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Banking industry slowly embracing biometric security: Local tech firm rolls out keystroke authentication systems to financial institutions

The banking industry is turning to the next generation of online security to thwart cyberthieves, and an Indianapolis information technology consulting firm is trying to stay at the forefront of the movement. Locally based Catalyst Technology Group has received a contract from BioPassword Inc., a security-software company based in Issaquah, Wash., to install keystroke authentication systems at financial institutions throughout the United States. Keystroke authentication is among the latest offerings from the field of biometrics-the measurement and analysis of unique…

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Back from key conference, leaders focus on follow-up: Life science delegation faced big task: standing out among 20,000 attendees

The Indiana Economic Development Corp. spent the last six months preparing for the May 6-9 Biotechnology Industry Organization convention, the life sciences industry’s biggest annual event. Now that it’s finished, the hard part begins. “You build the relationship and you get the contacts,” said Indiana Secretary of Commerce Nathan Feltman. “But then you’ve got to aggressively follow up to get them here in Indiana.” More than 20,000 of the life sciences sector’s movers and shakers converged in Boston for the…

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Transit junkie boards IndyGo: New VP of operations hails from Columbus, Ohio’s bigger bus line

Milwaukee native Trevor Ocock figures his interest in transit dates to age 3. At least that’s what his mother tells him. But the transit bug overtook him at Franklin University in Columbus, Ohio, as he was earning a degree in business administration and human resources management. Soon, he was washing buses for Ohio State University’s transit line. Later, he drove an OSU bus-met lots of ladies that way-and eventually became its operations manager. “I have always liked to be around…

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INVESTING: Google’s been outbidding Microsoft; is it overpaying?

Google hasn’t been around for even 10 years, yet it has the world’s wealthiest man and his company playing defense practically on their home court. In many cases, great defenses wins titles (our own Colts defense proved invaluable during this past season’s Super Bowl run) but the jury is out on whether Microsoft can successfully keep Google in check during this battle of technology heavyweights. The real action began in late 2005 when Google paid $1 billion for a 5-percent…

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Parker suits up for change at Kiwanis International: New CEO reaching out to younger generation, trying to reverse years of membership declines

To some of the leisure-suited old guard at Kiwanis International, it must have seemed as if a biker gang member had rolled into the executive suite and popped a wheelie. One of the first things new CEO Rob Parker did was to trash an old lounge where managers reclined for a meeting every month or so. Out went the chairs-managers would now stand around the table during a “daily huddle.” And if they didn’t want varicose veins, they’d better keep…

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RETURN ON TECHNOLOGY: IT departments are often overworked and underfunded

Why do trucking companies overload their trucks, when they know they’ll damage the very highways they need for their livelihoods? Why do people keep defiantly watering their lawns in d r o u g h t – s t r i c ke n areas? Why do we buy cheap goods from discount retailers when we know they were made in sweatshops? And why do employees download streaming audio and video, when they’re repeatedly warned that these things turn high-speed…

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Interactive poised to make incentives pay: Communications software-maker to add 637 jobs

Interactive Intelligence Inc. has come full circle. On May 2, Marion County’s Metropolitan Development Commission was slated to review a 10-year property tax abatement for the communications software maker. If the incentive is approved, Interactive Intelligence plans to use it to hire 637 people at an average of $32.50 per hour. According to its filings with the city, the company also will build a $15 million, 154,000-square-foot building next door to its current headquarters near Interstate 465 and West 71st…

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Informatics job ‘special’ to dean: New leader of prominent IU school says no other offer could have lured him away from Colorado

Even before Bobby Schnabel became a candidate to take charge at the Indiana University School of Informatics, he knew enough about the program to know he wanted to lead it. By ending his 30-year affiliation with the University of Colorado at Boulder, Schnabel, 56, officially exchanges the black and gold of the Buffaloes for the cream and crimson of the Hoosiers on July 1. But of even greater significance is the fact that IU sought Schnabel to succeed J. Michael…

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Design changes afoot for state Web pages: Online renovation includes search-engine upgrade that features Scott Jones’ ChaCha instead of Google

A redesigned state Web portal unveiled last month should make it easier for Hoosiers to plow through mounds of government minutia. But, more important, the revamping set to be finished in mid-2008 represents a major shift in state policy. By contracting with locally based ChaCha Search Inc.- tech entrepreneur Scott Jones’ new humanassisted Internet search engine-the state no longer relies solely on big, name-brand computer technology such as Microsoft. “We have somebody who is local and excited about taking the…

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PROFILE: Wireless Webforms Inc.: From paper to pocket PC Wireless product streamlines mobile data collection

Wireless Webforms Inc. From paper to pocket PC Wireless product streamlines mobile data collection When the Indiana Bureau of Child Care was looking for an electronic solution to collecting data for licensing child care facilities, it turned to Wireless Webforms. A spin-off of Indianapolis-based computer technology firm Consultants Consortium Inc., the company uses technology to automate field-based data collection. The paperless system allows mobile workers to collect data and transmit it back to their offices, thereby eliminating the need to…

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INVESTING: Semiconductor strength bodes well for overall market

The rally off the March low was powerful, and a few things happened that might reveal a change in the nature of this bull market. If there is an evolution and we’ve identified it, a rotation is called for that will keep us in the sweet spot of this market run. If we’re wrong, we have to be quick to readjust. By the third week of April, the Dow Jones broke out to an all-time high, taking with it the…

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Vision 3 moves into new home, plans expansion: Ad agency grows by mixing technology with creativity

Since its founding three years ago, advertising agency Vision 3 has grown from two to 15 employees, and earlier this spring moved from a tiny office into an 8,000-square-foot building the company bought at 330 N. College Ave. V3 founders Jeff Hopler and Eric Davis remodeled the building’s interior themselves, mixing the downtown structure’s historical feel with modern touches reflective of the company’s technological expertise. Local peers see the move as a gamble, but the agency’s founders have become adept…

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Growing medical technology bags major VC investment: Bloomington-based ProCure hopes to build national network of proton-therapy clinics after luring $35 million

If you’re as smart as a fifth grader, you know that a proton is a basic particle in an atom’s nucleus that has a positive electrical charge. What might be less well known is that proton therapy is becoming the preferred treatment for certain types of tumors. But here’s the real stumper: The man leading a mission to build and operate a nationwide network of proton-therapy clinics is a Bloomington researcher whose startup received a $35 million cash infusion in…

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RETURN ON TECHNOLOGY: Browse Firefox to open some windows on the world

Do you even know that there’s a browser in common use besides Microsoft’s Internet Explorer? If not, don’t feel bad. IE has some 80 percent of the browser market, if “market” can be defined as “where you give everything away to get mind share.” Frustrated with Microsoft and IE, the techies of the world have written their own browser through a mighty effort coordinated by Mozilla, a California-based not-forprofit (www.mozilla.com). It’s called “Firefox.” Currently, it has roughly 15 percent of…

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Embarking on a new Venture: New leader planning progressive changes at center, not a total revamping

The new leader of the Indiana Venture Center is beginning to put his stamp on the not-for-profit that mentors promising startups. James Eifert, 64, is the former president of Terre Haute-based Rose-Hulman Ventures who took charge of the center in December following the July resignation of Steve Beck. Beck left to become co-managing director of IVC Equity Partners, a new local seed-capital fund. Chief items on Eifert’s to-do list are broadening the donor base, revamping the Venture Center’s proprietary network…

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Wikipedia for art?: IMA leads $1M project to bring museums to the masses

The Indianapolis Museum of Art took over administration this month of a national effort to develop an online database that could make art more accessible to the masses. The two-year project, which got rolling last fall with $1 million in funding, revolves around a Web site that allows aficionados to look at images of artwork held by 10 museums and input descriptions in their own words. Museums then could use the free software for search engines where everyday people can…

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SURF THIS: Web connects companies, customers

In my opinion, the greatest power of the Internet is the ability to connect. There has never been another tool so remarkably suited to communication. Companies, through the use of instant messaging, are encouraging online conversations for a of issues, from customer service to sales. Email has become the standard of communication, facilitating nearly instant response and an electronic paper trail not easily duplicated with phone calls. Wikis, collaborative Web site development tools, are offering easy and effective collaboration at…

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Farmland values soaring, but still lag other sectors: Cornfields far more valuable when sold for other uses

Escalating demand for corn driven by the ethanol boom is propelling farmland prices higher, but not nearly enough to deter commercial developers from nabbing prime pieces of property. An average acre of Indiana farmland rose last year in value almost 16 percent, representing the largest annual jump in at least two decades, according to the U.S. Department of Agriculture. Prices this year are projected to increase by an even larger percentage. Land values are escalating because corn is expected to…

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‘Survey says…’ Not much. Don’t depend upon them: RETURN ON TECHNOLOGY

I’ve noticed a trend in restaurants lately. Most of them seem to have dropped those customer comment cards they used to keep clamped at each table. I can see why. In my whole life, I’ve probably filled out fewer than half a dozen of those things, and always when I was particularly irked about the service. I’ve never turned them in, consoling myself with filling them out to blow off steam and then heaving a sigh as I tore them…

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Relax, you better get used to it-it’s only globalization: VOICES FROM THE INDUSTRY

Globalization, like all sweeping economic trends, provokes a widespread disquiet. Specifically, we fear that somehow, if it continues unchecked, people in the United States will lose their high-paying jobs and we will devolve into a lowwage service economy. As China gains, we lose. To borrow a phrase from Thomas Friedman, they’re frightened that the flattening of the world economy will flatten us. It is true that traditional manufacturing jobs are fewer now than before. And, lots of things are made…

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