55 percent of North American businesses have adopted big data analytics.
2017
Source: Forbes
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- People generate 2.5 quintillion bytes of data each day.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 21 percent of investment professionals use web traffic to derive data.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 95 percent of businesses need to manage unstructured data.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
