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Stock impact report

Software, news, and environmental CEOs reveal how they're using AI to transform their businesses [Fortune]

Aspen Technology, Inc. (AZPN) 
Last aspen technology, inc. earnings: 1/29 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.aspentech.com/node/5806
Company Research Source: Fortune
“Our biggest challenge—and we are using technology to address it—is labor,” says Fish, who shared the anecdote during a virtual session hosted by Fortune in partnership with consulting firm BCG WM has been undergoing a pretty major transformation over the past several years. It rebranded itself from Waste Management to WM in a push to align more with sustainability aspirations. Fish says the company has spent $3 billion over the past few years to bolster WM's recycling infrastructure, while also expanding capacity in markets where it didn't have a big presence, like Texas, Tennessee, and Florida. But a big initiative at WM involves reducing the company's labor burden. Finding employees to drive trucks and operate heavy equipment can be a challenge—and very expensive, Fish says. The average salary for a WM trash truck driver is approaching $100,000, according to Fish, and can sail to close to $200,000 in regions like San Francisco where the cost of living is high. As a result, W Show less Read more
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