Theme-Logo Arizona Technology Industry Impact Report 2022 Q3

A Message from the Arizona Technology Council President + CEO

With 2022 coming to a close, the latest Arizona Technology Industry Impact Report highlights achievements while also identifying areas for improvement in the new year. They include:

1) Arizona ranks 12th in the U.S. for employee diversity in the technology industry. In fact, the state’s demographic breakdown for the industry is 62% white, 21% Hispanic or Latino, 10% Asian, 5% Black or African American and 3% identifying as Other.

2) Although technology job postings dropped 18% during the third quarter to reflect the cooling job market, they still were higher than the same period.

3) There continues to be a large opportunity to increase the number of graduates who earn degrees in science and engineering, as Arizona remains nearly 25% below the national average.

But these takeaways are just pieces of the puzzle. Look below to find inspirational stories that bring the numbers to life and illustrate the powerful impact of Arizona’s technology industry.

Note: The technology sector jobs data in this dashboard are sourced from Lightcast, representing estimates of the trailing four quarters for the given reporting period. Emsi's model uses the most recent four quarters of BLS data to produce these estimations, allowing us to publish data approximately six months in advance of official BLS releases. 


Tech jobs


Job growth over past year


Total Industry Wages


Growth in total wages over past year

Behind the Numbers: AZ Tech Careers

There are tech jobs in AZ available for every career level and there are many different pathways into the industry, from a 4-year college degree or advanced degree, to a certificate from a training provider, to apprenticeships.

TGen names Kevin Campbell chief information officer

The Translational Genomics Research Institute (TGen), part of City of Hope, announced the appointment of industry veteran Kevin Campbell to chief information officer. Campbell will oversee the design, development and implementation of infrastructure systems, software applications and IT support. He also will work to identify emerging technologies to be adopted by TGen that support the research and business objectives of the institute. Campbell joined TGen in 2003 to work closely with its faculty and the scientific community in enabling and accelerating research and discovery. He was a key driver of the team that designed and built two supercomputer systems for TGen that placed in the top 100 most powerful supercomputers in the world. READ MORE HERE >>

TechFocus member spotlight: Tom Smelker, VP and GM of microsystems for Mercury Systems

Connect with Mercury Systems and Tom Smelker, vice president and general manager of microsystems. A Defense Microelectronics Activity-accredited manufacturer, Mercury delivers mission-critical products and solutions to advanced applications deployed across land, sea, air, space and cyberspace domains. Mercury’s purpose (Innovation That Matters®) inspires its ongoing technological development in support of its global customer base, ranging from defense prime contractors and government agencies to commercial companies in aerospace, technology and other industries. Highly sophisticated sensor solutions are defining the next generation of defense — sensors at the edge — and Mercury continues to deliver trusted, secure open architecture processing solutions powering a broad range of mission-critical applications for challenging environments. READ MORE HERE >>

Spotlight on Diversity & Inclusion

Annual data updates

BestCompanies AZ guest post: The benefits of cultural diversity in the workplace

Organizations are increasingly seeking to diversify their workforces to tap into the many benefits of cultural diversity. A more diverse workforce can bring numerous advantages, including improved social awareness, creativity and productivity. Diversity also can help organizations better understand and serve their customers. With a more diverse workforce, a business can more effectively communicate with customers from various backgrounds. In addition, the workforce can help better understand the needs of customers and develop products and services that meet those needs. READ MORE HERE >>

TechFocus member spotlight: Khalid Al-Maskari, founder and CEO, Health Information Management Systems (HiMS)

Did anything positive come out of the global COVID-19 pandemic? According to Health Information Management Systems (HiMS), a company committed to transforming the integrated health care experience, the constraints of the pandemic helped accelerate the implementation and deployment of telehealth options for health care providers and patients globally. Since then, health care communities have continued to embrace the power of technology to utilize digital care tools for integrated health solutions. CEO and founder Khalid Al-Maskari rapidly grew HiMS from a single Tucson-based customer to a multi-state enterprise. HiMS innovative solutions aim to improve the quality of the health care experience for both the patient and the provider. READ MORE HERE >>

Spotlight on Economic Impact

Annual data updates

Tech Industry Job Multiplier (direct, indirect, induced)

For every...
 jobs added in the tech industry, 603 new jobs are created in other industries.

Spotlight on Tech Jobs in AZ versus Other States

Annual data updates




YoY Growth

Behind the Numbers: AZ Tech Companies

Why Array Technologies stock is soaring today: 'Relentless focus on operational execution'

Array Technologies shares are trading higher after the company reported better-than-expected financial results and issued guidance. Array reported second-quarter revenue jumped 116% year-over-year to $424.9 million, which beat the estimate of $336.93 million, according to Benzinga Pro. The solar company reported quarterly adjusted earnings of 9 cents per share, which beat the estimate of 3 cents per share. Array expects third-quarter revenue to be between $1.3 billion and $1.5 billion versus the estimate of $1.4 billion. READ MORE HERE >>

ZorroSign launches new user interface bringing best user experience to digital signatures

ZorroSign, a global leader in blockchain-based digital signature solutions, announced the launch of its next generation platform: an upgraded ZorroSign user experience and user interface with new features, security, compliance and system updates. The company’s goal is to ensure the ZorroSign application’s look and feel are the most intuitive and user-friendly digital signature experience available. READ MORE HERE >>

Spotlight on Supply Chain

Annual data updates


of Arizona's population has at least a high school diploma


of Arizona's population has at least a Bachelor's degree

Career development platform becoming hub to connect job seekers with employment

Pipeline AZ, an Arizona career development and job skills exploration platform, is celebrating the milestone of surpassing 50,000 registered users. Pipeline AZ users have been able to use the platform’s skills mapping technology to help job seekers begin a new path, level-up in their existing careers, explore work or work-based learning opportunities, and discover new passions that change their career trajectory. READ MORE HERE >>

August 2022 AZ TechCast: Building the pipeline of STEM talent for tomorrow's workforce needs

The August 2022 episode of the Arizona Technology Council’s AZTechCast podcast featured experts including Julie Bonner, director of communications at FreeFall Aerospace; Claire Conway, Arizona STEM ecosystem programs manager at SciTech Institute; and Betsy Hargrove, superintendent of the Avondale Elementary School District. These leaders joined Karen Nowicki, president and owner of Phoenix Business RadioX, and Steve Zylstra, president and CEO of the Council and SciTech Institute, in discussing the importance of STEM education in building the pipeline of technology talent for today and tomorrow’s workforce needs. READ MORE HERE >>


Venture Capital invested in 2021


Change in VC funding from 2020

Behind the Numbers: Tech Investment in AZ

Annual data updates

Intel, semiconductor industry celebrate as Biden signs CHIPS Act into law

President Joe Biden recently signed the CHIPS and Science Act, cementing historic investment in domestic semiconductor manufacturing. The legislation was backed by industry, including Intel, one of Arizona’s largest private employers that is expanding its largest chip manufacturing plant, or fab, in Chandler. The company has more than 12,000 employees in Arizona and plans to increase that number by 3,000 when the expansion is complete. READ MORE HERE >>

New funding for bioscience program expansion at Maricopa County Community Colleges

Rep. Greg Stanton and Maricopa County Community College District (MCCCD) leaders gathered at the Center for Entrepreneurial Innovation LabForce to announce $1 million in federal community project funding for bioscience program development at the Maricopa Community Colleges. In April, MCCCD submitted to Stanton a proposal for funding to better serve the growing bioscience industry’s workforce needs. The funding was included in a House Labor, Health and Human Services, Education and Related Agencies appropriations bill. READ MORE HERE >>

Patents Awarded
R&D as a Percentage of GDP
State Comparison

Spotlight on Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) Awards

Annual data updates

Check out training opportunities and spotlights of past winners at the Arizona Commerce Authority's SBIR/STTR Resource Center

The AZ Tech Industry Impact Report is a product of eIMPACT, published by by the Arizona Technology Council .

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 and follow AZTC on Twitter at @aztechcouncil.