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Emerging Technology : Innovation + Job News

316 Emerging Technology Articles | Page: | Show All

University of Minnesota launches record number of startups for 2013

The University of Minnesota is proving to be particularly adept at turning research into commercial efforts, and this year, it will set a record for the number of startup companies it's launched.
 
In the university's 2013 fiscal year, 14 startup companies were given a boost into the marketplace through efforts by the Office for Technology Commercialization (OTC). That's up from 12 last year, and it's likely that the momentum will continue into the next fiscal year. Already, five startups are on track to launch in the first few months of 2014 and another 19 technologies are in various stages of startup activity.
 
"Our continued success as a research institution depends upon our ability to transfer knowledge created at the university into the real world, where it can have a  direct impact on our society," notes Brian Herman, the University of Minnesota's Vice President for Research. He adds that the team at the OTC is doing an especially impressive job given the challenging economic climate of the past few years.
 
The OTC has been aided by the formation of a Venture Center, first opened in 2006. Since then, 52 startup companies have been created, and nearly 80 percent of those are still active. That success rate is notable, Herman points out, since a study done by Harvard Business School showed that 75 percent of all startups fail.
 
Also worth noting is the breadth of startups coming out of the university. In 2013, the range of products included a plastic bead that cuts off the blood supply to tumors, a smartphone-based breathalyzer, a handheld probe that can measure tension in soft tissues during orthopedic surgery, and a genetic test that assesses certain risks in dogs.
 
So, investors take note: when looking for the next big startup, it might be time to go back to school.
 
Source: Brian Herman, University of Minnesota
Writer: Elizabeth Millard

Byte Technology moves HQ from California to Bloomington

Web design firm Byte Technology recently made a major shift when it moved its national headquarters from Monterey, Calif., to Bloomington.
 
CEO and founder Terry Low notes that he and his wife had been visiting family in Minnesota over the past few years, and he began to see the opportunities here. "I started to see how the state is different, in terms of the business climate," he says. "There's so much here, from the standard of living to the availability of great employees. It opened my eyes."
 
The company will continue to operate a branch in Monterey as well as Denver, but Low looks forward to building up the new HQ locally. In particular, he anticipates bringing his blend of business savvy and social good to the Twin Cities area.
 
"I love being able to give back to the community, and that's something I hope to instill in all of my employees," he says.
 
Founded in 2001, Byte's clients have included Comcast, Colgate-Palmolive, AT&T, and other significant companies. Low anticipates that the company will make an impact here with Byte's distinctive web experience services, and hiring is currently underway.
 
"The web industry is moving at a breakneck speed, and we're keeping our goals high so that we can stay ahead," Low says.
 
Source: Terry Low, Byte Technology
Writer: Elizabeth Millard

Online work platform Field Nation expands into Europe

With continued expansion, Field Nation may have to consider changing its name someday to Field World. The Minneapolis-based firm, which provides an online work platform that connects businesses and independent contractors, is growing fast, leading to a recent expansion into Europe.
 
"There has been such demand from customers to use our platform in other areas than the U.S. and Canada," says CEO Mynul Khan. "We've been asked to expand into Latin America, parts of Asia, and Western Europe, so really, we just chose a starting point for more international services, but we expect to keep expanding geographically."
 
Launched in 2008, Field Nation employs 45 but has a contractor database of about 40,000. Although the company did aggressive recruitment in its early years, the momentum is now so strong that hundreds of new companies and contractors sign up every day through word of mouth, Khan says.
 
The company offers a marketplace where professionals can meet, but also provides a management system with distinctive features and tools that allow customers to create work orders, arrange payment, and keep track of documentation.
 
In addition to broadening its planetary footprint, Field Nation is also growing vertically, Khan says, by adding more skillsets into the mix. Currently, the company tends to lean toward IT services, but Khan believes that Field Nation's platform and work management automation can extend to any industry that hires independent contractors, including construction, creative work, and telecom.
 
"Every day is exciting here," he says. "We're always thinking about the next big thing and making new milestones."
 
Source: Mynul Khan, Field Nation
Writer: Elizabeth Millard

HighJump Software picks Danish firm for acquisition

Minneapolis-based HighJump Software employees may want to take an accelerated course in Danish so they can visit the company's newest offices.
 
The supply chain management software provider recently announced that it acquired Evenex, a provider of business-to-business integration solutions. Located in Denmark, Evenex allows customers to exchange business documents through managed cloud services. HighJump Software, with its emphasis on efficient supply chain capabilities, will give the Danish firm greater market reach.
 
In other words, as they'd say in Denmark, it's a "gode tilbud" (good deal) for both companies.
 
HighJump Software CEO Russell Fleischer notes that the acquisition is important for expanding the company's reach in Europe, and hints that the Evenex deal could be the kickoff for more acquisitions in the future.
 
"It's an important first step towards broadening our geographic coverage in Europe," he says. "We look forward to driving organic growth as well as continued to look for logical merger and acquisition opportunities."
 
The deal will give the Danish firm access to capital that will help foster growth.
 
The acquisition comes during a strong year for HighJump, which has been busy enhancing its products for SMB customers, attracting large clients with refined software offerings, and cementing new partnerships.
 
Fleischer notes that all of these moves are enabling customers to have technologies that work for their specific business needs and processes. With the year only half over, it's likely that HighJump will keep its expansion and development going strong for 2013.
 
Source: Russell Fleischer, HighJump Software
Writer: Elizabeth Millard

Stratasys makes major acquisition, plans to add jobs

The 3-D printing industry may still be cutting edge and futuristic for most of the marketplace, but a recent acquisition by Eden Prairie-based Stratasys shows that the technology is gaining momentum, and the Minnesota company is leading the way.
 
The company reported recently that it just inked a deal to acquire competitor MakerBot, in a transaction worth about $403 million. If MakerBot reaches certain performance benchmarks, that amount could grow even more before Stratasys finalizes the deal.
 
The acquisition is an important one for the industry, and establishes Stratasys as a savvy, well-positioned company that could significantly extend its reach. Already, the firm produces 3D printers for commercial and industrial uses, and the inclusion of MakerBot technology could expand its production to smaller, more entry-level models that may be used by small businesses or even home users.
 
Industry analysts were quick to note that the combination of the two companies would drive faster adoption for 3D printers for multiple applications, and could bring the technology into the mainstream.
 
MakerBot will now operate as a separate subsidiary of Stratasys, continuing to maintain its own products and market strategy, and CEO Bre Pettis noted that the deal will continue a robust growth track.
 
"We have an aggressive model for growth, and partnering with Stratasys will allow us to supercharge our mission to empower individuals to make things," Pettis says. "It will allow us to bring 3D technology to more people."
 
In addition to the acquisition, Stratasys also announced it would add about 80 jobs by the end of the year.
 
Source: Bre Pettis, MakerBot
Writer: Elizabeth Millard

Maverick Software Consulting recognized for innovative business model

Minneapolis-based Maverick Software Consulting boasts a distinctive business model that's getting noticed by award presenters.
 
The company just received the Innovative Partnering and Collaboration Award from Minnesota State Colleges and Universities (MnSCU), as recognition for its efforts to link companies with entry-level IT staff sourced from colleges and universities.
 
Drawing on nearly 60 campuses across the Midwest, Maverick recruits, trains, and manages college students who work with companies that are experiencing a shortage of software development talent. The program also provides a supply of experienced IT professionals who've graduated from the program, and notes that Maverick "grads" typically find employment up to six months sooner than typical college graduates.
 
Started in 2006, the company's growth has been impressive, expanding from an initial staff of 10 student employees on one college campus to 130 employees on 25 campuses. Martin Hebig, the company's founder and president, notes that of the 325 students who've worked for Maverick, all have gone on to full-time employment at companies like Microsoft, Facebook, IBM, and Symantec.
 
He adds that receiving the MnSCU recognition is an honor, and made possible through academic and corporate partners that keep the program growing strong.
 
Hebig believes that the technology field in Minnesota will continue to heat up when it comes to hiring and retaining IT talent. "This is the year of the computer geek, nerd, tech diva, and so on," he says. "There are so many great things going on in the state right now to support this strong growth trend, and a lot of efforts to keep high-paying IT jobs in the state."
 
Source: Martin Hebig, Maverick Software Consulting
Writer: Elizabeth Millard

Minnesota Cup selects semifinalists for innovative business idea prize

The summer may be off to a sluggish start weather-wise, but at the Minnesota Cup, the heat of competition just got kicked up a notch.
 
The annual contest, which supports the development of breakthrough ideas from across the state, just announced the start of its semifinal round, with 57 teams of entrepreneurs and inventors ready for the next stage.
 
Now in its ninth year, the Minnesota Cup offers six categories of innovation: energy/clean tech, general, high tech, life science/health IT, social entrepreneur, and student. Competitors are able to enter individually or as a four-person team.
 
The semifinal round will give those innovators a chance to buff up their ideas through exposure to mentors and business leaders, who will act as advisors for the next round. The teams and individuals will also have the opportunity to meet members of the Cup's review board.
 
A full list of this year’s semifinalists is available on the Cup’s site, and includes companies like Rowbot Systems, Windjuicer, Foodsby, Kidblog, Mode-sty, and Cinch Chix.
 
The competition is designed to bring out the best and brightest minds in Minnesota, and help those individuals to make connections that can advance innovation in the state, according to Minnesota Cup co-founder Scott Litman. He says, "The 2013 competition is no exception. We're excited to see how the many strong applicants in this year's pool will progress with mentoring and business planning this summer."
 
Three finalists from each division will be chosen on August 19th, and will be expected to present their business plans for a chance to nab the top prize, which will be awarded on September 11th.
 
Source: Scott Litman, Minnesota Cup
Writer: Elizabeth Millard

Eagle Creek Software Services reports surge in customer base

Eden Prairie-based Eagle Creek Software Services is proving that bringing IT work back onshore can lead to great results—the technology services company reports 28 percent growth in its customer base this year, with more growth likely in the near future.
 
"Onshoring" is a term coined recently in the IT and consultancy realms to describe a movement away from offshore strategies, which tend to move numerous tasks to other countries.
 
Although plenty of companies still push work out to nations like China and India, an increased focus on local resources looks like it could be the next big trend, and Eagle Creek's success is an indicator that the tactic can work well.
 
"Our growth is positioned around public and private partnerships in the Dakotas," says Ken Behrendt, president of Eagle Creek Software Services. "With a business-friendly state like South Dakota, and an energized university system, Eagle Creek is positioned to thrive by bringing corporate America what they so desperately need—a scalable and reliable workforce."
 
The company calls its strategy the "Dakota Model." Working with government agencies as well as the University of South Dakota, Eagle Creek will create about 1,000 jobs in technology centers around the state over the next five years. The company is building a $10 million technology center in Vermillion, South Dakota, and plans to staff it with students who graduate from the IT Consultant Academy at the university.
 
This move will triple the company's number of consultants, and put Eagle Creek in a strong position both regionally and nationally.
 
Source: Ken Behrendt, Eagle Creek Software Services
Writer: Elizabeth Millard

Website launched for local food resources

A new website, Community and Local Food Resources, is aimed at assisting rural community food systems and development. Sparked by a tri-state collaboration, the site's mission is to improve local food resources, no matter where people might live in the upper Midwest.
 
"Farmers and community members can face a variety of unique struggles and opportunities when working to develop strong local food systems," says Greg Schweser, Community Food Systems Planner at the University of Minnesota's Regional Sustainable Development Partnerships. "We worked with rural communities in Minnesota, North Dakota, and South Dakota to find out what those issues were and addressed them as best we could in this website."
 
The university collaborated with North Dakota State University Extension Service, Buy Fresh Buy Local South Dakota, and non-profit organization FARRMS to craft a site that will be useful for those working in local food systems. Topics include production, marketing tactics, business advice, sourcing options, education, and public policy.
 
The site comes at a crucial time, as community support for the farm-to-fork movement is growing. By providing online resources to rural communities, the site's developers hope to connect farmers with local organizations and also assist consumers who might be searching for affordable farmers market options or looking to start a community garden.
 
"While there is a wealth of information online to help those working on local foods, this website combines and organizes hundreds of resources into one easy-to-use interface," says Schweser.
 
As food systems change over time and community food strategies develop, the site's developers hope that people will forward new resources so the site can be kept up to date. Schweser is confident that the website can be a major force for change, and a central point for those aiming for stronger, community-based food systems.
 
Source: Greg Schweser, University of Minnesota
Writer: Elizabeth Millard

Tekne Awards offer new categories for this year's round

Minnesota technology leaders, start your engines.
 
The high-profile Tekne Awards just opened for entries, and five new categories have been added: STEM education and digital learning, healthcare delivery, impact on industry, agricultural technology, and safety and security.
 
Innovative entrepreneurs, organizations, nonprofits, and government agencies will all compete in the award program, now in its 14th year, presented by the Minnesota High Tech Association (MHTA).
 
The state remains at the forefront of cutting-edge technological growth, the MHTA noted, and the robust and growing competition highlights the kind of innovation that's homegrown here, from cleantech to robotics.
 
Last year, winners included Nova-Tech Engineering, Ecolab, Global Traffic Technologies, Maverick Software Consulting, and Sophia Learning. The City of Minneapolis also received an award, for technology excellence in a non-profit organization, getting a nod for an emergency operations training facility that blends digital data and streaming video.
 
This year, the five fresh categories showcase new directions in the state's approach to innovation. STEM education, a hot topic these days, gets its own category for programs that engage K-12 students in applied learning opportunities. Healthcare delivery will award innovation in the area of medical devices, diagnostics, data management, and other areas that improve patient care.
 
"We are watching significant growth in the areas of mobility as well as safety and security and want to make sure the Tekne Awards reflect that," says Andrew Wittenborg, Director of Outreach for MHTA. "At the same time,  we want to recognize and support the collaborative efforts that lead to Minnesota breakthroughs."
 
In addition to its new categories, the awards will feature well-established, competition-rich categories like software, startup, advanced manufacturing, and mobile technologies.
 
Applications for this year's awards will be open until July 15th, and there's no application fee, nor do applicants have to be MHTA members. Finalists will be announced in September, with an award celebration held in November.
 
Source: Andrew Wittenborg, Director of Outreach, Minnesota High Tech Association
Writer: Elizabeth Millard

Totally Interactive Weather unveils innovative online ad platform

The heat begins to spike in the middle of summer, and suddenly the online ads you see promise thirst-quenching drinks, air conditioning systems, and convertible cars. Coincidence? Far from it: local firm Totally Interactive Weather, helmed by well-known meteorologist Dave Dahl and his son, Andy Dahl, is pioneering an ad platform that utilizes weather information to shape an advertiser's message.
 
Started in 2007, and often referred to as TiWi, the company was formed as a way to bring more weather information online, and disseminate it to other media properties. But the startup began at a difficult economic time, says Andy Dahl, and some lean years of trying to sell subscription content convinced the founders that they needed a stronger model.
 
"We began thinking of ways to go toward an advertising revenue model," he says. "Essentially, we were providing weather content for free, and attaching advertising to that content to monetize in that space."
 
That led to the debut of a technology called Trigger X, connecting weather data with advertising to make online ads more relevant and timely, Dahl says. The new platform provides in-the-moment ad messages based on changing weather patterns. For example, if someone is reading the Denver Post online and snow is moving into the area, Trigger X will prompt advertising that might include last-minute skiing specials, or snow shoveling service offers.
 
The platform went through beta testing in February, and just launched officially in May. TiWi is working to partner with ad agencies and media companies, and Dahl is confident that growth is as imminent as, well, the next big heat wave.
 
Source: Andy Dahl, Totally Interactive Weather
Writer: Elizabeth Millard

Livefront drives growth with focus on mobile app development

Although there are a number of software shops in the Twin Cities, very few focus on mobile app development, which makes Livefront into a prominent player, and one that's due to grow in the near future.
 
Founded in 2001, Livefront got its start when technologist Mike Bollinger was in college and working on mobile software for the Palm Pilot. In 2008, he started building a team and the company now has 10 employees, with hiring and expansion expected in the months ahead.
 
The company is very active in the local tech space, and Bollinger sees Livefront's role as much more than an app developer in a tech-savvy town.
 
"Our focus, our energy, and our intensity is centered around helping our clients design and build incredible mobile app experiences," he says. "It's important to us that we lead by example through teaching, speaking, sharing, sponsoring, and giving back to our community."
 
Livefront has sponsored over 15 events and organizations in the past two years, including Mobile March, Ignite Minneapolis, and Minnesota Developers Conference. The firm has released multiple open-source software projects like Acracadabra, and Bollinger is a co-founder of the well-respected online technology news site TECHdotMN.
 
Being so involved with the community gives Livefront an advantage when it comes to making connections (especially for its open tech positions), and also highlights the vibrant technology culture that's growing strong in the Twin Cities. As growth occurs, it will come mainly from Livefront's strong expertise and focus on mobile app development — but the robust engagement with the community also plays a major part in why Livefront is front and center.
 
Source: Mike Bollinger, Livefront
Writer: Elizabeth Millard

Walker Art Center releases Sculpture Garden mobile app

Just in time for summer visitors, the Walker Art Center recently launched a new website and free mobile app for its well-loved Minneapolis Sculpture Garden.
 
Developed as part of the museum's 25th anniversary, the website revamp includes a wealth of information about the sculpture garden and its artworks. Users can download the smartphone app directly from the site, and use the app's GPS technology to navigate the sculptures.
 
Video and audio content conveys general information about the Sculpture Garden's history, as well as interesting factual tidbits about each sculpture. The app also includes short interviews with visitors, community members, and prominent local personalities, such as Minneapolis mayor R.T. Rybak.
 
Andrew Blauvelt, the Walker's Chief of Communications and Audience Engagement, says that the museum and garden's Art on Call program -- which allows visitors to use cellphones for accessing guided audio tours -- is still available. The new app doesn't replace that service, it simply broadens access, Blauvelt believes.
 
"It's fitting that the Minneapolis Sculpture Garden, which was a truly cutting-edge idea of putting art outdoors in the city, now boasts the Walker's first mobile app, putting interpretation in the hands and pockets of our visitors," he notes.
 
The redesigned website, spare but informative, highlights different garden events such as the popular Rock the Garden music festival in June and Avant Garden, the end-of-season fundraiser with cocktails and fine dining. An interactive map also helps visitors to pinpoint specific sculptures and access tour guide comments, a visual description, and thoughts from garden visitors.
 
Source: Andrew Blauvelt, Walker Art Center    
Writer: Elizabeth Millard

Startup DIY site HouseTalent developing photo app

When Drew Geraets and his wife moved back to the Twin Cities from New York in 2010, they bought a 1908 charmer in St. Paul. Like so many older homes in the area, the house had plenty of character, but also boasted a lengthy to-do list of improvements. It also had a distinctive feature: a book of photographs from the previous owner, showing the work that had already been done.
 
"I got a history of the place, and it was so striking to see how it had changed," Geraets says. "Because of that, I started to notice how often people posted their projects online, in blogs and on Facebook or Instagram. There are a ton of DIYers documenting projects from start to finish."
 
Although a somewhat popular site, Houzz, tries to collect these kind of efforts, Geraets envisioned a more user-friendly site for DIYers, and eventually, a mobile app. Along with a fellow entrepreneur, Ryan Cavis, he launched HouseTalent, a site that allows users to upload photos, create project sites, and browse other projects.
 
Currently, the founders are working on an iOS app that will make it easy for users to take photos with smartphones and upload to the site. The app should be ready by the end of June.
 
HouseTalent is seeing a steady increase in users as word gets out (and the spring renovation momentum takes hold), and Geraets anticipates that the next step will be developing a revenue model that could take the form of premium content. Right now, just like his house, everything is a fun work in progress.
 
Source: Drew Geraets, HouseTalent
Writer: Elizabeth Millard

Mobile tools drive growth at Leviathan Technology Group

As communication and information increasingly go mobile, Leviathan Technology Group is seeing the benefits.
 
The Minneapolis-based technology services firm is finding significant growth in interest for mobile tools, as well as new methods for pushing content to users. That shift is creating strong expansion opportunities for the firm, propelling it beyond its initial healthcare specialization and into many other industries.
 
Founded about nine years ago by entrepreneur Steve Engels, the company first focused on software development and product design for health-related nonprofits, helping them build content tools online. Since then, the firm has grown into a developer of mobile tools and web applications, and Engels sees a wealth of opportunity ahead.
 
One secret to the company's success is local hiring combined with expert contractors in Russia and Ukraine, he notes. Leviathan's system of connecting consultants from all over the world has allowed the small local team of 10 to be more agile, according to Engels, and integrate mobile technology in a creative way.
 
At this point, he's now trying to anticipate the next big thing. "When it comes to the future, we'll be pushing more, trying to find the cutting edge," he says. "We're seeing strong growth in mobile, but we have to think about what's after that. We need to be experts by the time technology hits the mainstream."
 
Source: Steve Engels, Leviathan Technology Group
Writer: Elizabeth Millard
316 Emerging Technology Articles | Page: | Show All
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