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Sarath.Chandra@globaldata.com

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Potential bottlenecks in battery supply chain pose threat to EV and low carbon transition, says GlobalData

The electric vehicle (EV) revolution faces a critical challenge as the low-carbon transition hinges on sufficient battery production. Potential raw material shortages loom large, threatening to disrupt the demand-supply balance. The success of this green transition necessitates addressing these supply chain concerns to ensure a seamless and sustainable future for EVs and the broader low-carbon […]
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GlobalData emphasizes balancing innovation and accessibility in in vitro diagnostics market

In the dynamic landscape of in vitro diagnostics (IVD), transformative technologies are revolutionizing medical solutions. The market brings forth innovative answers to diverse medical conditions. However, the challenges within the IVD realm require thoughtful consideration. A crucial focus on enhancing accessibility, personalizing treatment decisions, and pioneering advancements in cancer diagnostics emerges as imperative for the […]
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Cisco’s WebexOne 2023: AI-driven hybrid work takes center stage, observes GlobalData

Artificial intelligence (AI)  was king at the recently held Cisco’s WebexOne 2023, a unique in-person and virtual hybrid event. The announcements were widespread, touching software and devices; collaboration, contact center, and CPaaS; and audio and video. Amidst the resurgence of feature competition in hybrid work platforms, Cisco stands out by integrating AI innovations seamlessly across […]
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Virtual power plants gain momentum for optimal energy management, says GlobalData

Virtual power plants (VPPs), functioning as cloud-enabled distributed energy systems, represent a pragmatic approach to innovating the energy landscape. By facilitating the seamless integration of renewable energy with advanced digital technologies, VPPs are increasingly becoming popular as an intelligent solution to the complex issues of energy management and distribution, finds GlobalData, a leading data and […]
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Diagnosed sepsis cases in China to grow at 2% CAGR through 2033, forecasts GlobalData

Sepsis represents a significant public health challenge, marked by elevated morbidity, high mortality rates, and substantial economic strain. As emerging technologies continue to evolve, there is a positive anticipation that diagnostic methods and rates for sepsis will witness significant improvement in China. Against this backdrop, China’s incidence of diagnosed sepsis cases is expected to grow […]
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Xenter new smart guidewire for TAVR procedures could replace traditional guidewires, says GlobalData

US-based Xenter has recently unveiled a new dual-sensor investigational guidewire for use during transcatheter aortic valve replacement (TAVR) procedures. The wireless product poses potential competition to traditional guidewires in the rapidly growing TAVR market, which is set to reach $18.8 billion in 2033, forecasts GlobalData, a leading data and analytics company. The dual sensor guidewire […]
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GlobalData foresees escalating telco struggles in SMB market amid volatile economic landscape

With telecoms service providers looking for growth in enterprise revenues from the small and medium-sized business (SMB) market, the combination of intense competition, the long-term impact of the 2007/08 financial crisis, and the Ukraine war are set to squeeze market opportunities in the immediate future, says GlobalData, a leading data and analytics company. Until recently, […]
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Global deal activity down by 23.8% YoY during January-October 2023, finds GlobalData

A total of 44,602 deals (mergers & acquisitions (M&A), private equity and venture financing) were announced globally during January-October 2023. This represents a year-on-year (YoY) decline of 23.8% compared to the 58,540 deals announced during the same period in 2022, according to GlobalData, a leading data and analytics company. An analysis of GlobalData’s Financial Deals […]
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AI, high-performance, and quantum technologies synergize to advance innovation, says GlobalData

The integration of high-performance computing (HPC) systems with artificial intelligence (AI) is reshaping industries, ushering in a new era of innovation. This fusion is not merely about speed but smarter, data-driven decision-making. While HPC faces challenges, including complexity and energy demands, the emergence of quantum computing is poised to offer more efficient solutions, setting the […]
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OpenAI GPT-4 Turbo sparks 70% surge in social media discussions on X, reveals GlobalData

OpenAI has unveiled an upgraded large language model for ChatGPT—”GPT-4 Turbo”—at its first-ever developer conference “DevDay” held in San Francisco on 6 November 2023. This has triggered an impressive 70% increase in discussions over the preceding week around the AI research and deployment company on social media platform “X”, reveals the Social Media Analytics Platform […]
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Penbraya approval sparks shift to pentavalent meningococcal vaccines in US market, says GlobalData

Pfizer has recently announced the FDA approval of Penbraya, the first and only pentavalent vaccine for coverage against the most common serogroups causing meningococcal disease in people aged 10 to 25 years. The pentavalent vaccine has potential to enhance the level of protection against serious and life-threatening meningococcal infections in adolescents and young adults, says […]
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