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GlobalData

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Airliners vouch for supersonic travel as BOOM picks up orders, says GlobalData

Following the news that American Airlines has made a deposit for a supersonic passenger aircraft; James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a leading data and analytics company, offers his view: “The world’s largest airline firm has put down an unknown deposit for 20 units of BOOM’s supersonic ‘Overture’ commercial aircraft. Despite not being […]
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Denmark leads global upcoming hydrogen pipeline length additions by 2026, says GlobalData

For planned and announced hydrogen pipeline projects between 2022 and 2026, Denmark is expected to lead in terms of global length additions, contributing around 35% of the total global hydrogen pipeline additions in this period, finds GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Hydrogen Pipelines Length and Capital Expenditure (CapEx) Forecast by Region, Countries […]
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Corneal blindness patients could benefit from a potentially less invasive treatment with pig skin protein, says GlobalData

Researchers from Linkoping University and LinkoCare were able to return vision to fourteen corneal blindness patients with a special corneal implant of medical-grade collagen collected from pig skin, observes GlobalData. The leading data and analytics company notes that with this new alternative to human corneal donation, no stitches are required when inserting the implant into […]
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Domino’s failure to step into the Italian market exposes gap in its localization strategy, says GlobalData

Domino’s Italian franchisee, EPizza, filed for bankruptcy in July 2022, effectively ending the company’s pursuit to expand its presence in the country. GlobalData notes that despite a sizeable investment to localize its menu, Domino’s failed to recognize the local landscape and was unable to compete with smaller Mom and Pop businesses, which accounted for 72.6%** […]
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Insurtech investments fall by 79.6% in 2021 leading to job losses and tough economic conditions in 2022, says GlobalData

With several leading insurtech start-ups providers going bust or cutting staff, the COVID-19 pandemic and cost-of-living crisis are having a massive impact on the global insurtech industry, with leading data and analytics company GlobalData finding that investments into insurtech have fallen significantly in 2022. GlobalData’s Deals Database reveals that the value of global investments into insurtech fell […]
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GE Healthcare’s Edison Accelerator program could accelerate the medical industry’s adoption of AI, says GlobalData

Six digital health start-ups, specifically looking at AI to augment medical imaging, have recently been selected to become the first cohort of GE Healthcare and Nex Cubed’s Edison Accelerator program. Focusing on AI should improve patient care by changing the way healthcare is delivered in Canada, allowing clinicians to spend more direct time on patient […]
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In vitro diagnostics leads medical device market venture financing reaching $4,305 million so far in 2022 due to COVID-19 and cancer screening testing demand, says GlobalData

The in vitro diagnostics (IVD) market venture financing reached $8,626 million in 2020 and $10,492 million in 2021. In response to the increased demand for IVDs testing for COVID-19, and more options for cancer screenings IVD venture financing has already reached $4,305 million so far in 2022 and is set to lead medical device venture […]
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Meta’s disappointing Q2 results signal urgency in boosting ad business, says GlobalData

Following the news that Meta reported its first-ever year-over-year drop in revenue; Rachel Foster Jones Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “Meta is facing the perfect storm, from slashed advertising budgets due to inflation, Apple’s crackdown on privacy, competition with TikTok, and economic uncertainty, all of which are […]
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Eutelsat-OneWeb deal could get merged firm back in commercial satellite race rivalling Starlink and Kuiper, says GlobalData

Following the news that Eutelsat and OneWeb have agreed to merge their businesses; Harry Boneham, Aerospace Analyst at GlobalData, a leading data and analytics company, offers his view: “The deal may provide a lifeline for OneWeb, which was once a leader in commercial satellite constellations. Having since been overtaken by deep-pocketed firms such as Elon […]
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Presence of Wisk at Farnborough International Airshow shows electric aircraft could revolutionize the aircraft market, says GlobalData

Located in amongst the military and commercial aircraft at Farnborough International Airshow was a potential new aircraft. The presence of the Wisk electronic vertical take-off and landing (eVTOL) aircraft shows a new front in commercial aviation and is an indicator of the changing state of the aviation industry, says GlobalData. The leading data and analytics […]
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Top 25 global tech stocks by market capitalization lost more than $3.3 trillion in Q2 2022, says GlobalData

The ongoing geopolitical situation and rising inflationary pressure continue to impact the technology sector with 24 of the top 25 technology* companies reporting a combined loss of $3.3 trillion in their market capitalization (MCap) in Q2 2022, finds GlobalData, a leading data and analytics company. Ragupathy Jayaraman, Business Fundamentals Analyst at GlobalData, comments: “Surging inflationary pressures […]
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BAE Systems gives details of the ‘Factory of the Future’ at Farnborough, aiming to deliver $11.3 billion UK investment in Tempest fighter jet, says GlobalData

BAE Systems ‘4.0 Factory of the future’ set to deliver Tempest on schedule Flying demonstrator Tempest jet ready in next 5 years 50 SMEs already involved in the project with more to follow With the unveiling of a representative fast jet fuselage at the Farnborough International Airshow 2022, BAE Systems announced its intention to develop novel […]
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