Software development firm and IT consultancy Medullan Inc officially launched operations in Jamaica on Wednesday and is on the hunt for creative talent.
The American company focuses on digital health-care innovation, targeting solutions for its primary market in the United States.
Founded in 2005 out of a basement in Cambridge, Massachusetts, the company expanded to Trinidad in 2007 and “officially planted” its flag on Jamaican soil last October, said Lawler Kang, who is director of global people strategy and talent acquisition for Medullan.
The size of the investment was not disclosed. Medullan is currently located at 13 West Kings House Road in Kingston with plans to move to larger quarters soon.
Kang said Tuesday that the company wants to “harness the local talent, who we find to be hard-working, disciplined, and entrepreneurial. At present, we need to hire 25 more colleagues just to meet our current demands. Though the future is unwritten, we are looking at Jamaica as being a linchpin to our overall global people strategy.”
At pesent, all of its business emanates from the US where Medullan services “clients such as Aetna (20 million members) and Blue Cross Blue Shield Association (five million members). We, essentially, do three things: work with our clients to develop product concepts that push industry evolution, develop human-centric user experiences our customers enthusiastically adopt, and all the back-end development the first two require.”
The company said it is not averse to developing a market in Jamaica.
“Customer-wise, health insurance companies and government agencies are probably two good initial targets. If we can sell locally, that would be a very nice added bonus,” Kang told the Financial Gleaner.
Medullan designs and develops technology solutions for health plans, pharmaceutical companies and other health-care industry members. Sales last year for the company were approximately US$8.3 million.
Kang said that the company’s sales pipeline in the US is expanding from insurance to other parts of the health-care ecosystem, notably pharmaceuticals, genomics and other related technologies, such as wireless, wearable devices and more.
Jampro, which facilitated the local launch, said Monday that Medullan’s operations was a “significant investment in Jamaica’s ICT/knowledge services industry that will create high-value jobs in software programming and testing”.
Source: Jamaica Gleaner
Published Date: April 22nd, 2014
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