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Science and Technology in the Columbus Region


A large, educated workforce, combined with superior research capabilities and a strong corporate foundation, has allowed Central Ohio to become one of the fastest growing innovation and technology hubs in the nation.

The sector’s dynamic industries include manufacturing, automotive, chemicals, food and nutraceuticals, IT and big data.



2,100

 

59,000

science and technology establishments   employed in science and technology occupations


 

Columbus ranks as the

No. 3 city for tech jobs

-Forbes

No. 8 city for tech job growth

-Praxis Strategy Group


 

NOTABLE SCIENCE & TECHNOLOGY EMPLOYERS
COMPANY OPERATIONS EMPLOYMENT
Alliance Data Retail Services Marketing, credit and transaction solutions 3,100
Battelle Independent nonprofit research and development 2,194
Chemical Abstracts Service Research repository 1,400
Century Link Telecommunications 949
Ashland Inc. Specialty chemical products and services 900
Fiserv Inc. Financial technologies 861
OCLC Computer library service 724
IBM Technology and consulting services 671
Frontier Communications Telecommunications 597
Alcatel-Lucent Telecommunications 580

Resources


From the M&M coating that melts in your mouth, not your hands, to the next generation of cybersecurity, Battelle is consistently at the forefront of research and development. Battelle manages the world’s leading national laboratories and maintains a contract research portfolio spanning consumer and industrial, energy and environment, health and pharmaceutical and national security.

The Ohio State University ranks No. 3 among all U.S. universities in industry-sponsored research and is actively engaged in more than 340 industry partnerships with Ohio companies. In 2013, Ohio State spent $934 million in research. The university's 60-plus research labs and centers include the Center for Automotive Research, Center for Emergent Materials, Information Processing Systems Laboratory, Institute for Materials Research and Ohio Manufacturing Institute.

The IBM Client Center: Analytics Solutions Lab is IBM’s first dedicated advanced analytics center. The center’s principal mission is to design, build, implement and support differentiated advanced analytics solutions.

IBM’s decision to make Columbus its North American hub for not only big data analytics but development work around a host of related products including Watson, the cloud, its Smarter Commerce analytics initiative, and contact center and enterprise content management offerings, has put Columbus firmly on the big data map.
   -Data Informed
Dozens of resources for entrepreneurs and startups exist to accelerate the development of ideas into companies and companies into engines of job creation and technology investment.

Read more about the major research institutions in the Columbus Region.

Science and Technology Business Advantages


The Columbus Region is home to a competitive tax structure, and Ohio is ranked No. 10 for lowest effective tax rate on new R&D facilities and No. 3 on new operations overall.

Additionally, the Columbus Region offers greater value for space than peer metros.

AVERAGE ASKING RENT FOR TECH/R&D SPACE
METRO PER SQ FT PER SQ M
Columbus $5.05 $54.36
Cincinnati $5.51 $59.31
Kansas City $7.34 $79.01
Oakland $8.52 $91.71
Dallas-Fort Worth $8.55 $92.03
Denver $8.82 $94.94
Atlanta $9.60 $103.33
Portland, OR $10.62 $114.31
Philadelphia $11.00 $118.40
Pittsburgh $11.74 $126.37
Boston $12.06 $129.81
Los Angeles $12.55 $135.09
Houston $12.56 $135.19
Washington, D.C. $15.03 $161.78
Source: Colliers International, Q3

Workforce and Education


"The feeder system from the university to the lab made a huge difference when choosing our next location. Being able to pull prospective employees from OSU made the decision to open in Columbus that much easier."
   -Jeff Carpenter, Food Safety Net Services
Some of the nation’s top science and technology programs are at the Columbus Region’s 62 college and university campuses – including The Ohio State University, which offers a biological/agricultural engineering program ranked among the top 10 nationwide.
 
Career and technical schools offer world-class vocational training in IT, medicine, and research and development. RAMTEC, for one, is working to become the robot capital of the world and graduated the nation's first high school students with FANUC certification.
 
"Columbus has a highly skilled workforce that we tap into, but Columbus’ reputation as a great place to live and raise a family also increasingly has helped us recruit employees to relocate here from other parts of the country when we need to."
   -Katy Delaney, Battelle
The Columbus Region's wages are lower than peer metros, yet employees enjoy a high quality of life due a cost of living that Forbes ranks the fourth best in the U.S. For a breakdown of average hourly wages by occupation, view the science and technology brochure.

NUMBER OF WORKERS AND AVERAGE HOURLY WAGES IN SCIENCE, ENGINEERING AND IT OCCUPATIONS (COLUMBUS MSA)
METRO WORKERS WAGE
Columbus 59,580 $34.39
Raleigh 45,230 $35.44
Atlanta 128,300 $36.72
Chicago 206,310 $37.06
Minneapolis 123,290 $37.11
Austin 75,850 $38.26
Seattle 183,120 $42.53
San Francisco 186,030 $45.91
Source: U.S. Bureau of Labor Statistics, Occupational Employment Statistics, May 2012
 

Connect With Us

Matt
McQuade
Director, Business Development
614-225-6920
Matt
McCollister
Vice President, Economic Development
614-225-6953
Patty
Huddle
Vice President, Existing Business Services
614-225-6065
Chris
Strayer
Client Solutions Officer
614-225-6905
Katie
Hamilton
Project Manager
614-225-6945
Matt
McQuade
Director, Business Development
614-225-6920





 
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