Marvel Technologies hires 30 in Novi, plans to add another 50-plus

Marvel Technologies started out as a IT company in 2005. It has since shifted to a company that provides IT services but also creates software solutions for IT, a move that has turned the company into a growth gazelle, increasing revenue and adding dozens of new jobs.

The Novi-based company grew its revenue by 25 percent in its most recent quarter and has year-over-year growth of 72 percent. It has also hired 30 new people over the last year, expanding its staff to 55 employees. The company has 10 openings right now and expects to keep hiring dozens more people by the end of the year.

"I have a goal of crossing the 100 people mark this year," says Bala Rajaraman, president & CEO of Marvel Technologies. "At this rate of growth we could achieve that."

Marvel Technologies has created two new SAP products. CompEz is an compensation planning solution for use with SAP applications that provides add-on capabilities to the SAP ERP Human Capital Management application. FormsEz 1.0 provides SAP-certified integration with the SAP NetWeaver® technology platform. It helps customers go “green” by reducing the need and use of paper and enables enterprises to develop, manage and process electronic forms dynamically with speed and accuracy.

"The last couple of years have been focused on product development," Rajaraman says. "We have also expanded in development and sales."

Source: Bala Rajaraman, CEO & president of Marvel Technologies
Writer: Jon Zemke

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