Growth of M&S in Hampton Roads
Download
1 / 13

Modeling and Simulation in Virginia: $2.3 billion industry 8,700 employees - PowerPoint PPT Presentation


  • 112 Views
  • Uploaded on

Growth of M&S in Hampton Roads Commonwealth / Regional Overview Hampton Roads M&S Strategy Industry, Government & Academic Partnerships Key Initiatives Mike McGinnis VMASC Old Dominion University. Modeling and Simulation in Virginia: $2.3 billion industry 8,700 employees

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about ' Modeling and Simulation in Virginia: $2.3 billion industry 8,700 employees' - adanna


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript

Growth of M&S in Hampton RoadsCommonwealth / Regional Overview Hampton Roads M&S StrategyIndustry, Government & Academic PartnershipsKey InitiativesMike McGinnisVMASCOld Dominion University


Modeling and Simulation in Virginia:

$2.3 billion industry

8,700 employees

130 companies with 209 office locations


M s focus in hampton roads r d and applications

M&S Focus in Hampton Roads: R&D and Applications


Assess the economic impact of m s hr
Assess the Economic Impact of M&S (HR)

Factor 2004 2007 % Change

2004 - REMI Model Version 5.5

Total Output $412.9M $639.5M +54.9%

Regional Product $248.0M $408.1M +64.4%

Employment 4,023 5,092 +26.6%

Average Salary $60.2k $82.7k

2007- REMI Model Version 8.0

Total Output $258.4M $364.6M +41.1%

Regional Product $167.3M $237.8M +42.1%

Employment 3,524 4,420 +25.4%

Average Salary $60.2k $82.7k

  • 2004 – REMI Ver. 5.5 – Standard Industrial Classification (SIC) codes.

  • 2007 – REMI Ver. 8.0 – North American Industrial ClassificationSystem (NAICS)

  • Direct comparison (2004 vs 2007) not possible - industry classifications do not match

  • Neither SIC or NAICS specify M&S as unique professional category.

  • Significant M&S growth & economic impact in non-DoD sectors – but its hard to measure it in new markets w/o a M&S category code.


Suffolk the hr m s center of mass
Suffolk: The HR M&S Center of Mass

  • Industry R&D Centers & Labs

    • Lockheed Martin

    • Raytheon

    • Boeing

    • SAIC

    • Northrop Grumman

    • General Dynamics

    • Alion

    • CSC

  • VMASC Highlights – 60K SF

    • 8,000 SF Experimentation Lab

    • 3,000 SF Conf / Visualization Room

    • 2,500 SF of Additional Meeting Space

    • Secure Enclave

    • Lambda Rail Hub - 10 GHZ per sec)

    • < 2 miles from USJFCOM

Old Location

New VMASC Location


Grow odu m s academic programs
Grow ODU M&S Academic Programs

  • 2 M&S Area of Emphasis – 6-8 courses

    • Psychology

    • Education

  • 6 Certificate Pgms. (minor) – 4-6 courses

    • Mathematics, physics, computer science, health sciences, business, international studies (social sciences)

  • 3 universities offer M&S graduate degrees: NPS, UCF, ODU

  • ODU/VMASC Grad Pgm

    • Masters AY1998 (MS & ME)

    • Ph.D. AY2000

    • All courses offered via DL

  • AY2010 - ODU to offer Nation’s 1st undergrad M&S program


M s collaboration
M&S Collaboration

M&S Industry Association

  • General Membership

  • Board of Advisors (9-12)

  • Committees (legislative affairs, business development, etc)

  • ROI – funds, technologies, teaming and partnering on contacts/projects

  • Networking, Relationship Building, Communicating, Informing, Marketing

  • Government & Academic Partnership

  • VMASC provides forum & facilitates

  • Invited leaders from across M&S disciplines/sectors

    • Academic (HR, VA, national, military academies, intl)

    • Government (international, federal, state, local)

    • Political Sector (federal, state, local)

  • Strategic partners – individual & organization who are important to both VMASC & industry members,

  • Member ROI - affiliation, information, connections, contacts, M&S Growth

  • Structure: Executive Advisory Council (9-15) plus committees




ad