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“Business analytics or predictive modelling is a $100 billion industry, and $41 billion is spent on outsourced business analytics every year. I think that's about twice the size of the movie industry - it's really big.” quote by Anthony Goldbloom
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“Business analytics or predictive modelling is a $100 billion industry, and $41 billion is spent on outsourced business analytics every year. I think that's about twice the size of the movie industry - it's really big.”

Anthony Goldbloom

About This Quote

Source Talk: Data Science Conference, 2017

The business analytics market is massive, dwarfing the film industry, highlighting its economic significance and growth potential.

In simple terms: Analytics is a huge, growing industry.

Key Takeaway

Invest in data analytics skills.

Themes

business technology growth

Mood

optimistic strategic

Type

informative inspirational

When to use this quote

  • career planning
  • investment decisions
  • strategic planning
  • market analysis

Key Concepts

big data industry scale economic impact

Questions to Reflect On

  • How can you stay current in analytics?
  • What sectors will analytics disrupt next?
A Different Perspective

Rapid change may outpace skill development.

3.7 out of 5 (8 ratings)

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