90 percent of IT professionals plan to increase spending on BI tools.

2019

• 36 percent of investment professionals use web scraping to derive data.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
• 55 percent of North American businesses have adopted big data analytics.
• 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
• 62 percent of retail businesses see competitive advantages from information and analytics.
• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
• 95 percent of businesses need to manage unstructured data.
• 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.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition