Size and Scope of the IT Industry
Three Slides What Do They Mean? Warm up
The US spends more than the next 10 largest militaries combined
Each Color Represents 1 Billion People.
The Only 22 Countries in the World Britain Has Not Invaded
World Gross Domestic Product (GDP) $73 Trillion US Dollars Gartner, worldwide IT spending is projected to total $3.7 trillion in 2013
USA Gross Domestic Product (GDP) $16 Trillion US Dollars (22% world) 4% GDP Information Technology - $640 billion
Michigan Gross Domestic Product (GDP) Michigan - $382 Billion US Dollars U.S. IT GDP - $640 billion Huge Opportunity for Michigan!
Grand Rapids Google Search Managed Services Application Developers Hardware and Software Sales OEM s (IBM, HP, etc.) IT Consulting Services Colocation Data Centers IT Education IT Recruiting
Grand Rapids Google Search Ruby Web Design Digital Marketing Solutions JDB Works DC Design, Inc. Webfective LLC etool Developers Diverse Design Imagination Factory Content is Queen Productions Eilers Marketing Group Computer Concepts Website Design Grand Rapids THINKBOX CREATIVE Valorous Creative Trillion Design Influx Networking Spyridon Technologies Wesman Designs A G Artistic Communications Cinch Media Visual Mob Geared Web Solutions Specialized Computer Solutions Integer Business Computer Systems Aston IT Group Technology Corporation GRAMTEL 123Net, Inc. Comlink MichiganLabs Atomic Object Grand Rapids Mobile Apps Mighty in the Midwest CQL Fusionary RapidDevelopment Group Universal Mind Jemco Logics Arbor Solutions Cisco NetApp Icer Technologies Hi Tech Great Lakes Knoware Knowledge Mechanics Sescoi Usa Incorporated Awanim LLC Stalzer R & D Windstream Business Grand Management Group Worksighted NU Wave Technology Peopledesign Evolve Solutions ComputerRescue911.com New Horizons Computer Learning Centers Computech Corporation OST (Open Systems Technologies) NetTech SJA Solutions TEKsystems Infor Global Solutions Advance Central Services Deloitte CDW 20-20 Technologies Inc. Ciber Limelight Networks IBM HP PwC UTi Worldwide Microsoft EMC CyberCoders US Signal Springthrough Triavlent Group EG Managed Services CPR NeXt IT Micro Visions Incorporated SCS Brightly Apple Store Compusa Parametric K - Data Systems DDM Bevelwise Code Green Creative Revel Code Green Creative PEC Technologies Arbor Solutions Wheelock Group Visual Hero Mutually Human Evolve Solutions, LLC Kraft Business Systems Applied Imaging Iron Mountain SourcIT Technologies CNIT Solutions Spyridon Technologies CBTS ISERV Revolution Graphics BN Design Parent Technology Mcdonald Kienast & Assoc. Service Express (SEI) Sentinel Technologies IXDA
Crain s List Largest Michigan IT Companies 2013 Company Name 2013 Revenue 1) Compuware Corp. $944 M 2) Syntel Inc. $825 M 3) Tata Technologies Ltd. $326 M 4) Netech Corp. $254 M 5) Altair Engineering Inc. $251 M 6) Strategic Staffing Solutions $238 M 7) The Bartech Group Inc. $217 M 8) Acro Service Corp. $216 M 9) Stefanini Inc. $198 M 10) VisionIT $190 M 11) CareTech Solutions Inc. $163 M 12) Urban Science Applications $161 M 13) HTC Global Services Inc. $153 M Company Name 2013 Revenue 14) Netlink Software Group $135 M 15) Iconma LLC $118 M 16) Tweddle Group Inc. $113 M 17) Diversified Computer Supp. $112 M 18) OST (Open Systems Tech.) $107 M 19) Rapid Global Business Solut. $75 M 20) Synova Inc. $70 M 21) HCL Global Systems Inc. $70 M 22) BlueWater Technologies $69 M 23) Epitec Inc. $65 M 24) FutureNet Group Inc. $65 M 25) Secure-24 LLC $63 M
IT Companies in Grand Rapids $1.27 billion in revenue 1,423 jobs Source: Service Leadership Index
OST Growth 2003 thru 2013 107.0 Revenue in Millions 68.9 79.6 53 24.6 30.4 33.3 34.3 5.4 10.5 13.7 1 2 3 4 5 6 7 8 9 10 11 138 Number of employees 93 114 10 12 17 27 34 49 53 66 1 2 3 4 5 6 7 8 9 10 11
OST Projected Growth 2014-2023 $100 to $200 million in next 5 years $200 to $400 million in following 5 years 150 employees to 450 employees 10 years
Grand Rapids Economic Impact 15 Years from now there will be multiple $1 billion IT companies in Grand Rapids These IT companies will have a significant Impact on the innovation and competitiveness of other companies in town
Cornerstone Businesses Nurture and grow existing businesses Bring existing large businesses to GR Grow smaller fast growth companies