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"There seems to be real value added" by the hands-on pumping, Morton said.
So is one important measure of output: real value added (see first set of charts).
"Being able to leverage the information in databases is real value added, and customers are willing to pay for that," Mr. Callan said.
Arguably, the real value added in information technology is in the software, not in the hardware, and this will only become more certain over the next few years.
The U.S. industrial sector is emblematic of the deindustrializing strain of recent transformation: CO2 emissions dropped by 20% between 2000 and 2015, while the sector shed 5 million jobs and increased real value added by 14%.
Real value added in manufacturing, the most precise measure of its contribution to the economy, has grown by more than two thirds since its heyday in 1979, when manufacturing employed almost 20 million Americans — eight million more than today.
Similar(47)
That way everyone can move on and focus on real value add opportunities.
I feel that unless my team sees real value add in taking me out to meet clients or if a client specifically wants a commitment from me, my team is perfectly capable of handling things.
Come January, when Facebook at Work is launched, the feature set they decide on will show where they see the greatest value and if they believe, as I do, that the real value add that enterprises are looking for today is action and access to institutional knowledge.
But WillCall's real value-add is solving the other two problems.
Our view is the real value-add is being able to monitor and manage all of this.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com