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EDCUTAH INDUSTRY PROFILE | FY 18-19 INFORMATION TECHNOLOGY IN MAJOR UNIVERSITIES AND COLLEGES MAJOR EMPLOYERS

ON THE COVER 1 4 Westminster College 6 University 8 1 Inovar The Overstock Peace Coliseum 2 5 Salt Lake 7 9 2 Control4 Community College Overstock.com’s Peace Coliseum global headquarters, located 3 3 Health Catalyst in Midvale, Utah, was completed in the Summer of 2016. The 4 231,000 square-foot facility was designed to be an open, A 5 SalesForce welcoming space that sparks creativity and innovation. 6 Symantec 7 Workday

8 Instructure

LOGAN 9 Jet.com 1 1 1 B 10 MasterControl

11 SanDisk

12 SoFi

13 Overstock

14 inContact OGDEN 15 AdvancedMD 2 2 16 HireVue 17 Ivanti (Formerly LANDESK) 18 Lucid 3 4 5 3 A

B 19 eBay 13 4 20 C 14 19 20 21 22 21 Proofpoint 5 D 22 Thumbtack 35 6 36 37 23 Adobe

PROVO 24 Ancestry 7 E 25 DigiCert

26 Entrata

27 IM Flash Welcome to Technologies 28 MaritzCX D 29 Microsoft

Industry • In 2015, Utah’s post-performance tax incentives 30 Oracle • Utah is proud to be home to companies like Adobe, facilitated nearly 25,000 new jobs and more than 31 Podium Ancestry, Domo, IM Flash Technologies, , $65M in new state revenue. 32 Solutionreach and many others. Utah is one of the top states in the 33 Workfront 34 Xactware nation for information technology employment, with an • In 2018, the Tax Foundation ranked Utah’s Total Tax Climate as the 8th best in the nation. Since 2011, 35 DOMO impressive employee base of more than 60,000. 36 Utah has eliminated or modified nearly 400 business Jive 37 SecurityMetrics MOAB • Just two of Utah’s efforts to align education and regulations to ease the burdens placed on businesses. 38 InsideSales.com

industry are the Utah Technology Council (UTC), E 39 Workforce (formerly ) and the Utah Data Center Consortium (UDCC) 40 Qualtrics which supports the growth and sustainment of Utah’s • Utah has high employee concentrations of Software burgeoning Data Center Industry. Developers, Web Developers, and Information Research Scientists, and many other • Utah’s tech sector has been referred to as the next IT related occupations. 7 8 “”, ranking second in the nation in fastest- growing states for tech jobs at an • With 11 major institutions offering programs related increase of 6.8% in 2016. to Software and IT, Utah has a wealth of Software and Information Technology education resources.

Business Climate • Utah has over 5,300 IT related companies that call Utah 8 9 • Forbes Magazine recognized home. In particular, Utah has an abundance of Software ST. GEORGE Utah as “The Best State for Development companies, with more than 10,400 people Business” six of the past eight employed in the industry and growing rapidly. years, ranking 3rd in 2018.

APPLIED TECHNOLOGY COLLEGES

1 Bridgerland ATC 4 Tooele ATC 7 Southwest ATC

2 Ogden-Weber ATC 5 Mountainland ATC 8 Dixie ATC

3 Davis ATC 6 Uintah Basin ATC EDCUTAH INFORMATION TECHNOLOGY PROFILE EDCUTAH.ORG Updated Oct. 2018 Major Information Technology Employers

COMPANY EMPLOYEES DESCRIPTION

Adobe 1000-1999 Adobe provides creative, marketing, and document solutions through a suite of software One of Utah’s four map #23 programs and cloud platforms. “Unicorn” companies, DOMO has quickly grown into a software AdvancedMD 250-499 AdvancedMD provides cloud solutions and comprehensive medical office software for powerhouse on the “Silicon Slopes.” map #15 independent physicians and their staff.

Ancestry 1000-1999 Ancestry is the world’s largest online resource for family history, and helps pioneer the map #24 market for online family history research.

Control4 250-499 Control4 provides automation systems for homes and businesses, offering personalized map #2 control of lighting, audio, video, temperature, security, communications and more.

DigiCert 250-499 DigiCert is a cyber security provider for identity, authentication, and encryption map #25 protection for the web and IoT devices.

Domo 500-999 Domo is a business software developer aimed at providing a data platform for easy map #35 access and decision making.

eBay 1000-1999 eBay’s Utah locations offer customer service, technology development for software tools, map #19 and operations that include human resources and the legal and finance departments.

Entrata 500-999 Entrata is a property management software provider offering a single-login, open-access map #26 Platform as a Service (PaaS) system, and a variety of online tools for their clients.

Health Catalyst 250-499 Health Catalyst is a data warehousing, analytics and outcomes-improvement company map #3 that assists healthcare organizations improve clinical, financial, and operational outcomes.

HireVue 250-499 HireVue provides team acceleration software—combining digital video with predictive map #16 analytics—to help companies build and coach higher performing teams.

IM Flash 1000-1999 IM Flash Technologies, a joint venture between and Micron, manufactures and Technologies map #27 develops flash memory used in mobile phones, hard drives, tablets, and .

inContact 500-999 inContact is a contact center cloud-based software company that helps organizations map #14 transform their customer experience into a business-driving competitive advantage.

Inovar 250-499 Inovar is a complete EMS company with service lines spanning from full-scale product map #1 design to end-customer fulfillment.

InsideSales.com 250-499 InsideSales.com offers a sales platform built on Neuralytics, a predictive and prescriptive map #38 self-learning engine to aid sales rep performance and provide buyer personalization.

Instructure 500-999 Instructure offers software aimed at making teaching and learning easier. More than 1,600 map #8 universities, school districts, and institutions around the world use Instructure products.

Ivanti (Formerly 250-499 Ivanti (Formerly LANDESK) is the only company with solutions in the 4 Gartner Magic LANDESK) map #17 Quadrants, composing End-to-End Service Management.

Jet.com 250-499 Jet.com is an online retailer that focuses on buyer transparency and creating efficiencies After seeing exponen- map #9 to lower costs. tial growth, Entrata needed more space and chose Lehi, Utah Jive 500-999 Jive provides enterprise-grade Hosted VoIP and Unified Communications to businesses to spread its legs, fur- map #36 and institutions. ther cementing Silicon Slopes as a formidable technology hub. Lucid 250-499 Lucid Software is a provider of cloud-based visual . Lucidchart and Software map #18 Lucidpress are two programs used by more than 9 million users in over 175 countries.

= Headquartered in Utah *SOURCE: Utah Department of Workforce Services

EDCUTAH INFORMATION TECHNOLOGY PROFILE EDCUTAH.ORG COMPANY EMPLOYEES DESCRIPTION

MaritzCX 100-249 MaritzCX helps organizations increase customer retention, conversion and lifetime value map #28 by ingraining customer experience intelligence and action systems into business operations.

250-499 MasterControl provides GxP process and document management software and a web Pluralsight is another MasterControl of Utah’s “Unicorn” map #10 based platform for the life sciences industry. companies, and spe- cializes in business training software, all Micro Focus 250-499 Micro Focus, a member of the FTSE 250, provides software that allows companies to from its headquarters (formerly Novell) map #39 improve the business value of their enterprise applications. in Utah.

Microsoft 100-249 Microsoft’s Utah locations are primarily composed of engineering and software develop- map #4, 29 ers engaged in the development of new Microsoft products.

Oracle 100-249 Oracle engineers hardware and software to work together in the cloud and in the data map #30 center–from servers and storage, to database and middleware, through applications.

Overstock 1000-1999 Overstock is an online retailer that offers its customers an opportunity to shop for bargains map #13 conveniently, while offering its suppliers an alternative inventory distribution channel.

Pluralsight 500-999 Pluralsight is an e-learning company providing professional technology learning in 4,800+ map #20 courses authored by experts in software development, IT, and creative.

Podium 100-249 Podium is an online reviews and reputation management company that helps businesses map #31 manage and analyze their customer interactions.

Proofpoint 100-249 Proofpoint is a cyber security company specilizing in advanced threat protection, infor- map #21 mation protection, email protection, and social media protection.

Qualtrics 500-999 Qualtrics is an online survey, market research, and consumer and employer feedback map #40 software developer.

SalesForce 100-249 Qualtrics is an online survey, market research, and consumer and employer feedback map #5 software developer.

SanDisk 250-499 SanDisk flash memory technologies are used by many of the world’s leading data centers map #11 and are embedded in the most advanced smartphones, tablets, and laptops.

SecurityMetrics 250-499 SecurityMetrics is a leading provider and innovator of computer and network security, map #37 payment data security, and compliance for businesses worldwide.

SoFi 250-499 SoFi is a technology based financial service company that specializes in refinancing and map #12 consolidating debt to help customers take control of their finances.

Solutionreach 500-999 Solutionreach is a software development company devoted to providing patient relation- map #32 ship management for healthcare providers.

Symantec 500-999 Symantec is a provider of security, storage, and systems management services, helping map #6 businesses and consumers to secure and manage their information platform.

Thumbtack 100-249 Thumbtack is a software technology company that provides a platform for linking together map #22 local commerce directories.

Workday 250-499 Workday is a cloud-based software developer that creates enterprise finance and human map #7 resources software platforms for businesses. Qualtrics is currently Utah’s most valuable private tech company, Workfront 250-499 Workfront is a cloud-based software developer that creates enterprise work and project valued at over $2.5 Bil- map #33 management software platforms for businesses. lion and growing. The innovative survey com- pany operates from Xactware 500-999 Xactware provides computer software solutions for professionals involved in estimating their new headquar- ters in Provo, Utah. map #34 all phases of construction building and repair.

= Headquartered in Utah *SOURCE: Utah Department of Workforce Services

EDCUTAH INFORMATION TECHNOLOGY PROFILE EDCUTAH.ORG Recent Announcements

Centrify Chooses to Expand and Grow Engineering Team in Utah (2018) Centrify is expanding its presence in Utah and growing its engineering team, adding up to 200 jobs, $2.7 million in new state revenue, and an estimated $4.5 million in capital investment. Centrify delivers Zero Trust Security through the power of Next-Gen Access. Centrify verifies every user, validates their devices, and limits access and privilege. Centrify also utilizes machine learning to discover risky user behavior and apply conditional access–without impacting user experience.

Facebook Announces New Data Center (2017) In June, 2017 announced their plans to build a 1 million-square-foot data center in Eagle Mountain, UT, bringing $750 million in capital investment. Facebook’s investment includes more than $100 million in infrastructure, including a new electrical substation that will bring 1,000 magawatts of new power delivery capacity to the region to support additional economic development in Eagle Mountain and surrounding the area. The data center in its first phase would increase property tax currently collected for the 490-acre site by 12,000 times.

Snapchat Chooses Utah for Future Expansion (2017) Snapchat will expand operations to Utah, adding up to 50 new jobs. Snapchat is an innovative camera application that helps people communicate through short videos and images. The company’s expansion in Utah will focus on expanding its engineering teams, specifically focusing on camera technology and augmented reality.

AvidXchange Expands in Utah (2017) AvidXchange is expanding its Utah operation, adding up to 218 jobs to the community, nearly $1.8 million in new state revenue, and $3.5 million in capital investment. AvidXchange is a leading provider of accounts payable and payment automation solutions for midmarket businesses with more than 6,000 customers nationwide. The company’s automation software increases control and visibility in the invoice payment process to reduce processing time, maximize efficiency and lower processing costs for payables.

Pluralsight Chooses to Expand at Home (2017) Utah-based Pluralsight is expanding in the state, adding approximately 2,400 jobs, $86.2 million in new state revenue, and an estimated $371.7 million in capital investment. Founded in 2004, Pluralsight offers on-demand, digital technology learning tools, including more than 6,000 expert-authored technology courses, adaptive skill tests, custom curriculums for individuals and businesses, and live mentoring.

Adobe expands in Lehi, UT (2017) Adobe will add up to 1,260 new high-paying jobs in Lehi and an initial estimated $90 million in capital investment to Software giant the state. A previous recipient of a post-performance incentive from GOED, Adobe is receiving a new incentive for its Adobe will substan- tially expand its Utah additional investment in the state and creation of new jobs. Adobe will embark on a “Phase 2” building in Lehi and working presence, announcing plans to build a new space expansion within its current Lehi building, adding capacity for approximately 1,260 employees over the next 20 $90 million facility in addition to the $74 years. The projected new state wages over the life of the agreement are expected to be approximately $2.3 billion. Projected million facility already completed in Lehi, UT. new state tax revenues, as a result of corporate, payroll and sales taxes, are estimated to be $85.8 million over 20 years.

EDCUTAH INFORMATION TECHNOLOGY PROFILE EDCUTAH.ORG Cost Profile

Occupational Wages in Information Technology

$180K SOURCE: Bureau of Labor Statistics, May 2017

150 $184,860 $161,830 $161,830 $165,595 $165,595

120 $150,120 $144,200 $139,220 $127,770 $127,770 $124,900 $124,900 $121,210 $87,190 $87,190 $124,730 $124,730 $121,660

90 $118,750 $115,310 $111,390 $111,390 $76,880 $76,880 $107,720 $107,720 $101,510 $101,510 $97,940 $97,940 $101,790 $68,660 $67,990 $67,990 $62,130 $62,130 $62,100 $62,100 $94,320 $93,620 $93,620 $90,720 $90,720 $89,340 $89,340 $88,270 $88,940 60 $87,270 $83,420 $82,620 $82,240 $77,570 $77,570 $75,650 $75,650

30 OREGON NATIONAL UTAH UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL CALIFORNIA UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL TEXAS WASHINGTON

Information Technology Industry Computer & Information Computer Systems Analyst Computer Programmer Software Developers, Applications Web Developers Average Wage Systems Manager

Real Estate

Other Comparative Wages in Information Technology $240 SOURCE: RSMeans $24 SOURCE: Loopnet

200 20

OCCUPATION UTAH CALIFORNIA OREGON TEXAS WASHINGTON NATIONAL $23.78 160 16 Computer & $18.33 $18.72 $191.82 $17.77

120 $166.80 12

Information $165.47 $163.26 $163.26

Research Scientist $93,830 $123,130 $143,900 $105,680 $127,050 $114,520 $15.27 $135.05 $135.05 80 $144.78 8 N/A 40 4 Software Developers UTAH CAL. OREGON TEX. WASH. NAT. UTAH CALIFORNIA OREGON TEXAS WASH. Systems Software $101,130 $124,190 $106,640 $107,340 $117,280 $107,600 Office Construction ($/sq.ft.) Office Lease ($/sq.ft.) Utilities Database 18¢ $12 SOURCE: Energy Information Administration, Administrators $94,180 $95,500 $85,460 $88,290 $101,180 $87,020 April 2018 15 10 $8.92

Network & $7.78 Computer 12 10.47¢ 8 14.83¢ 8.98¢ 8.86¢ 8.32¢ 8.21¢

Systems $8.29 $7.93

9 6 $7.76

Administrator $77,600 $92,290 $77,740 $86,170 $86,150 $81,100 $7.42 6 4

3 2 UTAH CALIFORNIA OREGON TEXAS WASH. NATIONAL UTAH CALIFORNIA OREGON TEXAS WASH. NAT. Architect $100,960 $125,190 $113,530 $116,280 $92,830 $104,650 Electricity / Commercial (¢/kWh) Natural Gas / Commercial ($/1000 Feet3) Taxes Computer User $2000 10% Support Specialist $46,740 $59,430 $49,420 $49,430 $55,130 $50,210 SOURCE: taxfoundation.org $1,518 $1,451 $1,409 1600 $1,404 8%

Computer Network $1,731 Support Specialist $55,570 $72,080 $58,400 $68,290 $69,680 $62,340 1200 $976 6%

800 4%

Computer N/A N/A Occupations, 400 2% CALIFORNIA NATIONAL WASHINGTON UTAH TEXAS TEXAS UTAH CALIFORNIA OREGON NATIONAL

All Other $76,160 $94,070 $78,210 $87,960 $86,480 $88,510 OREGON Flat Rate 5% Flat Rate 8.84% Flat Rate Top 7.6% GRT* GRT* Rate 6.33% Flat

Property Tax (Collections per capita) Corporate Income Tax

EDCUTAH INFORMATION TECHNOLOGY PROFILE EDCUTAH.ORG * GRT = Gross Receipts Tax. Businesses are taxed on ALL business sales transactions instead of corporate income. Utah Data Center Tonaquint Consortium (UDCC) Data Center C7 Data ViaWest Centers Cybersecurity Research Lab Fibernet Brigham Young University Areas of Excellence Voonami CenturyLink IQ Networking 1 The Utah Data Center Consortium (UDCC) is an organization that supports the growth and sustainment of Utah’s burgeoning Data Center Industry. EdgeConneX 2 The Utah Technology Council is Utah’s premier professional association for over 5,000 high tech, clean tech and life science companies. Syptec University 3 Silicon Slopes was created to promote Utah’s growing technology community by providing resources for of Utah technology and life sciences companies, investors, and job seekers. They also track investors and their activity, including deal flow in Utah.

WestHost SanDisk HireVue

Southern Utah Biotechnology Weber State Utah State University Innovation University University Organization (BIO) Utah Telecommunication Ancestry Open Infrastructure Microsoft Agency (UTOPIA) Data Micro Focus (formerly Novell) Centers

Google MasterControl Lucid Software Fiber

SalesForce

eBay Data Center

Mozy Adobe Systems

Oracle

Silicon Software Slopes Wahoo Publishing Studios Made in 8fish Utah (MIU)

Move Evans & Networks Sutherland

SolutionReach

Bend Entertainment Arts Reality & Engineering Program University of Utah

Utah Valley Domo Univerity Smart Bomb Interactive Electronic Arts Neumont Instructure University Issimo Productions Adven Dixie State Ivanti Integrated University

Fusion Media Digital Salt Lake Westminster Community Thumbtack Xactware College Sandman College Qualtrics Studios Media

Lightstone Oracle Pictures Utah Technology Council (UTC) Solo The Dimension Effects Edge LINE KEY

Eat Companies Accelerators Infrastructure Educational Institutions Sleep Electronic Play Arts Mobile Rider

EDCUTAH INFORMATION TECHNOLOGY PROFILE Strata EDCUTAH.ORG Education & Labor

A State of Education The Labor Picture Utah is home to 12 major colleges and universities and has an excellent talent pipeline of over 307,000 students. Utah’s labor force is well educated, growing, and affordable. Utahcreated nearly 40,000 jobs in 2017 and maintained Bachelor’s and graduate awards grew by 30.8% over the last five years. Utah has an educated workforce, with over one of the highest job growth rates in the nation throughout the year. Utah is the youngest state in the nation with a 91% of the population 25 or over with a high school diploma and over 32% with a bachelor’s degree. median age of 30.7 and has an average wage of $46,068, which is 15% lower than the national average.

INFORMATION TECHNOLOGY EMPLOYMENT INDEX

2016-17 TOTAL STATEWIDE ENROLLMENT & DEGREES Software Publishing Industry 265 307,211 Computer & Information Research Scientists 238 47,385 Enrollment Degree Computer Programmers 142 This graph represents an index 70,000 140,000 210,000 280,000 350,000 based on location quotients Web Developers 134 showing the large concentration SOURCE: Utah System of Higher Education of information technology related Computer Occupations, All Other 131 TOP THREE SCHOOLS FOR INFORMATION TECHNOLOGY occupations in Utah. Any occupation above the national Computer User Support Specialists 127 average of 100 demonstrates a Software Developers, Applications 127 competitive advantage in Utah.

Computer Network Support Specialists 104 Brigham Young 31% 83% Network and Computer Systems Administrators University 5-Year University Utah Valley 102 5-Year 50% Degree Degree 5-Year 2016 Enrollment Change of Utah University Change Degree 50 100 National 150 200 250 300 350 2,769 2016 Enrollment 2016 Enrollment Change Average 1,773 1,273 2016 439 2016 FIVE-YEAR EMPLOYMENT CHANGE Degrees Degrees 424 2016 270 Degrees UTAH 14.15%

NATION 7.73%

3 6 9 12 15

SOURCE: Bureau of Labor Statistics

Utah’s Silicon Slopes EAST IN PARK CITY With a low cost of living and a trove of tech talent streaming out of nearby universities, the 50-mile corridor south of Salt Lake City has SKULLCANDY become a hotbed of tech activity. The number of tech companies in the state, most of which are clustered in that valley has jumped 96% INSTRUCTURE HEALTH CATALYST to 4,338 over the past decade. BACKCOUNTRY.COM

FUSION-IO IM FLASH OVERSTOCK.COM

DOMO

MINDSHARE INCONTACT MOZY XACTWARE EXPERTICITY

RAKUTEN MEDIAFORGE MARITZ CX Xi3 CORPORATION

HIREVUE PLURALSIGHT SOLERA NETWORKS ANCESTRY.COM

MEDIACONNECT/VERISK HEALTH ADOBE SOUTH IN PROVO NORTH TO OGDEN SALT LAKE CITY

ENTRATA MX TECHNOLOGIES LANDESK CONTROL4 INSIDESALES.COM EBAY JANE.COM MICRO FOCUS

WORKFRONT ACCESS DATA

QUALTRICS

EDCUTAH LIFE SCIENCES PROFILE EDCUTAH.ORG EDCUtah questions? Project questions? Research questions? Call Theresa Foxley, Call Erin Farr, Call Michael Stachitus, President & CEO: Business Development Research Manager: 801-328-8857 Manager: 801-323-4253 801-323-4243

Have questions about the Information Technology industry in Utah? Call us at 1-800-574-8824.

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