News & Content: ITA Take Aways

Why the Tech Industry is Relevant to Everyone

Monday, July 29, 2019   (0 Comments)
Posted by: Gary Hotze
Share |

Julia Pesavento, Marketing & Event Planning Intern, ITA

 

Technology has ultimately become the dominating force behind the scope of our everyday lives. From engaging with others to executing business, the tech industry is proving to be an essential determining factor of the future. Now that a foundational system of innovation is in place, the individual can establish a powerfully unique footprint.

A demanding market is in play and the tech industry has been continuously paving the way for innovation to become a way of life. The Accenture Getting to Equal 2019 Report reinforces this concept revealing that 95% of business leaders view innovation as “vital to competitiveness and business viability.”1 Tech-savvy trends have opened the door for emerging markets like AI, Virtual Reality, and drone technology to quickly become smart investments. But the real hype is the resulting push for new ideas that focus on simplicity, productivity, & convenience to meet consumer needs. Entrepreneurs and innovative thinkers can now immerse themselves in a world where creativity and free-thinking are not only welcomed but essential for doing business.

The establishment of such an environment leads us to consider what the average workplace will look like in 10 or even 20 years. Current graduates with high potential are now steering toward big tech companies more than ever because they provide more purpose and flexibility and are innovative by nature.2 Using creative technical solutions to find meaning in one’s work will be an absolute must in any industry, especially with Millennials and Gen. Z having become accustomed to tech at a young age.

Looking at the bigger picture, the tech industry has constructed a model for the ideal workplace. And the stimulation of employee happiness and drive for company growth have in turn made a greater impact on society. Working in tech-based jobs may require a more creative environment than others, but the beauty of technology is that it extends beyond the bounds of a digital world. Nearly anyone can adopt innovative solutions into a traditional job to satisfy an emerging market. We see this with increasing automation, outsourcing, and overall reliance on computer-based programs, transforming outdated methods to meet the needs of a changing world.

Innovation no doubt has deep roots in America, but other technologically advanced countries have proven to be disruptive competitors. The push for STEM education in our schools has never been more relevant to global competition. The U.S. Department of Education has also emphasized the importance of STEM programs: “to meet the demands of the dynamic and evolving workforce, building students' skills, content knowledge, and fluency in STEM fields is essential.”3 The government branch has consequently called for quality learning environments to be accessible to children of any zip code, recognizing the lack of diversity within the industry.

The need for technical talent will only continue to increase as demand for innovation skyrockets. Accomplished professionals across various trades are indeed aware of the endless benefits of the tech industry’s ideation but keeping such a vision alive calls for a greater effort on our part. It requires a revolutionary push for STEM education across U.S. schools, with an intelligent focus and the right resources. Organizations such as the STEM Education Coalition, National Academy of Engineering, and the Teaching Institute for Excellence in STEM education have already been fighting for a monumental shift in the education system.4 Supporting the advancement of STEM education will no doubt allow Chicago’s future innovators to take on new challenges and unravel even greater complex problems we have yet to solve.

Sources:

1. https://www.accenture.com/_acnmedia/PDF-101/Accenture-Getting-to-Equal-2019-LGBT.pdf

2. https://www.cnbc.com/2017/05/18/why-young-people-are-choosing-to-work-in-tech-instead-of-finance.html

3. https://www.ed.gov/stem

4. http://www.nysstemeducation.org/other-organizations/


Get in touch

20 N. Wacker Drive, Suite 1200
Chicago, IL 60606

PH: 1.312.435.2805

Email: collaborate@illinoistech.org