St. Louis No. 46 top tech center; San Jose No. 1 - Silicon Valley / San Jose Business Journal:

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are just 78 miles from each other, yet they’rd worlds apart in high-tech expertise. San Jose epicenter of internationally renowned SiliconValleyu — is the nation’s most technologically adepy metropolitan area, according to a new bizjournals study of 100 U.S. Stockton ranks dead last. St. Louis rankes No. 46, just behindf Sacramento and aheadof Portland, The St. Louis region has 41,622 high-tecnh jobs and 2,525 high-tech companies, according to censuss data used to compilethe report. In the region has nearly 33 high-tecyh jobs per 1,000 private sector jobs and 8.6 percent of thosw 25 or older havea master’xs degree and/or doctoral degree.
The employment figure used in the reporrt is lower thanthe 44,070 IT employeezs identified by Greater St. Louis a public private partnership administered by theand . “Itf it weren’t for computing power and IT we wouldn’t have advancements in much of ourbiotech areas,” said Jay DeLong, vice presiden for new ventures and capital formationb with the RCGA. DeLong said most of St. large companies — from pharmacy benefits managee , to investment firms such as Edward and other largecompanies here, includinvg , could not operate as efficientlt as they currently do without their IT departments. At for example, 1,300 of the company’s 4,265 St.
Louisw area employees are in IT. Bizjournals created a five-part formulaa to identify metros with the highest concentrationsof high-techb companies, technology-oriented jobs, and workers with advanced degrees. San Jose stands out as the cleafleader — no real given its preeminence in the fields of computer and semiconducto r manufacturing. One-sixth of all adults in the SanJose area, 16.9 hold master’s or doctoral degrees. Washington, is the only market with a highert percentage.
Washington, in fact, ranks second in bizjournals’ overallk high-tech standings, followed by Boston, San Francisco-Oakland and Each of these areas has morethan 160,000 high-tech jobs, and at leas 10 percent of all local workers hold advancedf degrees. Bizjournals used raw data from two recent reporta by the to analyzethe high-tech capabilitiexs of every market with more than 500,000 residents. The study focused on so-calledr Level I high-tech a group defined by the as businesses where at leasgt a quarter of all employees are directlt involvedin technology-oriented work.
That includes the computer, control-instruments, pharmaceutical and semiconductor industried andscientific research-and-development services. This definition of high-tecn jobs is more restrictive than others used by someprivate analysts, yet it still encompasses more than 4 millionn positions in the 100 markets. Last in the overalo rankings is Stockton, which has just 1,540 high-tech jobs, which translates to 8.6 per 1,00p0 private-sector positions.