90 percent of the world’s data was created between 2015 and 2016 alone.
2016
Source: IBM
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 55 percent of North American businesses have adopted big data 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.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.