Mintek brings you the latest in EAM/CMMS systems and news in the major cable industries each week from around the globe. Learn how these new developments in EAM/CMMS and cable can affect your business or home.
EAM/CMMS news in the U.S.
This week’s news focuses on auto recalls and how retirement in the maintenance industry is pushing CEO’s to look at CMMS implementation.
- How To Navigate Employee Turnover With A Mobile Computerized Maintenance Management System by Paul Lachance, According to a recent MAPI study, nearly half of all CEOs and presidents in the manufacturing industry say baby boomer retirements hurt their business. With a presumed 10,000 baby boomers retiring daily, the financial and operations repercussions of this turnover are extreme and the use of a CMMS could help this problem.
- Takata to Book Additional Loss of $156 Million Over Air-Bag Recalls by Yoko Kubota, Takata Corp. said May 2nd it is set to book an additional $156 million in extraordinary loss for the financial year ended March because of product-warranty costs related to air-bag recalls.
Cable News around the Globe
This week’s cable updates focus on acquisitions, new mobile challenges, and updates on the New Charter deal.
- TWC Sees IP Video Progress by Alan Breznick, As it prepares to exit stage right, Time Warner Cable is hoping to leave behind one last technical achievement — the development of an IP-only TV service.
- Rovi Reels in TiVo for $1.1B by Mari Silbey, What a ride for TiVo. The famous DVR company founded in 1997 is being snapped up today by TV software company Rovi in a deal worth approximately $1.1 billion.
- Rutledge Sets Stage for New Charter by Mari Silbey, Rutledge expects Charter to close on its acquisitions of Time Warner Cable and Bright House Networks within days of regulatory approval,and he announced that New Charter will keep its historical name.
- Comcast Takes a (Tera)Byte Out of Caps by Mari Silbey, Comcast first put an Internet usage cap in place in the fall of 2008, and while broadband speeds have risen dramatically since then, Comcast’s data cap has remained relatively steady, topping out in most markets at 300GB per month. Until now.
- Comcast Can’t Be Beat on Broadband by Mari Silbey, Comcast is a broadband behemoth. After reporting the addition of 438,000 new subscribers in the first quarter, the cable company now has 23.8 million Internet customers in total. That’s a jump of nearly 2 million Internet subscribers in two years.
- Cable’s Mobile Enterprise Challenges by Alan Breznick, If cable operators really want to take advantage of the promising mobile enterprise opportunity that lies before them, then they had better start tackling some of the key hurdles that are standing in their way right now.
- Comcast Nabs DreamWorks for $3.8B by Mari Silbey, A day after a report surfaced suggesting Comcast’s interest in an acquisition, the cable company announced April 28th that its NBCUniversal LLC division will buy out DreamWorks LLC in a deal valued at $3.8 billion. Assuming regulators approve the transaction, Comcast expects to close the buyout by the end of the year.
- Charter Jumps Gun on TWC Restructuring by Mari Silbey, Although Charter is still waiting on official approval to acquire Time Warner Cable and Bright House Networks, integration plans for both MSOs are already well underway.
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