In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
2019
Source: The Hill
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- 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.
- People generate 2.5 quintillion bytes of data each day.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 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
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 29 percent of investment professionals use search trends to derive data.
