“There are a few key tech areas that have begun to emerge in the past few years that aren’t necessarily Silicon Valley-like,” says Todd Thibodeaux, CEO of the tech industry group. “For internet-of-things tech, Texas’ smart cities have been at the forefront, while with cloud computing, that infrastructure is everywhere.”
One of the biggest drivers of the geographical shakeup is the advent of cloud computing. The server farms needed to support cloud infrastructure need cheaper land and electricity than what’s available in the Bay Area and have been built across the country, some in hubs like Loudon County Virginia’s Data Center Alley. The cloud has also contributed to significant logistical changes.
Labor market changes have also prompted companies to look beyond Silicon Valley. Local industries, like biomed in Boston or fintech in New York, have developed increasingly complex startup ecosystems with specialized talent pools that aren’t dependent on Silicon Valley professionals. Perhaps most significantly, lower taxes and cost of living outside of California have given employers modest relief in the incredibly tight tech labor market. Although HPE CEO Antonio Neri denied that lower taxes factored into its decision to move to Texas in an
with many people now working from there own home's is it any surprise that mr packard decided to do the same? NO