40 percent of businesses say they need to manage unstructured data on a frequent basis.
2019
Source: Forbes
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 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.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
