The Arizona Technology Council’s quarterly Arizona Technology Industry Impact Report shows that in Q4 2019, tech jobs increased by almost 15,000 jobs, wages increased by $2 billion and average pay increased by a little over $3,000 compared to the year-earlier period, said Steve Zylstra, the president and CEO of the Tech Council. The report, released this month, shows that Arizona’s technology jobs are growing 2.1 times faster as compared to the U.S. overall.
One of the largest venture capital-backed tech companies in Wisconsin is moving its headquarters to Scottsdale. Fasetto Inc., the Superior, Wisconson-based company that developed Forum, a software that allows people to share and join business presentations from anywhere if they have a Wi-Fi-enabled mobile device, is moving to tap into Arizona’s software developer pool.
BD Peripheral Intervention has leased four of six floors in the building recently completed at the Innovation, Discovery, Education and Arts campus, which encompasses about 18 acres west of the Tempe Center for the Arts on Rio Salado Parkway east of Priest Drive in Tempe.
Williamson said he plans to hire at least 40 people this year for various positions, including roles in regulatory, research and development, clinical trials and marketing. Of the company’s 650 employees across Arizona, 450 will be based at the IDEA campus.
TTEC Holdings — which has two operations centers in Tempe and one in Phoenix — is looking to hire 145 customer service and sales representatives including for B2B and online marketing. Colorado-based TTEC (Nasdaq: TTEC) is a digital customer service and technology firm. It has landed operations hubs at the Hayden Ferry development in downtown Tempe, near Hardy Drive and Elliot Road in Tempe and off Interstate 17 and Bell Road in Phoenix.
Arizona Isotope Science Research Corp. is preparing to begin construction on a facility in Goodyear to manufacture isotopes that will allow medical professionals to clearly see abnormal blood flow in patients with cardiovascular conditions and cancer.
Microsoft Corp. has paid $37 million for another 147 acres of land in Goodyear, according to real estate database Vizzda. It’s the second land acquisition by the technology giant in the West Valley city within the past 9 months. The new parcel, located north of Interstate 10, is vacant with no adjacent development. The tech giant bought the land from DRI FR GOODYEAR LLC. It is located in a planned area development called PV303 West III.
The Goodyear City Council unanimously approved a development agreement that will allow Microsoft to begin construction on two buildings in a planned “five-building technology center.”
The tech giant owns 279 acres south of Interstate 10 near the Phoenix Goodyear Airport.
“We’re very excited and very proud,” Goodyear Mayor Georgia Lord said after Monday’s vote. “This is a real big move for us.”
Lord told The Arizona Republic that she’s hopeful that Microsoft’s announcement will bring more tech companies to the suburb that has steadily expanded its industry in recent years.
“The name spells confidence,” she said.
The deal, which closed on Monday, includes Galvanize’s campus in downtown Austin in the Northshore building at Second and Nueces and seven other campuses across the country.
In the deal, K12 gets Denver-based Galvanize’s management, brand recognition, network of alumni, Galvanize campuses and programs in data science and software development, said Nate Davis, Chief Executive Officer and Chairman of K12’s Board of Directors, during the company’s earnings call Monday afternoon.
K12 expects Galvanize to contribute $50 million in revenue this year, Davis said. K12 had more than $1 billion in revenue in 2019.
A handful of Silicon Valley companies are relocating or expanding their presence in Tempe.
The city, especially the area around Tempe Town Lake, has become a magnet for technology companies, financial institutions and cybersecurity firms from northern California.
Tempe, in particular, is attractive because of its central location in the Valley, access to the airport, and educated population, officials say.
Mayor Mark Mitchell, in a written statement, attributed the influx to “the availability of a highly trained workforce, a lower cost of doing business and a tremendous quality of life.”
As we embark upon a new decade, it’s hard to miss the technological advances happening all around us. Arizona in 2020 is a state ripe with investment in cutting-edge technology, one where entrepreneurship is thriving and the breakthroughs of tomorrow are happening right in our own backyard.
Arizona’s autonomous vehicle sector is a prime example of how our state has positioned itself to be on the leading edge of the future. After all, it’s where The New York Times said “self-driving cars go to learn.”
While it’s easy to imagine a future zipping around the state in driverless cars, what hasn’t been simple is measuring the actual economic impact of this future for our state. But economist Jim Rounds crunched the numbers and recently released a report for the Arizona Chamber Foundation on the various models and assumptions for Arizona. One thing they all point to? By leading other states, Arizona is poised to reap a disproportionate share of the billions in economic growth and investment this new industry will bring.
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