Innovation & Job News

Federated Service Solutions looks to double sales, add up to 15 technical jobs

Thursday, February 10, 2011

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IT, Oakland County, Oakland County, Retail, Technology

Farmington

When retail rebounded in 2010, Federated Service Solutions bounced with it.

The Farmington Hills-based company helps retailers deploy technology across the U.S. After taking a hit from the recession, the 7-year-old company grew its client list, revenue, and staff last year, and expects that to continue in 2011.

"This year was a really exciting year," says Jennifer Ferris, president of Federated Service Solutions. "It was our best profit year in our history. It was a big jump."

That jump allowed the company to raise its revenues and create five new jobs in 2010, rounding out its staff to 55 people and the occasional intern. The firm is currently looking to hire a variety of employees now, including 11-15 technical staff. It expects to create 17 jobs this year as it looks to double its revenue growth.

Ferris says the driving force comes from national retailers making the leap from the red to the black last year. She expects a spending freeze to continue to thaw, allowing other firms like hers to grow.

Source: Jennifer Ferris, president of Federated Service Solutions
Writer: Jon Zemke

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