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
- 95 percent of businesses need to manage unstructured data.
- The worldwide big data market is projected to grow from $42 billion in 2018 to $103 billion in 2027.
- 21 percent of investment professionals use web traffic to derive data.
- 62 percent of retail businesses see competitive advantages from information and analytics.
- Customer/social analysis is considered the second most important big data analytics use case, followed by predictive maintenance.
- 60 percent of businesses believe it is harder to source talent for data and analytics positions than for any other roles
- The big data industry will be worth an estimated $77 billion by 2023.
- 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.
- 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.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
