The Vendor is required to provide for the enterprise technology sector study services.
- Current state – subsector analysis
• A profile of the state technology landscape highlighting key advantages and challenges in state.
• We are interested to understand the city sector and subsector strengths benchmarked against other jurisdictions.
• Identification and analysis of major current and future trends, locally and internationally, impacting the sector and subsector.
• Sector insights on national and local market sizing (i.e. GDP, revenue, employment, etc.,) and growth rate of industry (i.e. CAGR) of the industry and its key subsectors.
- Competitiveness – best practices from leading jurisdictions
• Identify leading best practices that city can learn from top tech hubs and top tier two tech hubs.
• Conduct a detailed benchmarking analysis of select tech hubs to understand how city stacks up (i.e. tech salaries, taxes, office space, other operating costs, etc.).
• Based on findings from top tech hubs, identify any business gaps that may exist for city.
• This will help with identification of company targets for investment.
- Tech talent attraction
• Identify the maturity level and talent readiness of tech skills needed for current and future demand for the sector.
• Provide indicators for stickiness of talent and ease of hiring in city.
• Provide a skills talent pool gap analysis and identify transferrable skills for tech subsector skills.
- Thinking ahead
• Based on findings, provide the top 5-10 actionable areas of focus for city.
• This could include: high impact activities, short, medium, and long-term goals; potential partnerships with or within industry, organizations, academic institutions; strategic initiatives to bolster sector and subsector growth.
- VC investment landscape
• Understanding who are the active venture capital investors investing into state companies.
• Cross-referencing top tech hubs, identify any areas of opportunities or gaps for investment missing for city.
• Curate top 50 lists of investors that includes investor name, location, industry/segment/vertical, size of investment, and stage of investment.
- Questions/Inquires Deadline: May 1, 2025