Silicon Peach is a term used to refer to Atlanta and the concentration of high tech development in the area. The term is a continuation of the reference following Silicon Valley (California), Silicon Alley (New York), Silicon Prairie (Chicago), Silicon Hills (Austin), and Silicon Beach (Los Angeles). Atlanta has long been a high tech center. Some of the traditional engines of technology development in Atlanta have been the ATDC at the Georgia Institute of Technology and the Technology Association of Georgia (TAG).[1] New centers of innovation and technology acceleration are emerging, including the recent launch of the Atlanta Tech Village;[2] the Ponce City Market; Tech Square Labs;[3] and the Flatiron Accelerator.
Atlanta is one of the fastest growing high-tech urban centers in the United States, with a particular focus on:
According to a 2012 Jones Lang LeSalle report, Atlanta is the 10th largest technology city in the United States. The report went on to say that Atlanta tech companies generated $113 billion in revenue and nearly 30,000 new jobs.[5] It is estimated that Atlanta companies will invest over $1 billion into new technology over the next five years.[6]