90 percent of the world’s data was created between 2015 and 2016 alone.

2016

• Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• 40 percent of businesses say they need to manage unstructured data on a frequent basis.
• 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.
• 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.
• 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
• 29 percent of investment professionals use search trends to derive data.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
• 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.