59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
2018Forbes
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- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- The big data industry will be worth an estimated $77 billion by 2023.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 45 percent of companies run at least some big data workloads in the cloud.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 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.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
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