What’s critical is that these companies base their decisions on strong, objective assessments and not rely on commonly held perceptions about where these types of places are.
St. Louis, MO (PRWEB) June 09, 2011
St. Louis and Kansas City, MO have been named two of the top 13 U.S. cities for information technology talent, according to a recent report from KLG Advisors. The KLG study focused on U.S. metros with 20,000 or more employed in the sector, excluding those markets with ultra high costs, such as New York and Washington, DC, where IT compensation can run up to 35% higher.
“Companies with high demand for skilled technologists are increasingly looking to new locations with greater talent availability and lower costs as a means of building a lasting competitive advantage,” said Tim Nitti, Principal of KLG Advisors. “What’s critical is that these companies base their decisions on strong, objective assessments and not rely on commonly held perceptions about where these types of places are.”
IT remains one of the fastest growing industries, partly because other types of business are increasingly dependent on it. With this growth comes a worldwide shortage of qualified workers. With St. Louis ranking 5th for university “grad output” in the KLG report, and Kansas City ranking 7th for labor force concentration and projected growth, Missouri is one of just a handful of states expected to keep up with the demands of the industry.
About The Missouri Partnership:
Since 2007, the nonprofit The Missouri Partnership has worked in concert with state, regional and local economic development groups, as well as private industry, to attract new companies to Missouri by marketing the state’s business advantages. Through effective branding, advertising, earned media, trade show attendance, and targeted relationship-building, the Partnership’s team of seasoned economic development and marketing professionals seek to promote Missouri as a top destination for new capital investment and job creation. For more information about The Missouri Partnership visit: http://www.missouripartnership.com.
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