Location Analytics
Location analytics is the process of gaining insights from geographic component or location of business data. It is the visual effect of analyzing and interpreting the information which is portrayed by data and allows the user to connect location-related information with the dataset.Whizlabs
Explore Data & Analytics Statistics
- 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.
- 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.
- 95 percent of businesses need to manage unstructured data.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 55 percent of North American businesses have adopted big data analytics.
- 29 percent of investment professionals use search trends to derive data.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
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