Technology Association of Georgia
FOR IMMEDIATE RELEASE
Technology Association of Georgia Unveils 2016 Report on Georgia’s Technology Industry
The TAG 2016 State of the Industry: Georgia Report presented at Georgia Technology Summit
ATLANTA (March 17, 2016) - The Technology Association of Georgia (TAG), the state’s leading association dedicated to the promotion and economic advancement of Georgia’s technology industry, unveiled its 2016 State of the Industry: Technology in Georgia Report at Thursday’s Georgia Technology Summit at the Cobb Galleria.
The report contains key data on Georgia’s technology landscape and serves as a valuable resource for facts, statistics, trends and other insights into the state’s technology industry. More than 1,300 Summit attendees received key findings from the report, which highlights the achievements and challenges facing the state’s technology community. Some of statistics from the report includes:
- Georgia’s tech sector produced more than 12,000 new jobs in 2015
- Georgia’s invested venture capital increased more than 70 percent in 2015 to reach $836.1 million
- Surveyed Technology Decisions Makers listed Security as the Most Important Technology Initiative
"Georgia's technology industry continues to grow as a critical part of the state's overall economy," said Tino Mantella, president & CEO of TAG. “Our goal with this year's report is to identify the elements of success for the state's technology economy through Talent, Capital and Innovation, help us better understand our strengths and areas for improvement, and create a path for Georgia to become a Top Five technology state."
This year’s TAG State of the Industry: Technology in Georgia Report focuses on Defining the Elements of Success for Georgia's Technology Economy and features a Gap Analysis that will identify where Georgia ranks as a Top Five Technology State. A matrix of key findings in existing research for Talent, Capital and Innovation will report on where Georgia’s relative standing to other states are in regard by measuring each area for Scope, Scale and Momentum. Additionally, we will be updating the Innovation Index, which compares the state's performance in such areas as human capital, economic dynamics and productivity. Primary and secondary research for the report is conducted by Internet Decisions, LLC, including TAG’s annual Technology Decision Makers Survey which polled more than 300 of Georgia’s technology executives about how innovation is affecting our technology community.
This year's report was made possible by the following sponsors: Cherry Bekaert, Arketi, the City of Sandy Springs, ControlScan, EVO Payments International, Georgia Research Alliance, The Georgia Tech College of Engineering, Invest Atlanta, McKesson, Metro Atlanta Chamber, Pindrop and Allied Business Systems.
"Georgia continues to develop and attract significant technical talent and our access to investment capital has improved dramatically in recent years," said Keith Herndon, president of Internet Decisions. "The research shows that technology talent and capital combine to create a powerful job engine for Georgia, but we still have work to do to create a cohesive technology ecosystem that will raise Georgia's profile as a place where innovation occurs."
The full State of the Industry: Technology in Georgia Report is available at: www.tagstateoftheindustry.com.
About The Technology Association of Georgia (TAG)
TAG is the leading technology industry association in the state, serving more than 30,000 members through regional chapters in Metro Atlanta, Athens, Augusta, Columbus, Macon/Middle Georgia and Savannah.
TAG’s mission is to educate, promote, influence and unite Georgia’s technology community to foster an innovative and connected marketplace that stimulates and enhances Georgia's tech-based economy.
The organization hosts over 200 events each year and serves as an umbrella organization for 34 professional societies. Additionally, the TAG Education Collaborative (TAG’s charitable arm) focuses on helping science, technology, engineering and math (STEM) education initiatives thrive.
For more information visit the TAG website at http://www.tagonline.org.
To learn about the TAG-Ed Collaborative visit http://www.tagedonline.org/.