Often Orlando's Tech economy is misunderstood, this brief slideshow illustrates the great potential of Orlando's growing tech scene and how pervasive this industry really is.

1. Understanding Orlando’s
Tech Economy
October 14, 2015

2. Any analysis of Orlando’s tech economy requires a
full accounting of the tech ecosystem.
TECH INDUSTRIES NON-TECH INDUSTRIES
NON-TECH JOBS
TECH
JOBS
TECH
JOBS
NON-TECH JOBS
(not counted)
TECH
JOBS
ORLANDO
TECH ECONOMY

3. The Orlando economy includes 80,000 jobs that are
enabled by, produce, or facilitate technology.
19,000 27,000 34,000
Tech Jobs in Tech Industries
Example: Programmer at EA
Non-Tech Jobs in Tech Industries
Example: Sales Rep at Lockheed
Tech Jobs in Non-Tech Industries
Example: Web Developer at SunTrust
ORLANDO TECH ECONOMY – 80,000 JOBS
Source: EMSI; Orlando EDC Analysis

4. From 2005 to 2015, Orlando tech employment expanded by
almost 10,000 jobs, growing at a faster rate than both total
Orlando and total U.S. employment.
13.0%
12.0%
4.8%
0%
3%
6%
9%
12%
15%
Orlando Tech Economy Orlando Total U.S. Total
Source: EMSI; Orlando EDC Analysis

5. 761
6,483
2,783
18,550
1,865
9,916
27,888
1,158
5,573
3,307
676
2,203
1.3%
4.6% 3.7%
0.8%
24.5%
14.9%
3.0% 3.9%
2.7% 2.0%
4.8%
0%
10%
20%
30%
40%
50%
60%
70%
0
5,000
10,000
15,000
20,000
25,000
30,000
ConstructionEducation/Health Finance Information Leisure/Hosp. Mfg Business Svcs Other Svcs Retail Gov. Trans & Utilities Wholesale
Tech Jobs (left axis)
Share of Sector (right axis)
TOTAL TECH EMPLOYMENT
81,163
76.0%
Employment in Orlando’s tech economy is spread
across all sectors.
Source: EMSI; Orlando EDC Analysis

6. Employment is focused disproportionately in high-
wage sectors.
16.1%
34.4%
2.1%
22.8%
3.5%
12.2%
78.2%
30.6%
Total Orlando
Economy
Tech Economy
Business Services Information Manufacturing OTHER
Source: EMSI; Orlando EDC Analysis

7. Workers in the Orlando tech economy earn 57% more than
the average region-wide wage.
$75,285
$53,042
$65,581
$63,649
$0
$20,000
$40,000
$60,000
$80,000
$100,000
Tech Jobs in Tech Industries Non-Tech Jobs in Tech
Industries
Tech Jobs in Non-Tech
Industries
Orlando Tech Economy
Average Annual Wage
Regional Average = $40,580
Source: EMSI; Orlando EDC Analysis

8. The Orlando tech economy includes more than just highly-
educated workers – 51% of jobs do not require a Bachelor’s
degree.
30.5%
69.8%
48.5%
51.4%
0%
20%
40%
60%
80%
100%
Tech Jobs in Tech Industries Non-Tech Jobs in Tech
Industries
Tech Jobs in Non-Tech
Industries
Orlando Tech Economy
No Bachelor’s Degree Required
Regional Average = 81.0%
Source: EMSI; Orlando EDC Analysis

9. Jobs in the Orlando tech economy that do not require
Bachelor’s degrees pay 37% more in wages than jobs with
the same educational requirements in other industries.
$47,303
$40,212
$47,514
$44,130
$0
$20,000
$40,000
$60,000
$80,000
Tech Jobs in Tech Industries Non-Tech Jobs in Tech
Industries
Tech Jobs in Non-Tech
Industries
Orlando Tech Economy
Wages for Jobs That Do Not Require a Bachelor’s Degree
Regional Average = $32,121
Source: EMSI; Orlando EDC Analysis

10. Building a Tech Ecosystem:
Orlando’s Challenges & Opportunities
ROUNDTABLE

11. Education & Workforce
 How best can we expose students to tech careers early?
 Are existing higher education programs across the region
meeting employer demand in both quantity and quality?
 What can local industry do to participate more actively in
workforce development?

12. Real Estate & Infrastructure
 Is Orlando’s existing real estate inventory able to
accommodate tech firms from incubation to maturity?
 How does the region’s product compare nationally?
 Is connectivity a challenge, or might it become one?

13. Attraction & Retention
 How should the region brand itself to employers of tech
talent?
 What investments should be made to make the region
as attractive as possible to employees?