Manufacturers are investing heavily in digital ecosystems…but where will they get returns?

June 21, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader As mentioned in our previous blog post, manufacturers are dialing up their digital spends – creating connectivity and efficiencies on their factory floors, throughout their supply chains, and with their customers. Our recent white paper describes the course they’re on. Consider that in the last two years, […]

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Tailwinds 2016 – Surging airline profits: Now what?

June 16, 2016
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By: Jonathan Kletzel, US Transportation & Logistics Leader, PwC Low fuel prices continue to boost the profits of the global airlines industry. Our recent look at airlines industry trends shows net and operating margins at record highs. So now airlines have the enviable challenge of what to do with their profits. Some airlines have already […]

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The smart factory is only as smart as its workers

June 15, 2016
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By: John Karren, US Industrial Products People & Organization Leader, PwC and Gardner Carrick, Vice President, Strategic Initiatives, Manufacturing Institute Who’s disrupting whom? That question has reached peak-hype in the last year as industries brace for the next big quake of disruption from a new technology (Internet of Things, anyone?) or a new start-up or […]

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A mixed bag: Global economic factors vary in their impact on effective tax rates, according to 2016 benchmarking study

June 7, 2016

By Michael W. Burak, US & Global Industrial Products Tax Leader We recently issued the latest findings of our Assessing tax benchmarking analysis. The study examines the effective tax rates (ETRs) of 290 industrial products and services companies and provides insight into key industry trends. Reflecting global economic factors present in 2015, the average ETR […]

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Aerospace and defense industry reports decline in revenue and profit in 2015 but remains strong

June 2, 2016
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By Scott Thompson, US Aerospace & Defense Assurance Leader, and Chuck Marx, US Aerospace & Defense Leader Impacted by the strong U.S. dollar, the aerospace and defense (A&D) industry reported lower revenues and profits in 2015 compared with 2014, ending a run of five consecutive years of record revenue and operating profit. Revenue decreased by […]

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Wearable technology in the connected factory of the future

May 24, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader From 3D printing to robotics to sensors, manufacturers have already made an impressive headway in adopting new technology on the factory floor. Another connected device that’s shaping the Factory of the Future is wearables – small accessories that help people and machines connect – designed to merge […]

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Texts from a trash can, and the new digital culture

May 19, 2016
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By Robert McCutcheon, Partner, US Industrial Products Leader; and Kumar Krishnamurthy, Principal, Strategy& Manufacturers are going digital in a big way, creating a digital ecosystem that’s blurring the line once separating physical and digital worlds. Consider a crane toiling away in Australia and sensing something’s off – say, wonky brakes – then alerts the manufacturer […]

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The chemicals industry is facing lots of challenges, but CEOs agree that opportunities abound

May 10, 2016
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By Pam Schlosser, US Chemicals Industry Leader This is a tough environment for chemicals CEOs, but according to industry-specific data from PwC’s latest Global CEO Survey, many still see opportunities for growth increasing over the long term. In fact, 71% of chemicals CEOs say there are more opportunities for growth than there were three years […]

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Industrial manufacturers should set sights on digital operations, not just products

May 3, 2016
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By Michael Kinder, PwC’s Strategy&; and Bobby Bono, US Industrial Manufacturing Leader, PwC Most industrial manufacturers today are paying attention to the potential that could result from digitizing products and services. As a result, these conversations are dominating C-suite discussions as boards push to find new ways to grow revenue and disrupt markets. Our clients […]

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The future of aerospace in Southern California

April 28, 2016
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Preparing an ecosystem in Southern California for competition in an evolving aerospace industry By Bill Lay, Partner; Mike Quindazzi, Director; and Mike Goulet, Manager The aerospace industry is currently undergoing a technological transformation. This is especially evident in Southern California, where demand for new, emerging technologies – like autonomy, artificial intelligence (AI), cloud computing, cybersecurity, […]

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