Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
2017
- By 2025, the amount of the global datasphere subject to data analysis will grow by a factor of 50 to 5.2 zettabytes.
- Content analytics usage among IT professionals increased from 43 percent to 54 percent between January 2018 and January 2019.
- 90 percent of the world’s data was created between 2015 and 2016 alone.
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- In 2025, the IoT data analyzed and used to change business processes will be as much as all of the data created in 2020.
- 90 percent of IT professionals plan to increase spending on BI tools.
- 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, IDC predicts that the total amount of digital data created worldwide will rise to 163 zettabytes, ballooned by the growing number of devices and sensors
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.