Survey of 1,700-plus executives offers national, regional views on business conditions, investment plans, policy concerns
Technology companies plan to hire new staff over the next 12 months, but are concerned about a persistent shortage of tech talent, according to the second annual National Survey of Technology, Policy and Strategic Issuesreleased recently by the Technology Councils of North America (TECNA).
The survey by TECNA, a non-profit trade association of regional technology organizations which serves as a leading voice in growing the North American technology economy, reveals that nearly two-thirds (63 percent) of the 1,700-plus C-level executives surveyed say they intend to hire new staff over the next 12 months. Small companies (74 percent) and medium firms (72 percent) are the most optimistic on hiring.
At the same time, 69 percent of executives perceive a shortage in the quantity and quality of tech talent available to them. One-quarter say the shortage is “significant.”
“Companies are feeling better about business conditions, but the talent shortage issue has the potential to sidetrack growth,” said Steven G. Zylstra, TECNA chairman and president and chief executive officer of the Arizona Technology Council.
The talent shortage perception is present across all regions of the country. In the Midwest and West, 72 percent of respondents say there’s a shortage. The Northeast (67 percent) and South (65 percent) were slightly lower.
“The survey substantiates our efforts to champion policies such as STEM education, tax and regulatory reform and access to capital for innovators and start-ups,” Zylstra said. “From Capitol Hill to state capitals, and from legislative committee rooms to city halls, TECNA members continue to serve as the voice calling for a technology-based, pro-growth, business-focused agenda.”
The second annual TECNA survey provides current and future technology trends locally, regionally and nationally. The survey was conducted in partnership with CompTIA, the non-profit association for the IT industry.
Other Key National Findings
About the Survey
Data for this study was collected via a September 2013 online survey of 1,763 senior (C-level) IT, technology and business executives belonging to one of the regional technology associations affiliated with TECNA.
The Technology Councils of North America (TECNA) represents almost 50 IT and technology trade organizations that, in turn, represent more than 16,000 technology-related companies in North America. TECNA serves its members and the industry through its strong peer-to-peer network and its regional initiatives to raise the visibility and viability of the technology industry.
CompTIA is the voice of the world’s information technology (IT) industry. Its members are the companies at the forefront of innovation; and the professionals responsible for maximizing the benefits organizations receive from their investments in technology. CompTIA is dedicated to advancing industry growth through its educational programs, market research, networking events, professional certifications and public advocacy.
TechVoice is a partnership of CompTIA, TECNA and participating regional technology associations. Collectively, we represent thousands of technology companies across the country employing millions of workers. We are dedicated to empowering and mobilizing the grassroots tech community to impact legislative and regulatory issues important to growth, innovation and job creation.