Businesses that use big data saw a profit increase of 8–10 percent.

2019

• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• 36 percent of investment professionals use web scraping to derive data.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• 53 percent of companies are adopting big data analytics
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• 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.
• 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.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
• 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.