50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.

2018

McKinsey Analytics

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More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
90 percent of IT professionals plan to increase spending on BI tools.
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.
90 percent of the world’s data was created between 2015 and 2016 alone.
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.
The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
The amount of data generated each second in the banking sector will grow 700 percent by 2020.
36 percent of investment professionals use web scraping to derive data.

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