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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)

 NMTC members suggest technology and organization survival alerts 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?

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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WHAT IS IT?

94% of employees surveyed want a more flexible strategy. With more than 70 million workers in the U.S. estimated to be in remote-capable roles, that's a significant number looking for a more flexible strategy.

WHY IMPORTANT

Several factors suggest the winning strategy won't be forcing one approach but adapting to the needs and desires of the workforce. A more agile strategy toward workplace design, culture and operating models will be required to succeed. To understand why, consider the business realities and opportunities behind a more agile approach.

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WHAT IS IT?

Four basic values: balance, purpose, recognition and communication.

WHY IMPORTANT

The “Great Resignation.” “Quiet quitting.” For employers who have been hit with record turnover, higher employee costs and falling morale. Smart employers are using lessons learned and, as the labor market begins to cool, can gain from the tumult over the past few years. With so many Americans actively applying for new jobs or open to leaving their current job, it’s imperative that you understand what your current and future workforce is looking for.

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WHAT IS IT?

Thinnest ferroelectric material ever paves the way for new energy-efficient devices

WHY IMPORTANT

As electronic devices become smaller and smaller, the materials that power them need to become thinner and thinner. Because of this, one of the key challenges scientists face in developing next-generation energy-efficient electronics is discovering materials that can maintain special electronic properties at an ultrathin size. Conventional ferroelectric materials lose their internal polarization below around a few nanometers in thickness. This means they are not compatible with current-day silicon technology. This issue has previously prevented the integration of ferroelectrics into microelectronics.

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WHAT IS IT?

Your Face is the Future of Targeted Marketing.

WHY IMPORTANT

With proper privacy protocols and compliance with data protection, using facial recognition for advertising can be a valuable asset for businesses. Research shows that in the near future, facial recognition technology will make significant headway across industries.

Businesses using facial recognition to target their marketing efforts toward their potential user base can benefit in more ways than one. Here are the many advantages that you can achieve.

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WHAT IS IT?

Detailed insight into current trends, market shares, market size, and sales value and volume

 

WHY IMPORTANT

Global Speech and Voice Recognition Technologies Market Size Estimated to Hit USD 43.26 Billion By 2029, at a CAGR of 15.68%

 

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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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