14 percent of investment professionals use credit card and POS software data to derive data.
2019
Source: The Hill
- 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.
- 90 percent of IT professionals plan to increase spending on BI tools.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 95 percent of businesses need to manage unstructured data.
