Vertex Intelligence Expands Zionsville, Indiana, Workforce
02/12/2021
The company will invest nearly $270,000 to grow its team and expand its operations and services in order to accommodate increasing demand for its professional services and cloud based data analysis products. The company is leasing space at zWORKS coworking center and is exploring its future location options in Zionsville. Vertex Intelligence, which currently employs five associates in Indiana, is actively hiring for machine learning, sales and operations roles.
“Indiana has a strong and highly diversified economy filled with the types of companies that stand to benefit the most from AI technology and who recognize the value of innovation," said Tyler Foxworthy, CEO of Vertex Intelligence.
The Indiana Economic Development Corporation offered Vertex Intelligence Services LLC up to $650,000 in conditional tax credits and up to $50,000 in conditional training grants based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once Hoosiers are hired. The Boone County Economic Development Corporation worked in support of this project.
"Innovative companies like Vertex Intelligence are finding that Indiana's supportive environment and stable business climate makes the state an attractive place to develop and grow," said Indiana Secretary of Commerce Jim Schellinger. "We're excited to see Vertex Intelligence's growth in Zionsville and are grateful for the company creating quality career opportunities for Hoosiers."
Founded in 2018 by Foxworthy, a data scientist, Vertex Intelligence has helped some of the world’s top companies and institutions like the U.S. Department of Defense and local firms like medical device quality management software company Greenlight Guru design, build and ship AI products and solutions. The company provides services like custom algorithm development, data and AI strategy, statistical modeling and cloud-based data analysis solutions.
Project Announcements
PEAK Precision Manufacturing Plans Bowling Green, Kentucky, Operations
07/26/2024
Italy-Based Sipcam Agro USA Upgrades Wayne County, Mississippi, Operations
07/26/2024
Cleveland-Cliffs Plans Weirton, West Virginia, Operations
07/26/2024
IDEXX Laboratories Plans Wilson, North Carolina, Production Operations
07/26/2024
Germany-Based Ritz Instrument Transformers Plans Waynesboro, Georgia, Operations
07/26/2024
AirJoule Plans Newark-Wilmington, Delaware, Operations
07/26/2024
Most Read
-
19th Annual Area Development Gold and Silver Shovel Awards
Q2 2024
-
2023's Leading Metro Locations: Hotspots of Economic Growth
Q4 2023
-
2023 Top States for Doing Business Meet the Needs of Site Selectors
Q3 2023
-
The CHIPS and Science Act will bring jobs back to the United States
Q2 2024
-
2023 Top States Commentary: Top-Ranked States Have What It Takes to Win Mega Projects
Q3 2023
-
The Bring Your Own Energy (BYOE) Party Is Starting
Q2 2024
-
Midwest becomes hotspot for semiconductor manufacturing and supply industries
Q2 2024