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- 2013 - January - 29th -

Ocenture plans to double revenues, almost triple space

by Karen Brune Mathis, Managing Editor

Ocenture, a Jacksonville-based private-label product developer, will move and expand in Southside toward its goal of doubling in revenues within 24 months.

Ocenture founder and CEO Fraser Burns said the company will leave about 10,000 square feet of space at 4899 Belfort Road, Suite 400, and move to the third floor of a building in the Summit at Southpoint, where it will lease about 26,000 square feet of space.

The Summit at Southpoint comprises buildings at 6410, 6420, 6430 and 6440 Southpoint Parkway, facing Interstate 95 off Butler Boulevard. Ocenture will move into 6440 Southpoint Parkway.

"Ocenture is in the beginning of an aggressive expansion plan that was put in place by its executive team last year and is excited to relocate to the new corporate headquarters," he said.

Burns said the company should move March 1 into the Summit.

He said Ocenture plans to expand its product lines and increase sales efforts nationally and internationally.

"The current expansion plan should double the size of the company within 24 months," he said.

The City approved a permit Thursday for Adams Interior Contractors Inc. to renovate 25,180 square feet of space at a project cost of $500,000.

Ocenture's services include working with clients to develop and launch new products and market them.

"Ocenture can create the next generation of product for you," says its ocenture.com site. State records show the limited liability company was organized in the state in 2000.

Services include new product development, product enhancements, payment and compensation collaboration, online and offline marketing collaboration, product growth strategies and more.

Products include identity-theft solutions, computer tech support, online data backup, web and video conferencing, shopping and entertainment, roadside assistance and home security.

Burns said he is an equity owner and partner in Ocenture and The HCI Group. Both operate in the same office, he said.

He said Richard Caplin is the CEO of The HCI Group. HCI is Healthcare Clinical Informatics.

Thehcigroup.com site says HCI is a specialist health care IT consulting company with operations in the United States, the United Kingdom and the Middle East.

It says it built its name with several high-profile electronic health record installations. Its resources are used at all phases of a healthcare IT project from installation through ongoing support.

Burns declined to say how many workers Ocenture employs.

"Due to the expected growth of our companies, our current office footprint did not allow for adequate expansion," Burns said.

Construction plans show about 57 offices in addition to open work areas. The square footage of 25,180 allows a total occupancy of 252 people.

Inc.com reported in its 2011 list of the country's fastest-growing, privately held companies that Ocenture's revenue grew 283 percent from 2007-11, from $4.7 million in 2007 to $18.1 million in 2011.

Inc.com said Ocenture reported 21 employees as of 2010, doubling in three years.

Ocenture ranked No. 1067 in 2011 after ranking No. 375 in 2010 and No. 241 in 2009.

It was described as a company that bundles and sells identity theft protection, roadside assistance, remote data backup, and travel booking technology programs to insurance and marketing companies.

Burns said the company worked with Keith Goldfaden and Patrick Thornton at NAI Hallmark Partners LLC to assist with the lease evaluation and expansion needs.

Burns said the Summit was chosen for its location "and the flexibility provided by the owners of the building and the expertise provided by its property management company CNL."

Burns said Ocenture's employees commute from all parts of Jacksonville, making convenience an important factor.

"Our executive team reviewed each location of the city and decided that the Southpoint area offered the most convenient location for all its team members," he said.

Its location near I-95, I-295, the St. Johns Town Center, the Beaches and Downtown "offered the most flexibility for overall commute times of our team members from around the Jacksonville area," he said.

In 2008, CNL Commercial Real Estate announced it began a new leasing and property management program for the Summit at Southpoint, a 23-acre lakeside campus of four three-story office buildings totaling about 260,000 square feet of leasable space.

The Summit is owned by Bluerock Real Estate. Bluerock is a national investment firm based in Manhattan and its property management functions are based in Southfield, Mich.

Deutsche Bank GT command center OK'd

The City approved renovations for the Deutsche Bank Global Technology command center at its Southside campus.

Gilbane Building Co. of Dacula, Ga., is the contractor for the $420,000 renovation of almost 9,000 square feet of space at 5022 Gate Parkway, No. 100.

Deutsche Bank representatives have not commented about the project.

Deutsche Bank has an operations and service center in more than 150,000 square feet of space at the Gate Parkway campus, employing more than 1,000 people.

The property owner is Taurus Southern Investments LLC. ASD Inc. is the architect.

Building plans show a larger room with tables lined up and angled, facing projection screens, as well as an information security room, a "crisis meeting room," and other meeting areas and offices.

According to the db.com website, Global Technology is the bank's information technology and infrastructure organization with three divisions.

It says Global Technology provides the technology services and solutions that enable Deutsche Bank to support the bank´s clients and more than 100,000 employees across 3,000 locations globally.

"GT makes sure that the phones work, emails are delivered and PCs run but we also develop collaboration platforms and workspaces that help our people share knowledge, expertise and their passion for our business," says the db.com site.

"Developments in technology are changing the way we communicate, work and even think and we are constantly looking ahead for those trends that can reshape our business and deliver value for our clients while still meeting the demands of customers, regulators and the markets," it says.

kmathis@baileypub.com

@MathisKb

(904) 356-2466

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