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Coronavirus (Covid-19) has created many operational issues for businesses across the Asia-Pacific (APAC) region. While many B2C businesses across sectors such as retail, tourism, and transportation are struggling to stay afloat, they cannot ignore their customers during the crisis. Against this backdrop, the pandemic has underscored the need for contact center resiliency to be part […]
Curadev and Bayer agreement shows switch in gears towards STING antagonists, says GlobalData
India-based Curadev’s licensing agreement with Bayer in March 2020 for the discovery and development of novel stimulator of interferon genes (STING) antagonists across indications with high unmet need signifies the importance of the STING mechanism for research by top pharma companies, says GlobalData, a leading data and analytics company. As part of the collaboration, Bayer […]
Orange Business Services shares top spot with NTT in APAC telecom cloud market, says GlobalData
Orange Business Services (OBS) has joined NTT Ltd as the co-leaders in the Asian telecom cloud market driven by its strong professional service capabilities combined with the continuous enhancements of its cloud portfolio and wide partner ecosystem, says GlobalData, a leading data and analytics company. According to GlobalData’s recent report, ‘Telco Cloud Services (Asia) Competitive […]
Cash transactions to decline further in Japan amid Covid-19 pandemic, says GlobalData
The share of cash in the overall payment transaction volume in Japan is set to decrease over the next five years, as users are increasingly considering currency notes to have the potential to transfer the deadly coronavirus (Covid-19) infection, according to GlobalData, a leading data and analytics company. Subsequently, the pandemic is expected to push […]
Government initiatives minimize Indian pharma industry manufacturing and supply chain disruptions amid Covid-19 crisis, says GlobalData
India’s coronavirus (Covid-19) lockdown has impacted the manufacturing and supply chain operations of pharmaceuticals despite pharmaceutical manufacturing being considered an essential service and excluded from the lockdown. However, government initiatives have helped to minimize disruptions to pharmaceutical manufacturing and the supply chain, says GlobalData, a leading data and analytics company. The issues faced by the […]
Asia-Pacific witnesses decline in deal activity during the week ended 12 April 2020, finds GlobalData
A total of 278 deals were announced in the Asia-Pacific (APAC) region during the week ended 12 April 2020, a decrease of 17.5% compared to 337 deals announced during the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s deals database reveals that the deal volume also remained below […]
Covid-19 likely to push Indonesia’s automotive total industry volume in 2020 to 2008 levels, says GlobalData
Following the news that the Indonesian Automotive Industry Association (GAIKINDO) revised 2020 vehicle sales projection to 600,000 units; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Indonesia is among the worst hit countries in Asia, having highest mortality rate in the region due to Covid-19. The […]
GlobalData reveals top 10 global M&A legal advisers in Asia-Pacific during coronavirus-hit Q1 2020
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top 10 legal advisers in Asia-Pacific by value and volume for the coronavirus-hit first quarter (Q1) of 2020, which witnessed subdued deal activity in the region. Linklaters leads by value Linklaters has dominated the M&A legal advisers league table based on deal […]
Artificial intelligence revenue in APAC to surpass US$29bn in 2024, says GlobalData
Governments across the Asia-Pacific (APAC) region are attempting to benefit from the wave of digital disruption by leveraging artificial intelligence (AI) capabilities. Against this backdrop, supportive government policies are expected to drive the AI platform revenues in APAC to US$29.3bn in 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market […]
Novartis digital initiatives to create awareness of heart failure can positively impact patients’ lives in India, says GlobalData
Novartis has taken a lead in actively promoting heart failure awareness across India through unbranded digital initiatives that can successfully deliver message to a large population at risk, says GlobalData, a leading data and analytics company. According to GlobalData’s Pharma Intelligence Center, the diagnosed prevalence of congestive heart failure in India is currently around 9.61 […]
American Airlines most mentioned airline company on Twitter during Q1 2020, finds GlobalData
There is a 45% quarter-on-quarter (QoQ) growth in airline related conversations among the leading aviation influencers on Twitter in during the first quarter (Q1) of 2020 after several airline companies suspended their operations across to globe due to the coronavirus (Covid-19) outbreak, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s […]
Covid-19 compelled auto dealers in India to explore digital sales, says GlobalData
Following the news that Hyundai Motor India has expanded the coverage of its recently introduced online sales platform ‘Click to Buy’ to pan-India level; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Coronavirus (Covid-19) has significantly impacted auto sales volumes in India. The dealerships witnessed significant […]
GlobalData reveals top 10 M&A financial advisers in Asia-Pacific during coronavirus-hit Q1 2020
GlobalData has revealed the latest mergers and acquisitions (M&A) league table of the top 10 financial advisers in Asia-Pacific by value and volume for the coronavirus-hit first quarter (Q1) of 2020, which witnessed subdued deal activity in the region. JP Morgan leads by both value and volume JP Morgan has dominated the M&A financial advisers […]
GlobalData estimates new light vehicle sales in India to decline by 10.8% in CY2020
Following the news that the Society of Indian Automobile Manufacturers (SIAM) has revised domestic vehicles sales projection for FY2021; Animesh Kumar, Director of Automotive Consulting at GlobalData, a leading research and consulting company, offers his view: “Coronavirus (Covid-19) has significantly impacted the Indian automotive industry, which was already reeling under the slowdown in sales volumes. […]
3D printing moving into mainstream manufacturing, says GlobalData
3D printing technology is slowly cementing its role as a key part of the manufacturing mix, continuing its journey towards industry 4.0. It has already lowered the barriers to entry for manufacturing, allowing enterprises across many industries to respond to customer demands while offering greater customization of products and speed to market, says GlobalData, a […]
Australia’s commitment to invest in vibrant clinical trial ecosystem will benefit medical device industry, says GlobalData
Australia is dedicating more government funding towards the establishment of a vibrant clinical trial ecosystem in order to accelerate the design, development, verification and product launch processes of medical devices, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Medical Intelligence Center reveals that the Australia’s clinical trials sector is large and […]
Philippines defense expenditure to increase at CAGR of 9.41% between 2021 and 2025, says GlobalData
In response to internal weaknesses and regional strategic challenges, the Philippines plans to modernize its air force and naval capabilities. Against this backdrop, the defense expenditure of the country is expected to increase at a compound annual growth rate (CAGR) of 9.41% between 2021 and 2025, says GlobalData, a leading data and analytics company. GlobalData’s […]
Singapore increasingly going digital amid Covid-19 outbreak, says GlobalData
The push for digital payments and the fear of coronavirus (Covid-19) spread through the handling of cash are driving the adoption of electronic payments in Singapore, says GlobalData, a leading data and analytics company. Supported by various government measures to promote electronic payments and robust payments infrastructure, the country will continue to make steady progress […]
AgVa Healthcare best placed to capitalize on growing demand for ventilators in India, says GlobalData
As the number of coronavirus (Covid-19) cases continue to increase in India, AgVa Healthcare with its cost-effective portable ventilator is best placed to capitalize on the growing demand for ventilators across the country, says GlobalData, a leading data and analytics company. GlobalData’s report, ‘India Respiratory Devices Market Outlook to 2025’, reveals that the ventilator market […]
Deal activity rebounds in Asia-Pacific during week ended 5 April 2020, finds GlobalData
The number of deals announced in the Asia-Pacific region increased by 56.7% during the week ended 5 April 2020 compared to the previous week, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals Database reveals that the growth in the announcement of deals, after registering few weeks of decline, […]