Waterfall ChartA waterfall chart should be used to show how an initial value is affected by intermediate values — either positive or negative — and resulted in a final value. This should be used to reveal the composition of a number. An example of this would be to showcase how overall company revenue is influenced by different departments and leads to a specific profit number.
Explore Data & Analytics Statistics
- By 2020, there will be 2.7 million job postings for data science and analytics roles.
- Businesses that use big data saw a profit increase of 8–10 percent.
- Insights-driven businesses are growing at an average of more than 30% each year, and by 2021, they are predicted to take $1.8 trillion annually from their less-informed peers.
- People generate 2.5 quintillion bytes of data each day.
- Only 7% of marketers surveyed report that they are currently effectively able to deliver real-time, data-driven marketing engagements across both physical and digital touchpoints.
- 55 percent of North American businesses have adopted big data analytics.
- 98 percent of sales representatives at construction companies that adopt analytics and geographic data reported dramatic decreases in their time frame for providing price quotes.
- The big data industry will be worth an estimated $77 billion by 2023.
- 70 percent of investment professionals use “alternative data” or plan to do so in the next year.
- 29 percent of investment professionals use expert networks to derive data.
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