Technical.ly has always been known for their annual reports, which have been published by companies, nonprofits, and trade groups. For many years, they released annual print magazines tied to big event series they produced, such as Philly Tech Week and Baltimore Innovation Week. These magazines were unique in that they blended local tech industry news with startup community updates and organizational news, highlighting the importance of the tech industry as more than just an industry but also as a community.
However, after a period of change due to the pandemic, Technical.ly has decided to do something new. They are now releasing their inaugural State of the Philadelphia Tech Economy Report, which will be published for each of the markets they serve. This report is made possible through the support of various organizations such as the City of Philadelphia Department of Commerce, Ben Franklin Technology Partners of Southeastern Pennsylvania, Morgan Lewis, the Penn Center for Innovation, and Silicon Valley Bank.
The report is available for download for free but requires sharing your name, email address and job title before accessing it. Inside the report will include data and analysis from independent sources that will provide an overview of Philadelphia’s tech economy at a national level. Additionally, it will feature examples from their journalism such as Thriving series and profiles of individuals who embody the region’s spirit through their RealLISTs. The report is expected to become an essential tool for those interested in understanding the region’s tech economy better.
It’s worth noting that Technical.ly uses terminology like technology startups and innovation interchangeably with phrases like community ecosystem and economy in this report. However, each phrase has its subtle meaning that helps differentiate between them when analyzing Philadelphia’s tech economy impact on research businesses workforce emerging inventions like software. Overall this report marks a significant milestone in Technical