UNITED STATES – San Francisco and the surrounding area are widely recognized as one of the most beautiful places to live in the entire United States. The relaxed atmosphere, glorious weather, and breathtaking scenery have made it a hit with both locals and visitors from across the country. It has also become known as the home of several of the world’s largest technology companies, including those listed on some of the world’s most exclusive stock market indices.
For more than two decades, Silicon Valley, about 30 miles outside of central San Francisco, has been home to many of the best-known names in technology and manufacturing. As such, it has become a globally recognized center for innovation, and the name “silicon” comes from a large number of startups and established technology companies that call it their home.
The Dow Jones 30
More than 30 Fortune 1000 companies, hundreds of startups and several in the Dow Jones are based in Silicon Valley. The former is a comprehensive list of all of the top-selling companies in the United States. It was compiled by Fortune Magazine and is one of the oldest indexes in existence. The latter is more specialized and counts 30 companies based on the performance of their stocks and offers a real cross-section of American industry. With a market cap of around $ 8 trillion, it includes some of the biggest names in the world. These include Google, Apple Inc., Facebook, Netflix, Adobe, eBay and Oracle.
Cisco Systems is one of the companies on Dow Jones 30, which calls Silicon Valley home. Founded in the region in 1984, the company is listed on the Dow, NASDAQ, S&P 100 and 500. The network hardware and software manufacturers have annual sales of $ 51.90 billion and employ nearly 76,000 people.
Global tech is hot in San Francisco and Silicon Valley.
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But successful multinational companies are not only based in the valley. The Dow Jones listed Salesforce is also in the region. The company is a developer of a cloud-based product that focuses on customer service, sales fulfillment, analytics, app development and automated marketing services. It is also ranked as one of the best companies to work for in the world.
Another example of a Dow Jones company is one of the most famous brands in the world. Apple Inc. Founded in 1976 by Steve Jobs, Steve Wozniak and Ronald Wayne, the company is listed on the DOW, NASDAQ and the two S&P indices. The company has more than 500 stores worldwide, employs 137,000 people, and generates annual sales of $ 274.5 billion. The product range includes cell phones, tablets, computers, PCs, peripherals and software.
These are just a few examples of the big-name technology companies that call Silicon Valley and San Francisco home. The presence of these companies is a big bonus for the region and together employs 318,000 people. Most of these are well-paying jobs, which means that the tech industry and the Dow Jones, NASDAQ and S&P companies there are significant contributors to the local economy.
If you work in the technical field, moving to San Francisco could be a smart decision for your future. Even with the global shift towards remote working, Silicon Valley and the surrounding area will retain their popularity.