By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
2018
Source: IDC Data Age 2025
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 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.
- 36 percent of investment professionals use web scraping to derive data.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 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.
- 95 percent of businesses need to manage unstructured data.
- 53 percent of companies are adopting big data analytics
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
