|By PR Newswire||
|April 24, 2014 01:30 PM EDT||
PHILADELPHIA, April 24, 2014 /PRNewswire-USNewswire/ -- Access to high-quality pre-k has both immediate and lasting economic benefits that extend far beyond the individual child, according to a new report from ReadyNation/America's Edge. The study, which was commissioned as a research element of the Pre-K for PA campaign, found that for every $1 dollar invested in pre-k, the state's economy would see $1.79 in spending and economic activity.
"If Pennsylvania funded pre-k for all 3- and 4-year-olds, that investment would generate $800 million in additional goods and services and create almost 28,000 new jobs," said Sara Watson, Ph. D., national director of ReadyNation/America's Edge.
In the five-county, Southeastern Pennsylvania region, the report projects an immediate economic boost for local businesses: a $340 million investment in pre-k would generate $609 million in new spending – including $269 million outside the early education sector –translating to over 9,500 jobs. The return on every dollar that Pennsylvania invests in early childhood programs is due to a "multiplier effect" that outpaces even the robust boost seen in seven out of nine other major business sectors studied, such as retail trade and manufacturing.
"For business leaders, this study shows that there is a double benefit from investing in pre-k," remarked Phil Peterson, co-chair of the business advisory committee of ReadyNation/America's Edge and a partner in the Radnor, PA office of AON. "We all know the long term benefits in reduced crime and social costs and increased employment and earning power, but this study shows that communities across Pennsylvania would see increased economic activity immediately as a result of expanding pre-k."
The report examined two potential economic scenarios to model the possible outcomes: first estimating the benefits if Pennsylvania fully funded its existing Pre-K Counts program to cover all children from families earning up to 300% of the federal poverty level; and next expanding access to all unserved 3- and 4-year-olds regardless of income.
"The benefits of investing in high quality pre-k go beyond even the significant impact demonstrated by the economic modeling," said Steve Wray, Executive Director of the Economy League of Greater Philadelphia. "We're in a competitive economy, and the future abilities of our workforce will be determined by skills developed in pre-kindergarten. 62% of job openings in Pennsylvania in the current decade will require some form of post-secondary education, and to remain competitive, businesses also need communicators, collaborators and critical thinkers."
"The Greater Philadelphia Chamber of Commerce supports early childhood education as an important first step in every child's development," noted Rob Wonderling, President and CEO of the Greater Philadelphia Chamber of Commerce. "We support strategic improvements and reforms in our education system to enhance our Commonwealth's economy and to provide a well-educated workforce for the 21st century. This study provides valuable information for policy-makers' consideration as they take steps to ensure Pennsylvania's public education system remains competitive and growing into the future."
"All children deserve access to a high-quality pre-k experience that prepares them to enter school ready to learn," Jill Michal, President and CEO of the United Way of Greater Philadelphia and Southern New Jersey explained. "Our goal is to provide lawmakers and candidates with good information that they can use as they develop the policies and strategies to invest in the future of both our children and the Commonwealth's economy. We look forward to continued engagement as we all work towards a better future for Pennsylvania and its children."
For more information on the need for and benefits of high-quality pre-k, please visit Pre-k for PA's website here.
ReadyNation/America's Edge is the nation's preeminent business leader organization working to strengthen business through better policies for children and youth. They educate policymakers and the public about effective investments that will help businesses compete in today's global marketplace, build a foundation for lasting economic security, and help children get on the right track to succeed in school and in life.
Pre-K for PA is an issue campaign supported by thousands of individuals and organizations across Pennsylvania who believe that investing in our children is the right choice and an urgent necessity. Our vision is that every 3- and 4-year-old in Pennsylvania will have access to high-quality pre-k. While the campaign neither endorses nor opposes candidates, it advocates on behalf of this vision for Pennsylvania's children, schools and communities.
SOURCE Pre-K for PA Campaign
Between the mockups and specs produced by analysts, and resulting applications built by developers, there exists a gulf where projects fail, costs spiral, and applications disappoint. Methodologies like Agile attempt to address this with intensified communication, with partial success but many limitations. In his session at @DevOpsSummit at 19th Cloud Expo, Charles Kendrick, CTO at Isomorphic Software, will present a revolutionary model enabled by new technologies. Learn how business and deve...
Oct. 26, 2016 09:30 AM EDT Reads: 1,451
In the 21st century, security on the Internet has become one of the most important issues. We hear more and more about cyber-attacks on the websites of large corporations, banks and even small businesses. When online we’re concerned not only for our own safety but also our privacy. We have to know that hackers usually start their preparation by investigating the private information of admins – the habits, interests, visited websites and so on. On the other hand, our own security is in danger bec...
Oct. 26, 2016 09:17 AM EDT Reads: 101
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will provide economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session will also include a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Oct. 26, 2016 09:15 AM EDT Reads: 2,048
DevOps is speeding towards the IT world like a freight train and the hype around it is deafening. There is no reason to be afraid of this change as it is the natural reaction to the agile movement that revolutionized development just a few years ago. By definition, DevOps is the natural alignment of IT performance to business profitability. The relevance of this has yet to be quantified but it has been suggested that the route to the CEO’s chair will come from the IT leaders that successfully ma...
Oct. 26, 2016 09:15 AM EDT Reads: 16,582
@ThingsExpo has been named the Top 5 Most Influential M2M Brand by Onalytica in the ‘Machine to Machine: Top 100 Influencers and Brands.' Onalytica analyzed the online debate on M2M by looking at over 85,000 tweets to provide the most influential individuals and brands that drive the discussion. According to Onalytica the "analysis showed a very engaged community with a lot of interactive tweets. The M2M discussion seems to be more fragmented and driven by some of the major brands present in the...
Oct. 26, 2016 07:30 AM EDT Reads: 11,522
The Internet of Things (IoT), in all its myriad manifestations, has great potential. Much of that potential comes from the evolving data management and analytic (DMA) technologies and processes that allow us to gain insight from all of the IoT data that can be generated and gathered. This potential may never be met as those data sets are tied to specific industry verticals and single markets, with no clear way to use IoT data and sensor analytics to fulfill the hype being given the IoT today.
Oct. 26, 2016 07:30 AM EDT Reads: 2,803
SYS-CON Events announced today that Interface Masters Technologies, a leader in Network Visibility and Uptime Solutions, will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Interface Masters Technologies is a leading vendor in the network monitoring and high speed networking markets. Based in the heart of Silicon Valley, Interface Masters' expertise lies in Gigabit, 10 Gigabit and 40 Gigabit Eth...
Oct. 26, 2016 06:45 AM EDT Reads: 3,395
As the world moves toward more DevOps and Microservices, application deployment to the cloud ought to become a lot simpler. The Microservices architecture, which is the basis of many new age distributed systems such as OpenStack, NetFlix and so on, is at the heart of Cloud Foundry - a complete developer-oriented Platform as a Service (PaaS) that is IaaS agnostic and supports vCloud, OpenStack and AWS. Serverless computing is revolutionizing computing. In his session at 19th Cloud Expo, Raghav...
Oct. 26, 2016 06:15 AM EDT Reads: 2,085
Fact: storage performance problems have only gotten more complicated, as applications not only have become largely virtualized, but also have moved to cloud-based infrastructures. Storage performance in virtualized environments isn’t just about IOPS anymore. Instead, you need to guarantee performance for individual VMs, helping applications maintain performance as the number of VMs continues to go up in real time. In his session at Cloud Expo, Dhiraj Sehgal, Product and Marketing at Tintri, wil...
Oct. 26, 2016 06:00 AM EDT Reads: 1,888
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
Oct. 26, 2016 06:00 AM EDT Reads: 2,052
As software becomes more and more complex, we, as software developers, have been splitting up our code into smaller and smaller components. This is also true for the environment in which we run our code: going from bare metal, to VMs to the modern-day Cloud Native world of containers, schedulers and microservices. While we have figured out how to run containerized applications in the cloud using schedulers, we've yet to come up with a good solution to bridge the gap between getting your conta...
Oct. 26, 2016 06:00 AM EDT Reads: 1,555
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Oct. 26, 2016 06:00 AM EDT Reads: 1,424
Enterprise IT has been in the era of Hybrid Cloud for some time now. But it seems most conversations about Hybrid are focused on integrating AWS, Microsoft Azure, or Google ECM into existing on-premises systems. Where is all the Private Cloud? What do technology providers need to do to make their offerings more compelling? How should enterprise IT executives and buyers define their focus, needs, and roadmap, and communicate that clearly to the providers?
Oct. 26, 2016 05:45 AM EDT Reads: 2,561
You have great SaaS business app ideas. You want to turn your idea quickly into a functional and engaging proof of concept. You need to be able to modify it to meet customers' needs, and you need to deliver a complete and secure SaaS application. How could you achieve all the above and yet avoid unforeseen IT requirements that add unnecessary cost and complexity? You also want your app to be responsive in any device at any time. In his session at 19th Cloud Expo, Mark Allen, General Manager of...
Oct. 26, 2016 05:30 AM EDT Reads: 1,025
SYS-CON Events announced today that Streamlyzer will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Streamlyzer is a powerful analytics for video streaming service that enables video streaming providers to monitor and analyze QoE (Quality-of-Experience) from end-user devices in real time.
Oct. 26, 2016 05:30 AM EDT Reads: 1,050