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
In his session at 18th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., will focus on real world deployments of DDoS mitigation strategies in every layer of the network. He will give an overview of methods to prevent these attacks and best practices on how to provide protection in complex cloud platforms. He will also outline what we have found in our experience managing and running thousands of Linux and Unix managed service platforms and what specifically c...
In his session at @ThingsExpo, Chris Klein, CEO and Co-founder of Rachio, will discuss next generation communities that are using IoT to create more sustainable, intelligent communities. One example is Sterling Ranch, a 10,000 home development that – with the help of Siemens – will integrate IoT technology into the community to provide residents with energy and water savings as well as intelligent security. Everything from stop lights to sprinkler systems to building infrastructures will run ef...
Redis is not only the fastest database, but it has become the most popular among the new wave of applications running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 18th Cloud Expo, Dave Nielsen, Developer Relations at Redis Labs, will shares the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Many private cloud projects were built to deliver self-service access to development and test resources. While those clouds delivered faster access to resources, they lacked visibility, control and security needed for production deployments. In their session at 18th Cloud Expo, Steve Anderson, Product Manager at BMC Software, and Rick Lefort, Principal Technical Marketing Consultant at BMC Software, will discuss how a cloud designed for production operations not only helps accelerate developer...
Manufacturers are embracing the Industrial Internet the same way consumers are leveraging Fitbits – to improve overall health and wellness. Both can provide consistent measurement, visibility, and suggest performance improvements customized to help reach goals. Fitbit users can view real-time data and make adjustments to increase their activity. In his session at @ThingsExpo, Mark Bernardo Professional Services Leader, Americas, at GE Digital, will discuss how leveraging the Industrial Interne...
The increasing popularity of the Internet of Things necessitates that our physical and cognitive relationship with wearable technology will change rapidly in the near future. This advent means logging has become a thing of the past. Before, it was on us to track our own data, but now that data is automatically available. What does this mean for mHealth and the "connected" body? In her session at @ThingsExpo, Lisa Calkins, CEO and co-founder of Amadeus Consulting, will discuss the impact of wea...
Whether your IoT service is connecting cars, homes, appliances, wearable, cameras or other devices, one question hangs in the balance – how do you actually make money from this service? The ability to turn your IoT service into profit requires the ability to create a monetization strategy that is flexible, scalable and working for you in real-time. It must be a transparent, smoothly implemented strategy that all stakeholders – from customers to the board – will be able to understand and comprehe...
Increasing IoT connectivity is forcing enterprises to find elegant solutions to organize and visualize all incoming data from these connected devices with re-configurable dashboard widgets to effectively allow rapid decision-making for everything from immediate actions in tactical situations to strategic analysis and reporting. In his session at 18th Cloud Expo, Shikhir Singh, Senior Developer Relations Manager at Sencha, will discuss how to create HTML5 dashboards that interact with IoT devic...
Struggling to keep up with increasing application demand? Learn how Platform as a Service (PaaS) can streamline application development processes and make resource management easy.
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
Artificial Intelligence has the potential to massively disrupt IoT. In his session at 18th Cloud Expo, AJ Abdallat, CEO of Beyond AI, will discuss what the five main drivers are in Artificial Intelligence that could shape the future of the Internet of Things. AJ Abdallat is CEO of Beyond AI. He has over 20 years of management experience in the fields of artificial intelligence, sensors, instruments, devices and software for telecommunications, life sciences, environmental monitoring, process...
The demand for organizations to expand their infrastructure to multiple IT environments like the cloud, on-premise, mobile, bring your own device (BYOD) and the Internet of Things (IoT) continues to grow. As this hybrid infrastructure increases, the challenge to monitor the security of these systems increases in volume and complexity. In his session at 18th Cloud Expo, Stephen Coty, Chief Security Evangelist at Alert Logic, will show how properly configured and managed security architecture can...
We’ve worked with dozens of early adopters across numerous industries and will debunk common misperceptions, which starts with understanding that many of the connected products we’ll use over the next 5 years are already products, they’re just not yet connected. With an IoT product, time-in-market provides much more essential feedback than ever before. Innovation comes from what you do with the data that the connected product provides in order to enhance the customer experience and optimize busi...
Unless you don’t use the internet, don’t live in California, or haven’t been paying attention to the recent news… you should be aware that self-driving cars are on their way to becoming a reality. I have seen them – they are real. If you believe in the future reality of self-driving cars, then continue reading on. If you don’t believe in the future possibilities, then I am not sure what to do to convince you other than discuss the very real changes that will roll out with the consumer producti...
A critical component of any IoT project is the back-end systems that capture data from remote IoT devices and structure it in a way to answer useful questions. Traditional data warehouse and analytical systems are mature technologies that can be used to handle large data sets, but they are not well suited to many IoT-scale products and the need for real-time insights. At Fuze, we have developed a backend platform as part of our mobility-oriented cloud service that uses Big Data-based approache...