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GlobalData

Beth

Utilities need to exploit the deluge of data set to grow in 2020 as smart device sales soar

Big data analytics has emerged in response to the exponential growth in data and the utility industry, like most other industries, has started to make several transformations with the use of modern devices, says GlobalData, a leading data and analytics company. Cloud computing, machine learning, Internet of Things (IoT), robotics, blockchain and cybersecurity are being deployed by utilities in their operations. These technologies are the big current and future investment avenues for utilities and they all have one thing in common: they generate a huge amount of data. GlobalData’s latest report, ‘Big Data in Utilities – Thematic Research’, highlights how the data generated is growing each year as more […]
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UK consumers to spend over £1bn on Valentine’s Day in 2020

Valentine’s Day is set to be worth just over £1bn in 2020, up 0.6% on 2019 as shoppers spend on this occasion remains squeezed by low disposable incomes and consumer confidence, according to GlobalData, a leading data and analytics company. Food and drink purchased for a romantic meal at home continues to be the greatest […]
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CMA’s initial ruling proves death knell for JD Sports/Footasylum deal

In response to the CMA’s provisional findings on the proposed JD Sports/Footasylum merger; Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: “Today’s provisional findings from the CMA on the merger of JD Sports and Footasylum emphasise its tough stance on consolidation in the retail sector – all […]
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Another blow for Alzheimer’s disease patients as Lilly and Roche’s drugs fail to slow cognitive decline

Following the failure of a trial for two monoclonal antibody drugs for Alzheimer’s disease (AD), Eli Lilly’s solanezumab and Roche’s gantenerumab, in patients that have a rare genetic mutation that causes early-onset AD; Alessio Brunello, Senior Pharma Analyst at GlobalData, a leading data and analytics company, offers his view: “The data from the trial DIAN-TU […]
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Upstream sector led global oil and gas M&A deals in 2019

The upstream sector accounted for the bulk of mergers and acquisitions (M&A) in the global oil and gas industry in 2019, generating some high-value transactions during the process. The acquisition of Anadarko Petroleum by Occidental Petroleum in April 2019 for a purchase consideration of US$57bn was the highlight of oil and gas M&A activity last […]
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Seed and Series A funding rounds registered highest share of global VC investment volume and value in Q4 2019

Seed and Series A funding rounds accounted for a 38.3% and 24.4% share of global venture capital (VC) funding volume and value in the fourth quarter (Q4) of 2019, which is the highest among all funding rounds, according to GlobalData, a leading data and analytics company. Early stage funding rounds (Seed and Series A funding rounds) continued to dominate VC investments with a 74.7% share of total investment volume during Q4 2019. On the other hand, late stage funding rounds such as Series E, Series F, Series G and Series H were fewer in number compared to early stage deals but much larger in average deal value. A total of 2,753 deals (with disclosed funding rounds) worth US$45.5bn were announced during Q4 2019 compared to 2,325 deals during Q4 2018 that were worth US$39.2bn. The US accounted for 43.8% of total early stage funding volume and 42.4% of growth/expansion/late stage funding (comprising Series B, Series C, Series D, Series E, Series F, Series G and Series H). It […]
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China National Chemical Engineering records major petrochemical facilities contract in Russia during Q4 2019

The global oil & gas industry has witnessed a substantial contract in the downstream/petrochemical sector, with China National Chemical Engineering No 7 Construction securing a US$13.25bn contract from Baltic Chemical Complex for the FEED and EPC services for two Ethylene cracking, six Polyethylene, two Linear Alpha Olefins cracking units and offsite facilities at Ust-Luga in […]
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Early stage funding rounds dominated VC investments volume in Europe during Q4 2019

Europe experienced an increase in the volume of early stage (Seed and Series A rounds) venture capital (VC) deals in the fourth quarter (Q4) of 2019 compared to Q4 2018 and these deals also continued to account for a dominant share of VC investments volume during both quarters, according to GlobalData, a leading data and analytics company. The number of early stage funding rounds in Europe increased from 276 deals worth US$1.2bn in Q4 2018 to 313 deals worth US$1.4bn in Q4 2019. These deals accounted for more than 80% […]
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Brexit deal with EU will impact development of medical devices in UK

In the event of a free trade agreement with the EU, the UK will continue to be bound by current EU laws, thereby adhering to the new Medical Device Regulation (MDR). This will significantly change the landscape of the medical device industry, says GlobalData, a leading data and analytics company. According to GlobalData estimates, there are over 20,000 medical devices currently in the pipeline globally, with almost half in the early stages of development. Approximately 15.2% of pipeline medical devices are in Europe and will be strongly impacted by changing EU MDR and in vitro diagnostic medical devices regulation (IVDR). Aliyah Farouk, Medical Devices Analyst at GlobalData, comments: “The EU’s MDR will negatively impact the number of pipeline […]
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Tech sector must get used to reality of new EU relationship

The tech sector will have to get used to more trade friction as a result of Britain’s changing relationship with the EU, according to GlobalData, a leading data and analytics company. David Bicknell, principal analyst for GlobalData’s Thematic Research team, said: “The UK tech sector, which would have preferred close alignment with the EU, will have to get used to the post-Brexit political reality. On paper, nothing will change in 2020, but there will be uncertainty as tech companies fret about whether […]
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