Operational technology security is the hottest issue in manufacturing – How can we protect it from cyber risks?

November 19, 2019
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By Chad Gray, Harshul Joshi, and Aaron Schamp Industrial companies are immersing themselves in the Fourth Industrial Revolution and increased automation has led to significant efficiency improvements within these organizations. However, this digital transformation shift is also presenting opportunities for the cyber world to take advantage of these companies, especially those that still have – […]

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A tax technology strategy and tax professional upskilling are critical to leveraging emerging technologies

November 12, 2019
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By Chris Kontaridis, Mark Nadel, and Nancy Hsieh What things are critical for tax functions to successfully leverage emerging technologies? PwC and the Manufacturers Alliance for Productivity and Innovation (MAPI) recently collaborated on a survey to determine just that. Here are a few of our findings. Tax functions in the manufacturing industry continue to rely […]

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Three steps to building cyber resilience

November 5, 2019
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By Joe Nocera and Aaron Schamp As digital is increasingly integrated into business practices, companies are facing significant vulnerability to cyberattacks. And so they are overhauling strategies to protect themselves from cyber disruptions. How are they doing that? We asked more than 3,500 firms globally about their resilience strategies and the standards they’re aiming for. […]

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A Small Bright Spot in Q3 M&A Activity for the Engineering & Construction Industry

October 25, 2019
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By Colin McIntyre The number of M&A deals for engineering & construction (E&C) companies picked up during the third quarter of 2019, reversing a yearlong trend of quarterly declines and reflecting improving underlying sentiment of the opportunities in the sector. It’s not all rosy though as deal value continued the declining trend the sector has […]

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Scale Transactions will Continue to be the Focus for the Industrial Manufacturing Sector

October 24, 2019
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By Paul Elie and Bobby Bono Macroeconomic factors – the trade war, slow GDP growth and high valuations – continue to affect the M&A environment across the industrial manufacturing industry.  The latest September numbers from the Institute for Supply Management also showcase the struggle the sector is experiencing with the U.S. manufacturing purchasing managers’ index […]

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Adoption of emerging technology can help manufacturing tax functions improve efficiency and productivity

October 7, 2019
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By Chris Kontaridis, Mark Nadel, and Nancy Hsieh The current global economic and tax climate is causing unprecedented change to tax functions in the manufacturing industry. The impact on each tax function will be different, but certain trends, including rapid technological change, are prompting tax functions in manufacturing to reassess their adoption of emerging technologies. […]

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Is 3D printing of metals about to take off?

September 25, 2019
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By Miguel Smart The use of metals for 3D printing (or 3DP, also known as additive manufacturing) has been slow to catch on. Currently, for most applications, metals 3DP is more costly than traditional manufacturing, especially because parts have to be redesigned for the technology. But as the use of 3DP increases, resulting in lower […]

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August housing starts above expectations, highest level in over 12 years

September 18, 2019
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By Scott Volling August housing starts and permits were released today, with both numbers blowing away expectations. Starts came in at 1,364,000, 9.1% above the consensus of 1,250,000, 12.3% above last month’s upwardly revised 1,191,000 and 6.6% above a relatively solid 1,279,000 in August of last year. Permits also positively surprised, coming in at 1,419,000, […]

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Can upskilling help A&D companies continue to thrive?

September 12, 2019
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By John Karren & Miguel Smart The A&D sector is thriving as demand for air travel increases along with growing worldwide defense needs. But to fulfill customer expectations, the sector has to continue to innovate—and innovation requires digital acumen. With fierce competition for that talent, companies are boosting their efforts to attract and retain people […]

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Talking Tax recap: Tax policy, taxing the digital economy, and the recently released GILTI regulations

August 27, 2019
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By John Livingstone I recently hosted the latest installment of our popular quarterly ‘Talking Tax’ webcast series. This episode covered a number of relevant topics, including tax policy, taxing the digital economy, and the recently released GILTI regulations. Below are some of the highlights from the webcast. Tax policy Todd Metcalf, a principal in our […]

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