Articles

Alley’s new aim: Consolidate electronics industry: Ex-banker shooting for $170M in revenue by 2012

Since purchasing Escient Solutions in early 2003 and changing its name to Electronic Evolutions Inc., Mike Alley has increased revenue 35 percent, to $6.5 million. That’ll be small potatoes if Alley’s dreams for the company pan out. Alley, former Fifth Third Bank of Central Indiana president and CEO, wants to be a consolidator in the fragmented electronics and automation design and installation industry. Toward that end, he partnered in late June with electronics industry veteran Daniel Knotts and formed E2…

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Young entrepreneurs cash in on ring tones: West Coast VCs have big plans for local Web startup

As students at Warren Central High School just a few years ago, Michael Slate and David Hosei used to dream about becoming entrepreneurs. They started like many of them: cutting grass and selling candy door-to-door. Today, they rub elbows with West Coast venture capitalists. In April, the pair announced that Silicon Valley-based VantagePoint Venture Partners had invested in their Internet startup 3GUpload, a Web portal for the exchange of cell phone ring tones. Founded in a Purdue University dorm room…

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Animated startup foresees big growth in life sciences: Company produces 3-D graphics with young talent

Harlon Wilson and Kurtis Rush originally intended their Indianapolis-based upstart business to provide 3-D animation for use in court cases. But if they had stuck to that business plan, Medical Animatics Inc. could not have produced the video to the hilarious “Urine Stream,” a song parody of Abba’s “Dancing Queen.” Here’s a sample of the chorus: So when you get the chance, undo your pants … And make a urine stream, gold and clean, oh it’s such a dream. Urine…

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RETURN ON TECHNOLOGY: We need more Googles to take on government

As I write this, two of the biggest titans on the planet have just fought each other to a standstill. In one corner is the U.S. Department of Justice (DOJ). In the other corner, the search engine company Google. In 2005, the DOJ wanted to revive the Child Online Protection Act (COPA), which had already been swatted down by the Supreme Court as unconstitutional. The law didn’t address child pornography, as has often been assumed in the case, but only…

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Westview soldiers on amid health care explosion: Hospital fares well against larger, newer competition

A touch-screen directory, a grove of potted trees and a muffin-bearing kiosk greet visitors entering the six-story atrium at the new Clarian North Medical Center in Carmel. A much milder scene awaits people walking into Westview Hospital a few miles away, on the west side of Indianapolis. There, a lonely player piano spills soft tunes into a one-story lobby filled with clusters of chairs and pamphlets on volunteering. “Quiet! Healing in Progress” reads a nearby sign. Indiana’s lone osteopathic hospital…

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BRIAN WILLIAMS Commentary:

On June 1, Gov. Mitch Daniels and officials from the Indiana Public Employees Retirement Fund announced the Indiana Investment Fund, a $100 million investment vehicle. The fund will invest in early-stage startups and loans to mature firms. It will invest in Indiana-What’s wrong with local investment pros? based agriculture, manufacturing, information technology, transportation and life sciences companies. Credit Suisse was selected to manage this new fund. As a global investment bank, Credit Suisse certainly has skilled bankers who can evaluate…

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New technology could put chill on hotspots: Emerging wireless access cards let users tap into the Internet anywhere they can receive cellular signals

The “hot spots” that drive wirelessfidelity access-better known as WiFi-might be in for a cool-down. WiFi enables Internet users to log on without a wire connection, as long as they are in a hot-spot area. The sites have become so common that the number worldwide surpassed the 100,000 mark earlier this year, according to JiWire, a Web-based hotspot information provider. Thousands of businesses, universities and municipalities have invested in the technology. But wireless phone companies are challenging the technology with…

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Colts waiting list grows fast: Despite hot ticket sales, team makes big marketing push to ensure new stadium will be sold out

The Indianapolis Colts in early July will unleash its most aggressive marketing campaign ever-even though demand for tickets, club seats and corporate suites at its RCA Dome home exceeds supply. The push is all about the future. Billboards around the state will proclaim that those who want to see games in Lucas Oil Stadium when it opens in 2008 “better not wait until the dust settles,” said Tom Zupancic, Colts senior vice president of sales and marketing. Some radio, television…

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Work still elusive for people with disabilities: Employment rates remain stagnant even though a wealth of programs are finding success placing workers

The lesson Amy Kurzekwa taught the folks at the downtown Gregory & Appel Insurance agency reaches far beyond what they learned about premiums and deductibles. Since 1992, she has taken the bus to her job there as a clerical assistant, performing such tasks as sorting and delivering the office mail and filling the copy machines. While most anyone can do that, Kurzekwa, 37, is irreplaceable to her co-workers. Her role in opening their eyes to the fact that people with…

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Carmel firm grows up in emerging market: BlueBean acquisition makes it one-stop RFID shop

A small Indiana firm is looking to become a big player in the emerging radio-frequency-identification market. Carmel-based BlueBean LLC is one of a small but growing number of firms nationally that provide consulting services to companies trying to set up systems using radio frequency identification-commonly called RFID-tags and readers. BlueBean in April acquired Mishawakabased www.rfidsupplychain.com, which sells RFID hardware and software online. The acquisition also provided BlueBean rights to a bevy of other domain names, including www.rfidhealthcare.com, www.rfidpharma.comand www.rfidfood.com. The…

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Artist out to protect her images: Noel sues Texas distributor for copyright infringement

Zionsville artist Nancy Noel’s original work can be seen in the homes of Mikhail Gorbachev, Robert Redford, Denzel Washington and Oprah Winfrey. Noel prides herself on its originality and authenticity. And she said she’ll “go after anyone” who threatens that. This spring, Noel filed a federal lawsuit against Texas-based art distributor Martha Ewell, alleging she made unauthorized copies of Noel’s images-including her popular Amish and angel collections-and sold them on the Internet. She is asking to be paid $30,000 for…

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Pact with automakers puts firm in fast lane: Battery pioneer signs deal with big three alliance, hopes to push technology for hybrid cars to market

A deal with the big-three U.S. automakers has positioned an Indianapolis manufacturer to be one of the leading battery providers for domestically made hybrid vehicles. EnerDel Inc., which employs 35 at its 8740 Hague Road headquarters, recently signed a deal to provide technology for hybrid-vehicle batteries to a consortium formed by DaimlerChrysler Corp., Ford Motor Corp. and General Motors Corp. EnerDel is a joint venture between two publicly traded firms, F l o r i d a – b a…

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Employee privacy a sensitive legal issue:

For all businesses, especially small companies, the best way to approach potential legal issues is proactively: spending time crafting policies and procedures today can save significant headaches-and attorney fees-down the road. This is especially true for the thorny issue of privacy in the workplace. While the right to privacy isn’t enumerated specifically in the Constitution, it remains a closely guarded prerogative for most Americans. Harris polls consistently show that more than 85 percent of respondents are concerned about the erosion…

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RETURN ON TECHNOLOGY: Have businesses given in to security anxiety?

According to the mainstream media, no sooner is your precious data placed on a hard drive than it’s promptly vacuumed off through a hacker’s hole and inserted into some miscreant’s illicit schemes for world domination. I admit I’ve advocated for computer security for years, but that was because most companies’ idea of security is to hide the backup CDs in the coffee creamer box. I never meant to contribute to the panic that seems to have gripped the American population…

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Radio tests HD waters: Indianapolis on leading edge of ‘revolutionary’ technology

And more are coming. Indianapolis is leading the charge toward high-definition radio, thanks to the strong presence of national players such as Emmis Communications Corp. and Clear Channel Communications, which operate a total of seven stations here. But the technological revolution reaches far beyond our airwaves. Industry experts call HD the most radical change in the radio landscape in 50 years, despite the fact that few listeners have the special radio receiver necessary to tune in the new channels. “We’re…

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VIEWPOINT: Parlez-vous work-force realignment?

When French young people took to the streets in March to protest a new hiring law that made firing youth workers easier, many companies in the United States watched the drama with indifference, failing to see the connection between the French problem and the U.S. employment dynamic. Here in the United States, our youth are eager to contribute to society and establish their place in the work force, right? The problem is, many Indiana companies haven’t learned how to take…

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Vontoo finding its voice: Phone message marketer modeled on ExactTarget blends local, Indian talent

During his January trip to Bangalore, India, angel investor Robert Compton dreamed up dozens of ideas for high-tech business. To keep costs low, he planned to base each in Indiana, but outsource some work to the fastdeveloping nation’s famously inexpensive software talent. Now, only five months later, Compton is concentrating on just one: a startup IT company called Vontoo Inc. Based in Indianapolis, Vontoo will allow marketers to send audio messages to thousands of phones in a particular demographic, then…

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ECONOMIC ANALYSIS: Motor-vehicle jobs: a path to the future?

Would landing a new Honda plant be a plus for the Indiana economy? You bet it would. In fact, it’s hard to think of any similar-size investment that holds the same immediate potential for supporting additional jobs beyond those inside the plant walls. The project scores well on just about every objective measure you can come up with to assess its attractiveness. It draws on skills and occupations Indiana already has. Its activities hold great promise for new business for…

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Regional partnerships called key to making it: Purdue urges state manufacturers to join supply chain

Growing global competition is bringing local manufacturers together. And the definition of local is changing from around the corner to within 500 miles. Officials from Purdue University have conducted a series of manufacturing summits encouraging Indiana plants to tear down their separatist walls and become an integrated part of regional supply chains. “Supplier-based manufacturing is based on long-term relationships in a 500-mile radius, so we need to think about Indiana manufacturing regionally,” said John Sullivan, director of Purdue’s Center for…

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eImagine Technology Group: Technology firm aims to deliver service with its software Owner: Hiring good employees key to small company’s success

Communication-and simplicity-can be a challenge when it comes to tech talk. “It’s like the old adage, if you ask a tech guy what time it is, he’ll tell you how to build a watch,” said Joel Russell, president of Indianapolis-based software developer eImagine Technology Group. But Russell works around potential “lingo” problems when he’s meeting with customers. No matter the industry, he looks for ways to automate inefficient processes using computer software. His goal is to save his clients time…

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