What factors matter in building a regional technology economy? Two main factors are a critical mass of related businesses and world-class research universities. But just as important are informal networks composed of peers that support learning and entrepreneurship.
One prominent example of such an informal network is MinneAnalytics, a Minnesota-based nonprofit focused on analytics conferences and smaller events. Founded by several midlevel corporate executives, MinneAnalytics puts on four to six major conferences a year, and many smaller events (directly or in partnership with other community organizations).
Examples of the larger conferences, routinely drawing over 1,000 attendants, are:
• Halicon (Healthcare Data Science & Emerging Tech Conference), focused on a particular strength of the Minnesota economy: health care.
• FarCon (Financial, Retail and Marketing Analytics Conference), focused on three of the major industry verticals and how analytics is being leveraged.
• Data Tech, focused across industries on artificial intelligence, machine learning, deep learning, neuro-linguistic programming, robotic process automation and other advanced analytic disciplines.
• SportCon, which explores the many ways in which data-driven decisionmaking is playing a major role in sports.
Several attributes make MinneAnalytics unusual — it is free to all attendants (costs are covered by corporate sponsors) and the speakers are national in caliber. Attending an event feels more like going to a conference in Orlando or Las Vegas than a local get-together. (Full disclosure: I have spoken several times at MinneAnalytics events and played an informal role in planning others.)