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
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 21 percent of investment professionals use web traffic to derive data.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- People generate 2.5 quintillion bytes of data each day.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
