More than 150 zettabytes (150 trillion gigabytes) of data will need analysis by 2025.
2019
Source: Forbes
- 29 percent of investment professionals use search trends to derive data.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 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.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 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.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
- 29 percent of investment professionals use expert networks to derive data.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
