R
It is a programming language and an environment for the graphics and statistical computing. It is very extensible language that provides a number of graphical and statistical techniques such as nonlinear and linear modeling, time-series analysis, classical statistical tests, clustering, classification etc.Whizlabs
Explore Data & Analytics Statistics
- The education vertical currently has the lowest adoption of big data among vertical industries, but educators are most likely to say they may use big data in the future.
- 61 percent of businesses that recognize the effect of data and analytics on their core business practices say their companies either have not responded to these changes or have taken only ad hoc actions rather than developing a comprehensive, long-term strategy for analytics.
- By 2025, 60% of the 163 zettabytes of existing data will be created and managed by enterprise organizations.
- 21 percent of investment professionals use web traffic to derive data.
- 36 percent of investment professionals use web scraping to derive data.
- Businesses that use big data saw a profit increase of 8–10 percent.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 26 percent of businesses say data and analytics have significantly changed the nature of industry-wide competition.
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
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