Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
2018
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 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.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- Businesses that use big data saw a 10 percent reduction in overall cost.
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- 95 percent of businesses need to manage unstructured data.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 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.
