The Massachusetts Technology Sector
After working for more than five years as a software engineer at a Massachusetts-based digital-video editing company, Dave Lanzar decided it was time to take a chance and join the ranks of a start-up streaming media company that had yet to go public.
“The future was rosy and we were all going to get rich,” Lanzar said.
But that future never materialized, and the company that was supposed to make Lanzar rich no longer exists. He was laid off in August 2001, one month before the terrorist attacks on Sept.11, 2001 accelerated an already progressing downturn in the job market that hit the Massachusetts technology sector especially hard.
Lanzar did not work as a programmer again for over two years. During that time he burnt through his entire savings and starting doing odd jobs like baby-sitting and lawn-work to survive. In October 2003 he secured a several-month-long contract job.
After the contract ended in early 2004, it was six more months until Lanzar found a permanent job. Even though he is back to work, his extended, unpaid and unwanted vacation still haunts him.
“I definitely, sometimes feel my rustiness. I’m having to work very hard to overcome that,” Lanzar said.
The Massachusetts high-tech industry has been the setting for thousands of similar stories since 2001. The Greater Boston Chamber of Commerce reported that, between 2001 and 2003, the Boston area alone lost 32,000 high-technology jobs -- a 22 percent loss.
The Mass Software Council reported in the 2004-2005 edition of its yearly software industry research publication, The Complete Guide to the Massachusetts Software Industry, that the state lost 121 software companies and 3,859 software-related jobs in 2...
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...the state will not invest too heavily in one specific technological growth area, such as stem-cell research, while ignoring the rest.
“We think if there’s going to be an investment in technology, it should be more broad-based,” said Boulanger.
Boulanger also warns of possible dangers looming on the horizon that could impede growth. He points to proposed Massachusetts House bill 2606 as a potential momentum killer. The bill aims to close corporate tax loopholes, and includes a measure to ensure that any software bought online would be subject to state tax. The bill claims this loophole is worth an estimated $50 million dollars in yearly revenue.
“It’s definitely moving in the wrong direction,” Boulanger said. “The state government has the ability to make Massachusetts companies more competitive around the margins. And that is all we are really asking for.”
Nimi Feghabo is an Atlanta-based consultant in Capgemini’s Custom Software Development service line. She has worked and acquired knowledge in many different industries spanning from Accounting to the Legal Industry. She brings significant leadership experience along with a proven track record. Prior to Capgemini, she has had experience in various industries which include legal, manufacturing, and international professional services. Her contributions include software implementation, ERP development, and facilitating changes. Through these projects, she has gained valuable insight and is able to develop transformative solutions into an effective facilitation strategy.
is the driver of technology; and the technology, in turn, is driving fundamental changes in
Let’s see if lawmakers pay attention and lend their support. It helps that so many industry groups are on board this time.
My ideas resemble a mixture of Rosalind Cartwright and Sigmund Freud’s theories on dreams. Freud believed that the purpose of our dreams is to attain a
...state politicians need to wake up and smell the dry aired air, and begin to work together for new laws that apply to the supply and demand of today, not yesterday.
The largest component of the bill was the $288 billion allocated to tax cuts. Businesses as w...
We spend six years of our lives in sleep and many of us do not think about what occurs while asleep. Everyone has experienced more than a few dreams while asleep, that is because, whether you know it or not, everyone dreams while asleep. Based off the Activation Information Mode Model theory, dreams are random neurological firings that have no particular meaning. The reason dreams feel so real and personal is because they are based from recent memories located in the brainstem. Although dreams are meaningless, our brain tries to make connections. Through the Activation Information Mode model people are able to analysis personal dreams.
The co-founder, Mark Butler, owes a major note to the other original partner, who Mark bought out. He has a mortgage on his 12-year-old house and no other significant investments. Mark’s personal references indicate that he is hard-working and watches his business very closely.
...rch 5, 1975, in a carport in Menlo Park. Wozniak had been fiddling in workstation plan for quite a while when, in 1976, he outlined what might turn into the Apple I. Hobbyists finished not consider the Apple I exceptionally important, and Apple completed not start to take off until 1977, when the Apple II appeared at a nearby workstation exchange show. With the increment in deals, on the other hand, came an expansion in organization size, and by 1980, when the Apple III was discharged. In 1981, things got a bit more troublesome, Because of the plane accident that Wozniak got into. In promptly 1983, Jobs started to court John Sculley, then president of Pepsi-Cola. In April, he was fruitful, and Scully got to be president and CEO of Apple. In spite of the fact that a fruitful business person, it soon got clear that Sculley finished not know much about the PC business.
No recent events caused any of their troubles to surface. They were having a difficult time so they decided to restate their funds for the past four years. When they did this, it showed huge differences of money from what they had posted and what they restated it as. In fact so much that they were eventually forced to file for bankruptcy. They brought the trouble on themselves. If someone didn't become suspicious after Skilling quit, then they probably could have gotten away with it for a few more years. But I do believe that they would have been caught eventually.
...nd again resulting in creation of bigger markets and pulling large competitors and creating new job opportunities, but the problem is with undefined factors like outsourcing, lack of skill development in respect with technology advancement. Technology advancement may be causing huge impact on employment but it is also making human living better. Technology as became part and parcel of our life so we can’t think of life without technology, but to make sure that the same does not harm our livelihood we should keep in track and sharpen and hone our skills with advancement of technology. (Brynjolfsson & McAfee, 2011)
Sigmund Freud noted as the Father of modern Psychology, believed that the function of dreaming was to allow the release of repressed instinctual impulses in a way that would preserve the ability to sleep, and that the instigating force causing dreams to occur was always a repressed thought or wish. Though Freud was an avid student of neurobiology, at the time when his suppositions were created scientists were unaware of certain aspects of the nervous system that today make Freudís theory unlikely (2). The stages of sleep, the biology of the brain, and the retention of dream memories all suggest an idea similar but contrary to Freudís theory. These factors lead one to believe that dreams are in fact not always subconscious or repressed thoughts, but often just the mindless ramblings of the brain and nervous system.
The numbers of new technical jobs created will not compare with the millions whose jobs will become irrelevant and redundant in the retail sectors.
...y be challenging to us and we will therefore require broad knowledge on different issues. We should also be aware of scientific developments that will solve challenges in an easier manner.
“Education is probably the most important issue that affects the ability to benefit from technology.