Charlotte Tech News

[Hornets]

Don't know when it's gonna happen, but I feel it's only a matter of time before there is Breaking News:. WELLS FARGO, relocating to Charlotte.  To much smoke there, and it just make sense.

[urbanlover568]

Google Says It's Achieved Quantum Supremacy, a World-First: Report

https://gizmodo.com/google-says-its-achieved-quantum-supremacy-a-world-fir-1838299829

 

Not really specific to Charlotte, but with Blockchain exploding/growing , 5G reality and this breakthrough,  AI and Automation will be accelerating VERY rapidly now. This is good news for Charlotte's tech workers and should only accelerate the tech numbers. 

[JRNYP2C]

On 9/19/2019 at 8:00 PM, ricky_davis_fan_21 said:

https://www.google.com/amp/s/amp.charlotteobserver.com/news/business/biz-columns-blogs/development/article228826664.html
Exiting uptown.


Sent from my iPhone using Tapatalk

We heard about that move, yet we keep hearing of building new buildings in Ballantyne and the retrofit of CIC on Harris Blvd.  In my opinion, they are going to expand there - not uptown.  Everything that we have been told, especially when we were moved to Ballantyne is that this started in the Wachovia years and there was a directive to move as many to the suburbs as possible.  With all of the problems my company has been part of over the past several years, they are looking to save money and cut costs EVERYWHERE.  Real estate and head count are the biggest areas to start with.  I have said it before, regardless of how increasingly worse traffic is getting to Uptown, I would give my right arm to be back there.

[Matthew.Brendan]

9 hours ago, mpretori said:

Google Says It's Achieved Quantum Supremacy, a World-First: Report

https://gizmodo.com/google-says-its-achieved-quantum-supremacy-a-world-fir-1838299829

 

Not really specific to Charlotte, but with Blockchain exploding/growing , 5G reality and this breakthrough,  AI and Automation will be accelerating VERY rapidly now. This is good news for Charlotte's tech workers and should only accelerate the tech numbers. 

See also https://newsroom.ibm.com/2019-09-18-IBM-Opens-Quantum-Computation-Center-in-New-York-Brings-Worlds-Largest-Fleet-of-Quantum-Computing-Systems-Online-Unveils-New-53-Qubit-Quantum-System-for-Broad-Use

If you think the last ~20 years of the internet have been reality-shifting the next 20 are going to be even more so.

[DH17]

On 9/17/2019 at 10:09 AM, J-Rob said:

I still think AIG may announce a major expansion at some point.

They might expand in Uptown (and have quietly for the past 18 months) but they will always be a NYC-HQ/Intl-looking company barring a massive shakeup.

Current expansion has been in their current space - doubt they would build a tower with their current focus on reducing expenses.

[KJHburg]

10,000 tech job openings in Charlotte metro alone and another 13,000 in the Triangle.  Tech people get your friends out of state to NC pronto! 

https://www.wraltechwire.com/2019/09/24/good-news-for-tech-job-seekers-openings-surge-across-nc-with-13000-in-triangle/

Even more news tech recruiting firm opening Charlotte office with 90 jobs uptown.

https://www.wraltechwire.com/2019/09/24/it-staffing-giant-frank-recruitment-to-open-charlotte-office-creating-90-jobs/

Edited September 24, 2019 by KJHburg

[SoDoSoPa]

4 hours ago, KJHburg said:

Even more news tech recruiting firm opening Charlotte office with 90 jobs uptown.

https://www.wraltechwire.com/2019/09/24/it-staffing-giant-frank-recruitment-to-open-charlotte-office-creating-90-jobs/

"Charlotte has rapidly becoming known as a tech hub, with giants like PayPal and Lowes calling the city home."

Should someone tell them about PayPal? 

[KJHburg]

17 minutes ago, SoDoSoPa said:

"Charlotte has rapidly becoming known as a tech hub, with giants like PayPal and Lowes calling the city home."

Should someone tell them about PayPal? 

I saw that and since they released their own press release about their new office.  someone give me their new office location and I will rush over 3 dozen of  Charlotte based Krispy Kreme doughnuts. 

[a2theb]

On 8/28/2019 at 10:30 AM, KJHburg said:

wow you are right more than any city they operate in worldwide but London and NYC.  Something is afoot here and maybe this is one of the mystery econ development projects out there.  

https://careers.moodys.com/jobs/?city=Charlotte

I have heard through the grapevine that Moody's is opening an office in WeWork (Assume the uptown location but not 100%) on Monday for 200-250 staff members.

[KJHburg]

42 minutes ago, a2theb said:

I have heard through the grapevine that Moody's is opening an office in WeWork (Assume the uptown location but not 100%) on Monday for 200-250 staff members.

You are correct and there are already 37 people working there at the First Citizens Bank location.

49 working for Better.com at the Railyard location as well.

45 for MUFG Union Bank another growing fintech operation.  They are at Regions location. 

WeWork and other coworking spaces are a great way to get an office opened immediately while you wait on the build out of a permanent office.  So many companies are doing this around the country now.  

 

 

[SentioVenia]

4 minutes ago, KJHburg said:

You are correct and there are already 37 people working there at the First Citizens Bank location.

49 working for Better.com at the Railyard location as well.

45 for MUFG Union Bank another growing fintech operation.  They are at Regions location. 

WeWork and other coworking spaces are a great way to get an office opened immediately while you wait on the build out of a permanent office.  So many companies are doing this around the country now.  

 

 

Off topic, but every time I see MUFG I can only think "MuthaFuggin."

[KJHburg]

Long rumored on this board Moodys finally admits in subscriber story in the Biz Journal to their new tech operation in Charlotte currently operating out of WeWork.

""A technology office for Moody's Corp. (NYSE: MCO) has quietly opened up shop in Charlotte, with the potential for it to employ 140 total within the next six months.  Tim Bhatt, the Charlotte-based chief technology officer of Moody's Investors Service — Moody's credit-ratings and research business — confirmed Monday what had long been rumored in local real estate circles: that the company has opened a technology center in the Queen City. Bhatt said the company has about 40 technologists in the local office today, currently at WeWork in Regions 615 in uptown, but it expects to hire an additional 100 in Charlotte over the next three to six months.""

https://www.bizjournals.com/charlotte/news/2019/09/30/moodys-quietly-opens-tech-office-in-charlotte.html

 

 

[KJHburg]

I think someone posted this under Legacy but here is Honeywell's own press release about their new Charlotte home.  Very positive for Charlotte and this is an industrial technology company and a new part of Charlotte's tech community.  

https://www.honeywell.com/en-us/newsroom/news/2019/10/5-things-to-know-about-honeywells-new-charlotte-headquarters?utm_source=TW

In other tech news statewide is this Epic Games of Cary epic expansion.  Their current HQ is about 93,000 sq ft in a 3story building.  This new expansion will be massive and allow room for up to 1700 to 2000 employees.  They employ less than 500 now.  https://www.wraltechwire.com/2019/10/03/cary-based-epic-games-to-expand-headquarters-making-room-for-up-to-2000-new-employees/     That's a lot of Fortnite playing! 

[KJHburg]

2 small Triad area based tech firms merging and moving HQ and office to Charlotte.

https://www.bizjournals.com/charlotte/news/2019/10/08/sister-tech-firms-in-triad-to-merge-bring-hq-to.html

https://dais-x.com/

[KJHburg]

DealCloud though recently acquired by a Silicon Valley company remains in Charlotte and continues to grow another Charlotte tech upstart success story.

https://businessnc.com/dealcloud-tracks-deals-twists-turns/

[KJHburg]

another growing local tech firm that was purchased by out of state company OneMagnify and their new offices in the Gold District.

https://www.americaninno.com/charlotte/office-envy-charlotte/office-envy-take-a-first-look-inside-onemagnifys-new-south-end-space/

[KJHburg]

Charlotte named as the Best city for software engineers to buy a home that despite high salaries are unobtainable in the Bay area and increasingly Seattle.  I have met personally quite a few tech people from Northern VA DC area that have moved here for the same reasons.  

https://www.redfin.com/blog/most-affordable-places-for-software-engineers

Biz Journal article about the study

https://www.bizjournals.com/charlotte/news/2019/10/14/charlotte-named-top-emerging-tech-hub-for-this.html

[KJHburg]

Yet another Charlotte tech startup success,  Brewery software company raises $8M Ekos.

https://www.goekos.com/blog/ekos-closes-8-million-series-a-funding-round

[KJHburg]

Catching up on Charlotte area tech news more and more people are recognizing our tech community here latest example IBM which will host 15 startups from around the world here.

https://www.bizjournals.com/charlotte/news/2019/10/23/ibm-picks-charlotte-as-host-city-of-inaugural.html

Expansion at medical device maker here in Charlotte

https://www.wraltechwire.com/2019/10/24/queen-city-boost-more-growth-for-med-device-manufacturer-medical-murray-in-charlotte/

[KJHburg]

Update on employee levels of a couple tech offices here

Moody's Investor Services   57   projected 140

Better.com   58 projected 1000 in a few years

MUFG Union Bank   71  size unknown

all are growing fast here in Charlotte.  

[CLT2014]

19 minutes ago, KJHburg said:

Update on employee levels of a couple tech offices here

Moody's Investor Services   57   projected 140

Better.com   58 projected 1000 in a few years

MUFG Union Bank   71  size unknown

all are growing fast here in Charlotte.  

Better.com is a mortgage company more than a tech company. All of their positions in Charlotte are underwriters, loan processors, sales associates, and call center employees. Zero jobs in software development or tech so far.

[KJHburg]

Passport is taking down another floor the 10th at the First Citizens Bank Bldg. More office space equals more jobs.  Passport is one of best tech  startup success stories

[KJHburg]

another aspect of tech growth in Charlotte is energy tech and here is a good story about it which resulted in an UK company relocating to Charlotte.

https://www.americaninno.com/charlotte/profiles-charlotte/how-joules-accelerator-drives-innovation-in-the-queen-city/

as for Passport mentioned above that makes 3 full floors in First Citizens Bank bldg. for them. 

Here is the information on ZapGo that relocated from Oxford England

https://zapgo.com/

Edited October 29, 2019 by KJHburg

[KJHburg]

Charlotte based fin-tech upstart Ribbon raises $30 M they offer short term financing for home sellers and buyers.

https://www.wraltechwire.com/2019/10/31/charlotte-home-buying-startup-ribbon-raises-30m-lines-up-300m-from-goldman-sachs/

[KJHburg]

what a week in Charlotte tech.   Lets see Microsoft announces 430 new tech jobs in town,  then Statifyd announces 200 new jobs,  Ribbon raises $30M and now this another Charlotte tech success story Paymentus partners with Amazon and Alexa (which by the way the voice technology was developed in you guessed it Charlotte) to pay bills online.

Read more here

https://www.wraltechwire.com/2019/10/31/alexa-pay-my-utility-bills-a-charlotte-firm-is-making-that-happen-with-amazon/

https://www.paymentus.com/

Charlotte Tech Rising and fast!