Despite the pandemic that hit every state, Dallas’ tech industry was able to progress and thrive more than most states since they have been building and supporting their tech industry ever since according to a Dallas Morning News article from March 22. They say,
“It also made impressive gains as a technology capital, growing tech-sector jobs faster than the nation and gaining market share in the first year of the pandemic.
“In Dallas, you just have an abundance of opportunity,” said Bill Sproull, a longtime tech industry leader who formerly was CEO of Tech Titans, a local industry trade group. “A lot of these folks are being hired by companies that are tech-enabled. Think about State Farm, Capital One and BNSF; they hire all these IT folks, and they’re competing with the big tech platforms for the same labor pool.”
Dallas is attractive to companies that want to tap a large labor pool while also cutting operating costs, he said. And it appeals to workers who want a hybrid workplace because many companies have regional offices here.
Downtown Dallas has been building tech clusters for many years, encouraging innovation and entrepreneurship. It has attracted some surprising employers in the past, including tech hubs for Blue Cross Blue Shield and Sam’s Club.”
Just recently, another IT startup made waves as it acquired a $115 million investment for their new internet browser that showcases an amazing security and productivity feature according to a Dallas Morning News article from March 23 which reports,
“Island announced Wednesday it raised $115 million in a new investment round led by New York-based global venture capital and private equity firm Insight Partners. The investment places Island’s valuation at $1.3 billion, according to the company.
Island’s main product is its Enterprise Browser, an internet browser that the company advertises as providing “unprecedented improvements” in security and productivity. The browser is based on open source code from Google through one of the tech giant’s projects called Chromium. Chromium provides developers with the same infrastructure as the popular Chrome browser to build on so the experience can be customized but familiar to the end user.
It claims to give companies’ security teams more control over employees’ use of the growing array of enterprise software on the market, much of which is accessible through a web browser.”
The IT company houses more than 100 workers which duly compliments the total number of employees in Dallas that is almost at a 130,000 mark just in 2020. It is vital for the tech companies and the industry itself to remain strong and high since it is the deciding factor for salary and benefits for the employees who in turn make the industry thrive.
