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.
2017
Source: Forbes
- More than 30 percent of businesses say big data and analytics have fundamentally changed business practices in their research and development departments
- 50 percent of businesses say data and analytics significantly impacted new entrants launching data and analytics businesses that undermine traditional competitors’ value propositions.
- 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
- 55 percent of North American businesses have adopted big data analytics.
- The amount of data generated each second in the banking sector will grow 700 percent by 2020.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 53 percent of companies are adopting big data analytics
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
