By 2020, there will be 2.7 million job postings for data science and analytics roles.
2017
- 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
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 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.
- 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.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- People generate 2.5 quintillion bytes of data each day.
- 36 percent of investment professionals use web scraping to derive data.
- 95 percent of businesses need to manage unstructured data.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.