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A two-minute read alerting you to the latest trends from around the world advancing technology and innovation and building the workforce of the future, curated by the NMTC's Technology Education Committee. (TEC)

 Technologies we are tracking are suggest ed by NMTC members to This email address is being protected from spambots. You need JavaScript enabled to view it.:

3D and 4D Printing
Artificial Intelligence
Autonomous Vehicles
Battery Technology
Cloud Technology

Cybersecurity
Hyperautomation
Machine Learning
New Materials
 Predictive Analytics 

Robotics
Synthetic Chemistry
TeleHealth
Voice Search Technology
Workforce Impact, New Tech

WHAT IS IT?

300+ executives reveal the cost of the “Big Quit” and the top drivers of employee retention.

WHY IMPORTANT

In November 2021, The Predictive Index surveyed 326 executives about The Great Resignation. Not only did they share their thoughts on why their people are quitting, but also their own mounting frustrations with work.

This report shows, companies that have the best odds of combatting churn recognize the value of their people and put them in environments where they thrive. They’re achieving success with talent optimization.

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WHAT IS IT?

How AI can be used in the federal landscape, what it takes to attract and retain talent that can support emerging mission needs, the major contributing factors to Parsons’ recent growth and more.

WHY IMPORTANT

From a defense and intelligence perspective, we’re seeing a lot of information that needs to be digested and analyzed, and it has gone beyond the capacity of human staffing to be able to effectively make use of all the data that’s available for us.

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WHAT IS IT?

Describes the coming year for job creation and layoffs in the tech sector

WHY IMPORTANT

Signs point to a labor market that is likely to remain tight in the months to come. For employers, that means continued upward pressure on wages, even if the pace is slower than earlier in 2022, more hiring challenges and a stronger likelihood of further interest rate hikes — all factors that could increase costs for businesses.

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WHAT IS IT?

Cobots provide less risk to human safety than traditional robots and are better suited for environments that require adaptability. They offer flexibility for fluctuating work environments that traditional robots can't match. Deployment for a cobot solution is typically less involved than the traditional robot.

WHY IMPORTANT

collaborative robots continue to attract attention and investment, due to their ease of use, re-deploy ability, and convenience to end-users who struggle to afford more traditional forms of automation.

The most direct benefit of cobots is not in their ability to collaborate with humans,” said Rian Whitton, principal analyst at ABI Research. “Rather, it is in their relative ease of use, improved interface, and the ability of end-users to redeploy them for different tasks.”

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WHAT IS IT?

Moving to a data-driven business model – where decisions are made based on what we know to be true rather than “gut feeling” – is core to the wave of digital transformation sweeping through every industry in 2023 and beyond. It helps us to react with certainty in the face of uncertainty – especially when wars and pandemics upset the established order of things.

WHY IMPORTANT

In 2023, businesses will understand that data is the key to understanding customers, developing better products and services, and streamlining their internal operations to reduce costs and waste. New technologies are constantly emerging that offer faster and more accurate access to insights. And new trends emerge, bringing us new thinking on the best ways to put it to work across business and society at large. So, here’s my rundown of what I believe are the most important trends that will affect the way we use data and analytics to drive business growth in 2023.

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WHAT IS IT?

IT was designed as a more practical approach to innovation. One key change makes SIT a powerful creativity tool: instead of thinking outside the box, using the SIT methodology requires you to think inside the box.

The “closed-world condition” means that, when addressing a problem or trying to improve a product, you must use only elements already existing in the product or problem, or in the immediate environment.

WHY IMPORTANT

it’s a formidable creative thinking tool which is actually fun to use. Next time someone tells you to think outside the box, try to suggest thinking inside the box instead.

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WHAT IS IT?

It’s about three meeting types and the conditions that serve them best. Transactional gatherings move work forward; relational gatherings strengthen connections; and adaptive gatherings help us address complex or sensitive topics. The author outlines the best conditions for all three and explains why each needs to have its own space and place.

WHY IMPORTANT

Meetings are broken. Something happened when work moved online in 2020, and opening up the office hasn’t fixed it. Every interaction with colleagues became a video call, and our days became a game of transactional Tetris: Where can I slot in this or that meeting? Now, with policies directing which days of the week to be where, the Tetris has gotten more complex.

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WHAT IS IT?

Cloud technology’s potential is said to be enormous: it should make work more flexible, faster and more productive, save start-ups from having to build their own infrastructure and offer private individuals more convenience. Experts from the management consultancy McKinsey believe that companies have not yet begun to exploit the enormous potential but are still scratching the surface.

WHY IMPORTANT

In 2030, they expect more than a trillion dollars in potential run-rate earnings (EBITDA) for Fortune 500 companies alone – mainly due to potential savings and new business opportunities. The number will even rise, they say, as the cloud enables the adaption of emerging technologies such as blockchain and “augmented reality”. That means workers in the field are in hot demand. According to the Korn Ferry Institute, there will be a shortage of around 4.3 million IT specialists in the technology industry in 2030.

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Northeastern Maryland Technology Council
2021 Pulaski Hwy, Suite D, Havre de Grace, MD 21078
410-638-4466

John W. Casner, Executive Director
john.casner@nmtc.org

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