26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
2018McKinsey Analytics
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- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 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.
- 45 percent of companies run at least some big data workloads in the cloud.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 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.
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