The global consumer industry experienced a 54% drop in company filings mentions of big data in Q1 2024 compared with the previous quarter, with the highest share accounted for by Colgate-Palmolive with 167% year-on-year increase, according to GlobalData’s analysis of over 106 consumer company filings. GlobalData’s Consumer: Filings Trends & Signals Q1 2024 report delves into earnings call transcripts and quarterly reports within the consumer industry, extracting trends, signals, and comparative data to help businesses assess their performance, identify competitive intelligence, evaluate risks, and gain a comprehensive understanding of key industry events. Buy the report here.
Notably, big data was one of the most frequently referenced themes in Q1 2024, ranking highest in terms of mentions, ahead of advanced materials and ecommerce, according to GlobalData.
Of the top leading companies in the consumer industry, Colgate-Palmolive had the greatest increase in references for big data in Q1 2024, compared with the previous quarter. GlobalData identified eight big data-related sentences in the company's filings - 0.5% of all sentences - and an increase of 167% in Q1 2024 compared with Q1 2023. Danone’s mentions of big data rose by 150% to 5 and Nestle’s by 44% to 5 and Haleon’s by 200% to 3.
GlobalData’s Company Filings Analytics also applies sentiment weight to reference sentences, based on whether the sentences are positive, negative, or neutral. Starting at 100 in 2020, an index over 100 is more positive. The overall index for big data in Q1 2024 was 80.
For further understanding of GlobalData's Consumer: Filings Trends & Signals Q1 2024, buy the report here.
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