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The 3D-printing industry is at the forefront of the manufacturing effort against COVID-19, says GlobalData, a leading data and analytics company. 3D-printing companies around the world, from start-ups to industrial giants, are creating urgently-needed parts, including face masks, hands-free door openers and valves for ventilators. They are even making 3D-printed micro-homes for quarantined coronavirus patients in China. The manufacturing effort by the 3D printing industry has resulted in GlobalData awarding […]
Tech rivals collaborate on blockchain to combat COVID-19
In response to COVID-19, technology companies have ramped up collaborations on innovative technologies such as blockchain, says GlobalData, a leading data and analytics company. Charlotte Dunlap, Principal Analyst at GlobalData, comments: “The industry can no longer afford to wait several years for new market segments such as blockchain to take off.” The dire nature of […]
Consumer electronics production and shipping is vital, says GlobalData
When COVID-19 broke out in China, the country was quick to slow down its production, eventually ceasing all manufacturing as the country went into lockdown. This had a drastic effect on supply chains across the world, as many industries, including the consumer electronic sector, are heavily reliant on components that are manufactured in China and could no longer access these […]
COVID-19 has stunted chip demand
In the space of three months, the backdrop for the semiconductor sector has changed, but long-term issues remain and must be solved, says GlobalData, a leading data and analytics company. David Bicknell, Principal Analyst, Thematic Research at GlobalData, comments: “The COVID-19 pandemic will shrink worldwide end-user demand for everyday products powered by semiconductors. COVID-19’s impact also means much of the industry is […]
Artificial intelligence revenue in APAC to surpass US$29bn in 2024, says GlobalData
Governments across the Asia-Pacific (APAC) region are attempting to benefit from the wave of digital disruption by leveraging artificial intelligence (AI) capabilities. Against this backdrop, supportive government policies are expected to drive the AI platform revenues in APAC to US$29.3bn in 2024, says GlobalData, a leading data and analytics company. An analysis of GlobalData’s Market […]
COVID-19 crisis will make drones an everyday technology
The use of drones in response to COVID-19 will make technology part and parcel of today’s society, says GlobalData, a leading data and analytics company. Drones are already being used around the world as a law enforcement tool to order public back to their homes and disinfect public places. They are also starting to be […]
Slack and Zoom become essential business tools during COVID-19 crisis, says GlobalData
The unprecedented numbers of employees now working from home as a result of the COVID-19 pandemic has caused a 20 times increase in Zoom meetings since January 2020, demonstrating how collaboration software is now a crucial tool for business, says GlobalData, a leading data and analytics company. The coronavirus crisis has propelled collaboration software companies, […]
Social media attempts to tackle COVID-19 fake news on messaging platforms, says GlobalData
Amid the COVID-19 pandemic, billions of people around the world are relying on social media and messaging platforms to stay connected. Big tech has also donated millions of dollars in relief efforts and teamed up with medical organizations to disseminate accurate medical information about COVID-19. Services such as Facebook, once under fire for collecting personal […]
WeWork debacle portends a crisis for tech unicorns, says GlobalData
Last week, GlobalData predicted SoftBank would turn off WeWork’s funding. Following the announcement that WeWork is taking its biggest investor to court, after SoftBank withdrew a $3bn capital injection; Oliver Lockett, Thematic Analyst at GlobalData, a leading data and analytics company, offers his view on the company’s current challenges: “Many companies will not survive the COVID-19 shakedown. […]
Industrial automation is paying the price for failing to think big and invest bigger
The industrial automation sector was not in a great place before COVID-19 struck, having been slowed by flat capital expenditure and declining industrial production, says GlobalData, a leading data and analytics company. The virus has since closed factory after factory worldwide with workers sent home. The reality is that despite much hype over the years, advanced […]
GlobalData sees blockchain use cases emerging from communication service providers
Blockchain holds promise as an enabler for service providers for a wide range of internal and external (customer-facing) use cases, ranging from Internet of Things (IoT) and mobile device security, to payments, supply chain management, asset tracking and logistics. Retail, manufacturing and healthcare companies are the most likely industries to take advantage of these capabilities, but there are many companies that can benefit from the […]
COVID-19 could be point of no return for Big Tech’s war on misinformation, says GlobalData
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 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 […]