70 percent of investment professionals use “alternative data” or plan to do so in the next year.
2019
Source: The Hill
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 95 percent of businesses need to manage unstructured data.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.