Great business strategies give companies an overview of where they are in the market and who they are relative to customers. To do this, leadership and marketers must look at the entire industry at once and understand their position. If you start from this understanding, then you can more easily ensure your actions follow and support strategy.
From its inception, the Arizona Commerce Authority has been guided by some of the best minds in private industry, the legislature and state universities. This unique collaboration has been one of the chief strengths of the ACA, and the work of the last 10 years would not be possible without the time, leadership and dedication of many individuals.
Intel Corp.’s self-driving car technology unit released a 40-minute unedited video Tuesday of a vehicle successfully navigating busy New York City streets. Mobileye, the business unit creating this technology, is now testing its vehicles in New York, including Manhattan.
Ambature, Inc., a privately held company that designs superconducting quantum materials and devices, announced test results using a new form of high-temperature superconducting material. Ambature’s technology enables an extremely fast and energy-efficient computer processor and one of the best sensors in the entire electromagnetic spectrum. The opportunities to impact a number of industry verticals with this technology are far reaching.
The Scottish Police Authority (SPA) has awarded Arizona-based technology firm Axon the contract to supply Police Scotland’s armed officers with Body Worn Video (BWV). The £505,000 contract will see firearms officers equipped with the technology ahead of the COP26 UN climate change conference, which takes place in Glasgow in November 2021.
Risk of cyberattacks is nothing new but, since the onset of the COVID-19 pandemic, cybercrime is on the rise — both in prevalence and magnitude — underscoring the importance for companies to maintain proper cyber hygiene to protect their data, operations and bottom lines. Considering these alarming trends, cyber risk insurance has never been more essential to protect businesses, their sensitive data and critical operations.
Encora, a global software product engineering company based in Scottsdale, has acquired Daitan, a fast growing software development company with several global offices. Encora shared that acquiring Daitan extends its reach further into Latin America and upon the deal’s closing the company’s headcount will rise up to 5,500 engineers worldwide.
Online car retailer Carvana is expanding its Tempe headquarters, and is seeking approval from the city of Tempe to build two new office buildings and two parking structures. In total, the project will be nearly 650,000 square feet, according to documents submitted to Tempe’s Development Review Commission. According to city documents, the company plans to create a campus-like environment through the site layout, outdoor space and amenities, and will incorporate the existing building on the site.
Arizona has drawn national attention recently thanks to Lucid Motors, Nikola Corp., ElectraMeccanica and Local Motors all choosing to build their EVs in the state. Yet some observers think — or hope — that this is just the beginning.
The summer of 2021 is leading the record books for businesses relocating to Arizona, including semiconductor manufacturers, electric car makers and many other tech companies. While most relocations and expansions are happening in the Valley, Northern Arizona is also attracting companies. Major companies like Intel, Raytheon, Benchmark Electronics and numerous others are driving these advancements in the state, he added, along with Arizona State University, Northern Arizona University and the University of Arizona.