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Allowing for increased customer convenience while adding additional levels of security, multi-faceted biometric applications will soon be the norm, putting an end to password-only, observes GlobalData, a leading data and analytics company. Heike van den Hoevel, Senior Wealth Management Analyst at GlobalData comments, “Biometrics is a key theme at the 2018 Money 20/20 conference in […]
Medtronic’s market dominance under threat as Adagio Medicals cryoablation catheter successfully treats its first patients, says GlobalData
Following the recent announcement that Adagio Medical, Inc. have successfully treated their first patients with its new One Shot+ cryoablation catheter, Sheryl Tang, Senior Analyst for Medical Devices at GlobalData, offers her view on what this means for the market: “The cryoablation market is set for disruption as Adagio Medical, Boston Scientific and a number […]
Personalization and growing investment into new technologies support P&G’s strategy in Q1 2019, says GlobalData
Following the release of P&G’s first quarter results, Jamie Mills, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “P&G’s 2019 first quarter results showcase overall net sales of $16.7 billion remaining in line with 2018 first quarter sales. The company’s beauty brands remain a strong driver of growth, however, […]
Amazon’s UK investment demonstrates demand for AI technologies, says GlobalData
Following today’s news (October 19, 2018) that online retail giant, Amazon, has created thousands of new technology jobs in the UK, Brad Shimmin, Service Director for Technology and Software at GlobalData, offers his view on this expansion: “Amazon’s increased investment in highly valued skill sets in the UK and elsewhere not only reflects the importance […]
57% of UK consumers say chocolate tax would stem consumption compared to 74% globally, says GlobalData
Following the introduction of a levy on sugary soft drinks in the UK earlier this year, it has been reported that similar measures could potentially be introduced for chocolate and confectionery as soon as 2020. However, a tax on chocolate and confectionery might be less impactful at altering consumption habits than the government would hope, […]
Unilever recording respectable growth amid rising threat of private labels and discounters marks a win for the company, says GlobalData
Following today’s (18 October 2018) announcement of Unilvever’s Q3 2018 results, Ronan Stafford, Lead Consumer Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current progress: ‘‘Unilever’s ability to raise prices and still record respectable growth is a good win for the company as the threat of private labels […]
Nestlé capitalizes on growing demand for healthy and naturally functional hydration, as its coffee business thrives, says GlobalData
Following the release of Nestlé’s third quarter results, Melanie Felgate, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “Nestlé’s third quarter results showed continued positive organic growth performance for the group of 2.8%, with solid performance in powdered and liquid beverages – particularly coffee – contributing significantly. “In its […]
Contactless rise puts cash under pressure, says GlobalData
Following Worldpay’s announcement today (16 Oct) that contactless overtook chip & PIN for in-store card payments this year, Sam Murrant, Senior Analyst in Payments at GlobalData, a leading data and analytics company, offers his view on role of contactless cards in the UK: ‘‘Contactless card holding and usage has been on a meteoric upward trajectory […]
Home fixed wireless broadband emerging as early 5G use case, says GlobalData
Operators racing to beat their competitors to 5G mobile services are, in some markets, using residential fixed wireless access (FWA) service to demonstrate leadership and boost their 5G credibility, according to GlobalData, a leading data and analytics company. The company’s latest report: ‘5G Fixed Wireless – An Early 5G Use Case’ states that 5G FWA […]
IBM and SAP lead cloud-based enterprise AI platform market, says GlobalData
IBM and SAP stand out as leaders in the market for cloud-based enterprise artificial intelligence (AI) platforms, according to GlobalData, a leading data and analytics company. The company’s new report: ‘Cloud-based Enterprise AI Platforms: Competitive Landscape Assessment’ states that IBM and SAP offer a full suite of AI capabilities and features, function- and industry-specific tools, […]
Express Scripts excluding Ajovy from 2019 coverage affects the drug’s future prospects, says GlobalData
Teva could breathe a sigh of relief when the FDA gave their migraine drug, Ajovy (fremanezumab), the nod in late September but they have been dealt a blow as Express Scripts have excluded the drug from their 2019 formulary, says GlobalData, a leading data and analytics company. A report by GlobalData, PharmaPoint – Migraine, states […]
Claire’s out of touch with today’s young shoppers, says GlobalData
Following today’s news (Monday 15 October) that Claire’s is mulling UK store closures, Kate Ormrod, Lead Retail Analyst at GlobalData, a leading data and analytics company, offers her view: ‘‘Having continually lost relevance in the jewellery and accessories market, the news that Claire’s is seeking to rid itself of stores is no surprise – with […]
Superdry is the next in a long line of brands to be hit by House of Fraser’s woes, says GlobalData
Following today’s news (Monday 15 October) that Superdry has announced a profit warning, Sofie Willmott, Senior Retail Analyst at GlobalData, a leading data and analytics company, offers her view on the chain’s current challenges: ‘‘Following news in the last few weeks that Quiz, Coast and Ted Baker have all been hit by the downfall of […]
Sears’ demise calls for change in management, says GlobalData
Following the news that US retailer, Sears, files for bankruptcy: Neil Saunders, Managing Director of GlobalData Retail, comments: “Today is a day that will live in retail infamy. That a storied retailer, once at the pinnacle of the industry, should collapse in such a shabby state of disarray is both terrible and scandalous in equal […]
Cannabis research starting to pay dividends in the UK after Govt ruling, says GlobalData
Following today’s announcement (12 October) from Sajid Javid, UK Home Secretary, that physicians can now prescribe cannabis oil to patients from 1st November, Rahael Maladwala, Pharma Analyst at GlobalData, offers his view on this landmark ruling: “This new rule shows that the global surge in the use of medicinal cannabis is demonstrating positive results and […]
Family travel to increase by 25% by 2022, says GlobalData
The outbound family travel market will grow at a Compound Annual Growth Rate (CAGR) of 4.6% from 300 million trips in 2017 to 376 million in 2022*, according to , a leading data and analytics company. The company’s latest report, highlights that family travel accounts for 30.8% of outbound tourism and will retain its hold […]
Gilead deal with NHS brings personalized cancer treatment closer to UK patients, says GlobalData
The recently announced Gilead deal with the NHS which will allow some adult NHS patients suffering from large B-cell lymphoma (DLBCL) to gain access to its CART-T cell therapy, Yescarta, will place the UK among the first countries in the world to offer this new generation of personalized medicine to cancer patients, observes GlobalData, a […]
Almost 90% of UK consumers would use deposit scheme as grocers rethink war on plastic, says GlobalData
Grocers should consider introducing more widespread deposit and return schemes instead of waiting for government action, since 88.9% of UK consumers stated that they would be likely to use a scheme as environmental concerns move higher up their agendas, says , a leading data and analytics company. Emily Salter, , comments: “Since almost 90% of […]
Dunkin’ Donuts’ coffee rebrand to target 42% of consumers that visited a coffee or tea shop in the past week, says GlobalData
In its 2017 annual report, Dunkin’ revealed its most valuable products according to consumer demand, were hot coffees, out-of-home drinks and iced coffees, instead of their core baked goods range, observes , a leading data and analytics company. In line with this, st report, reveals that consumers’ preference for Coffee & Tea shops has not […]
Novo Nordisk’s NN9924 has potential to become new market leader in GLP-1RA space within the next decade, says GlobalData
Novo Nordisk’s NN9924 is on track to become the first-to-market oral GLP-1RA within the next decade, says GlobalData, a leading data and analytics company. The growth in the GLP-1RA space will be heavily driven by agents that confer glycemic benefit, weight loss, and cardiovascular (CV) benefit, and increased patient compliance. In anticipation of GLP-1RA market […]