53 percent of companies are adopting big data analytics
2017
Source: Forbes
- 90 percent of IT professionals plan to increase spending on BI tools.
- 21 percent of investment professionals use web traffic to derive data.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 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.
- 95 percent of businesses need to manage unstructured data.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
