Arizona Technology Industry Impact Report 2021 Q1
A Message from the Arizona Technology Council President + CEO
There are three highlights I’m particularly excited about:
Elizabeth Oviedo began her career at Symmetry Software in 2012 as the Marketing Director and served as the Chief Strategy Officer (CSO) for five years before moving into the CEO role, becoming the company’s first female CEO and the second CEO only in over 37 years in business. As CSO Oviedo lead the company through a rapid phase of new product development and business growth.
In this edition of the Tech Focus Member Spotlight, Carol Stewart, Associate Vice President for Tech Parks Arizona at the University of Arizona, discusses the role and impact of the Tech Parks and recent progress made at the University of Arizona Center for Innovation (UACI) and the UA Tech Park at The Bridges. In her role, Stewart leads the Tech Parks economic development initiatives focused and aligned with the specializations at the University.
Microsoft has launched a new data center region in Arizona, consisting of three facilities to support redundancy in the cloud services being delivered. The West US 3 region was established to take advantage of “abundant solar energy” and the availability of land in the state, said Microsoft.
The three facilities are located in the cities of Goodyear (pictured) and El Mirage and the outer Phoenix area. Banner Health, the State of Arizona and Teradata are some of the early customers of the West US 3 region.
Read more on the AZTC blog.
Phoenix has evolved into a hotbed for innovation. To showcase how startups are powering the Valley’s economy, Az Business has compiled a list of 25 Phoenix startups to watch 2021. Here are five; click the link below to see all 25.
EnPower: Battery technology company focused on developing scalable, engineering-based innovations to unlock the full potential of lithium-ion.
eVisit: Telehealth SaaS leader helping hospitals and health systems deliver end-to-end virtual care from scheduling and intake to the visit itself, e-prescribe, discharge and more.
PowerGrow: Greenhouses are made with thermal energy storage applications that improve growing performance while using 95 percent less water than standard outdoor farming.
Qwick: Connects food and beverage professional who want on-demand work with businesses who need them.
Solera Health: Integrates highly fragmented programs and services into one high-access, lower cost network to prevent and manage chronic health conditions paid through medical claims.
Read more on the AZTC blog.
Stackhouse, a local startup revolutionizing the real estate business, aims to change how people own and finance a home. Stackhouse has steadily progressed their business which builds urban residential towers engineered to lift mobile, container-homes in and out enabling home ownership, community, and mobility in downtown cores. The business model provides owners with housing that is highly mobile and allows homeowners the freedom to go where life takes them.
Stackhouse is founded by a biracial Black woman Janelle Briggs, Ph.D. and her partner Ryan Egan. They sought business development support and joined the UA Center for Innovation last year. After teaming up, UACI offered Stackhouse customized business support as well as access to the people, programming, and places needed to scale their business. Stackhouse has worked with UACI through a 27-point roadmap that helped them refine their business plan, identify a target market, and much more.
Read more on the AZTC blog.
Individuals looking to jumpstart careers in the growing fields of data science, software engineering, and website and app design, are now able to take advantage of a new online training program through Arizona State University and Chegg, Inc.’s career accelerator, Thinkful. Learners who enroll in one of the training programs can choose to study either full-time or part time and complete in 5-6 months. This program is launching at a time when companies continue to face an ongoing shortage in tech talent, a trend that is only expected to grow as advancements in technology accelerate. The partnership and project is one of many designed and implemented by ASU’s Learning Enterprise, a newly created initiative aimed at increasing social and economic opportunity for individuals at every stage of life outside of traditional undergraduate and graduate degree programs.
Read more here.
SGNT, a University of Arizona Center for Innovation (UACI) startup, has received a $749,000 Small Business Innovation Research (SBIR) grant through the National Science Foundation (NSF).
“The SGNT team is in awe of the support from so many organizations and individuals: UACI, Tucson’s business community and the NSF,” says CEO Emil Tremblay. “We’re trying to solve a trillion-dollar product counterfeiting problem and we can’t do that alone.”
UACI is a startup incubator network with outposts across Southern Arizona and a mission to grow scalable science and technology startup ventures that fuel the Arizona economy. For nearly two decades, the program has directly served more than 140 companies and impacted thousands of entrepreneurs.
In a separate competition, uPetsia was named the winning startup for the UACI-sponsored launch fueled by an Oro Valley Chamber of Commerce contest.
Read more on the AZTC blog.
There’s no disputing it: Arizona is on a trajectory to be a—if not the—prime technology hub of the nation.
Helping the state reach this achievement have been investors showing they believe in what startups and others in Arizona have created to improve our lives. Encouraging many of these financial backers to get involved has been a program credited with generating more than $840 million in seed capital, venture capital and other financing.
The Legislature has the opportunity to do the right thing by recognizing the economic engine this program has been proven to be and voting to extend the angel investor tax credits for another 10 years. This is an investment in Arizona’s future, not only for the state’s startup community but also for taxpayers here and future generations of entrepreneurs.
Read more on the AZTC blog.
The Arizona Technology Council (AZTC) is Arizona’s premier trade association for science and technology companies. Recognized as having a diverse professional business community, Council members work towards furthering the advancement of technology in Arizona through leadership, education, legislation and social action. The Council offers numerous events, educational forums and business conferences that bring together leaders, visionaries, and community members to make an impact on the technology industry. These interactions contribute to the Council’s culture of growing member businesses and transforming technology in Arizona. To become a member or to learn more about the Arizona Technology Council, please visit www.aztechcouncil.org and follow AZTC on Twitter at @aztechcouncil.
Data
METHODOLOGY
This report includes totalling 0 data points from 13 measures, collected from 1 public sources (described below). We also estimated 0 data points based on our estimation and projection methodology.
Some of the summary data included in the report may not include suppressed data. Data suppression occurs in cases where private, identifying information would be disclosed. In most cases, this does not impact the total values presented in the report, but in cases where there are small industries or areas, data suppressions may reduce the accuracy of the data we can display.
SOURCES
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Quarterly Census of Employment and Wages
Website: https://www.bls.gov/cew/
Data Year:The Quarterly Census of Employment and Wages (QCEW) program publishes a quarterly count of employment and wages reported by employers covering more than 95 percent of U.S. jobs, available at the county, MSA, state and national levels by industry.
Measures
Total Annual Wages, Taxable Annual Wages, Firms, Employment Level, Annual Contributions, Employment Growth (YoY Change), Firms (YoY Change), Wage Growth (YoY Change), Yearly Pay Growth (YoY Change), Average Industry Pay, Employment vs US Average, Wages vs US Average, Yearly Pay vs US Average
Populations
2131 - Support Activities for Mining, 2211 - Electric Power Generation, Transmission and Distribution, 3252 - Resin, Synthetic Rubber, and Artificial Synthetic Fibers and Filaments Manufacturing, 3261 - Plastics Product Manufacturing, 3313 - Alumina and Aluminum Production and Processing, 3314 - Nonferrous Metal (except Aluminum) Production and Processing, 3327 - Machine Shops; Turned Product; and Screw, Nut, and Bolt Manufacturing, 33299 - All Other Fabricated Metal Product Manufacturing, 33312 - Construction Machinery Manufacturing, 3332 - Industrial Machinery Manufacturing, 3333 - Commercial and Service Industry Machinery Manufacturing, 3336 - Engine, Turbine, and Power Transmission Equipment Manufacturing, 333613 - Mechanical Power Transmission Equipment Manufacturing, 3339 - Other General Purpose Machinery Manufacturing, 3341 - Computer and Peripheral Equipment Manufacturing, 3342 - Communications Equipment Manufacturing, 3343 - Audio and Video Equipment Manufacturing, 3344 - Semiconductor and Other Electronic Component Manufacturing, 3345 - Navigational, Measuring, Electromedical, and Control Instruments Manufacturing, 3346 - Manufacturing and Reproducing Magnetic and Optical Media, 3353 - Electrical Equipment Manufacturing, 3359 - Other Electrical Equipment and Component Manufacturing, 3363 - Motor Vehicle Parts Manufacturing, 3364 - Aerospace Product and Parts Manufacturing, 336992 - Military Armored Vehicle, Tank, and Tank Component Manufacturing, 3391 - Medical Equipment and Supplies Manufacturing, 42343 - Computer and Computer Peripheral Equipment and Software Merchant Wholesalers, 5112 - Software Publishers, 5152 - Cable and Other Subscription Programming, 517 - Telecommunications, 518 - Data Processing, Hosting, and Related Services, 51913 - Internet Publishing and Broadcasting and Web Search Portals, 5415 - Computer Systems Design and Related Services, 5417 - Scientific Research and Development Services, 61142 - Computer Training