5 Technology Stats to Watch

technology stats

 

 

 

 

 

 

 

 

 

 

 

 

 

Technology is a part of life, right? You don’t go a single day without leveraging some type of technology to improve your life. From checking your email on your phone, to getting a diagnostic test at the doctor’s office, we depend on technology.

And it’s a rapidly growing and changing industry. In fact, several surveys of company managers identified a fear that technology is growing too quickly for them to keep up, as one of their top fears about future success.

According to a Strategy and PWC report, 61 percent of global execs and 78 percent of U.S. execs are concerned about the speed of technological change in their industry. (Source: http://www.strategyand.pwc.com/perspectives/2016-technology-industry-trends.) That may be surprising to you. Here are a few other technology stats that you may find surprising.

#1 Despite major initiatives, the percentage of women in technology is still quite low. A recent Fortune survey of the top 9 tech companies in Silicon Valley showed that women comprise about one-third of the workforce. “That gap expands the higher up you go in an organization, with the best company showing women holding 29% of leadership jobs.” It’s not a pipeline issue. STEM programs are roughly 50/50 with gender representation, it’s a hiring issue. http://fortune.com/2015/07/30/tech-companies-diversity/

#2 According to a report from U.S. News & World Report, by 2020, there will be approximately 10 million STEM (science, technology, engineering and math) job openings. (Source: http://woldcnews.newsone.com/1522440/black-girls-code-empowers-young-women-of-color-to-fall-in-love-with-technology/)

#3 According to the 2015 State of Mobile Marketing Report, 86% of time is spent on mobile applications versus mobile web. If you wish to engage via mobile, it’s time to invest in a mobile application! (Source: https://www.marketingtechblog.com/mobile-marketing-statistics-2015/)

#4 More than 40% of physicians go online during a patient visit, most often using a handheld device. (Source: http://www.emrthoughts.com/files/2011/07/DoctorsToolboxLrg.jpg )

#5 And here’s a fun one if you’re interested in a career in medical tech; the medical technology industry is worth around $336.2 billion. worldwide. (Source: http://www.statista.com/topics/1702/medical-technology-industry/)

What do all these statistics have in common? They tell us that technology is growing at such a rapid rate that there are opportunities everywhere. Consumer demand is up, professionals are using technology more and more as part of their jobs (including physicians). While the jobs continue to increase, we’re not doing such a great job at making sure that women and minorities are represented in the workforce. There’s opportunity here, too.

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