Data Aggregation
Data aggregation refers to the collection of data from multiple sources to bring all the data together into a common athenaeum for the purpose of reporting and/or analysis.Whizlabs
Explore Data & Analytics Statistics
- Data-driven organizations are 23 times more likely to acquire customers, six times as likely to retain customers, and 19 times as likely to be profitable as a result.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 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
- 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.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- The big data industry will be worth an estimated $77 billion by 2023.
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