29 percent of investment professionals use search trends to derive data.
2019
Source: The Hill
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- 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.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 21 percent of investment professionals use web traffic to derive data.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- People generate 2.5 quintillion bytes of data each day.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
