60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
2018McKinsey Analytics
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- 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.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 29 percent of investment professionals use expert networks to derive data.
- 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.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 45 percent of companies run at least some big data workloads in the cloud.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
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