Articles

Walker Information receives award:

Maybe Walker Information should send Al Gore a thank you note. The local company walked away from the Cisco Growing with Technology Awards in San Jose with a runner-up plaque. The company helps clients improve customer loyalty. That used to mean picking up the phone and asking people what a company could do to improve. Today it means hitting the send button on an email. In 2000, Walker created proprietary technology known as The Walker Smart-Loyalty System. The program allows…

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RETURN ON TECHNOLOGY: Trends can be more illuminating than fresh data

Sanford Kahn, a business trends analyst, (www.businessspeaker.biz/ ) once wrote that it is a myth that information is power, and I agree with him. If it were true, the public library would rule the world. Google would run a galactic empire. Instead, in the halls of the real power structure in the world’s most powerful nation, our government suffered one of history’s biggest forehead-slappers after its intelligence organization confused rhetoric with reality over weapons of mass destruction. In this case,…

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VIEWPOINT: Sorting out Social Security stats

There is an unfortunate misunderstanding going around about the Social Security trust fund. These are facts: First, the U.S. bonds that constitute its assets pay the same rate of interest as regular U.S. bonds. Second, the bonds held by Social Securi ty are not marketable, which means they can be cashed any time at par or face value. Other U.S. bonds are subject to the market if cashed before maturity. Third, the surplus is not there by accident; it was…

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Emerging Tech, Johnson centers team up: Partnership links incubator’s startups with entrepreneurship students

Now as executive director of Indiana University’s Johnson Center for Entrepreneurship & Innovation, he has high hopes for his latest effort to introduce students to the real world of business. The Johnson Center, based in Bloomington, opened an office earlier this month at the Indiana University Emerging Technologies Center in downtown Indianapolis. The space gives MBA students the opportunity to provide consulting services to the 22 startups at the incubator. Unlike BSU seniors in the “spine-sweating” course who present an…

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Public broadcasters seek big bucks to feed Big Bird: WFYI capital campaign has ambitious $15.3M goal

Public broadcasters usually aren’t shy about asking for money. Indeed, their telethon-style fund-raising drives likely are as recognizable to audiences as Big Bird and Garrison Keillor. But when it comes to big money, they haven’t had much practice. Until now. For more than a year, Indianapolis broadcaster WFYI quietly has been lining up support for its largest-ever capital campaign-a $15.3 million effort to upgrade equipment, expand its Meridian Street building, and more than double the not-for-profit’s endowment. Station leaders were…

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INVESTING: Don’t be so diversified that you miss the next big thing

Your portfolio is getting thumped lately, but at least you’re taking solace in the fact you bought a few energy stocks over the summer. You feel you have followed the prudent course of advisers everywhere and diversified enough to stay out of trouble. Think again! This is not garden-variety correction, and what we are seeing is just a warm-up for what’s to come. Conventional wisdom from advisers is that you can’t time the market, so don’t try. Instead, spread your…

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Ahnafield helps disabled achieve self-dependence: 34-year-old firm makes high-tech mobility products

Driving a road sweeper when he was 18 years old, Ryan Kruse never saw the train that slammed into his vehicle and turned him into a quadriplegic. College and other plans for the future seemed out of reach for Kruse, who was paralyzed from his chest down that day 13 years ago. But recently, Kruse, who is working on a second bachelor’s degree at IUPUI, traveled to Georgia to celebrate his grandmother’s 80th birthday. He drove. With only limited use…

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Hot mod madness: Customizer Kenny Brown enjoys performance-car revival

In a dark corner of the Kenny Brown Performance garage is the 2005 Mustang Ford Motor Co. should have built. Supercharger. Disc brakes as big as the tires of some cars. All hung on a chassis that’s Prince Charles stiff. And shrouding its meaty tires are a protruding rear fender and a filled-in quarter window raked all the way back to the taillights, akin to the 1967 Mustang fastback. “It’s kind of like the marriage of heritage and technology,” said…

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Kipps Brothers still evolving after 125 years

Walk through the Kipp Brothers showroom and you’ll find the makings of one heck of a birthday celebration: gag gifts galore, endless sugary treats and headgear that puts the traditional party hat to shame.

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VIEWPOINT: Ruling holds promise for life sciences

It wasn’t frontpage news when the U.S. Supreme Court handed down its decision on Merck KGaA v. Integra Lifesciences earlier this summer. But among Indiana’s burgeoning life sciences sector, it should have been-n – largely because of the doors it opens (or appears to) for research-based discoveries. On June 13, the country’s highest court ruled that a “safe harbor” provision in U.S. law gives life sciences companies more freedom to use patented compounds in pre-clinical research, as long as the…

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RETURN ON TECHNOLOGY: What are your workers hiding from you?

Many years ago, when I worked for a machine-tool dealership, I learned a lesson about technology and employees. As I was watching an employee run a part, I noticed he was doing something I knew hadn’t been in the engineering setup requirements. When I asked about it, he replied that he knew his decision hadn’t been sanctioned by the “idiots with slide rules,” but if he had done it the approved way, it wouldn’t work. Further, if he had notified…

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Bruce R. Frank & Associates LLC: Business, basketball give adviser a leg up International perspective useful for Indianapolis consulting firm

At 6 feet 8 inches, consultant Bruce R. Frank is an imposing figure. But it’s the 30 years of business experience the former professional basketball player has accumulated that he says helps him tower over his competition. Frank, 51, is the founder of Bruce R. Frank & Associates, an Indianapolis-based consulting group that helps life-sciences companies develop business strategies. So far, he has found most of his clients outside Indianapolis: Frank spent seven months on the road last year. The…

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Celadon Group’s foray into e-commerce rolls on: Demand by truckers for discount fuel helps propel TruckersB2B despite flattened tire business

TruckersB2B Inc. ought to have been among the road kill of the technology bust of 2000, when the restless ghost of Adam Smith dope-slapped investors out of their hypnotic drool over anything high-tech. But unlike scores of dubious e-commerce ventures, the 5-year-old Web site offering small to midsize trucking fleets group discounts on everything from fuel to tires turned out to be built on a sustainable business model. The Indianapolisbased business now claims more than 19,000 participants representing 445,000 trucks….

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Art school to compete with Herron, U of I: For-profit Art Insitutue has designs on new programs

The city’s newest art school has existing programs here sharpening their colored pencils and preparing for a showdown at the easel to attract new students. The Art Institute of Indianapolis earlier this month launched a marketing campaign seeking students for its first classes, which start Jan. 9. The for-profit school at the Pyramids is owned by a Pittsburgh firm. It plans to offer a two-year degree in graphic design and four-year degrees in graphic design, interior design and interactive media…

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In a race for robotics: Crash doesn’t quell Jones’ hope of building new industry

One day in the not-so-distant future, robot drones will drive the military’s supply vehicles through dangerous war zones. They’ll pilot tractors across farm fields and steer plows as they scrape snowy highways. Automatic cars will even whisk you to and from work. High-tech entrepreneur Scott Jones, 44, believes with a zealot’s fervor this all will happen. More than a gee-whiz observer, the man who helped invent voice mail hopes to establish a robotic vehicle business-and ultimately the robotic vehicle industry-in…

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Premiums continue to climb: Rate increases may dip, but not by very much

After four years of double-digit rate hikes, average health care insurance premiums rose less than 10 percent in 2005. And they’re expected to rise less than 10 percent again in 2006, according to several national surveys. But excuse employers if they don’t get excited about the trend. They are still faced with having to pay much higher prices or trimming benefits-or both. Health care insurance premiums this year increased 9.2 percent, a 2-percent drop in the average increase from the…

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Pathway to growth: Production firm’s storytelling attracts national attention

Despite a wall lined with Emmy Awards and a client list including ESPN and VH1, Pathway Productions founder Michael Husain is as eager to talk about corporate work and Web site development as his firm’s latest Peyton Manning documentary or his work showcased in this year’s Heartland Film Festival. “The new media side of our business, and that includes Web site development, grew 100 percent in each of the last two years,” Husain said. “So you can see why we’re…

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Backing home again: CID changes out-of-state course, invests $50M in Indiana

Indiana’s flagship venture capital firm has changed direction. Often criticized for not investing frequently enough within state lines, CID Equity Partners over the last five years has quietly put nearly $50 million to work in 10 Indiana companies. In the decade before, CID invested in just a half-dozen local deals. And after struggling to weather the 2001 recession, CID’s managers believe the wind is finally at their back. Three years ago, massive losses threatened to sink the firm. Since then,…

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Web service hungry for business: 46 local restaurants sign up for online takeout ordering

When pharmaceutical rep Andy Knopfmeier needed lunch for a 29-person obstetrics office he was calling on recently, he made it happen without picking up a phone or idling in a drivethrough lane. Instead, Knopfmeier-who provides lunch to doctors as a way to get in the door-went online two days before the meeting and ordered sandwiches, chicken nuggets and waffle fries from a Noblesville Chick-Fil-A. He prepaid the bill with a credit card and entered instructions on when he’d pick up…

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Born again: Old churches gain new life as commercial space

God may be eternal, but His houses aren’t. Congregations expand, move or fade away. When they leave a house of worship behind, sometimes they find a different congregation to take over the brick-andmortar expression of their faith. Sometimes they don’t. In the latter case, finding a new life for churches and temples-often solidly built and packed with unique architectural details-can be something like working a miracle. But a handful of developers have managed to give new life to old churches,…

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