90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
2018
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 36 percent of investment professionals use web scraping to derive data.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.