CBRE Report Shows Phoenix Has Improved Tech Talent
Thanks to a tech talent labor pool that beat the national average, Phoenix moved up two spots to No. 15 on CBRE’s Tech Talent Scorecard, part of the commercial real estate services and investment firm’s Sixth Annual Scoring Tech Talent Report that ranks 50 U.S. and Canadian markets.
Tech labor concentration — the percentage of total employment — is an influential factor in how “tech-centric” the market is and its growth potential. Phoenix has a tech talent labor pool of 83,930, or four percent of its total employment, compared to the national average of 3.5 percent.
Phoenix also stood out in the report:
- As a tech-job creator, adding 12,650 tech jobs during 2012-2017 — more jobs than well-known tech hubs like San Diego; Austin; Washington, D.C.; and Boston.
- By adding 24,718 tech degrees between 2012 and 2016 — the ninth highest total of the 50 markets.
- By producing more tech graduates than jobs, making it a great market for expanding tech companies.
Acquisitions Announced for Three Member Companies
Hexagon Mining has purchased Guardvant, a provider of technologies that help mines improve operator performance, create a more productive work environment and protect assets. More than 30,000 mining vehicles worldwide are equipped with Hexagon’s collision avoidance system, which the company integrates with its solutions for fleet management, personal protection, vehicle intervention, fatigue monitoring and tracking radar. Both companies are based in Tucson.
Tucson-based EOITech, whose product portfolio ranges from X-ray cameras to Raman- based sensor suites and provides services related to imaging sensors, has been acquired by Florida-based Salvo Technologies, a technology-based holding company. EOITech will operate as a fully owned division of Salvo Technologies.
Technology workforce educator Galvanize is acquiring San Francisco-based Hack Reactor, an operator of immersive coding programs, to create one of the largest independent accelerated learning providers. By early 2019, Galvanize officials expect its Phoenix campus to be adding the Hack Reactor program, bringing additional resources to Galvanize in software engineering and enterprise training. Read more about the Galvanize merger here.
PADT Opens 3D Printing Factory
Temp-based Phoenix Analysis and Design Technologies (PADT) has launched its Digital Manufacturing Facility, the Southwest’s first true “3D printing factory” with the ability to create cost-effective, quality parts in volumes of 2,000 to 5,000 in about a week.
PADT’s on-demand manufacturing is backed by in-house product development, inspection, simulation and injecting molding expertise. Also, its computer numeric control machining lets the company complete any critical feature creation on-site without delays.
The Digital Manufacturing Facility features Carbon’s Digital Light Synthesisä technology, which uses digital light projection, oxygen permeable optics, and programmable liquid resins to produce parts with excellent mechanical properties, resolution and surface finish.
Aspect’s 2018 Agent Experience Index: Gig Economy
Forty percent of customer service agents surveyed would be interested in pursuing an on-demand job, with 51 percent of Young Millennials/GenZ expressing interest.
Factors influencing the majority of the agents favoring on-demand employment include:
- It would provide a work/life balance that they can control.
- They would be able to just focus on work and not worry about job stability.
- Such work would be compelling for the ability to make extra income
CEI Gateway Launches Program for Tech Entrepreneurs
Applications are being accepted until Aug. 31 for the Center for Entrepreneurial Innovation’s third Mastermind Learning course VentureStack, a yearlong program that begins Sept. 6 at Gateway Community College in Phoenix.
VentureStack is designed for local tech entrepreneurs who are in-revenue, would benefit from ongoing peer mentorship, and are seeking to scale their sales to at least $1 million. The program offers a confidential space to share business problems and gain feedback from those who have gone through similar experiences
Built into the program are an accountability system and quarterly strategy sessions to help participants take the steps to grow their businesses. To apply or learn more, go to www.ceigateway.com/mastermind.
Federal Resources Support Cybersecurity
The U.S. Department of Homeland Security is offering resources specifically designed to help recognize and address the cybersecurity risks of businesses and other entities.
The DHS Critical Infrastructure Cyber Community Voluntary Program (C³) provides cybersecurity resources to owners and operators of critical infrastructure; small and midsize businesses; and state, local, tribal and territorial governments.
For information on subscribing to the C³ monthly bulletin featuring cybersecurity webinars and workshops, new publications, and best practices plus other resources, go to