By 2020, there will be 2.7 million job postings for data science and analytics roles.
2017
- 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.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- Businesses that use big data saw a profit increase of 8–10 percent.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 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 big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.