A common saying in the technology industry is “innovate or die,” and with that mindset of constant innovation and product development (not just product or service pivoting) you are in constant growth mode. That is according to Steffen Kammerer, JLL Technology Practice Group Lead.
Kammerer recently chatted with GlobeSt.com about JLL's recent report on tech employment, which analyzed key factors in major markets across the US including wages, employment growth and more.
When asked what factors are driving national employment within the technology sector, Kammerer pointed out that “With the economy largely moving toward a fully mobile and technology enabled country, you're seeing growth in areas that were traditionally reserved for FIRE industries (finance, insurance, real estate). Fintech is a great example of a traditional industry that's been disrupted.”
He continues that the old fashioned newspaper is another great example. “Search engines and online websites, blogs, etc, have changed the way we take in the news. So what you're seeing is a shift in the types of jobs being created in the economy.”
He pointed to the manufacturing industry as an example. “A lot of those jobs moved overseas, but jobs that have remained in the US are highly technical and focused on product development rather than production.” He notes that “It's a secular shift in the business landscape and because of that, the tech industry is seeing stronger employment growth compared to other industries.”
Check back in the next day or two for more from Kammerer, where he discusses how the industry has changed over the past 10 years in terms of employment, which markets are best positioned for growth and why, and much more.
A common saying in the technology industry is “innovate or die,” and with that mindset of constant innovation and product development (not just product or service pivoting) you are in constant growth mode. That is according to Steffen Kammerer, JLL Technology Practice Group Lead.
Kammerer recently chatted with GlobeSt.com about JLL's recent report on tech employment, which analyzed key factors in major markets across the US including wages, employment growth and more.
When asked what factors are driving national employment within the technology sector, Kammerer pointed out that “With the economy largely moving toward a fully mobile and technology enabled country, you're seeing growth in areas that were traditionally reserved for FIRE industries (finance, insurance, real estate). Fintech is a great example of a traditional industry that's been disrupted.”
He continues that the old fashioned newspaper is another great example. “Search engines and online websites, blogs, etc, have changed the way we take in the news. So what you're seeing is a shift in the types of jobs being created in the economy.”
He pointed to the manufacturing industry as an example. “A lot of those jobs moved overseas, but jobs that have remained in the US are highly technical and focused on product development rather than production.” He notes that “It's a secular shift in the business landscape and because of that, the tech industry is seeing stronger employment growth compared to other industries.”
Check back in the next day or two for more from Kammerer, where he discusses how the industry has changed over the past 10 years in terms of employment, which markets are best positioned for growth and why, and much more.
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Natalie Dolce
Natalie Dolce, editor-in-chief of GlobeSt.com and GlobeSt. Real Estate Forum, is responsible for working with editorial staff, freelancers and senior management to help plan the overarching vision that encompasses GlobeSt.com, including short-term and long-term goals for the website, how content integrates through the company’s other product lines and the overall quality of content. Previously she served as national executive editor and editor of the West Coast region for GlobeSt.com and Real Estate Forum, and was responsible for coverage of news and information pertaining to that vital real estate region. Prior to moving out to the Southern California office, she was Northeast bureau chief, covering New York City for GlobeSt.com. Her background includes a stint at InStyle Magazine, and as managing editor with New York Press, an alternative weekly New York City paper. In her career, she has also covered a variety of beats for M magazine, Arthur Frommer's Budget Travel, FashionLedge.com, and Co-Ed magazine. Dolce has also freelanced for a number of publications, including MSNBC.com and Museums New York magazine.
