90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
2018
- Businesses that use big data saw a profit increase of 8–10 percent.
- 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.
- 45 percent of companies run at least some big data workloads in the cloud.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- 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.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 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.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 36 percent of investment professionals use web scraping to derive data.
