How can developers improve their paycheck?

de13_200x200_technomancer - banner1The Mobile Technology Association of Michigan is once again partnering with Vision Mobile to help gather developer input for the latest Developer Economics survey, and this time provides an opportunity for participants to win a $50 Amazon voucher, as well as many other prizes.

Are you involved in mobile, IoT, desktop, cloud, web, AR/VR, machine learning, or game development? Then we want your input! Click this link to get started, and read the article below to learn why the survey data we gather is so important to the developer community!


By Stijn Schuermans

Developers working in areas with a higher technical complexity generally earn more.

Talking of skills, developers who work in areas with a higher technical complexity – and therefore higher barriers to entry and ultimately fewer developers doing it – generally earn more. Developers that work on cloud computing and other backend services report higher salaries than those working on front-end web apps. Machine learning specialists make even more than the backend folks. In Western Europe, for example, the median web developer has a yearly gross salary of $35,400 USD, the median backend developer earns $39,500 and a machine learning developer makes $45,200. This relationship is seen across regions and also at higher wage levels. Web and mobile development are the most commoditised; there is a fairly low barrier to start making simple apps or websites, and these tasks are relatively easily outsourced to other regions.

Scarcity of skills drives up the price for developer services.

Scarcity of skills drives up the price for developer services. This is also true for new, emerging areas of development, like Augmented and Virtual Reality, or the Internet of Things, but only at the top end of the scale.The best developers in emerging areas earn top dollar, while the bottom half of the developer population makes less than their counterparts in more established sectors. Let’s compare Augmented Reality (AR) with backend developers in North America as an example. The median wage for an AR developer in that region is $71,000 USD, a good bit less than the $79,200 that the median backend developer makes. At the top end, however, AR development is more lucrative. At the 75th percentile, the AR developer is paid $132,300 and the backend developer $122,800. At the very top (90th percentile), the difference is even more pronounced: $219,000 for AR, $169,000 for backend. The reason for this wide range of salaries is that markets like AR/VR or IoT are still commercially underdeveloped. Companies that are early adopters pay large sums for skilled developers, who are scarce. At the same time, less experienced developers are attracted by the hype. Their compensation suffers both from a lack of relevant skill and from a lack of companies that are hiring in the early market.

Again this pattern repeats across regions. The exception is South Asia. The outsourcing model that drives software development in that region seems to be built on maintaining legacy code and developers there are less involved in emerging innovations (a conclusion that’s also supported by our developer population sizing research).

Developer-wages

We’re still a long way off a global market for developers!

We started this chapter by saying that developers can market their services location-independently if they choose to. However, it’s clear from the data that we’re still a long way off a global market for developers! The median web developer in North America for instance earns $73,600 USD per year. A Western European web developer earns half of that – $35,400 USD – although recent exchange rate shenanigans due to Brexit and the Euro-crisis will have affected that comparison. Web developers in other regions earn again half of that: between $11,700 in South Asia and $20,800 in Eastern Europe. Not just the region of the world you live in matters, but also the country and even the city you call home.

This opens up opportunities for organizations who will accept remote workers. You can hire a top 10% Eastern European back-end developer for less money than the median North American wage in that sector. For developers, it means that brushing up your English skills and looking for opportunities beyond your backyard can be very interesting indeed. Developers who take that leap and seek opportunities that pay to international standards are in the minority. This explains why top wages in emerging regions (Asia, the Middle East, Africa) are so exuberantly high compared to local standards. A Western developer in the top decile earns about three times as much as the median wage in his sector and region. In the emerging world, top wages are seven to ten times the median. The best developers in those regions work for multinationals or sell their services on international marketplaces, while most stay employed locally, at much lower remuneration levels.

So what’s a developer to do if you want to move up in the world, financially? Invest in your skills. Do difficult work. Improve your English. Look for opportunities internationally. Go for it. You deserve it!

Also find out where you stand compared to other developers in your country/ region by taking the Developer Economics survey and receiving instant feedback.


About the author

Stijn Schuermans | Senior Business Analyst
Stijn is the lead Internet of Things researcher in the VisionMobile analyst team. He has authored over 20 reports and research notes on mobile and the Internet of Things. As a senior business analyst, Stijn focuses on understanding how technology becomes value-creating innovation, how business models affect market dynamics, and the consequences of this for corporate strategy.

Stijn holds a master degree in electronics engineering from the Catholic University of Leuven and an MBA from Athens University of Economics and Business. He has over 10 years experience as an engineer, product manager, strategist and business analyst.

 

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Mobile Technology Association of Michigan Announces Support for nHacks High School Hack-a-thon

nHacks logoMichigan connected technologies trade association supports high school student-focused hack-a-thon event designed to encourage students to pursue computer science-related careers

DETROIT, MI – The Mobile Technology Association of Michigan (MTAM) today announced its support of the 2nd annual nHacks High School Hack-a-thon event taking place on Saturday, June 17th at Flextech Academy in Novi, MI. The event is free to attend for all high school students, but does require advance registration on the event website at http://nHacks.org.

nHacks is Michigan’s first hack-a-thon focused on bringing together a community of high-school students, at all levels of experience and diverse backgrounds, to engage in collaboration and innovation toward the creation of websites, mobile apps, or even hardware hacks.

Those attending the event will receive free refreshments, T-shirts and swag from sponsors, as well as workshops and mentoring by representatives from small business, enterprises and universities on topics such as web, Android and iOS development and more.

MTAM’s sponsorship of the event includes prizes for event winners, pre-event promotion, and a keynote address from Executive Director, Linda Daichendt.

Discussing MTAM’s decision to sponsor the event, Daichendt indicates, “Computer science is a basic building block for most who want to pursue a career in connected technologies of any kind, which is obviously important to our organization. Government data and analyst studies have indicated that by 2020 we should expect to see a nationwide shortage of 1.4 million people for computer science / connected technologies-related positions, and in Michigan our share of that shortage is expected to be over 100,000 people. That’s three years from now! Unfortunately, we’re not doing enough here in Michigan to encourage our students to pursue these careers, particularly students in high school who will be our next level workforce. So when we saw a high school student-focused hack-a-thon, we knew it was an event we needed to support as part of our effort to ensure that Michigan is able to build a strong computer science talent pool.”

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MTAM Supports Microsoft’s Innovative TEALS Program in Seeking Tech Volunteers to Help Fill Michigan’s High School Computer Science Education Gap

The Mobile Technology Association of Michigan (MTAM) is partnering with Microsoft Philanthropies’ TEALS program in its effort to recruit tech volunteers to work with educators to expand the number of students in Michigan having access to computer science (CS) training. As the state’s connected technologies trade association who works every day to ensure an abundant potential CS workforce to meet the needs of our states businesses, MTAM clearly sees the value of a program that gives educators the knowledge and skills that they can continuously pass on to new groups of students every year. We wanted to be involved in making this available to Michigan students, and we hope you will too! Volunteers needs to be signed up by early June!


by Kip Fern, Senior Operations Project Manager, Microsoft TEALS

TEALS-logoDid you know that right now there are currently 500,000 unfilled programming jobs in the U.S.? In Michigan alone, there are over 14K open computing jobs. Many of these positions are high-paying.

Many computing careers are projected to grow at twice the rate of other jobs. We also know computer science helps build skills that are in-demand across industries such as computational thinking and problem solving. Yet most high schools do not teach computer science.

The good news is that tech companies and educators are finding new ways to bridge the gap. One of these solutions, TEALS (Technology Education And Literacy in Schools), is opening doors to new opportunities for high school students in Michigan and across the country.

TEALS is a grassroots program, supported by Microsoft Philanthropies, that helps high schools build and grow sustainable computer science programs through partnerships between classroom teachers and tech industry volunteers. Over two years, classroom teachers gradually take over the responsibility of teaching the course on their own.

Today, TEALS serves 225 schools and 9,000 students across 25 states, through nearly 700 volunteers from more than 300 companies across the tech industries, including companies like Microsoft Philanthropies, Google, Amazon and Expedia to name just a few.

Watch the video below to see how TEALS is making a difference for students in one small Washington state community.

Bringing TEALS to Michigan

We are very excited to bring TEALS to Detroit and the surrounding area beginning in the 2017 – 2018 school year, but we need your help! We have until early June to find upwards of 40 volunteers.

“Computer science and technology skills are becoming increasingly necessary to succeed in the job market, and computing-related fields are the top source of good-paying jobs in the United States,” said Sen. Gary Peters, who this month visited Detroit International Academy, which is just one of the new Michigan schools that will host the TEALS program this Fall. “We need to ensure our students have access to courses and resources that will help them build these critical skills, but only 71 Michigan schools offered Advanced Placement computer science classes this year. Research shows that students who take computer science in K-12 are nearly ten times more likely to pursue it as a college degree, and that’s why I’m pleased the TEALS program will be adding 11 Michigan schools in the next school year to help provide these important resources to students across the state.”

The private sector plays an especially critical role in TEALS, which depends on volunteers from local companies to partner with classroom teachers to bring computer science into high schools. anyone with a computer programming background, and a desire to contribute to their community, is encourages to apply. TEALS arranges with schools for classes to be taught during first period, allowing volunteers to teach before the work day begins.

The best way to learn about TEALS is to hear directly from students and teachers.

  • “TEALS changed my life not only because it taught me how to code, it also showed me that even though something like computer science may be hard, you can still be good at it – and it can still be worthwhile,” says Arabia Simeon, a former TEALS student at the Young Women’s Leadership School in Brooklyn, N.Y. who is now a sophomore majoring in both computer science and art at Smith College in Northhampton, MA. “So I’m not pursuing computer science just for me; I’m doing it for so many other girls and kids out there in low-income communities. I want to help people be who they want to be – without any limitations.”
  • “I new how to teach to students, but the computer science, that was where I really needed some training,” says Susan Sears, a Manson Junior Senior High School teacher in rural Washington. “It’s been great to be able to learn alongside the students.”

If you are a computer science professional, retiree or graduate student in the state of Michigan, you are encouraged to sign up to volunteer. Please visit www.tealsk12.org/volunteers to see which schools in Michigan are participating for 2017 – 2018, to learn more about the program and to apply.


Kip Fern graduated from MIT with B.S. and M.S. degrees in Computer Science. At Microsoft, Kip was the very first program manager on the MicrosoftLIVE@EDU program (now known as Office 365 Education), worked on Outlook.com, and has also been a TEALS volunteer since 2012. Kip also was the Franchise Development Director on the very first Wii game (Madden ’07) while at EA Sports, and was the 4th employee at Concur, the worldwide leader in travel and expense management.

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Mobile Monday Grand Rapids Explores Big Data

Mobile Technology Association of Michigan’s Grand Rapids chapter of Mobile Monday Michigan is set to explore Big Data and how to effectively analyze it and use it to increase productivity, sales, profitability and other key performance indicators for business

GRAND RAPIDS, MI – Mobile Monday Grand Rapids will tackle Big Data at the organization’s upcoming event on May 15th at 5:30 p.m. taking place at Priority Health in Grand Rapids. Featured speaker will be Eric Kort, Research Scientist at the DeVos Cardiovascular Research Program of Spectrum Health and Van Andel Institute, and Assistant Professor of Pediatrics at Michigan State University.

Mr. Kort will explore data-driven approaches to bio-medical research, specifically, how next generation sequencing technologies continue to ramp up the speed at which data is flowing out of the cells that make up our bodies and that by integrating billions of data points we can discover new treatments, gain new understanding of human diseases and much more.

The event is FREE to attend but advance registration is required at http://Meetup.com/MoMoGR. Refreshments will be served courtesy of our host/sponsor Priority Health for those who would like to network ahead of the presentations.

Mobile Monday Grand Rapids is sponsored by the Mobile Technology Association of Michigan (MTAM), Universal Mind and Priority Health.

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Mobile Monday Michigan Chapters in Detroit, Grand Rapids and Lansing Seeking Volunteer Organizers

Mobile Technology Association of Michigan subsidiary, Mobile Monday Michigan, seeking connected technologies enthusiasts for a vital role in Michigan’s connected tech community

DETROIT, MI – Have you enjoyed attending an MTAM Mobile Monday Michigan event at one of our chapters in Ann Arbor, Detroit, Grand Rapids or Lansing? Have you benefitted from education you received from an expert speaker, or contacts you made at one of our monthly events? Have you thought about finding a way to be more involved in the exciting and evolving Connected Tech community in Michigan? If so, we have just the opportunity for you!

The Mobile Technology Association of Michigan is currently looking to expand the number of participants in our volunteer groups who assist with Mobile Monday Michigan chapters in Detroit, Grand Rapids and Lansing. Mobile Monday chapters are run by volunteer organizers from each local community under MTAM’s supervision. MTAM also assists with organizer training, speaker referrals, event promotion, and other organizer assistance as is required.

Chapter event planning is typically coordinated during a once per month phone conference and subsequent exchange of emails or phone calls between group members. Group members work together to plan topics, identify and reach out to expert speakers, gather speaker information for event listing on Meetup site and MTAM news releases, and coordinate event logistics with speakers and event host/sponsors. Generally you can expect to invest 1 – 4 hours per month plus the time on-site at the Mobile Monday chapter events.

Mobile Monday Michigan chapter organizers are seen as leaders in the connected tech community. It’s a great way to broaden your network of contacts, learn a great deal more about all areas of connected technologies, and to help insure that Michigan maintains a national leadership role in the connected tech community!

If you are interested in learning more about this volunteer opportunity, please contact MTAM at info@GoMobileMichigan.org.

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Mobile Monday Detroit Discusses 3D Development for VR/AR

Mobile Technology Association of Michigan’s Detroit Chapter of Mobile Monday Michigan discusses the skill sets required for developers focused on 3D in VR/AR

MobileMondayMichigan-LogoDETROIT, MI – Mobile Monday Detroit will explore 3D virtual (VR) and augmented (AR) reality development skills and resources to help Michigan’s developer community be on the fore-front of this exciting technology that provides yet another way to enhance connected experiences.

While traditional developer skills are useful, VR and AR require different tools and skill sets which to-date have generally been more popular in gaming development, but are more and more being utilized for business-oriented applications.

To help our developer community understand these differences, Mobile Monday Detroit will hear from representatives from some leading firm’s doing work in this space:

  • Ali Al-Aasm, Co-founder/Developer, Red Piston
  • Richard Geyer, Engineering Lead, Vectorform

The event is free to attend but advance reservations via Meetup ARE REQUIRED in order to attend; make your reservation at http://meetup.com/Mobile-Monday-Detroit. Refreshments will be served courtesy of our host and sponsor, RIIS. Free parking is available onsite.

Mobile Monday Detroit is sponsored by the Mobile Technology Association of Michigan (MTAM) and RIIS.

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Mobile Monday Detroit Discusses the Industrial Internet of Things (IIoT) at April 10th Event

Mobile Technology Association of Michigan’s Detroit Chapter of Mobile Monday Michigan reviews the use of the ‘Internet of Things’ in an Industrial Environment for a wide variety of industries

MobileMondayMichigan-LogoDETROIT, MI – Mobile Monday Detroit will explore the use of the ‘Internet of Things’ in an Industrial environment during its April 10th event at RIIS in Troy, MI. The event will begin at 5:30 p.m.

Specific topics to be discussed by our speakers will include:  ‘The Business Value of IIoT’, ‘Becoming the Premier Digital Industrial Firm’, and ‘IIoT, Changing the Way Manufacturers Innovate, Create & Make Business Decisions’. Speakers for the evening include:

  • Michael S. King, President, Data Analytics Solutions
  • Mike DeBoer, VP/Executive Hub Leader, GE Digital Hub Detroit
  • Jerry Foster, CTO, Plex Systems

IIoT refers to the inter-connectivity of sensors and other smart objects, along with technologies such as big data and machine learning to collect data, analyze it, and make more informed and rapid decisions, either by presenting the data to humans or automatically making changes. IIoT carries with it the promise of increasing efficiencies, reducing downtime, and improving safety for industries such as manufacturing, utilities, transportation, mining, energy, agriculture and more.

The event is free to attend but advance reservations via Meetup ARE REQUIRED in order to attend; make your reservation at http://meetup.com/Mobile-Monday-Detroit. Refreshments will be served courtesy of our host and sponsor, RIIS. Free parking is available onsite.

Mobile Monday Detroit is sponsored by the Mobile Technology Association of Michigan (MTAM) and RIIS.

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Coulter Investment Forum and Michigan Growth Capital Symposium Team Up to Create a Super-Sized Venture-Investment Event

MTAM often sponsors events that will benefit members of the connected tech community in Michigan, and as part of that support will offer an opportunity to publish an article about the event in our blog.  Below is an article about the upcoming ‘Michigan VC Symposium‘ for which MTAM is a community sponsor. This event takes place on May 16-17 at the Marriott Resort Ann Arbor/Ypsilanti.

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mgcs-logoThe Midwest’s leading and longest-running venture-investment fair for entrepreneurial companies and early stage investors ─ the Michigan Growth Capital Symposium ─ is about to get even bigger and better.

For the first time, the University of Michigan will team up with the Coulter Investment Forum to host the 2017 Michigan Growth Capital Symposium on May 16 and 17. The combination of two premier events at the same time will feature a total of 60 presenting companies and is expected to attract 600 participants representing nearly 100 investment firms.

In addition, commercialization and technology-transfer specialists from top-ranked research universities will be on hand to give investors a preview of exciting research-based ventures being incubated and spun out of their respective institutions. The Mobile Tech Association of Michigan is one of the sponsors for this year’s symposium.

The Michigan Growth Capital Symposium’s new partnership with the Coulter Investment Forum will not only extend the breadth and depth of its entrepreneurial and investment scope but also raise its visibility nationwide. Each year, the two-day, high-energy confluence of investors and entrepreneurs showcases 30 to 35 investor-vetted, high-potential startups representing the “best of the Midwest” and beyond.  These Midwestern companies, including many U-M spinouts, are commercializing new research discoveries and advances in the life sciences and technology, as well as advanced manufacturing and the automotive industry. Typically, their founders and CEOs are seeking early through mid-stage investments.

The symposium, now in its 36th year, offers opportunities for entrepreneurs to network, engage and do deals with leading angel and venture-capital investors from Michigan and out-of-state. Over the past three and a half decades, the synergy generated by these match-ups has helped to spur the further growth and development of transformational new ventures, which are driving innovation not only in the state and the Great Lakes region but in other parts of the country as well.

As this year’s co-host of the MGCS, the annual Coulter Investment Forum, sponsored by the Wallace H. Coulter Foundation, will feature 25 to 32 emerging companies with life-science innovations that have been vetted through the Translational Research Partnership Program at one of 16 university partners, using the Coulter Commercialization Process.

The Coulter Process utilizes industry best practices to accelerate the movement of academic biomedical innovations from the bench to the bedside by reducing risk and attracting follow-on funding. Over a 10-year period, it has funded 300 translational research projects, of which one-third advanced from university laboratories into industry and raised nearly $2 billion of follow-on investment.

“This is an opportunity to showcase companies to [members of] the Midwest investment community who may not have attended our previous two forums, at Stanford and Boston,” explained Director-Research Awards Mara Neal. She said the decision to hold the third Coulter Investment Forum in the nation’s heartland was driven by the opportunity to reach a broader audience of potential investors and by the “established excellence” of the Michigan Growth Capital Symposium.

“The symposium has a long history, and the people who attend it are interested in this area,” Neal added. “Our companies are all biomedical startups [that are commercializing innovations] ranging from health IT to diagnostics and devices.”

Coulter Program oversight committees at the 16 participating universities, including U-M, will select one or two high-potential startups to attend this year’s forum where each will make a formal fundraising presentation to investors. To be eligible, a company must have received an investment from a Coulter Program at a partner university and have completed the Coulter Commercialization Process. In addition, it must have a professional CEO, a license from the university to commercialize technology that helps to improve patient care and medical practice and the ability to attract funding from angels, venture investors and/or industry partners.

The inspiration behind the Translational Partnership Program’s philosophy of “science serving humanity” was Wallace H. Coulter, a little-known biomedical engineer who applied his inquisitive mind and engineering talent to solving unmet clinical needs. Coulter invented the Coulter Principle and founded the Coulter Corporation, a private global diagnostics company. After Coulter’s death in 1998, the proceeds from his estate were used to fund the Wallace H. Coulter Foundation, which has continued to provide risk capital for innovative initiatives through its grants and to sponsor university-based translational research grant programs.

The idea for the Michigan Growth Capital Symposium was conceived in the late-1970s by U-M Finance Professor David Brophy, director of the Center for Venture Capital and Private Equity Finance, who recognized the need to bring together startup founders and angel and venture-capital investors in a common forum. His aim was to fuel the growth of an entrepreneurial community in Michigan, diversify the state’s staid economy beyond cyclical automotive manufacturing and foster the expansion of a thriving local angel and venture-capital investment industry.

Brophy also wanted to do more to promote the commercialization of exciting research discoveries and technological innovations emerging from the test labs at the state’s major research universities and medical centers. And he hoped to encourage enterprising entrepreneurs, including many former students, to seek out or provide the critical financing needed to accelerate the introduction of innovative products and services in the marketplace.

As the MGCS evolved, Brophy began to invite seasoned investors and successful entrepreneurs to speak about their experiences and to serve on panels that examine a wide range of industry issues, from new investment opportunities in technology and life sciences to the challenges facing entrepreneurs in health care and fintech.

The heartbeat of the symposium, however, still emanates from the startup founders and CEOs who make presentations each year to investors. For a privately held company to be considered, it should be seeking funding ─ seed, early-stage, late-stage or pre-IPO ─ in the range of $1 million to $20 million within six months of the symposium, and have projected revenue of $20 million within five years. A Midwest connection is preferred. Each application is reviewed independently by qualified venture capitalists serving on the symposium’s selection committee.

Once selected, a company participates in a presentation review, where MGCS coaches help startup founders and CEOs refine their formal pitch to investors and hone their presentation skills. During the symposium, each company is given a 12-minute presentation slot to showcase its business to an audience of angels, venture capitalists and institutional investors. In addition, startups are provided with table-top exhibit space, an executive summary in the MGCS conference binder and, new in 2017, a complimentary analysis of their investability and market-sector potential.

Since the Michigan Growth Capital Symposium began, hundreds of startups have taken advantage of the opportunity to meet and greet investors and negotiate a deal for financing.

“The symposium offers a great opportunity to access capital and to expand awareness of our business among VCs,” said David Esposito, president and CEO of Armune Bioscience in Kalamazoo. “We also are able to exchange ideas with other entrepreneurs.”

“We are at the MGCS, because we are huge believers in Michigan and are trying to build awareness of our company,” commented Michelle Lange, chief customer officer of AutoBooks in Troy. “We’d rather have Michigan money and see things happen in our state.”

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Claudia Capos, the owner of Capos & Associates LLC, is a professional communicator with an extensive background in journalism, publications and media relations. A University of Michigan graduate, she co-founded About Ann Arbor Magazine before joining The Detroit News, where she held a variety of writing and editing positions. The News submitted three of her investigative-reporting series for Pulitzer-Prize consideration. 

Since leaving the News, Claudia has provided communications services to numerous clients, ranging from the Big Three automotive manufacturers to small and mid-size privately held companies. She also has written and edited publications for leading philanthropies and educational institutions, including the U-M’s Ross School of Business. Her articles have appeared in national magazines and major metropolitan newspapers. 

In addition, Claudia has gained first-hand knowledge of global business marketing and operations through her international-trade corporation, Foreign Accent Inc., and its locally based successor, Brighton Accents.

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MTAM CEO Guests on International Podcast to Discuss Connected Technologies in Michigan

Mobile Technology Association of Michigan CEO provides insight to international audience on Michigan’s connected technologies environment, economic impact, and role in the international connected tech community

Mobile Groove logo_rebrand_RGB - smallerDETROIT, MI – Taking the opportunity to showcase Michigan’s role in the national and international connected technologies community, Mobile Technology Association of Michigan (MTAM) CEO, Linda Daichendt, was recently a guest on the Germany-based international mobile technologies podcast, Mobile Presence, hosted by Peggy Anne Salz, Top 100 Mobile Industry Influencer and Chief Analyst of Mobile Groove. The podcast can be accessed at http://dld.bz/fvT3q.

Mobile Presence, a production of Mobile Groove, an international Top 50 ranked tech destination and media property, is one of the premier international podcasts for trends, tools and tips related to all areas of mobile/connected technologies.

“I was very pleased to present Michigan and its connected technologies-related achievements to the international community”, said Linda Daichendt, MTAM CEO. “Anything we can do to increase global awareness of the innovative, ground-breaking work being done here brings us another step closer in our quest to make Michigan the global center in several fields of connected technologies, including: connected/autonomous vehicles, enterprise-focused IoT, smart manufacturing and connected health. We appreciated the opportunity to make MTAM and Michigan a focus in the recent Mobile Presence episode.”

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For Auto Industry, Attracting and Retaining Millennial Talent Requires Changing Company Culture

NOTE:  This article originated in the MICHauto Mobility Report newsletter and is replicated here for our audience. Links will forward to MICHauto content.

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michauto-eventThe millennial generation is the fastest-rising workforce and will comprise 75 percent of the global workforce by 2025, according to PwC. In order for Michigan’s automotive and mobility industry to reap the talent it needs to maintain its leadership in connected and autonomous vehicle development, changing “the company culture” to appeal to millennials is not only necessary, it is essential.

“What we’re seeing, regardless of industry, are three megatrends impacting businesses: the rise of the millennial workforce, the rise of the flexible and freelance workforce, and the explosion of mobile and digital technology,” Mendoza said. “To stay ahead of the game, you have to adapt to these trends quickly and strategically.”

That was a key message Marvin Mendoza, director of talent innovation at PwC, delivered to more than 150 automotive industry leaders and stakeholders at the sixth MICHauto Annual Meeting. Read highlights from the event here.

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