70 percent of investment professionals use “alternative data” or plan to do so in the next year.

2019

The Hill

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By 2020, there will be 2.7 million job postings for data science and analytics roles.
55 percent of North American businesses have adopted big data analytics.
More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
70 percent of investment professionals use “alternative data” or plan to do so in the next year.
53 percent of companies are adopting big data analytics
Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
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.
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.

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