Georgia’s capital and premier city is gaining traction after the 2008 financial recession that left the city struggling to catch up in terms of growth. Their recovery in large part is due to their increasing presence within the technology industry. Microsoft, Worldpay, and Cardlytics among other big tech companies have set up their headquarters in the area. These corporations are reaping the benefits of low operation costs, tax breaks, and investment funding.
Fintech is the focus of many of Atlanta based companies, both big and small. Fintech firms support online financial services and transactions. Alternative monetary systems like Bitcoin, Apple Pay, and Square are becoming more and more popular with consumers and businesses alike. Atlanta is at the forefront of such exchange currencies and payment processing, having even been dubbed “Transaction Alley.”
Top notch tech-focused research facilities like Georgia Tech and Emory University can also be credited with the tech boom. Georgia Tech’s Venture Lab for example, helps students launch their own startups and has been an instrumental support program within the tech community. As a result, young talent is growing Atlanta’s population in groves. The U.S. Census Bureau recently credited them with the third most population spike out of all the other major cities, with about 5.8 million people now residing in the sprawling city.
Those looking to compete for software developing, programming, and computer support roles will find plenty of employment opportunities. Atlanta has always gleamed the spotlight as a business mecca and powerhouse city. However, now it’s specifically shaping up to be its own brand of Silicon Valley. What sets it apart from other successful tech based cities is an affordable housing market, historic character, and southern charm; making it an ideal landscape for encouraging tech focused innovation.
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