95 percent of businesses need to manage unstructured data.
2019
Source: Forbes
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 36 percent of investment professionals use web scraping to derive data.
- 53 percent of companies are adopting big data analytics
- 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.
- 14 percent of investment professionals use credit card and POS software data to derive 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
- 95 percent of businesses need to manage unstructured data.
- Businesses that use big data saw a profit increase of 8–10 percent.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
