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BizLitics expands operations to Charleston

Agriculture
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Staff Report
Published Nov. 9, 2015

A data analytics company headquartered in Rochester, N.Y., is expanding operations to Charleston.

Ernest Andrade, director of the Charleston Digital Corridor, said BizLitics has opened its second U.S. location at the Flagship2 business incubator on Alexander Street.

BizLitics CEO Stephen Wallace said he selected Charleston because of its rapidly growing manufacturing and health sectors, as well as the region’s expanding air service and high quality of life. (Photo/Victoria Jean Buckman for the Charleston Digital Corridor)BizLitics CEO Stephen Wallace said he selected Charleston because of its rapidly growing manufacturing and health sectors, as well as the region’s expanding air service and high quality of life. (Photo/Victoria Jean Buckman for the Charleston Digital Corridor)
The company was founded in 2009 by Stephen Wallace, former chief information officer for Constellation Brands, to help companies make better decisions based on data analysis and visualization. BizLitics also offers data integration, blending and database design and storage.

Andrade said BizLitics considered several other cities in the southeastern U.S. before choosing Charleston. He said the company liked the rapidly expanding manufacturing and health care sectors in the region, and, like a lot of company founders, he was drawn to Charleston’s quality of life. Wallace also said the expansion of air service in the Lowcountry was a major consideration when selecting Charleston.

Charleston International Airport has added more flights and airlines over the past year. Alaska Air is set to start nonstop flights from Seattle to Charleston on Nov. 16, and JetBlue plans to offer daily nonstop flights between Charleston and Fort Lauderdale, Fla., three days later.

“Beyond the terrific support for tech companies like ours, a characteristic that is somewhat unique in Charleston is that while the tech companies compete for talent and capital, there is also a great sense of collaboration and community among them,” Wallace said. “People just seem happy here.”

Andrade said technology is 5% of the Charleston region’s economic profile and is one of the fastest-growing sectors for business activity and employment. He said the Charleston Digital Corridor has set “an ambitious goal to grow the tech economy from 350+ companies to 500 by 2020.”

“While Charleston’s initial ascent as a tech hub has been mostly organic, we have made key investments to help us accelerate the growth of the tech industry at a rate above the national average,” Andrade said in a news release.

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