Cabinet for Economic Development
Gov. Beshear Celebrates Opening of Xcelerated Learning Dynamics and Clear Measures in Northern Kentucky
Two home-grown informatics companies establish
operations in RiverCenter Office Complex in Covington
COVINGTON, Ky. (Dec. 11, 2013) – Governor Steve
Beshear today joined company officials and local leaders to celebrate the grand
openings of Xcelerated Learning Dynamics (XLD) and Clear Measures.
Both informatics companies are establishing operations in
the Corporex Companies RiverCenter office complex in Covington. The parent
companies of each also started in Kentucky.
The openings, combined with expansions of the parent
companies, will result in 341 jobs over the next three years.
and Clear Measures’ investments show that Kentucky is an innovative and
exciting place for startups and information technology businesses,” said Gov.
Beshear. “This is a great opportunity for Northern Kentucky, where businesses
have access to an outstanding high-tech workforce, a strategic location and an
ideal business climate. I congratulate both companies on their expansions, and
I look forward to seeing their continued influence on our economy.”
Measures is locating 121 jobs in Covington, with a projection of adding 60
additional jobs in the next three years, bringing its total employment to 181.
Clear Measures involves two local IT firms, Lucrum and dbaDIRECT, providing IT
infrastructure management services to the financial services, retail, health
care and education industries. Clear Measures will provide strategic management
consulting, scalable IT project support, staff augmentation and infrastructure
management services across the globe. Clear Measures will also build, manage
and enhance systems that make data meaningful.
“As a proud Kentucky firm, Clear Measures is honored to
share our new beginning with Gov. Beshear and the entire state,” said John
Bostick, CEO of Clear Measures. “Exciting things are happening in Covington and
all along the Kentucky technology corridor.”
Xcelerated Learning Dynamics is creating up to 50 jobs in the next
three years. The company is transforming health care education by helping organizations
elevate their performance with efficient and effective learning programs. XLD
was launched from Covington-based TiER1 Performance Solutions in 2012 to help
hospital systems meet the emerging challenges of health care reform by quickly
aligning their workforces with the rapidly evolving Affordable Care Act. TiER1
has recently located 70 jobs to the RiverCenter and is planning to add 40 more
in the next three years.
“Xcelerated Learning Dynamics is transforming health care
education and organizational performance by introducing a new model of learning
that personalizes training to an individual based on their existing knowledge,”
said Normand Desmarais, co-founder of XLD. “In today’s health care environment,
in which hospitals are focused on cost cutting and operational efficiencies,
XLD’s learning model results in a highly efficient focus of human capital
“XLD and Clear Measures are two wonderful additions to
Northern Kentucky,” said Sen. Chris McDaniel, of Taylor Mill. “Their investment
in our community helps solidify us as a player in the field of high-tech
companies. Thanks to our great workforce, these and other companies will
continue to locate and invest in Covington and the entire area.”
“Northern Kentucky has long been a hub for high-tech
companies, and Clear Measures and XLD’s joint announcement only builds on that
reputation,” said Rep. Arnold Simpson, of Covington. “I’m certainly pleased to
see them take this step forward and invest in Covington, which has the tools and
the workforce to accommodate their need to succeed. I also want to thank our
local and state economic development officials for providing the information
and support which resulted in the firms locating here.”
“I congratulate John Bostick and Norm Desmarais on their
success and new ventures,” said Kenton County Judge-Executive Steve Arlinghaus.
“I’d also like to thank them for growing their companies and creating
new jobs in Kenton County and Northern Kentucky’s urban core.”
two home-grown informatics companies expand and succeed locks in our reputation
as a technology hub in Kentucky,” said Northern Kentucky Tri-ED Chair and
Campbell County Judge-Executive Steve Pendery. “Having Clear Measures and XLD
in our region, hiring graduates of our Northern Kentucky higher education
institutions, helps us retain a talented workforce.”
“Covington’s renaissance is underway and our reputation as a
technology hub in Kentucky and the greater Cincinnati region is exemplified by
these two high-tech informatics companies who chose our city for their
headquarters,” said City of Covington Mayor Sherry Carran.
For more information on XLD, visit http://xldinc.com
For more information on Clear Measures, visit www.clearmeasures.com
Information on Kentucky’s economic development efforts
and programs is available at www.ThinkKentucky.com. Fans of the Cabinet for Economic Development can
also join the discussion on Facebook
or follow on Twitter. Watch
the Cabinet’s “This is My Kentucky” video on YouTube.
For more information about Northern Kentucky Tri-ED, visit www.NorthernKentuckyusa.com.
Northern Kentucky Tri-ED can also be followed through social media channels via
Twitter and YouTube.