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INFORMATION TECHNOLOGY
INDUSTRY PROFILEInformation Technologyfor Arapahoe & Douglas CountiesColorado WIOA Central Planning Region
January 2017
INFORMATION TECHNOLOGYThe information technology (IT) cluster supports business activities in all other sectors of the economy with a variety of products and services, ranging from virus protection and other security programs for computers to specialized, custom software and computer integrated systems design. Technology enterprises are high-knowledge, human capital-based businesses that are expanding globally. This industry cluster report is based on a narrow definition of information technology to avoid double-counting workers in other technology clusters such as telecommunications and aerospace. This analysis divides information technology into two clusters: software and hardware.
A broader information technology cluster definition includes companies involved in software, hardware, and telecommunications. The definition can be expanded to include individuals employed in information technology occupations across all industries. Using this broader definition, the Colorado Technology Association (CTA)reports there are approximately 146,800 information technology workers in the state representing more than12,000 software, Internet, hardware, telecommunications, and related technology companies.
IT-software was the nine-county Metro Denver and Northern Colorado region’s1 fastest growing cluster in 2016, posting 9.4 percent employment growth between 2015 and 2016. In fact, this cluster grew at its fastest pace since 2001 as a result of landmark company expansion and venture capital activity. The region is home to more than 54,580 IT-software workers in nearly 5,180 companies, employing 2.4 percent of the region’s total employment base. Employment in the region’s IT-software industry grew for the sixth-consecutive year in 2016, adding over 13,920 workers between 2010 and 2016.
The region’s talent pipeline is a key ingredient for its entrepreneurial and innovative environment and is fueledby a growing IT-software workforce across the state. Colorado attracts young, scientific, and technical talent with millennials being the largest generational group of the total population. According to the U.S. Chamber ofCommerce Foundation, one-half to two-thirds of the millennials are interested in entrepreneurship, and 27 percent are already self-employed. Colorado has the third-highest concentration of tech workers, with 9 percent of the state’s private sector workforce employed in technology firms, according to the CompTIA’s Cyberstates 2016 report. The state’s tech industry payroll was $19.9 billion, with the ninth-highest average tech wage totaling $106,350.(courtesy of Metro Denver Economic Development Corporation)
Background
RankingsBusiness Insider ranked Colorado’s economy the third best in the coun-try, based on recent change in housing prices, nonfarm payroll growth, unemployment rate, GDP per capita, average weekly wage, and state government surplus and deficit.
Forbes ranked Metro Denver sixth of fastest growing cities in 2015. Factors that earned us this standing included our 4 percent unemploy-ment rate 2.66 percent job growth rate.
According to Money magazine, Denver is the best city to live in the West. The ranking called Metro Denver a “mecca for millennials” and that the city has relatively affordable real estate and great access to recreation.
WalletHub ranked three Metro Denver cities among the best in the country for first-time home buyers: Centennial ranked third, Longmont ranked ninth, and Thornton ranked 10th.
INFORMATION TECHNOLOGY
Top Employment Concentrations by County
County 2016 JobsBusiness
Establishments
Denver County, CO 17,065 1,808 1.68
Arapahoe County, CO 15,089 1,357 2.24
Boulder County, CO 13,818 1,379 3.64
Jefferson County, CO 7,393 1,116 1.48
Douglas County, CO 5,692 1,030 2.28
Broomfield County, CO 3,744 268 4.91
Larimer County, CO 3,620 571 1.10
Adams County, CO 1,553 345 0.37
Gilpin County, CO 24 13 0.21
Clear Creek County, CO 21 8 0.30
National Location Quotient
Employment Concentrations
Source: EMSI 2016.4 – QCEW Employees, Non-QCEW Employees & Self-Employed Class of Worker
This map show where the highest concentration of employment are in the information technology sector, by county, within the Colorado Central Planning Region.
2
Competitive Wage Analysis
4
INFORMATION TECHNOLOGYThis table shows employment within the Colorado Central Planning Region in the top 20 occupations in the sector. Regional wage ranges and the median wage are shown, with yellowed cells indicating where wage offers may have to fall to attract and retain qualified candidates based on labor supply (applicants per job opening).
Median Wage
ApplicantsPer Job
OpeningsAverageWage
10th Percentile
Wage
25thPercentile
Wage
75thPercentile
Wage
90thPercentile
Wage
$33.140.41 $36.42 $20.67 $25.76 $43.26 $56.06
$48.920.36 $49.79 $31.66 $39.16 $59.11 $71.44
$34.100.48 $38.80 $18.59 $24.29 $46.78 $65.06
$50.841.17 $50.43 $30.10 $40.22 $61.05 $71.54
$51.500.42 $52.32 $32.72 $41.85 $61.94 $74.58
$35.930.84 $38.46 $20.21 $26.28 $47.24 $61.41
$42.590.24 $45.02 $27.55 $33.71 $54.07 $69.03
$54.231.17 $64.77 $24.40 $35.58 $84.55 $123.58
$25.980.26 $29.49 $17.99 $20.49 $36.34 $46.68
$27.190.81 $32.38 $12.12 $18.11 $40.19 $58.54
Source: EMSI 2016.4 QCEW Employees, Non-QCEW Employees & Self-Employed Class of Worker
$46.670.84 $50.76 $23.63 $32.87 $62.25 $89.28
$39.020.30 $41.84 $25.02 $31.64 $50.45 $59.26
$40.180.43 $40.44 $24.96 $31.79 $49.32 $57.80
$31.280.45 $33.08 $20.11 $24.58 $39.96 $51.15
$69.871.30 $75.96 $47.64 $57.65 $87.56 $144.85
$44.660.55 $44.31 $25.44 $34.53 $54.40 $62.20
$26.130.36 $27.84 $16.84 $20.85 $33.37 $42.49
0.50 $17.48 $20.55 $25.13$16.57$13.53$11.50
0.46 $51.03 $60.39 $72.44$51.39$39.93$31.95
Description
Accountants & Auditors
Software Developers, Applications
Market Research Analysts & Marketing Specialists
Computer Hardware Engineers
Software Developers, Systems Software
Business Operations Specialists, All Other
Computer Systems Analysts
General & Operations Managers
Web Developers
Sales Representatives, Services, All Other
Sales Representatives, Wholesale & Manufacturing, Technical & Scientific Products
Computer Programmers
Network & Computer Systems Administrators
Computer Network Support Specialists
Computer & Information Systems Managers
Computer Occupations, All Other
Computer User Support Specialists
Customer Service Representatives
Computer Network Architects
Management Analysts
SOCCode
13-2011
15-1132
13-1161
17-2061
15-1133
13-1199
15-1121
11-1021
15-1134
41-3099
41-4011
15-1131
15-1142
15-1152
11-3021
15-1199
15-1151
43-4051
15-1143
13-1111
1,314
12,422
1,391
1,108
5,264
2,025
3,681
1,512
1,630
2,305
Total Number Jobs (in industry)
1,204
1,935
2,530
1,094
2,203
2,097
3,939
1,569
1,291
877 $37.18
1,445
724
463
86
335
779
429
1,381
153
675
Annual Openings
185
130
264
103
237
178
406
1,634
99
592
589
263
223
100
142
655
102
1,613
40
550
Available Applicants
156
40
115
46
307
99
144
823
46
220 0.37 $39.60 $23.05 $29.62 $46.75 $63.25
29,474
20,232
11,131
3,027
10,888
32,765
7,837
30,440
3,091
18,970
Total Number Jobs (across industries)
5,386
3,041
8,822
3,539
5,798
7,580
11,114
32,907
3,513
10,985
INFORMATION TECHNOLOGY Industry GrowthThis table shows projected yearly job growth through 2021. The National Location Quotient shows the relative concentration of employment in this industry in the Colorado Central Planning Region versus the national average. For example, with a Location Quotient of 3.75, you would read, “employment is 3.75 times more concentrated in the Colorado Central Planning Region than the national average.”
25,000
20,000
15,000
10,000
5,000
0
30,000
2.50
1.50
1.00
0.50
0.00
3.00
2.00
2021 Jobs
2016 Jobs
National Location Quotient
Data
Proc
essing
, Hos
ting &
Re
lated
Serv
ices
Inter
net P
ublis
hing &
Br
oadc
asting
& W
eb
Searc
h Por
tals
Softw
are Pu
blish
ers
Custo
m Co
mpute
r Pr
ogram
ming
Serv
ices
Comp
uter S
ystem
s De
sign S
ervice
s
Othe
r Com
puter
Re
lated
Serv
ices
Comp
uter F
acilit
ies
Mana
geme
nt Se
rvice
s81
385
6
27,2
61
24,3
33
3,40
93,
1768,
611
8,21
7
11,0
8010
,464
1,98
91,
797
20,1
66
22,5
34
INFORMATION TECHNOLOGY Difficult to Hire
Occupation (SOC)
42 146 3.48Computer Network Support Specialists
763 1,677 2.20Business Operations Specialists, All Other
1,021 1,970 1.93General & Operations Managers
94 110 1.17Computer Hardware Engineers
2,057 2,008 0.98
Software Developers, Systems Software
611 568 0.93
Accountants & Auditors
1,370 1,206 0.88
Market Research Analysts & Marketing Specialists
1,999 1,622 0.81
Sales Representatives, Services, All Other
192 152 0.79
Customer Service Representatives
598 437 0.73
Hires Per Listing
Computer Network Architects
1,331 561 0.42
Computer Programmers
627 246 0.39
Computer User Support Specialists
2,697 865 0.32Software Developers, Applications
407 125 0.31
Computer & Information Systems Managers
1,274 368 0.29
Sales Reps, Wholesale & Manufacturing, Technical & Scientific Products
1,384 343 0.25Computer Systems Analysts
1,844 442 0.24Network & Computer Systems Administrators
868 207 0.24
Computer Occupations, All Other 2,867 356 0.12
Web Developers 1,100 119 0.11
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Avg Monthly Postings
Avg Monthly Hires
This chart shows the relationship between the number of job listings versus the number of hires for each of the top occupations in the sector.
If there are more listings than hires, it suggests that there are not enough qualified people to fill all the jobs.
If there are more hires than listings, it suggests there may be too many qualified people to fill too few jobs.
Very DifficultDifficultVery Easy MediumEasyDifficulty to Hire
Management Analysts
INFORMATION TECHNOLOGYTop Jobs Currently Listed in the Central Planning Region Last 120 Days
Top Jobs
Source: Wanted Analytics
Software Developers, Applications
Occupation Code15113200Volume
514Volume Prior Year
486
Computer Systems Analyst
Occupation Code15112100Volume
276Volume Prior Year
313
Web DevelopersOccupation Code
15113400Volume
329Volume Prior Year
301
Marketing Managers
Occupation Code11202100Volume
102Volume Prior Year
51
Computer User Support Specialists
Occupation Code15115100Volume
272Volume Prior Year
297
Information Technology
Project ManagersOccupation Code
15119909Volume
163Volume Prior Year
173
Management Analysts
Occupation Code13111100Volume
107Volume Prior Year
139
Computer System Engineers/ Architects
Occupation Code15119902Volume
162Volume Prior Year
134
Sales Representatives, Wholesale &
Manufacturing, Technical & Scientific
ProductsOccupation Code
41401100Volume
57Volume Prior Year
49
Computer ProgrammersOccupation Code
15113100Volume
103Volume Prior Year
140
Software Quality Assurance Engineers
& TestersOccupation Code
15119901Volume
173Volume Prior Year
161
Database AdministratorsOccupation Code
15114100Volume
86Volume Prior Year
115
Information Security Analysts
Occupation Code15112200Volume
162Volume Prior Year
128
Sales ManagersOccupation Code
11202200Volume
75Volume Prior Year
57
Computer & Information
Systems ManagersOccupation Code
11302100Volume
82Volume Prior Year
86
Sales Representatives,
Services, All OtherOccupation Code
41309900Volume
49Volume Prior Year
47
Network & Computer Systems
AdministratorsOccupation Code
15114200Volume
526Volume Prior Year
492
Software Developers, Systems
SoftwareOccupation Code
15113300Volume
58Volume Prior Year
29
AccountantsOccupation Code
13201101Volume
57Volume Prior Year
43
Computer Network Architects
Occupation Code15114300Volume
43Volume Prior Year
40
INFORMATION TECHNOLOGY Training PipelineHere are the top 20 jobs in the industry, by number employed and educational attainment level.
Source: QCEW Employees, Non-QCEW Employees & Self-Employed - EMSI 2015.3 Class of Worker
Associate’s Degree
8
Postsecondarynon-degree
Sales Representatives, Services, All OtherSOC Code: 41-30992016 Jobs: 18,970
Annual Openings: 675Regional Completions: 55Completers/Opening: 0.08
Customer Service Representatives
SOC Code: 43-40512016 Jobs: 32,907
Annual Openings: 1,634Regional Completions: 0
Completers/Opening: 0.00
High School or equivalent
Bachelor’sDegree
General & Operations Managers
SOC Code: 11-10212016 Jobs: 30,440
Annual Openings: 1,381Regional Completions: 6,084Completers/Opening: 4.40
Computer & Information Systems ManagersSOC Code: 11-3021
2016 Jobs: 5,798Annual Openings: 237
Regional Completions: 1,461Completers/Opening: 6.16
Management AnalystsSOC Code: 13-11112016 Jobs: 10,985
Annual Openings: 592Regional Completions: 5,942Completers/Opening: 10.03
Market Research Analysts & Marketing Specialists
SOC Code: 13-11612016 Jobs: 11,131
Annual Openings: 463Regional Completions: 338Completers/Opening: 0.73
Business Operations Specialists, All OtherSOC Code: 13-11992016 Jobs: 32,765
Annual Openings: 779Regional Completions: 50Completers/Opening: 0.06
Accountants & AuditorsSOC Code: 13-20112016 Jobs: 29,474
Annual Openings: 1,44Regional Completions: 831Completers/Opening: 0.58
Computer Systems AnalystsSOC Code: 15-1121
2016 Jobs: 7,837Annual Openings: 429
Regional Completions: 1,563Completers/Opening: 3.64
Computer ProgrammersSOC Code: 15-1131
2016 Jobs: 3,041Annual Openings: 130
Regional Completions: 579Completers/Opening: 4.46
Software Developers, Applications
SOC Code: 15-11322016 Jobs: 20,232
Annual Openings: 724Regional Completions: 918Completers/Opening: 1.27
Software Developers, Systems SoftwareSOC Code: 15-11332016 Jobs: 10,888
Annual Openings: 335Regional Completions: 1,035Completers/Opening: 3.09
Network & Computer Systems Administrators
SOC Code: 15-11422016 Jobs: 8,822
Annual Openings: 264Regional Completions: 835Completers/Opening: 3.17
Computer Network Architects
SOC Code: 15-11432016 Jobs: 3,513
Annual Openings: 99Regional Completions: 2,234Completers/Opening: 22.52
Computer User Support Specialists
SOC Code: 15-11512016 Jobs: 11,114
Annual Openings: 406Regional Completions: 928Completers/Opening: 2.28
Computer Occupations, All Other
SOC Code: 15-11992016 Jobs: 7,580
Annual Openings: 178Regional Completions: 1,336Completers/Opening: 7.49
Computer Hardware Engineers
SOC Code: 17-20612016 Jobs: 3,027
Annual Openings: 86Regional Completions: 60Completers/Opening: 0.70
Sales Representatives, Wholesale &
Manufacturing, Technical & Scientific ProductsSOC Code: 41-4011
2016 Jobs: 5,386Annual Openings: 185
Regional Completions: 50Completers/Opening: 0.27
Web DevelopersSOC Code: 15-1134
2016 Jobs: 3,091Annual Openings: 153
Regional Completions: 2,234Completers/Opening: 14.60
Computer Network Support Specialists
SOC Code: 15-11522016 Jobs: 3,539
Annual Openings: 103Regional Completions: 928Completers/Opening: 9.01
INFORMATION TECHNOLOGY Top Five
CORE Skills
Certifications Companies
Source: Wanted Analytics
1 Oral & Written
2 Marketing
3 Creativity
4 Troubleshooting
5 Detail Oriented
Workplace Skills1 Oracle
2 Linux
3 Software Development
4 Java
5 Quality Assurance (QA)
1 TEKsystems
2 Northrop Grumman
3 CTG - Computer Task Group
4 Visa
5 Ciber, Inc.
1 Top Secret Sensitive Compartmented Information (TS SCI)
2 Certified Information Systems Security Professional (CISSP)
3 Driver’s License
4 Single Scope Background Information
5 Cisco Certified Network Associate (CCNA)
Below are the top five core skills, workplace skills, certifications and companies in the information technology industry.
INFORMATION TECHNOLOGY
25-34 22.2%
0.2%14-18
19-24 3.7%
35-44 29.8%
45-54 26.5%
55-64 14.9%
65+ 2.6%
It is helpful to know the age bands in a sector, because if there is a substantial percentage of people above 55 years old, it means there will be opportunity as retirements happen.
Based on Age Distribution, Arapahoe/Douglas Works! has developed a way to measure the ‘age gap’ in an industry by comparing the number of workers over age 45 to the number under age 34. Age gap is shown both as a percentage and a count.
Age Bands & Volume
Listing
Age Bands
This graph shows the week over week volume of listings in the Central Planning Region.
Source: EMSI 2016.4 QCEW, Non-QCEW & Self-Employed
Source: Wanted Analytics
10
0
500
1,000
1,500
2,000
2,500
INFORMATION TECHNOLOGY
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