Technology Industry in Arizona Continues Its Growth, According to CompTIA’s Cyberstates 2019 Report

“CompTIA’s annual Cyberstates report validates the excitement and momentum that we witness every day in Arizona’s technology sector,” said Steve Zylstra, the Council’s president and CEO. “Our state’s advocates and leaders have worked hard to create an environment for large technology firms and startups to thrive. These efforts have resulted in significant technology talent growth, higher wages and a large economic impact.”

The report also identified data for the top technology cities in the nation. Key findings for Phoenix’s technology community include:

• Ranked 15^th among major technology cities in net technology employment
• Ranked 19^th among major technology cities in economic impact
• Added 4,044 technology jobs from 2017 to 2018
• Experienced a 184 percent increase in emerging technology job postings
• Recorded employment increases of at least 2.8 percent in the technology industry sectors of telecommunications and Internet services, software (packaged), and IT services and custom software services

The Council plays a leading role in advocating on behalf of its membership for policies that propel success and sustainability in the technology industry. Recent public policy initiatives have contributed significantly to the state’s overall technology growth, including:

• Recapitalization of the Angel Investor Tax Credit
• Extension and continued expansion of the R&D Tax Credit program until 2021
• Ongoing efforts to improve STEM education funding, programs and curriculum
• Support for legislation that enhances Association Health Plans in order to provide small business with better access to flexible and affordable healthcare

Cyberstates 2019 is based on CompTIA’s analysis of data from the U.S. Bureau of Labor Statistics, the U.S. Bureau of Economic Analysis, Emsi and other sources. The complete report with full national, state and metropolitan level data is available at http://www.cyberstates.org/.

About the Arizona Technology Council

The Arizona Technology Council 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.

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