IT & Data Centers
Tech-fueled talent, best-in-class electric reliability, and low seismic activity provide a triad of benefits to data centers and IT businesses in Colorado Springs.
Leading the pack are in-house software development and systems engineering operations – FedEx, Hewlett Packard Enterprise, and Oracle among them. Products include software for e-business, inventory control systems, telecommunications, and aerospace and defense systems, to name some.
Global tech service managers Cherwell Software, recently acquired by Ivanti, and Tek Experts are headquartered in Colorado Springs.
Before moving on as the CEO of the National Cybersecurity Center, Cherwell’s founder helped secure $247 million in venture capital for the firm from KKR and Insight Venture Partners. In 2017, Tek Experts tripled its software development and support workforce to make Colorado Springs its main center of U.S. operations.
In 2021, Quantum Metric was announced as Colorado Springs’ first unicorn, gaining both $200 million in VC and a $1 billion valuation. A SaaS platform that helps organizations build better digital products faster, Quantum Metric intends to keep its HQ in the Pikes Peak region.
Ranked a top city for data centers, Colorado Springs is home to storage sites for FedEx, Progressive Insurance, Hewlett Packard Enterprise, and Walmart.
Software solutions giant SAP established two Colorado Springs data centers in recent years. In interviews, SAP said it chose Colorado Springs for the city’s efficient power source, favorable climate, and availability of a quality workforce.
Because of a unique density of defense installations (five total), Colorado Springs is home to one of the most sophisticated communications networks in the nation. This type of capacity and reliability is a boon to all tech and cyber firms, especially ones that require state-of-the-art communications capabilities.
Upping the advantages, electric service reliability consistently checks in at 99.99% or greater and is provided by municipally owned Colorado Springs Utilities, which reports to local elected officials, not a state Public Utilities Commission.