Sky-high Price Prediction: Cloud Data Warehousing Market Will Soar
introduce The cloud data warehouse market has become a key focus for enterprises aiming to effectively manage and analyze large amounts of data. Cloud data warehouses provide scalable, cost-effective solutions that enable organizations to store, process, and retrieve data on demand. Also Read: Artificial Intelligence in Warehouse Management Market: Augmenting Logistics with Predictive Intelligence According to findings reported by Market.us, Global cloud data warehouse market It is expected to experience significant growth, with its value expected to reach approx. Will reach US$56.6 billion by 2033,from $7.2 billion in 2023. This marks the compound annual growth rate (Compound annual growth rate) is 22.90%, Highlighting the growing need for scalable, flexible and cost-effective data storage and processing solutions. 2023, North America Dominate the global cloud data warehouse market, accounting for more than 34.3% of total market share. The region generates substantial revenue amounting to approx. US$2.5 billionconsolidating its leadership position in the field of cloud data warehousing. The strong performance of the…
U.S. electric vehicle sales soar thanks to generous incentives
Tesla led the electric vehicle market with a 48% share in July, while overall registrations surged. Hyundai Motor Group ranked second, General Motors ranked third, and Ford ranked fourth. Analysts warn that electric vehicle sales could fall sharply if incentives are removed, with all brands affected. U.S. electric vehicle sales had been stagnant for much of the year, but registration data released only in July showed a sharp increase in sales, allowing Tesla to end a five-month decline and other brands to report positive growth. var adpushup = window.adpushup = window.adpushup || {que:()}; adpushup.que.push(function() { if (adpushup.config.platform !== "DESKTOP"){ adpushup.triggerAd("4d84e4c9 -9937-4f84-82c0-c94544ee6f2a"); } else{ adpushup.triggerAd("6a782b01-facb-45f3-a88f-ddf1b1f97657"); } }); S&P Global Mobility data shows that new electric vehicle registrations in the United States increased by 18% in July. A total of 118,273 new electric vehicles were registered in the United States that month, compared with 100,620 in July 2023. This led to an increase in the share of electric vehicles in the light…
Rising freight rates drive global container shipping profits soar
The global container shipping industry posted a sharp rise in profits in the second quarter, with revenues exceeding $10 billion, helped by record cargo volumes and rising freight rates. The growth came after disruptions to Red Sea shipping, a recent analysis showed. Also read: CH Robinson: How shippers can prepare for potential ILA strikes amid growing disruption in North American shipping landscape Net revenues at major container shipping companies, including Denmark's AP Moller-Maersk A/S and China's COSCO Shipping Holdings Co., nearly doubled compared with the first quarter of this year. These profits even exceeded the $8.88 billion in the same period of 2023, as highlighted in a report published on Saturday by industry expert John McCown. McCown expects profits to continue to rise this quarter given the strong performance of international trade. The container shipping industry, which transports 80% of the world's goods, experienced a boom during the pandemic due to strong consumer demand and supply chain disruptions. However, the…
As freight rates soar, dock workers get bigger pay raises
Earlier this week, 159 trade associations representing key supply chain stakeholders sent a letter to the Biden administration and relevant congressional committees, calling on the U.S. government to intervene in the stalled labor contract negotiations between the International Longshoremen’s Association (ILA) and the United States Maritime Union (USMX). On June 10, the International Longshoremen’s Association issued a press release announcing that it refused to continue negotiations due to an outstanding dispute with a terminal operator at a port on the Gulf Coast. The International Longshoremen’s Association has expressed its willingness to call for a coast-to-coast strike if a new contract agreement is not reached before the expiration of the current contract, which covers approximately 45,000 longshoremen at ports on the East and Gulf Coasts of the United States. The current contract expires on September 30, 2024. In the letter, the industry associations urged the Biden administration to "immediately work with both parties to resume contract negotiations to ensure that port…
Episode 056 – 3 lessons from Tony Robbins to help your campaign soar
I was watching a speech by Tony Robbins (the world’s most successful life coach and motivational speaker) and even though he wasn’t speaking directly to the trade show and events industry, it certainly seemed like it to me! Among his many points, he offers three powerful lessons that I want to share with you in this episode—and show you how to incorporate them into your upcoming virtual and in-person events! 1. You act differently depending on where you think you are in a relationship What would you do for someone in the early stages of a relationship? Anything!! But over time, we lost that Think about cell phone and cable companies. They lure us in with huge promotions and then seem to forget about us. What are you doing to build long-term relationships with sponsors, exhibitors, visitors and customers? · Successful marriage counselors work to get couples to remember the original things and start doing them again! 2. Why can…