95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- The big data industry will be worth an estimated $77 billion by 2023.
- 95 percent of businesses need to manage unstructured data.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 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