79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.

2018

• Businesses that use big data saw a 10 percent reduction in overall cost.
• 40 percent of businesses say they need to manage unstructured data on a frequent basis.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
• 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.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
• 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
• More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
• By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.