Market research by Technavio has predicted that the global hair care market will grow at an annual rate of 3 per cent (Compound Annual Growth Rate) between now and 2019 to exceed USD 91 billion. The trend for male grooming and the growing number of fashion-conscious consumers were cited as the principal reasons behind the…
The global travel technology sector is estimated to grow by 14.2% to $12.21 billion in revenues until 2019 A major study led by Technavio Research, based on the revenues of major providers like Amadeus, Sabre, Travelport and Navitaire, predicts that the worldwide travel industry will experience a considerable boost in the next four years. A…
According to Technavio’s report, many organizations may address the shortage of strong Hadoop professionals by adopting Software-as-a-Service (SaaS) Hadoop solutions, which keep them from having to deploy and manage complex instances of Hadoop. There are actually a few ways to take advantage of a fully featured Hadoop environment without a lot of deployment headaches, and…
Technavio’s market research analysts predict the global Hadoop market to grow at a CAGR of more than 53% over the next four years. The researchers have cited several factors such as data explosion in enterprises and demand for cost-effective solutions to meet big data analytics needs contributing to the growth of this market. “The market…
Collaborative robots (also called co-bots) are robots designed to assist humans in the performance of their tasks, i.e., to work jointly on a project. Because co-bots are almost plug and play — and very low-cost — SMEs are buying and the segment is quickly growing. The collaborative robotics sector is expected to increase roughly tenfold…
Pfizer Inc. has announced its Phase-3 study to establish the effectiveness and tolerability of Pristiq did not meet the primary endpoint compared to the placebo.The study is the second of two Phase-3 placebo-controlled studies done under the Pediatric Research Equity Act (PREA), as part of an FDA post-marketing commitment. TechNavio analysts forecast that the antidepressant…
The number of robot installations is accelerating: Between 2005 and 2008, the average annual number of robots sold was about 115,000 units, according to the International Federation of Robotics. Between 2010 and 2014, the number rose to about 171,000 units. This is an increase of about 48% and a clear sign of the significant rise…
Endpoint security solutions today are lacking in spite of significant gaps, vulnerabilities in security and heightened fear of a security breach, says Promisec, endpoint security and compliance vendor. The fact that 73 percent of the respondents agree that endpoints are the most vulnerable point for attack should magnify concerns. The demand is there and analyst…
As more companies complete their mass-digitization of files and records – which has been a long and sometimes painful process – they are beginning to find value in the use of analytics and intelligence solutions. Although certain industries were a bit quicker to the punch when it came to overhauling their information management strategies to…
The increasing consumer trend toward natural, sustained and minimally processed foods has necessitated a change in packaging that will support these natural and organic products. At the same time, consumers are still looking for easy food solutions with processed food and drinks, which need to be healthier at the same time. Specific segments in the…
