Amid the tragic consequences of COVID-19, life sciences and medtech companies emerged as lights in the darkness. Decades of scientific work and investment seemed to be overnight successes. The heroic dedication of health care providers was met by the fastest novel vaccine development in history. Traditional competitors partnered to accelerate research and manufacturing.

Amid the tragic consequences of COVID-19, life sciences and medtech companies emerged as lights in the darkness. Decades of scientific work and investment seemed to be overnight successes. The heroic dedication of health care providers was met by the fastest novel vaccine development in history. Traditional competitors partnered to accelerate research and manufacturing.

Amid the tragic consequences of COVID-19, life sciences and medtech companies emerged as lights in the darkness. Decades of scientific work and investment seemed to be overnight successes. The heroic dedication of health care providers was met by the fastest novel vaccine development in history. Traditional competitors partnered to accelerate research and manufacturing. When one company failed, it joined the other to accelerate the development and manufacture of a successful vaccine. Governments, retail pharmacies, health systems, payers, and nonprofits are working together to provide widespread distribution and administration.

Amid the tragic consequences of COVID-19, life sciences and medtech companies emerged as lights in the darkness. Decades of scientific work and investment seemed to be overnight successes. The heroic dedication of health care providers was met by the fastest novel vaccine development in history. Traditional competitors partnered to accelerate research and manufacturing. When one company failed, it joined the other to accelerate the development and manufacture of a successful vaccine. Governments, retail pharmacies, health systems, payers, and nonprofits are working together to provide widespread distribution and administration.

Data centers are the largest consumers of electricity worldwide as they consume around 3% of the world’s electricity, which is expected to exceed 8% by 2030. Also, the increasing construction of hyperscale data centers will raise the energy demand by more than 600 terawatt-hours by 2021. A data center can consume power ranging from 100 kW to over 100 MW. The incoming power to the facility from the utility feed is 2−33 kV, which is reduced to 480 V using on-site transformers. The power from the transformer is fed into the switchgear or automatic transfer switches (ATS), which are connected in parallel to the generator to supply backup power during outages.

Data centers are the largest consumers of electricity in the world. Data centers consume around 3% of the world’s electricity, which is expected to reach over 8% by 2030. The increasing construction of hyperscale data centers will raise the energy demand by more than 600 terawatt-hours of electricity by 2021. A data center can consume power ranging from 100 kW to over 100 MW. The incoming power to the facility from the utility feed is 2−33 kV, which is reduced to 480 V using on-site transformers. The power from the transformer is fed into the switchgear or automatic transfer switches (ATS), which are connected in parallel to the generator to supply backup power during outages.

Data centers are mainly built-in response to growing customer demand. However, the areas for the development and operation of data centers are identified based on factors such as power availability, fiber connectivity, and availability of skilled labor. Most modern data centers are built as per Tier III and Tier IV standards, thereby enabling high availability of service offerings. The development of edge computing is fostering data center development in secondary data center markets, where the dependence on site selection is very high. The major site selection criteria for data centers are mentioned in the table below, along with the identified level of importance for each criterion and a description of the same.

Consumers' focus has grown toward the food's source, quality, and nutritional value in recent years. This is reflected through the spurring sales of organic products and requests and preferences from consumers to either avoid or reduce the use of additives in processed food products. As a result, labels such as "free-from" are used on the packaging for products that have been reformulated to taste like homemade recipes, minus adultered ingredients.

New trends in elevators and escalators, such as smart lifts, traction elevators, and pneumatic elevators are creating value grab opportunities for manufacturers. Traction lifts are found to travel faster than hydraulic lifts, and can be used in both high-rise and mid-rise buildings. Hence, companies in the elevator & escalator market are pushing the sales of traction elevators in high-rise buildings of China, owing to high population density. Manufacturers in the elevator & escalator market are targeting pneumatic lifts for places where there is a limited passenger footfall. These lifts are being designed in wheelchair accessiblemode.

After two years of turmoil, the aviation industry appears to be poised for a decade of growth. But unlike the last decade, which enjoyed steady annual increases in demand, the next 10 years are apt to be filled with a multitude of challenges that will test the industry’s resilience. COVID-19 continues to torment airlines and aerospace as well as the global economy in general despite effective vaccines. While a significant portion of domestic air travel demand around the world has recovered and the fleet is growing again, the unpredictable nature of COVID-19 and its variants remains the industry’s biggest immediate obstacle to business as usual. The rapid spread of Omicron at the end of 2021 set in motion a variety of complications for the industry from absenteeism in the workforce, to government travel restrictions, to disruption of the supply chain, to name a few.