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Baltimore and Raleigh are tech hubs, and New York is not? In 2000 when the dot-com's went bust, things were not so bad for IT in New York because the other ind

by Ologn 9y ago

Baltimore and Raleigh are tech hubs, and New York is not? In 2000 when the dot-com's went bust, things were not so bad for IT in New York because the other industries were still going along - media, advertising, fashion, and of course, finance. San Francisco has all its eggs in one basket. Plus New York has Stack Overflow, Spotify, Computer Associates, IBM, Seamless, Rockstar Games, Kickstarter and companies like that as well.

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randcraw 9y ago
The problem with this article is its focus on the fraction of a city's total jobs that are high tech, not the number of high tech jobs. Raleigh's total market is small compared to NYC's, of course (~2 million in 2013). Even then I can't believe a high fraction of work in the Research Triangle area is tech related. Aside from the 3 universities, it just doesn't have many significant tech employers these days. It's been decades since anyone mentioned tech business in RTP in the same breath as other hubs in the vicinity like DC, Charlotte, Atlanta, or Houston.
- mej10 9y ago
  Red Hat, IBM, Fidelity Investments, Cisco, NetApp, SAS, Citrix/Sharefile, Quintiles. They all employ thousands or close to it in RTP/Raleigh. These are just the ones I thought of off the top of my head, I am sure there are others. IBM alone employs 10,000 people in RTP.
  - santaclaus 9y ago
    > I am sure there are others There is a large government contractor presence in the triangle (DC is what, a 30 minute flight?). Epic's main office, Nvidia and Kitware have offices.
- hyperpape 9y ago
  I won't argue about a relative comparison to other cities, but the claim that there aren't a lot of tech jobs doesn't hold water. Searching for largest employers in Durham and Wake county, you'll see that there's a lot of tech. IBM is third largest overall employer in Durham, SAS is fifth in Wake, Cisco is seventh, followed by plenty of others that aren't quite as big. (Red Hat headquarters are here but they don't even make the list I searched http://d4.nccommerce.com/QCEWLargestEmployers.aspx http://d4.nccommerce.com/QCEWLargestEmployers.aspx). What the triangle doesn't have is "sexy" tech. There's a lot of medium or small satellite offices, companies like Fidelity, Lenovo or Credit Suisse hiring people, and so on. Far fewer consumer oriented startups.
freehunter 9y ago
I'm curious if IBM has more jobs/tech in New York or in Raleigh. The Research Triangle Park campus is massive, and they have some huge datacenters there too. Like the other person said, I think it's because of the fraction, which I think is perfectly valid. If it was just pure numbers, the list would be just the largest cities in the country. Going by fraction helps weed out the fact that while NYC might have a lot of tech jobs, it has a far greater number of finance jobs. Raleigh has a lot of tech jobs and not a lot else, so in terms of how focused on tech the city is, Raleigh wins.
soyrunner 9y ago
I agree, New York. Years ago, having engineering lap experience, I looked at engineering positions offered in Newsday compared to elsewhere. I decided that at that time there was probably nowhere in the world with as many engineering jobs listed in any paper within commuting distance as there was in a typical weekday Newsday want ad section. If you work in engineering, live on LI, and travel, bring the day's Newsday and compare.

by Ologn 9y ago

deleted 9y ago

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randcraw 9y ago

The problem with this article is its focus on the fraction of a city's total jobs that are high tech, not the number of high tech jobs. Raleigh's total market is small compared to NYC's, of course (~2 million in 2013). Even then I can't believe a high fraction of work in the Research Triangle area is tech related. Aside from the 3 universities, it just doesn't have many significant tech employers these days. It's been decades since anyone mentioned tech business in RTP in the same breath as other hubs in the vicinity like DC, Charlotte, Atlanta, or Houston.

mej10 9y ago
Red Hat, IBM, Fidelity Investments, Cisco, NetApp, SAS, Citrix/Sharefile, Quintiles. They all employ thousands or close to it in RTP/Raleigh. These are just the ones I thought of off the top of my head, I am sure there are others. IBM alone employs 10,000 people in RTP.
- santaclaus 9y ago
  > I am sure there are others There is a large government contractor presence in the triangle (DC is what, a 30 minute flight?). Epic's main office, Nvidia and Kitware have offices.
hyperpape 9y ago
I won't argue about a relative comparison to other cities, but the claim that there aren't a lot of tech jobs doesn't hold water. Searching for largest employers in Durham and Wake county, you'll see that there's a lot of tech. IBM is third largest overall employer in Durham, SAS is fifth in Wake, Cisco is seventh, followed by plenty of others that aren't quite as big. (Red Hat headquarters are here but they don't even make the list I searched http://d4.nccommerce.com/QCEWLargestEmployers.aspx http://d4.nccommerce.com/QCEWLargestEmployers.aspx). What the triangle doesn't have is "sexy" tech. There's a lot of medium or small satellite offices, companies like Fidelity, Lenovo or Credit Suisse hiring people, and so on. Far fewer consumer oriented startups.

freehunter 9y ago

I'm curious if IBM has more jobs/tech in New York or in Raleigh. The Research Triangle Park campus is massive, and they have some huge datacenters there too. Like the other person said, I think it's because of the fraction, which I think is perfectly valid. If it was just pure numbers, the list would be just the largest cities in the country. Going by fraction helps weed out the fact that while NYC might have a lot of tech jobs, it has a far greater number of finance jobs. Raleigh has a lot of tech jobs and not a lot else, so in terms of how focused on tech the city is, Raleigh wins.

soyrunner 9y ago

I agree, New York. Years ago, having engineering lap experience, I looked at engineering positions offered in Newsday compared to elsewhere. I decided that at that time there was probably nowhere in the world with as many engineering jobs listed in any paper within commuting distance as there was in a typical weekday Newsday want ad section. If you work in engineering, live on LI, and travel, bring the day's Newsday and compare.