Arkansas has flown under the national radar when it comes to technology based industries, but this is likely to change in the future if the current tech companies step up their game. Luckily, a strong tech startup ecosystem has slowly taken over, which makes the state well known for tech-based innovation and its commitment to stressing computer science lessons in the classroom. Due to this, Arkansas has established local companies that are flourishing in tech industries and different programs as well as resources that are designed to assist entrepreneurs to move the local economies.
The Largest Tech Companies by Revenue
|Access Control Devices||US $29 Million|
|Apptegy||US $100K-5.0 Million|
The Largest Tech Companies by Employee Count
|Company||No of Employees|
|Access Control Devices||50-100|
The Largest Publicly Traded Tech Companies
|LiveRamp Holdings Inc (RAMP)||$2.144 Billion|
Which Tech Companies Were Founded In Arkansas?
GENESIS Technology Incubator
GENESIS is a technology company that is based in the Arkansas Research and Technology Park in Fayetteville, Arkansas. This tech company provide different services to qualifying technology entrepreneurs who wish to base most of their operations during some critical stages of a company, like early stage development.
This company has a record track of assisting in launching firms that are successful and have had a lasting positive impact, mostly in the economy of Northwest Arkansas. GenESIS has an important role in advancing the state into the new 21st century.
Since it was started, GENESIS has already helped a number of tech entrepreneurs to increase their firms to a certain point of economic viability. The incubator has a crucial role as an entry point for startups like ARTP Company and others that are working to come up with emerging technologies in different fields.
By offering support to some young firms, it allows Genesis to act as a catalyst for increasing the number of knowledge-based jobs in Arkansas and strengthening the economy of the state and region.
Most information about Genesis’ history and founding isn’t available on the web.
What Are The Biggest Tech Companies Located In Arkansas?
Access Control Devices
This is a primary engaged company mostly used in the manufacturing of automatic vending machines as well as coin-operated mechanisms for different machines. Access Control Device is a start-up technology company in Arkansas with only 31 employees and a total of $29.0 million in annual revenue.
There is no sufficient information available about the Access Control Devices technology company.
What Are The Largest Private Companies In Arkansas?
Back in April 2015, Jeston George started the Apptegy. This was a private education-technology company based in Little Rock, Arkansas. George was able to secure in-state venture capital that supported him in launching his company.
The main reason for starting this tech company was that he wanted to be aware of his nephew’s school program well in advance so he could have time to plan everything. He realized that almost all local schools had no centralized tool that would share information with the families of students.
George came up with the Apptegy software product to fill this gap. It was called Thrillshare. This allowed students to enter stories, media, and news into a single platform, which later shared content to all the linked tools such as SMS, websites, social media accounts, and voice calls.
What Are The Largest Publicly Traded Tech Companies In Arkansas?
LiveRamp Holdings, Inc.
This company was formerly called Acxiom Corporation. LiveRamp Holdings, Inc. is a San Francisco-based tech company that is based on SaaS that provides a platform for data connectivity whose services are data on boarding. This is the online transfer of offline data for marketing purposes.
The History of LiveRamp: What to Know
LiveRamp was founded in 1969 as Demographics, Inc. This company was started by Charles D. Ward in Conway, Arkansas. Firstly, this company started by manufacturing mailing lists by using payroll and phone book processing.
In 1980, Demographics, Inc. rebranded to Conway Communications Exchange, and in 1983, it merged as CCX Network, Inc., and it was successful in its first public offering. Later, in 1988, it changed to Acxiom Corporation.
In November 1997, Acxiom inherited Buckley Dement, a service provider of professional medical lists and healthcare fulfillment. In May 1998, the company announced publicly that it was acquiring one of its main competitors, May &Speh.
After it was criticized by Wired Magazine back in 2003 for only acquiring third-party consumers, it acquired some parts of Claritas in 2004, which was a European data provider.
In 2005, this company acquired Digital Impact for a total of $140 million and incorporated most of its online and digital services into its business. It became a nominee in 2005 for the Big Brothers Awards for the position of Worst Corporate Invader for its tradition of data brokering.
The Founding of LiveRamp: How it Happened
Acxiom, which is currently known as LiveRamp, was founded back in Arkansas in 1969 by the use of some physical lists of the mailing addresses from different phone books. Up until 2018, Acxiom was the owner of one of the world’s largest commercial databases.
Due to the company’s avoiding attention from the public, the data brokerage industry and Acxiom were under intense investigation after the scandal of Cambridge Analytica. New privacy laws in California and Europe have changed the industry dramatically.
Acxiom decided to sell its brand name and databases for a total of $2.3 billion, rebranding the company to LiveRamp and becoming a data exchange standard within some of the large data markets.
Today, the main product for LiveRamp is the IdentityLink. This allows different companies that own data to be able to use some of their algorithms to match different identifiers for any individual of their own, as well as improve third-party data.
What Are The Forgotten Tech Companies In Arkansas?
There is no information available about some of the forgotten tech companies in Arkansas since it is a state which is dominated by start-up companies in the tech industry. As a result, Arkansas may not have forgotten companies, but rather growing tech companies.