News & Press
Park Place Technologies Expands Ohio Headquarters
A tech-savvy workforce, fueled by partnerships forged with universities in the region, drove the decision to expand in Ohio
Company Name: Park Place Technologies, LLC
Location: Mayfield Heights
Industry Sector: Technology
Company Profile: Park Place Technologies provides critical IT infrastructure to organizations ranging from government, higher education, and healthcare institutions to cloud service providers and Fortune 500 companies.
Company Website: www.parkplacetechnologies.com
- Type of Project: Expansion
- Jobs committed: 150
- Jobs retained: 467
Park Place Technologies has significantly increased its domestic and international operations through acquisitions and organic growth. The company has been headquartered in Northeast Ohio for several decades.
The company sought more space for its ongoing growth and wanted to do so in a thriving technology market.
Park Place Technologies chose to expand in the Northeast Ohio Region versus competitive out-of-state alternatives due in part to a tech-savvy workforce fueled by partnerships forged with universities in the region.
Ohio has a tech workforce of over 295,000 professionals that cost less than on the coasts. Ohio’s software engineers, for example, cost 40% less than California’s. In Ohio, businesses can tap into a deep talent pool that delivers more quality, diversity, and affordability. Colleges and universities across the state partner with companies to provide internship, co-op, research, and full-time opportunities, strengthening the next class of tech talent.
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JobsOhio, Team NEO, and the Ohio Department of Development