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Following the news that the UK’s sixth Carbon Budget will set in law new targets to cut emissions 78% by 2035, compared to 1990 levels, and incorporate the UK’s share of international aviation and shipping emissions; The Thematic Team at GlobalData gives their view on the situation: Luke Gowland, Thematic Analyst at GlobalData, a leading […]
Food delivery companies are using data and AI as their competitive advantage to break into the food production market, says GlobalData
The challenges for foodservice operators brought about by online food delivery and takeaway meals have only intensified since the pandemic began. Aggregators are capitalizing on the disruption to drive revenue, with AI technologies a key element of their success. AI is essential for these companies because it allows them to make the most of the […]
AI to give sports teams essential competitive edge by boosting team efficiency on the field, says GlobalData
AI is the key to getting the most out of the sport industry’s vast stores of data and will allow teams to produce tangible insights, according to GlobalData. The leading data and analytics company notes that data science assisted by machine learning and AI-enabled Internet of Things (IoT) devices are the future of maximizing performance […]
Post strong performance in 2020, Grab eyes successful US listing, says GlobalData Thematic Research
Singapore-based ride hailing giant Grab has announced a Nasdaq listing via a merger with California-based special-purpose acquisition company (SPAC) Altimeter Growth Corp. The company will be valued at close to $40bn, making it the highest valued SPAC deal to date. E-commerce was the most successful theme among the technology, media and telecom (TMT) initial public […]
Microsoft’s purchase of Nuance Communications will strengthen its enterprise strategy, says GlobalData
Following the news that Microsoft has acquired conversational platforms specialist Nuance Communications; David Bicknell, Principal Analyst, Thematic Research at GlobalData, a leading data and analytics company, offers his view: “Conversational platforms is one of the most commonly used artificial intelligence (AI) technologies and one of the most significant themes expected to have a massive impact […]
Deliveroo’s share drop highlights the critical importance of ESG issues, says GlobalData
Following the news that Deliveroo’s shares have dropped over worker pay ahead of IPO; Laura Petrone, Senior Thematic Research Analyst at GlobalData, a leading data and analytics company, offers her view: “Investors are no longer just looking at the books when deciding where to put their money. Environmental, social and governance (ESG) issues are now […]
E-commerce offers Didi Chuxing best opportunity for successful US IPO, says GlobalData Thematic Research
Didi Chuxing Technology Co. is exploring a US listing via a special-purpose acquisition company (SPAC). Against this backdrop, e-commerce was the most successful theme among the technology, media and telecom (TMT) initial public offerings (IPOs) between 2018 and 2020 and offers a positive outlook for the China-based ride-hailing giant’s IPO, says GlobalData, a leading data […]
Apple the top acquirer of AI companies while other US tech giants also among the forerunners, says GlobalData
US tech giants are leading the AI companies acquisition race Four FAAMG companies feature in the list of top five acquirers of AI companies, with Apple leading the race Accenture the only non-US company to make its way to the list of top five acquirers The mergers and acquisition (M&A) deal-making landscape of the 2016-2020 […]
Asian countries to recover faster from COVID-19 than their Western peers, says GlobalData
All the major economies except China plunged into recession in 2020 due to the outbreak and impact of COVID-19 pandemic. However, with supportive measures from the governments and with the distribution of vaccines gathering pace lately, all countries are expected to recover in 2021 with Asia leading this recoup race, says GlobalData, a leading data […]
Green competition is critical to reaching the UK’s net-zero emissions by 2050 target, says GlobalData
Following today’s news (17 March) that the UK government wants to be the first major economy to have its own low-carbon industrial sector to help meet its climate targets; Commenting on that the decarbonization fund will include projects such as hydrogen gas, Sneha Susan Elias, Power Analyst at GlobalData, comments: “Hydrogen will play a crucial […]
Smart clothing will become mainstream by 2030, says GlobalData
Garments and footwear with integrated sensors that transmit biometric information and other datasets will reach new heights of popularity by 2030 and is set to be worth over $4bn, according to GlobalData, a leading data and analytics company. Smart clothing is currently largely targeted at people interested in health and fitness, however, the sports, healthcare […]
Flipkart explores US listing to strengthen position in Indian e-commerce market, says GlobalData
India-based Flipkart has benefited from the e-commerce surge during the COVID-19 pandemic and is now exploring going public in the US through a merger with a special-purpose acquisition company (SPAC). Unlike a traditional IPO process this approach is less intrusive with fewer disclosure requirements and as the competition intensifies in the Indian e-commerce market, it […]
Data centers become a vital fifth utility amid COVID-19 with market growth estimates rise to $948bn by 2030, says GlobalData
The COVID-19 pandemic has highlighted the vital importance of data centers and turned them into a fifth utility that is as critical as water, electricity, gas and telecoms, says GlobalData, a leading data and analytics company. Businesses are increasingly reliant on data centers to provide cloud services, which will drive a significant market expansion over […]
UK budget to spur green competition and positive feedback loop for sustainable operations, says GlobalData
Following today’s news (3 March) that the UK Government plans to issue green bonds and create a retail saving program, and found a UK infrastructure bank in Leeds to invest in the green industrial revolution, with an initial £12bn capitalisation and £40bn investment as part of its 2021 budget. Alice Cordo Gallucci, Thematic Analyst at […]
The battle over digital monopolies is just getting started, says GlobalData
The case for new regulation around the monopolization of user data by big tech companies has never been stronger. While regulators have attempted to take on big tech before, the current rules mean we can only catch companies in the act, and it is imperative that new ex ante (‘before the event’) regulation and approaches […]
Cloud gaming to fundamentally disrupt the distribution, consumption and monetization of games, says GlobalData
Even though cloud gaming only represented 1% of video games industry revenue in 2020, the technology is expected to fundamentally change the space over the next ten years growing at a compound annual growth rate of 40% to 2030. In a recent GlobalData webinar, ‘Cloud Gaming: Fundamentally Changing the Video Games Industry’, Associate Project Manager […]
Institutional adoption of bitcoin may prop up its price and see currency used as digital gold, says GlobalData
Following moves by firms such as Tesla, Visa and Mastercard to incorporate bitcoin into their payments infrastructure, institutional banks appear to be getting in on the bitcoin act, according GlobalData, a leading data and analytics company. This marks the beginning of a new era for bitcoin – a distinct shift away from a cryptocurrency driven […]
Disney Parks’ poor Q1 results will be short-term and salvaged by pent-up demand, says GlobalData
Following the announcement by The Walt Disney Company noting an unsurprising 53% revenue decline for its Parks, Experiences and Products segment; Rheanna Norris, Travel & Tourism Analyst at GlobalData, a leading data and analytics company, offers her view: “High post-pandemic travel demand will allow Disney to easily return its parks, experiences and products to profit […]
Electronic Arts’ acquisition of Glu Mobile highlights importance of mobile gaming, says GlobalData
Following the news that Electronic Art (EA) has acquired Glu Mobile; Rupantar Guha, Associate Project Manager for Thematic Research at GlobalData, a leading data and analytics company, offers his view: “EA’s acquisition of Glu Mobile is further proof of the growing importance of mobile gaming to leading game publishers. In fact, mobile gaming is the […]
Tesla will prove to be bitcoin’s great experiment, says GlobalData
Following today’s news (8 February 2021) that Tesla has purchased $1.5bn worth of bitcoin and will become the first major carmaker to accept the cryptocurrency as a form of payment; Danyaal Rashid, Head of Thematic Research at GlobalData, offers his view: “This is a massive move by Tesla. By accepting bitcoin as a form of […]