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GlobalData
GlobalData

Technology

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Apple cautious AI approach hints focus on user privacy and security, says GlobalData

Apple Inc is strategically advancing its position in the artificial intelligence (AI) domain, signifying a pivotal shift in the company’s approach to integrate AI into its core operations and product ecosystem. The recent innovations and acquisitions underscore the Cupertino-based tech giant’s focus on bringing AI to its offerings while prioritizing user privacy and ethical AI, […]
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TikTok is not the problem, its privacy, says GlobalData

As the US Congress deliberates actions against TikTok, a wider discourse on data privacy and sales comes to the forefront. The discussion extends beyond TikTok’s fate, encompassing broader concerns regarding data usage and its implications. With growing scrutiny over data brokerage practices and privacy, there is a pressing need for regulatory measures to safeguard consumer […]
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Blockchain industry primed for $291 billion revenue by 2030 driven by asset tokenization, says GlobalData

The blockchain industry, although volatile and nascent, has made significant progress in a short span of time, driven by remarkable innovation. Global blockchain platform and services revenue is set to grow from $12 billion in 2023 to $291 billion in 2030.  This growth trajectory reflects a more delineated and specialized expenditure pattern, with specific areas […]
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Evolving blockchain technology can transform diverse oil and gas applications, says GlobalData

Blockchain is emerging as a technology that demands attention within the oil and gas sector. It presents novel approaches to service contracts, review pricing, and support the entirety of the transaction life cycle. It thus promises potential cost reductions and enhanced process efficiencies. Moreover, the advantages of blockchain in the oil and gas industry manifest […]
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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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Cybersecurity emerges as resilient force amid declining TMT deal activity in 2023, finds GlobalData

Despite a decline in overall deal activity within the tech, media, and telecom (TMT) sector, cybersecurity has emerged as a resilient outlier. With escalating cyber threats globally, companies are prioritizing investments in cybersecurity capabilities, leading to a surge in related M&A deals in 2023. This steadfast growth underscores the critical importance of cybersecurity amid evolving […]
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Global telcos embrace diversity, equity, and inclusivity for long-term success, reveals GlobalData

In an era where diversity, equity, and inclusivity (DEI) are increasingly recognized as essential pillars of success, the global telecommunications industry stands at the forefront of embracing these principles. As the tech sector undergoes rapid transformation and innovation, prioritizing diverse talent acquisition has become paramount for leading companies. With a focus on creating more inclusive […]
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Hyperscalers and cloud data centers tackle Scope 3 emissions amid booming power consumption worries, finds GlobalData

As hyperscalers and cloud data centers grapple with the dual challenges of reducing Scope 3 emissions and managing escalating power consumption, the technology sector finds itself at a critical juncture. With global greenhouse gas (GHG) emissions on the rise, these entities face mounting pressure to adopt sustainable practices while meeting ever-growing demand for digital services, […]
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APIs, security and 5G propel enterprises into mobile-first era, says GlobalData

Enterprises are undergoing a shift in network infrastructure as wireless technology outpaces traditional wireline solutions. With the widespread availability of 5G and new application programming interface (API) and security capabilities, businesses are embracing a mobile-first approach. This transformative journey promises to redefine corporate connectivity, offering unparalleled flexibility in an increasingly mobile-centric world, says GlobalData, a […]
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Telecom and pay-TV services revenue in New Zealand to remain stagnant with 0.7% CAGR over 2023-28, forecasts GlobalData

The total telecom and pay-TV services revenue in New Zealand is poised to register a marginal compound annual growth rate (CAGR) of 0.7% between 2023 and 2028, with continued decline in mobile voice service revenue denting the overall growth prospects, despite considerable revenue growth in mobile data and fixed broadband segments, according to GlobalData, a […]
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