Funnel Chart
A funnel chart shows a series of steps and the completion rate for each step. This can be used to track the sales process or the conversion rate across a series of pages or steps.https://www.statisticshowto.datasciencecentral.com/wp-content/uploads/2016/10/funnel-chart.png
Explore Data & Analytics Statistics
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 90% of enterprise analytics and business professionals currently say data and analytics are key to their organization’s digital transformation initiatives.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 95 percent of businesses need to manage unstructured data.
- 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.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 21 percent of investment professionals use web traffic to derive data.
- 29 percent of investment professionals use expert networks to derive data.
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