62 percent of retail businesses see competitive advantages from information and analytics.

2018

• 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
• 90 percent of IT professionals plan to increase spending on BI tools.
• Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
• By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
• 53 percent of companies are adopting big data analytics
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.