These 33 Must-Know Facts About Women In Tech May Take You By Surprise

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Ebay, Apple, LinkedIn, Google, Microsoft, Yahoo!, Facebook, and Twitter. These are the 8 largest technology companies in the world, and in 2015 they’re finally beginning to recognise women for their contributions to the industry. Data from Coupofy’s new infographic reveals that these leading firms are hiring women at a rate 238% faster than men!

Let’s take a closer look at the landscape of women in tech.

20% of all tech startups across the world are now founded by women, with the US alone at 18%. Chicago and Boston in particular have fostered a successful female tech community, with 30% and 29% of all their startups created by women, while Silicon Valley itself hovers around 24%.

Interestingly 32% of all women who leave company positions in tech, end up either joining a new startup or going self-employed. This raises the question, why do women feel the need to go at it alone or start from scratch instead of sticking it out with established firms?

women-in-tech-chicago

Surveys reveal 30% of those who quit such jobs do so due to low pay, long hours keeping them from their family, and the feeling that they cannot progress to the top positions in the company. However with the top 8 tech companies leading the charge, this is slowly beginning to change.

A closer look reveals HP, IBM, Yahoo!, and YouTube now all have women as their CEOs, while Facebook has a female COO. Furthermore companies outside of the core tech industry are also hiring women for tech related positions. 17.4% of the whole Fortune 500 companies now have female Chief Information Officers, including 6 of the top 15.

Some believe there is still a way to go before men and women are on a level playing field. Because of this some venture capital firms and angel investors have taken the radical stance of only funding startups that are founded by women in order to even the odds. These include the likes of Belle Capital, Forerunner Ventures, Aligned Partners, and Built By Girls.

Not everyone needs a helping hand however, some women have already reached the top of the heap and are inspiring others to do the same. Take Zhou Qunfei who founded Hong Kong based company touchscreen manufacturer Lens Technology. She is now the richest female self-made tech billionaire, with a net worth of $7.5 billion. Not far behind is Denise Coates, founder of online gambling site bet365 ($2.9 billion) and Judy Faulkner who founded healthcare software company Epic, earning her a net worth of $2.6 billion.

Zhou-Qunfei

The top technology venture capitalist in 2015 and in fact the top venture capitalist overall, is named Jenny Lee of GGV Capital. She is the first woman to ever get this distinction as ranked by Forbes. Women now make up 7% of the 100 richest tech billionaires.

With leading firms inside tech and outside tech hiring women to top tech positions, and billionaire female founders and investors in tech firms, perhaps it’s only a matter of time before icons like Bill Gates or Steve Jobs are replaced by female equivalents.

Of course, there is still a long way to go until women reach equality alongside men in the tech industry, but these figures show growth is happening, albeit slowly. We constantly hear and read diversity reports that share figures pointing to the low amount of women in certain roles, but it is also important to acknowledge the important strides being made in order to inspire the next generation of female tech moguls in their journeys.

For more facts about the current tech landscape for women, take a look at this new infographic below:

women-in-tech-infographic

 

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