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 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

New blood test targets Parkinson’s; Duke Health neuroscientists lead development

September 11, 2023
Researchers have developed a blood test that detects Parkinson’s disease, potentially establishing a way to help diagnose the condition before nervous system damage worsens. A new blood-based diagnostic test would be a major advancement for Parkinson’s disease, which afflicts 10 million people worldwide and is the second-most common neurodegenerative disease after Alzheimer’s. Led by a […]

Raleigh biotech startup making protein not sourced from animals raises $3.5M

September 11, 2023
Jellatech, a Raleigh-based biotech company, has announced an oversubscribed Seed round with $3.5 million raised. According to the SEC filing, eight investors were involved in the equity-only funding. The company, founded by Stephanie Michelsen in 2020, is focused on protein manufacturing, creating collagen that does not need to be sourced from animals. Applications include food […]

Triangle can be the Silicon Valley of the emerging Data Economy – here’s how

September 11, 2023
In the late-70’s and early 80’s North Carolina legislators recognized the importance of the emerging semiconductor market and invested into the Microelectronics Center of North Carolina to attract semiconductor firms to RTP. While there was some success, with Mitsubishi and Harris Semiconductor setting up shop, the battle for supremacy had already been lost to the […]