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Phoenix is not the first location that comes to mind when one thinks of technology and innovation, often overshadowed by cities like Silicon Valley and Austin. However, it is evolving into a thriving center for tech, driven by a series of dynamic changes and investments. The city has long been home to a robust aerospace and defense industry, but the last decade has seen a heightened presence of technology companies and an expanding tech workforce.
Since 2018, Phoenix has witnessed a 17.2% growth in its tech talent workforce. Over the past few years, the number of technology companies in downtown Phoenix skyrocketed from 67 to more than 400, with expectations that the next five years will surpass the tech achievements of the last 20.