The document provides an overview and outlook of the tech sector in 2014. It summarizes that the IT industry growth forecast for 2014 is 5.9%, an improvement over previous years. While tech executives feel slightly more confident heading into 2014, their top concerns include government regulation, labor costs, customer spending, competition and disruption from new technologies. The U.S. has over 4.7 million core IT occupation employees located primarily in populous regions. Virginia alone employs over 235,000 IT workers across a variety of industries and employers like General Dynamics. The U.S. IT sector employs over 5.7 million across industries like IT hardware manufacturing, software publishing, IT services, telecommunications and retail. Technology adoption trends from innovators

1. Tech Sector Overview and Outlook

2. 2014 IT Industry Growth Forecast
8.0
Growth Rate Range
7.0
5.9%
6.0
5.0
4.0
3.4%
3.0
2.0
1.0
0.0
2010 2011 2012 2013 2014
Source: CompTIA
1.0%
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3. Positive Outlook, But Concerns Always Loom
Tech Executives Feeling Slightly
More Confident Heading into 2014
Key Concerns Keeping Tech
Executives “Awake at Night”
1
Government
3
Labor costs / availability
of skilled workers
4
62.0
Price sensitive customers hesitant
to spend (aka lack of demand)
2
64.0
Competition from new firms
entering space / disruption
5
Disruption from new technologies
or business models
60.0
58.0
56.0
54.0
52.0
50.0
48.0
44.0
Q3 '09
Q4 '09
Q1 '10
Q2 '10
Q3 '10
Q4 '10
Q1 '11
Q2 '11
Q3 '11
Q4 '11
Q1 '12
Q2 '12
Q3 '12
Q4 '12
Q1 '13
Q2 '13
Q3 '13
Q4 '13
Q1 '14
Forecast
46.0
Source: CompTIA
www.techvoice.org

4. Assessing Technology-Related Employment
IT
Industry
Employment
IT
Occupation
Employment
Within the IT industry, there
are many IT occupations
www.techvoice.org

5. U.S. Core IT Occupation Count: 4.74 million
Midwest:
934 K
Northeast:
906 K
West:
1.2 M
South:
1.6 M
Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA
www.techvoice.org

6. State Level View of IT Employment
Virginia Employment Landscape:
235,000 IT workers employed in a
range of industries across the state
VA Employers with the Most IT Jobs Postings
Time period: during 2013
General Dynamics
3,945
SAIC
2,203
Mantech Intl
1,845
Northrop Grumman
1,801
CACI
Accenture
1,687
1,584
BAE Systems
1,330
Lockheed Martin
1,285
Booz Allen
1,218
Computer Sciences
1,068
Capital One
1,008
Note: not all job postings
lead to new hires.
Companies may hire
internally, outsource the
work, postpone the hire,
repost the position to
attract new candidates or
change direction and
withdraw the job posting.
www.techvoice.org
Source: Burning Glass Technologies Labor Insights, January 2014

7. 2013 U.S. IT Industry Employment Estimates
IT
Hardware
Mfg.
1,098,725
employed
Software
Publishing
324,669
employed
5.7 million
employed* in the
U.S. Info Tech Sector
IT Services
2,288,462
357,940
•
•
•
•
•
•
Computer &peripheral equipment
Communications equipment
A/V equipment
Semiconductors & electrical components
Measuring & control instruments
Magnetic & Optical media
Software Publishing: 12,187 establishments
• Software
IT Services: 228,373 establishments
•
•
•
•
•
Computer system design & implementation
Custom computer programming
Support and management
Maintenance & repair services
Computer training
employed
Telecom/Info Services: 67,047 establishments
U.S. Employer
Establishments
Telecom &
Info
Services
Includes technical and non-technical occupations.
The 357,940 figure includes employer firms ONLY –
firms with payroll and employees.
There are an estimated 878,243 self-employed,
non-employer entities. These could be consultants,
contractors, independent mobile app developers
and other individual entities without payroll.
IT Hardware Mfg.: 18,835 establishments
1,526,839
employed
Retail &
Wholesale
& Dist.
491,123
employed
•
•
•
•
Wired telecom services
Wireless telecom services
Satellite services
Data processing, hosting and search
services
Retail & Wholesale: 31,498 establishments
• Computer & software stores
• Computer, peripheral and software
wholesalers
• Online computer & related retailers
www.techvoice.org
Sources: EMSI | U.S. Bureau of Labor Statics Quarterly Census of Employment and Wages | CompTIA

8. Technology Adoption Progression
Trends
Innovators
Early
Adopters
Early
Majority
AntiTrends
Late
Majority
Late
Adopters
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9. Trends to Watch in 2014
 Technology Becomes a Core Competency for More Businesses
Macro
Trends
 Mass Customization Gets More Sophisticated
 Processes and Workflow Get a Makeover
 Technology Increasingly Embraced as the Remote Control of Life
 Cloud Wars Intensify
Tech
Trends
 Diverse Devices Flood the Market
 Big Data Has a Little Sibling
 Software’s Appetite is not Satisfied
Source: CompTIA
www.techvoice.org

10. And, the Anti-Trends…
 Enterprise digital divide persists
Macro
Anti-Trends
 Options overload (“good enough”)
 Reinventing work processes easier said than done
 Digital fatigue
 On-premise technology remains a mainstay
Tech
Anti-Trends
 The PC still critical business tool that sells a lot of units
 Some organizations not even ready for small data
 Large installed base; hardware-centric mindset
Source: CompTIA
www.techvoice.org

11. Thank You | Questions