Markets

Three technologies will transform sales over the next decade, says Gartner: Emotion AI, machine sellers and digitally twinning  customers. “The common theme of these three technologies are their ability to predict, interpret and serve buyers’ needs and behaviours and to streamline and automate sales fulfilment, releasing sellers to focus on developing high value client relationships,” says Gartner’s  Guy Wood. Emotion ...

Only time will tell whether or not Nvidia’s current valuation is justified but one thing is certain: Its market capitalisation of roughly $3 trillion is based on expectations for future growth more than it is on current results. While Nvidia saw its revenue and profit grow at an extraordinary pace over the past year, it is still far from the ...

Data recently published by the United Nations Conference on Trade and Development (UNCTAD) shows that China accounts for around two-thirds of the world’s processing/refining capacity for critical minerals. China currently accounts for more than half of the world’s refining of aluminum, lithium and cobalt, around 90 percent of that of rare earth metals and manganese and 100 percent of that ...

It’s natural to be in awe of prominent and successful people and to wonder if you could hold your own with them if you ever met up. My personal experience is that the more successful people are, the easier they are to understand. Listening to a couple of tech Titans, each with several tens of billions of dollars, talk together ...

GenAI for procurement is at the Peak of Inflated Expectations, according to Gartner’s 2024 Hype Cycle for Procurement and Sourcing Solutions. Rapid adoption and a multitude of credible use cases will quickly move GenAI to the Plateau of Productivity within two years. ”GenAI can already enhance many different workflows in procurement and 73% of procurement leaders at the start of ...

TSMC’s financials have seen an inexorable post-pandemic rise. The company had annual revenue of $35.7 billion in 2019 for $11.5 billion profit and a couple of years later, profits and market cap had doubled while revenues had increased by $22 billion, according to TSMC annual reports and data from CompaniesMarketCap.com. According to CSIMarket data, the net margin for semiconductor companies ...

After the November-January  quarter when it generated $12 billion net income on revenues of $22 billion,  Nvidia outperformed expectations in the February-April quarter with revenues of $26 billion and a net income of roughly $15 billion. This immense success is largely built on one pillar of the company. This pillar is the data center segment which includes chips manufactured specifically ...

The telecom market looks like a hell of a mess. Operator revenue growth slowed in 2023 and has more or less remained stagnant over the past decade. Global carrier revenues are expected to increase at 1% CAGR over the next 3 years. Worldwide telecom capex is projected to decline at a mid-single-digit rate in 2024 and at a negative 2-3% ...

Xi Jinping’s three-country Europe tour  reflects the importance to China of its European trade after suffering a big drop in its exports to the USA. Exports are key to fuelling China’s economic growth. Since its accession to the World Trade Organisation in 2001, Chinese exports of goods have grown more than tenfold, climbing from less than $300 billion in 2001 ...

Despite  chatter about a “no landing” scenario, the IMF was optimistic about major advanced economies having  a soft landing in its mid-April  World Economic Outlook. The IMF expects inflation to return to its long-term average and target level of 2%   next year G7 countries, while maintaining robust albeit comparatively slow economic growth. Global growth, estimated at 3.2% in 2023, ...