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Hari Gorla

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Tech collaborations are enabling oil and gas companies to venture into quantum computing to reduce operational costs

The prevailing industry downturn from COVID-19 has heightened the need for oil and gas companies to reduce operational costs by improving efficiency. Although classical computers are capable enough in delivering efficiency gains, quantum computers and their optimization algorithms could deliver these gains in a much shorter time, says GlobalData, a leading data and analytics company. […]
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Novavax’s COVID-19 vaccine may face severe uptake challenges in the US

Novavax has further demonstrated excellent results from its pivotal PREVENT-19 vaccine trial. Despite this positive data, it will likely see very little uptake in the US, says GlobalData, a leading data and analytics company. Nancy Jaser, PharmD/MBA, Pharma Analyst at GlobalData, comments: “Novavax’s PREVENT-19 trial enrolled close to 30,000 participants across 119 sites in the […]
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Renewable energy will take almost 40% of the global power mix by 2030 as world heads towards smart decarbonization, says GlobalData

The global push for a transition to cleaner energy, driven by strong policies and financial support, will heavily impact the future of renewables, according to GlobalData. The leading data and analytics company notes that renewables are expected to take almost 40% of the power mix by 2030. GlobalData’s latest report, ‘Global Power Mix in Transition’, […]
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High performance computing emerges as new competitive battleground between IT vendors and cloud service providers, says GlobalData

A confluence of developments including growing volumes of data generated by Internet of Things (IoT) sensors, and the emergence of new content and data-rich applications, some of which are incorporating the use of artificial intelligence (AI), is set to drive demand for higher performance computing solutions over the next five years. This will contribute to […]
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Marketing push will help Australian domestic tourism reach record highs by 2025, according to a GlobalData

Strongly supported by Tourism Australia’s domestic campaign, GlobalData forecasts a record number of domestic trips in the country by 2025: double that seen in 2020 and representing a 14% growth on pre-pandemic levels. In broadcasting the phrase ‘holiday here, this year’ over social media channels, radio and outdoor advertising has paid off, and, although the […]
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Crypto discussions among corporates grew in Q1 2021, yet negativity persists, says GlobalData

Despite the market volatility, cryptocurrency has gained traction among corporates over the last five years, according to GlobalData. The leading data and analytics company’s filing analytics database reveals that, mentions of ‘crypto’ and related keywords in company filings rose by over 125% in Q1 2021, compared to Q4 2020 – the sharpest increase since the […]
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China’s haircare market to reach US$12.9bn in 2025, says GlobalData

The Chinese haircare market is projected to grow from CNY80.2bn (US$11.6bn) to CNY88.2bn (US$12.9bn), at a compound annual growth rate (CAGR) of 1.9% between 2020 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘China Haircare – Market Assessment and Forecasts to 2025’, reveals that the market is majorly driven by growth […]
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ISR satellite systems to attract more than 50% share of global military satellite market by 2031, says GlobalData

The growing importance of information-based warfare and a huge demand for real-time situational awareness is expected to propel the intelligence, surveillance and reconnaissance (ISR) satellites segment to garner the largest share (51%) of global spending on military satellites over the next decade, according to GlobalData, a leading data and analytics company. As most contemporary spy […]
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CARsgen’s novel pipeline therapy could be beneficial to underserved patients in late-stage advanced HCC, says GlobalData

CARsgen Therapeutics’ novel pipeline therapy for advanced hepatocellular carcinoma (HCC) stands out in the American Society of Clinical Oncology (ASCO) virtual annual meeting for being the first-in-class approach with a unique mechanism of action that targets heavily pretreated advanced HCC patients, says GlobalData, a leading data and analytics company. Results for multiple HCC clinical trials […]
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