Research reveals that mobile/wireless technologies are driving significant Michigan job creation and economic growth due to their use across a wide variety of industries in the state
PRLog - July 6, 2015 - DETROIT -- Recent research conducted by the Mobile Technology Association of Michigan (MTAM) in collaboration with the state’s economic development organization has determined that mobile/wireless technologies are driving job creation and economic growth across the State of Michigan.
The research indicates that as of June 2015:
• Every mobile/wireless tech-related position created in the State of Michigan also creates 6.54 additional jobs in the state
• In comparison, according to the research, a job created in the state’s automobile manufacturing industry creates 5.92 additional jobs for the state
• The average compensation for a mobile/wireless-related position in Michigan is over $89,000 annually, which is an increase of 48% from 2011, when this study was last completed
• If MTAM can help the state achieve the association’s target goal for Michigan mobile/wireless-related job creation of 9,250 new jobs by the end of 2020, according to the results of the research, Michigan will also have benefited from the creation of over 60,500 additional jobs in the state and over $3 Billion in new annual salaries/wages for Michigan residents.
As the state’s trade association for mobile/wireless technologies, MTAM’s unique perspective on the impact of these technologies has led them to conclude from this study that:
• The state is experiencing this growth due to the utilization of these technologies across many industries, including but not limited to: automotive and other transportation sectors, healthcare, entertainment, government, real estate, consumer products, energy, retail, banking and many more. This expansion of industries using mobile/wireless tech in new and exciting ways will continue.
• For the first time, job creation in Michigan driven by the increased use of mobile/wireless tech has surpassed jobs being created by our historic ‘main’ industry (automotive manufacturing); this presents an opportunity for economic diversification in the state that has not previously been available.
• There is a tremendous opportunity for success available to Michigan residents who choose to remain in the state to launch careers or start businesses involving these technologies.
• Financial success in mobile/wireless tech-related careers or businesses DOES NOT require relocation to the Silicon Valley or anywhere else, in fact, a much higher standard of living can be achieved here in Michigan due to the significantly higher cost-of-living in the Silicon Valley and other perceived U.S. ‘tech hot beds’. As an example, Michigan’s average mobile/wireless-related compensation of $89,000 annually would require a Silicon Valley salary of over $158,000 to achieve the same standard-of-living
“Michigan has an opportunity to become the ‘go to state’ for mobile/wireless technologies, particularly with regard to their use in the enterprise and the education opportunities we can provide,” states MTAM Executive Director, Linda Daichendt.
“MTAM has a number of initiatives we’re working on to help position us as that ‘go to state’, however, what Michigan needs most to make it happen is increased collaboration between us and education, government, business & industry, non-profits and all the programs/initiatives across the state related to these technologies,” Daichendt says. “We need to work together on strategies to increase training opportunities in Michigan in all industries and job areas where these technologies are being, or will be, utilized. We also need to extensively promote mobile/wireless as a career opportunity no matter what industry interests someone, increase awareness in Michigan businesses and industries about the productivity and profitability gains to be achieved with the use of these technologies, and promote nationally and globally the mobile/wireless tech innovation taking place here.”
Learn more about the mobile/wireless-related work being done in Michigan at http://www.gomobilemichigan.org/MobileInMichigan. Contact MTAM at info@GoMobileMichigan.org if you would like to be involved in making Michigan the ‘go to state’ for mobile/wireless tech.
About the Mobile Technology Association of Michigan
MTAM is a non-profit trade association for Michigan’s mobile / wireless technologies, the firms who provide them, and the firms – in all industries – who use them. The organization's mission is to facilitate conversation/collaboration between varied sectors of the mobile/wireless eco-system and serve as the bridge to enable diverse organizations to understand each other’s perspectives and needs in order to drive new innovation and opportunities involving these technologies; to increase the use of Michigan-based mobile/wireless technology products and services in-state, nationally and globally; to increase the productivity and profitability of every industry vertical in Michigan via the use of these technologies; to create sustainable jobs and increased entrepreneurial opportunities in the state based on the use of these technologies, thereby achieving substantial growth of Michigan’s economy; and to help the communities we serve via the use of these technologies. Information about MTAM can be found at www.GoMobileMichigan.org.
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Mobile/Wireless Technologies Are Creating Jobs in Many Michigan Industries, and Economic Growth for the State
July 06, 2015 at 11:55 AM EDT
