Through 2019, 90% of large organizations will have hired a CDO, but only 50% will be considered a success.
2017Smarter with Gartner: Keys to Success for Chief Data Officers
Explore Data & Analytics Statistics
- In the banking sector, investments in big data analytics were estimated at $20.8 billion in 2016.
- 40 percent of businesses say they need to manage unstructured data on a frequent basis.
- 73 percent of businesses consider Spark SQL critical to their analytics strategies as a big data access method.
- Businesses that use big data saw a profit increase of 8–10 percent.
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 36 percent of investment professionals use web scraping to derive data.
- The big data software market was worth $31 billion in 2018, growing 14 percent from the year before.
- Only 16% of organizations can currently say that 75% or more of their employees have access to company data and analytics.
- 53 percent of CEOs consider themselves the primary leader of their company’s analytics agenda.
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