Visualization
With the right visualizations, raw data can be put to use. Visualizations of course do not mean ordinary graphs or pie-charts. They mean complex graphs that can include many variables of data while still remaining understandable and readable.Dataconomy
Explore Data & Analytics Statistics
- 59 percent of executives say big data at their company would be improved through artificial intelligence (AI).
- Nearly 50 percent of businesses say big data and analytics have fundamentally changed business practices in their sales and marketing departments.
- 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.
- 90 percent of IT professionals plan to increase spending on BI tools.
- Data warehouse optimization is considered the most important big data analytics use case, and is considered critical or very important by 70 percent of businesses.
- 55 percent of North American businesses have adopted big data analytics.
- 79 percent of enterprise executives say that not embracing big data will cause companies to lose competitive position and risk extinction.
- 14 percent of investment professionals use credit card and POS software data to derive data.
- 53 percent of companies are adopting big data analytics
- 29 percent of investment professionals use search trends to derive data.
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