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Hari Gorla

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Emerging markets indicate preference for contemporary sustainability frameworks, finds GlobalData

The Q1 2021 Verdict survey* by GlobalData, conducted to assess the perception around sustainability reporting, found that 74% of respondents voted in favour of public companies using objective and contemporary frameworks. Examples of these framework types include the Sustainability Accounting Standards Board (SASB), the Task Force on Climate-related Financial Disclosures (TCFD) and the United Nations’ […]
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Spain’s defense expenditure set to reach US$18.3bn in 2026 to combat rising hybrid threats, says GlobalData

Spain’s defense expenditure has risen incrementally, growing from US$9.8bn in 2017 to US$13.3bn in 2021 at a compound annual growth rate (CAGR) of 7.95% and is set to reach US$18.3bn by 2026, according to GlobalData, a leading data and analytics company. The country is committed to service-wide platform modernization to keep pace with NATO inter-operability […]
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Liberal withdrawal of accelerated approvals will have negative ramifications for oncology patients, says GlobalData

The Food and Drug Administration’s (FDA) accelerated approval program has recently come under fire due to high-profile withdrawals of immune checkpoint inhibitors (ICIs) from the oncology market. Conservative withdrawal of drugs marketed under accelerated approval has more upside for cancer patients with few available options compared to liberal withdrawal, says GlobalData, a leading data and […]
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COVID-19 fails to dampen spirits of startups seeking early-stage funding in APAC during Q1 2021, finds GlobalData

The COVID-19 pandemic has affected the venture capital (VC) investment landscape in the Asia-Pacific (APAC) region, but it has not dampened the spirits of startups and organizations seeking early-stage funding (seed, Series A and B). In fact, early-stage funding rounds accounted for 66.6% share of the total VC deals during the first quarter (Q1) of […]
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Despite widening net loss in FY20, IKEA India investing heavily in omni-channel model, says GlobalData

Furniture retailer IKEA India reported a net loss of INR7,201m (US$97.2m) in FY2019-20 compared to INR6,854m (US$92.5m) in FY2018-19. Despite incurring net loss, IKEA India is investing heavily in new store openings alongside its digital initiatives for an enhanced omni-channel experience, says GlobalData, a leading data and analytics company. After the launch of its first […]
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Subscription model to make electric vehicles more accessible in Australia, says GlobalData

Following the news that global battery giant Sonnen GmbH has launched electric vehicle subscription service SonnenDrive in partnership with shared mobility brand Carbar in Australia; Bakar Sadik Agwan, Senior Automotive Consulting Analyst at GlobalData, a leading data and analytics company, offers her view: “A vehicle subscription model that encompasses everything right from registration, maintenance, insurance, […]
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UK COVID-19 vaccine approvals would have taken longer if UK remained in EU, say European healthcare professionals in a GlobalData survey

More than 50% of surveyed healthcare industry professionals from Europe believe that Brexit allowed the UK to accelerate its COVID-19 vaccines approval process 31% of respondents from the UK highlighted that the UK’s departure from the bloc did not influence the fast-tracked authorization of COVID-19 vaccines While the Pfizer/BioNTech vaccine approval was commenced in accordance with […]
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Colonial Pipeline attack will concentrate government and operators’ minds on the ransomware threat, says GlobalData

Following the disclosure of a cyberattack on the Colonial Pipeline; David Bicknell, principal analyst, Thematic Research at GlobalData, a leading data and analytics company, offers his view: “The economic impact wrought by this cyberattack will bring home to government and energy operators the vulnerabilities in critical infrastructure. This is not the first ransomware cyberattack on […]
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