26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
2018
Source: McKinsey Analytics
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- People generate 2.5 quintillion bytes of data each day.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 55 percent of North American businesses have adopted big data analytics.
- 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.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
