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Innovation Ranking
Innovation Ranking – Garmin Ltd
Garmin Ltd (Garmin) designs, develops, manufactures and markets hand-held, portable and fixed-mount global positioning system (GPS)-enabled products. The company also offers navigation, communications, and information products for the automotive/mobile, outdoor, fitness, marine, and general aviation markets. It markets products under Quickdraw, ECHOMAP, inReach, EmpirBus, Navionics, Montana, Rino, Fusion, Force, Instinct, Garmin Connect, Connect IQ and Vivofit brand names. Garmin sells GPS receivers and accessories to retail outlets, and aviation products to aviation dealers and aircraft manufacturers through a network of...
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Company Insights
NewCaixaBank SA – Digital Transformation Strategies
CaixaBank SA Digital Transformation Strategies Overview CaixaBank is exploring the use of advanced technologies such as blockchain, artificial intelligence, big data, and robotics to increase its operational flexibility and efficiency. AI, big data, cloud, and blockchain are among the key technologies under focus for the company. The annual ICT spending of CaixaBank was estimated at $1.5 billion in 2023. A major share of this spending is earmarked for acquiring software, ICT services, and network and communications from vendors. CaixaBank SA...
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Thematic Analysis
Digital Twins – Thematic Intelligence
Digital Twins Thematic Report Overview Digital twins are digital representations of physical assets, systems, people, or processes. They help in detecting, preventing, predicting, and optimizing the physical environment using artificial intelligence (AI), real-time analytics, visualization, and simulation tools. Digital twins can provide short and long-term efficiency and productivity gains by dynamically integrating data and information about an asset, part, process, or system’s lifecycle. They are a data resource that can improve asset design, understand an existing asset’s condition, verify the...
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Company Insights
Innovation and Patenting activity of Garmin Ltd Q1 2024
GlobalData, the industry analysis specialist, has released its latest company patent databook "Innovation and Patenting activity of Garmin Ltd Q1 2024". The databook highlights patenting activity of the company in terms of growth in filings and grants, regions protected, impact of various themes, sector applicability of technologies protected. It provides contextual analysis of technical peers, their strategy, dominance (Grant share) and their recent activities. This is an on-demand databook that will be delivered upon request. The report will be delivered...
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Analyst Opinions
Digitalization – MegaTrend Overview and TrendSights Analysis, 2023
Digitalization - Consumer TrendSights Report Overview Digital technologies are increasingly enhancing brand operations and providing benefits for consumers in the FMCG space. The benefits include providing increased efficiency as well as improved connectivity across all product categories. The innovations are also increasing convenience for consumers, saving them time, informing shopping choices, and enabling self-expression through social media and products that align with individual values. TrendSights Framework: Digitalization Buy the Full Report for More Insights into the Digitalization Mega-Trend Download a...
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Thematic Analysis
Wearable Tech in Medical Devices – Thematic Intelligence
Wearable Tech in Medical Devices Report Overview The wearable tech in medical devices industry is anticipated to witness remarkable growth over the next three years. Healthcare, particularly patient monitoring, remote training and support, and telehealth services, holds significant promise. Creating devices that can be used for longer, are lightweight, and have practical use cases will help companies generate demand and revenue. Additionally, the integration of artificial intelligence (AI) could usher in a new era of interactive and intelligent wearable devices,...
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Thematic Analysis
Internet of Things (IoT) – Thematic Intelligence
Internet of Things (IoT) Thematic Report Overview The IoT describes the use of connected sensors and actuators to control and monitor the environment, the things that move within it, and the people that act within it. IoT is a relatively mature market, yet significant innovationsare being madein embedding AI into IoT devices, software, and services to support automated operations and predictive maintenance. However, the combination of a fragmented security standards landscape and the weak security of many IoT devices could...
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Thematic Analysis
Internet of Things (IoT) in Travel and Tourism – Thematic Intelligence
Internet of Things (IoT) in Travel and Tourism Thematic Report Overview The Internet of Things (IoT) has strongly influenced digitalization in the travel and tourism industry. The COVID-19 pandemic brought key IoT use cases to the attention of the travel and tourism industry. The deployment of IoT is further expected to address the ESG challenges across travel and tourism sector. For instance, IoT can address ESG concerns in a host of ways from sensor-enabled smart lighting and thermostats that monitor...