By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
2018
Source: IDC Data Age 2025
- 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.
- 53 percent of companies are adopting big data analytics
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.