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.

2017

• 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.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• 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 profit increase of 8–10 percent.
• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
• 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
• Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.