Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
2017Forbes
Explore Data & Analytics Statistics
- 36 percent of investment professionals use web scraping to derive data.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 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.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 53 percent of companies are adopting big data analytics
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