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.
2018IDC Data Age 2025
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- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 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
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 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.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- The big data industry will be worth an estimated $77 billion by 2023.
- 53 percent of companies are adopting big data analytics
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
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