59 percent of executives say big data at their company would be improved through artificial intelligence (AI).

It comes from studies conducted by PwC and reflects the growing belief among business leaders that AI can significantly enhance the management and use of big data within their organizations​. This view is supported by the recognition that AI can improve processes like data analysis, pattern detection, and decision-making, making it easier to derive value from the vast amounts of data businesses collect.

The importance of this statistic lies in the fact that many companies struggle to fully capitalize on their big data investments. The tools and methods to extract insights from data have often been immature or difficult to scale. AI can bridge this gap by automating complex analytics tasks, improving data quality, and enabling more accurate predictions, helping organizations make data-driven decisions faster and with greater precision​.

A data consulting firm can assist companies in this area by implementing AI solutions tailored to their specific needs. These firms can help integrate AI tools to streamline data processes, improve data governance, and ensure that data is prepared for AI use. Additionally, data consultants can provide the expertise needed to align AI initiatives with business goals, ensuring a higher return on data investments. They can also support organizations in overcoming challenges such as data silos, incomplete data, or bias in data, which are critical for successful AI implementation​

• By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
• In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
• Businesses that use big data saw a 10 percent reduction in overall cost.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• By 2020, there will be 2.7 million job postings for data science and analytics roles.
• 90 percent of the world’s data was created between 2015 and 2016 alone.
• 29 percent of investment professionals use search trends to derive data.
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• 45 percent of companies run at least some big data workloads in the cloud.
• 14 percent of investment professionals use credit card and POS software data to derive data.