GenAI poised to enhance efficiency, patient outcomes, and personalized care GlobalData, a leading data and analytics company, asserts that the adoption of generative artificial intelligence (genAI) in the pharmaceutical and healthcare sectors holds immense potential to address challenges related to high costs and poor patient experiences, while simultaneously enhancing efficiency…
Read MoreDay: July 13, 2023
Global deal activity declined 23.7 per cent in H1 2023
M&A, private equity, and venture financing deals all experience year-on-year decline The first half of 2023 saw a significant decline in global deal activity, with a total of 28,151 deals (including mergers & acquisitions (M&A), private equity, and venture financing deals) announced, marking a 23.7 per cent decrease compared to…
Read More2022 financial applications market share
Xero leads the way as demand for cloud-based solutions surges According to the latest IDC Market Share report titled “Asia/Pacific (excluding Japan) Financial Applications Market Share, 2022,” Xero has emerged as the leader in the Asia/Pacific (APeJ) financial applications market for SMB and midmarket segments. The region witnessed a substantial…
Read MoreBrightSource uses spin-off subsidiaries to reinvent itself
Focusing on renewable energy and smart grid solutions BrightSource Energy, Inc. (BSE), a global leader in concentrated solar thermal power (CSP) technology, has announced the spin-off of its Israeli, UK, and South African subsidiaries, paving the way for the formation of New BrightSource Energy LTD (New BrightSource). Under the leadership…
Read MoreMongolia economic forum welcomes global partnerships
Unveiling new investment initiatives for sustainable growth The tenth Mongolia Economic Forum (MEF) is in full swing, attracting 2,200 global guests including business leaders, representatives from multilateral organizations, and members of the third sector. Held from July 9-10, the event aims to explore collaborative opportunities with the Mongolian Government to…
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