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Under the Saudi Arabia Vision 2030, the country revised its renewables target to achieve 27.3 GW of renewable power capacity by 2023 and 58.7 GW by 2030. However, at its current rate of renewables development, the country is not even close to the 2023 target and even the 2030 targets look out of reach, says […]
Turkish Airlines’ Champions League sponsorship signifies airline industry recovery and crypto sponsorship fragility, says GlobalData
Following the news that Turkish Airlines is the first airline to sponsor the UEFA Champions League after Crypto.com walked away from a deal; Conrad Wiacek, Head of Sport Analysis at GlobalData, a leading data and analytics company, offers his view: “Turkish Airlines becoming the first Airline partner of the UEFA Champions League signifies a return […]
Revlon’s position as a ‘traditional laggard’ is a key reason for its tumble into bankruptcy, reveals GlobalData
Companies identified as ‘Traditional Laggards’ such as Revlon will struggle to be successful moving forward as they are not investing in disruptive themes Revlon’s cosmetics rival, L’Oréal, is identified as a disruptive leader due to its involvement with corporate venture capital (CVC) deals and for filing patents in disruptive themes, and continues to report strong […]
FDA’s approval of Omicron-specific boosters is ground-breaking news but booster uptake remains poor, says GlobalData
Following the news that the FDA has approved both the Pfizer/BioNTech and the Moderna omicron-specific booster; Emily Martyn, MPH, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “The success of the mRNA* vaccine platform cannot be understated. It has saved millions of lives during the COVID-19 pandemic and revolutionized the […]
Hybrid roles rose by 31% in Q2 2022 over Q1 2022, finds GlobalData
The number of ‘hybrid working’ positions, where employees split their time between a workplace and working from home, is on the rise, according to GlobalData. The leading data and analytics company notes that job postings featuring the key word ‘hybrid working’ increased by 31% in Q1 2022, compared to Q4 2021, while ‘remote working’ and […]
US broadens options for next-generation propulsion, says GlobalData
Following the news that the US Department of Defense has awarded a contract for engine development for the Next Generation Adaptive Propulsion (NAP) program, which is set to power the US Air Force’s (USAF) Next Generation Air Dominance (NGAD) program, to five different firms; James Marques, Associate Aerospace, Defense and Security Analyst at GlobalData, a […]
Drug developers’ recent interest in treating bronchiectasis holds potential to improve outcomes over the next decade, says GlobalData
When it comes to lung diseases, asthma, COPD*, and cystic fibrosis might come to mind. One that may be less familiar is bronchiectasis**, however, just over half a million people in the US will be living with this long-term disease by 2031, according to GlobalData. Like cystic fibrosis and asthma, there is no cure for […]
Arctic LNG 2 delays are denting TotalEnergies’ plans for a greener future, says GlobalData
Overcoming climate change is an essential part of TotalEnergies’ long-term growth strategy. The company has stated that its investment policy is designed and strategized to transform Total into a multi-disciplined energy company, which will help it achieve its net-zero target by 2050. A report by leading data and analytics company GlobalData, titled ‘Company Oil and […]
Upcoming innovative bronchiectasis drugs still won’t reduce pill burden of patients, says GlobalData
People living with the lung condition bronchiectasis can expect three new treatments to become available in the next ten years, according to GlobalData. However, the leading data and analytics company notes that, while there is great enthusiasm amid key opinion leaders (KOLs) around the new therapies’ innovative approach, patients will still have to take several […]
Data center operators, water companies, and councils all face pressure as water resources dry up, says GlobalData
Following the news that Thames Water is reviewing data centers’ water usage; David Bicknell, Principal Analyst in the Thematic Intelligence Team at GlobalData, a leading data and analytics company, offers his view: “We have reached an environmental crunch point in the resources needed to run data centers. Switching to water cooling can cut a data […]
Number of global oil and gas contracts declined in Q2 2022, says GlobalData
The overall number of contracts in the oil and gas industry fell by 16% in the second quarter of 2022, according to GlobalData. However, the leading data and analytics company notes that contract value stayed level. GlobalData’s latest report, ‘Oil and Gas Industry Contracts Analytics by Sector (Upstream, Midstream and Downstream), Region, Planned and Awarded […]
Sentiment around ‘shortages’ highest in a year, finds GlobalData
Companies worldwide are much more positive about supply chain and labor shortages in Q2 2022 than they were a year ago, according to research by GlobalData. The leading data and analytics company’s Filing Analytics database reveals that sentiment around ‘Shortages’ rose by over 7% in Q2 2022, from low (a sentiment score of 0.6) in […]
Augmented reality will be invaluable to insurers in the post-pandemic world, says GlobalData
With augmented reality (AR) set to become a $152 billion market by 2030, its use cases for the insurance sector are only growing, according to GlobalData. The leading data and analytics company notes that the technology’s demand among insurers has been catalyzed by COVID-19 and the need for remote inspections. GlobalData’s report ‘Augmented Reality (AR) […]
Risk of further energy price rises unless energy companies can address cybersecurity vulnerabilities, says GlobalData
With rising global energy prices already causing concern to struggling households, GlobalData warns that there is another risk factor that could push prices even higher: cybersecurity. The leading data and analytics company notes that many energy companies ushered in technology upgrades to their systems and processes, spurred by the COVID-19 pandemic. However, these were not necessarily adequately protected from cyberattack. Further, rising geopolitical tensions globally have increased the risk of cyberattack […]
Dial back on binge watching cat videos if you’re serious about saving the planet, says GlobalData
GlobalData has warned that mobile operators’ traditional ‘More4More’ pricing and monetization strategies, whereby they add more and more into the bundle (minutes, data, cloud storage, video streaming, TV etc), is at odds with internal sustainability principles and may need a rethink given the new level of carbon awareness among younger customers. The leading data and analytics company notes that the percentage of European mobile […]
Ukraine crisis highlights UK’s need for cheaper and faster air-defense systems production, says GlobalData
Providing Starstreak anti-aircraft missiles to Ukraine has highlighted the need for a new air defence system in the UK that is cheaper and faster to produce, according to GlobalData. The leading data and analytics company notes that the UK Ministry of Defence’s (MoD’s) recent announcement that it intends to improve its Land Ground Based Air […]
UK to provide Ukrainian Armed Forces with additional M270 MLRS platforms and equipment as British defense officials highlight the importance of Western military training
The British Ministry of Defence announced today that it would be providing the Ukrainian Armed Forces (UAF) with additional M270 Multiple-Launch Rockets Systems (MLRS) and large quantities of M31A1 multi-mode precision munitions in light of the system’s success on the battlefield, with Defence Secretary (DEFSEC) Ben Wallace stating “This latest tranche of military support will […]
Johnson & Johnson’s discontinuation of talc-based baby powder will restore trust as 79% of consumers prefer ‘natural’ and ‘free from’ formulations, says GlobalData
Following the news that Johnson & Johnson will discontinue its talc-based baby powder globally in 2023: Lia Neophytou, Senior Consumer Analyst at GlobalData, a leading data and analytics company, offers her view: “The removal of Johnson & Johnson’s talc-based baby powder is a step in the right direction for the company to restore trust among […]
Ryanair’s imminent price increase will reduce the accessibility of international travel, says GlobalData
Following the news that Michael O’Leary, the chief executive of Ryanair, has decided to increase prices to cope with rapidly rising fuel costs; Benedict Bradley, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view: “Budget airlines such as Ryanair has enabled more and more people to travel abroad. However, the rising […]
Healthcare organizations wasting as much as £62 million if they do not require tighter security measures from suppliers, says GlobalData
Following the news that healthcare IT supplier Advanced has suffered a ransomware attack; Dean Sabri, Principal Analyst for Health and Social Care at GlobalData, a leading data and analytics company, offers his view: “NHS organizations across the country have been on high alert for cyber attacks in recent years, especially since the 2017 WannaCry ransomware […]