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Explore Data & Analytics Statistics
- Businesses that use big data saw a 10 percent reduction in overall cost.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 29 percent of investment professionals use expert networks to derive data.
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 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.
- 36 percent of investment professionals use web scraping to derive data.
- 95 percent of businesses need to manage unstructured data.
- 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.
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