Ventech is pleased to announce an eight(8) year,multi million dollar contract with the U.S. Railroad Retirement Board (RRB).The Legacy Systems Modernization Services contract for the RRB requires Ventech to provide expertise in application modernization strategy & deployment, systems integration and systems operations & support. Ventech is providing services to convert RRB’s legacy mainframe applications to a .NET framework, allowing RRB the flexibility to ultimately move to the cloud. After conversion, Ventech will conduct Business Process Re engineering (BPR) of the existing applications to eliminate redundancies through a combination of consolidation and new application development.
Ventech Solutions, an Ohio-based healthcare software company, announced plans Tuesday to establish a $1.5 million IT center in the Manassas area, bringing 200 high-paying jobs to Prince William County.
Ventech operates in a 23,392-square-foot facility at 10110 Battleview Parkway in Manassas.
Gov. Terry McAuliffe hailed the announcement as a major step in building a “new, high-tech Virginia economy.”
“We have the assets and the infrastructure, and with the help of strong corporate partners like Ventech Solutions continuing to expand the company’s footprint into the commonwealth, I am confident we will be the cyber capital of America,” McAuliffe said in a statement.
The Prince William Board of Supervisors on Tuesday committed $50,000 from the county’s Economic Development Opportunity Fund to encourage Ventech’s move. Virginia competed against Maryland and other states for the project.
In exchange for the investment, Ventech has agreed to create 200 jobs, with an average wage of $80,000, and invest $1 million in capital investment over a three-year period, county officials said in a news release.
“It was important for Ventech to establish a strong presence in the national capital region, at the center of a growing healthcare IT industry with access to a highly-skilled workforce and talent pipeline,” said Herb Jones, CEO, Ventech Solutions Inc. “Prince William County delivers all the requirements that a growing Inc. 5000 company needs to fulfill major mission-critical programs that are of national importance.”
Ventech Solutions focuses on creating “next-generation IT competitive advantages and leading transformational business initiatives,” according to the release.
Ventech’s clients span 14 states, with physical presences in Ohio, New Mexico, Washington D.C., Virginia and Louisiana.
“We’re delighted to welcome Ventech to Prince William County and to our growing IT business community,” Board of Supervisors Chairman Corey Stewart said. “The addition of 200 new jobs at an average salary of $80,000 a year is a great example of the type of jobs we are attracting in Prince William County.”
Ventech received a Columbus Business First Fast 50 Award during the Fast 50 Awards Luncheon this afternoon at the Columbus Convention Center. The Fast 50 honors the fastest-growing privately held companies in Central Ohio.
URBANDALE, Iowa —Iowa Economic Development Authority officials announced support Friday for a plan to create 200 new jobs in Urbandale.
VentechSolutions, based in Columbus, Ohio, plans to open an office in Urbandale.The move is expected to create 200 jobs with 75 of those making $25.52 per hour.The company specializes in deployment of software systems and solutions for federal, state and local government agencies. The Urbandale office is expected to focus on help desk support and have a large application development team.The IEDA awarded the company $500,000 in direct financial assistance.
When Ventech Solutions Inc. moved to a new headquarters in the Polaris area four months ago, one of the priorities for founder and President Ravi Kunduru was carving out space for a game room.
“This is a small pet project I took personally,” he said.
It’s open to employees around the clock – and yes, for some final stretches of proposal writing they’re in there that long – with one catch: Only team or multiplayer games are allowed. That’s natural for the pool and foosball tables, but Kunduru wants no solo play on the Microsoft Xbox.
The way he sees it, a sense of fun is one part of workers’ sense of accountability to clients. The the software and IT integration company focuses on state and federal government work, sometimes with high security clearance.
Since the move, everyone in the 45-person office spends an average of 20 minutes a day playing – sometimes they hold meetings there. A dry-erase board is handy to jot down inspiration. (Ventech has 120 total employees spread among other offices and at client sites.)
Game rooms will be part of the package when Ventech opens three new offices in or near Maryland and Virginia for staff on a 10-year, $410 million federal contract with the Centers for Medicare and Medicaid Services. It will be adding about 200 workers over the next year for the data management job.
Perks like this are part of the package for tech companies. I’ve seen full fitness centers, ping-pong, an indoor putting green and several well-stocked bars and craft brew kegs. Founders say they trust their workers to use their judgement and not overindulge.
(Ventech has no alcohol in the office, by the way. The kitchen has free snacks and drinks and full fruit bowls on the counters.)
But if an office has all the comforts of home and more, that’s because employees are spending so much time there.
Some projects require a lot of hours as deadlines approach, but only occasionally, Ventech CEO Herb Jones said. At other times the company offers flexibility and allows some work from home.
“Life-work balance is very important,” Kunduru said.
Ventech Solutions Inc. will nearly triple its staff over the coming year to about 320 nationwide for a federal Centers for Medicare and Medicaid Services contract – but the ultimate goal is 1,000 jobs.
The Columbus information technology company has specialized in government hardware and software jobs for the past five years. Its big win this spring – the $410 million health quality data management project for CMS – brings its total contracts in hand to $515 million over 10 years.
Ventech has proposals submitted for eight-figure jobs that will be awarded in fall, and is working on bids due this summer to other agencies.
The company starts work on bids 12 to 18 months in advance, pulling in vendors and subcontractors and hiring for the skills the job would require. It tracks state and federal contracts that will expire in coming years and follows services that alert bidders to coming opportunities.
“If you wait until it’s time to bid, it’s too late,” CEO Herb Jones said. “You need to have understanding of the customer and understand the program.”
One tactic to growth is to parlay federal work into bidding on state jobs in new locations, or translating one successful state project to another: Work on IT for pipeline safety for New Mexico’s fire marshal led to bidding on underground gas storage tank safety in Ohio. Work for the city of New Orleans led it to bid on a project for Louisiana.
“Wherever we’re going to establish a presence, we’re going to do business with that state,” founder and President Ravi Kunduru said.
Today Ventech has about 120 employees, many in small teams at client sites such as the Defense Supply Center Columbus in Whitehall. It moved its Columbus headquarters to Orion Place four months ago and is hiring for another federal jobto triple that office to about 65 employees. The 200 new jobs added for the CMS contract, mostly in Maryland and Virginia, will include hires from the previous vendor.
Kunduru said honest and open communication will help transferred employees adopt the Ventech corporate culture. Game rooms in the new offices can help.
“These are all IT people who want to do something cool,” Kunduru said “Once we show them how we can do it, I think they’ll get on it pretty quickly.”
The Centers for Medicare & Medicaid (CMS) awards a 10 year, $400+ million HealthCare Quality Information System (HCQIS) contract to Ventech Solutions. The HCQIS contract is a mission-critical system for CMS and our team will provide end-to-end ITSM, DevOps, data center management, clinical database management, infrastructure management, NOC/SOC operations, service desk support, system management, and cloud migration services. The system interacts with over 85,000 users and 15+ core healthcare systems for CMS.