Arizona Posts Strong Final Quarter of 2023 in Council's Technology Industry Impact Report
ncarol.com/10260969

PHOENIX - ncarol.com -- The Arizona Technology Council has released its Q4 2023 Arizona Technology Industry Impact Report, which finds that Arizona still leads the Southwest states in technology job growth despite a down year in STEM job postings overall. In addition, industry earnings across Arizona reached $30.65 billion, a 12-month earnings increase of 9.8%.

"The technology industry certainly had a bit of a downturn in 2023, but Arizona remains a standout among our peers as having a technology ecosystem where opportunities remain high" said Steven G. Zylstra, president and CEO of the Council and SciTech Institute. "We're also encouraged by the start of 2024, with significant investments from Intel and TSMC driving new business our way and a vibrant startup ecosystem accelerating innovation across sectors."

In addition to Arizona having the top job increase in the Southwest—including Nevada, Utah, Texas and California—and the continued rise in tech earnings, a few additional data points stood out, including:

• Software developers led the way in total jobs in 2023 with 42,951. The next closest roles included computer user support specialists (24,699) and computer systems analysts (15,808).
• Jobs in Arizona's tech sectors reached 234,000, a 5.57% one-year gain.
• More than 80% of tech job postings in the state required one to two or three to five years of experience, positioning Arizona as a great place for young technology professionals.
• Gender diversity in tech remains a challenge. In 2023, 69.8% of the workforce was male vs 30.2% being female. The percentage for females was 0.4% higher in 2022.

In addition to the updated data on the Arizona technology industry, the Council also supplements its report with published works, blogs and interviews highlighting technology industry leaders in the state, news from organizations across a wide range of sectors in the technology community, and more.

More on ncarol.com

• Mutant-Fueled Bio-Cyberpunk Shooter HoverGrease 2 Launches May 22
• Triple-Digit Growth, OTCQX Market Upgrade and a Rapidly Expanding Specialty Healthcare Platform: Cardiff Lexington Corporation: Stock Symbol: CDIX
• XRPPower Continues Strengthening Its Global AI-Powered Blockchain Ecosystem
• Lick Introduces Pineapple Flavored Massage Oil — A Tropical Date Night Favorite Available on Amazon
• FutureLot Powers ADU Wizard for Massachusetts Clean Energy Center's Statewide ADU Resource Center

Highlights from the Q4 2023 Impact Report include the following stories:

Career News

• Nearly 40 companies expanded in the Valley in the past year. GPEC says even more in the pipeline
• Intel's Arizona Expansion Marks Construction Milestone

Diversity and Inclusion News

• Embracing Diversity: The Strength of an International Workforce
• Diversity is Priority for Banner Health with New Supplier Program

Company News

• Involta Launches Tucson Internet Exchange for Cost Effective Connectivity
• Meta Teams up with SRP to Support Data Center with Clean Energy from New Solar and Battery Project

Workforce Development and Education News

• ASU Announces Future Medical School to Be Located in Downtown Phoenix
• ACA Announces Expansion of UArizona Micro/Nano Fabrication Center in Tucson

Investment News – Funded, Grants, etc.

• ACA Allocates $17.5M to ASU to Expand Semiconductor Research
• The Biden-Harris Administration Announces Nearly $64M for New Water Conservation Agreements

On the Council's behalf, the quarterly report is compiled by Lightcast (formerly eImpact) (http://eimpact.report/), an organization that creates web-based, data-reporting solutions designed to help cities, industries and planners drive effective policy, create new growth and engage stakeholders. The report is based on Lightcast's analysis of data from Emsi, Brookings Institution, CompTIA, AngelList, National Science Board and others.

More on ncarol.com

• ICT Innovations Releases ICTPBX Community Edition as Open Source Under Mozilla Public License 2.0
• BundleSpy.com lanunches new AI search report
• Maryland Personal Injury Firm Earns National Recognition in 2026 ELA Awards
• Robert J. Bradshaw's AYE is a Gripping Dual Reality Thriller Exploring the Increasingly Blurred Line Between Humanity and Technology
• Bangxing Silicone Revolutionizes Silicone Baby Product Partnerships: Low MOQ Support + VIP Long-Term Win-Win Programs

Download or view the complete report on the Council's website here (https://aztc.eimpactv3.com/dashboards/6/techimp...).