Philadelphia Tech Economy: Insights and Analysis in New Report

Each year, companies, nonprofits, and trade groups publish annual reports to provide insights into their operations and performance. For years, we at Technical.ly have published annual print magazines tied to big event series we produced, including Philly Tech Week and Baltimore Innovation Week. These magazines blended local tech industry news with startup community goings-on and our own organizational updates.

However, the mix felt important, reflecting that tech is not just an industry anymore but a community. Ecosystem building has sustained as a metaphor for a reason. After a pandemic of change, we are back with something new. Today Technical.ly is releasing its inaugural State of the Philadelphia Tech Economy Report, a version of which we are publishing for each of the markets we serve. This report is made possible by support from 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.

Inside this report, you will find data and analysis that includes our independent analysis of where Philadelphia’s tech economy is strong and where it falls short at a national level. We also have examples of our deepest journalism, including our Thriving series and the people we think best exemplify the region by way of our RealLISTs. We expect this report to become a capstone to the region and our own work each year.

It’s important to note that while technology, startups