Software Development Center
The Challenge
- A leading software developer needed to consolidate and expand its 200 employee software development operation into a strategic location.
- Needed to develop a business plan to maximize economic savings while gaining access to high quality, low cost software developers.
- After review nearshore and offshore solutions, they focused their efforts in the United States for optimal site performance.
The Solution
- Established employee profiles for each business unit based on skill sets, educational attainment, industry experience and applicant sources.
- 328 metro areas were filtered based on a complex process to identify 4 metro areas for in-depth evaluation.
- Developed a customized weighting of location variables to evaluate each location based on labor availability, labor costs, business climate, education output, accessibility, real estate and economic incentives.
The Result
- Negotiated a lease in an emerging tech-centric central business district.
- Negotiated an economic incentive package in excess of $4.0 million inclusive of refundable tax credits, training grants and parking cost waiver.
- Achieved labor cost savings in excess of $30,000 per employee over their existing operations.