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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 […]
Germans return to international travel: pre-pandemic levels reached by 2024 as 117.9 million will take to the skies, according to GlobalData
German holiday makers are set to be back in full swing by 2024, according to GlobalData, which expects the country’s outbound travel to recover to 117.9 million tourists, surpassing 2019’s 116.1 million despite economic decline in Europe. The leading data and analytics company notes that budget-friendly travel, visits to friends and family, and non-city locations—especially […]
Coherus’ Cimerli to Fuel Competition in Anti-VEGF Biosimilar Market Within DME Space, says GlobalData
On August 2, the Food and Drug Administration (FDA) announced the approval of Coherus’ Cimerli (ranibizumab-eqrn; FYB201), which demonstrated efficacy and safety results parallel to its reference product, Roche’s Lucentis (ranibizumab). This approval is of paramount interest as Cimerli is the first anti-VEGF biosimilar in the Diabetic Macular Edema (DME) space to gain a 12-month […]
Advancements in GA pipeline bring first wave of therapies closer to patients, says GlobalData
Following the results from Apellis Pharmaceuticals’ Phase III ‘DERBY and OAKS’ study of APL-2 and the post hoc analysis from IVERIC BIO’s Phase III GATHER 1 clinical trial for Zimura, which provided a positive outlook for geographic atrophy (GA) patients by demonstrating clinically significant reduction in lesion growth, leading data and analytics company GlobalData highlights […]
Mobile operators failing to come up with a strong marketing story for standalone 5G, says GlobalData
It is unlikely that many people have yet heard of the first major update to 5G, called Standalone 5G, which is an increasingly common component of all carriers’ 5G networks. However, this is no surprise, as a study by leading data and analytics company GlobalData reveals that operators don’t seem to know how to market […]
Amazon’s job postings indicate expansion plans across the UK with new merchants, stores, Amazon Fresh and other core areas in 2022, finds GlobalData
Amazon posted around 3,700 jobs in the UK between January 2022 and June 2022, according to leading data and analytics company GlobalData. Based on research using GlobalData’s Job Analytics database, Amazon has been expanding and building its business across Europe in H1 2022. The retail giant is focused on business development and expansion across Europe with initiatives […]
Revolutionary ultrasound tech could be a game changer for the new world of remote patient monitoring, says GlobalData
Following the announcement of MIT’s new study on a newly developed sticker-based tool for continuous ultrasound imaging; James Spencer, Data Scientist at GlobalData, a leading data and analytics company, offers their view: “Ultrasounds are a huge milestone for a mother-to-be. It is a health check-up, but most importantly a first chance to see the child […]
Global inflation forecast to rise to 7.5% by the end of 2022, driven by food, fuel, energy, and supply chain disruption, observes GlobalData
GlobalData has raised its global inflation rate forecast for the end of 2022 by 2.7 percentage points, reaching 7.5%*. The leading data and analytics company says the decision was driven by the cost-of-living crisis, soaring fuel and energy costs, and the global supply chain disruption caused by the Russia-Ukraine war. The original forecast, made in […]
Frasers Group acquisition will drive scalability of I Saw It First’s proposition, says GlobalData
Following the news that Frasers Group has acquired I Saw It First; Pippa Stephens, Apparel Analyst at GlobalData, a leading data and analytics company, offers her view: “Frasers Group’s acquisition of I Saw It First will give the online pureplay scope to expand its presence within the apparel market. While it is currently a relatively […]
Cloud acquisitions drive M&A deal activity in TMT sector in Q2 2022 as deal value rises by 15%, says GlobalData
Amid rising competitive pressures and economic uncertainty, companies are turning towards cloud technology to stay ahead, according to GlobalData. The leading data and analytics company notes that the cloud market will see the most deal activity out of all tracked themes in 2022 and beyond. GlobalData’s Thematic Research team analyses the most disruptive themes—from ‘Artificial […]
Virgin Media O2 Business presents strong competition against BT and Vodafone in UK enterprise telecoms market, says GlobalData
Virgin Media and O2’s joint venture (JV) Virgin Media O2 Business has had a strong start, according to GlobalData, which notes that the JV presents greater competition against BT and Vodafone in the enterprise market. The leading data and analytics company explains that telecoms JVs are typically difficult to deliver, but propositions from the new […]
South Korea to eventually join Chip 4 alliance as sales in China expected to diminish, says GlobalData
Following the news that China is concerned at the prospect of South Korea joining a US-led chip alliance; Josep Bori, Research Director in the Thematic team at GlobalData, a leading data and analytics company, offers his view: “South Korea is in a tough position, as it will want to balance its exposure to the Chinese […]
DevSecOps is the most transformative digitization challenge yet for operations teams, says GlobalData
Enterprises face their most transformative challenge to date: implementing a DevSecOps methodology. However, technical and cultural barriers continue to block the path to unify developer and IT ops teams. A recent peak in high-profile cybersecurity threats (including Log4j) and increased use of unmanaged APIs vulnerable to exploits are pressing companies to solve this dilemma. As […]
UK ‘pro-innovation’ draft AI guidelines suggest no real pressure on big tech, says GlobalData
The UK government’s latest draft guidelines for regulating artificial intelligence (AI) are too vague and simply seek to appease big tech, according to GlobalData. The leading data and analytics company notes that the proposal to be “proportionate and adaptable” and that regulators should “consider lighter touch options” suggests there will be no real pressure on […]
Russia’s ISS withdrawal will exacerbate space economy’s geopolitical fault lines, says GlobalData
Following the news that Russia will withdraw from the International Space Station (ISS) after 2024 and construct its own orbital outpost; Francesca Gregory, Thematic Analyst at GlobalData, a leading data and analytics company, offers her view: “The launch of the ISS in 1998 ushered in a new era of international cooperation in space. The space-race […]
Companies posted fewer jobs in June than they closed amid layoff concerns, says GlobalData
The number of active jobs, defined as jobs that are available for application on an employer’s career page, continued on a downtrend in June 2022, according to research by GlobalData. The leading data and analytics company notes that active job figures fell across the US, China, Brazil, Canada, Germany, and India in June verses May […]
UK venture capital deal value up over 20% in first half of 2022 verses 2021 propelled by strong activity in June, says GlobalData
Research by GlobalData has revealed that venture capital (VC) funding deal value has increased to $16.5 billion in the first half (H1) of 2022, which represents an impressive 21.5% rise verses H1 2021. The leading data and analytics company notes that this was supported by improved VC deal activity in June. The research, which was […]
Nord Stream re-opening not enough to dissuade investment in non-Russia assets, with Permian Basin a good candidate for investment, says GlobalData
Following the news that Russia has re-opened its Nord Stream Pipeline, but only at 40%; Bhargavi Gandham, Oil & Gas Analyst at GlobalData, a leading data and analytics company, comments: “Despite the Nord Stream Pipeline’s re-opening, the 40% capacity limitations are still not enough to support Europe’s needs, and oil and gas companies are still […]
Twitter suffers disappointing results as company faces multiple headwinds, says GlobalData
Following the news that Twitter reported a 1% decline in revenue despite increasing the number of users on its platfrom by 8.8 million, Rachel Foster Jones Thematic Technology Analyst at GlobalData a leading data and analytics company offers her view: “Twitter is facing multiple headwinds from reduced ad revenue, changes to Apple’s privacy settings, some […]
Darrois Villey Maillot Brochier Avocats and CMS were the top M&A legal advisers by value and volume in Europe for H1 2022, finds GlobalData
Research using GlobalData’s Financial Deals Database has revealed that Darrois Villey Maillot Brochier Avocats was the top merger and acquisition (M&A) legal adviser in Europe for H1 2022 by deal value, while CMS occupied the top position by volume of deals. The leading data and analytics company highlights that Darrois Villey Maillot Brochier Avocats advised […]