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
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Businesses that use big data saw a profit increase of 8–10 percent.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- People generate 2.5 quintillion bytes of data each day.
- 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
