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26 Interesting Statistics around Big Data, Data Science, and Analytics Market, Jobs, and Salaries

Analysts Corner

LinkedIn’s emerging jobs report states that data science has emerged as the fastest-growing job requirement world-wide, with more than 650% growth since 2012. According to a 2021 report by the World Economic Forum, data science was identified as the skill with the largest skill gap. billion (Source: Global Newswire ).

Big Data 246
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Interesting statistics around big data, data analysis, and usage

Analysts Corner

Data generation, volume, and growth statistics Between the dawn of time and 2003, 5 exabytes of data had been created at Google. By 2010, this volume of data was being created every two days, and by 2021, this volume of data was being created every 40 minutes. Source: IDC). Food for thought and the way ahead!

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The Rise of Small Data

GAVS Technology

In their annual report of “Data And Analytics Trends for 2021”, leading analyst firm Gartner has featured the trend – “From Big to Small and Wide Data”. Unstructured big data continues to play a big role in enterprise insights.

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Unstructured Data Challenges for 2023 and their Solutions

Astera

Challenge # 1: Inability to Process Growing Data Volumes. The volume of global data is projected to rise to 175 Zettabytes by 2025. This presents the challenge of accurately capturing this data in a timely manner. Enterprises need to capture and store unstructured data to extract valuable insights.

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Why Finance Teams are Struggling with Efficiency in 2023

Insight Software

last year with no signs of slowing down–a return to a steady interest rate isn’t expected until 2025. According to the International Monetary Fund’s World Economic Outlook , global inflation soared to 8.8% In addition to this economic squeeze, skills shortages are still a key challenge.

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12 Cloud Computing Risks & Challenges Businesses Are Facing In These Days

Data Pine

The main concerns surrounding cyber threats across the board are: Compromised credentials Broken authentication Human error Mass sensitive data breaches Hacked interfaces and APIs Account hijacking. trillion by 2025 , these concerns are urgent and certainly not far-fetched fallacies. Portability and interoperability.