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
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 36 percent of investment professionals use web scraping to derive data.
- 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.
- 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.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 90 percent of IT professionals plan to increase spending on BI tools.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
