In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
2018
Source: IDC Data Age 2025
- 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.
- 45 percent of companies run at least some big data workloads in the cloud.
- 53 percent of companies are adopting big data analytics
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 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
- 29 percent of investment professionals use expert networks to derive data.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
