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Sarath.Chandra@globaldata.com

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AI-powered predictive maintenance game-changer for enterprises in costs savings, says GlobalData

Predictive maintenance systems powered by artificial intelligence (AI) technologies are helping enterprises to find patterns that can avoid machine failures more effectively. These systems, unlike the traditional business intelligence systems, can handle huge volumes of industrial internet of things (IIoT) data to maximize the economic benefits to enterprises, says GlobalData, a leading data analytics company. […]
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Hospital supplies market in India to witness significant growth over next few quarters, says GlobalData

Easing of lockdown measures, re-opening of outpatient services and gradual increase in the number of surgical procedures performed along with treatment of COVID-19 patients in private healthcare facilities are expected to drive the demand for hospital supplies in the coming quarters in India, says GlobalData, a leading data and analytics company. According to GlobalData’s Medical […]
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Financial aid to auto parts suppliers in South Korea key for healthy supply chain and timely recovery, says GlobalData

Following the news that South Korea will provide US$830m from state fund to support auto parts suppliers; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Auto components is the third industry to receive support from state funds after shipping and the airline industry. Companies with minimum […]
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Taiwan accelerates military modernization amid rising tension with China, says GlobalData

In response to the increasing military tensions from mainland China, Taiwan plans to raise its defense spending to US$12.4bn to modernize the capabilities of its armed forces by 2025, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘The Taiwanese Defense Market – Attractiveness, Competitive Landscape and Forecasts to 2025’, reveals that […]
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Honda’s Hynex Mobility venture with Neusoft in China will boost advancement in connected car technology, says GlobalData

Following the news that Honda Motor (China) Investment, a wholly-owned Honda subsidiary in China, and Neusoft Reach Automotive Technology (Shanghai) have established a new joint venture company Hynex Mobility Service in Dalian, northeastern Liaoning Province, to accelerate future mobility services in the world’s largest automotive market; Animesh Kumar, Director of Automotive Consulting at GlobalData, a […]
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China to lead global LNG regasification capacity additions from new-build projects with 25% share by 2024, says GlobalData

China is expected to lead with 25% capacity share in the global liquefied natural gas (LNG) regasification industry from new-build (planned and announced) projects between 2020 and 2024, says GlobalData, a leading data and analytics company. GlobalData’s report ‘Global LNG Industry Outlook to 2024 – Capacity and Capital Expenditure Outlook with Details of All Operating […]
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Payment industry in Asia remains attractive for venture capital investors amid COVID-19, finds GlobalData

Consumers across the globe are embracing digital payments more than ever during the COVID-19 pandemic. Against this backdrop, payment industry in the Asia-Pacific (APAC) region remains attractive for venture financing (VF), according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Smart Money Investing in the Financial Services Industry Q1 2020’, reveals that […]
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Generic remdesivir may put pricing pressure on Indian pharma companies, says GlobalData

Following the news that the Indian state of Maharashtra is planning to procure Gilead Sciences’ antiviral drug remdesivir from Bangladesh-based pharmaceutical giant Eskayef Pharmaceuticals; Anupama Mishra, Pharma Analyst at GlobalData, a leading data and analytics company, offers her view: “Maharashtra is the worst affected state of the COVID-19 outbreak in India. The state has reported […]
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COVID-19 will further drive robotic process automation uptake amongst enterprises in APAC, says GlobalData

Amidst the growing concerns due to the COVID-19 pandemic, enterprises are compelled to operate with limited staff, provide undisrupted services to their clients and maintain current business operations as in a normal scenario. Against this backdrop, the adoption of robotic process automation (RPA) amongst enterprises in the Asia-Pacific (APAC) region is estimated to grow further, […]
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Sapien 3 approval in China fuels growth for Edwards Lifesciences amid COVID-19 pandemic, says GlobalData

Following the news that Edwards Lifesciences has received Chinese regulatory approval for its SAPIEN 3 transcatheter heart valve for the treatment of patients suffering from severe, symptomatic aortic stenosis (AS) at high risk for or unable to undergo open-heart surgery; Ashley Young, Medical Device Analyst at GlobalData, a leading data and analytics company, offers her […]
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