Information & Financial Services
Natural gas and low energy costs are fueling significant growth and inward investments to Oklahoma from industries that have high-energy needs, particularly data centers. When it comes to financial services, steady housing costs, a highly qualified workforce and relatively low-cost labor force make Oklahoma a great place to do business. Similarly, Oklahoma is the perfect location for back office and administrative occupations.
Companies looking to establish new centers are finding that Oklahoma offers what they need to run a profitable operation; lots of land, low operating and capital costs (i.e.: cheap energy), and ample water.
To date, more than 70 global companies, representing a wide range of industries, have found their way to Oklahoma to establish a data center that services their IT storage needs.
- Oklahoma is home to 73 datacenters.
- Labor costs are 22% below the national average for information related occupations.
- Oklahoma is the 4th largest producer of natural gas.
- 3rd in wind capacity with 6,645 MW of installed capacity.
- 3rd lowest industrial and commercial electricity rates (5.52 and 10.25 ₵/kWh, respectively) and overall rates 22% below the national average – a savings of $25,100 per 1,000,000 kWh.
Information and Financial Services Companies are Plugged in to Oklahoma
- Cox Communications
- Electronic Data Systems Corp
- Level 3 Communications
- Seagate US
- Paetec Communications