People generate 2.5 quintillion bytes of data each day.

2016

• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• 62 percent of retail businesses see competitive advantages from information and analytics.
• Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
• 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
• 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.
• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.