New-Tech Europe Magazine | Q1 2021

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new partnerships and collaboration across the supply chain,” said Jamie Dinsmore, Vice President and Country Manager, Canada at Siemens Digital Industries Software. “We are proud to partner with MaRS to empower Canadian startups by providing data management and simulation tools they can use from the beginning of their journeys, which can enable traceability, collaboration and early design validation that can improve product delivery and success.” For further information on Siemens’ solutions for startups, please see here. Siemens Digital Industries Software is driving transformation to enable a digital enterprise where engineering, manufacturing and electronics design meet tomorrow. The Xcelerator portfolio helps companies of all sizes create and leverage digital twins that provide organizations with new insights, opportunities and levels of automation to drive innovation. For more information on Siemens Digital Industries Software products and services, visit www. sw.siemens.com or follow us on LinkedIn, Twitter, Facebook and Instagram.

A&D and automotive sectors saw double-digit sentiment growth in Q4 2020, says GlobalData

possible production ramp-up and the return of Boeing’s 737 Max. Not to mention that positivity around defense expenditure is likely to have driven sentiments for defense companies.”

The aerospace & defense (A&D) and automotive sectors had the highest earnings transcript sentiment growth in Q4 2020 verses Q3, according to the filing analytics database by GlobalData, which identified a respective 13% and 12%

On the other hand, the automotive sector witnessed adverse impacts due to COVID-19 in Q2 2020. However, pent-up demand in Q3 and Q4 2020 seems to have moderated the declines. Pereira adds: “GlobalData does not expect light vehicle production to reach pre-COVID levels until 2023. That said, themes such as sustainability and electric vehicles influenced sentiments in Q3 and Q4 2020. It is also evident from the fact that with several companies facing uphill battles. Tesla is in the driving seat, gaining multifold in its market cap.”

growth. Rinaldo Business

Pereira,

Senior

Fundamentals Analyst at GlobalData, says:

Source - Company Filing Analystics Database

“Stoppage of travel and stay-at-home orders had lasting effects on commercial aerospace. Discussions around ‘production’ and ‘supply chain’ issues in the A&D sector rose by over 25% in 2020, compared to 2019. However, defense expenditure did not face declines in 2020, according to GlobalData’s A&D market database, and is likely to grow by around 7% in 2021. “In Q4 2020, the A&D sector witnessed around double- digit sentiment growth due to the positivity around Airbus’

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