GlobalData stories
![Story image](../../../../../uploads/story/2024/06/06/preview_img-oWiVPmoKctf7YYWPyi3gIzna.webp)
Colt announces expansion strategy into six new Asian markets
Last month
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sd-wan
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network infrastructure
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hyperscale
Colt Technology Services is set to invest EUR €100 million to expand into six Asian markets, aimed at boosting digital infrastructure and cloud adoption in the APAC region.
![Story image](../../../../../uploads/story/2024/05/16/preview_img-p01gfmacHigWhK5Yq2xsitBO.webp)
UK report: alarming rise in online return fraud & abuse
Thu, 16th May 2024
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cx
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martech
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credit card fraud
UK shoppers cause rise in return fraud: 38% admit to fraudulent behaviour in the past year, reveals Loop report, putting retailers under strain.
![Story image](../../../../../uploads/story/2023/09/29/preview_GettyImages-1056806790.webp)
Rugy World Cup highlights needs for cybersecurity
Fri, 29th Sep 2023
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cybersecurity
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sports
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globaldata
Major sporting events such as the RWC are extremely vulnerable to cyber attacks, especially from bad actors with financial motives.
![Story image](../../../../../uploads/story/2021/03/11/preview_GettyImages-1098410490.webp)
Telstra switches on low band 5G network for commercial use
Thu, 11th Mar 2021
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mdm
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5g & beyond
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wireless networks
Telstra launches low band 5G network across 1200 sites, using repurposed spectrum. Aims to cover 75% of Australia by June.
![Story image](../../../../../uploads/story/2021/02/22/preview_GettyImages-1224339637.webp)
COVID-19 fuels eCommerce market in Australia
Mon, 22nd Feb 2021
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martech
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commerce systems
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globaldata
COVID-19 boosts Australian eCommerce, with sales expected to reach US$54.2bn by 2024, according to GlobalData.
![Story image](../../../../../uploads/story/2021/01/25/preview_GettyImages-933321056.webp)
Merger and acquisition activity recovers from COVID-19 setback
Thu, 28th Jan 2021
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tencent
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m&a
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globaldata
Tencent leads M&A activity in the tech, media, and telecom sector with 9 deals worth a total of $6.6bn in 2020, according to GlobalData.
![Story image](../../../../../uploads/story/2021/01/22/preview_GettyImages-1129514615.webp)
COVID-19 inspires fintech innovations worldwide
Fri, 22nd Jan 2021
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fintechs
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covid-19
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globaldata
As COVID-19 continues to create economic uncertainty, several fintechs have started to realign their growth strategies, the analysts state.
![Story image](../../../../../uploads/story/2021/01/20/preview_GettyImages-1209627596.webp)
Top 25 global tech companies hit $11.1 trillion in market cap in Q3 2020
Thu, 21st Jan 2021
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wireless networks
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personal computing devices
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cisco
$1.3 trillion was added to the top 25 global technology companies’ cumulative market capitalisation in Q3 2020 alone.
![Story image](../../../../../uploads/story/2020/12/23/preview_GettyImages-954471176.webp)
Price of Bitcoin reaches all-time high in 2020
Wed, 23rd Dec 2020
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cryptocurrency
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blockchain
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bitcoin
Bitcoin's epic bull run is backed by strong investor interest, according to new research from analyst firm GlobalData.
![Story image](../../../../../uploads/story/2020/12/03/preview_GettyImages-1201256694.webp)
GlobalData: Machine learning a hot topic amongst AI influencers
Fri, 4th Dec 2020
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data science
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ai
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ml
As well as machine learning, big data and data science emerged as the most mentioned trends among the AI influencer discussions.
![Story image](../../../../../uploads/story/2020/11/24/preview_GettyImages-1200938039.webp)
IT consulting services revenue to hit US$100bn mark by 2024
Tue, 24th Nov 2020
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financial results
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globaldata
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consultancy
APAC consulting services revenue expected to reach $100bn in the next few years, with system design and integration leading the market.
![Story image](../../../../../uploads/story/2020/11/23/preview_GettyImages-1224034094.webp)
AR and VR presents huge potential for construction industry, but businesses slow to adopt
Mon, 23rd Nov 2020
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ar, vr & metaverse
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construction
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globaldata
Despite enormous potential, construction firms are lagging in adopting AR and VR technologies due to concerns like bulky headsets and harsh jobsite conditions.
![Story image](../../../../../uploads/story/2020/11/19/preview_GettyImages-1167131951__1_.webp)
Rising threat of data breaches among enterprises drives growth in network security revenue
Thu, 19th Nov 2020
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network infrastructure
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firewalls
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network security
Asia Pacific network security revenue is estimated to reach $1.4bn in 2024, driven by a rising threat of data breaches, according to GlobalData.
![Story image](../../../../../uploads/story/2020/11/15/preview_GettyImages-1131839892.webp)
APAC network access control market growing rapidly
Mon, 16th Nov 2020
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network security
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firewalls
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breach prevention
Network access control revenue in the Asia-Pacific (APAC) region is estimated to reach US$709 million in 2024, according to GlobalData.
![Story image](../../../../../uploads/story/2020/11/12/preview_GettyImages-1182774086.webp)
Enterprise driving spend in data and content management solutions across APAC
Thu, 12th Nov 2020
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ecm
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martech
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it spending
The revenue growth is driven by the rise in enterprises' need to organise, categorise and structure content in a meaningful manner.
![Story image](../../../../../uploads/story/2020/10/09/preview_power_lines.webp)
Report: Power utilities increasingly at risk of devastating cyber-attacks
Fri, 9th Oct 2020
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iot
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cybersecurity
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cybersafety
Power utility sector faces increasing cyber-attack risk due to remote systems and understaffed facilities, says GlobalData.
![Story image](../../../../../uploads/story/2020/10/06/preview_GettyImages-1182774086.webp)
Singapore's Government invests heavily in ICT market following COVID-19
Tue, 6th Oct 2020
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iaas
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singapore
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digitisation
Singapore to invest in ICT market recovery after COVID-19, with enterprise market value forecasted to grow by 3% in 2021, says GlobalData.
![Story image](../../../../../uploads/story/2020/09/30/preview_GettyImages-1197646065.webp)
IaaS revenue to reach $39 billion across APAC
Wed, 30th Sep 2020
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iaas
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cloud data center
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globaldata
Asia Pacific IaaS revenue is set to grow by 11.2% from 2019-2024, reaching $39.3bn, driven by government initiatives and server virtualisation, says GlobalData.
![Story image](../../../../../uploads/story/2020/09/25/preview_globaldata.webp)
IBM, Alphabet and well-funded startups in the race for quantum supremacy
Fri, 25th Sep 2020
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quantum computing
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ibm
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alibaba
Companies are racing to achieve 'quantum supremacy' WHERE id = with IBM and Alphabet among those leading the charge, according to research from GlobalData.
![Story image](../../../../../uploads/story/2020/09/22/preview_GettyImages-1190948771.webp)
China to hit US$63.7bn in cloud computing revenue by 2024, dominating APAC market
Tue, 22nd Sep 2020
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financial results
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globaldata
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cloud services
China to dominate APAC cloud computing market, capturing one-third of revenue by 2024, driven by government initiatives and demand from enterprises.