29 percent of investment professionals use search trends to derive data.
2019
Source: The Hill
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 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.
- 55 percent of North American businesses have adopted big data analytics.
- 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.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.