Posts Tagged ‘Arlington’
Wednesday, February 8th, 2012
 WASHINGTON, DC – A new study showing that there are now roughly 466,000 jobs in the “App Economy” in the United States, up from zero in 2007.
The study, sponsored by Illinois-based TechNet and conducted by Dr. Michael Mandel of South Mountain Economics, also found that App Economy jobs are spread throughout the nation.
Two-thirds of app economy outside CA and NY
The top metro area for App Economy jobs is New York City and its surrounding suburban counties, although together San Francisco and San Jose together substantially exceed New York. And while California tops the list of App Economy states, more than two-thirds of App Economy employment is outside of California and New York.
The results also suggest that the App Economy is growing quickly and that the location and number of app-related jobs are likely to shift greatly in the years ahead.
“America’s App Economy — which had zero jobs just 5 years ago before the iPhone was introduced — demonstrates that we can quickly create economic value and jobs through cutting-edge innovation,” said Rey Ramsey, president and CEO of TechNet.
Creating jobs in every part of America
“Today, the App Economy is creating jobs in every part of America, employing hundreds of thousands of U.S. workers today and even more in the years to come.”
“The App Economy, along with the broad communications sector, has been a leading source of hiring strength in an otherwise sluggish labor market,” said Dr. Michael Mandel, the report’s author and President of South Mountain Economics and former Chief Economist forBusinessWeek.
“As the technology industry and in particular software evolves, the app economy is becoming a critical new area of development and growth,” says Fred Hoch, President, Illinois Technology Association. “Illinois, with rich resources in data, development, advertising and design, is poised to take a leading role in this newly evolving ecosystem and related job creation.”
The full study, entitled “Where the Jobs Are,” is available at: http://www.technet.org/new-technet-sponsored-study-nearly-500000-app-economy-jobs-in-united-states-february-7-2012/
Top U.S. Metro Areas With Highest Percentage of App Economy Jobs
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| New York-Northern N.J.-Long Island |
9.2% |
| San Francisco-Oakland-Fremont |
8.5% |
| San Jose-Sunnyvale-Santa Clara |
6.3% |
| Seattle-Tacoma-Bellevue |
5.7% |
| Los Angeles-Long Beach-Santa Ana |
5.1% |
| Washington-Arlington-Alexandria |
4.8% |
| Chicago-Naperville-Joliet |
3.5% |
| Boston-Cambridge-Quincy |
3.5% |
| Atlanta-Sandy Springs-Marietta |
3.3% |
| Dallas-Fort Worth-Arlington |
2.6% |
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Top Ten States for App Economy Jobs (Percentage)
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| California |
23.8% |
| New York |
6.9% |
| Washington |
6.4% |
| Texas |
5.4% |
| New Jersey |
4.2% |
| Illinois |
4.0% |
| Massachusetts |
3.9% |
| Georgia |
3.7% |
| Virginia |
3.5% |
| Florida |
3.1% |
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The research shows that when it comes to employment impacts, each app represents jobs — for programmers, for user interface designers, for marketers, for managers, for support staff. Conventional employment numbers from the Bureau of Labor Statistics are not able to track such a new phenomenon because this economic ecosystem is so new. The research analyzed detailed information from The Conference Board Help-Wanted OnLine® (HWOL) database, a comprehensive and up-to-the-minute compilation of want ads, to estimate the number of jobs in the App Economy.
The total number of Apps Economy jobs includes jobs at ‘pure’ app firms such as Zynga as well as app-related jobs at large companies such as Electronic Arts, Amazon, and AT&T, as well as app ‘infrastructure’ jobs at core firms such as Google, Apple, and Facebook. In addition, the App Economy total includes employment spillovers to the rest of the economy.
Tags: Arlington, Atlanta, Bellvue, Boston, CA, Cambridge, Chicago, Dallas, Fort Worth, Freemont, Ill, Joliet, LA, Long Beach, Long Island, M&A, Marietta, Napervillle, New York, Northern NJ, Oakland, Quincy, San Francisco, San Jose, Sanday Springs, Santa Ana, Santa Clara, Seattle, Sunyvale, Tacoma, TechNet, top states for app economy jobs, TX, VA, WA
Posted in Internet/New Media, IT, Mobile, smartphones, Studies, surveys, reports, Telecommunications | No Comments »
Thursday, January 26th, 2012
 Convio, Inc. (NASDAQ: CNVO) has released of its fourth annual ranking of Most Generous Online U.S. Cities. 2011 saw a change at the top with Seattle, WA, earning the #1 spot, followed by Alexandria, VA and Washington, DC finishing second and third respectively as the nation’s most generous large cities based on 2011 online giving data from Convio customers.
The biggest movers in the top ten from the 2010 annual ranking are Seattle rising three spaces to number one; Cambridge, MA falling three spaces from number two to number five; and Ann Arbor, MI moving up three spaces from number nine to number six.
The report ranks the 273 cities with total population of more than 100,000 based on per capita online giving and total amount donated through Convio’s online marketing and fundraising suites.
The average gift size remained steady in 2011 compared to 2010 at $65, as more than $435 million was donated by people who reside in the 273 major cities. The donors in the most generous cities increased their total online contributions by more than 11 percent over 2010.
The 2011 rankings are based on the almost $1.355 billion in total online donations generated through the Convio online marketing and fundraising suite that powers the online efforts of thousands of the nation’s leading nonprofit organizations. The current rankings come from donations processed between Jan. 1 and Dec. 31, 2011.
The top ten most generous large cities (population > 100,000) in 2011, based on per capita giving are:
1. Seattle, WA
2. Alexandria, VA
3. Washington, DC
4. Arlington, VA
5. Cambridge, MA
6. Ann Arbor, MI
7. Berkeley, CA
8. San Francisco, CA
9. Bellevue, WA
10. St. Louis, MO
“According to a May 2011 study by Pew Internet, 96 percent of American adults with annual incomes greater than $75 thousand are online,” said Gene Austin, chief executive officer of Convio.
“The Internet is a key component of a comprehensive, integrated constituent engagement and fundraising strategy. Our 2011 U.S. online giving data reinforces that nonprofits are increasingly leveraging the Internet to generate more meaningful relationships, raise more money and maximize the lifetime value of every individual they touch.”
From a regional perspective based on the U.S. Census grouping of states, the top 25 large cities have the South achieving the #1 spot (three cities in the top ten), followed by the West, then the Midwest and lastly the Northeast. To view the complete rankings of large U.S. cities, visit www.convio.com/onlinecities.
Tags: Alexandria, Ann Arbor, Arlington, Bellevue, Berkeley, CA, Cambridge, Convio, M&A, MI, MO, online giving ranked, San Francisco, Seattle, St. Louis, VA, WA
Posted in Internet/New Media, Studies, surveys, reports, Tech Culture, TechLife | Comments Off
Tuesday, November 30th, 2010
 ARLINGTON, VA – OPOWER, the Arlington-based company selling smart grid energy efficiency software, has closed a $50 million third round of financing led by Accel Partners and Kleiner Perkings Caufiled & Byers. Its largest investor, New Enterprise Associates, also participated. That’s a powerhouse of backers.
The investment will support OPOWER’s rapid expansion and accelerate its product development efforts in order to add new products and features to its Software-as-a-Service (SaaS) platform in 2011.
The company’s platform has helped electric and gas utilities engage their customers, drive unprecedented gains in energy efficiency, and improve customer satisfaction. OPOWER’s prior financing was in 2008, with capital raised from NEA and early-stage fund MHS Capital.
OPOWER’s SaaS platform is the industry’s leading customer engagement platform, and has quickly gained popularity in the utility industry as an innovative, information-based energy efficiency program, as well as the leading front-end for utilities’ Smart Grid deployments.
The platform uses data analytics to evaluate a household’s energy usage patterns – without the need for hardware to be installed inside the home – and applies behavioral science techniques and a multi-channel communication strategy to engage millions of homes and motivate energy saving actions.
Currently deployed to more than two million homes, OPOWER is delivering enough energy savings to power nearly 50,000 homes on an ongoing basis. The company expects its deployed customer base to more than quadruple in 2011. OPOWER currently works with 45 utilities throughout the U.S., including seven of the country’s ten largest energy providers.
“OPOWER is an elegant and proven solution for utilities to cost-effectively reach energy efficiency goals,” said Ray Lane of Kleiner Perkins Caufield & Byers. “It is a straight forward value for customers – clearly measuring savings on their energy bills.”
I’m always impressed when firms such as OPOWER land serious backing from investors such as its lineup of top venture capital funds. Energy efficiency and grid technology are likely to be part of the power industry future going foward.
TJS Editor Allan Maurer: Email Allan at TechJournal South dot com.
Tags: Accel Partners, Arlington, energy efficiency, financing, KPCB, New Enterprise Associates, OPOWER, smart grid, VA
Posted in Energy, IT, Money, Potomac, Virginia | Comments Off
Wednesday, August 25th, 2010
ARLINGTON, VA – FortiusOne, a developer of web tools that transform large amounts of data into visual formats, has named Frank Moyer new CEO.
Previously, Moyer was CEO of EzGov until CACI acquired the firm in 2009.
The company raised $4.9 million of a targeted $5.9 million offering in July, according to a filing with the US Securities and Exchange Commission.
It raised a $5.45 million B round from Walker’s Invetement Fund II, SBIC, Spero’s New Market’s Growth Fund, Chart Venture Partners and In-Q-Tel and Frank Bonsal, a New Enterprise Associates founding partner.
Founded in 2005, the company set out to change the way organizations visualize and analyze data for real-time problem solving.
The company says devastating worldwide events such as the London bombings and Hurricane Katrina proved that legacy data analysis tools and techniques which used dated, static location information were no longer effective means for data sharing, risk mitigation or crisis response.
So, the company says, it launched GeoIQ, the first completely web-based location analysis platform, with the capability to unleash a world of dynamic location information that had previously been locked in proprietary databases.
Fortius One was one of TechJournal South’s Tech 50 companies to watch in 2008.
Tags: Arlington, data visualization, FortiusOne, Frank Moyer, IT, Virginia
Posted in Government/Defense, Internet/New Media, IT, People, Potomac, Virginia | Comments Off
Monday, August 16th, 2010
DULLES, VA - Telestream has agreed to acquire Dulles-based Grab Networks’ Anystream division. Financial details were not disclosed.
The combination will further extend Telestream’s position in the software video transcoding market.
Founded ten years ago, Anystream pioneered a solution for media companies looking to produce and transcode video to publish on the web with the introduction of their Agility products.
The company grew to become a leading provider of automated multi-platform media publishing solutions, and its solutions are used by over 600 of the leading media companies in 38 countries around the world.
FLIR Systems acquiring ICx Technologies
ARLINGTON, VA – ICx Technologies, Inc. (Nasdaq GM:ICXT), a developer of advanced sensor technologies for homeland security, force protection and commercial applications, has entered into a definitive merger agreement with FLIR Systems Inc. (Nasdaq:FLIR).
According to the agreement, ICx would be acquired through a cash tender offer, followed by a merger with a subsidiary of FLIR, for a price of $7.55 per share in cash.
FLIR focuses on design, manufacturing, and marketing of thermal imaging and stabilized camera systems for a wide variety of thermography and imaging applications.
Tags: acquistions, Anystream, Arlington, Dulles, ICx Technologies, Virginia
Posted in Acquisitions, Internet/New Media, IT, Potomac, Virginia | Comments Off
Friday, August 13th, 2010
 ARLINGTON, VA – Aria International Holdings Inc. (Pink sheets:ARAH) has tuned in $1.6 million of a targeted $$2.5 million mixed securities offering, according to a regulatory filing.
The company’s subsidiary, Aria International Inc., sells specialized communications and surveillance systems.
It has licensed the rights to sell 3Dicon’s C-Space technology in homeland defense/Scanning applications.
Arias went public when it merged with TriCord Hurricane Holdings, subsequently changing its name to Aria International Holdings Inc.
The company was founded in 2008 by CEO and president Michael Crosby, who was president of Commonwealth Consulting and the DC-based Lehman Group, and Lawrence Field, a 3Dicon board member.
Tags: Aria International Inc., Arlington, communications, financing, Lawrence Field, Michael Crosby, Security, VA
Posted in IT, Money, Potomac, Security, Virginia | Comments Off
Friday, May 7th, 2010
 FAIRFAX & ARLINGTON, VA – CGI Group Inc. (NYSE: GIB; TSX: GIB.A), a provider of information technology and business processing services, is acquiring Stanley Inc. (NYSE:SXE) , a provider of information technology services and solutions to U.S. defense, intelligence and federal civilian government agencies, through a cash tender offer of $37.50 a share, which values the deal at about $1.07 billion.
The per share purchase price represents a premium of 23.3 percent over Stanley’s 30-day volume weighted average stock price and 38.3 percent over its 60-day average.
The transaction will be funded from CGI’s cash on hand and existing credit facilities.
This strategic acquisition brings additional scale to CGI’s U.S. operations, which will account for nearly half of CGI’s global revenue.
The acquisition marks CGI Federal’s expansion into the U.S. defense and intelligence markets. With this acquisition, CGI Federal joins a select list of Federal IT contractors with more than $1 billion in revenue.
Tags: Acquisitions, Arlington, CGI Group, Fairfax, government contrators, IT, Stanley, Virginia
Posted in Acquisitions, Government/Defense, IT, Potomac, Virginia, Washington, DC | Comments Off
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