Make us your home page
Instagram

Tribridge to add 200 IT jobs in Tampa by 2016

Tony DiBenedetto, chairman and CEO of Tribridge, said, “Based on our projected growth, we need lots of people.”

Times (2009)

Tony DiBenedetto, chairman and CEO of Tribridge, said, “Based on our projected growth, we need lots of people.”

TAMPA — Tampa-based technology services company Tribridge plans to add up to 200 local jobs, nearly doubling its Tampa workforce by 2016 with the assistance of $1 million in government subsidies.

"Based on our projected growth, we need lots of people," Tribridge chairman and CEO Tony DiBenedetto said Wednesday.

Tribridge employs 600 nationwide, with more than 240 working at two locations in the West Shore business district. Locally, salaries average in the upper $80,000s.

Most of the new jobs are expected to come in two areas.

The first is cloud computing, a Tribridge division that has grown by more than 100 percent a year for three years. It has clients in the United States, Canada, Mexico and Europe, but everyone in the division is in the Tampa Bay area.

The second is what Tribridge calls "human capital management," a suite of automated, cloud-based personnel services such as recruiting, corporate training and performance management.

Founded in 1998, Tribridge has 3,750 clients. Last fall, Inc. magazine ranked the company No. 55 on its list of the 100 leading job creators in the United States. Inc. also ranked Tribridge No. 3 among Florida companies for job creation and No. 3 in the IT services industry.

"We're creating a brand in the world that Tampa is a high-tech place," DiBenedetto said.

Mayor Bob Buckhorn said companies like Tribridge — "a Tampa success story" — are helping to wean the bay area from its historic dependence on real estate and construction.

"This is how we create our destiny," Buckhorn said. "We don't create our destiny by building more subdivisions."

To facilitate the expansion, the state is providing Tribridge with $800,000 in incentives, with another $200,000 coming from Hillsborough County and the city of Tampa.

The incentives are to be paid only after the creation of jobs with the promised salaries.

Tribridge committed to paying, on average, at least $48,813 a year, which is 115 percent of Florida's average annual wage, but the company says the 200 new jobs are expected to pay well above that.

Forty of the new hires are expected this year, with 70 in 2015 and 90 in 2016, according to the Tampa Hillsborough Economic Development Corp. The hiring is expected to drive a $1.8 million investment in IT hardware and facilities.

There's a talent gap in high-growth fields like IT, DiBenedetto said, and one way to help fill it is to work with local and state officials.

Without their help, he said, "we would have done less jobs, and we certainly would have done less jobs here."

600

Tribridge employees nationally

240

Tribridge employees in Tampa

55

Tribridge's rank on Inc.'s list of leading U.S. job creators

Tribridge to add 200 IT jobs in Tampa by 2016 08/13/14 [Last modified: Wednesday, August 13, 2014 11:25pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times

    

Join the discussion: Click to view comments, add yours

Loading...
  1. Wesley Chapel, Greater Pasco chambers of commerce merge

    Business

    LAND O'LAKES — Two chambers of commerce representing more than 850 business members from west Pasco to Wesley Chapel and New Tampa are merging into a single organization.

    Greater Wesley Chapel Chamber of Commerce President and CEO Hope Allen will lead the combined chambers of commerce announced Wednesday. The yet-to-be-named chamber will represent more than 850 businesses that currenlty are members of the Greater Pasco and Greater Wesley Chapel chambers.
[JAMES BORCHUCK   |   Times]
  2. Sign up for our new daily News at Noon email newsletter

    News

    The Tampa Bay Times will soon launch a daily newsletter called News at Noon. You can make sure to be among the first to receive it by signing up now.

  3. Bitcoin, ransomware fraudster Anthony Murgio of Tampa sentenced to prison

    Business

    Tampa's Anthony Murgio, 33, was sentenced Tuesday to 5-1/2 years in prison for running a bitcoin exchange suspected of laundering money for a group of hackers who targeted publishing and financial firms as part of a complex securities fraud.

    Anthony Murgio of Tampa, 33, was sentenced Tuesday to 5 1/2 years in prison for running a Bitcoin exchange suspected of laundering money for a group of hackers who targeted publishing and financial firms as part of a complex securities fraud. [AP photo]
  4. Airbnb on track to shatter tax revenues brought in last year

    Business

    Airbnb has collected more than $18 million in taxes for Florida state and local governments so far this year, putting it on a fast-track to shatter its 2016 tax collection of $20 million.

    Airbnb has collected more than $18 million in taxes for Florida state and local governments so far this year, putting it on a fast-track to shatter its 2016 tax collection of $20 million.
[Bloomberg file photo]

  5. Tampa Bay Times honored for top investigative story in Gerald Loeb annual business awards

    Business

    The Tampa Bay Times was a co-winner in the investigative category for one of the highest honors in business journalism.

    Tampa Bay Times current and former staff writers William R. Levesque, Nathaniel Lash and Anthony Cormier were honored in the investigative category for their coverage of "Allegiant Air" in the 60th Anniversary Gerald Loeb Awards for Distinguished Business and Financial Journalism. 
[JAMES BORCHUCK   |   Times

]