The second fastest growing tech hub in the United States.

Our region’s technology sector includes what most people think of when they think of “tech:” software developers, hardware manufacturers, and telecommunication companies.

Some of the fastest growing segments in the Triangle are in fields such analytics, nanotechnology, Internet of Things (IoT), photonics, and wearables.

Overhead view of a person sitting at a desk with a laptop and two monitors.

Technology at a Glance

There are 3,916 technololgy companies in the region.
There are 59,900 people employed in technology in the region.
The average annual earnings in technology are $121,000.
Technology contributes 14.6 billion dollars to the Gross Regional Product.
Technology has a 3.1 percent 1-year growth rate.
Technology has a 17.6 percent 5-year growth rate.

Technology Companies Located in the Triangle

(Partial List)

Company Highlight

Ipreo

Ipreo by IHS Markit opened its office in downtown Raleigh (Wake County) in 2013 to access the strong talent pool in the Research Triangle Region. The company, which is a global financial services, data and analytics firm, has since grown its local presence to more than 350 people. The company’s most recent expansion announcement (April 24, 2018) of an additional 250 jobs will allow it to enhance its offerings in financial software, capital markets intelligence, and real-time data and analysis solutions.

“The depth and breadth of talent in the local market and educational infrastructure continue to be compelling, and we are very proud of what we have been able to achieve locally to help drive the growth of our business globally.”

— O’Hara Macken, Global Head of Corporate Solutions and North Carolina Site Lead

IPREO. We powe the networks that connect capital to ideas.

IHS Markit is a leader in critical information, analytics and solutions for major industries and markets worldwide.

Technology News

NC State Helps Drive Economic Development
in Raleigh, Across North Carolina

November 21, 2022
Following a year of record-breaking economic development successes, business and community leaders came together at the Raleigh Chamber’s annual meeting Sept. 15 in downtown Raleigh. In his remarks as outgoing board chair, Kevin Howell, NC State vice chancellor for external affairs, partnerships and economic development, reflected: “The Chamber has generated incredible momentum for the region, and the team’s work has resulted in truly impactful accomplishments.”