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Sarath.Chandra@globaldata.com

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  • Author: Sarath.Chandra@globaldata.com

Travel and tourism industry deal activity down by 36.2% YoY in January-August 2023, reveals GlobalData

The global travel and tourism industry experienced a notable decline in deal activity during January-August 2023, marking a substantial year-on-year (YoY) decrease of 36.2% compared to the same period in 2022. This decline spanned various deal types, including mergers and acquisitions (M&A), private equity, and venture financing, with economic uncertainties and geopolitical tensions playing a […]
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LMC International becomes GlobalData: Fully integrating into the GlobalData family as one brand, one platform

London, United Kingdom, 15 September 2023 – Following GlobalData’s acquisition of LMC in December 2021, we are pleased to announce that LMC International has officially rebranded as GlobalData. This transformation marks a significant milestone in GlobalData’s growth strategy and highlights our combined commitment to provide gold standard data, unparalleled expertise, and insights into the Agribusiness […]
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LMC Automotive becomes GlobalData: Fully integrating into the GlobalData family as one brand, one platform

London, United Kingdom, 15 September 2023 – Following GlobalData’s acquisition of LMC Automotive in December 2021, we are pleased to announce that LMC Automotive has officially rebranded as GlobalData. This transformation marks a significant milestone in GlobalData’s growth strategy and highlights our combined commitment to provide gold standard data, unparalleled expertise, and insights in the […]
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Delta Air Lines SkyMiles changes draw ire from influencers and passengers on social media, reveals GlobalData

Delta Air Lines Inc has recently introduced substantial revisions to its SkyMiles loyalty program. Under the new policy, elite status will be based on the amount of money spent rather than miles flown. This shift, while altering the landscape of elite benefits, has triggered discontent among numerous frequent flyers. Many have expressed their frustration and […]
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Vietnam thriving semiconductor industry fuels economic resilience amidst global challenges, reveals GlobalData

Vietnam’s semiconductor industry, bolstered by significant investments from industry giants like Samsung and Intel, and the relocation of major manufacturers from China, has partly helped the country shine amidst a global economic downturn. With a projected 5.1% growth rate in 2023, exceeding the 4.5% three-year average (2020-22), Vietnam’s economy is poised for a robust rebound. […]
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Apple’s new smartwatches underwhelm due to a lack of innovation, but environmental commitments are impressive, says GlobalData

Following Apple’s September Wonderlust event, during which the Cupertino tech giant announced the Watch Series 9 and Watch Ultra 2; Ardit Ballhysa, Technology Analyst at GlobalData, a leading data and analytics company, offers his view: “Unlike the new iPhone 15 series, which were filled with innovation, the Apple Watch Series 9 and Apple Watch Ultra […]
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GlobalData reveals how AI and 5G reshaping energy efficiency via smart switchgears in power sector

In the Industry 4.0 era, advanced AI and ML technologies have revolutionized switchgear, enabling precise predictive maintenance through real-time load and fault analysis. Smart switchgears leveraging 5G for instant data transmission are key elements in optimizing energy distribution in smart grids and microgrids, minimizing downtime and enhancing electrical infrastructure, says GlobalData, a leading data and […]
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World Sepsis Day 2023: GlobalData highlights promise of new treatments

World Sepsis Day is commemorated on the 13th of September every year to raise awareness about this life-threatening condition, resulting in at least 11 million deaths occurring globally each year. Over 7,000 facilities and organizations around the world are expected to take part in World Sepsis Day, hosting events such as provision of medical education, […]
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China public enterprises account for 47.9% of top 10 APAC cities revenue in 2022, reveals GlobalData

The aggregate revenue of the public enterprises headquartered in China among the top 10 Asia-Pacific (APAC) cities, in terms of GDP, amounted to $8.4 trillion (47.9%) in 2022, finds GlobalData, a leading data analytics and research company. An analysis of GlobalData’s Company Profiles Database reveals that five cities from China—Beijing, Shanghai, Shenzhen, Guangzhou, and Chongqing—featured […]
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Smucker $5.6 billion Hostess acquisition stirs up social media discussions and investor worries, observes GlobalData

The J.M. Smucker Company (Smucker) has signed a definitive agreement to acquire Hostess Brands, Inc. for approximately $5.6 billion. Against this backdrop, there was a spike in social media discussions around “Smucker” during the second week of September, reveals the Social Media Analytics Platform of GlobalData, a leading data and analytics company. Smitarani Tripathy, Social […]
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Generative AI brings personalization and efficiency to financial services, says GlobalData

In the evolving world of financial services, where rapid adaptation to customer needs is paramount, generative AI (genAI) is quickly becoming a game-changer. Its prowess in generating customized content and solutions is redefining how financial institutions interact with their customers and optimize their internal operations, notes GlobalData, a leading data and analytics company. Kiran Raj, […]
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India surgical sutures market set to grow to $380 million in 2030, forecasts GlobalData

Minimal access surgeries (MAS) have gained significant importance in recent times owing to reduced post-operative pain, shorter hospital stays, and quicker recovery of patients. In India where a large population seeks affordable healthcare, the success of MAS heavily relies on efficient suturing techniques that are vital to minimize complications and infections. Consequently, the domestic surgical […]
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BMS mezigdomide and iberdomide poised to transform multiple myeloma treatment landscape, predicts GlobalData

The latest results from a Phase II study highlight the potential of an all-oral combination therapy, featuring Bristol Myers Squibb’s (BMS) cereblon E3 ubiquitin ligase modulator (CELMoD) mezigdomide and dexamethasone in treating patients with triple-class-refractory multiple myeloma (MM). Consequently, the sales of mezigdomide and iberdomide are expected to increase significantly, amid the shifting dynamics within […]
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Crohn’s disease treatment market sees major shift with emergence of biosimilars and next-gen therapies, says GlobalData

There is a transformative shift taking place in the Crohn’s disease (CD) treatment market, challenging AbbVie’s Humira’s long-standing dominance. Adalimumab biosimilars are reshaping the landscape, impacting Humira and competitors like Janssen’s Stelara and Takeda’s Entyvio. With a focus on biologic-exposed CD patients, novel therapies for TNF-refractory individuals are gaining prominence. Advancements in biologics and oral […]
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Beijing, Tokyo lead top 25 global cities in aggregate revenues as public companies thrive in 2022, reveals GlobalData

A study of the public listed companies headquartered in the top 25 global cities in terms of GDP has revealed interesting facts and figures. In 2022, Beijing-based public companies accounted for 19.2%, followed by Tokyo and New York-based public firms in terms of aggregate revenue, according to GlobalData, a leading data and analytics company. The […]
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Youthful embrace of sustainable investing signals long-term ESG imperative for pension providers and wealth managers across the world, says GlobalData

In an era of evolving challenges, pension providers and wealth managers need to navigate a crucial path by upholding environmental, social, and governance (ESG) principles. The rise in younger consumers embracing sustainable investments underscores the enduring significance of ESG commitments. With climate change concerns looming and a generational wealth transfer on the horizon, adhering to […]
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