GlobalData

<!----> UBS and Rothschild & Co were the top mergers and acquisitions (M&A) financial advisers in the automotive sector during the first quarter (Q1) of 2023 by value and volume, respectively, according to the latest financial advisers league table by data and analytics company…

<!----> Model Y assembly at the Tesla plant in Berlin Global automobile companies are ramping up their investments in electric vehicle (EV) production, and as a result, social media conversations around EVs are on the rise. Over the last 12 months (April 2022 – March 2023), these…

Image Source : INDIA TV Metaverse South Korean and Chinese companies are securing metaverse hardware patents, with LG and Huawei rising in the ranks with the most Metaverse patents as the electronics industry looks beyond smartphones, the media reported. The global metaverse market is expected to reach $996 billion in 2030, registering a compound annual growth rate…

The global robotic process automation (RPA) software and services market will be worth $20.1 billion in 2030, up from $4.8 billion in 2021, a report said.Businesses in virtually every industry accelerated their automation efforts during the pandemic. As RPA is a relatively fast solution to implement, it allows enterprises to make headway on their digital transformation efforts, according to GlobalData, a leading data and analytics company."Covid-19 highlighted the necessity of coordinating automation across a business.…

More than 50% of enterprises in India have significantly increased their information and communications technology (ICT) budget this year compared to 2021, a report showed as cybersecurity becomes the key concern for firms in the country.The uptick is due to the ongoing digital initiatives by the Indian government and a surge in the use of digital technologies due to Covid-19, reveals GlobalData, a leading data and analytics company."The optimistic enterprise ICT spending outlook in India for 2022 can most likely be…

Metaverse, the new buzzword, is well on its path to find its way into business plans big and small over the next decade. A new report by data analytics firm GlobalData has recorded a 40% jump in companies using the word in quarterly filings in the March quarter. The fast-growing corporate interest could soon put us into an exciting alternate world with our favourite virtual avatars, attending music events and fashion shows, or even attending fictitious work meetings.…