TruArx has triple digit growth in Farmington Hills

TruArx is reporting rapid growth. Growth so fast and furious it measures in the triple digits.

The IT firm hit record growth last year, achieving a 176 percent increase in 2009. Sales growth was also up significantly, by 88 percent. It accomplished this by offering its products in a software-as-a-service package. Its clients include Fishnet and Accuvant.

"They have gravitated toward our solution because it allows them to do this better and at a fraction of the cost," says Robert Capinjola, CEO of
TruArx.

That has allowed the company to significantly expand its workforce to 38 people and a few independent contractors and interns. Of that workforce, 20 are located in Farmington Hills. The company has hired seven people within the last year and expects to hire another 8-12 people in 2010.

TruArx specializes in IT governance, risk, and compliance for more than 400 regulations and standards. It implements and services the IT needs of its customers.

The company is headquartered in Farmington Hills and has offices in Austin, Columbus, Denver, Nashville, and Washington, DC.

Source:
Robert Capinjola, CEO of TruArx
Writer: Jon Zemke
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