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Katie LallyLally_Katie

Owner & Chief Revenue Officer, SimuTech Group, Inc.

Years in current role: 2

What do you enjoy most about your role?

At SimuTech I am surrounded by incredibly intelligent people, particularly our engineers, so I’m constantly learning new things. We partner with the world’s leading engineering simulation software company, Ansys, so we represent the best there is to offer. Ansys software and our services allow us to help our customers develop life-changing products that are truly making a difference in the world. So what do I enjoy most about my role? I get the privilege of being a leader at a company with tons of smart employees, work with best-in-class technology and get to truly make a difference in the world along-side our customers!

What has been the biggest challenge you’ve dealt with over the past year?

All companies developing or using new technology are in need of Electrical Engineers based on where the world is headed. They are essential to our business, as all products are becoming smart and connected, so they are in high demand across the industry! Hiring and retaining them as a result has proven difficult. They are highly sought-after, so they’re difficult to find and they come with a high price tag as so many companies need them. Once on board they are often poached by other companies that are in need as well. As a result, we are constantly evaluating what we can do to find and retain these talented engineers!

What has been your organization’s biggest success over the past year?

Our biggest success over the last year has been navigating growing pains as a company. On average, our annual headcount growth rate has been 13% since 2017, and we’re not slowing down. As we continue to grow both in size and revenue, we have to constantly evaluate what’s working and what’s not, make appropriate changes and try new things. Over the last year in particular we added several new key roles as well as a Director level at our company in order to meet organizational and personnel needs. A key focus as we navigate our growth has been to maintain our precious company culture, which I believe we are effectively doing!

What do you see as the biggest changes in the technology industry over the next year?

This profile is part of Rochester Business Journal's Power 50 Technology list for 2022. Information used in this profile was sourced from the honoree. View the full list at rbj.net.

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