90 percent of the world’s data was created between 2015 and 2016 alone.
2016
Source: IBM
- 45 percent of companies run at least some big data workloads in the cloud.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- The big data industry will be worth an estimated $77 billion by 2023.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 95 percent of businesses need to manage unstructured data.
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 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.