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==Economy== ===Top employers=== According to the city's 2022 Annual Comprehensive Financial Report,<ref>{{cite web|url=https://www.alpharetta.ga.us/docs/default-source/publications/comprehensive-annual-financial-report/2022-annual-comprehensive-financial-report.pdf |title=City of Alpharetta ACFR |access-date=January 16, 2023 }}</ref> the city's top private sector employers were: {| class="wikitable sortable" |- ! # ! Employer ! # of employees |- |1 |[[ADP, Inc.]] |2,231 |- |2 |[[Fiserv, Inc.]] |2,088 |- |3 |[[Equifax]] |1,669 |- |4 |[[LexisNexis]] |1,384 |- |5 |[[MCI Inc.]] ([[Verizon]]) |1,095 |- |6 |ET Securities, LLC |878 |- |7 |[[Ernst & Young]] |806 |- |8 |[[Hewlett Packard Enterprise]] |738 |- |9 |[[Synchrony Financial]] |600 |- |10 |LocumTenens.com |496 |} ===Retail and mixed-use complexes=== Complexes in the area include: *[[North Point Mall]], a traditional mall set for redevelopment *An {{convert|86|acre|ha|adj=on}} [[mixed-use development]], [[Avalon (Alpharetta, Georgia)|Avalon]], opened in 2014. *The [[Halcyon (Forsyth County, Georgia)|Halcyon]] mixed residential-retail-entertainment-dining complex opened in 2019 in nearby Forsyth County has an Alpharetta postal address, but is not within the city limits or in the same county. *The Maxwell, a 37,000-square-foot retail space in Downtown Alpharetta with a variety of entertainment, restaurants, and health and wellness companies. Downtown Alpharetta also consists of over 600 businesses including The Hamilton Alpharetta hotel, specialty boutiques, restaurants, fitness studios, and coffee shops.<ref>{{Cite web |date=October 29, 2024 |title=Downtown Alpharetta |url=https://alpharetta.com/downtown-alpharetta/ |website=Alpharetta.com}}</ref> ===Data centers=== Alpharetta invested in [[optical fiber]] since the 1980s and hosts multiple [[data center]]s.<ref>{{cite web|url=https://businessviewmagazine.com/alpharetta-georgia-north-fulton-county-technology-hub-south/|title=Alpharetta, Georgia – North Fulton County – Technology hub of the South|date=2022-07-08|quote=Investors, seeing the potential of the city’s location just outside Atlanta, decided to install fiber optic cable in the area. What was once a primarily agricultural community quickly drew the attention of data centers and technology companies.}}</ref> In 2019, the [[fintech]] industry in the Atlanta area was a driver of data center expansion in Alpharetta.<ref>{{cite web|url=https://www.fierce-network.com/telecom/flexential-boosts-data-center-capacity-atlanta-to-better-serve-fintech-market|title=Flexential boosts data center capacity in Atlanta to better serve fintech market|quote=Atlanta and the surrounding "Transaction Alley" represent the third-largest fintech hub in the U.S., with more than 70% of all credit card transactions processed through the Atlanta metropolitan area, according to the Atlanta Small Business Network. All told, more 120 fintech firms are headquartered or have a significant presence in Georgia with the top-10 generating annual revenue of $72 billion.}}</ref> While supported by tax breaks from Fulton County authorities,<ref>{{cite web|url=https://www.datacenterfrontier.com/hyperscale/article/55126626/details-emerge-on-microsofts-18-billion-investment-in-atlanta-data-centers-amid-tax-development-wrangles|title=Details Emerge On Microsoft's $1.8 Billion Investment In Atlanta Data Centers Amid Tax, Development Wrangles|date=2024-07-18}}</ref> data center expansion run into limitations from state regulations<ref>{{cite web|url=https://www.datacenterdynamics.com/en/news/georgia-senate-passes-bill-to-suspend-data-center-tax-exemptions/ |title=Georgia Senate passes bill to suspend data center tax exemptions|date=2024-03-18}}</ref> and local zoning authorities in 2024, as capacity in Atlanta tripled from 200 MW to over 700 MW in 2023.<ref>{{cite web|url=https://www.datacenterdynamics.com/en/news/atlanta-city-council-passes-rules-limiting-data-center-locations/|title=Atlanta City Council passes rules limiting data center locations: Data centers cannot be built near the Beltline or MARTA rail stations|date=2024-09-04|quote=Officially approved on September 2, the regulations will prevent data centers from being built near the Beltline and within a half mile of MARTA rail stations, as reported by RoughDraft Atlanta. From the first to the second half of 2023, data center projects “skyrocketed from over 235MW to over 730MW, equivalent to the output of a typical natural gas plant,” the legislation said.}}</ref> ===Tech Alpharetta=== Tech Alpharetta (formerly known as the Alpharetta Technology Commission<ref>{{Cite news|url=https://www.ajc.com/news/local/alpharetta-technology-panel-gets-new-name/hxTd0hkv4rNAXsXZSG8wnN/|title=Alpharetta technology panel gets new name|first=David|last=Ibata|newspaper=The Atlanta Journal-Constitution|language=en|access-date=2020-03-17}}</ref> or simply ATC) is an advisory organization established by the City of Alpharetta in 2012.<ref name=":0">{{Cite web|url=https://www.techalpharetta.com/history/|title=History|website=Tech Alpharetta|language=en-US|access-date=2020-02-28}}</ref> The organization is an independent, [[501(c)(6)]] [[nonprofit organization]]<ref name=":0" /> that aims to help Alpharetta lead in technology innovation.<ref name=":1">{{Cite web|url=https://www.businesswire.com/news/home/20191219005546/en/Tech-Alpharetta-Appoints-New-Members-Strategic-Board|title=Tech Alpharetta Appoints Six New Members to Its Strategic Board|date=2019-12-19|website=www.businesswire.com|language=en|access-date=2020-02-28}}</ref> Tech Alpharetta runs an advisory board of technology companies based in the city, holds monthly technology events for technology executives,<ref>{{Cite web|url=https://www.mdjonline.com/neighbor_newspapers/north_fulton/community/upcoming-tech-alpharetta-panel-focused-on-technology-s-transformation-of/article_90a02c4a-12d3-11e9-81d9-33046ab7690f.html|title=Upcoming Tech Alpharetta panel focused on 'technology's transformation of healthcare'|last=Moscarello|first=Lindsay|website=MDJOnline.com|date=January 7, 2019 |language=en|access-date=2020-03-17}}</ref> and operates the Tech Alpharetta Innovation Center, a technology [[startup incubator]].<ref name=":1" /><ref name=":2">{{Cite news|url=https://www.ajc.com/news/local/alpharetta-oks-200k-for-city-technology-incubator/DF2M1FriStnwJ8K2gPOltN/|title=Alpharetta OKs $200K for city's technology incubator|first=David|last=Ibata|newspaper=The Atlanta Journal-Constitution|language=en|access-date=2020-02-28}}</ref> As of early 2020 about ten companies have "graduated" from Tech Alpharetta's incubator and were hiring employees in the North Fulton County region.<ref>{{Cite web|url=https://www.bizjournals.com/atlanta/news/2019/07/05/north-fulton-taking-aim-at-tech-health-care-worker.html|title=North Fulton taking aim at tech, health-care worker shortages|website=www.bizjournals.com|access-date=2020-03-17}}</ref> ===Major companies=== [[File:5995 Windward Pkwy, Alpharetta, GA March 2017.jpg|thumb|[[McKesson Corporation]] offices]] [[File:1000 Windward Concourse, Alpharetta, Georgia March 2017.jpg|thumb|[[Travelers Insurance]] offices]] [[Cynergy Data]] is headquartered in Alpharetta, as was [[NetBank]] when it existed.<ref>{{cite web|url=http://www.netbank.com/contact.htm |author=[[NetBank]] |date=January 11, 2001 |access-date=February 25, 2011 |title=NetBank Royal Centre Three, Suite 100 11475 Great Oaks Way Alpharetta, GA 30022 |url-status=dead |archive-url=https://web.archive.org/web/20010111031900/http://www.netbank.com/contact.htm |archive-date=January 11, 2001 }}</ref>
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