2018 State of the Tech Industry Report

The 2018 State of the Tech Industry Report outlines significant developments in the Middle Tennessee technology sector over the past year. It highlights the growth in job opportunities, an increased focus on STEM education, and the region's rising profile as a destination for tech companies. The report details the cooperative ecosystem in the greater Nashville area that fosters innovation and attracts tech talent. It notes Nashville's ranking as 4th in the nation for startup growth and 2nd for millennial-owned small businesses. The document presents data on business relocations and expansions, including major companies like Philips and AllianceBernstein, which have contributed to job creation. It emphasizes the economic impact of the tech sector, which is reported to exceed $6 billion, and discusses the initiatives undertaken to develop tech talent, including the launch of Apprenti TN, a tech apprenticeship program. The report concludes by addressing the ongoing demand for tech workers and the efforts to bridge the opportunity gap in the local economy.