Chicago Tech Scene: In the News

Posted by Amy Westrick on Jun 23, 2017 10:42:31 AM

Urbanbound Chicago Technology Scene in todays newsWelcome back this week for another update on what's happening in the Chicago tech scene! You will want to hear what’s new in the news.

It is time to sit back, relax, and wind down—Friday is here, and the weekend is upon us.

 

Tech Jobs Are on the Rise in Chicago

"The Chicago metro area added 10,000 tech jobs between 2013 and 2015, according to a Brookings Institute study, a 5.8% compound annual growth rate. The region had the 9th biggest increase in number of tech jobs, behind San Francisco, San Jose, New York, Dallas, Boston, Austin, Seattle and Los Angeles."

"The Chicago metro area also saw its share of national tech jobs increase from 2010 to 2015, according to Brookings. Its share rose by less than 0.5%, which might not sounds like much, but it was one of only a handful of cities to see its share increase as the Bay Area continues to add to its piece of the tech employment pie. In fact, 86 of the largest 100 metros have either seen their share of the national tech sector stay the same or actually shrink since 2010, according to Brookings, and 6 cities lost jobs in absolute terms."

To uncover more about how tech jobs are on the rise in Chicago 

 

Can Resume-Reading Software Help Companies Make Better Hires?

"The German technology company, which employs more than 1,500 people in the Chicago area, is introducing a tool that will allow recruiters to use machine learning to sift through thousands of applications much faster."

"The tool extracts information such as skills and experience from resumes and scores them against particular open positions. That can allow a recruiter to more easily whittle down a pool of a thousand to several dozen that are worth further consideration"

"SAP also plans to use machine learning to score job descriptions themselves — a process that could help identify unconscious bias in listings. For example, terms like “rockstar” or “ninja” may be more attractive to men than women. The company is developing a new machine learning tool that would detect this kind of language using sentiment analysis, then suggest alternatives."

To learn more about how this software could save your company time and money

 

Wish you didn’t have to stop?! No worries — there’s more where that came from! Check out these great reads:

When It Comes to Tech Exits, Chicago Holds Its Own With NY, LA and Boston [ChicagoInno]

Look no further: Why 6 Chicago tech companies promote from within [BuiltInChicago]

13 Awesome Tips From Ecommerce Experts [ChicagoInno]

3 Important Lessons to Learn from 3D Printing Startups [Tech.Co]

understanding millennials in the workplace

Topics: Chicago Tech News

Chicago Tech Scene: In the News

Posted by Amy Westrick on Jun 16, 2017 4:12:45 PM

Urbanbound blog Chicago Tech Scene in todays newsWelcome back this week for another update on what's happening in the Chicago tech scene! You will want to hear what’s new in the news.

It is time to sit back, relax, and wind down—Friday is here, and the weekend is upon us.

Illinois' 2017 Fortune 500 Companies

“Fortune just released its annual Fortune 500 list, a ranking of the top companies in the U.S. in terms of total fiscal revenue, and there are 36 Illinois-based companies on this year's list.”

“Falling off the list is Telephone & Data Systems, a telecomunications company that was No. 496 in 2016 but fell to No. 504 this year. Also off the Illinois Fortune 500 list is Baxalta, which was acquired last year by Shire.”

“There are two newcomers to Illinois' Fortune 500 club. TreeHouse Foods, the food processing company, clocked in at No. 427, up from No. 686 in 2016. Its revenue nearly doubled in that time, jumping from $3.2 billion to $6.18 billion. Conagra is also new to the Illinois list as it relocated to the state last year.”

  1. Walgreens Boots Alliance--$117 billion (+2)

  2. Boeing--$94 billion (no change)

  3. State Farm--$76 billion (+2)

  4. Archer Daniels Midland--$62 billion (+4)

  5. Caterpillar--$38 billion (-15)

  6. United Continental Holdings--$36 billion (-3)

  7. Allstate--$36 billion (-3)

To find out the rest of Illinois’ 2017  fortune 500 companies

 

Ways to Delight Your Customers and Make Them Loyal to Your Brand

“Today, with so many ways to connect and establish relationships online, combined with the noise of competitors vying for attention, standing out in the crowd means you'll need to not just help customers when they need it, but wow them throughout their experience.”

“Customer engagement—how people behave in relation to your brand outside of just making a purchase—plays a major role here. Think creatively about how you can partner with brands that offer complementary services and products to yours or how tech partnerships can help enhance your customers' experience.”

 “Offering customers a reward for referring their friends and family to your business is a great way to build loyalty by creating incentives. Just make sure those offerings are meaningful to customers.”

 Discover more creative ways to make customers loyal to your brand

  

Wish you didn’t have to stop?! No worries — there’s more where that came from! Check out these great reads:

Better with Age: Chicago’s Top Ten Startup Founders over 40 [TechCo]

Look no further: Why 6 Chicago tech companies promote from within [BuiltInChicago

7 Influencer Marketing Tools for Startups [TechCo]

Searching for Diverse Tech Talent? Look Here [ChicagoInno]

10 Illinois Green Tech Startups to Watch [ChicagoInno]

understanding millennials in the workplace

Topics: Chicago Tech News

Chicago Tech Scene: In the News

Posted by Amy Westrick on Jun 9, 2017 10:23:56 AM

Screen Shot 2017-06-09 at 10.17.54 AM.pngWelcome back this week for another update on what's happening in the Chicago tech scene! You will want to hear what’s new in the news.

It is time to sit back, relax, and wind down—Friday is here, and the weekend is upon us.

How to Create an Effective Sales Funnel Using Instagram

“Since Instagram isn’t a place people go looking for goods and services, to use this networking platform as a lead generation tool, you need to offer your prospects something of value in order to get them to click on your bio link.”

“One of the most challenging parts of getting an ROI from Instagram is that you have only one link to use. The link inside your bio is the only spot you can use to actively drive a prospect into your sales funnel. This link should be used wisely and never simply as a link to your home page.”

Find out more tips on how to make your company's Instagram an effective sales funnel

 

Why Chicago Will be the Next Silicon Valley Tech Hub

“The entrepreneurial spirit in Chicago has never been more alive. Over the last 3 to 5 years, there's been a growing buzz in Chicago's technology community.”

“Now, the thriving spirit in the tech community is manifesting into global recognition. Among other up and coming cities, a new KPMG report lists Chicago as a contender to be an international hub for innovation because of its talent and infrastructure.”

"In addition, Chicago also ranks among the best in the country when it comes to growth of tech jobs. This is not surprising considering the number of high-profile tech companies in and around Chicago: Salesforce, Google, CareerBuilder, Orbitz, Groupon, Redbox, Motorola, and many more."

"But if you take a closer look, you'll see that Chicago's potential for innovation lies deeper than growth in the tech sector. While growth in venture capital, tech talent, and new blockbuster startups can certainly help, Chicago's greatest and most unique asset ultimately boils down to one thing: culture."

Learn more advantages that Chicago has over Silicon Valley

 

May's 11 Biggest Chicago Tech Hires

Trunk Club

"Trunk Club, the Chicago-based personalized style service, announced it has hired Candice Savino as its new vice president of engineering. Savino comes to Trunk Club after spending 5 years at Groupon, where she was most recently senior director of engineering. She's also worked at Encyclopedia Britannica and IBM."

VillageMD

"VillageMD, a Chicago-based health tech startup, announced it has hired Brent Asplin as its chief operating officer. Asplin was most recently chief clinical officer for Mercy Health, a hospital system across Ohio and Kentucky."

Ensono

"Ensono, a Downers Grove-based hybrid IT services provider, announced it has hired Jason Deck as vice president of Hyperscale Cloud products and marketing. Before joining Ensono, Deck was senior vice president of strategy at Logicworks, and also spent time at Cisco Systems, Brocade Communications and Equinix."

SMS Assist

"SMS Assist, a cloud-based multisite property management company and one of Chicago's "unicorn" tech companies valued at $1 billion or more, announced it has hired Taylor Rhodes as its new CEO. Rhodes was previously the chief executive at Rackspace, a cloud computing company. Rhodes is also a former US Marine Corps infantry officer."

Disover the other 7 biggest tech hires of May

 

Wish you didn’t have to stop?! No worries — there’s more where that came from! Check out these great reads from the past week:

10 Laws of Social Media Marketing [Entrepreneur]

Chicago Ranked Top Corporate Metro for Fourth Consecutive Year [WorldBusinessChicago]

Better with Age: Chicago’s Top Ten Startup Founders over 40 [TechCo]

Office Envy: Trustwave Pairs New Design With Big Growth [ChicagoInno]

 

understanding millennials in the workplace

Topics: Chicago Tech News

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