More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
2019
Source: Forbes
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- 45 percent of companies run at least some big data workloads in the cloud.
- 36 percent of investment professionals use web scraping to derive data.
- People generate 2.5 quintillion bytes of data each day.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- The number of IT professionals using descriptive and predictive analytics grew from the mid-40th percentile to high 60th percentile between January 2018 and January 2019.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.