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Cyberstates 2016 Review

Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

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Leading Tech Industry Sectors Tech Industry vs. Tech Occupations Overview Tech Industry Employment Trending Leading Tech Occupation Job Categories Postings for Tech Occupation Job Openings Tech Industry Wages State of Technology Summary State Rankings

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Page 1: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Cyberstates 2016 Review

Page 2: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

On Tap for Today

Sizing | Trending Insights | Context

Drivers | Outlook

Page 3: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Leading Tech Industry Sectors

Tech Industry vs. Tech

Occupations Overview

Tech Industry Employment

Trending

Leading Tech Occupation Job

Categories

Postings for Tech Occupation Job

Openings

Tech Industry Wages

State of Technology Summary

State Rankings

Page 4: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Key Forces Shaping the Tech Landscape

Cloud Data Mobile / Apps Automation

Everything-as-a-Service

Connectivity / IoT

Software-Defined

Cybersecurity and Privacy

Source: CompTIA

Page 5: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Methodology

Page 6: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Source: EMSI | BLS | CompTIA

Tech Industry

Tech Occupations

N number of: - Self employed- Knowledge workers- Emerging tech jobs

6.7 million employed

7.1 million employed

46%

Two Sides of the Tech Discussion

Page 7: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Sector Employment Growth Continues

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20155.0

5.4

5.8

6.2

6.6

7.0

Milli

ons

+3.0%

-5.6%

+198,200 new tech sector workers added in 2015

Source: EMSI | BLS | CompTIA

Employer-level data

Page 8: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

ENGINEERING SERVICES

25%

20%TELECOM & INTERNET

17%TECH MFG.

5%PACKAGED SOFTWARE

IT SERVICES & SOLUTIONS

33%

EMPLOYMENT GROWTH

REVE

NUE

+5.0%

+1.7%

+0.3%

+2.8%

+2.9%

Sizing and Shaping the Tech Sector

Source: EMSI | BLS | CompTIA

Employer-level data

Page 9: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Top Tech Sector Segments by State

Software publishing

Semiconductor mfg.

R&D | Testing labs

Engineering services

Telecommunications

Computer system design | IT services

1

2

3

4

7

34

Frequency of sector ranked as top tech industry employer by state

473,666 = number of tech sector business establishments in 2015, up 2.7% YoY.

Top States Adding New Business Establishments1. California2. Illinois3. Texas4. Massachusetts5. Washington

Source: EMSI | BLS | CompTIA

Page 10: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Sector Employment Drill Down

TECH MFG.IT SERVICES

ENGINEERINGTELECOM + INTERNET SERVICES

LARGEST1. Custom Computer Design services2. Custom Computer Programming services

FASTEST GROWING1. Computer Facilities mgt.2. Custom Computer Programming

LARGEST1. Semiconductor Device and related mfg.2. Computer mfg.

FASTEST GROWING1. Computer manufacturing2. Storage Device manufacturing

LARGEST1. Engineering services2. R&D in Engineering and Life Sciences

FASTEST GROWING1. R&D in Biotechnology2. Engineering services

LARGEST1. Wired telecom services2. Data processing, hosting, Internet services

FASTEST GROWING1. Web search portals, Internet publishing2. Data processing, hosting, Internet services

Source: EMSI | BLS | CompTIA

Page 11: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Uncovering Insights at the State Level

A B C DTech Sector Empl. as % of Total Empl.1. Massachusetts2. Virginia3. Colorado4. Maryland5. California6. Washington7. Utah8. New Mexico9. New Hampshire10.District of Columbia

Total Tech Sector Employment1. California2. Texas3. New York4. Florida5. Massachusetts6. Virginia7. Illinois8. Pennsylvania9. Washington10.New Jersey

Tech Sector YoY Empl. % Change1. Utah2. Idaho3. Louisiana4. California5. North Carolina6. Oregon7. Montana8. New York9. Wisconsin10.Massachusetts

Self-Employed Tech Sector Workers as a % of Total1. Nevada2. Wyoming3. Montana 4. Hawaii5. Tennessee6. Maine7. Oklahoma8. Mississippi9. Florida10.Arkansas

Source: EMSI | BLS | CompTIA

Page 12: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Uncovering Insights at the MSA Level

LOS ANGELES MSA- 287,491 tech sector

workers; +2.7% YoY- Top growth segments:

Comm. Equip. Mfg., R&D/Testing Labs, Components

- 3.73 LQ for Mfg. of Nav./Aeronautical Systems

DENVER MSA- 109,833 tech sector

workers; +1.8% YoY - Top growth segments:

Space & Defense Systems, IT Services, R&D/Testing Labs

- 2.01 LQ for Software Pub.

MEMPHIS MSA- 13,366 tech sector

workers; +3.6% YoY- Top growth segments:

Engineering Services, IT Services, Tech Distribution

- 3.30 LQ for Computer Repair

BOSTON MSA- 263,430 tech sector

workers; +4.0% YoY- Top growth segments: IT

Services, Internet Services, Computer Equip. Mfg.

- 10.46 LQ for R&D in Biotechnology

PITTSBURGH MSA- 54,538 tech sector

workers; + 2.8% YoY- Top growth segments:

Internet Services, Computer Equip. Mfg., Computer Repair

- 1.77 LQ for Engineering

Source: EMSI | BLS | CompTIA

Page 13: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Understanding Wage Dynamics

$23.89

$30.00

$37.92

$47.15

$58.43145%

$51,600 = Average annual private sector wage, 2015

$105,400 = Average annual tech sector wage, 2015

TECH OCCUPATIONS AVERAGE HOURLY WAGE QUARTILES

TECH SECTOR AVERAGE ANNUAL WAGE VS. PRIVATE SECTOR WAGE

California

South Dakota

$30,000 $50,000 $70,000 $90,000 $110,000 $130,000 $150,000$30,000

$50,000

$70,000

$90,000

$110,000

$130,000

$150,000

AVERAGE ANNUAL PRIVATE SECTOR WAGE

AVER

AGE

ANNU

AL T

ECH

SECT

OR W

AGE

Source: EMSI | BLS | CompTIA

Employer-level data

Page 14: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

0.0% 5.0% 10.0% 15.0% 20.0% 25.0%$0

$20

$40

$60

$80

$100

$120

GSP AS A PERCENT OF PRIVATE SECTOR GSP

GROS

S ST

ATE

PROD

UCT

(GSP

), BI

LLIO

NS $

Evaluating Gross State Product (GSP)

7.1% = Average annual private sector wage, 2015

California

Oregon

$250

1. Oregon2. Washington3. Colorado4. Massachusetts5. California6. Virginia7. New Hampshire8. Maryland9. Georgia10.New York

TECH SECTOR GSP AS A % OF PRIVATE SECTOR GSP

TECH SECTOR GROSS STATE PRODUCT (GSP)

1. California2. New York3. Texas4. Washington5. Massachusetts6. Oregon7. Florida8. Pennsylvania9. Virginia10.Illinois

Source: BEA | CompTIA

Page 15: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Industry Growth Drivers | Outlook

59%

% of professional services firms [net] reporting cloud is

driving the adoption of new applications

throughout their business.

2010 2015

Building Digital Organizations

IT in

frast

ruct

ure

inno

vatio

n

92%

Projected importance rating [net] of data to organizations in 2017.

Data becoming more tightly integrated into business operations

and the consequences of ineffective data

utilization becoming more severe.

Source: CompTIA

Page 16: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Industry Growth Drivers | Outlook Cont.

8%YoY % increase in

Tech Patents

16%

YoY % increase in Tech Venture Capital Se-

ries1

Drivers for Changing Security Approach

43%47%

34%

Change in IT ops

Security breaches

Train-ing

1 in 3Number of tech firms

that expect to make money from IoT products or services opportunities

over the next 18 months.

For IT services firms, deployment, integration, and monitoring services are rated as having the

most potential.

Source: CompTIA

Page 17: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Occupation Employment Growth

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 20155.0

5.4

5.8

6.2

6.6

7.0

Milli

ons

+2.6%

-6.2%62%

Core IT occ.

182,081 new tech occupation workers added in 2015

Source: EMSI | BLS | CompTIA

Page 18: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Tech Workforce Overview

Network and Computer Systems Administrators

Software Developers, Systems Software

Computer Systems Analysts

Computer User Support Specialists

Software Developers, Applications

375,270

403,110

555,470

584,630

724,660 +4.2%

+3.4%

+4.0%

+3.9%

+2.4%

Fastest growing IT occupation: cybersecurity professionals @ 4.9%

CORE IT OCCUPATIONS OTHER TECH OCCUPATIONSEngineers

1.2m | +1.8%

Installers & Repairers577k | +1.8%

Engineering Technicians350k | +1.1%

Assemblers177k | 2.0%

SAMPLING OF KNOWLEDGE WORKER OCCUPATIONS

Business Operations4.4 m | +2.4%

Mathematicians / Statisticians / Operations Research

152k | +4.0%

Graphic Designers202k | +2.1%

Medical Record Information Technicians191k | +2.8%

Source: EMSI | BLS | CompTIA

Employer-level data

Page 19: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

78%

22%

Gender Ratio Analysis

1. Computer Systems Analysts [33%]2. Computer User Support Specialists [29%]3. Software Developers, Applications [21%]4. Electronic Equipment Assemblers [54%]5. Information Systems Managers [30%]6. Software Developers, Systems [21%]7. Network Systems Administrators [20%]8. Computer Programmers [24%]9. Computer Occupations, All Other [30%]10. Network Support Specialists [29%]

TOP OCCUPATIONS BY NUMERIC COUNT OF FEMALE WORKERS

TOP STATES FOR % OF FEMALES EMPLOYED IN TECH SECTOR

1. District of Columbia [40%]2. South Dakota [39%]3. Mississippi [38%]4. Wisconsin [37%]5. Nebraska [37%]6. Missouri [37%]7. North Carolina [37%]8. Iowa [36%]9. Arkansas [36%]10. Kentucky 36%]

66%

34%

TECH SECTOR GENDER RATIO

TECH OCCUPATIONS GENDER RATIO

% Female

% Female

Source: EMSI | BLS | CompTIA

Page 20: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Postings for U.S. Tech Job Openings

Jul-14

Sep-1

4Nov-

14Jan

-15Mar-

15May-

15Jul

-15Se

p-15

Nov-15

Jan-16

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

450,000

U.S. TECH JOB POSTINGS

48% Information Security Analysts46% Computer Systems Engineers/Architects42% Electrical Engineers41% Database Administrators41% Computer Network Architects39% Document Management Specialists39% Computer User Support Specialists 39% Web Developers 37% Network and Computer Systems Admins37% Software Developers, Systems Software34% Information Technology Project Managers33% Telecommunications Equipment Installers33% Software Developers, Applications32% Architectural and Engineering Managers31% Mechanical Engineers25% Computer Programmers25% Data Warehousing Specialists

Q4 2015 YoY % Change in Job Postings

Source: Burning Glass Technologies Labor Insights | CompTIA

Page 21: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Job Postings Drill Down

1. District of Columbia2. Delaware3. Oregon4. Virginia5. South Dakota6. New York7. Colorado8. New Jersey9. Georgia10. Connecticut

Oracle

Accenture

Deloitte

General Dynamics

IBM

UnitedHealth Group

Anthem Blue Cross

Northrop Grumman

Hewlett-Packard

Leidos

Best Buy

Amazon.com

Booz Allen Hamilton Inc.

Raytheon

Net2Source Inc

JP Morgan Chase Company

Verizon Communications

General Electric Company

TOP TECH JOB POSTING COMPANIESJOB POSTINGS AS A % OF EXISTING TECH OCCUPATIONS EMPLOYMENT BASE

Source: Burning Glass Technologies Labor Insights | CompTIA

Page 22: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Source: Insert Text

CompTIA.org Q4 2016

Cybersecurity Jobs Heat Map

CompTIA.org

Page 23: Cyberstates 2016 Review. On Tap for Today Sizing | Trending Insights | Context Drivers | Outlook

Source: Insert Text

Thank You | Questions

Tim HerbertSVP, Research & Market Intelligence

[email protected]@timjherbert