95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- 29 percent of investment professionals use search trends to derive data.
- 45 percent of companies run at least some big data workloads in the cloud.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 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.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 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
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.