Experts Exchange takes a look at the emerging technology center in Colorado

1. 7.3% 5.1% 4.2% 2.7%
San Francisco
Washington D.C.
New York City
Denver Chicago
Boulder
$44.42 $92,400
39%
19%
21% 21%
SOURCES
http://www.bls.gov/oes/current/oes_19740.htm#15-0000
http://tekblog.nexustek.com/blog/top-17-tech-companies-in-colorado
http://www.forbes.com/sites/joelkotkin/2015/04/14/cities-creating-the-most-tech-jobs-2015/2/#6501dbf03a11
http://technical.ly/2016/01/27/denver-tech-scene-strengths/
http://www.businessden.com/2015/12/31/822m-in-capital-pushes-denver-startups-to-2016/
https://www.comptia.org/docs/default-source/advocacydocs/cyberstates/comptia-cyberstates-2016-vfinal-v2.pdf?sfvrsn=2
http://www.economicmodeling.com/2016/04/28/tech-sector-sweet-spot/
http://www.economicmodeling.com/2016/04/14/tech-sector-salaries-growing/
http://www.bizjournals.com/denver/news/2015/11/18/denver-boulder-rank-high-as-emerging-tech-centers.html
http://www.us.jll.com/united-states/en-us/Documents/technology-trends/jll-us-2015-technology-trends-market-outlook.pdf
http://www.builtincolorado.com/2016/01/18/colorado-technology-report
1
2
Tech Companies in Denver
of jobs are in
tech industries
are in STEM annual high tech
employment growth
annual tech
wage growth
Sound promising? Here’s a look at the average
employment and wages for tech workers:
Average hourly wage Average annual wage
Software developers,
applications
Network and computer
systems administrators
Software developers,
system software Computer user
support specialists
3
4 5
6
Employment
Employment
Employment
14,820
7,890
7,840
Average hourly wage
Average hourly wage
Average hourly wage
$50.16
$28.45
$51.96
Annual average wage
Annual average wage
Annual average wage
$104,320
$59,170
$108,070
Employment 7,160
Average hourly wage $41.18
Annual average wage $85,660
Experts Exchange takes a look at the
emerging technology center in Colorado
Cities Poised to be Tech’s New Hotspots
Colorado at a Glance
Employment Outlook
TECH JOBS REACH
NEW HEIGHTS IN
THE MILE-HIGH CITY
2010-2015
Tech sector grew |
Tech wages grew | 3%
10%
Tech wages are eclipsing private-sector wages:
+$53k (99%)
Wage Differential
Denver startups received more
than $822 million in venture
capital funding in 2015.
Denver’s startup roots begin
with MapQuest, Photobucket
and Rally Software. All three
still have a presence in the city.
In 2015, there were 59
acquisitions totaling $2.7B+
from exit events.
Average Private Sector Wages
Average Tech Sector Wages
$106k
$53k
Small Town Feel, Big City Funding
Concentration of tech workers
Tech’s contribution to
Gross state product
9%
11.5%