Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
2017
Source: Forbes
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 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.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 36 percent of investment professionals use web scraping to derive data.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 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.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
