Accenture using a “new way” of measuring corporate competitiveness
Industrial companies, such as automotive manufacturers, could unlock billions of dollars in revenue by adopting a more “holistic strategy”, according to a new report by Accenture.
The business management consultant conducted a survey into competitiveness in industry and found that the best approach is one that places equal emphasis on growth, profitability, sustainability and trust.
This “inter-dependent” strategy “yields massive growth potential”, says Accenture, which bases its conclusions on analysis of 47 automotive and industrial companies’ performances.
Despite headwinds in the global economy, internationalisation will continue to drive the growth of companies in the engineering consultancy sector as infrastructure demand remains strong globally.
Meinhardt Group, a global engineering, planning and management firm, is working closely with International Enterprise Singapore, the government agency partnering Singapore companies in going global, on its expansion strategy to Africa and the Middle East.
China-based investment expert Edward Tse, CEO of Gao Feng, says Chinese manufacturers have progressed from being considered “shanzai” – copycats – to embracing the idea of becoming developers of advanced robotics and automation systems
Chinese electrical appliance manufacturer Midea’s move to acquire Kuka, the German robot maker, could be a defining moment in the evolution of China’s manufacturing sector.
China’s reliance on low-cost, labour-intensive manufacturing to power its immense economy is no longer attractive, mainly due to the rise in labour and other costs.
Beginning a new series of articles about investing in robotics and automation, Brian Gahsman, managing partner and chief investment officer at GBSfunds.com, explains how his company, Gahsman Branton, approaches the market
Robotics and Automation News: Tell us about GBS Funds and what its aims are. Tell us about the composite and investment fund for the “robotics revolution” as you call it.
Brian Gahsman: GBS Funds is an investment management company which was started by Rob Branton and myself this year. We are launching our first fund, the GBS Global Innovations Fund on October 1st 2016.
The fund’s main focus is investing in companies worldwide which play a critical role in the global robotics and automation revolution. The strategy will also invest in game changing innovations across other diverse industries and sectors.