Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
2017
Source: Forbes
- 45 percent of companies run at least some big data workloads in the cloud.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- 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.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 90 percent of IT professionals plan to increase spending on BI tools.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- The big data industry will be worth an estimated $77 billion by 2023.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.