What to Look for in a Business Broker When Selling Your Company

Selling a company is a significant milestone that requires careful planning, strategic decision-making, and expert guidance. Choosing the right business broker is one of the most crucial steps in this process. A skilled and experienced broker can make all the difference in securing a successful sale and maximizing your company’s value. In this blog, we will explore the key factors to consider when selecting a business broker to guide you through the complex process of selling your company.

Experience and Expertise

When it comes to selling a company, industry-specific knowledge and experience are paramount. Business advisors at www.hedgestone.com/ recommend looking for a business broker with a proven track record in your industry. They should be familiar with your niche market’s unique challenges and opportunities. An experienced broker will deeply understand industry trends, valuation methodologies, and potential buyers. This expertise will enable them to position your company effectively and attract the right buyers who can recognize its true value.

Reputation and Track Record

Before committing to a business broker, it’s essential to research their reputation and track record. A reputable broker will have a strong reputation based on their past performance and client satisfaction. Look for brokers who have positive testimonials and reviews from previous clients. Additionally, seek referrals from trusted sources in your industry or professional network. A broker with a solid track record of successful transactions demonstrates their expertise, professionalism, and ability to achieve favorable outcomes for their clients. Conduct thorough research to ensure that the broker you choose has a proven history of delivering results and can be relied upon to guide you through the selling process effectively.

Marketing Strategy

A well-executed marketing strategy is crucial when selecting a business broker. A reputable broker will have a comprehensive plan to market your company and attract potential buyers. They will leverage their extensive network, online platforms, and industry connections to maximize exposure for your business. Look for brokers who utilize targeted advertising, confidential listings, and proactive outreach to qualified buyers. A strong marketing campaign will ensure that your company receives the attention it deserves, generating more significant opportunities and competitive offers. By selecting a broker with a solid marketing strategy, you can increase the chances of a successful sale and achieve the best possible value for your company.

Communication and Transparency

Effective communication and transparency are key factors to consider when choosing a business broker. A reputable broker will prioritize clear and open communication with their clients throughout the entire process. They should promptly respond to inquiries, provide regular updates on the status of the sale, and address any concerns or questions that may arise. Transparency is equally important – a trustworthy broker will be upfront about potential challenges, market conditions, and realistic expectations. They should provide detailed information about their fees, contracts, and any other relevant aspects of the transaction. By selecting a broker who values communication and transparency, you can establish a strong working relationship built on trust and ensure a smoother and more successful business sale experience.

Negotiation Skills

Negotiation skills are critical when it comes to securing the best possible deal for your company. A skilled business broker should possess strong negotiation skills and be adept at navigating complex agreements. They should be able to represent your best interests while maintaining a collaborative approach with potential buyers. Look for a broker who can demonstrate their ability to negotiate favorable terms, maximize the value of the sale, and resolve conflicts effectively. Their expertise in negotiation can significantly impact the outcome of the sale and ensure that you achieve your desired goals.

Confidentiality and Privacy

Maintaining confidentiality is of utmost importance during the selling process. A reliable business broker should have a proven track record of safeguarding sensitive information and protecting your company’s privacy. Inquire about their confidentiality policies and strategies for minimizing the risk of leaks or breaches. Their commitment to maintaining confidentiality will provide you with peace of mind and protect your company’s reputation throughout the selling process.

Fees and Contracts

When engaging a business broker, it’s essential to understand their fee structure and ensure it aligns with your budget and expectations. Clarify any upfront costs, commission rates, or additional fees associated with their services. Review all contractual agreements carefully before committing to ensure that you are comfortable with the terms and conditions. A reputable broker will be transparent about their fees and contracts, offering clarity and answering any questions you may have.

Choosing the right business broker is a critical step in successfully selling your company. Their experience, reputation, marketing strategies, communication skills, negotiation expertise, commitment to confidentiality, and transparent fee structure are all essential factors to consider. Take the time to research potential brokers, interview them, and ask for references. By selecting a trusted and experienced broker, you can navigate the complexities of selling your company with confidence, securing the best possible outcome, and maximizing the value of your hard-earned business.

Dell unveils AI and analytics storage appliance ObjectScale 1.3

Dell Technologies has launched a new software innovation, ObjectScale version 1.3, that is set to redefine the object storage landscape.

The latest release of the groundbreaking technology comes as a fully integrated, turnkey solution in the form of ObjectScale XF960, an all-flash appliance that promises to bring unprecedented speed, sustainability, and security to object storage architecture.

ObjectScale is Dell’s software-defined object storage system. Now it is available as a turnkey hardware appliance with limited scalability. The XF960 is the first member of an ObjectScale X-Series family and based on a latest-generation Dell PowerEdge server running ObjectScale v1.3 software. The system includes servers, network switches, rack-mount equipment, and appropriate power cables.

Geeta Vaghela, Senior Director, Unstructured Data Solutions, Dell Technologies said: “Object storage is evolving—fast. More and more, it’s embraced as primary storage for demanding high-growth workloads like analytics, generative AI (GenAI) and related cloud-native application development.

Dell ObjectScale has demonstrated its value through scale-out architecture, high-performance containerized object storage which is built for those next-generation demands to help organisations innovate faster with a global namespace, strong S3 compatibility, powerful performance and enterprise-grade security that’s ready on day one.”

ObjectScale is now available as the world’s most powerful object storage appliance custom-built on Kubernetes.1

Optimize and Flex Your Cloud for GenAI and More

ObjectScale provides users to seamlessly scale from current needs to petabytes and beyond, offering a choice between OpEx and CapEx pricing models for a genuinely public cloud-like experience. Optimise data management with software defined ObjectScale at edge locations for efficient data ingest, complemented by XF960 appliance in the data center for hard-core processing capabilities.

Combining Starburst with ObjectScale Dell establishes the foundation for a high-performance, infinitely scalable lakehouse on-premises and across multi-cloud environments. The possibilities are virtually endless.In addition to the cutting-edge all-flash appliance, ObjectScale is available with a choice of two software-defined “flavours.” With the Software Bundle, users can deploy on their infrastructure while entrusting Dell to manage ObjectScale and Kubernetes.

With As-an-Application, Dell handles ObjectScale, and users can deploy and run on Red Hat OpenShift, which is industry’s leading hybrid cloud application platform powered by Kubernetes.

Chris Morgan, Senior Director, Hybrid Platforms, Red Hat said: “Red Hat OpenShift offers a more consistent, reliable platform to build, deploy and manage applications across hybrid cloud environments. By running ObjectScale As-an-Application on Red Hat OpenShift, organisations can more seamlessly provision and scale high-performance object storage for optimized flexibility.”

Speed Innovation with Added Performance and Sustainability

AI, machine learning, analytics, and cloud-native applications where millisecond latency is critical. Organisation seeking combination of scale and performance to train their algorithms via on-premises cloud operations will find XF960 to be the perfect fit.

The ObjectScale XF960 sets a new standard for development cycles by harnessing the robust performance of the latest-generation PowerEdge server and full-stack NVMe connectivity. Achieving speeds of up to 4.3GB/sec reads and 3.3GB/sec writes per node, the KF960 ensures rapid data access and transfer, propelling algorithms to new heights.

Notably, this remarkable performance is complemented by cutting-edge sustainability and efficiency features, including PowerEdge Smart Cooling technology. Intelligent thermal algorithms and Dell’s innovative Smart Flow chassis direct cooling precisely.

In addition to delivering 2x higher density compared to its predecessor, the XF960 offers flexible consumption options to minimize waste and emissions. Dell further extends its commitment to customer satisfaction through comprehensive professional services options, encompassing secure data sanitization and destruction.

Establish Zero Trust at Enterprise Scale

ObjectScale is built from the same codebase as Dell ECS and inherits its trusted, enterprise-proven pedigree. As the first provider to deliver a commercial content-addressable storage (CAS) system—Dell Centera—Dell Technologies has over 20 years of leadership in object storage and with ObjectScale, organisations can apply Dell’s established Zero Trust mindset by delivering comprehensive built-in security and data protection.

The latest software update and new features in XF960 advance capabilities beyond what’s available with public cloud alone. Strengthen auditing and compliance with new S3 bucket logging and enhanced S3 replication. Protect against “bad actor” threats such as rogue admins with new consensus-based protection and self-encrypting (SED) drives.

Learn more about our new XF960 appliance and object storage innovations here.

RED BULL MEO: Irish Gamers Invited To Compete In Worlds Largest Mobile Esports Open

Irish gamers will have the chance to mix it with some of the country’s best esports pros this month as the world’s largest mobile esports open competition comes to Ireland for the very first time. Now in its sixth season globally, Red Bull M.E.O. sees players from over 30 countries compete, with incredible prizes for the winners.

Red Bull M.E.O. is a free competition, open to participants of all levels, and is a rare opportunity for casual mobile gamers to take on established professionals from the Irish circuit. The most popular mobile esports open internationally, this is the first year that the competition will be open to Irish gamers.

The two chosen titles in which players can compete are Clash Royale and PUBG Mobile. Clash Royale is open to individual players, and will be played in a standard single elimination tournament format. The first qualifier for Clash Royale takes place on January 13th with the second to follow on January 21st. The top 4 players from each qualifier will proceed to the grand finals.

PUBG Mobile, which is open to duos (teams of 2 players), will follow a similar format. Two online qualifiers will take place on January 14th and January 20th respectively. Eight teams will in turn qualify for the live final, with four teams proceeding from each round.

On Saturday January 27th, the Red Bull M.E.O. Live Final will take place in the Sugar Club in Dublin, where Ireland’s top gamers will battle it out to claim the Red Bull M.E.O. title for the first time on these shores.

Red Bull M.E.O. Season 6 (Ireland) 

  • Clash Royale Qualifier #1 – Saturday January 13th
  • PUBG Mobile Qualifier #1 – Sunday January 14th
  • PUBG Mobile Qualifier #2 – Saturday January 20th
  • Clash Royale Qualifier #2 – Sunday January 21st
  • Red Bull M.E.O. National Finals – Saturday January 27th

Tech Review – Tronsmart T7 Lite waterproof bluetooth speaker

The Tronsmart T7 Lite waterproof bluetooth speaker is the latest on offer from the company at an affordable price and toned down somewhat from the Tronsmart T7 we reviewed some time ago but all is still good here when it comes to sound from this portable speaker.

The design is slightly different but we have still got RGB lights and this speaker is also lighter than before still with all the buttons up front and a lanyard to hang from wherever suits you best and can be used outdoors of course with the IPX7 rating. The housing is solid too and the overall build quality is robust with a nice finish and look.

You have an array of buttons up front all raised and easy to use and you can use their app too which is great at this price point the app screenshots below show you what to expect as well as our full video review below..

Given its size it packs a punch with the audio that comes from it, you can connect your device or insert an SD card and let it play all day long with a 24HR battery life, the speakers are decently loud with no tinny sound or distortion when put up to the max as you should, it will fill a decent sized room given its size and with the RGB light effects you can impress your guests at a party or out at the beach or poolside.

With Dual pairing you can pair more than one and get double the effects if you wish to do so and with the App control you can get the sound desired and customise to your own requirements which again is great to see app access at this price on a bluetooth speaker.

Overall this is a well priced speaker with plenty of features not seen at this price with the quality to match, check out the video review below for more and see what you can expect.

 

  • [Powerful Bass with App Control] The T7 Lite portable speaker features 24w full frequency high power, 2 full-range drivers and an aluminum alloy bass vibrator for a rich and powerful sound experience. Customize your sound and lighting preferences with the Tronsmart App, available on the App Store and Google Play. Perfect for music lovers looking for a premium audio experience.

 

  • [24-Hour Playback with Extended Battery Life] Enjoy up to 24 hours of uninterrupted playback (medium capacity) with our powerful 4,000mA battery. And with quick 3-4 hour charging, you’ll never have to wait long to get back to your music. Plus, save on electricity by easily turning off the lighting mode with the power button. Our extended battery life is the perfect solution for music lovers on the go.
  • [Ultra-Portable Waterproof IPX7] Take your music anywhere with the T7 Lite waterproof speaker. Its compact size and detachable cable make it easy to carry in one hand, while its waterproof design protects against splashes, rain, and more. Perfect for outdoor adventures, beach trips, pool parties, and even showers!
  • [Dual Audio Modes & Stereo Pairing] Elevate your listening experience with Tronsmart T7 Lite wireless speaker’s dual audio modes and stereo pairing feature. Connect two Bluetooth speakers to enjoy up to 48W of powerful sound. Plus, you can seamlessly switch tunes by connecting up to two phones or tablets. Perfect for music lovers who crave high-quality audio and convenience.
  • [Latest version of Bluetooth 5.3 ] Experience faster and more stable connections that are compatible with a wide range of Bluetooth devices including iPhone, Samsung, mp3, television, and laptops. Enjoy the added convenience of inserting a Micro SD/TF card to play music, hands-free calling, and access to Siri and other voice commands. Get the best out of your Bluetooth devices with Bluetooth 5.3.

Buy From Tronsmart 

Buy From Amazon

Video Review

Nokia and Honor sign 5G patent license agreement

Nokia announced today it has signed a new patent cross-license agreement with Honor covering both parties’ fundamental inventions in 5G and other cellular technologies. The terms of the agreement remain confidential between the parties.

Susanna Martikainen, Chief Licensing Officer Mobile Devices at Nokia said: “We are delighted to have concluded an amicable patent cross-license agreement with Honor, one of the leading players in the Chinese smartphone market. It is the fourth major litigation-free smartphone agreement that Nokia has concluded over the past twelve months and highlights once again the strength of Nokia’s patent portfolio and decades-long contributions to cellular standards and other technologies.”

Wenyu Zhou, Head of Global Intellectual Property at Honor said: “As both 5G SEP holder and implementer, Honor highly respects IP rights and strongly believes that reasonable value of IP is important to the development of mobile industry. The conclusion of the patent cross-license agreement shows Honor’s commitment on innovation to enabling a smart life across all scenarios and all channels, for all people.”

Nokia’s industry-leading patent portfolio is built on more than €140 billion invested in R&D since 2000 and is composed of around 20,000 patent families, including over 6,000 patent families declared essential to 5G. Nokia contributes its inventions to open standards in return for the right to license them on fair, reasonable and non-discriminatory (FRAND) terms. Companies can license and use these technologies without the need to make their own substantial investments in the standards, fueling innovation and the development of new products and services for consumers.

Esri’s digital mapping system delivers savings of €5.8M to Fibrus in NI broadband rollout

Esri Ireland, the market leader in Geographic Information Systems (GIS), is today announcing that its digital mapping system has delivered savings of up to €5.8 million to broadband provider Fibrus as it accelerates broadband rollout in Northern Ireland. Fibrus is providing connectivity to 85,000 rural homes and businesses under the Northern Ireland Executive’s initiative, Project Stratum.

Using its ArcGIS technology, Esri Ireland designed a suite of integrated solutions to streamline processes throughout the entire lifecycle of planning, constructing, and maintaining fibre networks. The technology is improving cost control for Fibrus, as ArcGIS calculates precise costs for new infrastructure plans and optimises the number of potential customers in project areas.

The solution is transforming Fibrus’ operations and resulting in time savings of 500 hours per week for Fibrus, its contractors, and subcontractors. It has enhanced process efficiency by at least 50% and is enabling the company to maintain a steady rate of over 5,000 rural home and business connections every month.

Wherever they’re working, over 1,000 field operatives can view plans on digital maps, collect survey data, record cable and pole installations, and flag any issues. Data is shared in real-time to a central dashboard which is improving workflows and increasing collaboration. This has also improved data accuracy, streamlined time-intensive tasks, and decreased misinformation-related issues, enabling Fibrus to meet targets significantly faster.

Issues such as cut cables or storm-damaged poles are now promptly identified, simplifying maintenance planning and facilitating rapid repairs. Dependence on paper-based maps has been eliminated, and Fibrus also uses data collected and shared via ArcGIS online to validate contractor invoices and approve payments based on the latest construction progress information.

Riain Garcia, Senior Manager, GIS, Fibrus, said: “Esri’s system provides far greater visibility of what is happening on the ground, helping us to improve financial control, traceability, and accountability. We have already seen significant cost savings by using ArcGIS to reduce build revisits and by using dashboards to track progress instead of manual processes.”

“I don’t think we would have accomplished the exceptionally high number of connections needed for Project Stratum as fast as we did without ArcGIS. It gives everyone a one-stop shop for information on everything to do with Fibrus projects.”

Philip McLaughlin, Client Manager, Esri Ireland, said: Fibrus is paving the way towards a more connected future. We’re thrilled to see our technology making a real difference in bringing connectivity to people and businesses throughout Northern Ireland. ArcGIS is a powerful tool which is not only impacting positively on Fibrus and its operations, but is ultimately benefiting and connecting more communities.”

Discover the Phenomenon: Final Fantasy XIV’s Surging Popularity Explained

The multiplayer product, released under the auspices of the famous company Square Enix, is rapidly gaining popularity in all directions. Why is the game so confidently gaining popularity? Over the past six months, Final Fantasy XIV has remained popular among fans of other cult projects with a multi-million user audience. Any attempt to try to play a sensational game from Square Enix immediately leads to genuine interest in the product, which cannot but please the creators. Therefore, in this article, we want to talk about why FFIV attracts new players so much.

Alongside the game’s increasing popularity, there has been a rise in demand for in-game services like boosting in Final Fantasy XIV. In these companies groups of highly skilled players actively support other players in finishing challenging missions and leveling up their characters. Additionally, they offer tutoring, which is a great place to start for gamers of all skill levels, including those who have never played this game.

Nice graphics and low system requirements

Final Fantasy XIV, while being not exactly the epitome of modern graphics, is still quite enjoyable, and the screenshot button regularly finds new masterpieces for the desktop. The game has a photo mode with a lot of settings and details. The elaboration of the characters, their animations, facial expressions, and gestures still evoke approval and surprise – how did the developers manage to achieve such a result with such small means? Armor, weapons, all sorts of small details, and visible decorations and accessories, together with an extremely convenient and thoughtful glamor system, allow FFXIV to look decent to this day. In addition, the game is well-optimized and not too demanding on hardware, which is an additional plus for an MMO. And anyone can download high-resolution textures for FFXIV.

Interesting dungeons, raids, trials

Currently, Final Fantasy XIV has more than eighty dungeons, seventy-plus trials (boss arenas), and more than thirty raids. Many of them will be available through story quests, but some will have to be unlocked separately. This is a fairly large layer of content, and often you simply physically cannot remember all the mechanics of a particular boss. Even if you play more or less a lot, you can end up in some dungeon only once a month, or even every six months. The local group search system works like clockwork. There is always a queue to even the lowest-level dungeon since the game has a scaling system. That is, if you are level eighty, in some 16-level Sastasha your level will be lowered to match the difficulty of the dungeon. As you complete low-level dungeons, you will receive rewards in the form of special tokens to exchange for equipment and weapons, close Chloe’s journal, and much more. In this way, the developers allow playing together for both beginners and characters who have already been leveled up for a long time. Many dungeons have bosses with interesting and unusual mechanics, but many players use this principle: almost any boss forces you to adapt and learn your combat pattern. Therefore, mastery comes with practice and wipes.

Fishing

Meditative and measured fishing has reached a new level in Final Fantasy XIV. At the moment there are more than a thousand different fish in the game, many of which can be placed in an aquarium. In addition to the fact that the fisherman here is a separate class with its history and skills, one can highlight the fact that fishing is not limited to the most common fishing from a hole. The game also features ocean fishing – a raid for 24 players – and underwater fishing with a harpoon. Fish are caught not only in water, but also in sand, lava, and air, and to catch rare collectible fish, you will have to be patient and be in the right place at a certain time and under certain weather conditions. And don’t forget about bait – there is a huge amount of it for every taste and color.

Craft

The closest thing to local crafting professions is a similar mechanic from EverQuest 2, but crafting items in FF14 is much more difficult. Each craft profession is a separate class, so you can become a jack of all trades and level up all eight professions. Many recipes require ingredients from other professions, and there is always something to sell at the auction, even if you haven’t reached the maximum level yet. In addition, professions allow you to create not only necessities, but also home accessories, outfits for your character, and other useful little things. A profession leveled up to level thirty also makes it possible to disassemble items of the type that you can craft and insert matter (the local analog of precious stones) into your equipment.

Final Fantasy XIV is one of the best MMOs out there today. This is an MMORPG that died at release and was revived by the people who love it. The same MMORPG whose storyline received a worthy ending. The same MMORPG that will be looked up to for a long time, and whose experience will be adopted by competitors. Just like the World of Warсraft in its heyday.

 

Tech Review – Final VR2000 gaming earphones with immersive gaming and 3D audio experience

The Final VR2000 gaming earphones are more tailored for those into the gaming world and want that bit more when it comes to the audio experience as it is important in certain games and gives you an immersive experince which for me can be vital and enhances the gameplay overall.

With the VR2000 which for me is an oddly shaped earbud but fits well gives you this with simplicity and just an in-line mic with remote to control volume and so on,depending on your source be it a console of mobile phone this is handy for use, I have tried on mobile laptop PS 5 and X-Box and it worked well on all. If you fancy a bit of VR well then these earphones also enhance the game even more and hopefully the VR offerings out there ramp up again as it has died off and me being a huge fan of VR these earphones will certainly be welcome to have as an extra.

As the company states,

Whether playing a first-person shooter, exploring virtual worlds, relaxing to mediative ASMR or listening to a live jazz recording – the VR2000 will transport you into the heart of the action and deliver an experience like never before with no sound going unheard. Hear distant footsteps and gunfire as though you were in battle yourself. Feel every reaction from a stadium full of thousands of spectators. Transport yourself to a 1970’s jazz club and hear every note played as though you were there.

 

As a simple plug in with nothing else to do it is hard to fathom how good earphones have got at this level with hearing sounds you may have missed before as stated above to give you more clarity better audio and a real immersive experience you should give these a go and even for general music they do a great job to so it is a win if you fancy a clean crisp and clear immersive experience not costing you a fortune either. The inline remote works a treat too and is simple to use for any gamer or user.

Features 

Housing: ABS
Driver Type: 6mm ‘fCore DU’ Dynamic Driver
Colour: Olive Green
Cable: OFC with in-line microphone
Cable Length: 1.2m
Sensitivity: 102dB
Impedance: 18Ω
Weight: 20g
Unboxing video

Dell Technologies Ireland unveils technology outlook for 2024

Dell Technologies has released 2024 predictions by Catherine Doyle, Managing Director, Dell Technologies Ireland highlighting emerging trends that are set to shape the future of business in 2024 and beyond.

The technology leader is forecasting how advancements in Generative AI (GenAI), Quantum Computing and Zero Trust technology together with a growing focus on sustainable IT will help organisations and their people to innovate, enhance productivity and remain secure.

As we look towards a new year, breakthrough technologies will help Irish businesses to navigate new challenges that may emerge in the coming months and to innovate at speed,” said Catherine Doyle, Managing Director of Dell Technologies Ireland.

Generative AI will be the centre of business focus next year. 2024 will be all about putting AI into action and implementing Generative AI projects that can be truly transformational. The first step on the AI journey should be to organise and structure data which will help avoid AI sprawl.

“With the global explosion of data, there will be an increasing need for organisations to manage that data effectively. Quantum computing will help to address this and bring about a massive leap in the computing power required to unlock AI innovation. By looking to the horizon and identifying the technology trends that will shape Ireland’s economy, Dell Technologies can support public and private sector organisations to adapt, grow and advance sustainability.”

1. GenAI will take centre stage, moving from theory to practice

Generative AI will take centre stage in 2024, moving from theory to practice. While GenAI has fostered many creative ideas in 2023 of how it will transform business, there are very few real-world examples of GenAI in action. As we enter 2024, Gen AI projects will start to be business-ready with visible productivity gains becoming evident. An increasing number of Irish businesses will adopt AI and scale it across their organisation. According to our latest GenAI Pulse survey, nearly half of IT leaders expect to see meaningful results from GenAI initiatives within six months to a year. One of the first steps that leaders can take to ensure successful AI adoption in the year ahead is to organise and structure data within their business.

2. AI will come to life in more powerful PCs

PCs will become more powerful as AI comes to life, enabling the technology sector to deliver on the promise of digital assistants. Over the next 12 months the PC experience will shift from searching to prompting, from reading to understanding, and from editing to directing. This will result in the emergence in a two-way human-machine partnership in workplaces across Ireland. Also, as AI becomes a key part of laptops and devices, it will unlock improved privacy and security while also advancing sustainable design.  

 

3. Quantum Computing and GenAI will become intertwined

With the global explosion of data and AI, there will be an increasing need for organisations in Ireland to put in place the computing power to manage it effectively. Quantum computing will begin to address this and bring about a massive leap in the computing power that is required to unlock AI innovation. If we were surprised by the GenAI advancements of the last year, leaders should expect to see a bigger jump forward when quantum computing becomes intertwined in the near future.

 

4. Zero Trust will become central to strengthening cyber resiliency

Although there has been much discussion about Zero Trust, 2024 will see Zero Trust will evolve from a concept to a real technology. Adopting a zero-trust approach helps organisations build a more resilient and responsive security infrastructure while ultimately lessening the impact of cyber-attacks. As the benefits of Zero Trust technology becomes evident, it is expected that Zero Trust will become the norm in a wider range of industries in Ireland.

 

5. Greater adoption of green tech as leaders prioritise sustainability

The role played by technology in advancing sustainability will grow in 2024. With larger companies being required by the EU to disclose their environmental, social and governance (ESG) performance and activity, business and IT leaders in Ireland will increasingly rely on technology to track their climate data and reduce emissions. Our latest Digital Pulse Survey revealed that almost half of companies are looking at upgrading technology in the coming year to cut rising energy costs and drive sustainable innovation.