90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
2018
- 14 percent of investment professionals use credit card and POS software data to derive data.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- The big data industry will be worth an estimated $77 billion by 2023.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 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.
- People generate 2.5 quintillion bytes of data each day.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 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.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 36 percent of investment professionals use web scraping to derive data.
