Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
2021
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 95 percent of businesses need to manage unstructured data.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- 90 percent of IT professionals plan to increase spending on BI tools.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
