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In fact, ransomware attacks are expected to cost businesses $265 billion per year by 2031. Following an attack, an organisation’s activity may be paused for between 20 and 30 days on average, which from our experience, may lead to a revenue loss of £274,000 per day for a business with a yearly turnover of £100m.
The entire loan matures in 2031. The company intended to use the proceeds from the IPO to pay down a portion of its term loan credit facility, which currently stands at $1.16 billion following a 2024 refinancing. Prior to its acquisition by Platinum, Ingram Micro was owned by HNA Group for six years.
India is expected to witness an increase in urban population from 377 million in 2011 to 600 million (roughly twice the current population of the United States) in 2031 according to an UN backed report published in 2014. Author(s): Subramaniam Chidambaram, Chair, IEEE P1951.1 & Srikanth Chandrasekaran, IEEE SA.
A transition toward circular models is already underway, as with the UAE’s Circular Economy Policy 2021-2031 and the KSA’s Circular Carbon Economy. If unchecked, this could result in an increase from 130.6 million metric tons in 2021 to 163.9 million metric tons by 2025.
billion by 2031, up from $93.33 From satellite forecast by mass, minisatellites will dominate the market between 2021 and 2031 as the growing demand for small satellites, nearly 93%, will come from the commercial sector.”. The market is expected to reach $216.32 billion in 2021, representing an impressive 8.7%
billion by 2031 , indicating a significant transformation in healthcare delivery. This shift entailed reorganizing care delivery models, investing in preventive care, and using data analytics to track and improve patient outcomes. In fact, The global value-based care market, valued at $12.2 billion in 2023 , is projected to reach $43.4
UAE plans to develop at least two hydrogen production hubs called “Oasis” by 2031. million tons of hydrogen annually by 2031 and expects to increase production tenfold to 15 million tons by 2050. The country is targeting to produce 1.4 xiv] Of the total 1.4
But as of this year the cost has nearly doubled to A$31 billion and completion delayed until 2030-2031. Australia's Inland Rail, for example, was envisioned to be a transformative national freight backbone to invigorate regional economies when completed in 2025.
The UAE’s Artificial Intelligence Strategy 2031 and Saudi Arabia’s National Industrial Development and Logistics Programme (NIDLP) demonstrate their dedication to using technology for economic progress.
million tonnes of green hydrogen per year by 2031, 7.5 The mega-plant will integrate up to 4GW of solar and wind energy to produce up to 1.2 million tonnes of green ammonia, which translates to up to 600 tonnes per day of carbon-free hydrogen. The total investment value for this project is $8.4
Nasuni remains focused on ransomware recovery capabilities Recent data predicts that ransomware will cost its victims around $265 billion annually by 2031. Beyond ransom payments, the resulting downtime and recovery efforts can be detrimental to businesses, said David Grant, President at Nasuni.
By 2031, the industry value is expected to reach $18.94 from 2022 to 2031. CPG Industry Market Trends and Overview Did you know the CPG industry is projected to add $3.18 trillion in value in 2024, with the U.S. contributing $821 billion ? trillion , growing at a Compound Annual Growth Rate (CAGR) of 5.1%
billion by 2031 from USD 6.24 Again, this is a goldmine for personalized marketing efforts. And companies are using CDPs more than ever. After all, the global CDP market is projected to grow to USD 63.71 billion in 2023, reflecting a compound annual growth rate (CAGR) of 33.70%. Falabella Group is a good example here.
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