Wednesday, December 4, 2013
Silicon Valley not only techie paradise
Silicon Valley in Northern California gets the buzz, but it is no longer the fastest growing tech center.
Tech jobs are expanding all over this country, according to New Geography dot com. A guy named Mark Schill, research director at the Praxis Group, looked at job creation trends in 52 large metro areas.
The two with the most technology growth were not Silicon Valley. One was Austin-Round Rock-San Marcos, Texas, which has expanded employment by 41% since 2001, with STEM employees rising by 17%. Located there now: AMD, Cisco, HP, Intel, and Oracle.
The second is Raleigh-Cary, NC. There has been a 54.7% increase in tech sector employment since 2001, with a 24.6% increase in STEM employees. IBM, GSK, Syngenta, and Cisco are now located there.
Southern Silicon Valley--San Jose, Sunnyvale--was strong but is struggling to keep up the pace.
Seattle also may be a comer.
Actually, a lot of smaller places with lower living costs may grab a share--think Salt Lake City, Indianapolis, Baltimore, Denver, Kansas City, and Jacksonville, FL.
Phoenix is trying for Silicon City--does that count? Intel is down the road from me.