Technology

Entrepreneur not sold on flight times between Indy, San FranciscoRestricted Content

September 14, 2013
Kathleen McLaughlin
The nonstop connection to Silicon Valley that Indianapolis' tech community has been clamoring for is here, but a leading advocate for the service said it doesn’t meet his industry’s needs.
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Gmail’s new 'Promotions' tab creates hurdle for email marketersRestricted Content

September 14, 2013
Dan Human
The change led to an immediate drop in email open rates, from about 13 percent to 12.5 percent, according to MailChimp, an Atlanta-based email marketer, which analyzed 1.5 billion emails it sent around the time Gmail changed.
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New gadget revives waterlogged cellphonesRestricted Content

September 14, 2013
Anthony Schoettle
Joel Trusty realized that if he could remove all the atmospheric pressure from a chamber, he could turn liquid—even liquid inside a cell phone—into a gas at a much lower temperature than otherwise possible.
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AT&T Indiana president Fleetwood leaves company

September 13, 2013
Dan Human
George Fleetwood, the head of AT&T's Indiana operations for more than 13 years, has quietly stepped down "to pursue other interests."
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Tech group to trumpet city's digital marketing niche

September 3, 2013
Dan Human
The tech community is rallying around an initiative to brand Indianapolis as the "marketing technology capital of the world," trading on the success of such firms as ExactTarget and Angie's List.
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Omnicity lured teen to invest, state saysRestricted Content

August 31, 2013
Chris O'Malley
State securities regulators allege that principals of Omnicity Corp. goaded a 19-year-old to invest $100,000 from his inheritance into the wireless broadband firm so that it could clinch the purchase of an Ohio carrier in 2010.
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Salesforce's bet on ExactTarget starts to pay off

August 30, 2013
 IBJ Staff and Bloomberg News
The $2.5 billion purchase of ExactTarget will add $140 million to $145 million in revenue this year for Salesforce.com, the firm said Thursday. Its shares soared 13 percent in Friday morning trading.
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Local manufacturer to be acquired for $41 million

August 29, 2013
 IBJ Staff
United Kingdom-based Meggitt PLC plans to acquire Piezotech LLC, a manufacturer founded in Indianapolis in 1967, for $41.2 million, the companies announced Wednesday.
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ExactTarget parent cutting 200 jobs worldwide due to merger

August 29, 2013
Dan Human
Salesforce.com confirmed Thursday that its recent buyout of Indy-based ExactTarget creates "synergy," leading to layoffs. Effects on Indianapolis employment are to be "minimal."
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United plans direct flights between San Francisco, Indianapolis

August 28, 2013
Mason King
The daily flights, which are expected to begin on Jan. 7, will fulfill a longtime wish of local tech firms eager for more direct access to the West Coast and Silicon Valley.
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Indy IT firm planning to add up to 400 workers

August 26, 2013
 IBJ Staff
Knowledge Services, founded by CEO Julie Bielawski in 1994, has been one of the city’s fastest-growing companies in recent years.
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iGoDigital founder sues to fend off dispute over $21M sale

August 21, 2013
Dan Human
Eric Tobias' filing in federal court is intended to head off a potential challenge from a key contractor who believes he is owed more from the company's sale to ExactTarget in 2012.
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Fastenal vending machines serve up a revolutionRestricted Content

August 17, 2013
Vending machines, warehouses bristling with technology slash costs.
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PROXY CORNER: Interactive Intelligence Inc.Restricted Content

August 17, 2013
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Interactive revamps sales strategy to widen client appetite

August 9, 2013
Dan Human
The Indianapolis software developer last quarter broke its sales teams into tiers—small, medium and large deals—because too many employees were going after big contracts, with their high commissions.
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Interactive Intelligence earnings, revenue improve

August 5, 2013
Dan Human
Indianapolis software developer Interactive Intelligence Group Inc. earned $1.2 million in the second quarter as revenue increased 39 percent, to $76.2 million.
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Online markets help Indiana growers find new customers

August 4, 2013
Associated Press
Online "food hubs" have emerged as small and medium-sized farmers have worked together to find quicker and broader ways to distribute their produce.
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Goldsmith: 'Big data' to reinvent governmentRestricted Content

August 3, 2013
Kathleen McLaughlin
While some Americans question the National Security Agency’s habit of amassing citizens’ phone records, former Indianapolis Mayor Steve Goldsmith urges city governments to dive into “big data.”
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Delta Faucet builds innovation machine in CarmelRestricted Content

August 3, 2013
Dan Human
One of Indiana’s most innovative companies in the past decade doesn’t make surgical instruments or drugs or engines. It makes water faucets and toilets. Delta Faucet Co. has secured 589 patents in the past 20 years.
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Public broadcasters find cheaper, faster way to share content

July 31, 2013
Chris O'Malley
The state's eight public TV stations are building an Internet-based video streaming service that could expand their offerings and turbo-charge collaborations. Public radio stations also would benefit.
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Battery maker EnerDel lays off 65 workers

July 31, 2013
Kathleen McLaughlin
Lacking production contracts, struggling battery maker EnerDel Inc. has once again downsized its Indianapolis-area work force.
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Software firm finds beer business is a frothy marketRestricted Content

July 27, 2013
Dan Human
Carmel-based Blue Horseshoe Solutions develops software that manages supplies, warehousing, deliveries, worker productivity and other logistical complexities connected with any number of goods-producing businesses, but about 25 percent of its business falls within the beverage category.
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Emmis sees coupons as next frontier for radio appsRestricted Content

July 20, 2013
Chris O'Malley
An app that would allow smartphones to receive FM radio signals like a transistor radio has been hailed as a way to help stations recapture listeners who fled to Web-based music streaming services.
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Health tech startup aiming for fences

July 13, 2013
J.K. Wall
Flying under the radar for much of its existence, local health tech startup hc1.com Inc. now thinks it’s ready to soar. The company, spun out last year from Zionsville-based Bostech Corp., is on pace to generate annual revenue of $10 million by year's end. And it thinks business could triple next year.
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Tech showcase crowns unlikely winner in pitch contest

July 12, 2013
Dan Human
Emphymab Biotech, with a treatment for emphysema developed by a group of Indiana University medical professors, received the top prize at the Innovation Showcase on Thursday.
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  1. Apologies for the wall of text. I promise I had this nicely formatted in paragraphs in Notepad before pasting here.

  2. I believe that is incorrect Sir, the people's tax-dollars are NOT paying for the companies investment. Without the tax-break the company would be paying an ADDITIONAL $11.1 million in taxes ON TOP of their $22.5 Million investment (Building + IT), for a total of $33.6M or a 50% tax rate. Also, the article does not specify what the total taxes were BEFORE the break. Usually such a corporate tax-break is a 'discount' not a 100% wavier of tax obligations. For sake of example lets say the original taxes added up to $30M over 10 years. $12.5M, New Building $10.0M, IT infrastructure $30.0M, Total Taxes (Example Number) == $52.5M ININ's Cost - $1.8M /10 years, Tax Break (Building) - $0.75M /10 years, Tax Break (IT Infrastructure) - $8.6M /2 years, Tax Breaks (against Hiring Commitment: 430 new jobs /2 years) == 11.5M Possible tax breaks. ININ TOTAL COST: $41M Even if you assume a 100% break, change the '30.0M' to '11.5M' and you can see the Company will be paying a minimum of $22.5, out-of-pocket for their capital-investment - NOT the tax-payers. Also note, much of this money is being spent locally in Indiana and it is creating 430 jobs in your city. I admit I'm a little unclear which tax-breaks are allocated to exactly which expenses. Clearly this is all oversimplified but I think we have both made our points! :) Sorry for the long post.

  3. Clearly, there is a lack of a basic understanding of economics. It is not up to the company to decide what to pay its workers. If companies were able to decide how much to pay their workers then why wouldn't they pay everyone minimum wage? Why choose to pay $10 or $14 when they could pay $7? The answer is that companies DO NOT decide how much to pay workers. It is the market that dictates what a worker is worth and how much they should get paid. If Lowe's chooses to pay a call center worker $7 an hour it will not be able to hire anyone for the job, because all those people will work for someone else paying the market rate of $10-$14 an hour. This forces Lowes to pay its workers that much. Not because it wants to pay them that much out of the goodness of their heart, but because it has to pay them that much in order to stay competitive and attract good workers.

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  5. It is sad to see these races not have a full attendance. The Indy Car races are so much more exciting than Nascar. It seems to me the commenters here are still a little upset with Tony George from a move he made 20 years ago. It was his decision to make, not yours. He lost his position over it. But I believe the problem in all pro sports is the escalating price of admission. In todays economy, people have to pay much more for food and gas. The average fan cannot attend many events anymore. It's gotten priced out of most peoples budgets.

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