79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
2018
Source: Forbes
- 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.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- People generate 2.5 quintillion bytes of data each day.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- 21 percent of investment professionals use web traffic to derive data.
