Tech Strategy Report

THE WHY

TALENT

ECOSYSTEM

GROWTH

RESOURCES

Digital Transformation Connecting Businesses & Tech Attract & Grow Existing Tech Market Tech Hub

Overview

Surges in remote work, increases to cost of living, inflation, environmental concerns, natural disasters, and other factors have prompted tech workers and companies to relocate outside the traditional tech strongholds. For most of recent history, tech firms were clustered in a handful of superstar metropolitan areas along the coasts, with only a handful of “rising star” regions including Salt Lake City, Denver, and Nashville gaining traction. Both research and anecdotal reports suggest the COVID-19 pandemic and other economic trends may have begun altering that trend and could prompt a diffusion of tech firms and talent across the country.

Plus-Circle

Metro Areas Share of U.S. Tech Job Postings

Source: Brookings Report: Superstars, Rising Stars, and the Rest: Pandemic Trends and Shifts in the Geography of Tech. March 2022.

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