On Wednesday, May 24, the held its annual Las Vegas Perspective event, providing discussions on topics surrounding economic development data, analysis and forecasting for Southern Nevada.
Southern Nevada is consistently named one of the top business environments for technology companies. In addition to Nevada’s favorable tax climate, the region boasts an entrepreneurial culture with plenty of industry support, including co-working spaces and industry associations. Compared to other regions, median office, industrial, and residential rents are below at or national market average, making the region favorable for start-ups.
|Employment in Cluster||72,811|
|Regional Yearly Average Wage in Cluster||$54,142|
|Cluster Employment Growth (2014/15)||3.8%|
SOUTHERN NEVADA technology INDUSTRIES
REGIONAL AVERAGE WAGES
|Data Processing, Hosting, and Related Services||$68,967|
|Computer Systems Design Services||$87,317|
|Computer Facilities Management Services||$72,498|
Key Assets to the Technology Cluster
The Downtown Project’s goal and purpose is to help make downtown Vegas a place of Inspiration, Entrepreneurial Energy, Creativity, Innovation, Upward Mobility, and Discovery, through the 3 C’s of Collisions, Co-learning, and Connectedness in a long-term, sustainable way. Now that we are in year three of Downtown Project, we are owners and/or investors in over 300 businesses and legal entities which collectively employ more than 900 people. For many of our small businesses and tech companies, we are co-owners with the entrepreneurs that founded those companies. For operations that are 100% owned and operated by Downtown Project-affiliated entities, we directly employ over 300 people. www.downtownproject.com
The Innevation Center is a 65,000 square foot collaborative workspace and community event venue driving Nevada’s new “innevation” economy, donated to the community by Switch founder and CEO Rob Roy. Rob created The Innevation Center as a result of his passion for enabling a more diverse Nevada economy. Learn more about The Innevation Center here.
WIP is conveniently located in the heart of downtown Las Vegas. Membership includes 24/7 access to cool and inspiring workspaces that have everything you need to grow your business. WIP offers cool, functional and professional workspaces, multiple membership types with a large range of amenities, connection to a vibrant and supportive community, and access to a broad range of learning opportunities to accelerate business growth and professional development.
Learn more about Work in Progress here.
The Mill Idea Accelerator is a place to test your idea. They give you the tools and experiences to experiment, explore, and transform your good idea into a great business. Check out the mill here.
The Iron Yard exists to create exceptional growth and mentorship for people and their ideas through tech-focused education.
Through their broad, deep and growing network of teachers, programmers, designers, entrepreneurs, investors, employers and coworking spaces, they have developed a thriving community where serendipity happens en masse. Learn more about intensive coding courses here.
Large Tech Employers
Zappos started in San Francisco in 1999 and moved to Southern Nevada in 2004 with the help of the predecessor to the Las Vegas Global Economic Alliance. Since their move to Nevada, their business has grown by leaps and bounds. In Nevada, Zappos found a talented and versatile workforce focused on customer service and community initiatives. Amazon.com acquired Zappos in 2009, and in 2011, the company announced plans to move from their suburban Henderson campus to Downtown Las Vegas. In preparation for their move, Zappos CEO Tony Hsieh announced the creation of The Downtown Project, a $350M effort to transform Downtown Las Vegas into the most community-minded large city in America. The Downtown Project and its programs have incubated dozens of startups and made Las Vegas a destination for entrepreneurs. www.zappos.com
Switch, the developer of SUPERNAP data centers, is the revolutionary technology solutions company led by inventor and solutionist Rob Roy. As Founder and CEO he holds 218 patents and patents pending that have produced an essential and future-forward transformation in data center architecture, engineering, technology and operations. His vision also resulted in the creation of the SUPERNAP CORE Cooperative. It is the world’s only $3 trillion independent purchasing and collaboration ecosystem, guided by the company’s unique operating ideology called Truth in Technology. Designed by Rob Roy, the Switch SUPERNAP is the recognized world leader in colocation design, development and mission critical operations. www.supernap.com
High Tech Employers
2K Vegas is a studio subsidiary of 2K, a wholly owned publishing label of Take-Two Interactive Software, Inc., located in downtown Las Vegas, Nevada. The studio opened its doors in April 2013 as part of the revitalization of Downtown Las Vegas with hopes of attracting top talent to assist 2K in maintaining its position as an industry leader.
Machine Zone is the developer of the popular “Game of War” game. The technology company specializes in free-to-play mobile games and operates a state-of-the-art network operating center and secure data center.
InsureMonkey builds technology infrastructure that powers the management of health insurance, including eligibility, enrollment, financial management, and ongoing consumer account management. The fast-growing company is ranked as a top software and technology company in Nevada on Inc.com
VadaTech provides innovative embedded computing solutions that offer superior performance density for high-reliability requirements. Headquartered in Henderson, NV and providing a unique combination of electrical, mechanical, software, and system-level expertise, VadaTech provides commercial and rugged computing solutions for a wide variety of industries.