Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
2019
Source: Forbes
- 36 percent of investment professionals use web scraping to derive data.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 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.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 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.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.