Presentation given for MassTLC CXO Forum: Designing the Future in an age of Disruption.

1. @2016 MASSTLC ALL RIGHTS RESERVED
State of the Tech Economy
Tom Hopcroft, President & CEO
Mass Technology Leadership Council
June 21, 2016

2. @2016 MASSTLC ALL RIGHTS RESERVED
INDUSTRY
GOVERNMENT
INVESTORS
ACADEMIA
ENTREPRENEURS
Key Facts:
Industry Assn. – IRC 501(c)(6)
500+ Company Members
Start-ups to Enterprise
Pulse of Technology:
Big Data
Cloud
IoT
Ed Foundation – IRC 501(c)(3)
Mobile
Robotics
Security
©2016 MASSTLC ALL RIGHTS RESERVED
Industry’s Voice for Tech in MA
MassTLC is the state’s largest non-profit tech group
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Tech is a Major Driver of MA Economy
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Tech Underpins 35% of MA Jobs Tech Underpins 46% of MA Payroll
Tech Underpins 31% of MA GSP Tax Resulting = 16% of MA Budget
Source: MassTLC 2016 State of Technology Economy Report
Analysis conducted for MassTLC by the UMass Donahue Institute on 2016 Cyberstates
data with economic impact calculations based on 2013 IMPLAN model for Massachusetts.

4. @2016 MASSTLC ALL RIGHTS RESERVED
MA is well positioned to lead…
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…but talent remains the #1 constraint
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Tech Sector Growth Underperforming MassTLC
2020 Challenge of 100K New Jobs this Decade
Current ratio of tech job
openings to graduates
Source: MassTLC 2016 State of Technology Economy Report
Analysis conducted for MassTLC by the UMass Donahue Institute on 2016 Cyberstates
data with MassTLC 2020 Challenge targets rationalized with new federal data codes.

6. @2016 MASSTLC ALL RIGHTS RESERVED
Talent is distributed evenly in populations,
Unfortunately, opportunities are not.
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Just bringing participation of women up to that of men would bring another 78,000
workers off the sidelines and into an economy that pays twice the state average
Source: MassTLC 2016 State of Technology Economy Report
Analysis conducted for MassTLC by the UMass Donahue Institute on 2016 Cyberstates
data plus research conducted by MassTLC & Bentley on women on MA Tech boards.

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2014 » 19 Teams » 76 Girls
2015 » 28 Teams » 112 Girls
2016 » 39 Teams » 156 Girls
Changing the Equation
for Girls in Tech
MassTLC Showcase Winners
Honored at MA State House

8. TRANSFORM
A Purpose-Driven Conversation & Idea-a-thon
November 17, 2016
www.masstlctransform.org
TRANSFORM is a purpose-driven experience
designed to develop actionable outcomes with
breakthrough insights for industry, academia,
and policy leaders to address the social,
political, and economic structures of our times:
• Population Demographics & Urbanization
• Automation, Labor Markets, Talent, Skills
• Democratization of Regulated Industries
• Telling Our Story: Boston’s Brand Identity

9. @2016 MASSTLC ALL RIGHTS RESERVED
May 17, 2016
“[F]ailing to bring more women and
minorities into the tech workforce
could hurt the state’s attempts to stay
ahead in a growing national race to
build local tech hotbeds.”