Research Triangle Park
The Research Triangle Park, otherwise known as 'RTP,' is one of the oldest and is the largest research park in the United States as well as the world. This 7,000 acre development is called home for 170+ companies that employs over 40,000 full-time people that live in the Raleigh-Durham area. Being located in a region with a population of almost 3 million within a 60-mile radius allows RTP to serve as a globally prominent high-technology R&D center.
With three of the country's most prestigious research universities also nearby, it provides the perfect venue for the Research Triangle Park to attract the most innovative and inventive companies in the world. The combined effect of these resources provides a skilled and knowledgeable workforce ready to help drive the region's economy forward.
Research Triangle Park Companies
RTP is called home by many companies of various disciplines including those of Fortune 100 multinational R&D operations as well as university spin-outs and start-up operations. Since 1970, there has been more than 1,500 start-up companies created in RTP. The companies cover a wide variety of industry that can cater to almost anyone's dream job desires including life sciences, information technology, materials sciences & engineering, scientific associations and institiutes, and environmental sciences. RTP also has a number of US federal agencies with offices on the grounds.
Of the 7,000 acres in RTP, there is 25 million square feet of developed space that is both occupied and available for use. RTP offers an innovation-rich environment for all types of research companies.
Partners of ECE in the Research Triangle Park
The Research Triangle Park is made up of many companies that take engineers from our very department. Below is a small list of companies that are top consumers of electrical and computer engineering graduates.
International Business Machines (IBM) is a multinational computer technology and consulting corporation founded in 1889. IBM employs 388,000 people worldwide with 10,800 in the Research Triangle Park. As a company, IBM manufactures and sells computer hardware and software, and offers hosting services, infrastructure services, and consulting services in areas ranging from mainrame computers to nanotechnology. IBM's product lines in RTP includes computer systems, software, storage systems and microelectronics. The business units of IBM located in RTP include IBM Global Services, Software Development, Microelectronics Division, University Recruiting and Relations, Marketing and Services.
Cisco Systems, Inc. is a multinational corporation with one of their major locations in the Research Triangle Park. Cisco employs over 63,000 people with 3,400 in RTP and has an annual revenue of $35 billion (2007). The company is responsible for designing and selling networking and communications technology and services under five brands - Cisco, Linksys, WebEx, IronPort, and Scientific Atlanta. Among these brand products are routers and switches; Cisco's switch line includes equipment based on Ethernet, Gigabit Ethernet, Token Ring, and ATM technologies. Cisco's other products include remote access servers; IP telephony equipment used to transmit data and voice communications over the same network, optical networking components and network service and security systems.
Sony Ericsson Mobile Communications is a joint venture between Sony Corporation and Ericsson to make mobile phones. Because of this joint venture, it has served the global communications market with innovative and feature-rich mobile phones, accessories, PC-cards and M2M Solutions. The company employs 5,000 people worldwide with 750 employed in the Research Triangle Park.