Indianapolis Business Journal - May 29 - June 4, 2017


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In This Issue

Top Stories

The quest to make Indiana an IoT hub

Business leaders and public officials say Indiana can turn its manufacturing base into an even bigger advantage by harnessing the power of the internet of things.

Indy looks to data to find ‘smart’ answers to big problems

The city is using data to try to predict crime before it happens and solve problems with food deserts and prevent water main breaks.

Brown calls genomics startup ‘riskiest thing I’ve ever done’

LifeOmic is seeking to help doctors provide more precise treatments for patients by sequencing their DNA.

Engineers use shipping containers for new spin on ancient practice of hydroponics

Greenfield-based Rubicon Agriculture turns discarded shipping containers into self-contained, fully enclosed hydroponics units that cost less than $100,000.

Mark Cuban-funded 3-D instant replay puts IU on cutting edge

The entrepreneur's $5 million gift allowed the university become the first school in the nation to use so-call freeD video technology to produce 3-D replays inside its basketball arena.

State using big data to attack opioid epidemic

Indiana’s Management Performance Hub is organizing and analyzing data to help state agencies make better decisions about fighting the opioid scourge and other systemic problems.

Musk group brings learning gardens, eateries to Indy

The younger brother of high-tech entrepreneur Elon Musk is bringing two restaurants to the city and funding the installation and operation of modular garden plots at as many 100 local schools.

Danville firm grows as other states embrace controversial chemical cremation method

Bio-Response Solution’s flagship product liquefies human corpses, turning muscle, flesh and fat into a coffee-colored effluent that can be swirled down the drain.

Butler prof gets out of classroom, puts theories to test on food issues

Stephanie Fernhaber is using a trendy creative strategy called “design thinking” to crack a problem that could be made worse as Marsh Supermarkets continues to shed locations.

Seven lessons from IPS innovation schools

Indianapolis Public Schools sought to disrupt the K-12 education world two years ago by launching "innovation schools," an entirely autonomous group of schools within the district's boundaries. With eight schools up and running, what lessons are emerging?

Professionals say you can learn creativity—and bosses can inspire it

An architect, a museum designer, a professor and others offer their advice. The keys, they say, are creating the right environment and keeping an open mind.

Innovative ideas from across the country we could copy

A struggling mall turned into a co-working space? An auction that connects startups with C-level execs? Inmates-turned-entrepreneurs? Check out programs and projects in other cities that have garnered national attention and could prompt discussions locally.

Indy boasts innovations others could copy

It’s tough to look at your own community and figure out what it’s doing that no one else is. But IBJ gave it a shot. Here are four things other cities could copy from us.

A&E, etc.

LOU'S VIEWS: Art for art’s sake–while helping the community, too

What would happen if, say, a playwright, a video artist, a sculptor and a musician got together for a few weeks to try to create something without concern about who would see the final product … or even if there were a final product?

LOPRESTI: Not your father’s training room

Want to see innovations? Turn your ankle as a college athlete. Or, for that matter, get with the program of trying to prevent turning your ankle.

DINING: Working in a chef’s playground

Rather than building a test kitchen that would never in itself generate income, Cunningham Restaurant Group decided to build Vida, a real restaurant where chefs experiment.


GARG: The so-called internet of things is not actually about ‘things’

The internet of things isn’t about making your toaster self-aware, it’s about making you more aware.

FIDDIAN-GREEN & KLOTH: Training more addiction specialists will have life-saving consequences

Indiana ranks 44th nationwide in the capacity to meet the medication-assisted treatment needs of our population.

ALNEY: Social intelligence deserves seat at business-development table

When organizations tap into the social web to gain information about their audience, and leverage social channels to engage with prospects, it becomes easier to present a trustworthy, knowledge-based solution.

TOBIAS: Innovation looks a lot more like science than it does art

I like to think of new ideas as a network—a collection of observations, experiences, insights, relationships and creative thinking that systematically come together to form something new.

COOPER: Innovate by investing in women leaders and founders

A great place to start is by asking a simple question at your next leadership team meeting: What are we doing to identify, train, mentor and sponsor a diverse group of women for future leadership positions at our company?

OESTERLE: Indiana must recruit—yes, recruit—talented natives to come home

Indiana should differentiate itself by becoming the most aggressive talent recruitment-and-retention state in America. Think Alabama football, but on a bigger scale.

JARAMILLO: Today's leaders must better grasp human nature

Humans are inherently wired to strive, to master a craft we love and are good at, to seek improvement and progress, and to meaningfully contribute to something we deem worthwhile.

PELLEGRINO: Flawed system leaves innovators without fair patent protection

Patent owners have seen massive erosion of their rights coupled with a rise in basic enforcement costs and risks.

Five ways IoT, innovation will change the way we stay secure

IBJ asked Allegion futurist Rob Martens to tell us how security technology will change our lives moving forward. His answers are as much about information and data as they are about physical barriers.

In Brief

Kroger to replace Marsh as title sponsor for Symphony on the Prairie

The Indianapolis Symphony Orchestra has quickly found a new title sponsor for its Symphony on the Prairie summer concert series after Marsh Supermarkets ended its 35-year run.

Tech firm Infosys to establish $8.7M hub in OneAmerica Tower

As part of its previously announced plan to hire 2,000 workers in central Indiana by the end of 2021, Infosys said Tuesday that it is leasing 35,000 square feet of office space in downtown Indianapolis and expects to hire 500 workers by the end of next year.

Bosma Enterprises files lawsuit over VA contracting changes

Indianapolis-based Bosma Enterprises and other groups on Wednesday sued the Department of Veterans Affairs, alleging the agency ignored a long-standing law when it changed contracting rules that give jobs to the visually impaired. Bosma said it stands to lose $36 million in annual revenue.

Lilly Endowment assets ebb in 2016 as it grants $452.8M

After several years in which the value of its assets swelled, philanthropic giant Lilly Endowment Inc. watched its coffers shrink 12.7 percent in 2016 from about $11.8 billion to $10.3 billion.

Pat McAfee's Barstool Heartland media firm taking downtown loft space

The 10,000-square-foot space on North Meridian will feature a multimedia television and radio studio, basketball court, golf simulator, entertainment area and private editing rooms.

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