Austin among nation's top tech centers

From Austin Business Journal, May 11, 2009...

With a high-tech workforce of more than 54,000, Austin ranks seventh on a list of the nation's biggest tech cities from bizjournals.

Texas' Capital City is home to roughly 2,600 tech companies, which employ an average of 20 employees each. Austin also has a relatively educated populace--11 percent of residents have a master's degree or higher. State government and the University of Texas also help make Austin a dynamic tech market.

Bizjournals created a five-part formula to identify metros blessed with the highest concentrations of high-tech companies, technology-oriented jobs, and workers with advanced degrees. San Jose, Calif.--the epicenter of internationally renowned Silicon Valley--ranked first on the list. Stockton, Calif. ranked dead last on the list of 100 U.S. markets.

Washington ranks second in bizjournals’ overall high-tech standings, followed by Boston, San Francisco-Oakland and Seattle. Each of these areas has more than 160,000 high-tech jobs, and at least 10 percent of all local workers hold advanced degrees.

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