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.
2017Forbes
Explore Data & Analytics Statistics
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- Businesses that use big data saw a profit increase of 8–10 percent.
- Analytics leaders are nearly twice as likely as others to report enacting a long-term strategy to respond to changes in core business practices.
- 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.
- 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.
- 83 percent of enterprise executives say they’ve pursued big data projects to gain a competitive advantage.
- 53 percent of companies are adopting big data analytics
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
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