61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.

2018

McKinsey Analytics

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Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
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.
95 percent of businesses need to manage unstructured data.
53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
55 percent of North American businesses have adopted big data analytics.
50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
29 percent of investment professionals use expert networks to derive data.
In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.

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