Tech Company Well-Positioned for Continued Growth with New Hires and Satellite Offices
PORTLAND, Ore., November 8, 2018— AltSource, one of the fastest growing custom software development companies in the U.S., today announced its expansion and new company headquarters in Southeast Portland. Located at 1120 SE Madison Street in Portland, Oregon, AltSource has an in-house team of more than 100 software developers and is continuing to hire to keep up with demand for its development services. In addition to its new headquarters, AltSource has expanded geographically with satellite offices spread across southern Oregon, southern California, Texas, and Florida. AltSource has been on the Inc. 5000 list of fastest growing private companies in the U.S. for the past five years.
“We are humbled by the continued opportunity to help our customers meet critical business needs through custom software applications,” said Dave Moore, president and founder of AltSource. “Our growth is directly linked to the success of our valued customers and we are proud to develop long-term technical partnerships with them.”
Custom software development is a growing market, with a high demand among companies of all sizes looking to keep pace with the digital transformation of business. According to a June 2018 report from IDC, “Worldwide spending on digital transformation will soar past $1 trillion in 2018, led by the manufacturing industries.” A May 2018 report from the World Economic Forum noted that creating new efficiencies is still the primary driver for large companies to invest in new technologies. “They use these technologies primarily to improve existing business processes and optimize assets and resources, thus reducing their own costs and enabling savings for their customers,” according to the report. Other drivers for technology investments include: enhanced customer experiences and investing in new business models.
AltSource applies creative problem solving and technical expertise to design and build software that addresses the specific needs of businesses of all sizes, from a wide range of industries, including telecommunications, construction, manufacturing, agriculture, transportation, logistics, and more. AltSource helps companies create efficiencies, reduce costs, achieve growth, and gain a competitive advantage through digital innovation in a way that often can’t be achieved with off-the-shelf software.
New headquarters: part of the community
The goal of the new company headquarters was to create an energy-efficient, functional, and visually appealing workplace. To minimize the carbon footprint as well as the disruption of the neighborhood, the shell of the 94-year-old building remained intact. AltSource added floor-to-ceiling windows and a second floor, open-air deck to welcome the outdoors in, and showcase the view of downtown Portland and the west hills. The headquarters building was designed with input from Energy Trust of Oregon to maximize energy efficiency and incorporate the best environmental practices, such as energy efficient windows and incorporating reclaimed wood from the original building. The building is close to multiple transit lines, and features secure, indoor bike parking, lockers, and shower rooms to promote alternate transportation. AltSource plans to use its new headquarters to host community events and is committed to continuing its support for the local community.
“We’ve been in the neighborhood for more than a decade but spread across five different buildings. We are excited to be together under one roof in our new, modern workspace, and pleased we could remain in the neighborhood,” added Moore. “Many AltSource employees live in Southeast Portland, and we plan to continue our commitment to this area and broaden our support of the community.”
Hiring to keep up with demand
To keep pace with the demand for its custom software development expertise, AltSource is continuing to hire to fill a number of positions including sales, project managers and coordinators, and developers at all levels. More information about open jobs can be found at AltSourceSoftware.com/Careers.
Since 2004, AltSource has been committed to helping organizations of all sizes, across all industries, achieve sustained success through business-driven software. AltSource’s in-house team of more than 100 software developers partners with innovative business leaders to create custom applications that address critical business needs and enable sustained growth. The applications are uniquely suited to the clients’ business, and afford the flexibility to modify, scale, and adapt their software as needs change, allowing organizations to remain agile in the rapidly-changing business landscape. Learn more at AltSourceSoftware.com.
Director of Marketing and Communication