62 percent of retail businesses see competitive advantages from information and analytics.
2018
Source: Towards Data Science
- 45 percent of companies run at least some big data workloads in the cloud.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 21 percent of investment professionals use web traffic to derive data.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 95 percent of businesses need to manage unstructured data.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 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.
- 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.