95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 45 percent of companies run at least some big data workloads in the cloud.
