Technology

Industry Overview

Many think of high-tech as being comprised of computer-related industries and occupations. However, the Workforce Information Council defines the high-tech sector as any industry having high concentrations of workers in STEM (Science, Technology, Engineering, and Mathematics) occupations. These include various types of engineers, IT workers, scientists, post-secondary teachers, and managers of these workers. And the STEM workers are employed in many different industries.

The petroleum and oil and gas sectors have the highest output per employee ratios, followed by chemicals and wireless telecommunications. State government has the lowest ratio followed by management, scientific and technical consulting. Most technical industries operate at a productivity rate equating to $400K to $600K output per employee.

Priority Metrics Group has completed studies in a wide variety of high-tech industries including software, hardware, testing, research and development, advanced industrial equipment and machinery, petrochemicals, digital printing, chemicals, resins and fibers, and many others. We understand the fast-paced environment of technology driven companies and are equipped to respond in kind. Our deep knowledge of research and applications across many different technology platforms makes PMG the choice for your technology market research.