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
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- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 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.
- 29 percent of investment professionals use expert networks to derive data.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 45 percent of companies run at least some big data workloads in the cloud.
- 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.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
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