Explore Data & Analytics Statistics
- 29 percent of investment professionals use search trends to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 45 percent of companies run at least some big data workloads in the cloud.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 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.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
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