Tampa Becoming Magnet For National, Global Tech Companies – Patch.com

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Tampa Becoming Magnet For National, Global Tech Companies – Patch.com

TAMPA, FL — Tuesday's announcement that advanced technology start-up Genesis Systems is moving its headquarters from Kansas City to Tampa underscores

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TAMPA, FL — Tuesday’s announcement that advanced technology start-up Genesis Systems is moving its headquarters from Kansas City to Tampa underscores the Tampa’s growing reputation as a national technology hub and incubator.

Earlier this month, Forbes magazine named Tampa the country’s top emerging tech city.

According to the latest “Scoring Tech Talent” report from the United States Commercial Real Estate Services, Tampa ranks ninth in U.S. markets for technical talent growth over the past five years, increasing 23.5 percent from 2016 to 2020.

Find out what’s happening in Tampa with free, real-time updates from Patch.

Tampa was also one of only 16 markets in the report and one of nine in the U.S. to have a positive “brain gain,” which, according to the report, illustrates that Tampa acts as a job creator, supplying jobs to tech workers that could not find employment in their metro area.

Another highlight for Tampa was its score for attracting millennials, a generation that represents the majority of the tech talent sector. Among all U.S. markets, Tampa ranked eighth in percentage gain of millennials, seeing a 14.5 percent increase since 2014.

Find out what’s happening in Tampa with free, real-time updates from Patch.

The CBRE expects this growth to continue as the pandemic increases migration into the Sun Belt markets.

Overall, the Tampa region ranked 33 on the Scoring Tech Talent report, just behind Orlando in the number 32 spot. South Florida and Jacksonville rounded out the other Florida regions in the top 50, ranking number 37 and 46, respectively.

That’s news that Tampa Mayor Jane Castor is shouting from the top of Tampa’s newly finished high-rise office towers that are quickly filling with tech companies.

“Despite the challenges of the past year, Tampa is still one of the most exciting cities in the country and our momentum for attracting new talent and recruiting top corporations hasn’t slowed down. If anything, it has accelerated,” Castor said.

According to Forbes, this reputation is evident in the number of software and IT companies that have moved to Tampa in the past five years. Tampa is now home to more than 50 software and IT companies.

Moreover, the city is responsible for more than 25 percent of Florida’s tech jobs, according to ITResources.

The Tampa Bay Economic Development Council said Tampa is on track to generate 2,000 new tech jobs this year.

And it’s not just software and IT companies.

In August, Fast, a growing fintech company headquartered in San Francisco, announced it is opening a Tampa office, which will serve as the company’s East Coast hub.

A start-up in 2020, Fast now employs 200 people and plans to double that number by the end of 2021, said Fast’s co-founder and CEO Domm Holland during a flashy news conference featuring Tampa Bay Lightning star Nikita Kucherov, Kevin Kiermaier of the Tampa Bay Rays and NASCAR driver Parker Kligerman.

He said Fast makes buying online faster, safer and easier for both buyers and sellers. Its Fast Login and Fast Checkout products enable a one-click sign-in and purchasing experience that makes it easier for people to buy and merchants to sell.

The company’s products work on any browser, device or platform either on a merchant’s own domain or through headless checkout on any other website. Fast invests heavily in its user privacy and security, with a Zero Fraud Guarantee on chargebacks for sellers.

Fast and Genesis Systems are just the latest tech firms that announced plans to open offices in Tampa. Over the past year, a number of tech companies have announced relocations or expansions to Tampa including:

  • OPSWAT, a global leader in critical infrastructure cybersecurity that helps protect the world’s mission-critical organizations from malware and zero-day attacks.
  • TrustLayer,which provides automated insurance verification.
  • Celsius Network, a cryptocurrency company.
  • International Data Corp., which provides market intelligence, advisory services and events for the information technology, telecommunications and consumer technology markets.

With its growing reputation for biomedical research at institutes like the Tampa General Hospital Office of Clinical Research, the University of South Florida Morsani College of Medicine’s research facilities and Moffitt Cancer Center & Research Institute, Tampa is also attracting healthy concentration of bioengineering talent.

In February, Pfizer, one of the world’s premier biopharmaceutical companies and the manufacturer of one of three globally accepted coronavirus vaccinations, announced plans to open a global capability hub in Tampa.

“Tampa is an ideal location for our latest multi-functional hub, which will provide exceptional work experiences for our colleagues and a diverse range of centralized capabilities for Pfizer to deliver its purpose – breakthroughs that change patients’ lives,” said Bill Carapezzi, executive vice president of global business services and transformation at Pfizer. “After conducting a comprehensive evaluation, we are excited by the opportunity Tampa offers and we look forward to becoming an integral member of the growing Tampa community.”

Pfizer’s new facility will be located just north of downtown Tampa in Heights Union, one of Tampa’s first Class-A office buildings in three decades.

Pfizer will join biotech and regenerative medicine company Axogen, which chose Tampa for its second headquarters in 2018 and will occupy three floors at Heights Union.

Over the past several years, Tampa has established itself as a top location for life sciences and health care companies, noted Craig Richard, president and CEO of the Tampa Bay Economic Development Council.

It started in 2013 when biopharmaceutical giant Bristol Myers Squibb announced it chose Tampa for a capability center. Johnson & Johnson followed in 2015 and global biotechnology company Amgen in 2017.

“This is great news for the Tampa Bay region and for Florida,” “Florida is clearly the perfect location for life science companies like Pfizer and the associated business functions that makes their success possible.””Tampa and Hillsborough County’s reputation for providing highly skilled talent across IT, finance, life sciences and health care functions makes it a perfect fit for these large capability centers,” Florida Secretary of Commerce Jamal Sowell said. “In fact, these three industry sectors are projected to see some of the largest growth over the next five years. This is truly a transformative project for our community with positive impacts that will be felt throughout our entire region.”

This was reiterated during a June 15 virtual panel of industry experts on pharma industry site selection, talent, research and manufacturing, moderated by Moffitt Cancer Center President & CEO Dr. Patrick Hwu and hosted by the EDC.

Bristol-Myers Squibb’s vice president of human resources and global product development, Chantal Veillon, said Tampa’s proximity to an international airport, seaport, rail and major highways are a major draw for pharmaceutical manufacturing companies.

Additionally, the research and clinical trials taking place at Moffitt, TGH and USF is a magnet for the bioengineering talent pharmaceutical companies are seeking, said Mark Cunningham, senior director of business operations and infrastructure strategy on the R & D strategy team at Janssen, a Johnson & Johnson company.

See related story: Company Working To Solve Global Water Shortage Relocates To Tampa

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