Â鶹´«Ã½

Home   News   Features   Interviews   Magazine Archive   Symposium   Industry Awards  
Subscribe
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
≔ Menu
Â鶹´«Ã½
Leading the Way

Global Â鶹´«Ã½ Finance News and Commentary
News by section
Subscribe
⨂ Close
  1. Home
  2. Industry news
  3. Software training in the Bronx
Industry news

Software training in the Bronx


01 May 2014 New York
Reporter: Stephen Durham

Generic business image for news article
Image: Shutterstock
A new software testing centre will bring 150 high-technology jobs to the Bronx in New York—equating to $5 million in wages in its first year alone.

Software consulting company Doran Jones is partnering on the software testing job creation initiative with Per Scholas, a non-profit organisation headquartered in the South Bronx that provides free technology education and job placement to unemployed and underemployed adults.

Per Scholas will train the testers through its eight-week software testing education programme (STEP), and the majority of its graduates will go directly to work in the Urban Development Center, occupied and operated by Doran Jones in the same building. Construction begins this summer.

Industry trends in software testing have created an opportunity to meet growing labour demands, improve quality, reduce overseas costs, and reshore jobs to the US. The UDC model establishes and concentrates high-technology infrastructure, resources, and jobs in low-income urban neighborhoods as a conscious economic development strategy.

Keith Klain, COO of Doran Jones, said: “There is a huge quality gap in the software testing market. This solution provides a talent pipeline to that problem and makes meaningful contributions to our local community, our clients, Per Scholas and, most significantly, the graduates of the training programme.â€

“This is a blueprint for true Corporate Social Responsibility programmes and further emphasises Doran Jones’s core value of investment in our people.â€

Matt Doran, CEO of Doran Jones, commented: “Our first graduates are already working on engagements at client sites, at a couple of Hedge Funds and at a software house, proving that with the right training and mentoring, they can start adding value almost immediately.â€
← Previous industry article

CJEU: it's too early to tell about FTT
Next industry article →

Northern Trust receives SEC subpoena
NO FEE, NO RISK
100% ON RETURNS If you invest in only one securities finance news source this year, make sure it is your free subscription to Â鶹´«Ã½ Finance Times
Advertisement
Subscribe today
Knowledge base

Explore our extensive directory to find all the essential contacts you need

Visit our directory →
Glossary terms in this article
→ Hedge

Discover definitions, explanations and related news articles in our glossary

Visit our glossary →