An Indianapolis-based tech-consulting firm with a track record of steady growth has committed itself to even more.
Moser Consulting Inc. is planning to add 116 workers to its Indianapolis operations over the next five years, nearly doubling the size of its local workforce.
According to an incentives agreement reached with the state last month, the company plans to spend more than $1.5 million at its headquarters to accommodate the expansion.
The Indianapolis Economic Development Corp. offered Moser up to $2.5 million in conditional tax incentives. The firm will need to reach 249 in local employment by the end of 2022 to fully qualify for the tax breaks.
The company is adding data administrators, big data architects and developers, and database administrators, among other positions.
Moser, a provider of managed services, IT consultation and big-data analytical services, said it would remodel part of its 14,000-square-foot office at 6220 Castleway W. Drive in Castleton to increase work space by about 20 percent to accommodate the additional employees. Many of Moser’s employees work remotely, so a major expansion of office space isn’t immediately needed.
The 21-year-old company moved into the building, which previously housed Z’s Oyster Bar & Steakhouse, in 2014.
Moser Consulting CEO Ty Moser said his company puts an emphasis on hiring and training employees because the firm doesn’t specialize in one technology or platform. It assesses the needs of its clients and chooses from dozens of technologies to meet their needs. That means employees must be well-rounded.
The company spends more than $5,000 per employee per year on training, according to Moser, and has a 98-percent employee-retention rate. The firm has received several workplace and industry awards for its company culture, which puts an emphasis on employee satisfaction.
“This is about offering top training opportunities to our current workforce to keep each employee at the top of their field, as well as expanding our employee base and building up the skills of new talent,” said Moser about the latest expansion in an email to IBJ. “For Indiana to stay ahead of the curve, we can’t just attract technology professionals, we have to keep them trained up and on top of the quick-shifting nature of technology.”
Moser Consulting fulfilled a previous jobs commitment it made to the state in 2012, when it pledged to invest $400,000 and add 46 workers to its local workforce of 43.
The firm qualified for $700,000 in tax breaks and $50,000 in training grants for meeting conditions of the previous contract.
In addition, to its Indianapolis operations, Moser Consulting has an office in Maryland that employs about 50 workers. The company started the Baltimore unit in 2014 and moved those operations into a new 14,000-square-foot office this summer.
Moser, a former Boerhinger-Mannheim senior data engineer, started his company as a one-person consulting business in 1996 and opened his first office, in Castleton, the same year. He co-owns the business with his wife, Paula Moser, who serves as chief accounting officer and vice president of finance.
In addition to organic growth, the company acquired Indianapolis-based app developer Westlake Interactive in 2016 and Fishers-based consultant Russell Martin & Associates in February.