90 percent of IT professionals plan to increase spending on BI tools.
2019
Source: Forbes
- 29 percent of investment professionals use expert networks to derive data.
- 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.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
