Dallas Among World’s Top 50 Future-Ready Economies

DART

Dallas is No. 10 on Dell’s List of Cities on Track for the Future


The city of Dallas is among an elite group of cities around the world that have been recognized as the 50 Future-Ready Economies by Dell.

The Round Rock-based computer and technology company ranked Dallas No. 10 for embracing technology so that it can adapt and flourish in a constantly changing and globalized future based on the categories of human capital, infrastructure and commerce.

CITIES CREATE OPPORTUNITIES IN THEIR ECONOMIES

San Jose, California, was ranked No.1 on the list, followed by San Francisco at No. 2.

Sister Texas cities Austin and Houston — Nos. 5 and 13 on the list — also were recognized, as were Boston, Massachusetts, Chicago, Illinois, and Denver, Colorado, among others. Included among the international cities honored were Tokyo, London and Toronto.

Across the globe, cities are re-inventing themselves to prosper in tomorrow’s economy. So we set out to find places with the right technology already in place.

On its website, Dell said: “Across the globe, cities are re-inventing themselves to prosper in tomorrow’s economy. So we set out to find places with the right technology already in place. Where people are driving innovation in infrastructure, commerce and human capital, and entrepreneurship is creating more opportunities out of the ever-changing business landscape.”

Dell said that its Dell Future Ready Economies Model is based partially on criteria developed at the 2015 Strategic Innovation Summit: Enabling Economies for the Future at Harvard University. The summit was sponsored by Dell.

The computer maker said the model was compiled and calculated by IHS Economics, a large economic data forecasting and analytics firm.

MAJOR CORPORATIONS, STARTUPS BOLSTER DALLAS

Dallas has become one of the major technology centers in the nation, with Fortune 500 corporations  AT&T Inc. (NYSE: T) and Texas Instruments (Nasdaq: TXN) based in the city. Other major technology companies such as Verizon Communications (NYSE: VZ), Ericsson, Trend Micro, Huawei, Samsung Telecommunications America, HP, CyrusOne, and MetroPCS have located regional or national headquarters in the Dallas area.

Technology startups have benefitted from the area’s economic environment and abundance of qualified talent.

The Dallas area’s diverse economy also is home to the headquarters of the world’s largest oil company, Irving-based Exxon Mobil Corp. (NYSE: XOM), banking giant Comerica Bank (NYSE: CMA), Toyota Motor North America and retailer J.C. Penney Co. Inc. (NYSE: JCP) in Plano, and airline giants American Airlines Group (Nasdaq: AAL) in Fort Worth and Southwest Airlines Co. (NYSE: LUV) in Dallas.

The city of Dallas also is deeply involved in the Smart Cities Initiative and is piloting a program in city’s West End. Dallas Innovation Alliance, the organization leading the Smart Cities effort in Dallas, recently named Jennifer Sanders as its first executive director.


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