New Study Shows Indiana As Emerging Agtech Innovation Hub
News Release
INDIANAPOLIS — AgriNovus released new research Thursday, Sept. 14, showing Indiana as an emerging hub for agtech innovation due to its strengths in agriculture and technology.
Conducted by TEConomy Partners, the study, titled “The Intersection of Agbioscience and Tech,” identified the growth of tech-related positions across the broader Indiana economy and in agbioscience, including identifying the occupations contributing to the growth.
“The agbioscience economy is the only economy in the world that touches every person on the planet given it centers on food,” said Mitch Frazier, president and chief executive officer of AgriNovus Indiana. “Given Indiana’s strength in agbioscience and its history of success in technology, significant opportunity exists to further unite these two industries to build the next chapter of Indiana’s economy.”
Key highlights of the study include:
- Tech job postings in agbioscience saw nearly seven times growth since 2017.
- Companies have posted more than 6,700 tech jobs in agbioscience since 2015.
- Industrial engineering, technologies and technicians are among the leading jobs postings by agbioscience companies in Indiana.
“Indiana has many evident strengths and assets in agtech-related fields,” wrote TEConomy Partners in the research. There “is strong evidence that Indiana’s agbioscience companies are endeavoring to significantly boost their core tech and tech reliant workforce, and if connectivity can be increased to the increasing output of students at Purdue, IU and other Indiana institutions, significant employment growth is likely to occur.”
The study follows TechPoint’s release of “Putting Tech to Work in Critical Industries,” which examines Indiana’s tech sector and its relationship with other advanced industries to drive economic growth. That study can be found here.
The full study, “The Intersection of Agbioscience and Tech,” is available at www.AgriNovusIndiana.com.