Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
2019
Source: Forbes
- 29 percent of investment professionals use search trends to derive data.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- Businesses that use big data saw a 10 percent reduction in overall cost.
- 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.
- 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.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
