Presentation on theme: "…serving the northeast Ohio information technology industry since 1998."— Presentation transcript:
…serving the northeast Ohio information technology industry since 1998.
~900 member companies o IT Services, software companies, web development, etc. o Typically 10-50 employees
NEOSA focuses on five, key strategies: Promoting the regional IT industry in the media, to schools, students, etc.; helping members make connections for business development; providing education and training opportunities; affecting the workforce in terms of supply/quality and advocating on behalf of the industry.
2012 and more… Events/Podcasts Advocacy Third Frontier R.I.T.E. Tech education in the CLE Tech Week 2011, 2012 And beyond…
Other Resources The NEOSA blog Twitter: @neosa_nellis LinkedIn Group: NEOSA Podcasts: iTunes cosemindspring.com Advocacy
What does the regional IT industry look like? Fairly young companies 19% launched since 2008 17% in biz 6-10 years ~40% in biz 15+ years Typically smaller 2/3rds 25 or fewer employees ~ 10% with >$5m in revenue We peg our bell curve at 10-50 employees
Diverse services for diverse clients Manufacturing accounts for about 32% of clientele Technical, Healthcare, Finance significant too What does the regional IT industry look like?
A good base of local clients, but strong sales outside the region too What does the regional IT industry look like?
National and global businesses 40% have clients outside Ohio 31 states represented Nearly 10% have clients outside the country 12 different countries represented What does the regional IT industry look like?
How is the industry doing? NEOSA Quarterly Survey: healthy performance positive trends optimism is high strong hiring climate
Most recently: Q4: good /very good - 79% Positive sign / All-time high Q4 better / much better than Q3 - 61% Up slightly over last quarter, positive 9 month trend Performance vs. last year – better/much better: 68% Solid, upward trend How is the industry doing – c urrent / comparative performance
Most recently: Very high expectations for an even better 2012 How is the industry doing – business expectations
Most recently: Historic highs for the past four quarters Almost everyone is hiring How is the industry doing: hiring plans