MASSTLC Study Shows Greater Boston's Emergence as Mobile Powerhouse
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The document summarizes a study by MassTLC that showed the mobile industry has become a major economic sector in Massachusetts. Some key points: - The mobile industry in Greater Boston now employs around 30,000 workers at almost 400 companies. - Massachusetts has successfully combined its strengths in networking with a surge in mobile application development among entrepreneurs. - Over 80% of mobile companies have fewer than 50 employees, highlighting the entrepreneurial nature. - Investment in local mobile startups rose 40% in 2010 and is on track to double in 2011.
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MASSTLC Study Shows Greater Boston's Emergence as Mobile Powerhouse
- 1. FOR IMMEDIATE RELEASE Contact: Mark Horan (617) 669 8340 mark@masstlc.org MASSTLC STUDY SHOWS GREATER BOSTON’S EMERGENCE AS MOBILE POWERHOUSE Sector Now Employs 30,000 Workers at 400 Companies CAMBRIDGE, MA, May 13, 2011 – The mobile industry has quickly become one of Massachusetts’ most formidable economic sectors, with almost 400 companies now employing some 30,000 workers, according to a study released today at the MassTLC Spring Meeting. The scoping of the industry, which was conducted by MassTLC’s Mobile Cluster, confirms that Massachusetts has created a mobile hotbed by combining its traditional strength in network communications with a surge of activity among young entrepreneurs specializing in applications development. “This is the first time we’ve quantified what has become readily apparent to the mobile industry – the Boston area is a world-leading wireless innovation hub,” said Walt Doyle, CEO of Where and a co-chair of MassTLC’s Mobile Cluster. “The energy in the Boston area is second to none.” Underscoring the entrepreneurial character of the environment, the study found that more than 80 percent of the mobile companies had fewer than 50 employees. Investment in Massachusetts local startups rose to 82 million dollars in 2010, a 40 percent increase over 2009, according to data supplied to MassTLC by Rutberg & Co., a leading wireless research and investment firm. Even more promising, Rutberg’s data for the last twelve months suggests local mobile investments are on track to double this year.
- 2. “Our real advantage is the vibrant start-up culture we’ve nurtured here in Massachusetts,” said Carl Stjernfeldt, General Partner at Castile Ventures and a Mobile Cluster co-chair. “Young people in particular are naturally drawn to this technology and Boston has the advantage of a deep pool of youthful entrepreneurs.” The study also estimates that the sector is generating just under $540 million in sales. The mobile scoping report comes on the heels of a March MassTLC survey of its member CEO’s that predicted overall tech employment in Massachusetts would grow 13 percent this year. In April, UMass’ “Mass Benchmark” study revealed that the state was outpacing the nation in job creation and that the tech sector was key to the growth. “Based on the evidence we see, the tech sector is driving overall growth and mobile is driving tech growth,” said Steve Krom, vice president and general manager of AT&T for New England and a Mobile Cluster co-chair. “The MassTLC Mobile Cluster will do everything it can to support this mobile momentum.” MassTLC partnered with BostInnovation to create the list of 400 companies, and used data culled from various public sites to estimate employee counts and sales levels. Rutberg & Co. supplied the start-up investment data. “Scoping the depth and breadth of our emerging sectors is critical to attracting investors, entrepreneurs, and highly skilled workers to Massachusetts,” said Tom Hoprcroft, president and CEO of MassTLC. “This research makes it clear that Greater Boston is among the best places in the world to start and grow a mobile business.” The following is the list of companies identified in the study. 1st Works AisleBuyer Atlantic Tele-‐network 211me Akamai Audissey Guides 3 B Communications Allfocus Authentic Mobile Abhav Ambient Devices Autocell Laboratories Accessplus Communications Ambient Rings Avaya Acme Packet American Tower AvidMobile AdelaVoice Anam Mobile Axerra Networks Adme Ankota Ayantek Adva Mobile Antenna Software Aylus Networks Aerva Apperian Azuki Systems Aes-‐intellinet Apple Basho Technologies Airpath Wireless Appswell Beatbox Pad Airprint Networks Ascendent Systems bni video Airvana Ascio Wireless Beechwoods Software, Inc. Airwide Solutions AT&T Bellhawk Systems Corp
- 3. Bentley Systems Connectivity Getzazu Bettawalka CounterPath Corporation Go2 Media Biorasis Counterpulsation Goby Technologies Biscom Cross Country Automotive Services Gomez Biskero Cyphermint Google Cambridge Bite Mobile Dataviz Graywolf Sensing Solutions Bitheads DataXu Green Mountain Software Bitstream David Clark Co Groundhog Technologies Bitwave Semiconductor Dear Panda H&H Software LLC Bluesocket Delcom Systems Hea!lthrageous Boundless Security Systems Dexrex Gear Hello Vino Bradford Networks Dialogic Heywire BrainShark Dielectric Communications Hiwired Brassmonkey Digirobotics Homeland Security Wireless Brewgene Digit Wireless Hook Mobile Broadcom Corp Digital Voice Systems Hooken Mobile Broadview Networks Digitas HP Procurve Cadec Global Direct Network Services HTC Cadio Docutemp Wireless HuddleHub Caduceus Wireless Drync Hummingbytes Camiant Echo Therapeutics I Am Hungry Canberra Industries Electrochem Solutions iBasis Captivate Network Ember IBM CardStar Empower Mobility ID8-‐Mobile Celeno Communications Enlight Solutions Illume Software, Inc. Cellular Specialties Enterprise Mobile Incelligence Celtra Envio Networks Infared5 Cerylion Eplus Technology InfoGin Chameleon Network Equilateral Technologies Instantnightlife Checkbox Survey Solutions Erallo Technologies Intel Network Systems Chexout Systems Evertrue Interact Public Safety Systems Chexplit Exavera Technologies Internoded ChoiceStream FeedHenry Ipowerapps Cielo Mobile Figcard Isabella Products Cisco FitLinxx Iscandit Clearwire FitnessKeeper Izup Codebroker Fitnow Jumptap Coloci Fluentmobile KangoGift Comhouse Wireless Foneshow KaOoga! Mobile Comm-‐tract Corp Footpath Keisense Comnav Engineering Froghop Kiva Systems Comverse Technology Gam Electronics K-‐nfb Reading Technology Connected Bits Geolenz KVH Industries
- 4. kWhOURS National Wireless RealityFrontier LG Nellymoser Red Bend Software Liquid Wireless Nestor Traffic Systems RedPint LiveWire Mobile NetRC Systems Renaissance Electronics Localytics NetScout Systems Research In Motion LocaModa Netversant New England Ressen Design Locately Newbury Networks Revolabs LogMeIn Nexage Rocket Farm Studios Lojack Nextcode SAB Solutions Long Distance Post LLC NextComputing Samsung Malleable Devices Inc. NextTrain Sand 9 Mcaddie Nokia SaveWave Me You Health Notepage SavingStar meblur Nuance Sayagle Medtronic Oak Wireless SCVNGR Meltwater OnePIN Seafire Mobile MEMSIC OneSimCard Sendza Meru Networks Onset Technology Shoptext Microsoft Oxy Systems Shopximity Millennial Net Parallel Cities Sideband Systems Mjetz Paycash Mobile SiGe Semiconductor Moaec Peak Networks Single Digits Mobicious Peekaboo Mobile Skycore Mobile Excursions Pegasystems Skyscape Mobile Software Phandroid Skyworks Solutions Mobilerobots Pintley Smart Robots MobileSphere Pinyadda SnapMyLife Mobiola Pipeline Wireless Sonus Networks Mobiquity Pivotal Satellite Tech Soundbite Communications Mobleo Pliq Sparkfish Creative Mobot Pongr Spectra Access Mocospace Porticus Technology SpeedDemon Modiv Media Profit Tools Spinwave Systems ModoLabs Proliphix Sponty MoFuse Proxim Wireless Spot On Networks Monitise Americas Proxpro Spring Partners Monotype Imaging Pyxis Mobile Sprint MoreMagic Solutions QuantiaMD Sproxil Motorola Mobility Queralt Survey On The Spot Moveable Code Quiet Logistics Survol Mstyle Radiospire Networks Swift Mobile mtiks Raizlabs Sycamore Networks Myvu Corp Rave Mobile Safety SymTrend
- 5. Synet T-‐Mobile Veracode Syniverse Tom Tom Verdasys SyntegraTech TotalMobile Verizon Wireless Talent Beat Trade Wings VGo Communications Tapatalk Treedia Labs Vlingo TapWalk Trimble Navigation Voltree Power Tatara Systems TripChill Voodoovox Tekelec TripCraft Waav Telcordia Technologies Trophos Energy WASP Audio Technologies Telemessage Ubiqi Health WHERE Telepartner International Umber Systems Wherephone Telescada Unadilla Antenna WiTricity Telstra Unbound Commerce Wowize Textaurant Unbound Commerce Wyerless.net Solutions Texterity Untravel Media XIUS The Sweeper Unwired Appeal xMobilesolutions Thickfuzz Up to Date XtremeAlerts ThinkFlood uReach Technologies zTrace Technologies Thinking Phone Networks Vanu Thinking Screen Media Vazion Tiverias Apps Vela Systems About The Mass Technology Leadership Council, Inc. The Mass Technology Leadership Council, Inc. is the only business association that addresses the critical leadership issues of innovative technology and technology-enabled companies. Drawing on the rich legacies of Massachusetts Network Communications Council, the Massachusetts Software Council, and the New England Business and Technology Association, Inc., the organization is dedicated to fostering entrepreneurship and promoting the success of companies that develop and deploy technology across industry sectors. The Mass Technology Leadership Council conducts educational programs, hosts industry events, facilitates networking, sponsors research, advocates in favor of technology policies that promote innovation, entrepreneurship and competition, and recognizes industry-leading companies and people. For more information, visit http://www.masstlc.org or http://blog.masstlc.org.