55 percent of North American businesses have adopted big data analytics.
2017
Source: Forbes
- Businesses that use big data saw a profit increase of 8–10 percent.
- 36 percent of investment professionals use web scraping to derive data.
- 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.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 55 percent of North American businesses have adopted big data analytics.
- 29 percent of investment professionals use expert networks to derive data.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.