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GlobalData
GlobalData

Beth

Business sentiment remained flat in Q1 2022, while Russia-Ukraine crisis dominated earnings call transcripts, finds GlobalData

Business sentiment plateaued in Q1 2022 compared to the previous quarter, while gaining 6% compared to Q1 2021, according to GlobalData. The leading data and analytics company notes that increased discussions on themes such as deal making and environmental, social and governance (ESG) indicate focus areas for firms in 2022. GlobalData’s latest report, ‘Company Filings […]
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AR set to transform the travel and tourism industry as it will provide a more informative and enhanced experience for travellers, says GlobalData

Companies in the tourism sector are investing in emerging technologies such as augmented reality (AR) to improve traveller experience after the industry was severely impacted by the COVID-19 pandemic and geopolitical tensions, says GlobalData. The leading data and analytics company notes that AR is set to bring the tourism industry closer to the metaverse, which […]
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Mid-contract telco service price hikes could lead to significant subscription churn to no-contract models, says GlobalData

Following the publication of a new Advisory Report detailing the various approaches European operators have taken to increase subscription service pricing in response to the cost of living crisis and next-gen network-build demands; Emma Mohr-McClune, Technology Service Director at GlobalData, a leading data and analytics company, comments: “There is no cookie-cutter approach to implementing a […]
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FDA’s increasing approvals of COVID-19 products and cell therapies will drive high-value pharma contract manufacturing, says GlobalData

The Food and Drug Administration’s (FDA) increasing approvals and Emergency Use Authorizations (EUAs) of COVID-19 vaccines and drugs, as well as cell and gene therapies, continue to provide ample manufacturing opportunities for contract manufacturing organizations (CMOs), says GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘New Drug Approvals and Their Contract Manufacture […]
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AR may struggle for battlefield applications but still beats VR, with revenues expected to reach $152 billion by 2030, says GlobalData

While augmented reality (AR) has so far been struggling to meet soldier’s expectations in the battlefield, GlobalData notes that the technology still brings critical advantages over virtual reality (VR). The leading data and analytics company notes that the technology is expected to generate revenues of $152 billion by 2030, as militaries begin to see the […]
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Russian imports of high-tech medical devices to continue despite sanctions, says GlobalData

Exports of many medical devices in tech-heavy markets—such as diagnostic imaging, ophthalmology, cardiovascular, and patient monitoring devices—are likely to bypass recent tech sanctions imposed on Russia as these devices often serve an essential purpose and have few domestic substitutes available within the Russian market, says GlobalData. However, the leading data and analytics company notes that […]
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Glocalism has evolved for enterprise ICT in a changing business environment, says GlobalData

The ‘glocal’ approach, which involves leveraging global reach and local presence, has been a long-aspired goal of ICT service providers. Glocalism enables providers to deliver the benefits of economies of scale with the intimacy of on-the-ground delivery and support, says GlobalData, a leading data and analytics company. Robert Pritchard, Senior Analyst for Enterprise Technology and […]
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Russian aesthetic devices market to contract by nearly 60% in 2022 as medical companies suspend sales operations, says GlobalData

The Russian aesthetic devices market is set to contract by 59% in 2022 following the country’s invasion of Ukraine and the global sanctions imposed upon it, according to GlobalData, a leading data and analytics company. Given that the Russian aesthetic devices market, which includes aesthetic implants, aesthetic injectables, body contouring devices, and laser resurfacing devices, […]
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Staff shortages at UK airports could prolong recovery at a time when international trips are set to dramatically increase, says GlobalData

Manchester Airports Group has significantly increased the number of active jobs available on its career pages, with open positions increasing from 65 in December to 110 in February, according to GlobalData. However, the leading data and analytics company notes that only 36 positions were closed in this period – an ominous sign of things to […]
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Sunflower oil shortages present challenges in price hikes as more than half of UK consumers are worried about their financial situation, says GlobalData

Following the news that brands in the UK are turning to rapeseed oil to cover sunflower oil shortages; Alice Popple, Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The lack of availability of sunflower oil is especially worrying for savory snack brands who depend on this ingredient, as changing to […]
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Infrastructure modernization under DevOps model yields new crop of disruptors, says GlobalData

Global events of the last two years have radically changed the way organizations’ IT departments operate by accelerating enterprise digitization, says GlobalData. The leading data and analytics company notes that, while cloud services have been essential for keeping businesses running, IT solutions have not always been optimized to support the agility necessary for frictionless app […]
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Eli Lilly and Boehringer Ingelheim’s Jardiance will become a leader in the heart failure market following EU approval, says GlobalData

With Eli Lilly and Boehringer Ingelheim (BI)’s Jardiance now approved to address both indications of heart failure (HF), GlobalData expects the drug to become a leading Sodium-Glucose Co-Transporter-2-Inhibitor (*SGLT2-I) in the HF market. The leading data and analytics company notes that Jardiance could potentially overtake AstraZeneca’s Farxiga (dapagliflozin) as the leading HF therapy and will […]
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US dominated list of global top five VC funded companies in 2021 with three companies attracting $12.8 billion funding, reveals GlobalData

The US dominated the list of global top five venture capital (VC) funded companies in 2021, with three US-based companies—Cruise, Robinhood and Databricks—collectively attracting $12.8 billion worth of VC funding, says GlobalData. The leading data and analytics company notes that advancements in emerging technologies have boosted global VC investors’ confidence in US-based companies. Aurojyoti Bose, […]
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Doubts remain over COR388’s efficacy despite new biomarker data, says GlobalData

At the AD/PD 2022 International Conference on Alzheimer’s disease (AD) and Parkinson’s disease (PD), Cortexyme presented new data from its COR388* (atuzaginstat) clinical program, highlighting positive numerical trends seen with the treatment and key biomarkers of AD, including amyloid-beta (Aβ) and tau protein. GlobalData notes that both proteins are hallmark pathologies of AD, so while […]
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Negative AdCom vote for Amylyx’s AMX0035 narrows its chances of an FDA approval, says GlobalData

The FDA’s Peripheral and Central Nervous System Drugs Advisory Committee (AdCom) voting against the new drug application of Amylyx’s AMX0035 for the treatment of amyotrophic lateral sclerosis (ALS) patients is extremely disappointing for the ALS community, but not entirely surprising, says GlobalData, a leading data and analytics company. Sarah Elsayed, Neurology Analyst at GlobalData, comments: […]
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Family responsibilities weigh heavily on UK parents as QUARTER of adults living with children are ‘extremely concerned’ about their mental and financial wellbeing in these uncertain times, says GlobalData

Brexit, the pandemic, the unfolding war in Ukraine, warnings of a cost of living crisis and record inflation have brought an unprecedented period of uncertainty for UK parents who are feeling extremely concerned about their mental stability and financial ability to cope with what lies ahead, according to GlobalData. The leading data and analytics company’s […]
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