59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
2018Forbes
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- 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.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 29 percent of investment professionals use search trends to derive data.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 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.
- The big data industry will be worth an estimated $77 billion by 2023.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
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