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Following the news that Facebook’s WhatsApp is imposing new limits on message forwarding to tackle the dissemination of fake news; Laura Petrone, Senior Analyst at GlobalData, a leading data and analytics company, offers her view: “Big Tech’s more active role in policing misinformation during the COVID-19 pandemic demonstrates that these companies are taking greater responsibility […]
Global coronavirus crisis is forcing retailers to rethink their digital strategy
Following the news from the British Chambers of Commerce (BCC) that six in ten UK firms have no more than three months of cash left; Luke Gowland, Thematic Analyst atGlobalData, a leading data and analytics company, offers his view: “The impact of COVID-19 will be felt for several months, and retailers are in a state […]
GlobalData highlights intelligent process automation’s key role in DevOps’ success
Prompted by ongoing complexities around application modernization architectures, enterprise operations teams, business users and developers are discovering a new breed of highly automated platforms which drive iteration and innovation among microservices teams in support of a robust delivery pipeline, says GlobalData, a leading data and analytics company. Intelligent process automation (IPA) is the natural evolution […]
Coronavirus is prompting suppliers of all shapes and sizes to adapt and support the healthcare system
Thus far, the novel coronavirus (COVID-19) pandemic has surpassed 860,000 confirmed cases globally and while the economic impact is weighing heavily across sectors, organizations are exploring creative ways of how to combat the outbreak. The responses are not only fighting COVID-19, supporting the general public and propping up the healthcare system, but they are also positioning suppliers favorably for the aftermath, says GlobalData, a leading data and analytics company. Organizations across various industries worldwide are pivoting in response to both the clinical and socio-economic effects of COVID-19 to help their local communities. For example, retailers are finding ways of dealing with high demand, […]
Top five VC-funded tech companies in North America raised US$4.4bn in 2019, finds GlobalData
The top five venture capital (VC) funded companies in the emerging tech space of North America were headquartered in the US in 2019. These companies collectively raised US$4.4bn, according to GlobalData, a leading and data analytics company. Aurojyoti Bose, Lead Analyst at GlobalData, comments: “Riding on the back of tech innovation, these companies are changing […]
Collaboration software Slack one of the leading tools to help businesses survive coronavirus
The Slack collaboration tool will play a key role for businesses in successfully negotiating the impact of the coronavirus (COVID-19), according to GlobalData, a leading data and analytics company. Slack has gained a leading position in the Coronavirus theme, according to the latest Thematic Scorecard for the application software sector. The collaboration software vendor gained the highest Thematic score (5 out of 5) for the Coronavirus theme. A Thematic score of 5 out of 5 indicates that the company’s competitive position in this theme will significantly improve its future performance. Slack recently overhauled its platform with a redesign intended to offer a much cleaner navigation experience of the app’s […]
Coronavirus puts office sharing in trouble as home working is here to stay
Following the news that WeWork is struggling to secure a vital cash injection hit by falling demand from tenants amid the coronavirus (COVID-19) crisis; Laura Petrone, Senior Analyst at GlobalData, a leading data and analytics company, offers her view on the impact of COVID-19 on the shared workspace industry: “In the short term, there will […]
Deep learning to be key driver for expansion and adoption of AI in Asia-Pacific, says GlobalData
Deep learning, a subset of machine learning and artificial intelligence (AI), is predicted to provide formidable momentum for the adoption and growth of artificial intelligence in the Asia-Pacific (APAC) region. The next few years will see deep learning become part of main-stream deployments, bringing commendable changes to businesses in the region, says GlobalData, a leading […]
Coronavirus creates positive outlook for some ecommerce companies, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more, and many companies will not survive this initial phase. However, COVID-19 will have a long-term positive effect on the ecommerce sector, with even skeptical consumers forced to abandon physical stores in response to restrictions […]
Positive impact of COVID-19 on gaming software sector will be short-lived, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. With instructions to stay indoors, gamers are turning to their consoles. However, the effect may be short-lived, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends 2020’, to […]
Current supply chain problems will not halt longer-term investment in IT infrastructure equipment, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. COVID-19 is a major factor behind cutbacks in spending on non-critical maintenance and construction projects at the world’s data centers, but it will not affect long-term infrastructure equipment spending, says GlobalData, a leading data and analytics company. GlobalData […]
Coronavirus may expose the cloud’s limits, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. The scale of the crisis has taken everyone by surprise and the economic fallout will have major implications for enterprise consumption of IT and cloud computing resources, says GlobalData, a leading data and analytics company. GlobalData published a […]
Component makers’ recovery from coronavirus is some way off, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world’s economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Before COVID-19 hit, component makers were already suffering from waning global […]
Coronavirus will have significant negative consequences for application software vendors, says GlobalData
The coronavirus (COVID-19) will put incredible strain on the world’s economy, which will be effectively halted for three months or more. The application software market will be at the mercy of the global economy. If China is a bellwether for the rest of the world, then economies will significantly slow for a quarter before a […]
COVID-19 will focus organizations’ minds on the need to automate faster
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. Even before COVID-19 struck, the industrial automation sector exhibited a flat picture in need of new thinking and inspired investment, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends 2020’ to reflect the impact of COVID-19 on 17 separate TMT sectors. Its analysis provides insight into the impact of COVID-19 on leading companies. This report analyses the impact […]
Telecom equipment companies must minimize risks to the supply chain
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media & Telecom Trends […]
COVID-19 forces advertisers to focus on the digital economy
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, ‘Tech, Media […]
COVID-19 leaves consumer electronics at the mercy of supply chains and dampened demand
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020. It will put incredible strain on the world economy, which will be effectively halted for three months or more. Many companies will not survive this initial phase. Almost all others will suffer significant drop in revenues, says GlobalData, a leading data and analytics company. GlobalData published a fully revised report, […]
Coronavirus offers telcos’ time to shine, but represents significant operational challenges, says GlobalData
The coronavirus (COVID-19) is by far the most significant theme to affect the technology industry in 2020, however, the telecom sector is reasonably insulated from the crisis as reliable connectivity becomes the critical commodity for home-working, home-schooling and local and national crisis management systems. As standard regulation and business practices give way to national emergency […]
COVID-19 will put 2020 semiconductor sector recovery at risk but is no game-changer, says GlobalData
The semiconductor sector spent most of 2019 coming to terms with the uncertainty of a US-China trade war. It will now spend the rest of 2020 reasoning what the fallout from the coronavirus (COVID-19) means for global economic growth and subsequent demand for the semiconductors that power products such as smartphones and laptops. Even at […]