PwC, Carnegie Mellon University Launch Innovation Center

The center will harness cutting-edge research for real-world application.

PwC US (No. 5 on the DiversityInc Top 50 Companies list) and Carnegie Mellon University have announced the establishment of the new Risk and Regulatory Services Innovation Center, which will advance how businesses use technology to solve organization-wide issues and address compliance requirements.

Leveraging PwC's client engagement experience with CMU's world-class research, faculty and students, the center will support and perform education and non-federal research in risk and compliance-related issues across sectors, specifically audit innovation, data analytics, information privacy and security. CMU faculty, staff and students will work closely with PwC resources to develop and test next-generation solutions for these sectors.

PwC is initially investing $11 million into the new center, including a faculty chair and fellowships, with potential funding of $31 million over five years. PwC and CMU also are developing executive training courses for chief risk officers and chief privacy officers.

"Leveraging our client leadership with Carnegie Mellon's research leadership is a sure-fire proposition," said Dean Simone, U.S. Risk Assurance Leader. "We're investing in a future where our clients in both non- and regulated industries and public safety can maximize technology to solve their biggest challenges. This relationship aligns to our purpose statement: building trust in society and solve complex business problems."

"We are excited at this opportunity to work with a global leader like PwC to solve real-world business problems," said CMU President Subra Suresh. "Our thought and research leadership in technology with PwC's strategic and real-world expertise will make a difference around the world and bring valuable experience and resources to our faculty and students."

CMU's internationally renowned strengths, ranging from artificial intelligence, robotics and cybersecurity to the performing arts and technology-enhanced learning, allow for a multidisciplinary approach to meet society's challenges. CMU's technology expertise continues to receive significant attention from industry, which has led to agreements with more than 350 U.S. companies.

Extending People’s Working Lives Could Add US $3.5 trillion to OECD GDP in Long Run - PwC

Retraining and lifelong learning will be critical to enable older workers to take up the many new job opportunities that AI and related technologies will create.

Originally Published on PwC.

Extending people's working lives to reflect the ageing of their populations could release massive untapped value for their economies to the tune of US$3.5 trillion across the OECD as a whole in the long run.

Read More Show Less

PwC: Trending Now in Entertainment & Media: Convergence, Connections and Trust

Players in all sectors are adapting to disruptive changes in the competitive environment, consumers' habits and public expectations

Originally Published by PwC.

According to PwC's Global Entertainment & Media Outlook 2018-2022 (Outlook), the ongoing rapid evolution of the industry has entered a dynamic new phase. Amid growth that is broad-based and consistent – but unevenly distributed – three imperatives are affecting every company in the industry: convergence, connecting with consumers and the need to build trust.

Read More Show Less

PwC: New Models for Policing Emerge as Law Enforcement Moves to Tackle Unprecedented Challenges

Use of digital strategies and data, as well as creative partnering with public and private partners seen as vital to helping police tackle borderless criminal activity.

Originally Published by PwC.

New models for policing harnessing data, digitization, public and private sector organizations, and more diverse skills, offer law enforcement opportunities to improve how they tackle unprecedented emerging challenges from global criminal activity.

Read More Show Less

PwC: A Moment of Respect and Reflection this Memorial Day

Our veterans represent natural and authentic leaders, who are self-driven, goal-oriented and transparent communicators.

Originally Published by LinkedIn.

By Timothy Stoner

Our Remembrance

First and foremost, I wanted to take a moment to provide my personal gratitude and solemn respect for all of the women and men who have given their lives in the protection of the United States, our freedom and for the citizens of this great Nation.

Read More Show Less