The growing tech industry in the seven-county Milwaukee area had a $27.6 billion impact on the region in 2017, according to a new study released by Northwestern Mutual Tuesday.
The study, called Milwaukee’s Tech Talent Impact, was conducted by Austin, Texas-based TIP Strategies in partnership with the San Antonio-based Huls Group. The study was supported by 20 employers and nonprofit partners in the seven-county region, including Advocate Aurora Health Care, Foxconn, gener8tor, Johnson Controls, Kohl’s, MillerCoors, Milwaukee Brewers, Milwaukee Bucks, Northwestern Mutual and Rockwell Automation.
TIP Strategies developed the study based on data from the Computing Technology Industry Association, the Brookings Institute and input from local employers.
According to Milwaukee’s study, the region’s tech ecosystem comprises 5,300 companies and 76,000 workers in 89 distinct occupations, with about 75 percent of those jobs involving computer/mathematical positions, engineering positions and business/financial positions. Those workers collectively make an estimated $4.7 billion in income each year. Read the full story here.