90 percent of the world’s data was created between 2015 and 2016 alone.

2016

• The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• 29 percent of investment professionals use expert networks to derive data.
• 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.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
• 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.
• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.