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INDUSTRY

Technology and Innovation

Technology and Innovation are the powerhouses behind today’s digital age, driving advancements that reshape how we live, work and socialize within our world.

Technological Challenges

The demand for skilled technology professionals often exceeds supply, making it difficult for businesses to find and retain the talent needed to drive technological initiatives.

Accessing Skilled Tech Talent

The rapid pace of technological change can outstrip a business’s ability to adapt, leading to obsolescence and lost competitive edge.

Keeping Pace with Change

Many businesses struggle to integrate advanced tools like AI and automation into their existing operations due to high costs, lack of expertise or complex implementation processes.

Integrating Modern Tools & Systems

As technology advances, so do the methods used by cybercriminals. Small and medium-sized businesses are particularly vulnerable to cyberattacks due to limited resources.

Avoiding Cybersecurity Risks
Generative AI has helped to revolutionize data interaction.

The rise of generative AI, like ChatGPT, has transformed how people interact with data, shifting from a search-based model to a conversational advisor approach, thereby revolutionizing business and data-driven enterprises 


Daugherty, P., Burden, A., & Biltz, M. (2024). Technology Vision 2024. Retrieved from https://www.accenture.com/us-en/insights/technology/technology-trends-2024 

Sustainable technology is becoming a high-priority focus.

Companies are increasingly prioritizing sustainable technology, recognizing its importance in long-term investment and operational efficiency, reflecting a broader trend towards environmentally conscious business practices.


McCartney, A. (2023). Gartner Top 10 Strategic Technology Trends for 2024. Retrieved from https://www.gartner.com/en/newsroom/press-releases/2024-02-05-gartner-identifies-top-trends-impacting-technology-providers-in-2024 

Expect an emergence of high-resolution mixed-reality devices.

The release of devices like Apple's Vision Pro represents a significant leap in mixed-reality technology, offering unprecedented display resolutions and potentially reshaping entertainment, education, and professional collaboration.


MIT Technology Review. (2024). 10 Breakthrough Technologies 2024. Retrieved from https://www.technologyreview.com/2024/01/08/1085094/10-breakthrough-technologies-2024/ 

How exactly can Norgress help?

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Assisting in the development and management of innovation strategies to stay ahead in competitive tech markets.

Innovation Strategy & Management

Technology Trend Analysis & Adoption

Providing insights into emerging technology trends and guiding the integration of cutting-edge technologies.

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Startup & Entrepreneurial Support

Offering mentorship and support to tech startups and entrepreneurs in navigating the challenges of launching and growing a technology business.

Advising on product development processes, from ideation to market launch, ensuring alignment with market needs and trends.

Product Development & Launch

Would you like to learn more?  Connect with us.

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