8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition

2018

• 36 percent of investment professionals use web scraping to derive data.
• 55 percent of North American businesses have adopted big data analytics.
• By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
• 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.
• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
• 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.
• 45 percent of companies run at least some big data workloads in the cloud.
• 40 percent of businesses say they need to manage unstructured data on a frequent basis.