NYC Tech Ecosystem

PowerPoint Presentation

 

 

Curious about the tech industry in New York City? The Association for a Better New York (ABNY), Citi, Google and NYTechMeetup (NYTM) joined with HR&A Advisors to analyze the what makes up New York City’s tech ecosystem and how this ecosystem interacts with the city.

According to the report, this tech ecosystem is comprised of tech workers in tech industries (think programmers at Google), non-tech workers in tech industries (think customer service reps at Google) and tech workers in non-tech industries (think web developers at Bank of America).

A few snapshots from the report:

  • The tech ecosystem is made up of over 290,000 jobs, or 7% of NYC’s working population.
  • $125 billion in spending is generated by NYC tech.
  • Employment has grown by 18% within the ecosystem, compared to 12% overall economy growth in New York and 4% nationally.
  • Almost 50% of jobs don’t require a Bachelor’s Degree and these jobs tend to pay 45% more than jobs with the same educational requirements in other industries.

This is a very interesting read; I highly suggest taking a look.