‘Flexible’ lease space for tech firms to open downtown next year
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
A group of real estate investors have made a $10 million bet that they can sell leases in with terms as short as one year to adolescent tech companies.
Dewand Neely recently spoke with IBJ about cybersecurity, the innovation his office is driving, and being one of only a few African-American state government CIOs in the country.
Relevance Inc., formerly known as Slingshot SEO, had about 100 employees in 2011. This week, it laid off eight of its nine full-time employees and shut down its flagship operation.
But heavyweights Chase Bank and PNC Bank between them still have more than a 40 percent market share, according to recently released federal data.
Prysm Inc.’s quest for software to complement its hardware ultimately led it to buy Anacore Inc., a Carmel-based custom-software developer, in May 2014. That acquisition has fueled its success since.
Internet giant Amazon announced Monday that it’s expanding its home services offerings to 20 new markets including Indianapolis, intensifying the competitive landscape for locally based Angie’s List.
The 15-year-old marketing-technology plans to use the cash to pour sales and marketing resources into a fast-selling software product it created last year.
The former executive director of the Speak Easy died in January after a battle with ovarian cancer.
President-elect Donald Trump seems poised to cut corporate taxes and regulations, local tech leaders said, but some are concerned about his rhetoric or policies that might marginalize women and minorities.
A federal judge sentenced an Indianapolis financial executive to 46 months in prison after she pleaded guilty to charges related to stealing money from her former employer.
The report from the real estate tracking firm CBRE said the tech labor pool in the metropolitan area expanded by 27.9 percent, or 5,423 jobs, between 2013 and 2015, accounting for just over one-third of new office jobs.
Brian Phillips and Jacob Leffler, who co-founded digital advertising agency The Basement in 2007, launched an iPhone app last month that allows people to borrow and lend items that spend more time in storage than in usage.
Some in Central Indiana’s emerging IoT hardware and software cluster are endeavoring to develop standards and best practices for the fledgling sector.
The job cuts that Angie’s List officials alluded to on Tuesday are already under way at its Indianapolis operations, sources inside the company told IBJ on Thursday. The layoffs could run in the hundreds, they said.
CEO Scott Durchslag said Tuesday the company wants to be proactive instead of reactive when it comes to courting suitors, a stark shift from his tone about the matter last year. Also, the company is gearing up to slash jobs in a cost-cutting effort.
The home services marketplace did not specify it planned to sell itself, but hiring investment bankers is typically the first step in doing so. In a press release, CEO Scott Durchslag said only that the goal was “to achieve the full potential of our new platform.”
Covideo sells software that enables businesses in the auto industry, real estate industry and more to manage video messages it sends customers and prospects through email.
A swelling throng of Indianapolis workers is part of the so-called “gig-economy,” which denotes the matchmaking between independent contractors and consumers over technology platforms.
Appirio sold itself to Wipro in a $500 million all-cash deal announced Thursday, but will keep its Indianapolis operations and employees.
DemandJump joins software firms ReturnPath and Emarsys, which are on the 11th floor and 13th floor, respectively, at Market Tower.