Top 5 Tech Startups in New York City to Keep an Eye on in 2017

    No Comments

    New York City is often viewed as the home of “big business,” but there’s a lot going on throughout the five boroughs that’s decidedly smaller in scale.

    Hundreds of tech startups call the city home, producing everything from AI assistants to 3D printed merchandise and virtual reality experiences. Five startups, in particular, are leading the way in funding, hiring, and marketing in this city.

    nyc-startups-top-5-high-tech-startups-in-new-york-city

    1. Via

    Transportation in New York City is a little chaotic, with everything from subways and buses to cabs and Uber drivers traversing city streets throughout the day and night.

    One thing that ties all of these methods of transportation together, however, is that they each offer a subpar experience and give relatively little value for the cost of a ride.

    Though Uber promises to be more flexible and affordable than a cab, that promise has not really been realized in New York City.

    That’s where Via comes in. The startup, which bills itself as “luxury ride sharing” has a slightly different concept than Uber and other, similar ride sharing companies.

    The entire operation is privatized, with vehicles and drivers extensively vetted for things like friendliness, cleanliness, and the quality of the car’s cabin. Rides with Via are always a flat, $5 fee, which means no “surge” pricing, tips, or hidden expenses.

    This no-hassles ride sharing service could transform an already rapidly changing industry.

    2. LiveLike VR

    Virtual reality used to be the stuff of sci-fi movies and kids’ toys, but today’s a massive opportunity for startup firms across the country.

    Big names like Google and Samsung have recently gotten into the industry, but LiveLike VR hopes to offer a superior experience than these companies currently provide to their customers.

    The firm is specifically focused on providing virtual reality experiences during live events, like professional football games or major concerts.

    The LiveLike VR service and hardware fully immerses customers in the event they’re viewing. They can see the big game or the big show from all angles, with sensory experiences that put them right at the center of the action.

    With the promise of superior technology and the scrappy promise of a startup, LiveLike VR could be a “sleeper” startup that effectively takes on Samsung and Google.

    3. Jukely

    chi-jukely-bora-celik-bsi-jukely-unlimited

    Remember when Netflix revolutionized home video by adopting an all-you-can-eat model for home streaming? A monthly fee provided access to tens of thousands of titles, all without any extra hassles or hidden fees.

    That transformational approach, which seems so obvious now, is about to come to concerts. Jukely, based in New York City, believes it has cracked the code on a new flat-rate entertainment option.

    The company charges its users $25 a month for “unlimited” concerts during that particular month.

    The premise is actually quite simple: The company makes deals with major labels, venues, and artists, and includes them in its network. Subscribers can then choose from any number of venues and shows, indicate their interest, and receive a “free” ticket that doesn’t cost anything extra.

    As this is a fledgling program, it also includes many smaller venues and obscure artists, largely to offset the cost of more notable acts. Even so, a flat fee per month will revolutionize the music industry and likely be a major hit with live music fans.

    4. Sols

    Dr. Scholl’s is officially on notice. New York City’s Sols, a 3D printing startup, is seeking to transform the way people treat and heal their feet.

    To date, virtually all orthotics have been sold as inserts and sold only in major retailers, like Walmart and Target. This has enabled large corporations to dominate the space, but that may be changing.

    Sols is a 3D printing company that specializes specifically in completely custom orthotics.

    The company’s customers can choose the specific problem they’re looking to cure with a pair of shoes, obtain a blueprint of that orthotic device for a small fee, and then use a 3D printer to produce the orthotic at home.

    The printed orthotics can be customized to fit into any pair of shoes exactly, with specific designs that help everything from heel pain to stride issues and chafing.

    5. Wade and Wendy

    wade_wendy_overview-high-tech-startup-in-nyc

    Artificial intelligence is everywhere in the 21st century, including most smartphones and even some streaming boxes used to watch Netflix in the home. Now, it’s coming to the human resources department.

    Wade and Wendy, which recently raised $1.6 million in seed funding, has developed two personalities that can handle virtually all HR tasks.

    The first of these personalities is Wade, which the company describes as a long-term career advisor who will consult with professionals on their career history, trajectory, and plans.

    The second AI personality is Wendy, who is a run-of-the-mill human resources professional. Wendy is designed to be a company’s “front line” in the HR department, handling everything from recruiting and hiring to candidate screening and much more.

    When combined, these two AI personalities are an impressive way to build a career and a business at the same time.

    New York Is Full of Promising New Ventures

    In recent years, New York has been referred to as “Silicon Alley.” That’s due to the high concentration of tech firms in the city, primarily in the form of startups.

    From 3D printing to artificial intelligence and ride sharing, entrepreneurs in the five boroughs are doing their best to revolutionize every industry and transform the way tech functions in everyday life.

    Categories: Tech Startups

    New York City’s Subway Cars to Get High-Tech Makeover

    No Comments
    new-york-subway-high-tech-rail

    If you’ve been following the scene in New York, getting around the city is about to become a lot more fun. Nearly six million people flock to the subway every day.

    That’s an incredible number of people, but it’s even more incredible that the powers that be have decided to increase the technology in all of their cars.

    Residents have Governor Andrew Cuomo to thank, as he has unveiled a plan to spend 27 billion dollars into upgrading and improving the mass transit system.

    World-Class Transportation System

    The governor has unveiled plans for a reimagined system that is intended to take the next five years. Some of the enhancements include 1,025 additional cars.

    Open Car End

    Nearly three-quarters of those cars are going to have an “Open Car End” design that is designed to increase the overall efficiency of the system. It’s not just the subway system that is getting the upgrades.

    There are 31 stations across the city that will also get a makeover. The Governor’s Office has released some high-resolution images if you’d like to see the upgrades in detail.

    Increasing Standards

    The goal is to bring about a world-class transportation system that will make New York on of the most impressive transportation hubs in the world. Many of the cars will feature wider doors to make it easier and more efficient for passengers to board.

    The current MTA standard for doors is 50 inches, but the new standards will increase those figures by 8 inches. It might not sound like much until you realize that extra 8-inch difference makes it much easier for you to carry on your briefcase, haul a stroller or bring along your carry-on.

    New Interior Structures

    new-york-subway-high-tech-makeover

    New interiors will include amenities to help you stay powered up for longer. You’ll be able to reduce your cell phone usage by taking advantage of Wi-Fi on the subway.

    This is a major improvement since cellular phones are notorious for not getting reception underground. You’ll also be able to charge your phone more effectively, and there will be USB charging ports both in the station and inside the cars.

    Full Color Maps

    Riders will have an easier time finding their destination with full-color maps and ticketing stations that make it easier to verify and find your destination.

    The system will also include more efficient methods for administering information and helping to keep passengers abreast of any changes or delays in transportation systems.

    Improving Transit Times

    The new system will also provide better signs and indications about the best method of transport for the desired destination. Residents can determine more easily the best option for their transportation needs.

    Riders will be able to find the best option for getting around the city, whether that’s hiring a cab, calling Uber or getting on the next subway car.

    Improved Safety

    Safety is also a primary focus of the new updates. The safety of the subway system is often a point of contention for tourists and residents. Concerns over safety are being addressed by the addition of more safety cameras to help monitor potentially dangerous situations.

    Audio and Visual Cues

    The city is also planning to add door opening alerts that use a combination of audio and visual cues to alert passengers to changing conditions. Exteriors will also be fitted with a new blue front, larger windows, brighter LED lights and gold accents along the sides of the cars.

    With the goal of safety in mind, the city hopes to improve trust in the system and bring more people into the subway system with the addition of new cars.

    Enhanced Lighting

    new-mta-subway-designs-2016

    Additional enhancements include enhanced lighting in the subway station, which should help to ease some concerns about the potential for criminal activity. While 31 stations are being targeted for upgrades, there are also minor upgrades planned for 170 other stations.

    More Freedom for Passengers

    Most attractive to many who are used to riding the subway, there will be greater freedom and room to move around inside the cars.

    You’ll be able to walk between cars during the rush hour period, and this will make it possible to locate a less-crowded car when needed. Previously, you’d have to strategically find the best car and press your luck.

    Conclusion

    The move is being hailed as an admirable attempt at attempting to bring the New York subway system catching up with the subways available in the rest of the world.

    Japan has some of the best subway systems in the world. Fodors still ranks the New York City subway station as the best in the world, which indicates how New York plans to maintain that lead by making these incredible renovations before the system becomes outdated.

    London is the oldest railway in the world, and it’s often touted as the second-best system. However, regardless of ranking, it’s clear that these new changes will make riding the subway more enjoyable, safer and beneficial to all who visit New York.

    Categories: High Tech Projects

    Health Tech Startups – Why is Everyone Trying to Get in on the Action?

    No Comments
    health-tech-startups-everyone-getting-in-on-the-act

    Health tech start-ups are springing up all over in the U.S. In a fast growing technology-oriented world, IT companies are vastly focusing on the healthcare industry in order to make future healthcare faster and more efficient.

    These companies play a vital role in combating the reduced productivity that is faced in the industry while improving the quality of healthcare for the individuals.

    Winners vs. Losers

    While some healthcare start-ups have indeed failed in the past, a good number of them have thrived, slowly making the popularity of start-ups to rise.

    These start-ups have redefined the role of IT in healthcare since doctors can now incorporate IT in their day-to-day jobs to make an accurate and up-to-date diagnosis of their patients’ conditions.

    Main Reasons for the Appeal of Health Tech

    Among the reasons why the start-ups have been able to grow tremendously over the years include the increasing population of senior citizens that demands for better healthcare and the adoption of technology in the medical field coupled by reforms in traditional healthcare models.

    Big Brother – ARRA

    One of the reasons why health tech start-ups are flourishing is because of the 2009 American Recovery and Reinvestment Act (ARRA). This act promoted a project worth $25.9 billion to hospitals and doctors as a means to adopt and fund Electronic Health Records (EHR).

    This project resulted in hospitals and physicians funding up many successful start-ups in the medical market. The health reforms have been promoting health business models to bring about the various changes and adoption of various technological tools such as video chat and wearables into the health industry.

    Low Costs

    Since this is the age of entrepreneurship, healthcare has not been left behind. The declining cost of technology has made it possible for many in the healthcare profession to build up new companies.

    Entrepreneurs have the necessary tools and skills, coupled with the know-how to build start-ups companies in the industry. In 2014 alone, $6.5 billion was invested in healthcare start-ups, which is a 125 percent increase from that in 2013.

    This can all be attributed to technology and the need for an overhaul in the entire healthcare system. The technological system has also made it possible for several start-ups to succeed. In the recent years, technology and healthcare have become more intertwined in the dawn of healthcare innovation.

    The Need for Employment

    The rise of technology in healthcare has also created employment opportunities for people who would have otherwise been lying dormant after the recession in 2009.

    The medical start-ups have caused an employment growth of about 7.2 percent, leading to the discovery that a decline in labour productivity was causing excessive spending in healthcare.

    In the coming years, healthcare start-ups through software tools will eliminate the need for several jobs within hospitals, their human resource departments, and insurance companies and brokerages.

    The only people who will be safe from this storm of change will be the actual healthcare providers.

    Some of the people and jobs likely to be affected include:

    1. Revenue cycle managers and claims adjudicators can easily be replaced by digital insurance products and price transparency and reference pricing tools.

    These tools can automatically generate the prices to be paid for particular healthcare services.

    2. Brokers that act as intermediaries between insurance services and clients will be replaced by ACA-enacted changes and digital insurance markets.

    These will make it possible to immediately price and sell healthcare plans to patients therefore decimating the brokers who currently play the said roles.

    3. Staff building and running data centres will be rendered obsolete by the shift to cloud systems.

    4. Staff in health plans, medical boards and medical affair divisions and in local and state health departments will be replaced by central clearing houses that will be able to share info to various stateliness and organizations.

    This will bring an end to the paper-based processes within hospitals that enable keeping up-to-date licences and tracking medical education of the doctors.

    5. Excess staffing, forms, and faxes will be replaced by self-service mobile applications. This move will be highly satisfactory for everyone including nurses and doctors.

    The Need for Simplicity and Efficiency in The Healthcare Industry

    appeal-of-health-tech-startups

    The shift towards health tech start-ups is brought about by the simplicity and efficiency that it brings to healthcare. The healthcare start-ups are getting rid of the reduced productivity created by a long chain process.

    It instead introduces efficiency through the use of technology, which helps to make the process of treatment easier and faster.

    The shift from traditional ways of treatment to the approaches brought by start-ups have been beneficial and life-saving for many and therefore improved healthcare.

    Data Access

    Easier data access on the specializations of physicians and doctors makes it easier to access efficient and high quality services that help avert health complications among patients.

    The continued use of healthcare start-ups will encourage the healthcare system to address inefficiency and instead compete based on creating value and quality. This innovative change is a sure way to keep the healthcare system updated and equally competitive.

    Final Take

    All in all, if the rate of health tech start-ups were to keep on going like this, then it would not be long before we start seeing all the fancy tissue repairing gadgets that we usually see in Hollywood blockbuster films.

    Categories: Healthcare, Tech Startups

    Staying Physically and Mentally Healthy at a Desk Job in New York City

    No Comments

    Although working at a desk involves almost no physical exertion, it somehow manages to leave you feeling exhausted and mentally taxed at the end of the day. Desk workers often eat poorly and exercise too infrequently.

    Adverse Affects of a Desk Job

    A desk job leads to a general trend of inactivity, ultimately causing weight gain, poor health and potentially reduced life expectancy — and that’s all without taking the high-stress environment of New York City into account!

    The good news is that you have the power to improve your own health and mental state. Staying healthy when you work a desk job is really a matter of training yourself to make the right choices.

    How to Improve Your Health

    Eating healthier foods and setting a bit of time aside for physical activity each day, for example, can have a profound long-term effect on your health and ability to handle stress.

    Are you ready to prove that a desk worker doesn’t have to be overweight, stressed and constantly tired? We’ve got five great tips that can help you feel better — no matter what you do for a living.

    Find Excuses to Move

    staying-healthy-at-a-desk-job-in-nyc

    One of the biggest problems with working a desk job is that it leads to a sedentary lifestyle.

    You sit at your desk all day, but you still come home feeling tired because of the stress that you handled at work. Break that trend by finding excuses to move during work. By doing this, you’ll probably improve your interpersonal relations as well.

    • Take the stairs rather than the elevator if possible.
    • Instead of emailing your coworkers, get up from your desk and talk to them face-to-face.
    • Consider walking or riding a bicycle to work if you can.
    • Move some items out of arm’s reach, so you’ll need to stand up to retrieve them.
    • Take a brisk walk around the building during your lunch breaks.

    Eat Healthfully

    eating-healthy-at-a-desk-job

    Do you find it difficult to resist going to the local slice place at lunch? Convenience food may be tasty, but eating it doesn’t do anything positive for your health.

    Stave off that ravenous lunchtime hunger by eating a large, healthy breakfast before going to work in the morning. It’s also a good idea to keep a supply of snacks in your desk. Nuts, for example, pack plenty of protein and fiber to keep your hunger at bay.

    It is equally important to drink plenty of water while you’re at work — particularly if you drink coffee or an energy drink in the morning. Caffeine can dehydrate the body slightly.

    Dehydration can lead to confusion, irritability and a general feeling of malaise — so drinking extra water can improve your physical state as well as your mental state.

    Something I’d personally recommend is buying a bunch of protein or nutrition bars and bringing one with you to work everyday. They’re a great source of energy and extremely healthy for you. It can also curb your appetite until you get home and can cook up something healthy. You can check out this list of the best protein bars if you need help finding a good one.

    Protect Your Eyes

    Spending too much time in front of a computer can cause a great deal of eye strain. If you frequently suffer from headaches, blurry vision and dry eyes at work.

    You may have a condition that the American Optometric Association refers to as “Computer Vision Syndrome.” Some of the causes of CVS include flickering monitors, poor ambient lighting and preexisting vision problems.

    The AOA suggests resetting the eyes by focusing on an object 20 feet away — for at least 20 seconds — after every 20 minutes of computer work.

    Also, make sure that the lighting in the room doesn’t cause glare on the computer screen. Position the center of the monitor slightly below eye level and about 40-75 centimeters from your head. Also, remember to blink frequently to prevent the eyes from drying out.

    Stretch Your Muscles

    When you spend long hours at your desk, you’re likely to develop occasional soreness and stiffness in your neck, shoulders and back. Stretch frequently at your desk to keep yourself feeling limber.

    The Mayo Clinic recommends stretching your shoulders by holding each arm by the elbow, stretching the arm across your chest and pressing on the elbow gently.

    Some of the other stretches that can help you feel more comfortable at work include:

    • Upper arm stretch, with your arms above your head and hands touching your back
    • Chest stretch, with your arms raised and your hands behind your neck
    • Neck and shoulder stretch, with your chin touching your upper chest
    • Slow head turn, to relax the neck and shoulders
    • Side-to-side neck stretch, bending the neck so the ears nearly touch the shoulders
    • Lower back stretch, bringing the knees up toward the chest
    • Thigh stretch, bringing each foot up toward the buttocks while standing

    Stay Active Outside Work

    Does your place of work have a weekend golf or softball league? Join it! Staying fit is much easier when your friends take part as well. If there isn’t a weekend sports league for you to join, consider starting one.

    Conclusion

    Whatever you do, staying active on the weekend can greatly improve your health and mental state. If you aren’t athletically inclined, you can still find the time go to to the park for a walk.

    Whatever you do, make the time to keep your body moving as much as possible.

    Categories: Healthcare

    5 Tips on Improving Your Chances of Landing Your Dream High Tech Job in NYC

    No Comments

    Landing your dream job at a high-tech firm in New York City is currently on your list of to-dos ready for the coveted checkmark. Like most job markets, the NYC job market is fiercely competitive.

    Tech jobs are some of the most competitive, because technology isn’t just the future. It’s the present. Tech supports most everything we do as a nation, and those with tech experience, education, and knowledge are in high-demand.

    Even with one of the best job markets in the country, landing your dream job in the tech industry is simpler when you have the competitive edge. If you’re not sure what the edge is, look no further.

    Clean Up Social Media

    That time you went backpacking through Colombia with your frat brothers, living solely on beer and pretzels is one of your best memories.

    Unfortunately, the 250 photos of you drinking that beer sitting alongside a fire in the wilderness taking selfies isn’t the most professional look.

    Virtually every tech company in New York instructs hiring managers to go through all the social media profiles of their job applicants when resumes are received. Don’t make the mistake of assuming your profiles are private and for you to express. They’re not.

    Get rid of any questionable photos. Get rid of any questionable posts. Get rid of anything that might negatively affect your ability to land a job.

    Clean up your profiles of slang, poor language, and adjust your setting so anything someone else tries to tag you in must first be approved by you.

    You’d be surprised how many people lose out on their dream job because their social media profile makes them out to be a party girl all weekend rather than someone professional, focused, and serious.

    Put Your Expectations in Check

    Landing your dream job isn’t going to happen if your expectations are outrageous. No job is perfect, and the grass is always greener on the other side on occasion.

    If you want to improve your chances of landing that dream job, now’s a good time to sit down and make a list of your expectations.

    • What’s most important to you in a job?
    • What’s a deal-breaker for you at work?
    • What’s not such a big deal to you in the office?

    If you’re looking for a job with benefits such as great insurance, ample vacation time, and a flexible work schedule, rate those things by their importance.

    If you find that in a job but the company in question doesn’t have much opportunity for growth, is that a deal-breaker for you?

    These are questions you have to ask yourself. Remember landing your dream job isn’t always up to someone else. Sometimes it’s up to you.

    Fact-Check Your Resume

    landing-a-high-tech-job-in-nyc

    Common sense isn’t always as common as you might assume, and it’s more evident than ever in the lack of proper grammar, spelling, and punctuation found on resumes.

    When you apply for a job, all it takes is one misspelled word for an HR person to toss your resume out and move on to the next person.

    Everyone makes mistakes, but the fact you can’t take the time to proofread your resume and check for them leaves companies with the impression your job search isn’t all that important to you.

    Do Your Homework

    You applied to work at XYZ company, and you’re excited to land an interview. The job description seems to be a dream come true, so you look forward to your interview, and you’re certain this is the job for you. The first thing you do is research the company.

    Perhaps you think because it’s your dream job at your dream company you know all there is to know, but you’re mistaken. There’s always something to learn.

    Interviewers love when their candidates show up prepared to take over, and they love the knowledge job applicants show when they’re interviewing.

    Get to know the history of the company, the clients the company works with, and get to know the people in charge. The internet and social media are all you need to learn these things, and it works.

    Ask Questions

    ask-questions-about-high-tech-job

    One of the biggest mistakes job candidates make when looking for their dream job is feeling they are the person being interviewed.

    You are being interviewed for this job, but you’re also interviewing the company to see if it’s a good fit for you. Your interviewers are more likely to consider you for your dream job if you come prepared with questions of your own.

    It’s acceptable to ask questions about salary, vacation, and benefits, but don’t focus only on those. Those questions are common, but they only come across as self-involved unless you ask other questions.

    Ask about the people at the workplace. Ask about the mod in the office.

    Ask what the job description entails, and how your future coworkers handle specific instances. Ask questions about how you can expand on the job description to improve the company’s bottom line, and how teamwork works in this particular office.

    The Takeaway

    It’s easy to find tips for landing a job on the internet, but no one tells you how much power you have over the simplest things.

    The decision to hire you for the job you want sometimes comes down to the most minute details. Don’t make the mistake of underestimating the advantage you have over other candidates.

    Categories: Job Advice

    IBM Commits to Creating 500 Jobs in Buffalo, NY

    No Comments
    ibm-commits-to-creating-500-tech-jobs-in-buffalo

    Upstate New York once had a proud reputation as a hub of America’s manufacturing sector, with major companies like Kodak and others providing both top-notch manufacturing jobs and a commitment to local innovation that caused Buffalo to become one of the biggest cities in the Great Lakes region of the country.

    Since that heyday, however, manufacturing has declined and innovation has seemingly shifted from Upstate New York to northern California. That is, until a recent announcement by IBM committed to creating hundreds of new, high-paying tech jobs in downtown Buffalo.

    Agreement with New York State Brings Jobs to Buffalo

    Since being elected in 2011, Gov. Andrew Cuomo has pursued a transformation of the New York economy, away from manufacturing and toward jobs in both information technology and nanotechnology. That’s where IBM comes in.

    The company announced in 2014 that it was interested in dramatically expanding its IT operation, perhaps to include as many as 6,000 new hires nationwide.

    The Winner: Buffalo

    The company then went looking for new cities where it could build regional hubs and grow its workforce. Though IBM considered several New York cities and other cities throughout the mid-Atlantic and Midwest, Buffalo ultimately won the largest share of these non-headquarters jobs.

    All told, IBM will bring 500 new jobs to downtown Buffalo, primarily in IT and software engineering. These IT jobs are largely aligned with the company’s IBM Watson artificial intelligence project.

    Watson, which is perhaps most famous for competing on several episodes of “Jeopardy!” several years ago, remains a core focus of the company and is described as being the future of IBM’s apps and services.

    100 Additional Jobs

    In addition to the 500 jobs that are being created in Buffalo in the IT sector, IBM in early 2016 agreed to bring 100 more jobs to the city as part of its nanotechnology workforce.

    This expansion of jobs in Buffalo has been paired with a broader expansion throughout the state of New York. By the end of the decade, the company will create no fewer than 3,100 IT and nanotechnology jobs throughout New York State, with 600 of those jobs being based in Buffalo.

    Grants and Tax Incentives

    Due to agreements with both Buffalo and the State of New York, IBM will receive several grants and tax incentives to bring these high-tech jobs to the east coast.

    The company will receive funding as part of the $55 million Buffalo IT Innovation and Commercialization Hub project, which is designed to revitalize the city’s downtown office core and draw high-tech jobs to the area.

    The Empire State itself will add tax breaks and incentives that make the new jobs far more profitable for IBM, enhancing a long-term commitment between the tech company and the state government.

    IBM to Renovate and Occupy Buffalo’s Key Center

    ibm-commits-to-creating-high-tech-jobs

    Perhaps the most glaring reminder of Buffalo’s storied legacy as a major commerce hub among the Great Lakes is its downtown, where many buildings are vacant or near-vacant. The Key Center is one such near-vacant facility.

    History of the Complex

    The office complex, comprised of two twin towers and a shared plaza, was once the home of Key Bank. Bustling throughout the day, the financial institution’s headquarters eventually moved out of Buffalo, took virtually all Key Bank employees out of the city, and left the facility largely abandoned.

    Prior to IBM agreeing to a long-team lease in the facility, the largest tenant was Labatt Brewing Company, which has its U.S. headquarters there.

    Renovations Under Way

    IBM is currently renovating the space, turning it into less of a cubicle-dominated financial center and into more of a bustling technology hub. The company paid $15 million to purchase the office space from the previous tenant.

    In addition, IBM will spend up to $40 million on cutting-edge IT equipment and essential renovations in the space.

    Upon completion, IBM intends for its regional office to be a “hub” of IT and nanotechnology for all of Western New York. The company has not ruled out buying more square footage in order to support future job additions at the site through 2030.

    Beyond Buffalo: IBM Jobs Throughout New York State

    IBM is the latest in a flurry of high-tech jobs announcements from Gov. Andrew Cuomo, who promised during his reelection bid to make New York’s Upstate region leader in IT, nanotechnology, and biotechnology.

    IBM is moving an additional 2,600 jobs to the state, in cities like Utica, Rochester, and Syracuse, as well as New York City, as part of a long-term commitment to the state.

    Reserve Funds

    In order to support expansion in Buffalo and beyond, the government has set aside $25 million in reserve funds that can be used to buy the necessary office space to support this influx of high-tech workers.

    The government can then lease back this office space at a discount to IBM, which is one of the primary “sweeteners” that helped IBM commit more than 3,000 jobs to the Empire State in 2014.

    A Bright Future in Buffalo

    IBM is currently hiring for 500 IT positions and 100 nanotechnology positions in Buffalo, all of which will be based in the south tower of the Key Center.

    The company estimates that it will fulfill its staffing needs by 2018, and it reserves the right to further expand its staffing requirements at the Key Center through the end of the decade.

    It’s a stunning turnaround for Buffalo and represents what could be the real promise of a renewed, high-tech downtown that is once again the hub of the regional economy.

    Categories: Job Creation