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

2019

• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• 90 percent of IT professionals plan to increase spending on BI tools.
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
• 14 percent of investment professionals use credit card and POS software data to derive data.