Slight increase in July housing starts, reflective of builder sentiment

August 16, 2018
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By Scott Volling Housing starts for July came in at 1,168,000, 7.3% below the consensus of 1,260,000 and only 0.9% above last month’s number of 1,158,000, which was revised down by 15,000 units.  This is the worst two month stretch for starts since April/May of last year.  Permits fared only slightly better, coming in at […]

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Aerospace & Defense sector well positioned to tackle cyber crimes

August 3, 2018
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By Scott Thompson and Todd Ranta As you may expect, the aerospace & defense (A&D) industry is ahead of other sectors related to its awareness of the complicated nuances of fraud and is taking more aggressively steps to address their concerns. This realization is putting A&D ahead of the pack when it comes to having […]

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Industrial manufacturers: Take the leap and create strategies for IoT investment

August 1, 2018
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By Bobby Bono and Barry Jaruzelski Industrial manufacturers cannot only rely on traditional machinery for revenue streams anymore. They realize that customers are increasingly seeking improved efficiency and production transparency from connected technologies and digitization – but getting there is the challenge. Our recent survey revealed that 72% of manufacturing companies are increasing their level […]

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Megadeals Making a Comeback in the Industrial Manufacturing Sector?

July 26, 2018
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By Paul Elie and Bobby Bono The industrial manufacturing sector saw its first megadeal (transactions worth more than $5 billion) in six quarters, disclosing a value of $11.1 billion in the second quarter of 2018. Here’s a quick snapshot of Q2 deal activity in the industrial manufacturing sector: Deal value increased 68% from the first […]

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Engineering & construction firms see dual threat in cybercrime and corruption

July 20, 2018
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By Mike Sobolewski and Todd Ranta In the ever-changing threat landscape engineering & construction (E&C) companies must face on a daily basis, one leading threat is relatively new while another is as old as the industry itself. When E&C organizations were asked in PwC’s 2018 Global Economic Crime Survey to name the most disruptive threats […]

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Decline in June housing starts

July 18, 2018
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By Scott Volling Housing starts for June came in at 1,173,000, 11.1% below the consensus of 1,320,000 and 4.2% below last year’s 1,225,000.  Permits did not fare much better, coming in at 1,273,000 which is 4.2% below the consensus of 1,329,000 and 3% below last year’s 1,312,000.  Single family starts were 858,000, fairly proportionate to […]

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Why is 2018 the year of the robot?

July 11, 2018
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By Steve Pillsbury Robots – and automation in general – have been riding a steep maturity curve in the last several years. Adoption rates are up. They’re getting smarter, doing more, and becoming more affordable. The “factory of the future” has become an established buzzword, and the rise of the robots is now conventional wisdom. […]

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Digital champions do not win alone

June 27, 2018
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By Ryan Van-Low, Juliane Stephan, and Steve Pillsbury Transformation of a company’s digital operations isn’t easy and requires companies to build new capabilities. A clear takeaway from our Global Digital Operations Study 2018 is that digital champions are not winning alone – rather, they excel because of their ability to orchestrate complex ecosystems to their […]

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Manufacturing companies are wary of internal fraud

June 21, 2018
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By Bobby Bono and Todd Ranta Today’s organizations face a perfect storm of fraud related risks – internal, external, regulatory and reputational. In PwC’s latest Global Economic Crime and Fraud Survey, we gathered responses from more than 7,200 clients and third-party participants across 123 territories – with more than 800 responses from manufacturing companies – […]

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Strong results for May housing starts, highest level since 2007

June 19, 2018
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By Scott Volling Housing starts for May came in at 1,350,000, the highest level since July of 2007.  This is 3.1% above the consensus number of 1,310,000, 5% higher than last month’s revised 1,286,000, and over 20% higher than May of last year, which was somewhat of an anomaly at 1,122,000.  Importantly, the single family […]

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