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Hari Gorla

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Robust demand for digital transformation helped majority of top 25 tech companies by revenue demonstrate strong business growth in pandemic-hit year, says GlobalData

Despite the COVID-19 pandemic, 15 of the top 25 technology companies by revenue reported a year-on-year (YoY) rise in revenue, with 28% seeing double-digit growth Approximately 50% of the top 25 technology companies by revenue recorded double-digit growth in their YoY net profit The top 25 technology companies that reported considerable improvement in profitability over […]
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Global oncology Phase II clinical trials heavily impacted by COVID-19 disruptions, says GlobalData

Companies and organizations continue to report clinical trial disruptions across the globe due to the COVID-19 pandemic. These disruptions are being caused by a number of factors including delayed initiation, enrollment suspension, and slow enrollment, according to GlobalData, a leading data and analytics company. GlobalData’s recent global survey of key opinion leaders in the pharma […]
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Nestlé’s unique sustainable packaging initiatives likely to be attractive to 31% of French consumers but may be more difficult to recycle, says GlobalData

Following Nestlé’s announcement that it will be launching two new sustainable packaging developments to its Vittel range, with testing commencing in France in July; Holly Inglis, Beverages Analyst at GlobalData, a leading data and analytics company, offers her view: “Packaged water is one of the most consumed non-alcoholic drinks categories in France, and is buoyed […]
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Twitter Influencers see ‘United Airlines’ decision to buy supersonic planes a leap towards sustainable and faster aviation, finds GlobalData

United Airlines Inc. (United Airlines) has entered into an agreement with Boom Supersonic to buy its first supersonic commercial jet ‘Overture’. United Airlines is the first American airline company to go for commercial supersonic jet, which will be based on sustainable air-fuel and will be operational by 2029. Against this backdrop, the company witnessed more […]
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Cryptocurrencies just became a lot less secure as recovery of bitcoin colonial pipeline ransom sets path towards fiat-currency-style control, says GlobalData

Following the news that the US Government has managed to retrieve most of the Bitcoin that was used to pay off the Colonial Pipeline hackers; Danyaal Rashid, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “It is no surprise that the price of bitcoin fell by around 10% after the […]
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China passenger vehicle sales growth decelerates in May 2021 but electric vehicle sales remain strong, says GlobalData

Following the news that China’s passenger vehicle sales grew by only 1.1% year-on-year (Y-o-Y) in May 2021, as per the data from China Passenger Vehicle Association; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers his view: “Relatively slow growth in passenger vehicle sales in China can be […]
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Sustainable business initiatives helped majority of the top 25 retailers by revenue thrive in pandemic-hit year, says GlobalData

Among the top 25 retailers by revenue, close to one-third reported double-digit year-on-year (YoY) growth in revenue Approximately 70% recorded growth in their YoY net earnings Fiscal 2020 was arguably the most difficult year in recent history due to the COVID-19 pandemic, however, with the timely adoption of strategic and operational changes, retailers worldwide were […]
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Yum China’s commitment to reduce carbon emissions reflects the necessity of a corporate ‘green’ position, says GlobalData

Following the news that Yum China has committed to the global Science Based Targets initiative (SBTi) to reduce its carbon emissions; Fred Diamond, Consumer Analyst at GlobalData, a leading data and analytics company, offers his view: “In recent years, there has been mounting pressure on businesses, particularly those with consumer-facing brands, to join the good […]
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