Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
2019
Source: Forbes
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- People generate 2.5 quintillion bytes of data each day.
- 29 percent of investment professionals use search trends to derive data.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 90 percent of IT professionals plan to increase spending on BI tools.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.