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- Businesses that use big data saw a 10 percent reduction in overall cost.
- The big data industry will be worth an estimated $77 billion by 2023.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Businesses that use big data saw a profit increase of 8–10 percent.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- In a survey of approximately 700 business professionals, only 15% said their organization is currently very effective in delivering a relevant and reliable customer experience. In the same survey, only 3% of respondents said they are able to act on all of the customer data they collect; 21% say they can act on very little of it.
- 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.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
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