By 2020, there will be 2.7 million job postings for data science and analytics roles.
2017BHEF and PwC America’s Data Science and Analytics Talent: The Case for Action Report
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- Businesses that use big data saw a 10 percent reduction in overall cost.
- 55 percent of North American businesses have adopted big data analytics.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 45 percent of companies run at least some big data workloads in the cloud.
- 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.
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