Technology

Soaring revenue at Angie's List impresses analysts

February 23, 2012
 IBJ Staff
Indianapolis-based Angie's List beat analysts’ revenue expectations in its first quarter as a public company, seeing results from a marketing campaign that drove up expenses.
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Angie's List posts smaller loss on higher revenue

February 22, 2012
The Indianapolis-based company posted a loss of $5.9 million in the fourth quarter on revenue of $27.9 million.
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Angie’s List expected to continue financial losses

February 22, 2012
Scott Olson
The Indianapolis-based company should post a loss of 11 cents per share when it reports its first earnings as a public company on Wednesday afternoon. But at least one analyst is upbeat about its long-term prospects.
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Telecommunications companies push bill to defend turf from state networkRestricted Content

February 11, 2012
The new law would prevent the I-Light data network from straying beyond its stated mission of serving the state’s colleges and universities.
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Bloomington touting tech jobsRestricted Content

February 11, 2012
 IBJ Staff
The state's technology industry doesn't march in lockstep when it comes to attracting top talent.
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Bloomington hires firm to plan technology park

February 10, 2012
Associated Press
Development officials have hired a company to plan a downtown Bloomington technology park they hope can eventually spawn a bustling high-tech business hub in the southern Indiana city.
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ChaCha apologizing for 'inflammatory' answers

February 9, 2012
 IBJ Staff
Carmel-based ChaCha Search Inc., a question-and-answer service for mobile phone and online users, is apologizing for providing what it calls "inflammatory answers to questions asked about sensitive subjects."
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Greenwood entices e-commerce company to stay

February 8, 2012
Kathleen McLaughlin
The Greenwood Redevelopment Commission on Tuesday evening approved an incentives agreement with One Click Ventures LLC, which plans to hire 109 people over the next five years.
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Stout's Shoes expects website to become its largest 'store'Restricted Content

February 4, 2012
Sam Stall
After years of failed attempts to create a viable Web presence, Stout's Shoes has finally plunged into cyberspace using the route experts say many small companies follow: giving the job to a young, tech-savvy family member with an aptitude for social media.
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Techies aim to make money from memoriesRestricted Content

February 4, 2012
Chris O'Malley
Two DePauw University graduates are launching a website they hope will preserve the world’s memories, through a virtual bank of shared experiences.
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DeveloperTown sees sale of first company it helped fund, coachRestricted Content

February 4, 2012
Chris O'Malley
Daily Lunch Deal sold last month after just a year in business, marking a milestone for its venture-firm mentor.
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Interactive Intelligence earnings slip, revenue rises

February 1, 2012
Indianapolis-based software maker Interactive Intelligence Group Inc. saw profit slip in the fourth quarter despite a rise in revenue.
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Purdue's tech transfer office ranks No. 6 nationallyRestricted Content

January 28, 2012
 IBJ Staff
Purdue tied with Johns Hopkins and ahead of Cal Tech, Carnegie Mellon University and the University of Michigan.
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Mira Awards adds category to recognize IT services firmsRestricted Content

January 28, 2012
 IBJ Staff
Nominations for the awards program, which is a program of TechPoint, are due Feb. 21.
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ExactTarget's IPO plan could draw out suitorsRestricted Content

January 28, 2012
Greg Andrews
Firms pursuing IPOs simultaneously investigate the possibility of a sale as a matter of course, in part because doing so helps investment bankers assess how they should price shares if they pull the trigger on an offering.
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Social media to play big role in Super Bowl

January 25, 2012
Scott Olson
A social media command center will monitor the digital fan conversation via Facebook, Twitter and other platforms, and respond to visitors who need assistance.
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Indiana deals ranged upward of $800 millionRestricted Content

January 21, 2012
Mergers and acquisitions in 2011 ranged from WellPoint's acquisition of CareMore to a trucking company merger.
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Indianapolis-area mergers and acquisitions in 2011Restricted Content

January 21, 2012
A number of acquisitions last year disclosed no sale price. In the Indianapolis area, those deals ranged from MacAllister Machinery's purchase of a Caterpillar dealership in Michigan to Herff Jones' acquisition of a Memphis, Tenn.-headquartered maker of cheerleading uniforms.
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Bill aims to lift upside for 21st Century fundRestricted Content

January 21, 2012
Kathleen McLaughlin
Republican State Sen. Brent Waltz has filed a bill that would require the Indiana Economic Development Corp. and businesses seeking awards from the 21st Century fund to match the state’s money with outside capital at a four-to-one ratio.
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Software executive teaching intercontinental collaborationRestricted Content

January 14, 2012
Chris O'Malley
Weary of having to teach new hires how to work on teams with people halfway around the globe, ocal software development firm CEO Chris Riester has begun teaching a college class that gives students international experience at home.
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Angie's List sues rival, accuses it of stealing data

January 13, 2012
 IBJ Staff
The Indianapolis-based ratings service alleges that principals of Click and Improve Inc. secretly joined Angie’s List then illegally harvested more than 24,000 proprietary files.
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Indiana county leaders worried over 911 funding

January 12, 2012
Associated Press
County officials across Indiana scrambling to find money to pay for 911 emergency services say they aren't confident of getting help from state legislators, who might be leery of boosting cellphone fees during an election year.
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IT upgrade for state dogged by delaysRestricted Content

January 7, 2012
Francesca Jarosz
The state missed a Dec. 15 deadline to complete a complicated technology overhaul of its unemployment insurance system—the latest in a series of delays that have added years to the project and led to more than $18 million in cost overruns.
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Battle between phone rivals spills into the courtroomRestricted Content

December 31, 2011
Greg Andrews
Brightpoint sues Miami rival Brightstar twice in one week over its hiring of two former executives of the local wireless-phone distributor.
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New venue will give startup crowd a place to socialize, share ideasRestricted Content

December 31, 2011
Francesca Jarosz
A group of angel investors, entrepreneurs and high-tech aficionados on Jan. 18 will launch the Speak Easy, a 5,750-square-foot space on the southern edge of Broad Ripple that will serve as a gathering place for those active in the startup community.
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  1. A Tilted Kilt at a water park themed hotel? Who planned that one? I guess the Dad's need something to do while the kids are on the water slides.

  2. Don't come down on the fair for offering drinks. This is a craft and certainly one that belongs in agriculture due to ingredients. And for those worrying about how much you can drink. I'm sure it's more to do with liability than anything else. They don't want people suing for being over served. If you want a buzz, do a little pre-drinking before you go.

  3. I don't drink but go into this "controlled area" so my friend can drink. They have their 3 drink limit and then I give my friend my 3 drink limit. How is the fair going to control this very likely situation????

  4. I feel the conditions of the alcohol sales are a bit heavy handed, but you need to realize this is the first year in quite some time that beer & wine will be sold at the fair. They're starting off slowly to get a gauge on how it will perform this year - I would assume if everything goes fine that they relax some of the limits in the next year or couple of years. That said, I think requiring the consumption of alcohol to only occur in the beer tent is a bit much. That is going to be an awkward situation for those with minors - "Honey, I'm getting a beer... Ok, sure go ahead... Alright see you in just a min- half an hour."

  5. This might be an effort on the part of the State Fair Board to manage the risk until they get a better feel for it. However, the blanket notion that alcohol should not be served at "family oriented" events is perhaps an oversimplification. and not too realistic. For 15 years, I was a volunteer at the Indianapolis Air Show, which was as family oriented an event as it gets. We sold beer donated by Monarch Beverage Company and served by licensed and trained employees of United Package Liquors who were unpaid volunteers. And where did that money go? To central Indiana children's charities, including Riley Hospital for Children! It's all about managing the risk.

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