People generate 2.5 quintillion bytes of data each day.
2016
Source: IBM
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 90 percent of IT professionals plan to increase spending on BI tools.
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- By 2025, more than a quarter of all data created will be real-time, with 95% of that data generated by the Internet of Things.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 95 percent of businesses need to manage unstructured data.