Northrop Grumman Information Technology President Discusses IT's Role in Solving Four of the Nation's Top Challenges at NVTC Titans BreakfastJames R. O'Neill Provides Insight on IT's Impact on "Umbrella" Issues of National Security, Health Care, U.S. Global Competitiveness and Energy/Environment
HERNDON, VA - January 31, 2007 - Before an audience of more than 400 technology business leaders at the Northern Virginia Technology Council's (NVTC) Titans Breakfast, James R. O'Neill, president of Northrop Grumman Information Technology (IT; with annual revenues of $4.0 billion), provided his insight on IT's role in helping to solve four of the nations's top challenges: national security, health care, U.S. global competitiveness and energy/environment.
O'Neill said "IT is the heart and soul of technology today ... an enabler" that has tremendous potential to improve national security-defense, homeland security and public safety; control the rising costs of health care and improve its access and quality to the nation's citizens; continue to cement the nation's status as a leader in the global economy; and assist in the United States' growing quest for alternative fuel sources and decrease its dependence on oil as its primary energy source.
During his remarks, O'Neill told the audience of Northern Virginia business leaders that a top issue that the United States must contend with is increasing its supply of intellectual capital, which he described as the "commodity of our age." Currently the United States is the "king" of this commodity, but is experiencing growing competition from other nations-particularly China and India. To remain competitive, the nation must make greater investments in math, science, technology and engineering education to ensure a strong supply of intellectual capital.
To view a copy of James O'Neill's Titans Breakfast speech from January 31, 2007, click here.
The Northern Virginia Technology Council (NVTC) is the membership and trade association for the technology community in Northern Virginia and is the largest technology council in the nation. NVTC has about 1,100 member companies representing more than 188,000 employees. Its membership includes companies from all sectors of the technology industry and the service providers that support these companies, as well as universities, foreign embassies, non-profit organizations and governmental agencies. NVTC is recognized as the nation's leader in providing its technology community with networking and educational events, specialized services and benefits, public policy advocacy, branding of its region as a major global technology center, initiatives in targeted business sectors and in the international, entrepreneurship, workforce and education arenas, the Equal Footing Foundation that focuses on venture philanthropy and public/private partnerships, and The Entrepreneur Center @NVTC to mentor new technology entrepreneurs. Visit NVTC at www.nvtc.org.