Could start-ups be the answer to saving Michigan's hard-hit economy? One tech magazine says so.
Excerpt:
A start-up IT services firm -- headed by veteran offshoring executives -- has opened up an offshoring alternative in Michigan, a state with a 17.5% unemployment rate and a well-educated labor pool.
Fremont, Calif.-based Systems In Motion Inc. (SIM) has 35 IT workers in Ann Arbor and hopes to employ about 1,100 in Michigan within five years.
SIM's plans for the state were cited by Michigan Gov. Jennifer Granholm in her State of the State address earlier this month.
SIM's business approach, which it calls "inshoring," emphasizes streamlined processes and an intensive worker training program to keep costs 30% below those of in-house IT departments.
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