7.3% 5.1% 4.2% 2.7%

San Francisco

Washington D.C.

New York City

Denver Chicago

Boulder

$44.42 $92,40039%

19%

21% 21%

SOURCEShttp://www.bls.gov/oes/current/oes_19740.htm#15-0000

http://tekblog.nexustek.com/blog/top-17-tech-companies-in-coloradohttp://www.forbes.com/sites/joelkotkin/2015/04/14/cities-creating-the-most-tech-jobs-2015/2/#6501dbf03a11

http://technical.ly/2016/01/27/denver-tech-scene-strengths/http://www.businessden.com/2015/12/31/822m-in-capital-pushes-denver-startups-to-2016/

https://www.comptia.org/docs/default-source/advocacydocs/cyberstates/comptia-cyberstates-2016-vfinal-v2.pdf?sfvrsn=2http://www.economicmodeling.com/2016/04/28/tech-sector-sweet-spot/

http://www.economicmodeling.com/2016/04/14/tech-sector-salaries-growing/http://www.bizjournals.com/denver/news/2015/11/18/denver-boulder-rank-high-as-emerging-tech-centers.html

http://www.us.jll.com/united-states/en-us/Documents/technology-trends/jll-us-2015-technology-trends-market-outlook.pdfhttp://www.builtincolorado.com/2016/01/18/colorado-technology-report

12

Tech Companies in Denver

of jobs are in tech industries

are in STEM annual high tech employment growth

annual tech wage growth

Sound promising? Here’s a look at the average employment and wages for tech workers:

Average hourly wage Average annual wage

Software developers, applications

Network and computer systems administrators

Software developers, system software Computer user

support specialists

3

4 5

6

Employment

EmploymentEmployment

14,820

7,8907,840

Average hourly wage

Average hourly wageAverage hourly wage

$50.16

$28.45$51.96

Annual average wage

Annual average wageAnnual average wage

$104,320

$59,170$108,070

Employment 7,160

Average hourly wage $41.18

Annual average wage $85,660

Experts Exchange takes a look at the emerging technology center in Colorado

Cities Poised to be Tech’s New Hotspots

Colorado at a Glance

Employment Outlook

TECH JOBS REACH NEW HEIGHTS IN THE MILE-HIGH CITY

2010-2015 Tech sector grew | Tech wages grew | 3%

10% Tech wages are eclipsing private-sector wages:

+$53k (99%) Wage Differential

Denver startups received more than $822 million in venture capital funding in 2015.

Denver’s startup roots begin with MapQuest, Photobucket and Rally Software. All three still have a presence in the city.

In 2015, there were 59 acquisitions totaling $2.7B+

from exit events.

Average Private Sector Wages

Average Tech Sector Wages$106k

$53k

Small Town Feel, Big City Funding

Concentration of tech workers

Tech’s contribution to Gross state product

9%

11.5%