Skip to Content
The Big Picture San Diego Blog


economic development

December 5, 2018

Saving the best for last, project management software company Wrike celebrated the opening of three office locations worldwide: Melbourne, Dublin, and San Diego. The celebration took place back-to-back over the course of just 16 hours, in what the company called a #WrikeRelay.

Named among Deloitte's 500 Fastest Growing Companies in North America, Wrike has grown from 300 employees in 2015 to 700 today (and hiring), serving customers across 130 companies. 

This marks Wrike’s third location in San Diego. The first San Diego office opened in February 2016 with the company well on its way to meeting its goal of creating 150 jobs in three years. The new office in UTC will accommodate the increasing number of sales and customer success roles that make up the bulk of its local team. Wrike has grown its customer base in North America by 362 percent and its total annual recurring revenue in the region by 287 percent over the last three years. 

“The collaborative work management market has really taken off in the last few years as a variety of trends from digital transformation to the rise of the remote workforce and the consumerization of IT all converged,” said Wrike Senior Director of North American Sales Alex German. “It has been exciting to witness firsthand as high-growth companies have discovered how Wrike could help them increase productivity, improve collaboration, and create new revenue opportunities. Moving into this new space will give us the room we need to expand our team and continue driving exponential growth for the company.”

January 22, 2018

More than 230 regional bids later, Seattle-based tech giant Amazon released the top 20 cities that will proceed in the battle for its second North American headquarters (HQ2). San Diego/Chula Vista did not make the cut.
 
In response, EDC president and CEO Mark Cafferty released the following statement:
 
“While disappointed San Diego/Chula Vista did not advance, we are not at all surprised. We knew that this would be a long-shot based on geography and incentive options, but we also know that as a region, San Diego can most definitely compete with others in terms of talent, entrepreneurship, innovation and quality of life.
 
We are proud of the fact that Amazon is already expanding in San Diego and will employ up to 500 developers and engineers in its UTC office. And we are proud of the partnership and collaborative spirit of the more than 20 organizations and municipalities that contributed to our regional proposal. We know that other positive things will come from this process and we continue to view 2018 with great excitement, optimism and focus.”
 
This and more from U.S. News, Business Insider, and Xconomy.
December 22, 2017

Economic development is about more than just ribbon cuttings and groundbreakings. It involves long-term, strategic support of companies large and small, often over the course of several years.

And while everything can't be packaged into neat headlines, we wanted to take you behind the scenes for a look at the work that goes on along the way.

Click the link below for an interactive look at EDC's 2017 in review. Thank you and happy holidays to those who make this work possible: our partners, investors and friends.

Here's to 2018, and a prosperous San Diego economy in the new year.

November 17, 2017

In 2016, executives from San Diego life sciences giants Illumina, Human Longevity, Inc., Thermo Fisher Scientific, ResMed and Dexcom approached EDC with a pressing need for a specific type of talent: bioinformatics professionals. Known among peers by their technical title, bioinformaticians develop and apply software tools to understand biological data sets. In San Diego, leaders in genomics and connected health are gathering incomprehensible amounts of data with the power to unlock the human genome, make personalized care a reality and enhance the way we live on a massive scale. Individuals skilled in bioinformatics, data science and computational biology are instrumental in deciphering such data sets – a task with stunning implications across pharma, biotech, healthcare, genomics and much more.

Even with impressive programs at UC San Diego and SDSU, the demand for bioinformatics professionals is simply too high for local universities to fill. As such, EDC launched the Life Sciences Trek to San Diego with the help of our economic development committee, to showcase local opportunities for Masters and PhD’s from across the country. The goal of the program: attract talent who can translate data into actionable results for application in healthcare and medicine. During the trek, the group would visit seven San Diego life sciences staples, presenting a range of career opportunities.

On November 9-10, we were joined by 27 students from across the U.S., representing UC Berkeley, UC San Francisco, University of Michigan, Stanford, Arizona State, UC Riverside, University of Northern Carolina, University of Pittsburgh and Georgia Institute of Technology. Through company tours, presentations and a networking reception, students gained access to influential researchers and executives across many of San Diego's research institutions and fast growing companies including ResMed, Illumina, the Salk Institute, Rady Children’s Institute for Genomic Medicine, Thermo Fisher Scientific, Takeda Pharmaceuticals and Human Longevity, Inc. From drug discovery to connected devices, genetic sequencing to direct patient care, the breadth of opportunities for bioinformaticians became apparent within San Diego’s diverse life sciences ecosystem.

Though a pilot program for EDC, the Life Sciences Trek to San Diego was largely a success. Providing an employer perspective, ResMed Lead Talent Acquisition Partner Amy Hernandez considered the trek a “fantastic employment branding opportunity” and a “great community event that highlighted San Diego as an attractive employment marketplace to a ripe generation of future leaders.” Additionally, the students were impressed. For one student, the trek displayed “tremendous opportunities to do biomedical research that directly impacts patient lives.” For another, the trek was a “fantastic opportunity and unique experience to get an inside look into companies and a career in Life sciences and in bioinformatics specifically,” saying “it was perfect timing in my last year of my PhD program.”

Looking ahead to 2018, EDC will continue to address the occupational demand for bioinformatics and other life sciences professionals in San Diego. EDC will play host second trek in 2018, and will emphasize the need for data science professionals as a part of the U.S. Chamber’s Talent Pipeline Management program, which takes an employer-focused approach to meeting talent needs.

EDC didn’t need to write talking points, as San Diego spoke for itself. The people we met, spaces we visited and stories we heard over the two days embodied the region’s life-changing identity. Surpassing expectation, the trek has left an undeniable impression on all who participated – students and locals alike.

See more at #SDLifeSciencesTrek.