Businesses that use big data saw a profit increase of 8–10 percent.
2019
Source: Entrepreneur
- 95 percent of businesses need to manage unstructured 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
- 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.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- 36 percent of investment professionals use web scraping to derive data.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 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.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 55 percent of North American businesses have adopted big data analytics.
