Thriving Texas: A New Era of Growth and Innovation

Texas is booming. This year will mark the biggest growth for the state. Many different industries are thriving within Texas’s borders, with comedy being one of the most notable. The Texas Triangle is experiencing tremendous growth, especially in comedy. Austin, Dallas, and Houston are seeing more and more places hosting monthly and weekly open mic nights. It’s definitely been a change of pace as Gen X winds down and millennials start to take over the economy.

Another major booming industry in Texas is the tech industry. Regardless of what you may think about the power grid, the loose regulation has attracted major companies looking to take advantage of the great opportunity an unregulated power grid presents. Bitcoin mining companies have swooped in and started to consume stranded power. Diving more into this, stranded power in West Texas and many other parts has been a burden and a difficult situation to utilize. Not only do Bitcoin miners help consume that stranded energy, but they also turn it into economic value and help stabilize Texas’s power grid. There are more technical details, but I won’t get into that now.

Tech companies and startups are moving away from California and the West Coast, finding a home here in Texas, mostly in Austin and Dallas. Some of these companies are notable, such as Tesla and Samsung, which are opening major data centers and operating facilities. This is a big plus for innovation and entrepreneurship in Texas. Additionally, the cities of the Texas Triangle are growing in popularity. The construction of new apartment complexes continues to provide jobs and housing for a growing economy, paving the way for entrepreneurship, startups, and small businesses.

Seeing this outlook and the growing demand across almost every industry, we, as Simulation Now, have decided to contribute and become a part of this thriving state—the City With No Limits. We will be establishing a location soon, creating a space where individuals can congregate and collaborate with creativity and innovation.