Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.

2017

• 29 percent of investment professionals use search trends to derive data.
• 30 percent of businesses consider the Spark software framework critical to their big data analytics strategies.
• 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
• 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
• 36 percent of investment professionals use web scraping to derive data.
• 8 percent of businesses say data and analytics have fundamentally changed the nature of industry-wide competition
• 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.
• Big data ranks 20th across 33 key technologies when businesses were asked their top technologies and initiatives strategic to business intelligence.
• 90 percent of the world’s data was created between 2015 and 2016 alone.
• 90 percent of IT professionals plan to increase spending on BI tools.