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Technology is transforming work and the way we do business

7/17/2017

 
Picture

​Tim Sheehy

​President of MMAC
​"Many of our members –
both large and small –
are not only keeping up
with technology, they’re
creating the next wave of
innovation."
​Take Rockwell Automation for example. The company was founded in 1903 here in Milwaukee and for the next 100 years it provided the bulk of discrete resistors used for electronics and other products. Fast forward to 2016 and Rockwell no longer considers itself a manufacturer, but a technology company.

“The past 12 years have been transformational for Rockwell Automation,” said Donald Parfet, lead director at Rockwell. “We’ve become a global technology leader and the world’s largest company dedicated to industrial automation and information. Equally important, we are well positioned to accelerate our evolution with industry-leading innovation that improves our customers’ global competitiveness.”
There was a time, not that long ago, when technology was something you “plugged in” to your business. A faster computer, a more sophisticated phone system or a new software platform.

Today, technology is not an isolated tool, but a way of life, both personally and professionally. For most of us, it’s hard to keep up with the latest developments. But many Many of our members – both large and small – are not only keeping up with technology, they’re creating the next wave of innovation.
​

​Transformation to a technology led business model can be intimidating, and it is not without risks. The sheer amount of data being received, sent and collected leaves companies vulnerable to cyber-attacks. More than 80% of U.S. companies have been successfully hacked, according to a Duke University/CFO Magazine Global Business Outlook Survey!

What can you do to mitigate the risks and capitalize on the developments? Start by tapping into your MMAC network. In this issue, you’ll read about a number of member companies that are utilizing tools in new ways and provide tips on protecting your data. They can help you keep up and get ahead — making our region's business community more competitive and ahead of the ever-changing technology curve.

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  • Membership
    • Gain visibility >
      • Advertising
      • Event Sponsorship
      • Lead generation
    • Grow & strengthen your biz >
      • Executive roundtable program >
        • Roundtable News
      • Food and beverage manufacturers
      • Focus on the Future Awards
      • Future 50 Awards >
        • Future 50 winner archive
      • Leadership Council
      • International >
        • Global Business Insights series
        • Wisconsin International Trade Conference
        • Benefits of WTA membership >
          • Join WTA now
        • WTA member directory
        • Global Pulse - eNewsletter Archive
        • WTA events
        • Volunteer leadership
      • Roundtables for high-growth companies
      • Small business >
        • Council of Small Business Executives
      • Young professionals
    • Improve the business climate
    • Invest in our community
    • Cost Savings programs >
      • Certificates of origin
      • Health insurance plan
      • Office supply discount program
    • Join now
    • Request More Information
    • Members only >
      • Member Orientation
      • Submit an event
      • Submit news about your company
      • Update email preferences
      • Promote your MMAC membership
  • Events
    • MMAC event calendar
    • Event photos >
      • 2020 Golf Outing
    • Community events calendar
    • Submit an event
    • Sponsorship
    • 2019 MMAC All Member Meeting
  • Talent Pipeline
    • Grow your talent pipeline >
      • Business tours for students
      • Career-based learning
      • Manufacturing CAREERx
      • Technology Education & Literacy in Schools (TEALS)
    • Attracting & retaining young professionals
    • Professional development
  • Diverse Talent
    • The Business Council
    • Hispanic Collaborative
  • Advocacy
    • Miller Park economic impact study
    • Legislator voting records
    • Pro-business public policy agenda >
      • Talent
      • Growth
      • Livability
      • Small business legislative agenda
    • Education recommendations >
      • Supportive policies
      • Quality schools
      • Effective Educators
      • Community engagement
    • Ranking Milwaukee County Schools
  • Economic Growth
    • Attracting & retaining businesses
    • Food & beverage cluster
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee EB-5 Visa program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Metro Milwaukee reports
    • Starting a business >
      • BizStarts
      • New business planning guide
  • About the Region
    • 2020 Navigate Business MKE
    • Benchmarking metro MKE
    • Business outlook survey
    • Economic Trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About MMAC
    • Board of directors >
      • New 2021 Board Members
    • Contact us
    • Members of the media
    • Publication archive >
      • News Archive
      • Press Releases
      • Milwaukee Commerce magazine
    • Scholarships for minority students
    • Staff
  • Member Directory
  • Member Login
  • COVID-19 Resources
    • Health & Safety Toolkit >
      • Employer Outbreak FAQs
      • Testing FAQs
      • Preparing for the 2nd wave
      • Health & Safety Checklist
    • Business Strategies webinars