Inside INdiana Business is reporting that software development firm EduSource has announced plans to expand its Carmel operations and add up to 30 jobs by 2019. The company will invest more than $1 million to lease a new office in the city, which will focus on training students in custom software development.
The company uses a student apprentice model to provide companies an alternative to outsourcing software development overseas. It says that gives those companies a software development option offering a common language and local time zone. EduSource says its revenue has grown by 230 percent in the past year.
“Indiana has a strong core of technology-focused universities – schools like Purdue University, which has had a solid reputation for engineering since the 1800s,” says EduSource founder and President Jason Beutler. “But you also have private schools, like Taylor University and Rose Hulman, that have incredible programs. When you couple that with a reasonable cost of living and the friendly, hardworking ethos of Hoosiers, you have an ideal base for a company that is working to equip the future.”
The company was founded in 2012 and primarily serves research management organizations, financial institutions and government warrant and arrest systems. It is hiring for computer engineers, business analysts, project managers, sales associates and administrative professionals.
The Indiana Economic Development Corp. offered the company more than $400,000 in conditional tax credits and training grants based on the company’s job creation plans. The city of Carmel is supporting the project as well.