Applexus Technologies, a global leader in digital innovation, announced it will invest $3 million to establish its Canadian headquarters in Calgary with plans to create 125 new local jobs over the next five years.
“Calgary has the talent pipeline, access to global markets and competitive business environment for technology leaders like Applexus to thrive,” said Brad Parry, President & CEO, Calgary Economic Development.
“With one of the fastest-growing tech workforces in North America, Calgary is a city of innovation and opportunity where bright minds and big ideas come together to do game-changing work across industries.”
Founded in 2005, Applexus operates worldwide, with offices in North America, the United Kingdom, India, and Sri Lanka. The company offers transformational business consulting services to help clients manage SAP solutions software that, according to SAP, 99 of the 100 largest companies in the world use to manage their business processes.
A $1.43 million grant from the Government of Alberta’s Investment Growth Fund – designed to support well-established, financially sound companies invest in Alberta –helped the province edge out a competing jurisdiction.
“The IGF is an Alberta-made approach to attract business outside the province and incentivize them to seriously consider the many advantages of doing business in Alberta,” said Minister Rajan Sawhney, Trade, Immigration and Multiculturalism.
“These incentives include low corporate taxes, a skilled and educated workforce, and easy access to international markets. We are thrilled that the IGF helped seal the deal for Applexus to set up shop in Calgary, helping further strengthen Alberta’s technology sector and create many new jobs.”
Applexus worked closely with Calgary Economic Development and Invest Alberta in its decision to expand to the Calgary region. As part of its expansion, Applexus will help upskill local talent, including new graduates, in the latest SAP technologies, which will bolster Alberta’s position as a global leader in technology and innovation.
“The IGF award enables us to expand our presence in the country and bring new jobs to the region which will positively benefit the community -- this will help us develop a stronger and more diversified presence,” said Sam Mathew, Founder & CEO, Applexus Technologies.
Applexus’ opening of a Calgary-based headquarters aligns with the city’s vision to be a top location for business and talent in the economic strategy, Calgary in the New Economy.
With plans to create more than 100 jobs, Applexus will contribute to Calgary’s growing tech community, attracting talent and strengthening the region’s skilled talent pipeline to scale to the size of its ambitions.
Recognized as an innovative, globally connected city, Calgary’s strategic location provides multinational firm Applexus with competitive access to clients around the world. Home to the highest head office concentration per capita in Canada and one of North America’s most well-connected airports, Calgary is an international business hub with more than 87 direct routes to the Americas, Europe, and Japan.
Applexus is actively looking for space in the Calgary downtown core and has begun the hiring process. The company currently has four employees at its new Canadian headquarters and will be hiring more in the coming weeks.
For more on Calgary’s momentum, watch Calgary: A city of innovators, dreamers, visionaries and game changers. To learn more about the innovation driver of the economic strategy, visit CalgaryIntheNewEconomy.com.
Learn more about Calgary’s enterprise technology sector.