Ohio is Gaining a Reputation as a High-Tech Hub
Will it impact what we do at Columbus Collaboratory?
In a recent interview with Ted Griffith, managing director of information technology at JobsOhio, Adam Burroughs of SmartBusiness discussed the growth of technology companies in Ohio. The main takeaway is that Columbus is an extremely attractive location for tech startups and enterprises thanks to lower operating costs, low risk of natural disasters, high-quality talent, and a centralized location that offers quick access to 60% of America’s populated locations.
“Many years ago, Ohio had the vision at the state level to invest $1.6 billion in Ohio Third Frontier, which spawned an ecosystem for entrepreneurs and startups to thrive. As a result, today the state has over 25 incubators and accelerators in its startup ecosystem,” says Griffith. “This is a strong community of people across disciplines who get together, talk and collaborate. It’s created a thriving culture of support for the tech community.”
At Columbus Collaboratory, we know this to be true, because it’s what we do every day.
In fact, our company recently secured nearly $14 million in funding from its founding member companies, including American Electric Power, L Brands, Cardinal Health, Nationwide, OhioHealth and Huntington National Bank to grow our ecosystem of collaborating companies and expand on our advanced analytics and cybersecurity solutions.
When companies like Amazon and Facebook dramatically expand their technology centers, new technology startups join our community, and leading companies relocate to Central Ohio we see new collaborative possibilities that will lead to even more innovative thinking in advanced analytics and cybersecurity.
Our rapid innovation process relies on a growing pool of participants, because collaboration empowers all of us to innovate faster than we could on our own. The more IT, cybersecurity and analytics experts come together, the more value Columbus Collaboratory is able to provide across the board.
“Ohio is seeing more companies choosing to invest in the state in recent years, says Griffith. “That’s led to clusters of IT companies, which in turn is helping to attract others. As that industry continues to build out in the state, more companies are interested in making Ohio home.”
We couldn’t agree more, and we look forward to collaborating with all of them.
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