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Gone are the days of social media when marketers mostly centered on macro-influencers with extremely giant followings. Bassendean-primarily based Hofmann Engineering has credited increased orders from the mining sector and a serious contract within the defence sector as the key drivers behind a surge in income to a document $149 million in its 50th yr in business.

The projections are made by combining forecasts from autoregressive integrated shifting average (ARIMA) and exponential smoothing with damped development (ESWDT) fashions, with some changes made to take account of research undertaken by the Division of Employment, Abilities, Small and Family Business and recognized future industry developments.