Thursday, 27 March 2014

What is the banking executive’s biggest fear?

There are certainly enough contenders for this title with the global economy, cyber fraud and regulations all making bankers sweat, but which one do you think triggers their worst nightmare?

The slow global economic recovery is felt to be a major apprehension with high unemployment and low customer confidence threatening to jeopardise expansion plans and profit margins. This, however, is not the concern it once was and has not won the title.

Another rising anxiety with a shot at the crown is cyber crime, especially in the Asia-Pacific region. Cyber crime is getting more sophisticated and is disrupting the market but is yet to be a bank's most alarming apprehension.

A recent survey of 124 global banking workers, 35% of which are CEOs and Directors, revealed that changing regulation was their major concern. Altering government legislation has kept the industry up at night because it will drastically affect the competitive landscape, profitability, operational setups and potentially see a rise of available new substitutes.

The next six months are set to present many challenges, but it is always good to look at the other side of the coin and remember that opportunities will also present themselves!

Source: Banking Business Confidence Report 2014

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Wednesday, 26 March 2014

Is it time to abandon Cable?

Cable and satellite television were never going to last forever, but is it time to change how you watch TV just yet?

Perhaps so, there was an estimated 97m IPTV subscriptions globally at the end of Q3 2013, and the 100-millionth IPTV customer came online in November. This means the adoption of IPTV is now outpacing cable and satellite!

The market is growing fast, with analysts forecasting global IPTV revenue to increase at a CAGR of 11.8% by 2018, with the market reaching a staggering $42.9bn!

Though not everyone is following suit just yet, IPTV household penetration levels vary greatly across regions. At present, the three largest IPTV markets are China, France and the US, which combined, account for over half of the world’s subscriber base. China recently surpassed France as the market with the most IPTV subscribers, leaving the U.S. in third place. Still, IPTV operators in France and the U.S. are continuing to see a rise in subscribers, while cable remains to flounder.

A considerable factor to this excessive growth has been increasing broadband demand all around the world. The Broadband Forum reports that global broadband subscriptions will reach some 925 million by the end of 2018, up from about 650 million at the start of 2013, leaving huge potential for the IPTV market.

It’s no surprise that companies are already looking to take advantage of this growing market. YouTube is currently piloting making its channels available via IPTV operator EPGs - as part of partner-led initiatives to extend its’ channels reach.

“On IPTV we started some initiatives where YouTube is part of the EPG guide. If you’re a subscriber to a channel on YouTube, why shouldn't it just show up as channel 206 on your TV guide? We’re seeing some very exciting initiatives being partner-led, and that’s where I think we’re going to continue to thrive as a platform.”

Apple are also reportedly eyeing up the market, with rumours of talks with Comcast to bring Internet-delivered TV to subscribers via an Apple set-top box. If the rumours are true, this collaboration certainly has the potential to progress the transition to IPTV even further.

The market looks like it's set for certain growth at a rapid speed, but market intelligence is key to success. The Industry Report Store has a brand new report which comprehensively covers this emerging market, providing your business with all the tools necessary to succeed within it. Our IPTV Research in Focus helps leaders in the communications industry identify emerging opportunities in IPTV markets around the world. With market sizing and forecasts of IPTV subscriptions, ARPS and revenue provided on more than 50 countries for 2009-2018, with an analysis of trends.

Why not read the report preview:

Emerging Markets Lead IPTV Subscription Growth Through 2018. Research in Focus: IPTV

*Order by 31st March and get 10% off this report*

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Sources: Advanced-Television

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Tuesday, 25 March 2014

Audi opens new flagship dealership

One of the hottest car markets in the US, Houston remains a high priority region for Audi. Mark Del Rosso, executive vice president and chief operating officer of Audi America said: "This new dealership exemplifies the growing investment of our dealer body and will lead by example by providing benchmark levels of customer and ownership experience."

The launch of Audi’s new seven-story store, which is more than eight times the size of a conventional dealership, features a 5,000-square-foot 10-car showroom.

Even with Audi’s sales up by 13.4 percent last year it remains to be seen whether this huge step in the US automotive market will take Audi to the top of luxury automakers in the country.

Will any Audi dealer step up and try to top the monster in Houston?

For further automotive insights please visit The Industry Report Store. We boast a variety of reports about the automotive market, providing valuable analysis of the current market situation and the potential opportunities available in the market.

New Automotive Reports:

Global Commercial Vehicle Tire Market 2012-2016

Global Low Emission Vehicle Market 2012-2016

Global In-vehicle Entertainment and Information Systems Market 2012-2016

Global Automotive Connectors Market 2012-2016

Tire Retreading Market in the US 2014-2018

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Monday, 24 March 2014

A Beer Worth Living For?

Dock Street Brewing Co creates a new beer inspired by AMC’s The Walking Dead and with some interesting ingredients...

The Philadelphia brewery is going all out to celebrate the TV shows upcoming season Finale, with its new beer Dock Street Walker.

At 7.2 ABV, Dock Street Walker is an American Pale Stout brewed with substantial amounts of malted wheat, oats, flaked barley, organic cranberry and brains.

Yes, you read correctly. In paying true homage to the show, Dock Street Brewing Co will be brewing its beer with smoked goat brains. According to the brewer:

Dock Street Walker (7.2% ABV) is an American Pale Stout, brewed with substantial amounts of malted wheat, oats, and flaked barley for a smooth, creamy mouthfeel. Fuggle hops provide delicate, earthy notes, while the cranberries create a sinister, bloody hue, and a slight tartness. The pre-sparge-brain-addition provides the beer with intriguing, subtle smoke notes. In true walker fashion, don't be surprised if it's head doesn't hang around forever.

The brainy beverage will be released on March 30^th accompanied by a screening of The Walking Dead season finale at the company’s West Philly pub.

The Industry Report Store has a variety of beverage reports, providing insight into the current market situation as well as potential opportunities for the future. Here are some of our most popular Beer Market titles:

The Premium Beer Market 2013

Global Brewer Analyser Report 2013

Global Beer Trends Report 2013

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Sources: dockstreetbeer, image

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Thursday, 20 March 2014

New Post-Workout Beer!

Alcohol and exercise are generally not associated with one another, but Canadian brewer Vampt is planning to turn this around!

The company is preparing to launch a “recovery beer” called Lean Machine, specifically crafted for post-workout consumption. Lean Machine beer contains 7 grams of protein at only 77 calories and, is both gluten and caffeine free!

Like other sports drinks, Lean Machine will also be infused with vitamins, antioxidants and electrolytes to replenish the body after exercise; seemingly making it the perfect post-workout beverage.

Other beers which target those with active lifestyles contain lower calories, but no protein or any of the replenishing nutrients and antioxidants offered by Lean Machine.

Vampt founder Ian Toews hopes the beer will appeal to young fitness enthusiasts who like a drink.

"We just thought that maybe we could do something that would support a drinker, make it still socially fun, and help them accomplish what needs to be accomplished after an aggressive workout," Said Toews.

Lean Machine will be packaged in 335ml cans and will be available in Lager, Lemon Ale, Honey Ale and Pepper Ale flavours, with each variant offering a 3.2% ABV rating.

The range will be available in select Canadian markets early April and depending on interest from U.S. distributers, the brewer hopes for Lean Machine to be available in America by next year.

Understanding how the beer market is evolving is fundamental to those operating within this inudstry. Market intelligence will provide you with the essential market insights, key drivers and trends analysis along with forecasts for the industry. The Industry Report Store has a huge variety of beverage reports, providing up to date insights and market data for the industry as well as outlining potential opportunities for the future.

Why not take a look at some of our most popular Beer Market titles:

The Premium Beer Market 2013

Global Brewer Analyser Report 2013

Global Beer Trends Report 2013

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Source: Fox News, FoodBev

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Monday, 17 March 2014

New Beer to accompany the New Game of Thrones

Brewery Ommengang are set to launch another Game of Thrones inspired beer at the end of this month.

The new beer, which will be available on draft and in 750ml bottles for around $8.50 each, is set to be released on March 31 – just in time for the popular HBO shows’ season four premiere on April 6.

The new beer is named after the motto of House Targaryen, Fire and Blood Red Ale and is inspired by Daenerys Targaryen and her three dragons, Drogon, Rhaegal and Viserion. According to the brewery, the beer features a solid mix of spice and wheat and specific flavours were chosen in tribute to key elements of the series.

“The use of ancho chilies pays homage to the dragons, but the use of rye and spelt wheat links back to the Dothraki people that Daenerys is leading," said Phil Leinhart, brewmaster at Brewery Ommegang. "They are nomads of the plains and these are the grains that would be well at home there."

Brewery Ommegang have previously produced two other beers in relation to the Game of Throne series; Throne Blonde Ale and Take the Black Stout.

Through its first three seasons, the critically acclaimed drama has become the biggest show on HBO and according to Brewery Ommengang, Fire and Blood makes for the perfect season 4 premiere pairing.

Sources: mashable, image

It is vital to have up-to-date market intelligence, not only to ensure you understand the market dynamics and structure, but also to accurately access opportunities within the market.

The Premium Beer Market 2013

Global Brewer Analyser Report 2013

Global Beer Trends Report 2013

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Friday, 14 March 2014

Small research focused companies to be the backbone of improved drugs

Need for innovative therapies for challenging diseases continues to grow and this is accelerating the pace of drug development. Innovation and improved drugs therapies through new technology platforms are expected to flow from the backyards of small research focused companies in coming years.

In 2012 sarepta therapeutics Inc made a 554% return on their investments in biotech research. The reliability of small research firms for future innovation within the sector and optimism is expected to penetrate further into companies with new technology platforms.

Small pharma and biotech companies will be the future of innovation and research producing improved drugs on low budgets. There is still a need for further innovation within the sector. Market Intelligence is critical in providing valuable insight into current market situation, in-depth company analysis and identifying market opportunities.

For more details on the trend in drug approvals, upcoming milestones and M&A in coming years please see: Global Pharmaceutical and Biotechnology Outlook 2013: Rising Stars.

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The Industry Report Store is one of the world’s most comprehensive libraries of market intelligence, with the perfect report for every business need at every budget. Business information is paramount for companies seeking to stay ahead amid challenging economic conditions and intense competition. Contact us today to take advantage of our premium intelligence insights and keep up with your industry competitors.

Kundan Sharma
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Biotech Sector hits new heights

A biosimilar version of a monoclonal antibody (mab) drug named inflectra has been approved for the first time in the EU. Hospira’s inflectra drug is a biosimilar medicine to the reference medicinal product remicade. The detailed scientific review and approval process by the european medicines agency and european commission confirms that inflectra has demonstrated similar quality, efficiency and safety to Remicade. The drug has been approved for the treatment of inflammatory conditions including rheumatoid arthritis, ankylosing spondylitis, Crohn's disease, ulcerative colitis, psoriatic arthritis (psa) and psoriasis.
These drugs are responsible for some of the highest medicinal costs for many countries.The introduction of biosimilar mabs in europe is expected to deliver savings of up to €20.4 billion by 2020, with the biggest savings predicted in France, Germany and the UK. Inflectra offers physicians, patients and healthcare systems a more affordable treatment option as well as maintaining similar quality and safety to its reference product - remicade.

Approval was given to hospira’s inflectra by the EC subsequent to the safety, efficiency and tolerability of the data collected from a comprehensive clinical trial programme. In the study, 73.4% of patients receiving Inflectra achieved a greater than or equal to 20% improvement in RA symptoms after 30 weeks of treatment (measured using the ACR20 scoring system), compared with 69.7% treated with remicade.

New product launches within the biotech sector indicates that competition has become increasingly intense. To find out more about this thriving sector please see: Global Pharmaceutical and Biotechnology Outlook 2014: Mature Biotech.

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The Ever Rising Cost of a Pint of Beer

Chancellor Exchequer and last year’s “Beer Drinker of the Year” - George Osborne faces pressure to “stand by the government’s commitment to crack down on cheap drink” by maintaining the alcohol duty escalator in next week’s budget.

The duty escalator has been in place since 2008 and its purpose is to ensure that the price of alcohol rises 2% above inflation.

Last year, following numerous campaigns from the brewer sector, George Osbourne rejected the planned 3p rise in beer duty and instead, replaced it with a 1p cut in the price of a pint as well announcing that beer would be exempt from duty increases – much to the delight of the beer industry.

This resulted in the industry-supported All-Party Parliamentary Beer Group presenting the Chancellor with a trophy titled “Beer Drinker of the Year.” In accepting the award, George Osborne stated that it was a "symbol that Parliament cares about this industry and Parliament cares about people employed in this industry".

One year later however, Osbourne is facing immense pressure to back the governments commitment to crack down on cheap drink by maintaining the alcohol duty escalator.

Katherine Brown, director of the Institute of Alcohol Studies says the UK chancellor should not “succumb” to industry lobbying to scrap the annual rise in alcohol duty because "society simply can’t afford for such cheap drink to get cheaper.”

According to Ms Brown, Osbourne ‘giving in’ to the drinks industry could mean the treasury facing a cost of £110m in 2014/15.

"This sum could fund 2,587 alcohol nurses in emergency departments, 468,085 ambulance call-outs, or 723,684 days of inpatient detoxification services," Ms Brown wrote in the British Medical Journal (BMJ).

According to BMJ, each year the United Kingdom sees more than 8700 deaths related to alcohol and 1.2 million hospital admissions, and alcohol is estimated to cost society more than £21bn. These figures include costs to the NHS (£2.7bn), the police and criminal justice system (£11bn), and loss of workplace productivity (£7.3bn), and they total more than double the £10bn annual revenue generated from taxes on alcohol.
The question remains, does reducing the affordability of alcohol reduce the problems associated with it?

The Wine and Spirits Trade Association, the Scotch Whisky Trade Association, and the Taxpayers Alliance are currently leading a campaign calling on the Chancellor to “Be Fair George!” and scrap the duty escalator for all alcohol in this year’s budget.

The way in which the beverage industry is affected by the government makes a significant difference to the future outlook of the market. It’s vital to invest in business intelligence so that you are aware of the actual market situation and prospects for the future. The Industry Report Store has a wide range of beverage reports, analysing the current market situation as well as identifying potential opportunities for the future.

Take a look at some of our reports to see how we could help you:

United Kingdom Beer Market Insights 2013

The Future of the Wine Market in the United Kingdom

The Future of the Spirits Market in the United Kingdom

Sources: OnMedica, BMJ, Telegraph

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