President & CEO
Harvey Nash USAPAC
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650,000 reasons to be proud of the U.S. tech sector
As CEO of Harvey Nash USAPAC, I'm proud go to work every day where I get a courtside view of my team of technology recruitment professionals as they support organizations and highly skilled experts who are pursuing astounding new technology innovations. It can sometimes be easy to forget the global impact teams like ours, and similar teams across the U.S. tech sector can have, both at home and overseas.
The impact of U.S. technology innovation
During the depths of the Great Recession we heard much about the explosive growth of the BRIC economies and the threat to American economic exceptionalism. Yet in 2015, Brazil, Russia, India and China's economies are struggling and a technology renaissance is driving the U.S. economy to new heights.
The recessionary experience of U.S. technology experts during 2008-2009 is now making a valuable difference around the world as previously fast-growing economies slow. U.S. organizations and highly skilled U.S. technologists are in demand as more emphasis is placed on using technology to secure business efficiencies. Combined with faster economic growth at home, the increasing technology demand from overseas is resulting in more U.S. tech jobs being created.
650,000 tech jobs adding value at home
As the U.S. economy surges into 2015, growing demand at home for U.S. technology skills is having a direct and positive benefit on U.S. employment rates. A recent report: Cyberstates 2015: The Definitive State-by-State Analysis of the U.S. Tech Industry confirms that "tech jobs were found to have risen more than 11 percent year over year, with over 650,000 job openings in Q4 2014."
Each of these 650,000 tech sector job openings relates to a personal success story, for the candidate who will fill the role and the U.S. firm who is hiring new technology talent. At Harvey Nash we see these uplifting stories every day and it's one of the many reasons I'm proud of the work we do, adding value to the U.S. tech sector.
The value that the technology sector adds to the U.S. economy continues to grow at a faster pace than the economy as a whole. According to research by CompTIA: "the tech industry accounts for 7.1 percent of the overall U.S. GDP and 11.4 percent of the total U.S. private sector payroll, with annual average wages that are more than double that of the private sector."
Why I'm proud
The movie "Imitation Game" depicts the WWII code-breaking exploits of Alan Turing who is considered by many to be the father of modern computer science. It is incredible to think of the advancements in computing technology in less than 70 years since Turing created his first algorithms and computations.
With a BS in Computer Science, I began my career in the 1970s working on computer operations and systems engineering, less than 30 years after Turing changed the fate of the world with his work. I'm fortunate to work in an industry that exists because of those breakthroughs.
I'm also a proud father of children who work in the tech sector, and a proud grandfather with a keen interest in the young people of a new generation that will be studying technical subjects to boost their employability and America's economic exceptionalism into an exciting new era.
There are at least 650,000 reasons to be proud if you went to work in the U.S. technology sector today. I believe that the global demand for U.S. technology skills, and America's ability to meet that demand, will continue to reshape a positive future for America.