Explore Data & Analytics Statistics
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 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.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
Check Out Data & Analytics Tools
Recent Blogs on Data & Analytics
- Data Science Powers the Data-Driven Organization of the Future
- Predictive Analytics can help reduce your Data Decay
- Data Solutions that Improve Risk Management for Banks
- Data Offense or Data Defense: Flexibility vs Control
- Data Warehouse: Keys to Success
- Overcoming common Enterprise Data Governance challenges
- Why choose Snowflake Cloud Data Platform?
- The Value of Data Integration
- Surprise! Payers’ Data Struggles with the No Surprises Act
- Mothers in Tech: Design your Own Work-Life Balance