90 percent of IT professionals plan to increase spending on BI tools.
2019
Source: Forbes
- Businesses that use big data saw a profit increase of 8–10 percent.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 45 percent of companies run at least some big data workloads in the cloud.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 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 education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 21 percent of investment professionals use web traffic to derive data.