Vermont Connected - Global Z Tech in Vermont

Post on 24-Jun-2015

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Vermont is not always the first place people think of when they are asked to consider call out tech hubs, but our state has been noticed on a national level as a burgeoning place of technological innovation. Dimitri Garder of Global Z shares his perspectives on why his company is in Vermont, and why he stays.

Transcript of Vermont Connected - Global Z Tech in Vermont

Global-Z International:The Modern Family Farm

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…in this Problem Domain

Organization: Mandarin OrientalBuilding #: 5

5號Street Name: Connaught Road Central

干諾道中Subdivision: Chung Wan

中環Area: Central

中西區District: HK

香港島Country: Hong KongLatitude: 22°16'54.3"NLongitude: 114°09'33.5"E

Mandarin Oriental

5 Connaught Road, Hong

Kong

Address1 City Province PostcodeTHERESIENSTR. 29 MUNICH 80333THERESIENSTR. 29 MUNICH 80333THERESIENSTRASSE 29 MNCHEN 80333THERESIENSTR 29 MNCHEN 80333THERESIENSTRASSE 29 MUENCHEN 80333

Address District City PostcodeTheresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333Theresienstr. 29 Maxvorstadt Munich 80333

• Marketing Communication• Customer Identity Management• MDM• CRM• Big Data

14 Astell StreetLondonSW3 3RUUNITED KINGDOM

- Dimitri Garder- Dimitri Garder- Dimitri Garder

19Employees, and counting

25Years in Business

8.8%CAGR 1998-2012

(14 years)

13Average Employee Tenure in

Years

5.7Average Customer Tenure in

Years

8.0Average Tenure of Top 10

Customers

13.5Average Tenure of Top 3

Customers

Why we Started

How we Started

Where we Started

Why Vermont?

Community

Family

3-6Months to Fill a Job Opening

6-12Months to Train a New Recruit

1%Average Employee Turnover

Rate

Challenges

Labor Market

3.5%Vermont’s Unemployment Rate

14%Bennington’s Poverty Rate

Bennington’s Poverty Rate

Source: governor.vermont.gov

Rank Town Per-capita Income

Population

1 Old Bennington $40,884 139

2 Manchester Village $40,851 749

9 Dorset $32,956 2,031

13 Manchester $30,499 4,391

48 Arlington $23,277 2,317

66 Sandgate $22,096 405

69 Shaftsbury $22,035 3,590

127 Sunderland $19,453 956

171 Woodford $17,752 424

178 Pownal $17,669 3,527

188 Bennington $17,290 15,764

205 North Bennington $16,832 1,643

237 Glastenbury $15,436 8

282 Ferdinand $9,138

Source: http://en.wikipedia.org/wiki/Vermont_locations_by_per_capita_income

Income Disparity

-581Vermont’s 2012 Population

Decline

#2Vermont’s Nationwide Rank in

Median Age

16.4%Vermont’s Population 65 and

Over

25%Projected 65+ in 2030

Outstanding Employee Benefits

401(K) with Match

Profit Sharing

100% Sponsored Family Health Plan

Lots of Holidays

Flexible Work Environment

Lots of Birthday Cake

Vermont’s Brand

Create a Local Brand

Build a Local Brand

Community Support

• Regional Development Corp.• Bennington Chamber of Commerce• Workforce Investment Board• Bennington Economic Development

Partners• Better Bennington Corporation• VT Business Roundtable• Bennington Idea Fund

Vermont Expats

Envisioning Vermont’s Future

Market Key Performance IndicatorsS

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Grass Roots

Thank You!