Study: San Diego software industry ranked 7th in US

Business
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SAN DIEGO — San Diego ranks seventh among 50 top U.S. metropolitan areas for its computer software industry, according to a report scheduled to be released Tuesday by the San Diego Regional Economic Development Corp.

The study looks at venture capital, talent retention and acquisition and other metrics that detail San Diego’s competitive advantages for local companies that are looking to expand or move into the region, according to the EDC.

San Diego ranks ahead of Austin, New York City and Portland, Oregon, among others, the report shows.

The study, scheduled to be released at a Tuesday lunchtime news conference at a software firm in the East Village, also said more than 100,000 jobs in the region depend on the area’s software industry.

A survey of employers found that employment is expected to rise around 18 percent this year, according to the EDC. The report noted that many local software employees work for local defense contractors and biotech firms, rather than on consumer applications, so the local industry flies somewhat under the radar.

Software workers in San Diego are two times more likely to work in research and development than in the rest of California, according to the study.

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