Addison’s economy thrives through sectors like Information Technology, Finance and Insurance, Manufacturing, Professional and Business Services, and Accommodation and Food Services, each contributing to employment and revenue. Companies like Accolite Digital in IT, Guaranty Bancshares in finance, ATW in manufacturing, Concentra in business services, and Hilton in hospitality are the pillars of Addison’s reputation as a city of excellence. These sectors, backed by technology and strategic investment, create a strong economy, high-paying jobs, and innovation. From digital transformation to hospitality experiences, Addison’s industries make the city a shining example of economic success and business leadership.
The Top industries in Addison, Texas, are:
- Information Technology
- Finance and Insurance
- Manufacturing
- Professional and Business Services
- Accommodation and Food services
Table of Contents
1. Information Technology
Texas employs over 304,185 people in the information technology sector, with 74,241 individuals working in Addison alone. Most of the employment in Addison comes from leading companies like Accolite Digital, Anblicks, Curantis Solutions, and Cortex. These big names are leaders in cloud computing, AI, data analytics, and emerging technologies that help grow the region’s economy and foster the IT landscape.
Accolite Digital, founded in 2007, is a digital transformation services company for the finance, technology, healthcare, and communication sectors. The IT company generated $428.1 million in 2024 and offers digital product engineering, technology solutions, application maintenance, cyber risk, governance, and testing services. In February 2024, Accolite merged with Bounteous to expand its AI and cloud services capabilities and provide engineering expertise and services across multiple markets. The merger added employees in North America and Asia-Pacific regions, totaling over 5,000. Anblicks, founded in 2004, provides customized IT solutions like seamless data migration, robust re-architecture, and transformative solutions for healthcare, retail, finance, real estate, and travel transportation industries. With over 50 Fortune 1000 clients, Anblicks made $64.4 million in 2024. Headquartered in Dallas, Texas, and India, the company has 568 employees and specializes in AIM Framework, simplifying data management. Anblicks’s plan includes advancements in data-driven decision-making and cloud technologies.
Managed IT Services help the Addison IT sector by handling IT operations and providing solutions like network monitoring, predictive maintenance, and cybersecurity. These services help IT companies to be more efficient and secure. Companies like Accolite Digital and Anblicks can get robust cybersecurity that protects their resources and network and provides data backup solutions.
2. Finance and Insurance
Finance and Insurance are significant parts of Addison’s economy, with 10,762 people employed and earning an average annual wage of $135,273. Companies like Mid America Mortgage, Inc., Gallagher Insurance, Guaranty Bancshares, Inc., Northwestern Mutual, and National Teachers Associates Life Insurance Company lead this sector. Focusing on financial innovation, these companies are helping make Addison a growing center for specialty financial services and foster regional growth.
Among the big ones, Mid America Mortgage, Inc., a mortgage lender established in 1940, had $75 million in revenue in 2024 with 421 employees. The company rebranded to Click n’ Close in 2022 and has recently invested in digital lending platforms to streamline the mortgage approval process and customer experience. Looking ahead, Mid America Mortgage plans to add AI and data analytics to offer personalized financial solutions and expand its market reach. Founded in 1913, Guaranty Bancshares, Inc. is a financial holding company with $179 million in revenue and 488 employees. It offers digital banking services to SMBs, professionals, and individuals, helping meet the growing demand for online financial transactions. Its future plans include investing in blockchain and fintech partnerships to revolutionize the banking experience for its customers further. National Teachers Associates Life Insurance Company, founded in 1938, had $57.77 million in revenue in 2024 with 165 employees. The company recently introduced new supplemental insurance products for educators. Its long-term plan is to use cloud-based solutions to improve policy management and customer engagement and explore new markets to grow.
Managed IT Services Providers help Addison’s Finance and Insurance sector protect their financial data and improve operations by offering cybersecurity, network monitoring, and data management solutions. For companies like Guaranty Bancshares, Mid America Mortgage, and National Teachers Associates Life Insurance Company, outsourcing IT to MSPs allows them to focus on core business, reduce downtime, and optimize digital services to scale and be secure in a tech-driven world.
3. Manufacturing
The U.S. Bureau of Labor Statistics predicts a 4% total growth in manufacturing from 2023 to 2033. Manufacturing significantly contributes to the Addison economy with companies like ATW and Mary Kay Holding Corporation. These companies show the diversity of the industry in Addison, producing goods ranging from trailers to cosmetics. As the hub of innovation and manufacturing, Addison has the infrastructure and workforce to support it.
American Trailer Works (ATW), based in Addison, has been operational since 2016 and makes high-quality trailers and related equipment. They are known for durability and innovation and serve the construction, agriculture, and logistics industries. In 2024, the company reported an impressive revenue of $1.4 billion, underscoring its industry leadership. In 2021, they invested $18 million in an Ohio manufacturing facility, created 249 jobs, and added $9.8 million to annual payrolls. Mary Kay Holding Corporation was founded in 1963 and is a global leader in cosmetics and skincare, with headquarters in Addison. In 2024, the company reported an impressive $2.5 billion in revenue and employed 5,000 individuals. Their products are sold in 40 countries through 3.5 million independent beauty consultants, reflecting their significance as a global company with local economic impact. Although based in Addison, Mary Kay’s operations contribute to regional and international manufacturing through its beauty products.
Managed IT Services Providers (MSPs) are key to modernizing and maintaining the Manufacturing sector in Addison. MSPs provide predictive maintenance, network monitoring, and cybersecurity management that optimize production and protect operational data. For companies like ATW and Mary Kay, MSPs offer supply chain management and real-time data integration to enhance efficiency and reduce downtime.
4. Professional and Business Services
Professional and Business Services employs 19,254 people and has a 76.0% market share in Addison through 241 companies. Big companies like Concentra, Jani-King International, Bottle Rocket, and Symphion drive the region’s innovation and deliver services in the healthcare, technology, and hospitality sectors.
Concentra opened in Addison in 1979 and currently employs 9,020 individuals in 549 occupational health centers, and 156 on-site clinics that serve over 50,000 patients a day. They offer workplace injury care, physical therapy, and health screenings to support workforce health and productivity. In Q3 2024, they reported $489.6 million in revenue, which was 3.3% growth year over year. They are expanding through new centers and acquisitions to meet the growing demand for business healthcare solutions. Jani-King International, founded in 1969, is a global leader in commercial cleaning and janitorial services based in Addison. In 2024, it had $93 million in revenue and 550 employees, with a revenue per employee ratio of $169,091. Jani-King is known for its customized cleaning programs that address industry-specific needs and use new technology. With increased hygiene awareness, Jani-King is the go-to name for clean and safe environments, from corporate offices to medical facilities.
MSPs offer services like cybersecurity management, network monitoring, and cloud integration so that professional and business services companies like Concentra and Jani-King International can protect their data and stay operational. These services enable companies to adapt to technological demands while focusing on their core business. Using MSPs increases efficiency and provides scalability, driving growth and innovation.
5. Accommodation and Food Services
Addison’s Accommodation and Food Services sector is famous for hospitality, dining, and tourism and serves residents, business travelers, and tourists. Key players in the industry are Wingstop Restaurants Inc., Hilton, Holiday Inn Express and Suites, Quality Inn and Suites, and Chick-fil-A. Together, these companies are the backbone of Addison’s hospitality and food services and show the city’s focus on quality and innovation in customer experience.
Wingstop Restaurants Inc., based in Addison, is a leader in the fast-casual space, specializing in chicken wings and unique flavors. The company’s market cap of $11.521 billion as of September 2024 is a testament to its size. With 1,225 employees, Wingstop is driving innovation through menu and digital platforms, including its very successful online ordering system, which has streamlined operations and made it more convenient for customers. The brand’s aggressive growth strategy and customer focus have made it a major player in the fast-casual space. Hilton is a global giant in the hospitality industry and has a significant presence in Addison, with multiple hotels serving business and leisure travelers. Globally, Hilton had $8.93 billion in revenue in 2023, showcasing their economic power. Hilton has flagship properties in the city that offer luxury and comfort. These hotels are key to meeting the area’s growing business travel and tourism. Hilton’s focus on digital transformation (mobile key and personalized guest experiences) will keep them relevant and attractive in an ever-changing hospitality market.
MSPs provide services like network management, predictive analytics, and cybersecurity solutions that help companies like Hilton and Wingstop improve customer experience and operations. MSPs can manage booking systems and supply chains to ensure smooth service delivery. These IT solutions allow businesses to grow and focus on customer satisfaction while reducing costs and data security, which is sustainable success in Addison’s hospitality and dining space.
Why Addison’s Leading Industries Choose Managed IT Services for Success?
Managed Services are crucial to Addison’s leading industries, providing bespoke solutions to increase operational efficiency, protect sensitive data, and support scalable IT infrastructure. Cloudavize, a trusted Managed Service Provider, offers services like network monitoring, cybersecurity management, and predictive maintenance so industries like IT, Finance, Insurance, and Manufacturing can focus on innovation and core activities. By reducing downtime and seamless technology integration, Cloudavize enables Addison businesses to adapt to changing market demands while remaining productive and cost-effective.
