New York Works Industry Spotlight
Released in June 2017, New York Works is the City’s roadmap for creating 100,000 good jobs over the next ten years. New York City Economic Development Corporation (NYCEDC) publishes New York Works Industry Spotlight to introduce the public to important industries and job-creating initiatives that the City is adopting, as well as to explore how both contribute to the City’s ten-year goal.
Freight - Goods for the Good of the City
New York City's complex freight system moves almost 200 million tons of goods and products to residents and businesses each year. As e-commerce continues to transform the industry from demand to delivery, the aging freight system must be modernized so the city remains a global shipping hub. Through FreightNYC, the City of New York is developing numerous initiatives and programs to ensure that the local industry thrives in the modern economy. Read the report to learn more about how freight affects New York City and how it can be modernized through job creation, modernizing the infrastructure, and reducing shipping costs.
The Cybersecurity Ecosystem in New York City
Global spending on cybersecurity is skyrocketing amid increasingly frequent and damaging attacks. As home to more Fortune 500 companies than any other US city, as well as other major customers of cybersecurity services, and with an unrivaled workforce, New York City has all of the elements to be a hub for cybersecurity innovation. Through Cyber NYC, the City of New York is investing in strengthening the local cybersecurity community, growing the diverse talent pool of New Yorkers, and encouraging innovation. Download the report, and learn more about how New York City will be a leader in the future of cybersecurity.
Advanced Manufacturing - Powering New York
Advanced manufacturing is driving the creation of good jobs across the city. To capitalize on this opportunity, and to prepare the city’s workforce to meet the demand, the City of New York is launching new initaitives from its business growth program, Futureworks NYC, that focus on five key areas of the local manufacturing ecosystem. Download the report, and learn more about New York City's manufacturing renaissance.
The VR/AR Revolution
Virtual reality (VR) offers the user a digitally rendered, simulated experience of the physical world by utilizing specialized equipment, such as goggles and sensor-equipped gloves. Augmented reality (AR) provides the user with computer-enhanced views of the physical world by overlaying digital content on top of reality. Innovations in VR/AR will make a transformative impact across numerous sectors, including anchor industries in New York City such as healthcare, real estate, and the cultural sector. Download the report to learn more about this emerging hotbed of innovation in New York City, including local industry data, opportunities for growth, and upcoming initiatives.
NYCEDC was also joined by Kurt Becker, Vice Dean for Research, Innovation and Entrepreneurship at the New York University Tandon School of Engineering, to discuss his thoughts on VR/AR technology, innovation, and what it means for New York City.
To stay informed of future New York Works Industry Spotlight publications, or for other data and information, sign up to receive NYCEDC announcements and the monthly Economic Snapshot.