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.
2017
Source: Forbes
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 90 percent of IT professionals plan to increase spending on BI tools.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- Businesses that use big data saw a 10 percent reduction in overall cost.
