98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.

2018

• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
• The amount of data generated each second in the banking sector will grow 700 percent by 2020.
• 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.
• 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.
• 55 percent of North American businesses have adopted big data analytics.
• The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
• 14 percent of investment professionals use credit card and POS software data to derive data.
• 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.
• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.