Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
2018MicroStrategy 2018 Global State of Enterprise Analytics Report
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- 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.
- 21 percent of investment professionals use web traffic to derive data.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- By 2025, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- 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.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
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