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.
2018
Source: IDC Data Age 2025
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 36 percent of investment professionals use web scraping to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 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.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 29 percent of investment professionals use expert networks to derive data.
- 53 percent of companies are adopting big data analytics
- 21 percent of investment professionals use web traffic to derive data.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- The big data industry will be worth an estimated $77 billion by 2023.