Fast-growing information technology and services firm Advanced Network Management is continuing its out-of-state expansion spree with a new office.
The company announced earlier this month that it will open an office in Casper, Wyoming. With the expansion, ANM now has a presence in 13 states with more than 250 employees.
“ANM has committed to providing local expertise and a consultative approach to every market we enter”, CEO Raminder Mann said in a statement. “We’re excited to bring those principles to Wyoming with a talented team of sales and engineering that our clients can trust to deliver on their technology initiatives.”
In addition to its Albuquerque headquarters, ANM has offices in Colorado, Texas and the Phoenix area. It was founded in 1994 years ago and provides a range of digital services including data center and cloud storage, cybersecurity, Salesforce consulting and other offerings.
Growth has accelerated in recent years for the firm. Revenue increased from around $10 million in 2013 to $110 million in 2018, Mann previously told Business First. Cloud storage and security represented two high-growth areas the company has focused on in years past, he said.
In 2019, ANM unveiled its new local headquarters as part of a state-backed expansion project. As part of the move, ANM was to create as many as 40 engineering and management positions with an investment of nearly $6 million, according to Albuquerque's economic development department. The facility encompasses 42,000 square feet.
The New Mexico Economic Development Department committed up to $750,000 in Local Economic Development Act (LEDA) funds for the expansion, plus another $250,000 in LEDA money from the city.
LEDA money is used as a closing fund to grow existing New Mexico businesses and recruit others to the state.
