Building on a rich history of federal investments in fiber optics as well as pioneering tax advantages, Virginia hosts the largest data center market in the world and is home to more than 35% (~150) of all known hyperscale data centers worldwide.
Virginia has emerged as a national leader in cybersecurity and is at the forefront of talent development in the industry. The Commonwealth of Virginia is uniquely equipped to succeed in this sector, with close proximity to the federal government, unparalleled assets in information technology, and higher education institutions that are training the next generation of cybersecurity professionals.
The last few decades have solidified Virginia’s position as America’s hometown for corporate headquarters. In just the past 10 years, more than 500 companies have relocated to or expanded their headquarters offices in Virginia, attracted to its combination of diverse, world-class talent, exceptional quality of life, stable business climate, and competitive costs.
Top business process services (BPS) companies choose Virginia for its top talent, nationally recognized business climate, strategic location, and world-class infrastructure. BPS is a well-established, expanding sector; over the past decade, more than 28,000 jobs and $500 million in investment were announced in conjunction with nearly 200 BPS projects in Virginia, spanning sectors such as consulting, back-office services, and customer service.
Virginia’s collection of assets in the air, on land, and at sea uniquely position the Commonwealth to serve as a leader in this emerging industry. Home to one of six FAA-designated UAS test sites and two NASA facilities focusing on UAS research, Langley Research Center and Wallops Flight Facility, Virginia is poised to lead this promising disruptive technology sector and host unmanned systems manufacturing and testing.
The Commonwealth of Virginia is one of North America’s premier supply chain destinations. In the past decade, over 200 supply chain companies — including Fortune 500 retailers and major logistics companies — have been attracted to Virginia by its combination of strategic location, world-class infrastructure, highly ranked business climate, top-ranked and abundant talent, and innovative supply chain ecosystem.