With three Washington DC Metro Area locations making it onto Amazon’s second headquarters shortlist, heads are now turning toward the Nation’s Capital, and Northern Virginia, as prominent technology hubs.
Truth is, both areas have been growing their tech reputations for some time. But unless you live in or near the area, you might not know that the state of Virginia now holds the second highest concentration of technology workers in the United States.
It might also be news that Northern Virginia is home to the largest collection of data centers in the country. Up to 70% of the world’s Internet traffic passes through Loudon County alone. Why Northern Virginia as the Nation’s data center capital? Reasons include fiber connectivity, the largest presence of colocation and cloud providers, affordable and reliable power, a temperate weather environment, but also a rock-solid business climate.
With Loudoun County dominating on data center proliferation, equally impressive is that neighboring Fairfax County plays home to more Fortune 500 headquarters than 30 US states and the District of Columbia. Freddie Mac, General Dynamics, Capital One, Northrop Grumman and Hilton Worldwide are all headquartered here. The county is also home to approximately 9,000 technology firms. Amazon Web Services, Dell, IBM, Oracle, Cisco, MicroStrategy, Microsoft and Oracle all have a presence in Fairfax County.
A Top Destination for Tech Talent
The growth of Northern Virginia and the greater Washington DC Metro Area shows no signs of slowing down. In the 2017 Kauffman Index of Growth Entrepreneurship, Virginia was the leader among all 50 states in growth entrepreneurship activity.
The DC Metro/Northern Virginia area also ranks high in a recent technology talent report, and comes in at the top for the percentage of women in the technology workforce (32% are female). An Investing in America’s Data Science and Analytics Talent Report also shows the DC Metro/Northern Virginia area as one of today’s booming markets for data science and analytics talent.
Calling Virginia our Technology Home
With all of the reasons above, it’s easy to see why MicroStrategy, with worldwide operations in 27 countries, calls Northern Virginia home. We were one of the early technology settlers, locating our headquarters here in 1994.
With Virginia’s governor on hand, MicroStrategy recently renewed its headquarters lease through 2030, announcing plans to invest $6 million in capital improvements and to hire hundreds of new employees.
Read more about MicroStrategy’s commitment to Virginia and its growth as a technology hub here.