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A successful branch creation in Spain
Pingvalue was founded at the beginning of 2014 in Luxembourg with the primary purpose of helping people make smart choices in today’s world of information overload. Their employees have developed a software platform for co-creation of intelligent districts ‘smarthoods’; connecting citizens, business managers and managers of cities intelligent data groups ‘SmartData’; to improve the quality of life, and better management of businesses and cities are generated.
“The solution was to setup a development team outside Belgium, where they could find talent at a more affordable rates.”
Pingvalue needed to expand its workforce to develop new features, but without losing control of the product, maintaining a high level of quality and keeping costs under control. The solution was to setup a development team outside Belgium, where they could find talent at a more affordable rates.
How BranchCreation Helped
BranchCreation provided a turn-key solution to create the branch in Spain, with the following benefits. It provided guidance on the administrative processes required to start operating and hiring people, performed the recruiting process and monitored, from the project management perspective, that the team in Spain was perfectly integrated on the parent company processes.
Cost competitive wages
A win-win situation in which the employees get a market-level salary, and the company gets highly skilled employees, at very competitive wages.
Abundance of technical profiles
On the first month, six employees were hired, matching the job descriptions provided. iOS development, PHP Backend, Front-end and UX/UI designer.
Unified solution for management
All aspects of the creation and management of the branch are covered, so the customer just had to focus on the business.
“Currently Pingvalue’s team in Spain consists of 18 employees, with the perspective of growing in the next few months.”
Results, Return on Investment
The new Pingvalue office in Spain is located in the scientific and technological park of Miguel Hernández University, Elche. It initially consisted of a multidisciplinary team of 6 technicians with extensive experience in web development, iOS/Android development and Graphic Design, working in coordination with the Belgian team developing new features for their product. Due to the success it was having on their performance from the very first moment, PingValue decided to expand its workforce in Spain with 6 more positions. Currently Pingvalue’s team in Spain consists of 18 employees, with the perspective of growing in the next few months.