Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.

2017

• 53 percent of companies are adopting big data analytics
• 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
• 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.
• 95 percent of businesses need to manage unstructured data.
• 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
• Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• People generate 2.5 quintillion bytes of data each day.
• 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