Tag «Spending»

Mining and Metals Companies to Increase Spending on Digital Technologies to Boost Innovation, But Cost-Savings Still a Challenge, New Accenture Research Reports

With increased IT/OT integration, resolving data security concerns is high on miners’ agenda   NEW DELHI; May 12, 2017 – Four of five mining and metals companies expect to increase their spending on digital technologies over the next three years, with more than one-quarter (28 percent) planning significant investments and almost half (46 percent) citing …

How Automation Hurts American Unemployment & Spending

Rapid technological advances will spread a new wave of automation across the U.S., increasing unemployment, depressing American consumer spending and further shrinking the middle class. CHICAGO-(June  17, 2014)-“When a worker is replaced by a machine or computer, a consumer is lost.  The machine or computer that replaces the worker is part of the production cycle, …