Global software development company setting up in Calgary

ESQ Business Services, with offices in India, Mexico, Singapore and the United Kingdom, will operate its new Canadian subsidiary Cloudexa Technology Inc

 The City of Calgary has attracted a global software development company from Silicon Valley to open its sole Canadian support and software development centre.

ESQ Business Services, with offices in India, Mexico, Singapore and the United Kingdom, will operate its new Canadian subsidiary Cloudexa Technology Inc. 

Calgary Economic Development’s recent efforts to promote and attract investment in new technology industries outside of the traditional oil and gas sector was a strong factor in our decision to launch this new unit in Calgary,” said ESQ Chief Executive Officer Paul Sandhu, in a news release.

 “Working with CED and their recommended partners shortened the process of starting up our Cloudexa Technology operation by many months.”

The company said assistance with human resources came from professional employment organization PEO Canada

“We believe that using resources available through PEO Canada in Calgary will allow Cloudexa to focus all of our internal energies on the product management and technical innovation of our solutions, while allowing us to offer our employees exciting product opportunities and a great work-life balance in the Calgary area,” said Bob Perreault, ESQ’s Chief Operating Officer.

It was not announced when the new company will begin operations in Calgary or how many people it will employ.

“When a global leader in the tech sector such as ESQ Business Solutions expands to Canada and chooses Calgary as its first location it speaks to remarkable value proposition this city can offer to companies as a leading tech centre in Canada with an unmatched quality of life,” said Mary Moran, CED’s President and Chief Executive Officer. “Innovation is a key pillar in our vision for Calgary in the New Economy and companies like ESQ are driving progress in the tech sector so there is a great fit for city and company.”

In a news release, the City of Calgary said it worked with CED to provide ESQ with all the information it needed to make the move here.

“We understand that time is money for businesses looking to open in Calgary which is why we are focused on moving businesses through our processes quickly,” said Sonya Sharp, Leader of the Business and Local Economy Program at The City of Calgary, which aims to reduce barriers for businesses. “We also recognize that we need to improve things to make it easier for businesses to open and this also includes working more closely with our partners like CED to make sure we can sell Calgary to potential businesses and then get their doors open quickly once they get here, together.”

Mario Toneguzzi is a business reporter in Calgary.

© Calgary’s Business

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