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Statistic Articles & Insights

98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.

2018

The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.

2018

In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.

2019

Businesses that use big data saw a profit increase of 8–10 percent.

2019

The amount of data generated each second in the banking sector will grow 700 percent by 2020.

is based on predictions made around 2015 and widely discussed in industry reports. It reflects the exponential increase in data generation driven by digitization, mobile banking, and customer interactions across various channels within the financial services industry. This massive surge in data was expected as more customers began using digital services, electronic transactions increased, and […]

Businesses that use big data saw a 10 percent reduction in overall cost.

2019

70 percent of investment professionals use “alternative data” or plan to do so in the next year.

2019

90 percent of the world’s data was created between 2015 and 2016 alone.

2016

Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.

2017