55 percent of North American businesses have adopted big data analytics.

2017

• 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.
• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
• 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
• Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
• 62 percent of retail businesses see competitive advantages from information and analytics.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
• Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
• 29 percent of investment professionals use search trends to derive data.