Posts Tagged ‘CA’
Monday, February 13th, 2012
Where are the social media jobs and how much do they pay? The most jobs are in New York, San Jose, San Francisco, LA, Boston, DC and Baltimore, says Onward Search. They pay the most in New York, San Francisco, LA, Boston and DC.
Social media jobs initially fell into the hands of traditional marketers, but more and more it is separate job category. Onwardsearch.com not only offers advice on how to find a job in social media, it has created a series of infographics outlining the best cities for social media positions, and now a social media salary guide.
The blog also offers some solid advice to those in social media. Brian Chappell of Ignite Social Media, for instance, suggests, “Steer away from fuzzy metrics and focus on social media marketing that can move the needle.”
For more, see Onward Search feature, “Social Media Advice from Leading Marketers.
Here’s the firm’s infographic on social media salaries:


Tags: Austin, Baltimore, Boston, CA, CO, DC, Denver, Detroit, Houston, LA, MD, MI, Miami Fl, NY., Onward Search, Phoenix Arizona, San Diego, San Francisco, San Jose, social media jobs, social media salaries, TX, Washington Posted in infographic, Internet/New Media, Marketing, social media, Studies, surveys, reports | No Comments »
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
| |
|
| 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% |
| |
|
Top Ten States for App Economy Jobs (Percentage)
| |
|
| 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% |
| |
|
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 | Comments Off
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
Monday, January 9th, 2012
Know one kills many smartphones? Users drop them in the toilet, spill drinks on them or otherwise . Now, though, you can dry out a digital device even if it has been fully immersed in water.
The Bheestie Bag will dry out a soaked device. You remove the device battery, place it in the bag, zip it up and its water-absorbing beads (it calls molecular sieves) draw the water out of the device.
The bag, produced by the Portland, OR firm costs $20. The company sold more than 100,000 of the Bags.
Nanocoating protects devices from moisture damage
In the future, we may not need a way to dry out electronics if Santa-Anna, CA-based Liquipel has its way.
Using the latest advancements in nano-coatings, Liquipel’s patent-pending process creates a liquid-repellant coating that is 1,000 times thinner than a human hair but will last the life of the device. It not only exceeds cell-phone manufacturers’ requirements but actually creates a new category for water-safe electronics with a rating of IP-X7 certification (3 feet under water for 30 minutes), making it the highest performing protective coating in the industry.
The protective process can be introduced to fully assembled devices or integrated into the manufacturing line itself. The device is placed in a temperature-controlled vacuum chamber into which the proprietary formulation of waterproofing particles is introduced in a vapor form. Ionized particles are then added, binding the formulation to the device at the molecular level. Thirty minutes later, the process is complete.
Tags: Bheestie Bag, CA, digital device waterproofing, dry out wet digital devices, how to save a soaked smartphone, Liquipel, nanocoating, Santa Ana Posted in Hardware, TechLife | Comments Off
Tuesday, December 20th, 2011
NASA has selected 85 small business proposals to enter into negotiations for Phase II contract awards through the agency’s Small Business Innovation Research (SBIR) Program.
The selected projects have a total value of approximately $63 million. NASA will award the contracts to 79 small high technology firms in 27 states.
These competitive awards-based programs encourage U.S. small businesses to engage in federal research, development and commercialization. The programs also enable businesses to explore technological potential, while providing the incentive to profit from new commercial products and services.
Small businesses the backbone of the economy
“Small businesses are not only crucial to NASA’s trailblazing achievements in space exploration; they are the backbone of the American economy,” said NASA Administrator Charles Bolden. “As the wheels of our economy continue to pick up speed, it is important to remember that small business is the engine that is getting us moving again.
According to the U.S. Small Business Administration, small firms have generated 65 percent of net new jobs over the past 17 years. And federal procurement for women-, minority- and veteran-owned small businesses are a big part of that equation.”
NASA’s SBIR programs address specific technology gaps in agency missions, while striving to complement other agency research investments. Program results have benefited many NASA efforts, including modern air traffic control systems, Earth-observing spacecraft, the International Space Station and the Mars rovers.
“Working with small businesses through Phase 2 SBIR awards, NASA helps mature novel technologies and concepts to demonstrate their applicability to NASA’s current and future space and aeronautics needs,” said Michael Gazarik, director of NASA’s Space Technology Program.
“This maturation process also provides NASA’s small business partners to more fully explore opportunities to transfer that technology to the marketplace, while creating new jobs and growing our economy.”
In addition to meeting NASA’s needs, the proposals also provide innovative research in areas that have other commercial applications.
Examples include:
– Development of design and fabrication techniques that will be used to create better UV detectors useful to NASA’s missions to monitor ozone, aerosols and air pollution, which also are essential in the semiconductor, food processing and healthcare industries, where bacterial sterilization is important.
– A new composite material manufacturing process which could decrease manufacturing costs for NASA’s future heavy lift launch vehicles, as well as military and commercial aircraft, wind blades and towers, civil and automotive infrastructure and marine vessels.
– New high-performance lubricants beneficial to robotic spacecraft operations in extreme temperature ranges that also may benefit automobile performance.
– A laser-ranging technology that can be used as the next generation air data system for aircraft that will measure velocity, wind speed, air pressure and temperature. This will help predict turbulence, ensuring a safer and more comfortable flight.
Three-phase SBIR program
The SBIR program is a highly competitive, three-phase award system. It provides qualified small businesses, including those owned by women and the disadvantaged, with opportunities to propose unique ideas that meet specific research and development needs of the federal government.
Phase 1 is a feasibility study to evaluate the scientific and technical merit of an idea. Awards are for as long as six months.
The selected Phase 2 projects will expand on the results of Phase 1 projects selected last year, with up to $750,000 to support research for up to two years. Phase 3 is for the commercialization of the results of Phase 2 and requires the use of private sector or non-SBIR federal funding.
Participants submitted 428 Phase 2 proposals. The criteria used to select the winning proposals included technical merit and innovation, Phase 1 performance and results, value to NASA, commercial potential and company capabilities.
NASA’s Ames Research Center at Moffett Field, Calif., manages the SBIR program for the agency’s Space Technology Program. NASA’s 10 field centers manage individual projects.
For a complete list of selected companies, visit: http://sbir.nasa.gov
For more information about NASA’s Office of the Chief Technologist and the agency’s Space Technology Program, visit:http://www.nasa.gov/oct
Tags: Ames Research Center at Moffett Field, CA, composite materials manufacturing, high performance lubricants, laser-ranging tech, NASA selects proposals for Phase II SBIR awards Posted in Government/Defense, Hardware, Money | Comments Off
Monday, December 5th, 2011
Steve Jobs impacted so many lives. What few understand is that much of his success was due to collaboration with designers, engineers and the world’s premier thinkers – and concepts he learned from his intensive study of Soto Zen Buddhism at a crucial time in his life.
A new book explores how that affected Jobs – including his ideas about design, collaboration, and business strategy.
In collaboration with Forbes Media and JESS3, John Wiley & Sons, Inc. has published The Zen of Steve Jobs (Wiley; January 2012; ISBN: 9781118295267; Paperback & E-Book; $19.95) written by Caleb Melby, a Forbes contributor and illustrated by JESS3.
A tribute in memory of Apple cofounder Steve Jobs (1955-2011), this graphic narrative is a thoroughly researched interpretation of a well documented period in his life that revolutionized technology and design.
In the mid 1980s, Jobs was forced to leave Apple. He then founded NeXT, a computer company in Redwood City, California. Cynical journalists began to question if he had been a one-hit-wonder and NeXT’s computers, though beautiful, experienced disappointing sales.
During this difficult time in his life, Jobs discovered his spiritual side through a unique friendship with Kobun Chino Otogawa, a Japanese Soto Zen Buddhist priest. This spiritual relationship ultimately created the foundation behind Jobs’ continued innovative success.
The Zen of Steve Jobs is a reimagining of the friendship between Jobs and Kobun. Kobun emigrated to the U.S. from Japan in the early 1970s. He was an innovator, lacked appreciation for rules and was passionate about art and design. Kobun was to Buddhism as Jobs was to technology: a renegade and maverick.
The story moves back and forward in time, from the 1970s to 2011, but centers on the period after Jobs’ exile from Apple in 1985 when he took up intensive study with Kobun. Their time together was integral to the big leaps that Apple took later on with its product design and business strategy.
The Zen of Steve Jobs connects this period in Jobs’ life with key moments in Apple’s history. A section of the book takes place in 1986 at the Tassajara Zen Mountain Center in California.
Kobun teaches Jobs kinhin, a walking meditation, and alludes to Jobs’ quest to understand ma, a Japanese design concept apparent today in the simplicity in all iProducts.
After his triumphant return to Apple in 1996, it was evident that Jobs’ experiences with Buddhism played a significant role in his corporate philosophy.
Tags: CA, Caleb Melby, Forbes, graphic book The Zen of Steve Jobs, kinhin, Kobun Chino Otogawa, NeXt, Redwood City, Soto Zen Buddism, Tassajara Zen Mountain Center, walking meditation Posted in Hardware, Internet/New Media, People | Comments Off
Friday, November 18th, 2011
MOUNTAIN VIEW, CA – Fenwick & West,a law firms providing comprehensive legal services to high technology and life science clients says the results of its Third Quarter 2011 Silicon Valley Venture Capital Survey shows strong valuations for venture financings continued during the third quarter in the Valley. Internet, digital media and software firms performed best.
The Third Quarter 2011 survey analyzed the valuations and terms of venture financings for 113 technology and life science companies headquartered in the Silicon Valley that reported raising capital in the third quarter of 2011.
Up rounds exceeded down rounds
“During the third quarter of 2011, up rounds exceeded down rounds 70% to 15% with 15% flat. This was an increase from the second quarter of 2011, when up rounds exceeded down rounds 61% to 25%, with 14% flat.
Series B rounds were especially strong with 89% up rounds. The was the ninth consecutive quarter in which up rounds exceeded down rounds,” said Barry Kramer, partner in the Corporate Group of Fenwick & West and co-author of the survey.
An up round is one in which the price per share at which a company sells its stock has increased since its prior financing round. Conversely, a down round is one in which the price per share has declined since a company’s prior financing round.
The Fenwick & West Venture Capital Barometer™ – which measures the change in share price of Silicon Valley companies funded during the quarter compared with the share price of their previous financing round – showed a 69% average price increase for the quarter, a slight decrease from the 71% reported in the second quarter of 2011.
Additionally, one of the companies in the internet/digital media industry had a 1,500% up round, and were this company excluded the Barometer would have been 54% for the quarter.
“This was also the ninth consecutive quarter in which the Venture Capital Barometer was positive,” said Kramer.
Internet, digital media, software best performing
“The best performing industries in the quarter from a valuation perspective were internet/digital media and software (including a significant number of “software as a service” companies and companies building applications for mobile devices), which substantially outpaced the other industries, followed by hardware and cleantech, while the life science industry continued to lag,” added Michael Patrick, partner in the Corporate Group of Fenwick & West and co-author of the survey.
“The third quarter of 2011 was a mixed quarter for the venture capital industry, with healthy valuations, solid amounts of investing and an improved M&A environment. However fundraising by venture funds, IPOs, venture capitalists’ confidence level and Nasdaq, were all off significantly.
Nasdaq has recovered significantly in 4Q11 to date, and Groupon had a successful IPO, but the macro environment continues to be unpredictable, and accordingly the future direction of the venture environment is uncertain,” added Patrick.
Both venture capitalists and entrepreneurs tells us that valuations on the East Coast and the Southeast are not on a par with those on the West Coast, particularly in Silicon Valley. Perhaps that will bring more West Coast VCs into the heartland and the opposite coast to hunt deals, but they do seem to have an aversion to too many cross-country flights.
Complete results of the survey with related discussion are posted on Fenwick & West’s website atwww.fenwick.com/vctrends.htm.
Tags: CA, digital media, Fenwick & West, fundings, Internet, Mt. View, Q3 2011, Silicon Valley Venture Capital Survey, software, up rounds exceed down rounds, Venture Capital Barometer, venture funding Posted in entrepreneurship, Internet/New Media, IT, Money, Studies, surveys, reports, venture capital report | Comments Off
Wednesday, November 9th, 2011
California-based Outcome Logic, Inc. has released a free online service that provides customized and user-specific information regarding cyber threats and cyber crime.
The new online product, CyberSecurity SAFE (Self-Assessment, Family Emergency) is available for free to families and individuals. Through a simple self-administered questionnaire, CyberSecurity SAFE assesses preparedness, vulnerability and risk while providing a detailed report with relevant and practical recommendations tailored to the user.
By visiting safeoutcome.com and completing the CyberSecurity questionnaire, in addition to the report that identifies specific vulnerabilities and how to address them, users receive a complete cyber security preparedness score.
When followed, this prioritized list of detailed recommendations will ensure families are more prepared to counter most cyber security threats.
Remember to research any anti-virus or cyber security software online before installing it. If you’re using Windows, you can download and install Windows Defender as well as a number of free for personal use anti-virus and anti-spyware programs such as Malware Bytes, AV, Spyware Blaster and Spybot.
“Cyber crime is the most rapidly growing threat to personal privacy,” said Alon Stivi, president and CEO of Outcome Logic. “With CyberSecurity SAFE, we offer an easy and free solution to help families protect their personal data and passwords from cyber criminals.”
Protecting and being prepared in the event of cyber crime is important for businesses and individuals and families.
To prepare and prevent damage from cyber attacks, such as the 12 million per day experienced by the 2008 Beijing Olympics, the 2012 London Olympics recently announced that they have addressed virtually every possible outcome in the event of malicious activity by cybercriminals.
Tags: CA, CyberSecurity SAFE, free online security check, Irvine, safeoutcome.com, Security Posted in Internet/New Media, IT, Security | Comments Off
Thursday, October 27th, 2011
MENLO PARK, CA k- Mobile media isn’t just making it easier to get information on the go — it’s also creating demand for professionals who can help companies beef up their mobile presence, according to the just-released 2012 Salary Guide from Robert Half Technology.
Other technology trends fueling IT hiring include:
- Access to increasing amounts of data
- Constantly evolving IT security threats
- Growing online collaboration in business
“The demand for professionals who can help companies take advantage of new technologies, such as mobile media or popular collaboration tools, is outpacing the supply in some cases,” said John Reed, executive director of Robert Half Technology. “This has resulted in higher starting salaries within certain specialty areas.”
Following is a description of the trends fueling hiring and their effect on starting salary ranges:
- Mobile media – Continued growth of smartphones and tablets is heightening the demand for individuals with experience creating and organizing content for the small screen.As a result, starting salaries for mobile applications developers are expected to rise 9.1 percent over 2010 levels to a range of $85,000 to $122,500.
- Increasing amounts of data – Thanks to technology, companies can access more data than ever before. Businesses seek those who can gather and organize this information and highlight what’s relevant to business goals. Among the positions most in demand are business intelligence analysts, who will see a 6.3 percentincrease in average starting salaries to a range of $87,750 to $123,500.
- Constantly evolving security threats – Data security and protection continue to be a priority for companies, particularly in industries such as banking and healthcare. Starting salaries for data security analysts are expected to increase 6 percent to a range of $89,000 to $121,500.
- Growing online collaboration – As firms increase their use of internal social media to facilitate collaboration and online learning, there’s an increasing need for software developers, especially those with SharePoint and .NET experience. The base compensation for software developers is expected to rise 6.5 percentnext year to a range of $70,000 to $111,000.
More information on skills and positions in demand, as well as a salary calculator that allows users to quickly determine starting salary ranges for positions in hundreds of cities, is available via the Robert Half Technology Salary Center (www.rht.com/salarycenter).
Tags: CA, hot IT areas, increasing security threats, IT skills, Menlo Park, mobile media jobs, online collaboration, Robert Half Technology, tech trends driving IT salary increases Posted in Internet/New Media, IT, Mobile, Security, smartphones, Studies, surveys, reports, TechJobs | Comments Off
Wednesday, October 19th, 2011
Software companies dominate on Deloitt’s 2011 Technology Fast 500, an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Software firms account for 39 percent of the entire list, with 194 companies. Not surprisingly the West is home to the most (37%) Fast 500 tech firms.
Five of the top 10 companies in this year’s rankings are from the software industry, including Avigilon (No. 4), ServiceNow (No. 5), NexJ Systems Inc. (No. 6), Real Matters (No. 7) and HubSpot (No. 8).
MAKO Surgical Corp., an orthopedic medical device company based in Fort Lauderdale, Fl., ranked No. 1.
MAKO Surgical Corp.’s fiscal year revenue of $44.29 million and five year fiscal growth rate of 70,211 percent topped this year’s ranking which is based on the percentage of fiscal year revenue growth from 2006 to 2010.
“Deloitte’s Technology Fast 500 recognizes some of the most exciting technology companies in North America today,” saidEric Openshaw, vice chairman and U.S. Technology, Media & Telecommunications leader, Deloitte LLP. “We are proud to honor MAKO Surgical Corp., and we congratulate all of the ranked companies for their extraordinary achievements.”
The top ten ranked companies are as follows:
|
|
| 2011 Rank |
Company |
Sector |
Revenue Growth(2006 to 2010) |
City, State |
|
| 1 |
MAKO Surgical Corp.www.makosurgical.com |
Medical Equipment |
70,211 percent |
Ft. Lauderdale, FL |
|
| 2 |
Accedian Networkswww.accedian.com |
Communications/Networking |
50,136 percent |
Saint-Laurent, QC |
|
| 3 |
RTI Cryogenics Inc.www.rticryo.com |
Clean Technology |
46,278 percent |
Cambridge, ON |
|
| 4 |
Avigilonwww.avigilon.com |
Software |
38,796 percent |
Vancouver, BC |
|
| 5 |
ServiceNowwww.service-now.com |
Software |
32,048 percent |
San Diego, CA |
|
| 6 |
NexJ Systems Inc.www.nexj.com |
Software |
29,161 percent |
Toronto, ON |
|
| 7 |
Real Matterswww.realmatters.com |
Software |
28,265 percent |
Markham, ON |
|
| 8 |
HubSpotwww.hubspot.com |
Software |
27,746 percent |
Cambridge, MA |
|
| 9 |
AVI BioPharma, Inc.www.avibio.com |
Biotechnology/Pharmaceutical |
25,483 percent |
Bothell, WA |
|
| 10 |
ARIAD Pharmaceuticals, Inc.www.ariad.com |
Biotechnology/Pharmaceutical |
19,875 percent |
Cambridge, MA |
|
|
|
|
|
|
|
|
Mark Jensen, managing partner of Deloitte’s national venture capital services group, added, “During the 17 years Deloitte has published this list, some deeply entrenched patterns have evolved. Software companies have dominated year-over-year, and the western and northeastern regions of the U.S. have consistently attracted innovative, high growth companies.”
West region yields highest concentration of Fast 500 companies, followed by Northeast
Overall, the West remains home to the highest concentration of Technology Fast 500 companies (37 percent), trailed by the Northeast (24 percent), Canada (15 percent), Southeast (12 percent), Midwest (6 percent), and Southwest (6 percent).
Software sector dominates – again
Five of the top 10 companies in this year’s rankings are from the software industry, including Avigilon (No. 4), ServiceNow (No. 5), NexJ Systems Inc. (No. 6), Real Matters (No. 7) and HubSpot (No. 8).
The software sector comprises 39 percent of the overall list with 194 companies, followed by biotechnology (15 percent), communications/networking (12 percent) and Internet (11 percent). Medical equipment, scientific/technical instrumentation, semiconductor, computers/peripherals, media/entertainment and clean technology companies round out the remaining 23 percent of the list.
The percentage of companies from industry sectors are represented on Deloitte’s Technology Fast 500 as follows:
|
|
| Sector |
Percent of List |
Fastest-growingCompany in the Sector |
City, State |
|
| Software |
39 percent |
Avigilonwww.avigilon.com |
Vancouver, BC |
|
| Biotechnology/Pharmaceutical |
15 percent |
AVI BioPharma, Inc.www.avibio.com |
Bothell, WA |
|
| Communications/Networking |
12 percent |
Accedian Networkswww.accedian.com |
Saint-Laurent, QC |
|
| Internet |
11 percent |
SAY Media, Inc.www.saymedia.com |
San Francisco, CA |
|
| Medical Equipment |
7 percent |
MAKO Surgical Corp.www.makosurgical.com |
Ft. Lauderdale, FL |
|
| Clean Technology |
5 percent |
RTI Cryogenics Inc.www.rticryo.com |
Cambridge, ON |
|
| Semiconductor |
4 percent |
MaxLinear, Inc.www.maxlinear.com |
Carlsbad, CA |
|
| Media and Entertainment |
3 percent |
Collectivewww.collective.com |
New York, NY |
|
| Computers/Peripherals |
2 percent |
PlumChoicewww.plumchoice.com |
Billerica, MA |
|
| Scientific/TechnicalInstrumentation |
2 percent |
Digital Ally, Inc.www.digitalallyinc.com |
Overland Park, KS |
|
|
|
|
|
|
|
Technology Fast 500 Ranking Methodology
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year (2006) operating revenues of at least $50,000 USD or CD, and current-year (2010) operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Ranking is rounded to the nearest percentage point. Revenue growth is calculated as follows: [(FY'2010 revenue – FY'2006 revenue)/ FY'2006 revenue] x 100. For example, a company with reported revenues of $350,000 in 2006 and$7,500,000 in 2010 would have fiscal year revenue growth of 2,043 percent during the period from 2006 to 2010.
The ranking is compiled from nominations submitted directly to the Technology Fast 500™ Web site, and public company database research conducted by Deloitte. Deloitte has not audited the ranking and, accordingly, does not express an opinion or any other form of assurance on it. Some companies that may be eligible to appear on the ranking are not included because they did not submit the required information or otherwise declined to participate.
For additional detail on the Technology Fast 500™ including the complete list and qualifying criteria, visit www.fast500.com.
As used in this document, “Deloitte” means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please seewww.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
SOURCE Deloitte
Back to topRELATED LINKS
http://www.deloitte.com
Tags: Accedian Networks, Billerica, CA, Cambridge, CO, Dallas, Deloitte 2011 Technology Fast 500, Englewood, FL, Ft. Lauderdale, Hubspot, KS, M&A, MAKO Surgical, New York, NexJ Systems, NY., Overland Park, QC, Real Mattters, RTI Cryogenics, Saint-Laurent, San Diego, San Francisco, TX Posted in Biotech, Cloud, Energy, games, Hardware, Healthcare, Internet/New Media, IT, Mobile, Pharma, Studies, surveys, reports, video | Comments Off
|
|
|