techy texas

Texas ranks as top state for tech workers

A new report ranks Texas as a top spot for tech workers. Photo via Getty Images

The Houston area can help wave Texas’ newly hoisted flag representing its status as the best state for tech workers.

A new study by IT service automation company SysAid analyzed several factors that affect a state’s desirability for tech workers, such as average internet speed and coverage, number of available tech jobs, and average industry salary compared with the state average. When all the data was tallied, Texas came out on top.

Here are a couple of data points that helped push Texas to the No. 1 position:

  • 31,110 tech jobs are available in the state, demonstrating significant demand for tech workers.
  • The typical tech salary is $103,370, more than double the state’s typical salary of $50,490.

As home to a bevy of tech companies like BMC Software, FlightAware, Hewlett Packard Enterprise, HighRadius, and NetIQ, the Houston area certainly contributes to the state’s No. 1 standing. According to a report released in 2021 by the Greater Houston Partnership and Houston Exponential, the more than 8,800 tech-related businesses in the region help generate $28.1 billion in local GDP.

Statewide, the tech sector pumps $142.8 billion into the economy, according to a recent report from CompTIA, a trade group for the tech industry.

Ranked behind Texas in the SysAid study are four states viewed as tech rivals:

  • California, No. 2.
  • New York, No. 3.
  • Virginia, No. 4.
  • Florida, No. 5.

“Jobs in tech and IT are becoming more in demand, with typically high salaries making the jobs desirable and free courses in coding making the industry more accessible. The data reveals that it is easier in some states to work in tech than others, with demand and salaries varying massively between states,” SysAid says. “Texas tops our list as the best state to work in tech, and it is fascinating to see that California, home to Silicon Valley, is not [at the] top.”

The CompTIA report shows nearly 791,000 people work in Texas’ tech sector. Texas ranks first among all the states for the number of tech jobs (10,851) added in 2021 and second for the size of its tech workforce (behind California). Texas also ranks second, behind Florida, for the number of tech businesses (1,807) launched in 2021.

CompTIA projects Texas will rank second this year, behind California, for the number of tech jobs added (21,303).

“Unlike other would-be innovation hubs, [Texas] has been quietly nurturing high-tech industry for decades. If Texas eventually rivals California, the consequences could be momentous, not just for industry, but for U.S. politics,” according to a Bloomberg opinion piece published in 2021.

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Building Houston

 
 

VR training startup, HTX Labs, has raised funding from an outside investor for the first time. Courtesy of HTX Labs

HTX Labs, a Houston-based company that designs extended reality training for military and business purposes, announced last week that it has raised its first outside capital.

The company has received a $3.2 million investment from Cypress Growth Capital. Founded in 2017, HTX Labs — developer of the EMPACT Immersive Learning Platform — has been granted funding from the Department of Defense as well as grown its client base of commercial Enterprises. The platform uses virtual and extended reality that "enables organizations to rapidly create, deploy, measure, and sustain cost-effective, secure, and centralized immersive training programs, all within engaging, fully interactive virtual environments," per a news release.

“We have been looking to secure outside capital to accelerate the growth of our EMPACT platform and customer base but we hadn’t found the right partner who provided an investment vehicle that matched our needs,“ says HTX Labs CEO Scott Schneider in the release. “We found everything we were looking for in Cypress Growth Capital. They have a non-dilutive funding model that aligns with our capital expectations and have the level of experience that really makes this smart money.

"Cypress has a decade-long track record of success in helping emerging software and services companies achieve scale," he continues. "It is clear that the team’s collective entrepreneurial and operating experience will be of tremendous benefit to us as we focus on expanding our customer base in a very intentional way.”

The fresh funding will go toward growing and scaling the company's operations — both within the current Department of Defense and expansion opportunities into key commercial markets, like heavy industry, manufacturing, and higher education. Additionally, the funding will support increased customer adoption.

“Scott and his team have built an exceptional business that is poised for dramatic growth,” says Cypress Partner Pat McCaffrey in the release. “HTX Labs’ modern, immersive training solution provides clients with a force multiplier for modernizing training and an unmatched ROI.”

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