MarketLine Blog

Posts tagged to Big Data

Ginkgo Bioworks: Quest to disrupt the biotech space

MarketLine

Ginkgo Bioworks, a Boston-based DNA writer and designer company, launched in 2008, is already one of the largest DNA writers in the world. It is expected to make over $20m in revenue in 2017. Ginkgo’s success is based on an innovative technology that uses yeast as a base to make all kinds of substances, including perfumes, cosmetics and sweeteners, from microbugs. This technology can be used across a whole host of consumer and industrial products, enabling customers to grow rather than manufacture better products. The company is currently working on… Read more

Beyond the pill: Pharma gets digital push

MarketLine

The global pharmaceutical market was worth $946.1bn in 2016, growing with a compound annual growth rate (CAGR) of 6.1% between 2012 and 2016. Healthy market growth and big margins in the traditional pharma industry are attracting a new generation of startup companies, who are using big data, sensors and artificial intelligence to revolutionize the way healthcare is delivered and they are not afraid to compete with the incumbent Big Pharma companies. Emerging digital technologies from the new generation start-ups are reshaping the traditional pharma landscape. By collecting enough data, directly… Read more

Holistic intelligence and the limits of Big Data

MarketLine

Big Data has been heralded as a ground-breaking technology that will transform the way that businesses operate. As such, major organizations have been quick to understand and implement Big Data analytics in a number of different ways. The most common implementations have to date been limited to internally-focused information, through fairly standardized techniques. There are therefore a number of externally-focused areas in which Big Data technologies could be further utilized, as well as the potential for stretching the industry towards ever more complex analytics. Nevertheless, there must also be some… Read more

China sets the pace in the global software industry

MarketLine

Despite continued piracy issues, the seemingly perpetual innovations in the technology sector and the spread of internet usage both help to drive solid growth in the global software market. The global software market grew by 6.1% in 2013, to reach a value of $554.5bn, representing a compound annual growth rate of 11.3% for the period spanning 2009-2013. Although growth has largely been seen across the board, increases were primarily driven by growth in the Asia-Pacific and Americas regions, as some European economies stagnated and demand for software remained relatively stable…. Read more