A global cloud services provider and leader in enterprise crowdsourcing is preparing to make Indianapolis home to its corporate headquarters.
Appirio Inc. announced Friday it will invest $7.7 million over the next five years in Indianapolis to build on its continued growth in the area. The company is moving its headquarters from San Francisco.
“Our state has reached a historic milestone with more Hoosiers working than at any time in Indiana’s history,” Gov. Mike Pence said in a statement. “That progress will continue because companies like Appirio are choosing Indiana for their job creation because of the state’s low-cost, low-tax business climate and talented workforce. More than 50 percent of the state’s economic development efforts during the first half of this year have been in the information technology sector, ensuring the continued growth of high-wage Hoosier jobs for years to come.”
Earlier this year, Appirio doubled its footprint to 25,000 square feet after renovating and moving into an additional floor at the Pan American Office Tower to accommodate the company’s future growth.
Founded in 2006, Appirio employs more than 1,200 employees worldwide and has global offices in San Francisco, Dublin, London, Jaipur and Tokyo.
Since being founded in Indiana in 2012, the company has grown from 20 to 151 associates. Appirio’s goal is to employ as many as 577 Hoosiers by 2020.
Appirio invests heavily in recruiting and hiring Indianapolis-area graduates. The company also contributes to Indianapolis-area non-profits through its corporate philanthropy program, Silver Lining.
“The designation of Indianapolis as our headquarters reflects the office’s important role as a global training center and recruiting hub as we look to support our growing list of customers and partners,” Chris Barbin, chief executive officer of Appirio, said in a statement. “We know Indianapolis will make a strong home base for global operations, and we look forward to an even more interconnected future for Appirians, our customers and our partners.”
Pending approval by its board of directors, the Indiana Economic Development Corporation will offer the company performance-based incentives of up to $3.85 million in conditional tax credits and up to $150,000 in training grants based on the company’s job creation plans.
“Indianapolis is becoming a hotbed of talent in the tech sector, and companies like Appirio are recognizing the quality of our workforce as well as the benefits of our business friendly environment,” said Indianapolis Mayor Greg Ballard in a statement. “I am delighted that Appirio has selected Indy as a place to invest and expand their successful operation.”
TheStatehouseFile.com is a news service powered by Franklin College journalism students.