Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
2018
Source: Forbes
- 29 percent of investment professionals use expert networks to derive data.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 29 percent of investment professionals use search trends to derive data.
- 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.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.