Despite a challenging year caused by the spread of the COVID-19 virus, Arizona’s technology sector was able to rebound quickly and even outpace Q4 2019 in several significant growth metrics. The Arizona Technology Council’s latest quarterly Arizona Technology Industry Impact Report provides insight on the progress of the state’s tech sector. The new data shows a 29% increase in STEM job postings in December 2020 vs. December 2019 and a 4.3% growth in Arizona technology companies year-over-year.
Arizona has faced unprecedented threats to its health and economy in recent months. And experts agree, things are only going to get worse — if we don’t act with bold, urgent action. Sustainability is key to Arizona’s success. Working collectively, we all have the power, the knowledge and the innovative thinking to ensure a better future. Let’s get started.
Sun Corridor Inc. is among the leading state organizations to work to entice fintechs to come to Arizona and help them partner with financial institutions. The council will initiate new opportunities for member financial institutions and selected fintechs to connect with each other, evaluate startups’ readiness to work hand in hand with financial institutions on innovative new products and services, and aid in arranging proofs of concept with participating financial institutions and fintechs in Arizona’s regulatory sandbox.
Arizona has demonstrated that there is a proven nexus between supporting the economy and addressing environmental challenges. Investments in large-scale renewable energy projects both put people to work in the short term and strengthen our economy in the long term, and they help bring us closer to meeting the clean and renewable energy goals shared by Arizona’s businesses, residents and utilities alike.
Over the past few decades, small businesses have gradually integrated more technology into their operations. But in the last year, digital infrastructure became more crucial than ever. Thankfully, the new year and new political leadership in Arizona present opportunities to embrace the industry that has kept businesses connected during the pandemic: technology.
The Arizona Technology Council and The Western Way release new report outlining how clean energy has the potential to play a significant role in the post-pandemic economic recovery, the Arizona Corporation Commission elects new department chair, the University of Arizona’s Center for Innovation awarded DoE contract to support clean-energy innovators, General Motors commits to fighting for electric vehicle market share, Lucid Motors on track to begin production of Lucid Air luxury electric sedan, Global Water Resources to provide water to Nikola Motor Company facility, and more.
As we look ahead to the state’s post-COVID economic recovery, the clean energy sector has the potential to play a significant role. Together, we can ensure that Arizona is positioned for a strong economic recovery and, at the same time, demonstrate national leadership in driving clean energy technology and innovation while mitigating the impacts of changing climate conditions.
The Arizona Technology Council, in partnership with The Western Way, released its report detailing how policymakers can incorporate energy innovation into Arizona’s plan for recovering from the economic downturn caused by the pandemic. The report outlines the economic benefit of energy innovation and specific recommendations for policymakers to integrate clean energy and clean technology initiatives into the recovery plan roadmap.
Renewable energy is a powerful solution to restoring economic security at a time when residents need it most. That is why Arizona must get on a fast track toward modernizing our energy rules. Renewable energy is the answer to moving toward a cleaner, more prosperous and healthy future.
DoorDash, is a technology company that connects customers with their favorite local and national businesses in more than 4,000 cities, announces it will establish DashMart service in Tucson, Arizona. Southern Arizona continues to attract industry leaders like DoorDash seeking the ideal location for their next phase of growth