More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
2019
Source: Forbes
- 45 percent of companies run at least some big data workloads in the cloud.
- 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.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 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.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 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.
