Explore Data & Analytics Statistics
- Businesses that use big data saw a profit increase of 8–10 percent.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 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.
- 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.
- 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.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 36 percent of investment professionals use web scraping to derive data.
- 21 percent of investment professionals use web traffic to derive data.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- People generate 2.5 quintillion bytes of data each day.
Check Out Data & Analytics Tools
Recent Blogs on Data & Analytics
- Exploring DEV / TEST / PROD Environments in Power BI
- Women in Technology: It’s Time We Stand Up for What’s Right
- How to get started with Data Governance
- The Open Banking Movement is Open for Business
- Part 2: How the Snowflake Cloud Data Platform transforms organization?
- Snowflake Best Practices for Data Warehouse Development
- Artificial Intelligence (AI) Use Cases for the Retail Industry
- Gaining executive buy-in through Data Governance
- Data Solutions that Improve Risk Management for Banks
- Is Fast Healthcare Interoperability Resources (FHIR) the “Prescribed Burn” that Healthcare Data Needs?