ByMcKinsey & Company
Posted on - McKinsey & Co means that few fiscal opportunities are bigger than reducing revenue leakages from tax and payment abuse. And now, new sources of data and new analytics tools are giving governments the upper hand.
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The Economist reports on the extent to which 3D printing may help entrench the world’s engineering giants in the 21st Century. But these engineering companies are picky about terminology in this regard, for reasons encompassing the fact that the technology itself has now moved beyond the development labs. Indeed, 3D printing is now being used…
On August 6th 2012, NASA’s staff had legitimate cause for celebration. The Curiosity Rover, the largest and most high-tech rover ever destined for Mars, landed on the planet successfully. While the landing process was understood to be extremely complex, the landing unfolded as planned. The result is that a car-sized robot was able to deliver…
The effects of the global pandemic have been transformative on a scale and in a way not seen in most people’s lifetimes. Perhaps the most dramatic transformation is how quickly society, as a whole, has moved from engaging in close proximity to one another to being more distant; heavily relying on telephony and digitalization in…
In Germany, the Erich Utsch AG plant is building a staple of American prisons: the equipment convicts use to crank out vehicle license plates. Utsch, with its niche product and exporting zeal, is one of the 3.7 million small and medium-sized companies driving Europe’s biggest economy. The son of the company’s founder, recently revealed their international…
What is Moore’s law, you ask? Well, Moore’s law states that the number of transistors on a chip doubles every two years. What is the relation between Moore’s law and the cost of a chip? Well, the Economist contends that even after Moore’s law ends, chip costs could still halve every few years. That crucial features…
The Economist attempts to rethink “low-cost” and “high-cost” manufacturing locations with the publication of this article. In terms of manufacturing and when managers are choosing where to locate a new factory, their decision depends on many things – with cost being one important factor. And with currencies constantly moving too, yesterday’s low-cost location may turn…
