July 28, 2014
BP3 Global Inc., a consulting firm specializing in business process management, is expanding its office for the third time in four years to meet heavy demand for its software and services.
The Austin-based company is moving from a 6,000-square-foot office on North Mopac Expressway to the 12,000-square-foot previous home of Calxeda Inc., the semiconductor chipmaker that shuttered operations in late 2013. CEO Lance Gibbs expects BP3 Global to employ 75-90 Austin workers within two years, and 125-150 within three as the demand for process management outstrips the supply of vendors.
BP3, founded in 2007, provides business process management consulting, software implementation and process improvement initiatives. It employs 58 workers; 41 are based in Austin.
The growth is being fueled by clients who are concerned that poor business processes can affect customer experiences.
“For us, when customers realize it’s important that their processes are right,” he said, “our job is to make that easier with a sound business process management approach.”
Last year, BP3 generated revenue of $8 million and it’s projected to reach $14 million this year. It operates offices in the San Francisco Bay Area, Cleveland, Minneapolis and Atlanta.
Competitors include IBM Corp. (NYSE: IBM), Massachusetts-based Pegasystems Inc. (Nasdaq: PEGA) and Virginia-based Appian Corp.
Gibbs was previously the managing director of transformation services for Lombardi Software Inc., the Austin-based business process management software maker acquired in 2010 by IBM. Technology is constantly evolving and businesses use it to improve operations, so the demand from clients tends to be long term, he said.
“The thing with business process management is that there is no finish line.”