14 percent of investment professionals use credit card and POS software data to derive data.
2019
Source: The Hill
- 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.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- The big data industry will be worth an estimated $77 billion by 2023.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 55 percent of North American businesses have adopted big data analytics.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
