For US manufacturers, the IIoT future is now: Part 2

September 25, 2017
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  By Bob McCutcheon and Jenn Callaway  Monetizing IIoT: Four business models for manufacturers It’s safe to say that the Industrial Internet of Things (IIoT) has crossed into the mainstream. In part 1 of this blog series on monetizing IIoT, we shared some findings from PwC’s recent white paper, developed with the Manufacturers Alliance for […]

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August housing starts: Impacted by hurricanes

September 19, 2017
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By Scott Volling August housing starts came in at a seasonally adjusted rate of 1,180,000, slightly above consensus of 1,175,000 and 1.4% higher than August of 2016.  While August was slightly lower than the July number, July was revised upward by a strong 35,000 to 1,190,000.  Permits, a leading indicator of future activity, were 1,300,000, […]

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Can the Aerospace & Defense industry surmount its workforce issues?

September 19, 2017
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By Jim Adams I’ve recently had an opportunity to discuss workforce issues with some of the industry’s top company executives. They talked frankly about how to recruit and retain talent, especially people with the STEM skills that are so highly prized in many different industries. They also discussed how best to ensure the transfer of […]

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For US manufacturers, the IIoT future is now: Part 1

September 18, 2017
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By Bob McCutcheon and Jenn Callaway The Industrial Internet of Things (IIoT) era has arrived. Tractors are sending data on soil and weather conditions to be analyzed and used to optimize farming. In our homes, it seems anything equipped with sensors and internet connectivity can smarten up our daily lives. Indeed, one estimate places the […]

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New autonomous vehicle legislation a promising step toward innovation, and away from partisan politics

September 7, 2017
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By Brandon Mason The US House of Representatives has unanimously passed H.R. 3388, known as the SELF DRIVE (Safely Ensuring Lives Future Deployment and Research in Vehicle Evolution) Act, this week. Clever, right? Before anything else, take a step back and appreciate how seldom it is that legislation of this magnitude is unanimously approved given […]

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Industrial’s shift to software-centric business: A key ingredient to digital transformation

August 29, 2017
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By Barry Jaruzelski and Steve Eddy Industrial companies are facing a future that requires them to transform themselves into digital companies with critical capabilities in designing, developing and delivering software. The shift to a software-centric model is inevitable and irreversible and is significantly disrupting traditional industrial markets and companies. In our recent white paper, “Software […]

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Can airlines sustain their profitability? The key is flexibility

August 22, 2017
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By Jonathan Kletzel, PwC For the second year in a row, the airline industry showed record profit and operating margins, bolstered by strong ancillary revenue growth. But passenger and cargo yields declined for a fifth straight year, indications that demand is softening and capacity increasing. If this trend continues, with the supply of seats exceeding […]

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July housing starts: Disappointing, but there’s room for optimism

August 16, 2017
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By Scott Volling July housing starts came in at a seasonally adjusted rate of 1,155,000, 5.3% below the consensus of 1,220,000 and 5.6% lower than July of 2016.  With June starts generating optimism after halting three straight months of declines, the July data is disappointing and may indicate that full year projections of 1.25M to […]

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2017 analysis of favorable states for aerospace manufacturing

August 16, 2017
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By Scott Thompson The long-term forecast for the aerospace and defense industry looks bright, with the industry having reported a notable increase in both revenues and profits for 2016. Air passenger travel is exceeding expectations and there is demand for increases in aircraft, engine and parts manufacturing. As aerospace companies continue to expand, they will […]

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Gleening insights from ‘Talking Tax’ participants during these unpredictable times

August 10, 2017
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By John Livingstone In our continued effort to address critical issues that are pertinent to senior tax executives, we hosted the 27th installment of ‘Talking Tax.’ A primary theme of this executive webcast series  is adapting to change and managing risk in the context of tax reform. In addition to sharing insights regarding the potential […]

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