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After the US brought us the third industrial revolution—termed ‘The Digital Revolution’—GlobalData notes that China is now looking to lead the fourth—’The Cyber-Physical, AI-Powered Internet of Everything (AIoT) Revolution’. For want of a better name, this movement will not only see a blur of boundaries between the physical and digital worlds, but also a fragmentation […]
Fines don’t touch the sides; only legislation can curtail big tech monopolies, says GlobalData
Following today’s news that Google will pay app developers $90 million to settle the Play Store antitrust lawsuit; Sarah Coop, Analyst in the Thematic Intelligence Team at GlobalData, offers her view: “Paying these small developers* $90 million in damages is a small win, but it does nothing to address the underlying problem of app store […]
Atos needs to leverage its cybersecurity, computing and digital assets to deliver on its new strategy, says GlobalData
While Atos’s recently announced restructuring, which will see the company split into two, is much needed, the company would now benefit from better leveraging its cybersecurity portfolio, computing business, and the expertise it gained from the acquisition of Syntel, says GlobalData, a leading data and analytics company. Rena Bhattacharyya, Technology Service Director at GlobalData, comments: […]
OpenSea data breach highlights NFT security vulnerabilities, says GlobalData
Following the news that non-fungible token (NFT) marketplace OpenSea has suffered a data breach; Kaleb Ells, Analyst on the Thematic Team at GlobalData, a leading data and analytics company, offers his view: “This mass data breach highlights that OpenSea is not yet providing the security fundamentals that are essential for attracting more users. Alongside the […]
Mixed reality is a promising technology vying for VR’s crown in medical training, says GlobalData
Following the news that Cambridge medical students are using mixed reality (MR) headsets to train with holographic patients: James Spencer, Data Scientist at GlobalData, offers their view: “Virtual reality (VR) and augmented reality have long been the holy grail of communications technology, allowing us to not only see and hear our object of interest, but […]
UK car output up at last but stronger headwinds ahead, says GlobalData
Following the release of data today by the Society of Motor Manufacturers and Traders (SMMT), showing that UK car production in May grew for the first time since June 2021 in May, up 13.3%; David Leggett, Automotive Analyst at GlobalData, a leading data and analytics company, offers his view: “Although UK car output posted its first rise in 11 months in May, headwinds for the UK’s industry are gathering […]
Gut microbiome offers huge, unlocked potential for treating infectious diseases—including COVID-19, says GlobalData
Gut health is linked to diseases ranging from cancer, diabetes, and depression 43% of microbiome-targeting therapies for infectious diseases are being investigated in Clostridioides difficile infections (CDIs) Data show that viral shedding of COVID-19 in stool samples persist much longer than in respiratory samples, potentially playing a role in long COVID Rebiotix is the strongest player, and will […]
US Army Futures Command continues to deliver transformative modernization, says GlobalData
Following the news that the US Army had signed a low-rate initial production (LRIP) contract with General Dynamics Land Systems for a new ‘light tank’ platform under the Mobile Protected Firepower (MPF) program; Tristan Sauer, Land Domain Analyst at GlobalData, a leading data and analytics company, offers his view: “The US Army’s decision to proceed […]
70% of professionals’ preference for hybrid or remote working offering opportunities for Cisco and other UC&C providers, says GlobalData
A poll by GlobalData has revealed that 70% of industry professionals would prefer hybrid or remote working*. The leading data and analytics company notes that this is leading unified communication and collaborations (UC&C) providers such as Cisco to focus on hybrid working themes when it comes to new office technology. Gregg Willsky, Principal Technology Analyst […]
Financial services, power, oil & gas and pharma are top sectors discussing ESG investment in 2022, says GlobalData
According to recent analysis of investment discussions within ESG* company filings, GlobalData has found that companies within the financial services, power, oil & gas, and pharma sectors are discussing ESG investment opportunities more frequently in 2022, compared to other industries. The leading data and analytics company names Credit Suisse, NatWest Group, Enel SpA, Exxon Mobil, […]
Mexico’s general insurance industry to reach $26.1 billion by 2026 due to booming construction sector and increased health awareness, forecasts GlobalData
Mexico’s general insurance industry is expected, by GlobalData, to grow* at a compound annual growth rate (CAGR) of 7.5%, from $18.2 billion in 2021 to $26.1 billion in 2026. The leading data and analytics company notes that such growth will be driven by large infrastructure and construction projects, frequent occurrence of natural catastrophic events, and […]
180,000 bugs in every fully autonomous vehicle are like an open door to cyber criminals, says GlobalData
Many autonomous vehicles are not fully protected against cyberattacks, with GlobalData, a leading data and analytics company, estimating that there may be up to 180,000 bugs in the code operating a level 5 autonomous vehicle*— potentially leaving hackers with 15,000 security vulnerabilities to choose from. GlobalData’s latest report, ‘Cybersecurity in Automotive – Thematic Research’, stresses […]
Wimbledon ending Robinsons sponsorship deal shows a developing trend in sport sponsorship, says GlobalData
Following the news that Britvic owned Robinson’s partnership with Wimbledon has ended; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “Wimbledon already has a reputation as being one of the most selective rights holders, and the tournament is, yet again, leading the way in social responsibility. […]
Domestically produced, high-end medical devices would support India’s aim of becoming a manufacturing hub, says GlobalData
Indian government is making moves towards domestic manufacturing as reliance on foreign imports caused issues during COVID-19 pandemic India was among the top three medical devices markets in Asia-Pacific in 2021 Uttar Pradesh (UP) government’s recently announced manufacturing incentives will help the state become a preferred manufacturing destination in India Shortages of medical supplies during […]
Global deal activity further down by 9.5% in May 2022, finds GlobalData
A total of 4,763 deals* were announced globally during May 2022, according to GlobalData, which represents a decline of 9.5% over the 5,261 deals announced in April. The leading data and analytics company’s Financial Deals Database reveals that deal volume during May was also lower than the monthly average (6,159 deals) of Q1 2022. Aurojyoti […]
UK SMEs swayed by smooth bank onboarding over business support features, finds GlobalData survey
A survey by GlobalData* has revealed that, when it comes to opening a new business bank account, small and micro business owners in the UK are swayed more by a bank’s simple account opening and onboarding procedures (38%) than the schemes and packages the bank has in place to help grow SMEs** (7%). The leading […]
India’s first domestically produced HPV vaccine by SII to improve affordability for those most at need, says GlobalData
Serum Institute of India’s (SII) Cervavac—a quadrivalent human papillomavirus (qHPV) vaccine— is likely to be the first indigenous qHPV vaccine to be approved in India, according to GlobalData. The leading data and analytics company notes that this will not only make the drug more affordable to Indians, but it will significantly improve the overall penetration […]
UK government’s threats to SoftBank over Arm IPO are massively counterproductive, says GlobalData
Following the news that the UK government is considering using national security as grounds to force a London IPO for Arm; David George, Services Director in the Thematic Research Team at GlobalData, offers his view: “This smacks of utter desperation on the government’s part. It’s unclear whether the suggested use of the National Security and […]
Australia to be the fastest growing minimally invasive glaucoma surgery devices market in APAC, says GlobalData
Australia’s minimally invasive glaucoma surgery (MIGS) devices market to grow at compound annual growth rate (CAGR) of 9% between 2022 and 2030 Australia is followed by New Zealand at 5% growth and Taiwan at 4.5% growth Australia was the first country in the APAC region to approve MIGS as a standalone procedure in 2020 Competition […]
Removing the ‘File and Use’ health insurance policy that caused delays to COVID-19-related products will be a game-changer in India, says GlobalData
India’s insurance policy change from ‘File and Use’ to ‘Use and File’ will both improve choice for customers and help insurers get new products processed more quickly Older policy caused big delays in the introduction of COVID-19 insurance products General insurance industry in India will register a compound annual growth rate (CAGR) of 9.9% over […]