53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.

2018

• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
• 95 percent of businesses need to manage unstructured data.
• 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
• Businesses that use big data saw a profit increase of 8–10 percent.
• 90 percent of the world’s data was created between 2015 and 2016 alone.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• 29 percent of investment professionals use search trends to derive data.
• 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
• 55 percent of North American businesses have adopted big data analytics.