95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 90 percent of IT professionals plan to increase spending on BI tools.
- Businesses that use big data saw a profit increase of 8–10 percent.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition