Monthly Archives: July 2017

Salt Lake City among top cities for tech talent growth, ranking #3 on CBRE’s Annual List of Tech Momentum Markets

CBRE’s Scoring Tech Talent report also rates Salt Lake City as the #10 lowest cost market, based on one-year wage and rent obligations Salt Lake City, UT—July 26, 2017—Salt Lake City ranked #3 on CBRE’s list of tech talent momentum markets, a measurement of the change in tech job growth, as part of its fifth annual Scoring Tech Talent Report, which ranks 50 U.S. and Canadian markets according to their ability to attract and grow tech talent. Salt Lake City was also ranked as the #10 lowest-cost market based on one-year wage and rent obligations. The report, which can be [...]

By |2018-11-13T22:05:58+00:00July 27th, 2017|

Overstock.com named Utah’s largest tech company

You've likely heard of tech giants Amazon and Apple, but what about Foundant Technologies and Pedigree Technologies? They may only have $4 million and $9 million in yearly revenue, respectively, but they are the largest tech companies in their home states of Montana and North Dakota. Data from the 2016 Fortune 1000 List and Inc. 5000 List, compiled by Utopia, shed light on which tech companies pull in the most money across the entire US. Here's how the breakdown looks. -Business Insider

By |2018-11-13T22:05:37+00:00July 27th, 2017|

Ivanti aquires Boston-based RES Software

South Jordan-based Ivanti has acquired RES Software, the company said in a recent release. Avanti adds the digital workspace software developer to its own IT digital workspace integration and management products and services. RES has its corporate office in Boston and additional offices worldwide. RES Software’s flagship offering addresses user environment management and identity governance across physical, virtual, and cloud environments via its converged platform, Avanti said. “We’re excited to further expand Ivanti’s extensive product portfolio and continue to broaden our team globally with RES Software,” said Steve Daly, CEO of Ivanti. “Ivanti welcomes RES Software and its employees to [...]

By |2018-11-13T22:05:35+00:00July 25th, 2017|

DigiCert Survey Shows Enterprises Integrating Security Teams into DevOps

LEHI, UT (July 19, 2017) — DigiCert, a global leader in scalable identity and encryption solutions for enterprise and Internet of Things (IoT) security, today announced the results of its 2017 “Inviting Security into DevOps Survey,” which reveals that 98 percent of enterprises are integrating their security teams into their existing DevOps methodologies. Or, at least they’re trying to. Their goal is to increase information security, IT agility and development agility. However, they face several challenges, including the amount of time required, and cultural differences among the security, IT and DevOps roles. “Going faster introduces security risks, while maximizing security [...]

By |2018-11-13T22:03:52+00:00July 19th, 2017|

Utah’s Employers Council Releases 2017 Utah Benchmark Compensation Survey

Utah Employers Council recently published a job compensation survey, designed to help Utah organizations keep current and competitive with employee salaries. The 2017 Utah Benchmark Compensation Survey, which is available for purchase or through council membership, provides a snapshot of state and regional salary policies, including base salaries, average percent pay increases and hiring rates for a range of Utah jobs. Recent survey data showed that the average salary increase for all Utah regions and organizations surveyed, did not jump significantly, going from three percent in 2016 to 3.2 percent in 2017. The average hiring wage for full-time, inexperienced entry-level [...]

By |2018-11-13T22:06:18+00:00July 6th, 2017|

Sorenson launches new firm for software & securities investment

Salt Lake City-based Sorenson Capital has announced the formation of Sorenson Ventures, a new investment group focused on early-stage enterprise software and security investments. With the establishment of Sorenson Ventures, Ken Elefant joins the company as managing director. He will be spearheading investment efforts for Sorenson Ventures along with Rob Rueckert, Sorenson Capital managing director. Elefant joins Sorenson Ventures from Intel Capital, where he previously served as managing director of the software and security group and vice president of Intel Corp. Elefant has led investments in numerous technologies, including Carbon Black, Forescout and Prolexic, which was acquired by Akamai. Prior to joining [...]

By |2018-11-13T22:05:59+00:00July 3rd, 2017|

Global trade is economy booster for Utah, say ‘Solutions’ speakers

Acknowledging that global trade has hurt some workers in Utah, Salt Lake County Mayor Ben McAdams recently said that it ultimately can boost economic opportunity for all. Speaking at the Metro Solutions event, McAdams and others pushed for a regional approach that gets more companies and more industries involved in exporting and more foreign direct investment coming into the area. “We know that the shift to a global economy has not come without some pain, particularly for those employees in manufacturing and other sectors right here in the United States but also right here in the Salt Lake Valley,” McAdams [...]

By |2018-11-13T22:03:53+00:00July 3rd, 2017|