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Ahead of the start of the 2022 World Cup, to be hosted in Qatar; Jake Kemp, Sport Analyst at GlobalData, a leading data and analytics company, offers his view: “A potential 3.14 million fans could be attending the World Cup in Qatar if maximum capacity is reached across the 64 games, and GlobalData estimates that […]
UK Autumn Statement protects healthcare and education, but will result in tough choices on priorities for public sector’s £19 billion annual ICT spend, says GlobalData
Following UK Chancellor Jeremy Hunt’s announcement of a mixture of tax rises and cuts to UK public spending totalling £55 billion as part of the 2022 Autumn Statement; Robert Stoneman, Service Director at GlobalData, a leading data and analytics company, offers his view: “This has laid bare stark divisions in public spending, where moving forward […]
Artemis 1 launch marks start of renewed space race, says GlobalData
Following the news that NASA’s Artemis 1 has launched and is on a three-week journey to the moon; Carolina Pinto, Analyst at Thematic Intelligence Team at GlobalData, a leading data and analytics company, offers his view: “This launch marks the start of a renewed space race and a reversion to Cold War tactics.Governments will increasingly use space […]
Over half of UK consumers would consider paying higher premiums to insurers seen as leaders in sustainability, according to GlobalData
A recent survey by GlobalData* has highlighted the importance of sustainability to insurance customers. The leading data and analytics company found that 41.4% of consumers are willing to pay more for an insurance policy from a provider with a good record on sustainability, with a further 10.2% sitting on the fence. Ben Carey-Evans, Senior Insurance […]
Babcock RAF contract renewal unsurprising development as MoD must invest in training, says GlobalData
Following the news that Babcock has signed a 4-year contract with the UK Ministry of Defence (MoD) to continue to operate the Light Aircraft Flying Task (LAFT2) for the Royal Air Force (RAF); Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “The news that the MoD has renewed […]
ABPP amyloid plaques’ role in onset of Alzheimer’s questioned by Cincinnati University: GlobalData reveals that ABPP targeted by a tenth of all Alzheimer’s drugs
One of the leading theories for the cause of Alzheimer’s disease (AD) is the collection of abnormal amyloid plaques, a collection of misfolded amyloid A4 beta proteins (ABPP) that form in the spaces between nerve cells in the brain. This has led to a significant focus on producing drugs that inhibit ABPP, with leading data and […]
VC funding in the US falls below $10 billion in October 2022, finds GlobalData
Factors such as fear of recession and inflation appear to be taking a toll on investor sentiments in the US, with October being the first month of 2022 where the total venture capital (VC) funding raised by US-based startups fell below $10 billion, reveals GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that VC funding value nosedived by 39.9% to $8.1 billion in October, while deal volume also fell by 37.9% compared to the previous month. Meanwhile, the total number of VC funding deals […]
GlobalData finds 29% YoY growth in tech companies discussing ‘hiring’ in earnings call transcripts during Q3 2022
Companies in the technology industry discussing ‘hiring’ in earnings call transcripts increased by 29% year-on-year (YoY) in Q3 2022, with a total of 258 companies discussing this topic, finds GlobalData. However, the leading data and analytics company notes that there is a 12% decline in sentiment, which indicates companies could be preparing for a hiring […]
Robots in construction can help maintain productivity at a time when fewer people are pursuing a career in the industry, says GlobalData
The construction industry’s lack of digitalization and new technologies mean that companies will struggle to fulfil projects as younger people choose to pursue a career in other industries, says GlobalData. The leading data and analytics company notes that by adopting robotics technology at scale across the industry, companies can attract younger workers and maintain or […]
Roche’s gantenerumab Alzheimer’s disease failure will boost prospects for Eisai and Biogen’s lecanemab, says GlobalData
Following the news that Roche’s anti-amyloid beta (Aβ) monoclonal antibody (mAb), gantenerumab failed to significantly slow clinical decline in patients with early Alzheimer’s disease (AD) in two Phase III clinical trials, GRADUATE I and II (NCT03443973 and NCT03444870); Pippa Salter, Senior Neurology Analyst at GlobalData, a leading data and analytics company, offers her view: “Gantenerumab’s […]
Success of Primark’s long-awaited ‘click and collect’ trial might be restricted by its limited scope, says GlobalData
Following the launch of Primark’s ‘click and collect’ trial in 25 stores in the North West of England, Yorkshire, and North Wales that was announced in June 2022; Louise Deglise-Favre, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Consumers have long been waiting for Primark to embrace digital retail, and […]
Global deal activity down by 8.3% YoY during January to October 2022, reveals GlobalData
A total of 54,787 deals* were announced globally during January to October 2022, which is an 8.3% decline compared to the 59,760 deals that were announced during the same period last year, according to GlobalData, a leading data and analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “There are several reasons for the decline in […]
Suspension of Blue subscription service shows Musk’s Twitter gamble is not paying off, says GlobalData
Following the news that Twitter Blue has been removed from Twitter’s iOS app, GlobalData analysts offer their view: Daniel Clarke, Analyst in Thematic Intelligence at GlobalData, comments: “Musk’s cavalier management style has proved effective in industrial sectors, but social media requires more delicacy. User safety and content moderation underpin Twitter’s revenue streams, and Musk’s heavy-handed […]
The electrification of defense platforms is underpinning a global shift in environmental policy for defense, says GlobalData
As world leaders gather in Egypt for the 27th United Nations Climate Change Conference (COP27) to discuss current and future environmental policies, the progressive electrification of the aerospace and defense industry illustrates the opportunities and challenges faced by armed forces worldwide in attempting to reduce energy emissions and waste, notes GlobalData, a leading data and analytics […]
Jaguar Land Rover results point to mixed picture on sector semiconductors shortage
Following the release of quarterly financial results data today by Tata Motors owned Jaguar Land Rover (JLR); David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “It’s a mixed picture for many car companies right now as supply shortages ease in some markets, while problems persist elsewhere. Global manufacturing […]
English Premier League’s 20 active deals worth $411.68 million make it the most commercially lucrative in world soccer, says GlobalData
The English Premier League remains the most commercially lucrative in world soccer, with its 20 active deals this season worth $411.68 million, says GlobalData. The leading data and analytics company notes that the strength in depth and wide-scale international visibility of this soccer league sets it apart from any other. GlobalData’s report, ‘Kit Suppliers in Major […]
Meta job postings up by 9% in October 2022 despite recent layoff announcements, finds GlobalData
Following the news that Meta said it would lay off 11,000 employees; Sherla Sriprada, Business Fundamentals Analyst at GlobalData, a leading data and analytics company, offers her view: “Despite comments around layoffs, data shows that Meta has increased its hiring in October. GlobalData’s Job Analytics Database reveals that Meta’s job postings increased from 775 posted […]
The treatment of atopic dermatitis could be improved by new anti-itch agents in development, says GlobalData
Anti-itch agents are becoming more prominent in the atopic dermatitis (AD) therapeutic space as pruritis (itchy skin) is an integral symptom, affecting all patients regardless of age and disease severity. As a result, there are multiple new product candidates in the early and late-stage pipeline, finds GlobalData, a leading data and analytics company. Cara Therapeutics […]
Lack of skills and talents top factor hindering digital transformation efforts in healthcare industry, finds GlobalData
A successful digital transformation often requires thorough planning, adequate funding, talents, and organizational adaptability. However, the COVID-19 pandemic acted as a catalyst for the healthcare industry and forced many companies to ramp up their digital transformation efforts without proper planning in place, says GlobalData. The leading data and analytics company notes that this fast-tracked digital […]
Job postings related to hybrid work rose by 14% in Q3 2022 over Q2 2022, finds GlobalData
New job postings for ‘hybrid work’, where employees split their time between a workplace and working from home, increased by 14% in Q3 2022 over Q2 2022, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Global Hiring Activity – Trends & Signals Q3 2022’, reveals that around 3,000 companies posted jobs […]