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
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 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.
- People generate 2.5 quintillion bytes of data each day.
- 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.
- Businesses that use big data saw a 10 percent reduction in overall cost.
