And Why GE is Moving to Boston General Electric, one of America’s most storied companies*, is leaving its headquarters in suburban Connecticut One main reason GE is relocating is to better “attract the talented workers who prefer to live and work in cities.” GE is also moving in order to position itself for a “new industrial era that will revolve around software innovation as much as bended metal.” Without a doubt, GE is looking to benefit from the rapidly growing innovation economy in Boston. to set up shop in Boston. Cities are hubs of culture and innovation and Boston is a prime example. The Boston metropolitan area is home to over 40 museums and attracting more than 360,000 students from all over the world. With schools like Harvard and MIT graduating some of the best and the brightest, Boston has an ample supply of talent should students decide to stick around. 85 private colleges and universities Additionally, Boston receives the of venture capital funding of all US Cities. It is also critical to note that and the prominent tech ecosystems tend to pull in the top talent (a la Silicon Valley). As the tech industry continues to expand, Boston is making a strong play to become a leading startup hub. Below are some of the companies leading the charge. 4th highest amount “the clustering of similar firms is more important than ever” 21 of the top Boston-based startups: - the world’s first social robot for the home Jibo - developed the world’s first robot with common sense to increase productivity and efficiency in manufacturing environments Rethink Robotics - brings application marketing & analytics together across the user lifecycle Localytics - developing an advanced molten salt reactor that generates clean, safe, proliferation-resistant, low-cost nuclear power Transatomic Power - send and receive money for free Circle - personalized meal plans & grocery lists to help you eat healthy and feel great Platejoy - provides your end-user devices with immunity against modern, zero-day, and lesser-known attacks Barkly - enterprise analytics and data management software company Cambridge Semantics - real-time threat intelligence company Recorded Future - High-resolution 3D printing. Designed for your desktop Formlabs - designs, builds and operates bike sharing programs for the world’s leading universities, businesses, hotels, and residential communities Zagster - track emails and work more effectively, right from your Gmail or Outlook inbox Yesware - global storage network that simplifies the entire data lifecycle and delivers enterprise storage as a fully managed service ClearSky Data - cloud Backend as a Service for any app Kinvey - a full-service pharmacy that delivers a better, simpler experience PillPack - improves education for millions of students and educators through educational resources powered by cloud technology Boundless - app uses sensor data collected through the phone and self-reported information to identify people who may need help Ginger.io - Crowdsourced market intelligence during path to purchase Mobee - platform that automates a data-enhanced sales approach for television advertising Clypd - customer support software that is used and trusted by 5,000+ businesses in over 60 countries Help Scout - helps real estate professionals increase sales and profits through beautiful, search engine-optimized websites and online marketing tools Placester Join a breakout tech company is a free mobile app that enables you to discover, evaluate and get hired by high growth companies (Download: | ). Insights about firms like Sprout Social and over 1000 more include the number of new hires and investment rounds in the past year, headcount growth, talent quality, H-1B hiring, salaries offered, number of employee hires and departures, and gender diversity ratios. 500 Miles iOS Android Download the app: | iOS Android continuously General Electric has been a component of Dow Jones Industrial Average since 1907
