The Future of Tech Valley Mike Tucker CEO of Center for Economic Growth

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Michael Tucker CEO of the Center for Economic Growth shares the story of Tech Valley along the Hudson River in New York.
NanoTech, Healthcare and Computers are only part of the story.

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The Future of Tech Valley Mike Tucker CEO of Center for Economic Growth

  1. 1. THE FUTURE OF TECH VALLEY <br />F. Michael Tucker<br />Center for Economic Growth<br />
  2. 2. Prepare:Assist communities in achieving their desired economic growth<br />Attract: Create opportunities for technology investment and expansion in Tech Valley<br />Grow: Assist area companies with business development strategies for accelerated growth<br />
  3. 3. Six Industry Sectors of Focus<br />Advanced Materials<br /> Plastics, Composites and Ceramics<br />Biotechnology<br /> Life Sciences, Drug Delivery and Tissue Engineering<br />Clean Tech and Renewable Energy<br /> Solar, Wind, Fuel Cells, Smart Grid<br />Homeland Security / Defense<br /> Commercialization of Security Technology and Products <br />Information Technology<br /> Software and Telecommunications<br />Nanotechnology<br /> Semiconductors and Nanoelectronics<br />
  4. 4. Where we were, a look-back: 1995 - 2009<br />1995: Responded to Samsung RFP for Chip Plant<br />1997: CEG/RPI Study identifies 5 emerging industry sectors<br />1998: CEG with National Grid, spearheads initiative to market region<br />1999: 18 county region of NY bands together as “Tech Valley”<br />2002: “NY Loves Nanotech” becomes marketing umbrella, begin sponsoring SIA Dinner<br />2003: Begin regional & statewide education programs<br />2004: First Nanotechnology college in the world (CNSE) opens at U Albany<br />2001: U Albany announces Center of Excellence in Nanoelectronics; STEP Park established<br />2007: RPI Computational Center for Nanotechnology Opens <br />2006: AMD announces plans to locate fab in NY; CEG diversifies marketing outreach<br />2009<br />2005: Albany Nanotech… Over $5B invested<br />2008: SEMICO Impact Study <br />GLOBALFOUNDRIES Breaks Ground<br />
  5. 5. Opportunity breeds Opportunity<br />Significant growth in High-Tech Industries<br /><ul><li>GLOBALFOUNDRIES; GE’s Battery, Renewable Energy & Imaging
  6. 6. IBM’s investments at College of Nanoscale Science & Engineering
  7. 7. Growth within regional advanced manufacturing industry</li></ul>Opportunity: Career Jobs for Students & Keep Students Local<br /><ul><li>How: advocate education & career paths before college </li></ul>and career decisions are made<br />
  8. 8. Regional Developments<br />IBM<br />Invests or announced plans to invest over $2 billion in regional <br /> initiatives (Nanotech Packaging Center, Nanotech /Semiconductor <br /> programs at CNSE, RPI Supercomputer)<br />GE<br />$165 million Digital Mammography/Imaging Center<br />$150 million Wind Institute and Turbine Service Center<br />$100 million Advanced Battery Manufacturing Center<br />$330 million investments to expand Global Research HQ<br />M + W USA<br />Announced in August it is moving it’s headquarters to the <br />Watervliet Arsenal, creating 270 jobs <br />International Sematech<br />Plans to move its headquarters to the College of Nanoscale<br /> Science and Engineering, creating 100 new high-tech jobs and investing <br /> $80 million in the region<br />Angio Dynamics<br />Built it’s new headquarters to Latham, NY in May, bringing 70 jobs<br />
  9. 9. GLOBALFOUNDRIES: Fab 8 Consturction<br />Malta, NY<br />
  10. 10. Fab 8: <br />300mm Manufacturing<br />The world’s most advanced foundry<br /><ul><li>Luther Forest Technology Campus
  11. 11. $4.2+ billion investment
  12. 12. Expected to come online in 2012
  13. 13. Over 1,400 direct jobs
  14. 14. More than 5,000 spinoff jobs
  15. 15. Designed for 28/22nm process tech
  16. 16. 35,000 WSM once fully ramped
  17. 17. Leverages strong regional US talent and shared experiences from Dresden
  18. 18. Integrated global network of fabs</li></li></ul><li>GLOBALFOUNDRIES: Fab 8 Plan<br />Malta, NY<br />
  19. 19. GLOBALFOUNDRIES: Fab 8<br />Malta, NY<br />
  20. 20. GLOBALFOUNDRIES: Fab 8<br />Malta, NY<br />
  21. 21. GLOBALFOUNDRIES: Fab 8<br />Malta, NY<br />
  22. 22. GLOBALFOUNDRIES: Fab 8<br />Malta, NY<br />
  23. 23. What will Tech Valley look like in 10-15 years??<br />
  24. 24. Dresden, Germany: Industry Growth<br />
  25. 25. Dresden, Germany: Industry Clustering<br />Dresden, Germany Fab1:<br />Human Resources<br />Derivative employment 44,000 Direct Employees 2,600<br />Average Age 38<br />Source: GlobalFoundries Dresden, Germany, Data as of Q1 2009<br />
  26. 26. A Knowledge Driven Workforce<br />Key Attributes<br /><ul><li>Global mindset
  27. 27. Interdisciplinary
  28. 28. Tech + business acumen
  29. 29. Agile & creative
  30. 30. Customer-centric
  31. 31. Spirit for competition
  32. 32. Driven by results
  33. 33. Process-oriented
  34. 34. Entrepreneurial</li></ul>Organizational agility<br />Streamlined decision-making<br />Harnessing innovation<br />Unlocking customer potential<br />
  35. 35. Jobs & Educational Backgrounds in Demand<br />
  36. 36. Typical Fab Workforce Breakdown<br />35% Fab Operators<br /><ul><li>Role: Fab Operations
  37. 37. Degrees: Associates, Electrical, Instrumentation, Semiconductor </li></ul>Programs<br />25% Technicians<br /><ul><li>Roles: Fab Operations Engineering, Manufacturing Support, Site Services
  38. 38. Degrees: Associates, Electrical, Instrumentation, Semiconductor Programs</li></ul>30% Engineering<br /><ul><li>Roles: Fab Operations Engineering, Manufacturing Support, Site Services
  39. 39. Degrees: EE, Materials Science, Chemistry, Physics, Math</li></ul>5% Management<br /><ul><li>Roles: Manufacturing Support, Site Services, Fab Ops
  40. 40. Degree: Largely Engineering & Technical</li></ul>5% Administrative<br /><ul><li>Roles: HR, Finance, Legal, PR, Marketing
  41. 41. Degrees: BA, MA, MBA, PhD</li></li></ul><li>GLOBALFOUNDRIES Fab 8: Hiring Timeline<br />
  42. 42. Other Opportunities:<br />Supply Chain and other Support jobs<br />Fab garment cleaning<br />Computer sales maintenance<br />Warehousing<br />Delivery service<br />Chemical disposal<br />Satellite equipment offices<br />Specialty products<br />Maintenance<br />Training<br />Private security<br />
  43. 43. What can we do?<br />Workers will need higher level skills than in the past:<br /><ul><li>Critical thinkers
  44. 44. Analytical skills
  45. 45. Problem solving skills
  46. 46. Diversity in thought and with respect to others
  47. 47. Trade specific training a plus</li></ul>Need for 2 year degrees will outpace 4 year degrees<br /><ul><li>STEM focus, beginning in grade/middle school</li></ul>Government needs to align with future needs<br />Businesses, Government and Education leaders <br />need to work together<br />
  48. 48. MBA Hiring return to Pre-Recession Levels<br />Hiring for Financial MBAs increased 22% in 2010 and is expected to increase another 10% in 2011<br />Hiring of Consulting MBAs increased 19% in 2010 and is expected to increase another 37% in 2011<br />Reports Bloomberg BusinessWeek<br />
  49. 49. CONTACT Information<br /><ul><li>Don Purdy, Program Director
  50. 50. E-mail: dpurdy@uamail.albany.edu
  51. 51. P: 518.442.4964 | F: 518.442.4975
  52. 52. Twitter: @UAlbanyMBA
  53. 53. LinkedIn: www.linkedin.com/profile/edit?trk=hb_tab_pro_top</li></ul>March 21, 2011 / Albany.edu/business/weekendMBA_index.shtml<br />
  54. 54. MARK Your Calendars!<br /><ul><li>Monday, April 4, 12:15 p.m.
  55. 55. Business Leadership
  56. 56. Dr. Edward J. Pavur, Jr.
  57. 57. Management consultant, Weekend MBA Program instructor</li></ul>March 21, 2011 / Albany.edu/business/weekendMBA_index.shtml<br />
  58. 58. Your Thoughts<br />&<br />Questions?<br />The Center for Economic Growth<br />F. Michael Tucker<br />President & CEO<br />miket@ceg.org<br />

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