​​​​​​​​​Information Services Technology

Virginia Beach has proven to be a strategic location for the information and communication technology industry sector seeking an advantageous business climate.

The industry has a strong telecom infrastructure, reliable power supply and higher education facilities that provide degrees in computer sciences, communications and other information services-related fields.​

More than 30,000 civilians in the MSA work in information and communication technology and IT/electronics-related engineering.  Local universities offer a wide variety of degree and certificate programs to support the area’s rapidly expanding private-sector IT core.  Old Dominion University was the first college in America to offer a PhD in Modeling and Simulation. They created the Virginia Modeling, Analysis, and Simulation Center to serve as a global research center of excellence for Modeling and Simulation in the areas of gaming, emergency response, transportation, health care, and defense. 

For most technology companies new to Virginia Beach, the City has capped the annual business license fee (gross receipts tax) at $50 for each of the first two years of operations.  For other incentives, visit our incentives page​. ​

Recent Technology Accomplishments​ ​​

  • ​Telefónica, a Spanish telecom company, has constructed a 24,000-square-foot cable landing station to support two new ultra-high speed transatlantic fiber optic telecommunication cables that have landed in Corporate Landing. The first one MAREA, owned by Microsoft, Facebook, and Telefónica, brought the first ultra-high-speed 200​ terabit fiber optic cable from Bilbao, Spain to Corporate Landing. BRUSA, owned by Telefónica , brought the second cable from Rio de Janeiro, Brazil to Virginia Beach in the fou​rth quarter of 2018.​​
  • Globalinx Data Center, LLC, headquartered in Virginia Beach, has agreed to purchase 10 acres of land for $2 million in the Corporate Landing Business Park from the Virginia Beach Development Authority. The company plans to develop a 138,000-square-foot international, carrier-neutral data center to provide connections for numerous fiber providers. ​​Dunant (Google-owned, from France) will be the 3rd cable which is scheduled to land March 22, 2020, and will be operational by the end of 2020. 
  • PointOne, an international hyperscale data center developer, announced plans​ to invest $80 million.​

Major IT Companies in Virginia Beach

Christian Broadcasting Network Inc.720
Lockheed Martin​510
​Liberty Tax/JTH Holdings​400

Electronic Systems Inc.​

Doma Technologies, LLC475​

Key Positions - Average Annual Salaries

PositionVirginia Beach MSAUnited States
Computer and Information Systems Managers$151,130
Computer and Information Research Scientists$108,700*
​​Computer Systems Analysts​$98,330
Computer Programmers$80,750*
Source: U.S. Bureau of Labor Statistics,  MSAU​SA  ​May 2020 (Latest ​Data​)​, *New Estimates not Released

Business Spotlight

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