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GlobalData
GlobalData

Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Cloud innovations drive enterprise efficiency, says GlobalData

Cloud computing is rapidly transforming how enterprises operate by optimizing performance, enhancing scalability, and ensuring sustainability. The integration of hybrid and multi-cloud environments, edge computing, and AI/ML technologies are driving enterprises toward more agile, cost-effective, and secure IT infrastructures. These emerging cloud innovations are paving the way for increased efficiency and operational excellence across sectors […]
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GlobalData outlines inflation-related concerns as discussed by companies in filing documents

Inflation rates remain a mixed bag and vary widely among different countries. Although, inflation has moderated across some markets, but it remains high for some countries, and accordingly the trend shifts towards rebalancing its impact. Companies have been vocal about their concerns related to inflation and discussing these extensively in filing documents, according to GlobalData, […]
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Mohsin Issa’s decision to retreat from ASDA’s helm a step in the right direction for the struggling grocer, says GlobalData

Following the news that ASDA co-owner Mohsin Issa will step back from his executive leadership role, and that Lord Stuart Rose will assume Mohsin’s executive responsibilities alongside Rob Hattrell, a Director on the ASDA board with experience at eBay Europe as Senior Vice President: Eleanor Simpson-Gould, Senior Retail Analyst at GlobalData, offers her view: “The […]
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Atopic Dermatitis: A hotspot for innovation and investment opportunities, says GlobalData

Atopic dermatitis (AD) is emerging as a dynamic field ripe with innovation and investment opportunities. With the market projected to reach $16.7 billion by 2030 across the seven major markets (7MM*), driven by rising prevalence and advancements in treatment, pharmaceutical companies are increasingly focusing on novel therapies. This sector promises substantial growth as new treatments […]
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Alternative payment methods surge in popularity for online purchases in Philippines, reveals GlobalData

While cash remains the preferred payment method for online purchases in the Philippines, alternative payments are increasingly being preferred. Alternative payment solutions collectively accounted for over one-third share in the overall e-commerce payments in 2023, reveals GlobalData, a leading data and analytics company. According to GlobalData’s 2023 Financial Services Consumer Survey*, 88.2% Filipino consumers reported […]
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Japan defense budget witnesses 19.3% CAGR during 2020-2024, reveals GlobalData

Despite the current economic downturn fueled by devaluating Yen, Japan’s ministry of defense requested a 17.2% increase in its 2024 defense budget, a significant portion of which is expected to be allocated for the procurement of various defense platforms, including submarines, surface vessels, and multi-role aircraft. Japan’s need to modernize its current inventory to counter […]
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Retrieval-augmented generation gaining prominence in company discussions around GenAI, finds GlobalData

Retrieval-augmented generation (RAG) is becoming a critical focus in company discussions about generative AI (GenAI), as organizations look to leverage real-time external data to contextualize and refine the accuracy of generated responses. Companies are focused on utilizing this technology to enhance user experience that allows customers to integrate the real-time proprietary data sources with general-purpose […]
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Payment cards dominate e-commerce payments in Australia, reveals GlobalData

Payment cards are the most are the preferred payment method for e-commerce purchases in Australia, collectively accounting for 50.6% share in 2023, reveals GlobalData, a leading data and analytics company. GlobalData’s E-Commerce Analytics reveals that Australian e-commerce market is estimated to register 8.3% growth in 2024 to reach AUD77.2 billion ($51.3 billion), as consumers increasingly […]
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Oracle and AWS alliance ignites cloud innovation excitement, reveals GlobalData

Oracle and Amazon Web Services (AWS) have partnered to launch Oracle Database@AWS, which brings Oracle’s Autonomous Database and Exadata Database Service to AWS’s cloud platform, at Oracle CloudWorld. This development has generated considerable discussion among the influencers on social media platform “X”, who highlight its potential to enhance cloud computing capabilities through improved performance, scalability, […]
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Walmart and Amazon reimagine retail with AI, finds GlobalData

Walmart and Amazon are leveraging artificial intelligence (AI) to push the boundaries of innovation, redefine consumer experiences and operational efficiency. While Walmart blends augmented reality and AI-powered store management to enhance in-store experiences, Amazon leads in customer personalization and autonomous systems, says GlobalData, a leading data and analytics firm. Kiran Raj, Practice Head of Disruptive […]
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Influencers opine OpenAI’s ChatGPT o1 Model as game-changer in AI reasoning and advanced intelligence, reveals GlobalData

OpenAI’s ChatGPT o1 model, known as Strawberry AI, made its debut on 12 September 2024 and has generated substantial attention among influencers on social media platform “X” due to its notable advancements in reasoning and problem-solving capabilities from its predecessors. Influencers have highlighted the o1 model’s advancements in multi-step logic, math, science, and coding. They […]
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GLP1R innovator drugs drive over $6.2 billion in licensing agreement deals in 2024YTD, reveals GlobalData

The recent success of obesity treatments, particularly Ozempic (semaglutide) and Mounjaro (tirzepatide), has driven significant interest in glucagon-like peptide-1 receptor (GLP1R) targeting drugs. These therapies have witnessed a 595% increase in licensing deal value between 2019 and 2024 year-to-date (YTD), exceeding $6.2 billion in 2024 YTD alone. Biopharmaceutical companies are now focusing on advancing these […]
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Top 20 APAC insurers face subdued premium growth amid economic and regulatory challenges in 2023, finds GlobalData

The top 20 public insurance companies in Asia-Pacific (APAC) reported  subdued premium growth in 2023 owing to broader economic and regulatory challenges such as inflationary trends, and implementation of IFRS 17. As a result, their average premium earned* grew by a paltry 1.3% while experiencing a modest 5.5% uptick in total revenue, reveals GlobalData, a […]
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GlobalData raises global economic growth projection for 2024 to 2.52%

The global economy is navigating through a complex landscape marked by persistent geopolitical tensions. Nevertheless, easing inflationary pressure, central bank rate cuts (including by the ECB), and stronger consumer spending are mitigating these issues. Against this backdrop, GlobalData, a leading data and analytics company, has revised the global economic growth forecast for 2024 to 2.52% […]
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Volvo’s revised electrification goal sparks mixed influencer opinions on electric future, reveals GlobalData

AB Volvo, part of China’s Geely Holding, has become the focal point of discussion among influencers on social media platform “X”, following its decision to revise its ambitious 2030 electrification goal. The Swedish automaker, previously committed to selling only fully electric vehicles (EV) by the end of the decade, has adjusted its target to a […]
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iPhone 16 camera and AI innovations receive thumbs up from influencers, sparks anticipation for future advancements, reveals GlobalData

Apple Inc has unveiled the highly anticipated iPhone 16 Pro and Pro Max series at the Glowtime Event 2024 on 09 September, boasting an array of advanced capabilities, including a “camera control” slider and visual AI features. The announcement has generated significant buzz among influencers on social media platform “X”, who have shared a mix […]
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