{"id":4420,"date":"2023-11-09T10:00:34","date_gmt":"2023-11-09T10:00:34","guid":{"rendered":"https:\/\/nag.com\/?post_type=insights&p=4420"},"modified":"2023-11-09T10:01:55","modified_gmt":"2023-11-09T10:01:55","slug":"nag-forms-n2-group","status":"publish","type":"insights","link":"https:\/\/nag.com\/insights\/nag-forms-n2-group\/","title":{"rendered":"n<\/i><\/span>AG Forms \u201cn2 Group\u201d \u2013 A Radical New Technology Group Concept\u00a0\u00a0"},"content":{"rendered":"
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OXFORD, UK \u2014 9 November 2023 \u2014 n<\/i><\/span>AG, the algorithms and supercomputing company, today announced the formation of the n<\/em>2\u00a0 <\/sup>Group – a radical and significant shift in how established technology businesses can collectively innovate and achieve sustainable business growth.\u00a0\u00a0<\/p>\n

n<\/em>2<\/sup> Group will develop a portfolio of investments into long-term focused, highly technical, established companies, reinvesting profits back into the group while continuing to fund key parts of the scientific and engineering communities. With no outside financial interests, the model ensures that every penny of earnings generated by its constituent businesses is effectively put to work in creating client value, supporting strategic growth, or making an impact in society.\u00a0\u00a0<\/p>\n

As a key business within the n<\/em>2<\/sup> Group, n<\/i><\/span>AG will maintain its established brand name and continue its market-leading operations across Energy, Aerospace and Financial Services. n<\/i><\/span>AG\u2019s unique value-driven approach is now extended by n<\/em>2<\/sup> Group to a portfolio business, including new companies that share n<\/i><\/span>AG\u2019s mission-based purpose, outlook and values.\u00a0\u00a0<\/p>\n

Adrian Tate, CEO of n<\/em>2<\/sup> Group said “Small to medium-sized technology companies are the backbone of our economy, but despite delivering value to clients for years, expanding and innovating can be a\u00a0challenge for them. Leaders of those companies believe in their mission and are often not interested in private equity or venture capital to fund growth. We\u2019ve designed n2<\/sup> Group to build critical business support that helps our companies develop as autonomous units within a collaborative group.\u201d\u00a0<\/em><\/p>\n

Fundamental to the investment strategy of n<\/em>2<\/sup> Group is that established technology businesses significantly improve their chance of developing impactful future products and services when they collaborate as part of a dynamic collective, with frequent cross-pollination and exchange of ideas. By focusing on the future without unrealistic expectations around short-term growth, n<\/em>2<\/sup> Group is seeking to create a sustainable community of value generating businesses.\u00a0<\/p>\n

n<\/i><\/span>AG has achieved remarkable client trust and commercial success for over five decades with a unique purpose-driven approach to technology and without the need for outside investment. The n<\/em>2<\/sup> Group builds on this concept but allows n<\/i><\/span>AG to maintain its identity and strong reputation, continuing to service its core clients in both supercomputing services and numerical algorithms, while n<\/em>2<\/sup> Group can now help n<\/i><\/span>AG and other businesses achieve long-term client success and sustainable growth.\u00a0\u00a0<\/p>\n

\"\"<\/p>\n

About n<\/i><\/span>AG\u00a0<\/h3>\n

n<\/i><\/span>AG provides industry-leading numerical software and technical services to banking and finance, energy, engineering, and market research, as well as academic and government institutions. World-renowned for the n<\/i><\/span>AG Library \u2013 the most rigorous and robust collection of numerical algorithms available \u2013 n<\/i><\/span>AG also offers Automatic Differentiation, Machine Learning, and Mathematical Optimization products, as well as world-class technical consultancy across HPC and Cloud HPC, and other areas of numerical computing. Founded more than 50 years ago from a multi-university venture, n<\/i><\/span>AG is headquartered in Oxford, UK with offices in the UK, US, EU, and Asia.\u00a0<\/p>\n <\/div>\n <\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"

n<\/i><\/span>AG announce the formation of the n2 Group \u2013 a radical and significant shift in how established technology businesses can collectively innovate and achieve sustainable business growth. <\/p>\n","protected":false},"author":16,"featured_media":4428,"parent":0,"menu_order":0,"template":"","meta":{"content-type":"","footnotes":""},"post-tag":[19],"class_list":["post-4420","insights","type-insights","status-publish","has-post-thumbnail","hentry"],"yoast_head":"\nNAG Forms \u201cn2 Group\u201d \u2013 A Radical New Technology Group Concept\u00a0\u00a0 - nAG<\/title>\n<meta name=\"description\" content=\"The n2 Group will develop a portfolio of investments into long-term focused, highly technical, established companies, reinvesting profits back into the group while continuing to fund key parts of the scientific and engineering communities.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nag.com\/insights\/nag-forms-n2-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NAG Forms \u201cn2 Group\u201d \u2013 A Radical New Technology Group Concept\u00a0\u00a0 - 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