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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

NVIDIA Blackwell AI chips ignite enthusiastic responses from industry influencers, finds GlobalData

NVIDIA Corp has unveiled Blackwell architecture-based artificial intelligence (AI) chips, named as the GB200 Grace Blackwell Superchip, at the GPU Technology Conference (GTC) 2024. This new generation GPU is expected to offer a profoundly more powerful and energy-efficient computing solution and is designed to enhance the real-time generative AI capabilities significantly, influencing a broad spectrum […]
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Pfizer’s Braftovi to command 42% share of BRAF inhibitors melanoma market by 2028, forecasts GlobalData

Since Roche‘s Zelboraf gained (vemurafenib) FDA approval in 2011, significant strides have been made in BRAF-targeted cancer therapies, underscoring the significance of combating BRAF mutations in melanoma. Against this backdrop, Pfizer‘s Braftovi (encorafenib) is positioned to secure a dominant 42% share of the BRAF inhibitors market for melanoma by 2028, underscoring its pivotal role in […]
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Netherlands defense expenditure to reach $31.2 billion in 2029, forecasts GlobalData

The Netherlands aims to improve military readiness and contribute more to NATO following worries about the return of high-intensity warfare in Europe and the future of transatlantic security cooperation. Faced with mounting concern regarding the stability of the rules-based international order, the Netherlands is forecasted to increase defense spending from $22.8 billion in 2024 up […]
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China assisted reproductive technology devices market to grow at 5% CAGR through 2033, forecasts GlobalData

With the growing rate of infertility in today’s world, assisted reproductive technology (ART) devices play a crucial role in addressing this issue worldwide. Factors such as delayed childbearing, lifestyle changes, environmental factors, and medical conditions contribute to the increasing need for ART interventions. Against this background, the ART devices market in China is expected to […]
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Alternative payments account for 58% of e-commerce market in India, reveals GlobalData

India’s e-commerce sector is witnessing a seismic shift with alternative payment methods commanding a staggering 58% share of the market in 2023. Mobile and digital wallets have eclipsed traditional payment modes, reflecting a paradigmatic change in consumer preferences and transactional behavior. This dominance underscores the country’s digital revolution, propelled by burgeoning internet connectivity and a […]
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Team Liquid Honda leads esports sponsorship revenue amid growing disparity with traditional sports teams, reveals GlobalData

Team Liquid, competing under Team Liquid Honda for the League of Legends division, emerged as the top earner in esports sponsorship revenue, notably securing a significant deal with Honda. However, a substantial gap persists between the sponsorship earnings of traditional sports teams and esports counterparts. Notably, the sponsorship value discrepancy between standalone esports teams and […]
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EU AI Act means global enterprises need to strengthen corporate ethical AI strategies, says GlobalData

The European Union’s groundbreaking AI Act sets a precedent in regulating artificial intelligence (AI), introducing stringent requirements for developers and deployers. With the adoption of the landmark legislation, establishing corporate ethical AI strategies becomes an urgent imperative for multinational corporations operating within the bloc., says GlobalData, a leading data and analysis company. Rena Bhattacharyya, Chief […]
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Startups revolutionize urban mobility, promising reduced carbon footprints, says GlobalData

Startups are creating a whole new story around how we move and connect in cities. These ventures, fueled by technological advancements, are redefining the boundaries of transportation, offering solutions that promise to significantly reduce carbon footprints and enhance urban connectivity, says GlobalData, a leading data and analytics company. Saurabh Daga, Associate Project Manager of Disruptive […]
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McDonald’s IT outage highlights fast food sector’s reliance on digital convenience, says GlobalData

The technology system failure at McDonald’s restaurants across Australia, China, Japan, and the UK underscores the imperative for substantial investment in digital services, on which fast food consumers heavily depend. Although McDonald’s has stated this is not related to a cybersecurity attack, many locations have closed temporarily, showing how costly these outages can be to […]
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Dhruv helicopters enhance India military capabilities, bolster tactical transport and maritime surveillance, says GlobalData

Following the news that India’s Ministry of Defence has inked two contracts with state-owned Hindustan Aeronautics Limited (HAL) for 34 advanced light helicopters (ALH) Dhruv Mk III for the Indian Army and the Coast Guard; Udayini Aakunoor, Defense Analyst at GlobalData, a leading data and analytics company, offers her view: “The contract valued at $974 […]
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Toyota dominates automotive sector in Americas region in terms of spend and deal volume, reveals GlobalData

In the competitive landscape of the automotive sector in the Americas region, Toyota emerges as a dominant force, leading in both expenditure and deal volume. With a strong presence across various sports partnerships, particularly in motorsport and American football, Toyota’s strategic alliances underscore its commitment to engaging with diverse audiences. This signifies not only substantial […]
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FDA approval for Madrigal’s Rezdiffra in metabolic dysfunction-associated steatohepatitis will set precedence for approval of future pipeline agents, says GlobalData

Following the news on 14 March 2024 that FDA has granted accelerated approval for Madrigal Pharmaceuticals’ thyroid hormone receptor (THR)-β agonist Rezdiffra (resmetirom) for the treatment of patients with metabolic dysfunction-associated steatohepatitis (MASH), also known as nonalcoholic steatohepatitis (NASH), with moderate to advanced liver fibrosis; Sravani Meka MPH, Senior Pharma Analyst at GlobalData, a leading […]
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AI revolutionizes general surgery with unprecedented precision and patient outcomes, says GlobalData

Artificial intelligence (AI) integration in general surgery has surged, promising revolutionary advancements in precision and patient outcomes. AI tools have transformed preoperative planning, intraoperative assistance, and postoperative care, enhancing diagnostic accuracy and treatment strategies. With projections indicating substantial growth in AI utilization, particularly in robotic surgical systems, surgery enters a new era of unparalleled precision […]
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Pharmaceutical companies pursuit of patient empowerment calls for enhanced effort, says GlobalData

Pharmaceutical companies are increasingly recognizing the importance of empowering patients to take charge of their health. However, there is still room for improvement in supporting patients. This underscores the need for greater efforts to meet patient needs and enhance engagement, says GlobalData, a leading data and analytics company. GlobalData’s latest survey-based* Thematic Intelligence report, “Patient […]
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