The State of the Hoosier Tech Workforce

The State of the Hoosier Tech Workforce

Almost every industry has had its struggles with talent troubles over the last few years, but what about our state’s booming tech sector? Although it’s quite a diverse business category, Indiana’s tech industry holds its own on the world’s stage against other regional hubs. There’s been something like $7 billion in tech-based company acquisitions and IPOs in Indiana, and each of these firms competes for talent on a global scale. So, what’s the state of the tech workforce like these days?

To answer that question, we’ve gathered details from two organizations that specialize in tech industry talent. They’ve each released new research this spring which highlights Indiana’s how well Indiana’s tech workforce is doing.


3,525 Net New Tech Jobs Last Year

Illinois-based CompTIA, a nonprofit association that works to boost the information technology (IT) industry and workforce, put out a very cool report and interactive map that shows the current U.S. tech workforce landscape.

As the organization pointed out, it’s been an “eventful” period in tech employment nationally. They may be alluding to the well-published layoffs that happened at some of the largest tech giants throughout 2022 and the beginning of 2023, but luckily things weren’t so bad here in our state. Despite all the troubles on the national level, Indiana added new jobs and the industry grew.

CompTIA’s “State of the Tech Workforce” shows that net tech employment in Indiana increased by 3.1%, creating 3,525 new jobs in 2022. The authors forecast a similar rate of growth for 2023, or about a 2.9% increase resulting in about 3,500 net new jobs.

“In a year of even more uncertainty than usual, the tech labor market routinely defied expectations,” said Tim Herbert, chief research officer for CompTIA. “The data continues to confirm the degree to which technology underpins so many facets of business activity across the economy and the breadth of employers reliant on technical and digital skills.”

Some specific highlights also included:

  • Jobs Set for Growth (Listed by projected growth %) – Positions in software development, programming, web development and quality assurance (4.6%); database, data science and analytics (3.9%); and emerging tech, IT project management and related occupations (3.3%) are projected to see the most growth in Indiana this year.
  • Emerging Tech Employment –2% of all tech jobs postings were for occupations related to emerging tech or emerging tech skills.
  • Workforce Diversity – Indiana is in the third quartile on the diversity index, which measures diversity in the tech workforce. Women account for 29% of the workforce, black workers make up 7%, and Hispanic or Latino workers make up 4%.


Big Demand

Indianapolis-based TechPoint, which is a growth accelerator for the tech industry, also released a 2023 Indiana Tech Workforce Report early this year. Their findings show that demand for tech talent is running hot in our state, much like everywhere else, but numerous partnerships are working to keep the pipelines full.

“The challenges we outline are not unique to Indiana, but what is unique is our history of collaborating to overcome huge issues,” said TechPoint President and CEO Ting Gootee. “Working together, we can overcome these seismic shifts by investing in bold new talent pathways and alignment programs.”

Key findings from TechPoint’s research included:

  • Tech talent demand is at a record high and growing. All sectors of the Indiana economy make skilled tech talent an essential part of the statewide workforce, including advanced manufacturing and logistics, agriculture, healthcare, and life sciences.
  • Talent supply is falling behind demand. Traditional talent pipelines cannot provide enough talent to outpace Indiana’s declining working-age workforce.
  • Indiana’s economy demands additional tech talent. Digital adoption and transformation are making tech increasingly core to Indiana GDP growth.
  • Indiana disproportionately benefited from tech worker migration. A shift to remote work helped to grow Indiana’s resident tech workforce by 8.4% from May 2021 to April 2022. Only Maryland had higher figures in this migration.

Among TechPoint’s biggest recommendations for the state, the experts emphasized that community stakeholders and employers must keep tech talent investments a top priority. Business and community leaders should also work together to promote faster adoption of digital technologies, reform traditional hiring practices to be more equitable, and double down on our state’s efforts to retain the many thousands of students who come to Indiana to attend our universities.


More Work Ahead

Based on the recent reports from CompTIA and TechPoint, it’s evident that Indiana’s tech industry is on a path of growth with projections showing an expected rate in 2023 similar to last year. Demand for talent is still a tall challenge, but with concerted efforts to tackle the shortages, our state’s tech industry is set to become an even stronger economic force in the years ahead.

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