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GlobalData

ICT

Major IT service came under bottom-line pressure in 2020, says GlobalData

The top 20 IT service providers by revenue recorded a 14.6% year-on-year (YoY) decline in cumulative net earnings Amid increasing digital transformation, 40% of the companies reported double-digit decline in net earnings For IT service providers, 2020 was one of…

Chevron, Shell, others deepen use of robotics in challenging environments

Leading Oil and Gas analyst at GlobalData, Ravindra Puranik, has revealed that more International Oil Companies (IOCs) are deepening their investments in technology and mainly robotics to deliver services in hostile environments dangerous to humans in exploration operations. In his…

Dangote listed among 158 refineries coming on stream globally from 2019 to 2023

…China leads with $53.2bn capex First class world data and analytics group, GlobalData, has revealed that global investments in crude oil refining facilities will rise exponentially starting from this through 2023 with about 158 mega refineries coming on stream on…