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Inland Empire Tech Industry Should Focus On Local Strengths To Both Build the Economy and Expand, Says New Study

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Inland Empire Tech Industry Should Focus On Local Strengths To Both Build the Economy and Expand, Says New Study

November 20, 2018— RIVERSIDE, Calif. (www.ucr.edu) — Basing its analysis on traditional gauges of industry activity, the ‘tech sector’ has a limited presence in the Inland Empire according to a new analysis released today by the UCR School of Business Center for Economic Forecasting and Development. The study finds that efforts to home-grow tech may have more success if they are linked to the region’s anchor industries such as logistics, agriculture, and possibly green tech. According to the report, local policymakers and economic developers should leverage recent success in the region’s long-established industries to not only build the economy, but also expand the presence of tech occupations and establishments.
The analysis finds that over one-third of all the tech industry jobs in the Inland Empire are within tech subsectors that are directly associated with the region’s time-honored logistics sector, such as E-Markets and E-Shopping.
“Technology is increasingly integrated with, and already exerting a large impact on, nearly every industry in the Inland Empire,” said Robert Kleinhenz  executive director of research at the Center for Economic Forecasting and one of the report’s authors. “Because we have limited resources to promote economic growth and well-being among local residents, as public and private efforts support the growth of tech in the region, the larger challenge will be to prepare the workforce to be tech savvy, and to position our communities, businesses, and organizations to adapt to the brisk pace of change that is taking place.”
The overall presence of the technology sector in the Inland Empire is modest, accounting for 2% of all establishments in the region, according to the study. Tech-related employment makes up just 1.9% of all jobs in the Inland Empire, compared to 6.8% of all jobs statewide. Since 2011, however, the region has seen an 11.7% increase in the creation of new tech establishments/businesses – primarily within subsectors related to the logistics sector including E-Markets, Agents and Brokers, and Design Services.
The study authors argue that efforts by major metropolitan areas across the globe to be the next Silicon Valley face uphill battles, but the Inland Empire may be able to adopt strategies from places like San Diego and Austin, Texas, locations that have succeeded by focusing their efforts on applying tech to one or two key industries that already play a significant role in these regional economies.
 
 Click here to view the new analysis. This report is produced entirely by the UC Riverside School of Business Center for Economic Forecasting and Development.
 
The UC Riverside School of Business Center for Economic Forecasting and Development is the first major university forecasting center in Inland Southern California. The Center is dedicated to economic forecasting and policy research focused on the region, state, and nation. Learn more at UCREconomicForecast.org

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

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Innovative Breakthroughs and Global Partnerships: California’s GITEX 2023 Delegation Returns Home from Dubai

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Seizing the Future: IE Chamber Leads California Tech Visionaries in Groundbreaking International Collaborations

The Inland Empire Regional Chamber of Commerce (IERCC) proudly led a top-tier delegation of tech representatives from California at GITEX GLOBAL 2023 in Dubai, which concluded last week. The event was a resounding success, providing invaluable global exposure for California’s tech industry and fostering numerous opportunities for international collaboration and partnership.

Despite the absence of IERCC’s President & CEO, Mr. Edward Ornelas, Jr., the delegation thrived under the leadership of the Chamber’s CTO, Mr. Gabriel Rangel. “Our presence at GITEX was pivotal; it opened doors for collaboration and showcased the Inland Empire’s innovative spirit on a global stage,” stated Mr. Gabriel Rangel, CTO of IERCC.

GITEX GLOBAL 2023, held from October 16-20, lived up to its reputation as the world’s largest tech and startup event. With its theme “The Year to Imagine AI in Everything,” the conference hosted over 6,000 companies and startups, drawing more than 170,000 tech enthusiasts from over 170 countries.

Central to the delegation’s mission was the fostering of bilateral relationships, and the results were substantial. IERCC facilitated critical introductions and meetings between California tech entities and potential global partners, securing several provisional agreements that promise to boost the state’s tech industry.

Further enhancing the delegation’s profile was Mr. Ram Thanapandian, Principal Technology Consultant to the State of California and Chair of CA State Treasurer Fiona Ma’s Technical Advisory Commission. His presence emphasized the state’s commitment to technological advancement and economic collaboration on a global scale.

“The insights our team gained at GITEX are invaluable. We’re excited to integrate these global tech perspectives into our local industry, driving innovation right here in the Inland Empire and California,” expressed Mr. Edward Ornelas, Jr.

Post-event, the delegation is gearing up to capitalize on the progress made at GITEX. Follow-up meetings, collaborative tech projects, and shared research initiatives are already in the planning stages, promising to foster a period of vibrant growth and innovation for the tech industry in California and beyond.

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Inland Empire Regional Chamber of Commerce to Lead California Delegation at GITEX GLOBAL 2023 in Dubai

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Fostering Technological Synergy: Bridging the Tech Gap with Global Partners

Demonstrating the Inland Empire Regional Chamber of Commerce’s (IERCC) commitment to global tech collaboration and innovation, the organization will lead a California delegation to the world-renowned GITEX GLOBAL event in Dubai from October 16-20, 2023. Though the original invitation extended to IERCC’s President & CEO, Mr. Edward Ornelas, Jr., he will not be in attendance. Instead, the California delegation will be spearheaded by the Chamber’s newly-appointed CTO, Mr. Gabriel Rangel.

Organized by the Dubai World Trade Centre, GITEX GLOBAL 2023 promises to be grander than ever. The event is set to host over 6,000 exhibiting companies and startups, drawing more than 170,000 tech and business executives from over 170 countries. The mega-event will sprawl across 41 vast halls and, for the first time ever, will be held at two prominent venues – the iconic Dubai World Trade Centre and the new Dubai Harbour for Expand North Star, making it the host for the world’s largest startup event.

Mr. Edward Ornelas, Jr. commented, “While I regret not attending GITEX personally, I am proud to have Mr. Rangel at the helm of this effort. I’m confident that our delegation will foster new collaborations and present the Golden State as a tech powerhouse.”

This year’s conference adopts the compelling theme of “The Year to Imagine AI in Everything”. Attendees are poised to witness the grandest showcase of AI tech giants and industry frontrunners. Additionally, it promises to kindle profound dialogues and debates concerning the socio-economic implications of burgeoning AI technology.

“Leading the California delegation at GITEX offers us an unmatched platform to nurture and solidify relationships with global tech partners,” said Mr. Gabriel Rangel, CTO of IERCC. “As the technology landscape continues to evolve, it’s critical for us to be a part of these international collaborations. I’m honored to spearhead this mission on behalf of the Inland Empire Regional Chamber of Commerce.”

An integral part of the California delegation, Mr. Ram Thanapandian, Principal Technology Consultant to the State of California and Chair of CA State Treasurer Fiona Ma’s Technical Advisory Commission, will be present, providing invaluable insights and representing the State of California Treasurer’s Office.

IERCC’s leadership in organizing this delegation underscores the crucial role that California plays in the global tech ecosystem and mirrors Dubai’s ambitious vision as encapsulated in the Dubai Economic Agenda (D33). This strategy aims to substantially expand Dubai’s economic landscape in the upcoming decade, securing its stature among the world’s leading global cities.

Trixie LohMirmand, Executive Vice President of the Dubai World Trade Centre and CEO of KAOUN International, remarked on the invaluable contributions the California delegation will bring to the event. She looks forward to an event marked by knowledge-sharing, collaboration, and pioneering discussions.

For additional information on GITEX GLOBAL 2023, please refer to: GITEX 2023 Preview.

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Navigating the Digital Frontier: The 2023 Cybersecurity Update

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Industry Experts and Enthusiasts Converge for a Comprehensive Deep-Dive into Advancements, Trends, and Challenges in Cybersecurity

The Inland Empire Regional Chamber of Commerce and the County of San Bernardino are pleased to announce the 2023 Cybersecurity Update on Thursday, June 29th, from 2-4 PM at The Enterprise Building in San Bernardino.

The event, themed “Cybersecurity: Advancements, Trends & Challenges in the Digital Frontier”, is a must-attend for IT professionals, cybersecurity enthusiasts, and anyone keen on understanding the state and future of digital security.

“Cybersecurity is a growing concern in this era of digital transformation. With the ever-present threats from AI-driven risks to complex network vulnerabilities, it’s more important than ever to stay informed,” said Inland Empire Regional Chamber of Commerce President Mr. Edward Ornelas. “This event is designed to bring together industry experts and interested individuals to discuss these topics, exchange ideas, and forge potential collaborations.”

The afternoon will commence with a keynote address from a leading authority in the cybersecurity field, examining the changing dynamics of cybersecurity, the progression of technology, and potential future developments. An interactive panel discussion will follow, focusing on a variety of pressing cybersecurity topics, including the role of AI, IoT security, blockchain security, and the evolving nature of cyber threats.

Attendees will have the unique opportunity to engage with industry experts, pose questions, and gain valuable insights into the current cybersecurity landscape. The event will also provide an excellent networking platform for participants to connect with like-minded individuals and explore new collaboration opportunities.

Don’t miss this chance to participate in critical discussions shaping our digital lives. Seats are filling up fast, so secure your spot today.

To register for the 2023 Cybersecurity Update, please visit the Inland Empire Regional Chamber of Commerce’s website or click here to register directly.

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