70 percent of investment professionals use “alternative data” or plan to do so in the next year.
2019The Hill
Explore Data & Analytics Statistics
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 36 percent of investment professionals use web scraping to derive data.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 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.
- 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.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
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