technology industries and occupations are some of the
fastest growing, with
the highest paying wages
worldwide. The state is establishing itself as
player in the high technology industry, making
a name as an alternative area to do business. Recent
and rankings in Wired, Red Herring, The Industry
Standard, and Money magazines, are just a few of
highlighting the state as a quality business location.
With a competitive position relative to some of
the nation’s more popular high technology
locations, skilled labor force, competitive wages,
operating costs, and an excellent quality of life,
the state is attracting many companies.
- Manufacturers and/or Sellers
of computer software, hardware, systems, telecommunication-related
products and services, and dot.com’s.
to the Utah Information Technology Association
(UITA), Utah’s high technology industry is Utah’s
largest growing industry, generating more than $7.7
billion in revenues in 1999, up 8.5% from 1998.
UTAH-SILICON VALLEY ALLIANCE
Even with this growth, the state is not becoming
complacent with its current high technology successes.
Public officials and private business leaders
are looking to strengthen the station’s position for the future. One
major initiative involves the Utah-Silicon Valley Alliance, which was created
to target two main goals: 1) create an environment that will attract and
retain venture capital funding; 2) to accelerate Utah’s emergence
as a technology center, providing an attractive grow-out location for high
Utah is conveniently located 2.5 hours by air travel
from half of the nation’s
population. The Salt Lake International Airport is located just 10 minutes
west of downtown Salt Lake City. Currently, 11 airlines provide 343 daily
flights to 68 destinations. Delta Air Lines
operates a hub in Salt Lake City.
QUALIFIED LABOR FORCE
- Utah’s high school graduation
rate is 90.7%, ranking 4th in the nation. (US
- Utah has nine public colleges and universities
and four private institutions of higher learning.
Of these, three are renowned research universities:
University of Utah, Brigham Young University and
Utah State University.
- The University of Utah ranks #4 in start-up companies
created through technology transfer. (1999 Association
of University Technology Managers, Autumn Licensing
- Utah is projected to have the
fastest college enrollment until the year 2007.
- Utah is ranked 11th in the percentage of civilian
scientists and engineers in the workforce; fifth
in education technology, based on number of classrooms
wired for the Internet and teachers with technology
training. (Progressive Policy Institute, The State
New Economy Index, July 1999)
- Utah’s higher academic
institution student concentration is one of
the highest in the nation
with more than 152,000 students attending colleges
and universities statewide. (Utah Board of
- Utah was named the top state
for computer ownership by the U.S. Department
of Commerce’s report
Falling Through The Net: Toward Digital Inclusion,
a report on America’s access to technology
tools, released October 16, 2000.
addition to Utah Technology information the Life
in the Life
in the Valley Magazine's online directory also
includes the following: