Economic Outlook Part III: The challenges ahead for 2024 (Courtesy of the Jacksonville Daily Record) — INFORMATION TECHNOLOGY: Sharon Rowlands, CEO, Newfold Digital (Pictured Above)
The primary economic challenge in the information technology sector is rapid technological advancements.
The advancements can swiftly render existing infrastructure, services and tools obsolete, necessitating continuous investment in technology updates and improvements to maintain competitiveness and meet customer expectations.
Newfold Digital, like many IT-sector companies, confronts the challenge of rapid technological advancements through a multifaceted approach. We nurture a culture of innovation, adaptability and curiosity, acknowledging curiosity’s vital role in staying ahead in a rapidly evolving landscape.
Central to cultivating innovation are cross-functional global teams, fostering diverse perspective.
We uphold our customer-first approach, listening to feedback and monitoring market trends to adapt swiftly to changing demands, such as introducing AI-powered solutions like our AI Writer.
We also prioritize continuous employee education, training and upskilling to keep our workforce updated on emerging technologies.
Our dedication to agility and R&D investment, ensures our strategies align with the pace of technological evolution, preserving our organization’s competitiveness and resilience amidst this challenge.