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Here is some quick tech news about the emerging tech city of Atlanta. The latest report has shown the placement of A total of 24 metro Atlanta companies last month made Deloitte’s list of the fastest-growing public and private tech companies, measured by revenue growth in percentage terms. … 5000 list of fastest-growing private companies in the U.S. in 2020, with revenue growth over three years of 48,377%.Dec 9, 2020people start with an About page that introduces them to potential site visitors.” Which brought much prosperity to many startup companies.
Atlanta ranks at #9 on CBRE’s Tech Talent Scorecard, part of its annual Scoring Tech Talent Report, which ranks 50 North American markets according to their ability to attract and grow tech talent.
Tech labor concentration – or the percentage of total employment – is an influential factor in how “tech-centric” the market is and its growth potential. Atlanta’s tech-talent labor pool is the ninth-largest nationally at 146,720 workers, which amounts to 5.3 percent of the overall Atlanta workforce, significantly higher than the national average of 3.7 percent. Atlanta has seen a 27.8 percent increase in the tech talent labor pool over the last 5 years.
Atlanta maintained its ranking as the 9th largest tech talent market in the U.S. However, Atlanta ranks 7th in the nation for overall total tech-degree completions with 7,731 in 2018, the latest year for which data is available. In addition, tech jobs added in the market outweighed tech degree completions by 647. This makes Atlanta a “brain gain” market as it is attracting tech talent from other markets to meet the growing employment needs of tech firms.
Atlanta’s tech market also ranks highly in terms of the overall labor quality to cost ratio. According to the report, Atlanta has a very high-tech talent labor quality at a moderate salary cost when compared to other markets. In addition, Atlanta has a significantly lower cost of living, with an average rent-to tech wage ratio of just 15.7 percent. To compare, New York City and Seattle’s rent-to-tech wage ratios are 43.9 percent and 18 percent respectively.
“It is not surprising that Atlanta’s tech talent and job market had robust growth through 2019, driven both by local startup growth and an increasing number of out-of-town tech companies expanding in Atlanta,” said Christian Devlin, CBRE’s tech & media practice leader in Atlanta. “We continue to see that tech firms are drawn to the Atlanta market for access to a very high-quality labor pool and an overall lower cost of doing business and of living than markets like San Francisco, New York, and Seattle. It has to be said that economic and labor market conditions are substantially different right now than at the close of 2019 due to the current pandemic. While this has caused a massive disruption in all markets across the country, the Atlanta tech industry is positioned to recover well.
One of our fastest-growing companies is the BU-Network. A social media company, that has had rapid growth after launching in October, of 2020. The New Social Media Platform BU-Network has arrived. BU-Network has acquired major recognition in the social media world and has created much anticipation around its launch. After launching its platform and corresponding app in October of 2020, many of its users have given it a five-star rating on its first rollout. This was based on the New Social Media App 2020 reviews by users for its usefulness, overall criteria, quality, uniqueness in the market, user interface, new interactive modules, and overall design.
A Social Media Platform
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