Archive for February, 2010
Wednesday, February 17th, 2010
LOUISVILLE, KY – A lot of company data floats in the cloud in Google docs, Gmail, Twitter, and WordPress blogs these days, so its no surprise that Backupify landed a $900,000 seed round only seven months after launching.
First Round Capital led the financing. Investors also include General Catalyst Partners, Betaworks and individuals, Chris Sacca, Jason Calacanis, Andy Swan and Bob Saunders.
Backupify is an online data backup and storage provider that enables users to backup their cloud accounts seamlessly to the Amazon S3 cloud.
Right time to expand
Backupify, which launched in June 2009 with a consumer focus, now provides storage for businesses to backup their critical cloud data. The company was founded in November 2008.
“With businesses moving their critical data to the cloud, the time is right for Backupify to expand its services,” said Josh Kopelman, founding partner at First Round.
“Backupify’s consumer offering has seen tremendous adoption and the company’s expansion will give businesses customers a key benefit that had been missing from the cloud—complete control of their key information.”
Control of data an issue
Much of the data users generate today is not stored on personal computers; users have data locked up in Gmail, Facebook, Twitter, Google Docs, Basecamp and other online services.
We wondered, though, why companies would worry about backing up cloud data, when generally, it is backed up. The company says that while most business users aren’t concerned about losing this data, they are concerned about losing control of it, the company says.
Threats such as hacking, SLA issues or even data loss due to user error further compound their concerns.
Beyond control, there is the issue of compliance: industries such as financial services must meet stringent requirements for archiving all employee communications.
“The move to the cloud is something that most companies see as a mixed blessing. The benefits are obvious, but the loss of control of company data can be daunting,” said Rob May, the CEO and co-founder of Backupify.
“C-level executives at prospective customers have told us that while they trusted that backups of their critical data were happening, they would still feel more comfortable if they had a copy of the data that they themselves controlled, and would be willing to pay for that peace-of-mind.”
Previously Backupify raised an angel round from Dharmesh Shah, CTO of Hubspot; Sean O’Leary and Sterling Lapinski, Co-Founders of Genscape; and Vik Chadha, Co-Founder of Glowtouch.
Backupify
Tags: Backupify funding, data backup for cloud apps, First Round Capital, General Catalyst, IT, Kentucky Posted in Internet/New Media, IT, Kentucky, Money, Other SE | Comments Off
Wednesday, February 17th, 2010
 Jimmy Wales, founder of Wikipedia
Wikipedia Founder Jimmy Wales tweeted the news: Google has donated $2 million to the Wikimedia Foundation. The Foundation operates Wikipedia.
Wales is a keynote speaker at the upcoming Southeast Venture Conference in Tysons Corner, VA, Feb. 24-25.
Google introduced its own online encyclopedia, Google Knol, a year and half ago, but it has not gained much traction. We understand that. We use Wikipedia frequently, but have yet to visit Google’s Knol.
Wikipedia is the fourth most visited site on the Web.
Still, as Mashable points out, the donation is yet another example of Google’s generosity.
Wales is Community Founder Trustee on the Wikimedia Foundation board. Reports in early January by the Valleywag site that he was “out of job,” proved untrue.
Tags: Google, Google Knol, Jimmy Wales, Southeast Venture Conference, Wikimedia Foundationm, Wikipedia Posted in Events, Internet/New Media, People | Comments Off
Wednesday, February 17th, 2010
 Bob Phillips, CEO of NRTC
HERNDON, VA – Bob Phillips, president and CEO of the National Rural Telecommunications Cooperative (NRTC) will retire in May after 23 years at the helm of the organization.
Phillips made a career out of turning to cutting-edge technologies to overcome the geographic and economic obstacles of serving rural America.
NRTC members were among the first to deliver Internet access in their rural communities, and an NRTC member was the first to install satellite-delivered high-speed Internet access via WildBlue.
NRTC sought out and introduced communications-based technologies to improve the operations of the core businesses of its rural electric and telephone utility members.
NRTC members to turn to advanced telecommunications to solve the issues facing them.
NRTC electric cooperative members were among the first to deploy automated meter reading and then advanced metering infrastructure, which today is the foundation of the smart grid.
NRTC
For more about smart grid technology see our recent story on CURRENT, or catch the company’s presentation at the upcoming Southeast Venture Conference (SEVC) in Tysons Corner, VA, Feb. 24-25.
Tags: Bob Phillips, Herndon, NRTC, SEVC, smart grid, telecom, VA Posted in Energy, People, Potomac, Telecommunications, Virginia, Washington, DC | Comments Off
Wednesday, February 17th, 2010
SEATTLE – On the heels of Google adding its Google Buzz social networking feature to Gmail, Microsoft Corp. is releasing the beta version of its Outlook Social Connector today (Feb. 17).
The new add-on feature, disclosed in November, puts a new pane on the Outlook reading screen that collects the users social networking activity from sites such as Facebook, MySpace, and LinkedIn.
Social Connector also turns Outlook into something of a collaboration tool. Two users working on a Sharepoint document can both see edits the other makes.
We’re skeptical about how many people need more to deal with in their Outlook reading panes. For that matter, we are not seeing a rush by our Gmail contacts to use Google Buzz, either.
The new feature does not let users post new status updates or otherwise interact with their social networking sites, however.
Social Connector is available for versions of Office 2003 on. So far, only LinkedIn has made add-on software available for the feature.
The download is available here: Social Connector download.
Tags: Google Buzz, Microsoft Outlook, Social Connector Posted in Internet/New Media | Comments Off
Wednesday, February 17th, 2010
BALTIMORE, MD – TidalTV, which helps advertisers make money with online video by targeting specific demographics, has raised more than $16 million in a Series B funding led by Comcast Interactive Capital, New Enterprise Associates and Valhalla Partners. We reported the company had nabbed more than half the round back in October.
Its other backers include New Market Growth Fund and private investors.
The company says the new funding provides TidalTV with the ability to invest additional resources in online video advertising and monetization solutions for advertisers and publishers.
Comcast Interactive Capital’s Managing Director David Horowitz will join TidalTV’s board.
Successful 2009
TidalTV says it experienced tremendous business success in 2009, supported by a rapidly expanding roster of world-class advertisers, substantial revenue growth, and the development and deployment of new and innovative video advertising targeting and monetization technologies.
TidalTV previously announced a strategic partnership with WPP’s GroupM as the third-party optimization and yield management technology partner for its advanced television initiative.
“Despite a challenging economic environment, TidalTV’s progress illustrates the demand for more efficiency and effectiveness in branded advertising,” said Scott Ferber, chair and CEO of TitalTV.
The company said it intends to aggressively expand its development of advanced targeting and ad decisioning capabilities within the video marketplace.
Patrick Kerins, general partner of NEA, said, “We believe that TidalTV will continue to grow rapidly as a leader in advanced targeting and optimization for online video advertising, as well as other emerging advertising platforms in the very near future.”
Marquee partners
The company has deals with MSNBC, NBC News, Scripps Networks, TV Guide Network, The Weather Channel, Vogue TV and Sports Illustrated.
It matches advertisers to videos on sites reaching their targeted audiences using complex optimmization mathematics.
Ferber, the company’s founder, CEO and chair, co-founded Advertising.com, which AOL bought in 2004 for $435 million.
www.tidaltv.com
Tags: Baltimore, Comcast Interactive Capital, NEA, online video advertising, TidalTV B round, Valhalla Posted in Internet/New Media, IT, Marketing, Maryland, Money, Potomac | Comments Off
Tuesday, February 16th, 2010
TYSONS CORNER, VA – Don’t miss out on the East Coast’s premier venture capital event, the Southeast Venture Conference. Join hundreds of venture capitalists, private equity professionals and technology executives February 24-25th at the Ritz Carlton in Tysons Corner.
Register now to Hear from Wikipedia founder Jimmy Wales, ‘Father of the Internet’ and Google’s Chief Internet Evangelist Vint Cerf, President of the National Venture Capital Association Mark Heesen and dozens of other top venture capitalists and industry experts on panels such as Winning Strategies for Government Contracting.
- Over 60 dynamic high growth presenting companies
- Current market relevant investor and executive panels
- Keynote presentations from Wikipedia co-founder Jimmy Wales and ‘Father of the Internet’ Vint Cerf
- Candid conversation with National Venture Capital Association President Mark Heesen
- Numerous exclusive networking opportunities
- Over 30 featured speakers and panelists
- From top early stage firms to late stage company showcase
- Over $60 billion in investment capital in attendance
Announced Panel Topics:
- 2010: State of the Venture Market
- Early Stage Investment Discussion
- Opportunities in Clean Tech
- Winning Strategies for Government Contracting
- Limited Partner Viewpoint
- Exit and Liquidity Strategies
REGISTER HERE
Showcase Presenting Companies:
Acumatica – Bethesda, MD
Advanced Liquid Logic – RTP, NC
Avancen – Mount Pleasant, SC
AvidXchange – Charlotte, NC
avVenta – Mt. Pleasant, SC
BestThinking – Cary, NC
Blue Nano – Charlotte, NC
Blue Ocean – Pembroke Pines, FL
Box Tone – Columbia, MD
Braintech – Washington, DC
CallMiner – Fort Myers, Florida
Channel Intel. – Celebration, FL
Columbia Power – Charlottesville,VA Computable Genomix– Memphis,TN
Creative Allies – Asheville, NC
CURRENT Group - DC
CW Optics – Seaford, VA
Deposco – Alpharetta, GA
Entogenetics – Charlotte, NC
Envisionier – Woodstock, GA
eTect – Gainesville, FL
FishBowl – Alexandria, VA
GeneEx – Hialeah, FL
GetWellNetwork – Bethesda. MD
Halo Monitoring – Huntsville, AL
Heart Imaging – Durham, NC
HitFix – Washington, DC
Imbera – Melbourne, FL
iVideosongs – Atlanta, GA |
Kaulkin IS – Rockville, MD
LinkConnector – Cary, NC
Microcell – Raleigh, NC
MiserWare – Blacksburg, Virginia
NextGenEn – Columbia, SC
Oncoscope – Durham, NC
Oversight Systems – Atlanta, GA
Overture Networks – Morrisville, NC
Parabon NanoLabs – Reston, VA
Park Media – Memphis, TN
Patient Point – Orlando, FL
RivalHealth – Raleigh, NC
SciVera – Charlottesville, VA
Semprius – Durham, NC
Sestar – Gainesville, FL
Sharklet Technologies – Alachua, FL
SIGNiX – Chattanooga, TN
Skoodat – Chattanooga, TN
smartRealm – Leesburg, VA
SoloHealth – Duluth, GA
Spotlight TMS – Falls Church, VA
StudioNow – Nashville, TN
Synapse Wireless – Huntsville, AL
Twiigg – Reston, VA
Vocalocity – Atlanta, GA
Voices Heard Media – Knoxville, TNWeather Decision Tech – Atlanta, GA
YadaHome – Washington, DC |
Tags: panels, presenting companies, SEVC Posted in Carolinas, Events, Florida, Georgia, Maryland, North Carolina, Other SE, Potomac, Tennessee, Virginia, Washington, DC | Comments Off
Tuesday, February 16th, 2010
By Allan Maurer
GERMANTOWN, MD – Most of today’s electrical systems have limited intelligence. Utilities usually don’t know your power went out until you call them. That means there is a huge global market for the CURRENT Group’s products.
The CURRENT Group’s Smart Grid solutions add intelligence to the electrical grid, helping utilities deliver power more efficiently and cleaner, says the companys VP of Corporate Development and Strategy, Brendon Herron.
Presenting at SEVC
The 160-employee company has raised an undisclosed amount of backing from marquee investors such as Goldman Sachs, Google, GE, and Liberty Associate Partners. It is one of the 60 intriguing companies presenting at the upcoming Southeast Venture Conference in Tysons Corner, VA, Feb. 24-25 (see: seventure.org for more information).
Herron explains that unlike most industries today, the electric utility industry has been so to adopt sensors and monitoring technologies.
“That’s mostly because they’re a regulated industry, but also because electricity has been cheap and plentiful,” he adds.
It’s also the largest contributor of the carbon contributiong to global warming, accounting for 40 percent.
All utilities will go smart
The need to reduce that carbon footprint and operate more efficiently means that over the next 10 to 15 years, every utility in the world will have a smart grid or be rolling one out, says Herron.
Smart grids, such as the CURRENT Group’s, helpl utilities optimize their systems, protect them from black outs and attacks and reduce their carbon footprint.
Herron says the company is in expansion mode.
The company is already active in the U.S., Asia/Pacific, Europe and Latin America.
We expect that the new $4.5 billion in the American Recovery and Investment Act specifically earmarked for smart grid grants.
The grants, President Obama said, are a way of “Updating the way we get our electricity by starting to build a new smart grid that will save us money, protect our power sources from blackout or attack and delivering clean, alternative forms of energy.”
www.currentgroup.com
Tags: clean energy, Current Group, SEVC presenting companies, software Posted in Energy, Events, IT, Potomac, Washington, DC | Comments Off
Tuesday, February 16th, 2010
 Jesper Juul
CHAPEL HILL, NC – Jesper Juul, the noted international game theorist that WIRED magazine calls “The Explainer,” is one of the featured speakers at the C.H.A.T. festival that runs from today, Feb. 16 through Feb. 20 at the University of North Carolina at Chapel Hill.
Juul’s speech, titled “Gaming and the Future of the Arts and Humanities,” argues that the meaning of a video game comes not just from its theme, but from the way it fits into social situations and the way it lets players experience personal development, failure and success. He speaks at the event from 2:30-4:30 p.m. on Friday.
The CHAT festival will explore the ways digital technologies are transforming the practices of the arts and humanities, including how we learn, think, know, teach and express ourselves both as individuals and as communities.
Triangle gaming execs participating
The festival will also feature Triangle Game Initiative members and speakers from industry-leading companies in the Triangle, including Insomniac Games, Ubisoft, Red Storm Entertainment, Vicious Cycle and Themis Media. Thought leaders from three leading research institutions – the University of North Carolina at Chapel Hill, Duke University and North Carolina State University; the supercomputing institute RENCI (Renaissance Computing Institute; and top technology firms IBM and Cisco will also participate in panels, discussions and workshops.
“Games are a cornerstone of the digital arts, so when we were invited to support the C.H.A.T. festival we knew it would be a fruitful collaboration,” said Alexander Macris, president of the Triangle Game Initiative. “It’s been inspiring to work closely with our colleagues in academia, and the success of C.H.A.T. is further proof of the Triangle area’s emergence as a hub for entertainment and technology.”
Carolina alumnus Robert J. Bach, Microsoft Corp.’s president for Entertainment & Devices, who led the Xbox and Xbox 360 to fruition: “The Future of Entertainment,” delivers today’s keynote speech at the festival’s opening event, from 3 p.m. to 4:30 p.m in Hill Hall auditorium.
Another event we’d like to see is the panel on Entrepreneurship and Collaboration starting at 1:30 today (Feb. 16).
For more information about the C.H.A.T. Festival, see: www.chatfestival2010.com
Previously on TechJournal South:
Tags: CHAT festival, Jesper Juul Posted in Carolinas, Events, Internet/New Media, IT, North Carolina | Comments Off
Tuesday, February 16th, 2010
COLUMBIA, MD – Only hours after Blackberry unveiled its new Enterprise Server Express, Maryland-based BoxTone, which sells mobility management software, said it anticipates certification to support the new Research In Motion software.
BoxTone sells software to manage, monitor and support smartphone platforms. It added about $1.5 million to its Series A round last fall and is now “Reading the tea leaves as the economy recovers,” to decide it wants expansion capital, says Brian Reed, chief marketing officer.
Reed tells us, “Every year during the last ten, someone predicted this would be the year of mobility, but I do think this year there is a perfect storm.”
BoxTone is one of 60 innovative companies presenting at the upcoming Southeast Venture Conference in Tysons Corner, VA, Feb. 24-25 (see: www.seventure.org for more information).
Supports multiple platforms
BoxTone’s software and consoles support the BlackBerry smartphone platform, and the ActiveSync smartphone platform featuring Apple iPhone, Google Android, Palm WebOS, Nokia Symbian and Windows Mobile devices.
BoxTone’s software largely automates smartphone management for large companies, solving problems for users by resolving most at the helpdesk level or allowing them to solve their own problems without further aid.
Even when a problem is resolved at the helpdesk level, Joel Weinshank, marketing director, told us in an earlier interview, it is usually resolved in minutes, not the hours or more it takes if the problem is pushed upward to IT staff.
BoxTone software is used by more than 230 of the world’s leading enterprises and government agencies, including 70 in the Global 2000.
Aimed at SMBs
RIM says the new free Blackberry Enterprise Express software offers economical advantages to small and mid-sized businesses that desire the enterprise-grade security and manageability of BlackBerry Enterprise Server but don’t require all of its advanced features.
The software enables IT departments to meet growing demand from employees to be able to connect their personal BlackBerry smartphones to their work email.
Reed says the reasons he sees this as the real year of mobility include the multiple reliable device vendors, from Blackberry to the iPhone, the Android and the resurgence of Microsoft mobile to huge amount of activity going on in app development for smartphones, all of which make mobile “Much more viable to investors.”
– Allan Maurer
Online: www.boxtone.com
Blackberry Enterprise Server Express
TechJournal South editor Allan Maurer can be reached at: allan at TechJournalSouth dot com.
Tags: Blackberry, BoxTone, mobile management software, SEVC, software, telecom Posted in Events, IT, Telecommunications | Comments Off
Tuesday, February 16th, 2010
RESTON, VA – Nearly 24 million Americans visited a health insurance site in Q4 2009, representing 10 percent of the total U.S. online population, according to a study of online health insurance activity in 2009 by comScore.
We were among the consumers who researched health insurance options online last year.
“Consumers are increasingly turning to the Internet as one of their first destinations to research health insurance, whether it is gathering information to evaluate options or seeking answers to questions concerning their current provider,” said comScore director Susan Engleson.
In Q4, 2009, Aetna Sites led as the most visited destination with 4.8 million visitors (20 percent industry penetration), followed by Blue Cross Blue Shield Sites with 4.1 million visitors (17.4 percent penetration) and USInsuranceOnline.com at 4 million visitors (16.8 percent penetration).
We should mention that asking for additional information on some sites may result in a steady barrage of followup email and calls from agents, although not necessarily those mentioned above.
Online: www.comscore.com
Tags: comScore, online insurance sites, Q4 2009 Posted in Internet/New Media, Studies, surveys, reports | Comments Off
Tuesday, February 16th, 2010
DURHAM, NC – Five North Carolina startups will split $200,000 in grants from NC IDEA, which will also provide other services to the firms.
NC IDEA is an economic development organization that has pumped about $1.5 million into 42 startups since 2006.
The firms winning funds from this round of grants are:
Argyle, a company developing an SaaS platform to help marketers tie their social media to business outcomes. www.argylesocial.com
CertiRx Corp., an AuthentiForm Technologies company, is developing a system product that reduces the growing global risk of injury and death from counterfeit medicines. www.authentiform.com.
Dyzen Inc. provides a web-based solution to help improve the efficiency of scientific labs, offering a common interface platform for all aspects of the research process, including grant management, the generation of scientific data and lab organization.
EcoCurrent has developed an efficient and cost-effective gasification system that converts biomass feedstock to usable energy. The company’s initial focus is on farm- scale gasification of dried swine manure to generate electricity and carbon offset credits. www.ecocurrent.com.
EntoGenetics has developed a method for transferring a spider’s silk production gene into the common silkworm, creating for the first time a commercially viable method of spider silk production. This fiber will provide soldiers with life-saving vests that are tougher, lighter and more comfortable to wear than current vests made of Kevlar and other similar fibers. It will also be used in promising medical, aerospace and composite applications.
The upcoming grant opportunity for North Carolina based companies opens on Monday, February 22, 2010. For more information see: www.ncidea.org
Tags: Argyle, CertiRx, EcoCurrent, EntoGenetics, NC IDEA grants Posted in Carolinas, Internet/New Media, IT, Money, North Carolina | Comments Off
Tuesday, February 16th, 2010
ORLANDO, FL - We may soon have a viable alternative to gasoline. New enzymes from Novozymes enable the biofuel industry to produce cellulosic ethanol at a price below $2 per gallon for the initial commercial-scale plants that are scheduled to be in operation in 2011, the company says.
This cost for is on par with gasoline and conventional ethanol at the current US market prices.
We know this is particularly important in the Southeast with its many sources of potential raw materials for cellulosic ethanol. North Carolina, Georgia and Florida all have strong interests in the biomass-based fuels.
Works on corn cobs, woodchips
Cellulosic ethanol uses enzymes to break down cellulose in biomass into sugars that can be fermented into ethanol.
Cellic CTec2 has proven to work on many different feedstock types, including corn cobs and stalks, wheat straw, sugarcane bagasse, and woodchips.
The company has been working on the Cellic CTec2 enzymes for a decade.
The process is ready
“We promised our customers and the market to be ready by 2010,” says Novozymes’ CEO, Steen Riisgaard.
“We’re ready. The enzymes are ready. Biofuel producers now have a critical component to turn agricultural waste into a competitive alternative to gasoline.”
Extraordinary advances in enzyme development have reduced the enzyme cost for cellulosic ethanol by 80 percent over the past two years and enzyme costs are now down to approximately 50 cents per gallon of cellulosic ethanol.
A number of pilot- and demonstration-scale facilities are in operation all over the world, while large-scale commercial facilities are under construction and scheduled to be operational in 2011.
Commercialization of cellulosic biofuel is expected to create 1.2 million new green jobs in the US alone by 2022.
Novozymes is quoted on NASDAQ OMX CopenhagenThe company’s U.S. headquarters is in Franklinton, NC.
Online: www.novozymes.com
Tags: alternative energy, cellulosic ethanol, Florida, Georgia, NC, Novazymes Posted in Carolinas, Energy, Florida, Georgia, North Carolina | Comments Off
Monday, February 15th, 2010
RESTON, VA – MAXIMUS (NYSE: MMS), a provider of government services, has acquired Canadian-based DeltaWare Systems Inc. (DeltaWare), a premier developer of health administration management systems for the government health care market.
Terms of the transaction were not disclosed.
DeltaWare’s eHealth software, offers a fully integrated suite of eHealth products that can be used independently or in combination to offer advanced electronic healthcare solutions.
We’re told the acquisition is part of MAXIMUS’ long-term strategy to broaden its core health services.
Tags: Maximus acquires Deltaware, Virginia Posted in Acquisitions, Government/Defense, IT, Potomac, Virginia, Washington, DC | Comments Off
Monday, February 15th, 2010
WASHINGTON & NASHVILLE, TN – Feeling good? If so and you’re in the Southeast, chances are you live in Washington DC, Raleigh, NC, Atlanta, GA, or Virginia Beach, VA.
That’s the conclusion of two groundbreaking reports published today by Gallup, the world’s best known and most respected behavioral science authority, and Healthways (NASDAQ: HWAY), the largest well-being management company in the nation.
The residents of Boulder, Colorado, and Hawaii had the highest well-being of any city or state in the U.S in 2009, according to the Gallup-Healthways Well-Being Index (WBI), which has been randomly polling 1,000 Americans per day, 350 days per year for the past 25 months.
We feel pretty good ourselves and we’re in the metropolitan statistical area that ranked third nationally in terms of sense of well being.
Happiest Southeast cities?
On the list of the top ten big cities with populations of one million or more, Washington DC ranked second, Raleigh, NC, third, Virginia Beach, VA, eighth and Atlanta ninth.
The 42 core questions that make up the WBI survey were scientifically designed by some of the world’s leading experts in economics, psychology and health.
They thoroughly measure how respondents are faring in all aspects of their lives; physically, emotionally, socially and professionally, as well as to take a daily pulse of how Americans rate the overall quality of their current life and outlook for the future.
For more in-depth analysis into the data contained in the rankings and implications for U.S. cities and states, please visit: www.gallup.com/poll/wellbeing.aspx
Here’s the top ten big cities list with their WBI scores:
Top 10 Large Cities, Well-Being
| Rank |
|
City |
|
WBI Score |
| 1 |
|
San Jose, Calif. |
|
69.2 |
| 2 |
|
Washington, D.C. |
|
69.1 |
| 3 |
|
Raleigh, N.C. |
|
68.6 |
| 4 |
|
Minneapolis, Minn. |
|
68.4 |
| 5 |
|
San Francisco, Calif. |
|
68.1 |
| 6 |
|
Boston, Mass. |
|
67.7 |
| 7 |
|
Seattle, Wash. |
|
67.6 |
| 8 |
|
Virginia Beach, Va. |
|
67.6 |
| 9 |
|
Atlanta, Ga. |
|
67.5 |
| 10 |
|
Kansas City, Mo. |
|
67.5 |
Tags: Atlanta, DC, Gallup, Healthways Well-being survey, Raleigh, Viriginia Beach, Washington Posted in Carolinas, Georgia, North Carolina, Potomac, Studies, surveys, reports, Virginia, Washington, DC | Comments Off
Monday, February 15th, 2010
ATLANTA – Retailer IT budgets are on the upswing, but the recession changed the way they’re spending their money, says a new survey from Aldata Solution and IBM.
The second annual Global Retail CIO Survey showed that IT budgets appear to be recovering after the initial downturn at the start of last year’s recession, with averages for all retailers at 1.3 percent of sales compared to 1 percent last year.
Twenty-six percent of respondents expect their IT budget to increase, the same as last year, but this time rather than going toward projects already underway, more retailers are implementing new systems.
Allan Davies, CMO, Aldata Solution said, “The truth is, though, that while the downturn hasn’t halted retailers’ IT spend, it has certainly changed the way that money is spent.
“Gone are the days of end-to-end, rip and replace projects, and instead we’re seeing a big focus on process optimization. Retail CIOs are not afraid of investing in new projects, but they need to see a quick return on investment. And by quick, I’m talking about months, not years.”
The survey says more than 50 percent of retailers will be upgrading, replacing or implementing new systems in areas such as Automated Replenishment (52%), Assortment Optimization (58%), Promotions Optimization (56%), Promotions Management (54%), with a further 46% looking to invest in Demand Forecasting.
The survey can be downloaded at www.aldata-solution.com
Tags: Aldata Solution, Atlanta, IBM, Retail IT recovering Posted in Georgia, IT, Studies, surveys, reports | Comments Off
Monday, February 15th, 2010
By Allan Maurer
ASHEVILLE, NC – One of the most important things to a graphic artist is getting work seen. Creative Allies, a startup founded by the folks who created Asheville-based Music Allies, connects artists with jobs from famous musicians, organizations, and others via its online showcase, helping them make money and gain exposure through high profile projects.
Sean O’Connell, CEO of CreativeAllies and president of Music Allies, tells us the company still has funds left from its seed round but will attend the upcoming Southeast Venture Conference in Tysons Corner, VA, Feb. 24-25 (see: www.seventure.org for more information) to set the stage for raising an A round, probably in 2011.
The CreativeAllies Web site allows artists who sign up to create and upload content for bands, rock stars, organizations, and brands. “They can upload designs for posters, packaging, tee-shirts, and logos,” says O’Connell.
The company just launched its beta application a few weeks ago, but is already signing up designers from all over the world.
“We’re getting some brilliant designs,” O’Connell says, “and musicians are using it. They’re happy because they’re getting incredible quality work.”
A quick scan of art uploaded—on spec—for musicians bears that out. The designs for posters, tees, CD covers and other art is striking and professional. Musicians looking for art include Ani DiFranco, who is seeking poster/flyers for each city of her upcoming tour.
It has a deal with PASTE magazine, the music journal with the third highest circulation behind only Rolling Stone and Spin, to have CreativeAllies design its covers.
“We’re creating the opportunity of a lifetime to do these high profile things through these relationships,” O’Connell says. He notes that the relationships he has built through his other firm, Music Allies, with top recording and touring musicians and major music events such as the Boonaroo festival, have provided Creative Allies with high end connections early on.
Music Allies has worked with Waxploitation, Joan Osborne, Patty Loveless, the Crash Test Dummies, Jack Johnson, the Black Seeds, Mason Jennings, Tennman Records, Martin Sexton, Sia, and Aimee Mann, in addition to DiFranco and Bonnaroo.
If musicians or organizations—which include the Bob Moog Foundation, which is seeking a poster design, and even local PTAs—want to use a given graphic work, they license it from the artist for $80. Creative Allies takes a commission from the money, which the buyer pays for on the site with a credit card.
But once up on the Web, the art works for the designer and the potential buyer, providing considerable promotional value, O’Connell notes.
Widespread access to PCs and graphic design software means that many talented artists are looking for an outlet, O’Connell says. “If they’re uploading art for a PTA in North Carolina, that means that if we provide the opportunity, it won’t be just the sexy jobs people design for.”
O’Connell says the company sees the education market as a strong future focus and CreativeAllies is already forging relationships with a number of institutions, integrating it with curriculums. Some design schools, he says, even want to use it as a recruiting tool.
The company expects to have its first deals with schools inked by the time it comes to the Southeast Venture Conference, even though the company has not yet done any marketing, O’Connell says.
The reason they’ll be talking with venture capitalists at the SEVC and otherwise, O’Connell says, is that eventually CreativeAllies wants to open its doors to every industry and from corporations to the lawyer who needs business cards.
Beyond that, it might expand into 3D prototyping of products for businesses, he adds.
Online: www.creativeallies.com ; www.musicallies.com; www.seventure.org
Tags: Creative Allies, SEVC presenting companies, showcase for graphic artists Posted in Carolinas, Company Profile, Events, Internet/New Media, North Carolina | Comments Off
Friday, February 12th, 2010
By Allan Maurer
BETHESDA, MD – There is a lot of Enterprise Resource Management software in the market, admits Doug Johnson, Acumatica’s vice president of marketing and business development. But Acumatica is distinct in two ways, he says. It was built from the ground up to operate in the cloud, and it suits moderate-sized businesses that have grown beyond Quickbooks but don’t need expensive solutions such those from SAS or Oracle.
The 30-employee company was founded in 2006 and raised “several million dollars” from Cisco-backed Almaz Capital Russia Fund I, according to reports, in addition to private funding. The company has software development operations in Russia.
Acumatica delivers a complete set of business applications with dashboards, reporting tools, integrated document management, centralized security, and powerful customization tools.
All applications are web-based, which means that users with appropriate privileges can access the system from any computer or device using all common web browsers. The server software can be installed on client premises or hosted in a datacenter.
Johnson that offering the technology on a Software as a Service basis in the cloud allows company’s to deploy it from anywhere.
And he says, it means, “You can grow as fast as you need or shrink it in bad times if you need to.”
It also offers the software suite via a traditional license.
It’s financial features are good for mid-sized businesses that have outgrown Quickbooks type solutions, but are not ready for the expensive an SAS or Oracle product.
Acumatica sells through value-added resellers and Johnson says the company’s placement with VARS “Has been phenomenal.” It has from 10 to 15 deployments now and expects more as trains new VARS.
Johnson says development of the product is ongoing as the company adds new features. “We’ll do more modules such as a fixed assets module and a payroll module.”
Acumatica is one of 60 innovative companies selected to present at the upcoming Southeast Venture Conference in Tysons Corner, VA. (See: www.seventure.org) for more information.
Online: www.acumatica.com
Tags: Acumatica, cloud computing, ERP software, SEVC Posted in Company Profile, Events, IT, Maryland, Potomac | Comments Off
Friday, February 12th, 2010
GREENSBORO, NC – Laboratory Corp. of America (NYSE:LH) says it will consolidate its billing operations in North Carolina in a move that will create 346 new jobs in Greensboro. The lab services testing company will invest $4 million over the next three years establishing the billing center.
It will receive a $275,000 grant from the One North Carolina Fund, which requires a local match.
Lab Corp. Chair and CEO David King said, “LabCorp has historically made major investments in the Piedmont Triad Region, including the construction of our new corporate headquarters in Burlington, job creation in Alamance County and now creation of jobs in our new national billing operation in Greensboro.”
Online: www.LabCorp.com
Tags: Economic Development, Greensboro, jobs, Lab Corp Posted in Carolinas, Economic Development, North Carolina, TechJobs | Comments Off
Friday, February 12th, 2010
 Most auto dealers say the Internet produced the highest ROI
ORLANDO, FL – The Internet is the auto dealerships’ highest ROI business-generating tool over the last five years, according to a national survey of dealerships from Autobytel Inc. (Nasdaq:ABTL).
A whopping 96 percent predict it will play a larger role in their marketing in the next five years.
One hundred percent of dealer respondents reported that their Internet focus/strategies helped them through these challenging times.
This makes perfect sense to us. Most people we know do their research for big ticket items online prior to buying.
The survey’s findings could be good news to Internet sites surviving on advertising and Internet marketing companies.
TV, radio and newspapers trailed in ROI, with respondents in the single digits saying they got their best results from them.
Ninety-three percent of dealers have increased their Internet marketing budgets in the last five years, according to the survey, with more than half (56%) boosting their Internet budgets by 50% or more; and a third (31%) by 100% or more.
Ninety-five percent of dealers are either increasing their 2010 marketing spend (56%) or holding firm on 2009 spend (39%). And the Internet will be the biggest beneficiary of these new investments: 69.5% plan to increase their Internet spend this year.
Autobytel Inc., an automotive marketing services company, pioneered the automotive Internet when it launched Autobytel.com in 1995.
Online: www.autobytel.com
Tags: autodealers, Internet advertising, Internet ROI, surveys Posted in Internet/New Media, Marketing, Studies, surveys, reports | Comments Off
Friday, February 12th, 2010
Interested in having your city be one of the test areas for Google’s ultra-high speed broadband project? You can let Google know.
The company plans to test ultra-high speed broadband networks in one or more trial locations across the country. It will deliver Internet speeds more than 100 times faster than what most Americans have access to today, over 1 gigabit per second, fiber-to-the-home connections. We’ll offer service at a competitive price to at least 50,000 and potentially up to 500,000 people.
Municipalities can start a “government response,” and individuals may nominate their communities.
For more details see our previous story, Google to offer high-speed broadband.
According to Rupert Wood, Principal Analyst at consultancy and research firm Analysys Mason (www.analysysmason.com), the move shows that Google is determined to influence US telecoms policy by showing how user and service provider behaviour could change under radically different conditions from those that currently prevail in the USA, and at the same time to understand how it can monetize those changes.
If you want to tell Google why the company should give your city a shot at its project, go here and click on “Get Involved” on the right.
Google High Speed project
Tags: broadband, Google, Tell Google your city wants its high-speed broadband Posted in Internet/New Media | Comments Off
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