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Katz runs the company with 22 paid employees and 300 volunteers who give technical support to new users and are compensated with free memberships (remember those days at AOL ). He rents space in two AT&T data centers, one in Manhattan, another inSecaucus, N.J., with $700, 000 worth of computer equipment, end servers from Dell Computer and five IBM Unix servers. The $2 million annual payroll is his biggest expense.
Thinkpad (AXcess News) Trenton NJ - The New Jersey Technology Council (NJTC) commissioned the first-ever "NJTC State of the Technology Economy Report" that compares New Jersey's performance to both the general business environment and technology industries in Pennsylvania, New York, Massachusetts, North Carolina and Virginia.
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Microsoft The findings of the report were unveiled today in a presentation to business, government and education leaders at the New Jersey Network studios in Trenton.
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Laptop Computers In detailed charts of numerous performance measures, the report shows New Jersey outranks Pennsylvania and New York in most categories, and ranks second in high-tech industry performance after Massachusetts. In addition, New Jersey rates first in many specific measures related to productivity, science and engineering employment, high-tech establishments and venture capital investment.
- The table of Week Highs, which IBD sorts by sector, can also provide good insights to which industries are drawing interest among professional investors.
- Look for stocks with a Relative Price Strength (RS) Rating of 80 or higher. This rating is on a scale of 1 to 99, with 99 being highest. An 80 rating indicates the stock is outperforming at least 80% of all other companies based on its price performance over the last 12 months.
Laptop Computer "This is an important benchmark study that we will use to measure New Jersey's performance on an annual basis," said Maxine Ballen, president and CEO of the NJTC. A strong advocate for technology in the state, the NJTC represents more than 1,200 technology companies.
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Desktop Computer "We know New Jersey's technology strengths and where it performs well. But as a maturing technology state, it's not enough to know where we're strong. With this report, we now have a picture of the areas that need attention," Ballen added.
Notebooks The NJTC plans to use the report to spread awareness of the importance of the New Jersey technology economy and the critical role technology plays in fueling statewide growth and enhancing the overall standard of living.
Lenovo The report was the result of a partnership of business, government and academic institutions: The New Jersey Technology Council; NJ Economic Development Authority; NJ Commerce, Economic Growth and Tourism Commission; NJ Commission on Science and Technology; PricewaterhouseCoopers; and Rutgers, The State University. There are programs in place that address many of the issues raised in the report. Additional programs are currently being discussed to address the specific challenges cited in the report.
Hard Drive The research and comparative analysis in the report is based on the following industries: information technology, life sciences, advanced manufacturing, telecom, advanced materials, energy, environmental technology and professional engineering and research.
Travelstar The technology industry categories of information technology and life sciences account for roughly 75 percent of New Jersey's high-tech employment.
The report shows New Jersey's overall business strengths include a prosperous economy, the largest percentage growth in employment and highest per capita income.
