Virginia Economic Review

In recent years, the increased amount of available data — 64.2 zettabytes (equal to 1 trillion gigabytes) were created globally in 2020, compared to 2 zettabytes in 2010, according to Statista — and ways to analyze and use it have escalated the demand for data science professionals to fill data analyst, business intelligence engineer, and other roles.

E-commerce became the lifeblood of retailers and business-to-business (B2B) suppliers in 2020, yet the innovation that grew out of this need has disrupted industry norms forever. Research from the Retail Industry Leaders Association (RILA) and McKinsey & Co.

After a year of focusing on operations during the COVID-19 pandemic, data center investments are on the rise, with an eye on expanding capacity to meet pandemic-influenced changes in consumer behavior.

Consumers’ increasing demand for safe, sustainable, locally grown food is driving interest and investment in controlled-environment agriculture (CEA).

Across the wireless industry, 5G — the fifth-generation technology standard for broadband cellular networks, meant to deliver higher data speeds, lower latency, more reliability, and higher capacity — has been not just the next big thing, but a family of next big things.

Like many medical device startups, Luminoah began with a bright idea brought about by a personal need. In 2019, founder Neal Piper’s young son, Noah, had a medical issue that necessitated the use of a feeding tube.

Chandra Briggman is president and CEO of Activation Capital, an independent authority that supports life sciences and advanced technology companies and entrepreneurship in the Richmond area.

John Newby is CEO of Virginia Bio, the nonprofit statewide trade association that serves and promotes the life sciences industry in the Commonwealth.

Richmond and Petersburg Host a New Pharmaceutical Cluster Making Essential Medicines With Innovative Techniques The COVID-19 pandemic has brought shortages of all kinds to the U.S. economy, from cream cheese and toilet paper to N95 masks and consumer electronics.

Microsoft's Investments in Boydton and South Boston and its Regional Partnerships are Positioning the Region as a Tech Destination A century ago, South Boston was a tobacco-producing stalwart. In 1927 alone, the town accounted for more than 20 million pounds in tobacco sales.

Susie Adams is chief technology officer for federal government business at Microsoft. She oversees and implements the technical strategy for the technology giant’s Department of Defense, civilian, and intelligence community businesses.

When memory chip maker Micron Technology, Inc. committed to expand its operations in the City of Manassas in Northern Virginia, the headlines rattled off one impressive number after another: 1,100 new high-skilled jobs. Some 100,000 square feet of additional space. A $3-billion investment.

Liebherr manufactures large trucks for the mining industry, including the world’s largest diesel-electric mining truck. These gigantic machines are partly assembled, tested, and certified at the plant in Newport News with complete assembly carried out at the mine.

Timothy D. Sands is the 16th president of Virginia Polytechnic Institute and State University, joining the university in June 2014. VEDP’s President and CEO, Stephen Moret, recently spoke with President Sands about exciting new developments at Virginia Tech.

Technological advancements, supply chain disruptions, and safety, environmental, and other sociopolitical factors are changing the way people and products move around the country. Manufacturers are leveraging technology, new business models, and infrastructure improvements to chart a future path.

Unmanned vehicles still seem like advanced technology, but in one form or another, they’ve been making inroads into civilian life for the last 15 years.

Could space-related businesses represent a $1 trillion industry by 2040? That’s the question posed by Morgan Stanley analysts in a recent report.

The global appetite for clean energy has never been higher, with businesses, individuals, and nations working to decrease their carbon emissions.