News
News Home
Quick Bites
Exploradio
News Archive
News Channel
Special Features
NPR
nowplaying
On AirNewsClassical
Loading...
  
School Closings
WKSU Support
Funding for WKSU is made possible in part through support from the following businesses and organizations.

Lehmans

Akron Children's Hospital

Hospice of the Western Reserve


For more information on how your company or organization can support WKSU, download the WKSU Media Kit.

(WKSU Media Kit PDF icon )


Donate Your Vehicle to WKSU

Programs Schedule Make A Pledge Member BenefitsFAQ/HelpContact Us
Economy and Business


Diebold is expected to reveal more plans today
Growth in security systems and monitoring may be highlighted along with other ways to streamline operations
by WKSU's M.L. SCHULTZE


Web Editor
M.L. Schultze
 
In The Region:

Diebold is expected to reveal a bit more about its future at a conference in New York today. WKSU’s M.L. Schultze has more on the questions that may be answered.

LISTEN: Previewing Diebold

Other options:
Windows Media / MP3 Download (1:00)


During its third-quarter earnings call two weeks ago, Diebold acknowledged its losses in 2013, promised investment in 2014 and projected profits in 2015.

Last week, the company announced a partnership with IT companies Infosys and Oracle to help streamline supply chain and financial operations. 

Today, Diebold is expected to add a lot of detail to all of that during what it calls its “investment community conference.”

CEO Andy Mattes, who took over the troubled Green-based company in June, confirmed to one analyst during the earnings call that sales of commercial security systems are a growing part of Diebold’s business and that ongoing contracts to monitor those systems is a big area of growth. 

“You’re spot on. That’s exactly where we’re going. Now as you know these are longer sales cycles. It’ll take time before these things show up on the revenue side, but we’re very heavily focused on generating a bigger backlog on recurring monthly revenue and we’re encouraged with the early results by what we’re seeing so far."  

Diebold makes ATMs and security systems. Last fall, it announced it was suspending plans to build its new world headquarters in Green, and this spring announced it is eliminating 700 jobs as part of the move to cut $150 million in costs worldwide.

.

 

Add Your Comment
Name:

Location:

E-mail: (not published, only used to contact you about your comment)


Comments:




 
Page Options

Print this page

E-Mail this page / Send mp3

Share on Facebook




Stories with Recent Comments

Another Indians season opens with Chief Wahoo under scrutiny
The picture you have for Robert rocha is not him. He has long hair. No idea who that guy is in that picture

Portman predicts McDonald's confirmation, but says it won't be easy
I sent the following note to Senator Blumenthal after reading commentary from yesterday's hearing: Senator, You certainly have the right to ask Mr. McDonald que...

Seven minutes changed everything, but what changed Ashford Thompson?
He shot the guy four times in the head. I have never been that drunk or mad, and I have been through it. Shoot a guy once is bad, maybe a mistake, shoot a guy f...

First cricket farm in the U.S. opens in Youngstown
I am interested in cricket flour to replace soy flour in a low carbohydrate diet. As soon as you have cricket flour available for the average person, please le...

New process starts digesting sludge in Wooster
Awesome! When do our sewage rates decrease accordingly?

Akron's Chapel Hill Mall in foreclosure
Not a surprise. Between the shoplifting, gangs and violence that goes on up there it is no wonder that no one feels safe to shop at Chapel Hill. They have sca...

Ohio launches investigation into at least one Concept charter school
I worked at Noble Academy Cleveland as admin assistant and enrolment coordinator for 6 years, I know this is so valid and true and can provide staff names and p...

Crisis looms in filling aviation industry jobs in Ohio and the nation
I listened to this story yesterday morning on the radio and just want to add this comment. My son went to school to train as an air traffic controller, and gra...

Copyright © 2014 WKSU Public Radio, All Rights Reserved.

 
In Partnership With:

NPR PRI Kent State University

listen in windows media format listen in realplayer format Car Talk Hosts: Tom & Ray Magliozzi Fresh Air Host: Terry Gross A Service of Kent State University 89.7 WKSU | NPR.Classical.Other smart stuff. NPR Senior Correspondent: Noah Adams Living on Earth Host: Steve Curwood 89.7 WKSU | NPR.Classical.Other smart stuff. A Service of Kent State University