73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.

2017

• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
• 95 percent of businesses need to manage unstructured data.
• 62 percent of retail businesses see competitive advantages from information and analytics.