Explore Data & Analytics Statistics
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 29 percent of investment professionals use search trends to derive data.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 55 percent of North American businesses have adopted big data analytics.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
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