95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 29 percent of investment professionals use expert networks to derive data.
- 29 percent of investment professionals use search trends to derive data.
- 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.
