70 percent of investment professionals use “alternative data” or plan to do so in the next year.
2019
Source: The Hill
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 95 percent of businesses need to manage unstructured data.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 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
- 36 percent of investment professionals use web scraping to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 21 percent of investment professionals use web traffic to derive data.
