Industry News

Accounting

QBO (QuickBooks Online) subscribers rose 170,000 to 2.55 million in Q1 as Intuit capitalized on increased small business usage of the cloud. (CFO)

http://ww2.cfo.com/financial-performance/2017/11/quickbooks-online-powers-intuit-sales-surge/

Information Systems

The U.S. Justice Department charged three Chinese computer security experts with hacking and stealing materials from Moody’s Analytics, Siemens, and Trimble, a GPS technology firm. (Industry Week)

http://www.industryweek.com/technology-and-iiot/us-charges-three-chinese-hacking-siemens-moodys-trimble

Supply Chain Management

An enterprise-wide digital supply chain can lead to a 20% reduction of procurement costs, a 50% reduction in supply chain costs, and an increase in revenue of 10%. (Industry Week)

http://www.industryweek.com/supply-chain-technology/supply-chains-need-turn-digital-frontside

Marketing Analytics

Tesla Inc.’s unveiling of a new electric truck showed Elon Musk can match Steve Jobs’s ability to wow the tech crowd with a glimpse of the future. (Industry Week)

http://www.industryweek.com/emerging-technologies/tesla-semi-could-threaten-chunk-oil-demand-if-it-works

Finance

Average net interest margin reached its highest level since late 2012 as banks continued to benefit from rate hikes. (CFO)

http://ww2.cfo.com/banking-capital-markets/2017/11/bank-profits-rise-interest-spread-hits-3-30/

Business & Management

Uber’s concealment of the breach increased the cyber risk of drivers and customers, as well as the potential loss of trust from investors and governments. (CEO)

http://ww2.cfo.com/disclosure/2017/11/uber-disclose-data-breach/

 

Business Analytics

Rolls-Royce Holdings Plc is joining Airbus SE and Siemens AG in their quest to develop a 100-seat hybrid electric aircraft, giving the British engine maker a seat at the table of a potential promising aviation technology. (Industry Week)

http://www.industryweek.com/emerging-technologies/rolls-joins-siemens-airbus-get-hybrid-jet-flying-2020