Daktronics
Daktronics is world leader in the digital display board development and technology. The company headquarters are located in Brookings South Dakota and they are one of South Dakota’s largest employers, making them essential to the state’s economy.
Daktronics is famous for developing and innovating digital display boards. Thousands of LED scoreboards, billboards, signs, and audio are installed every year by Daktronics. Daktronics offers a variety of digital display equipment, and continues to innovate every year. Perhaps the most essential thing about Daktronics to the state of South Dakota is how it effects the economy and industry here in the state.
Founding
Daktronics was founded in 1968 by two electrical engineering professors at South Dakota State University. Originally, Daktronics produced the state’s first digital voting system.
Customers
Daktronics quickly grew from voting systems and started making digital display boards. These display boards were used by high schools, colleges, professional sports teams and have even been used in the Olympics.
There are several major things Daktronics have created. The first is the world's largest scoreboard. This scoreboard is located in Jacksonville, Florida and is the scoreboard for the NFL team, the Jacksonville Jaguars. Another important invention for Daktronics is the NBA shot clock and the red line around the perimeter of the backboard when the shot clock reaches zero. Lastly, Daktronics is the only major company in the world to integrate their digital display and audio systems.
Effect on the Economy
The Digital display industry is a multi-billion dollar per year industry. Daktronics currently has approximately 30% of the entire world market in electronic and digital display industry. Daktronic's 30% of the world market share makes them the largest producer of LED digital display boards in the world.
Currently, Daktronics is in 17 different countries and has 50 regional offices around the world. With its headquarters in Brookers South Dakota, Daktronics currently employs over 900 people in the state, making it the 16th largest employer in the state.
Daktronics is a publicly owned company, meaning anyone who wants to own a part of this company can buy and trade Daktronics stock.
Daktronics has grown as a company over the last forty years and now has revenue close to 500 million dollars since the company was founded. This is why Daktronics is an essential industry based here in the state of South Dakota.
Sources:
“DAKT Key Statistics | Daktronics, Inc. Stock - Yahoo Finance.” Yahoo!, Yahoo!, finance.yahoo.com/quote/DAKT/key-statistics?ltr=1. Accessed 13 Mar. 2017.
“Daktronics, Inc.” History of Daktronics, Inc. – FundingUniverse, Funding Universe, www.fundinguniverse.com/company-histories/daktronics-inc-history/. Accessed 13 Mar. 2017.
“Experience the Daktronics Difference.” Daktronics, Daktronics, www.daktronics.com/en-us. Accessed 13 Mar. 2017.
Daktronics is world leader in the digital display board development and technology. The company headquarters are located in Brookings South Dakota and they are one of South Dakota’s largest employers, making them essential to the state’s economy.
Daktronics is famous for developing and innovating digital display boards. Thousands of LED scoreboards, billboards, signs, and audio are installed every year by Daktronics. Daktronics offers a variety of digital display equipment, and continues to innovate every year. Perhaps the most essential thing about Daktronics to the state of South Dakota is how it effects the economy and industry here in the state.
Founding
Daktronics was founded in 1968 by two electrical engineering professors at South Dakota State University. Originally, Daktronics produced the state’s first digital voting system.
Customers
Daktronics quickly grew from voting systems and started making digital display boards. These display boards were used by high schools, colleges, professional sports teams and have even been used in the Olympics.
There are several major things Daktronics have created. The first is the world's largest scoreboard. This scoreboard is located in Jacksonville, Florida and is the scoreboard for the NFL team, the Jacksonville Jaguars. Another important invention for Daktronics is the NBA shot clock and the red line around the perimeter of the backboard when the shot clock reaches zero. Lastly, Daktronics is the only major company in the world to integrate their digital display and audio systems.
Effect on the Economy
The Digital display industry is a multi-billion dollar per year industry. Daktronics currently has approximately 30% of the entire world market in electronic and digital display industry. Daktronic's 30% of the world market share makes them the largest producer of LED digital display boards in the world.
Currently, Daktronics is in 17 different countries and has 50 regional offices around the world. With its headquarters in Brookers South Dakota, Daktronics currently employs over 900 people in the state, making it the 16th largest employer in the state.
Daktronics is a publicly owned company, meaning anyone who wants to own a part of this company can buy and trade Daktronics stock.
Daktronics has grown as a company over the last forty years and now has revenue close to 500 million dollars since the company was founded. This is why Daktronics is an essential industry based here in the state of South Dakota.
Sources:
“DAKT Key Statistics | Daktronics, Inc. Stock - Yahoo Finance.” Yahoo!, Yahoo!, finance.yahoo.com/quote/DAKT/key-statistics?ltr=1. Accessed 13 Mar. 2017.
“Daktronics, Inc.” History of Daktronics, Inc. – FundingUniverse, Funding Universe, www.fundinguniverse.com/company-histories/daktronics-inc-history/. Accessed 13 Mar. 2017.
“Experience the Daktronics Difference.” Daktronics, Daktronics, www.daktronics.com/en-us. Accessed 13 Mar. 2017.