Explore Top Business intelligence Companies in Austin
App Maisters Inc. Verified Company
Austin, United States Head office in: United States
Trusted Digital Transformation Partner for Startups, Growing, Enterprise Companies & Government Agencies
Scio was founded in 2003 with the vision of helping others achieve their business objectives by leveraging digital technologies. Over the years we hav...
Digi Content Experts has a suite of digital services that provide solutions to your unique requirements.
Auto Detailing Marketing Agency| Hatzs Detailing
Digicorp helps startups and companies build meaningful and usable software products. Focused on design and engineering, our solutions outsmart the com...
The Venice Consulting Group is a web + mobile application development company focused on UX - the user's experience. The firm's core competency lies i...
Cutting edge technology doesn't have to be so complicated. CollectivePoint is committed to Keeping Software Simple! We are equally committed to helpin...
Improving lives with technology
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Austin: Tech Market Overview
Austin is probably the most attractive city in Texas for young IT professionals that seek a promising career in the industry. Also called Silicon Hills, Austin has known an increasing number of IT companies relocating or opening new offices. Some of the most prominent names speak for themselves: Google, Facebook, or Oracle are only a few to name from tech giants that have an interest in the talent pool from Austin.
Recently Apple announced that will invest $1bn USD, in offices in Austin, which makes the city a fast-developing tech hub in the country.
There are some 7000 professionals engaged in the High Tech industry working for SME, but the number is expected to grow with additional 15,000 IT professionals, according to Business Insider.
However, the overall number of employees in the Tech industry in 2017 was estimated to be around 138,000+, which makes 14.1% of the entire workforce in Austin. Compared to the national average - 7%, Austin has twice more.
Austin payroll in the tech industry reached $15,6bn, which is more than a quarter of the entire payroll of the Austin metropolitan area according to Austin Chamber.
This makes the IT industry a part of the city’s economic backbone, if not the most important part.
In 2017, in Austin were located over 6400+ IT companies, out of which only 309 were new startups in the year of the report.
All in all, Austin, considered as the Silicon Hills of the US, created a positive image as a tech hub and one of the most digitalized cities in Texas, and why not in the entire US. Since an increasing number of IT companies are attracted by this location, and taking into consideration the talent pool, Austin could become.