Way back in 1959, local governments, universities, and businesses came up with the idea for Research Triangle Park. This vision set the path for the future of the Raleigh-Durham economy – and although the region has benefited over the years, the fruits of these economic efforts are really starting to bear fruit now – only 56 years later.
While it’s true that many tech companies opened headquarters or large operations in the Raleigh-Durham area years ago, this is different than the tech bubble of the late 90’s when companies were surviving on stock options without showing results. Many of today’s tech businesses are innovating at record levels and showing record profits to boot.
It’s hard to believe that less than a decade ago, Fayetteville Street in downtown Raleigh was a pedestrian mall – a veritable ghost town on weekends, no nightlife, and only scattered workers (mostly government) during the week. Today, Citrix and Red Hat are two of the major tech companies that call downtown Raleigh home, with more on the way. If your career doesn’t involve emerging technology, you could be missing out on a big opportunity. Raleigh-Durham Is truly experiencing a tech job shortage, with more jobs available than qualified applicants. According to a recent CompTIA survey, the majority of tech companies now say that IT certifications are more important than a college degree in their hiring processs.