No. 40: New Mexico
Solution Provider 500 Companies: 1
New Mexico is ranked No. 12 in overall labor/business costs and scores in the middle of the pack (No. 29) for the overall experience and education levels of its workforce.
But, the state scores poorly in taxes and regulations (No. 44): New Mexico charges a 5 percent sales tax on computer services, just one of four states that do so. It also doesn't do well in overall business opportunities (No. 45), largely due to low scores for economic diversity and broadband communications availability.
New Mexico is ranked No. 46 on quality of life/personal cost of living criteria, dragged down by its high crime rank (No. 46).
New Mexico has no solution providers on the Tech Elite 250, Next-Gen 250, and Fast Growth 100 and 50 Up-And-Comers list.