By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
2018
Source: IDC Data Age 2025
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 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.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 45 percent of companies run at least some big data workloads in the cloud.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
- 90 percent of IT professionals plan to increase spending on BI tools.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
