Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.

2017

• Businesses that use big data saw a profit increase of 8–10 percent.
• 29 percent of investment professionals use expert networks to derive data.
• The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
• In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
• 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
• 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• 55 percent of North American businesses have adopted big data analytics.
• 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.