World Business Quiz 2020 - Biggest Business and Financial Events of the Year

As the entire world is in a state of lockdown, it is obvious that the global economy has depleted.

Each day, the news apps on our phones flash updates about the economic reduction and how the stock markets have reached an all-time low.

But after this period gets over the world will be thriving towards work.Read more - http://5ines.com/blog/digital-marketing-in-the-time-of-covid-19/ 

Summary The global automotive industry - worth at least $3.5 trillion in annual revenues and second only to the energy and utility industries in its economic multiplier value - faces four concurrent disruptive threats: the connected car, autonomous driving technology, the concept of mobility-as-a-service, and the electric vehicle.

Together these megatrends are colloquially known as CASE, denoting connected, autonomous, shared and electric.

Each threat is potentially existential to the legacy vehicle manufacturers operating in a low growth, low margin sector that rattles with over capacity, and which is seeing its supply lines reset by cumulative advances in enabling technologies typically deployed by the Tier 1 automobile sub-system suppliers.

Traditionally, this industry has been very stable albeit hyper competitive.

The stability was due to it being a high capital investment, but low return industry.

Now, every week seems to bring a new entrant to the industry attracted by the ever-increasing electronic content of vehicles - value that’s outside the core competency of industry incumbents - and because the automotive value chain as a whole is beginning to embrace the broader concept of mobility.

 The potential of AI is far from being fully exploited thus making now the best time for Malaysia to sprint to the front of the race.

With the special focus on the Malaysian market, the 26th edition of World AI Show — Malaysia is set to take place virtually this week. 

Cybersecurity market size is a sweet view for every business out there making the full use of it.With technology being at its best along with digital adoption as a tool in business,cybersecurity is taking over the market with its rapid growth in adoption and usage.Well, if you ask what is cybersecurity?

Then, the simple way to answer it would be that cybersecurity is the practice of maintaining a system’s security by protecting it against the malicious attempt at the data/information and from unauthorized access that is in digital form.

The market size of cybersecurity is divided as per its usage of different verticals involving the Product Type (its services or solutions), the End-User industry (banking, financial services and insurance, healthcare, Manufacturing, Retail, defence and intelligence, IT and Telecommunications, etc), and Deployment ( that includes on-cloud, on-premises).

Cybersecurity Market Size and ReachThe factors that drive the cybersecurity market towards the growth are many in number but the one that is well-known is the cybersecurity trends along with the trends and demand for IoT, AI, etc in cybersecurity.

Artificial Intelligence and machine learning offer benefits in the detection of risk on the outer sides and parts.The global cybersecurity market in 2019 was valued at USD 161.07 billion and as of now, it is estimated to reach 363.05 billion by the year 2025, i.e at a CAGR of 14.5% for the period of 2020-2025.

Machines and technology have brought with them the management of billions of security events in a day’s time along with a clear view of activities performed and also showing any kind of unusual activity or attempt to access.With the larget market reach being North America, the cybersecurity technology is taking its placing and growing with the fastest speed in the Asia-Pacific region.

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COVID-19 is a human tragedy that has affected millions of people.

It is also having a permanent and transformative impact on consumer purchasing behavior, which in turn will impact the future of the global economy.

 Global pandemics are historically seen as game-changers to various industries.

Such a crisis brings in new trends, paving way for transformations in the industries to align with the changing times.

Fashion is one such industry that is no exception and has always been influenced by pandemics.

From the first world war to Spanish influenza to the second world war, the fashion industry was influenced by every historic event in different ways.

Covid-19 is one such crisis that has prompted both the consumers and the fashion industry to pause and rethink about their actions.

The crisis has already ushered the global economy into a recession and will be poised to leave its mark on how consumers live, how they spend their money, and even how they dress.

Coronavirus (nCovid) is one of the trending and quotidian topics these days because this deadly virus has claimed more than 33,000 lives all over the world and has infiltrated almost 202 countries.

After evaluating its outbreak and tragedies, on March 12, WHO (World Health Organization) has declared this as pandemic and is spreading awareness so that every nation can come together to combat this lethal virus.

This virus has not only claimed a chunk of lives but also made a great impact on the global economy.

Almost all public and private sectors are forced to shut down in order to slow down the pace of the infections and illness.

This virus has affected every business sector, but in this article, we are going to mention those sectors which have affected it the most.

The importance of translation in today’s business world has led to an increase in the demand for quality translation services.Translation services allow firms to interact and communicate with global audiences.

The service is also critical for organizations looking to foster harmonious relationships with international communities.Here are other benefits of professional translation services:Bridges communication gap between global companies and international audiencesHelps in the formation of successful partnerships between local governments and businessesAccurately reflects local sentiments and culture, which enhances the understanding of films, literature, and musicEnhances international diplomacy by enabling the sharing of global ideas in an accurate, non-condoning and expressive mannerLearn more: The Pitfalls of AI Translation

The sharing economy is growing at a rapid pace and shakes things up in almost all industries. Compamies involved in this economy need fast, responsive, intuitive, flexible and evolving business systems in order to stay in the race.

Covid-19 is the most feared term in 2020.

The economy of every country is at a huge risk.

the global economy can reduce by over 3 percent.