36 percent of investment professionals use web scraping to derive data.
2019
Source: The Hill
- 36 percent of investment professionals use web scraping to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 29 percent of investment professionals use expert networks to derive data.
- Businesses that use big data saw a 10 percent reduction in overall cost.
