More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
2018
Source: Forbes
- 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
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 55 percent of North American businesses have adopted big data analytics.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 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.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- People generate 2.5 quintillion bytes of data each day.
- Businesses that use big data saw a 10 percent reduction in overall cost.