Welcome!

News Feed Item

Sacramento Tech Industry Shows Strong Growth

The Sacramento Regional Technology Alliance (SARTA) today released 2014 progress reports showing strong Sacramento region tech industry growth.

The Sacramento region’s med tech, ag tech and clean tech industries in 2013 added jobs and revenue at an impressive rate, according to the SARTA MedStart, AgStart and CleanStart Progress Reports, which were released at today’s SARTA TechEdge Celebration Luncheon in Sacramento. There now are more than 530 tech companies in the Sacramento region.

The Sacramento region med tech sector in 2013 showed more than 20 percent growth in jobs, from less than 5,000 in the previous year to more than 6,000. The total number of med tech companies now totals 137, a net increase of 11 from the prior year.

The total number of Sacramento region med tech companies has grown in each of the past five years with the biggest increases in telehealth and related healthcare information technology. Thirty percent of the area’s med tech companies were founded in that same period.

“The groundwork laid by SARTA over the last six years is now showing huge value and we’re shifting to a new phase of more robust growth in telehealth, while continuing to build strong foundations for growth in molecular imaging and regenerative cures,” said Cary Adams, SARTA MedStart chair.

SARTA’s first AgStart report shows 70 Sacramento region ag tech companies. The region is home to research and production facilities for a significant share of the world’s leading seed breeders; five of the six global bio-ag companies; and a large number of grower cooperatives, food processors and emerging technology innovators.

Area ag tech companies have earned nearly $750 million in financial exits in the past 18 months, a sign of the Sacramento region’s strength as an incubator for globally relevant ag tech innovation.

The Sacramento clean tech sector in 2013 hit a new record of more than $2.2 billion in total revenue for the 99 identified companies, a five percent increase over the previous year, while employment grew to more than 3,400 employees, representing six percent growth. Total clean tech employment in 2013 was five times higher than the 650 jobs SARTA identified in 2004.

Industry analyst Clean Edge also recently identified the Sacramento region as the #6 most active clean tech metropolitan area, ahead of Boston, Austin and Chicago but below the top three of San Francisco, San Jose and Portland.

“With the clean tech job and revenue growth we’ve seen over the past ten years, we’re increasingly confident that we’ll soon hit our goal of 10,000 jobs,” said Gary Simon, SARTA CleanStart chair. “The region now has an unbroken six-year record of growth in jobs and revenue in clean tech companies.”

“We’re proud of the tech sector’s growth but even more excited about what it means for Sacramento’s future,” said Meg Arnold, SARTA CEO. “We expect continued growth and are confident that the tech industry’s role in our regional economy will expand significantly moving forward.”

The SARTA TechEdge event was attended by more than 600 and featured a keynote address by Andy Miller, president and chief operating officer of San Francisco-based Leap Motion™ and a member of the Sacramento Kings ownership group.

SARTA was established as a 501(c)(3) non-profit organization in 2001, and is accelerating the growth and development of the technology sector in the nine-county Sacramento region by linking technology leaders, entrepreneurs, investors, service providers, community organizations and educational institutions. For more information, visit sarta.org.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
All organizations that did not originate this moment have a pre-existing culture as well as legacy technology and processes that can be more or less amenable to DevOps implementation. That organizational culture is influenced by the personalities and management styles of Executive Management, the wider culture in which the organization is situated, and the personalities of key team members at all levels of the organization. This culture and entrenched interests usually throw a wrench in the work...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infrastructure through automation. Ayehu solutions have been deployed by major enterprises worldwide, and currently, support thousands of IT processes across the globe. The company has offices in New York, California, and Isr...
Tintri VM-aware storage is the simplest for virtualized applications and cloud. Organizations including GE, Toyota, United Healthcare, NASA and 6 of the Fortune 15 have said "No to LUNs." With Tintri they manage only virtual machines, in a fraction of the footprint and at far lower cost than conventional storage. Tintri offers the choice of all-flash or hybrid-flash platform, converged or stand-alone structure and any hypervisor. Rather than obsess with storage, leaders focus on the business app...
Addteq is one of the top 10 Platinum Atlassian Experts who specialize in DevOps, custom and continuous integration, automation, plugin development, and consulting for midsize and global firms. Addteq firmly believes that automation is essential for successful software releases. Addteq centers its products and services around this fundamentally unique approach to delivering complete software release management solutions. With a combination of Addteq's services and our extensive list of partners,...
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform and how we integrate our thinking to solve complicated problems. In his session at 19th Cloud Expo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and sh...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
For organizations that have amassed large sums of software complexity, taking a microservices approach is the first step toward DevOps and continuous improvement / development. Integrating system-level analysis with microservices makes it easier to change and add functionality to applications at any time without the increase of risk. Before you start big transformation projects or a cloud migration, make sure these changes won’t take down your entire organization.
WebRTC is about the data channel as much as about video and audio conferencing. However, basically all commercial WebRTC applications have been built with a focus on audio and video. The handling of “data” has been limited to text chat and file download – all other data sharing seems to end with screensharing. What is holding back a more intensive use of peer-to-peer data? In her session at @ThingsExpo, Dr Silvia Pfeiffer, WebRTC Applications Team Lead at National ICT Australia, looked at differ...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain.