Crowdfunding to Double
The industry is booming, creating jobs, leveraging sales
The crowdfunding industry is booming. More than 1,250 online platforms worldwide raising $16.2 billion last year, up 167% from 2013, according to crowdfunding research firm Massolution. And global crowdfunding is projected to reach $33-34 billion in 2015, with $6 billion of that in the US, double that of last year.
The benefits to companies go beyond the actual funds raised through the revenues that are crowd funded; there is a marketing benefit that translates into sales. Crowdfunded companies (via rewards, equity or debt) increased quarterly revenues by (more…)
Cyber Crime & Internet/Email Security Costs & Solutions
The tenth annual 2015 Cost of Data Breach Study, conducted by Ponemon Institute and sponsored by IBM, reports that the average cost for each lost or stolen record with sensitive or confidential information as grown from $201 to $217, and the average cost paid by companies located in the U.S. has gone from $5.9 million to $6.5 million. That is an 11% increase in the total cost of data breach, and there has been an 8% increase in the cost per lost or stolen record. 49% of data breach incidents are malicious or criminal attacks, 19% caused by negligent employees, and 32% result from (more…)
The Tech Market in a Nut Shell
Tech Sector Employment Trends & Numbers
The U.S. tech industry totaled 6.5 million employees at the end of 2014 according to CompTIA’s Cyberstates report. The top five states by tech industry employment are: California, Texas, New York, Florida, and Massachusetts.
Payroll / GDP
The tech industry’s impact on the U.S. GDP is 7.1%. Tech salaries tend to be double (more…)
Tech salaries leading the way overall, but not so much for women.
Technology professionals have higher salaries overall
In San Francisco, which is a leading are for top pay in tech, health care, and finance, even for new grads the pay is rising faster than other areas. Annual full-time salaries in San Francisco increased by an average of 2.8% from the first quarter of 2014 to 2015, whereas nationally the increase was only 1.8% during the same time.
Glassdoor’s top three highest-paying positions in the City are all in tech (more…)
An exciting billion dollar sector with bleeding-edge technology and amazing career opportunities.
Data Security is a billion dollar issue. There’s never a shortage of date breaches and compromises, hacks and mistakes in the news. As technology permeates every nook and cranny of our lives, and devices become further interconnected, and more and more data about every aspect of consumers is stockpiled, the risks of that data being exploited malevolently multiply.
Web business have been especially hard-hit: Ebay was hacked and had 145,000,000 records stolen this year (more…)