Articles

INDIANAPOLIS BUSINESS JOURNAL:

INDIANAPOLIS B sJOuRNAL E S TA B L I S H E D 1 9 8 0 L O C A L LY OW N E D 41 E. WASHINGTON STREET, SUITE 200 INDIANAPOLIS, IN 46204-3592 317-634-6200 Fax: 317-263-5060 Editorial Fax: 317-263-5406 E-mail address: info-ibj@ibj.comWeb site address: www.ibj.comChris Katterjohn VICE PRESIDENT/ SALES & OPERATIONS Greg Morris EDITORIAL Editor – Tom Harton Managing Editor – Greg Andrews Associate Editors – Andrea Muirragui Davis Tawn Parent Focus Editor – Jeff Newman Online…

Read More

Powerway lays off 14 after losing software deal with Chrysler

Locally based Powerway Inc. is scrambling to shrink its work force and remake its business plan after the firm’s most lucrative
customer–the ailing automaker Chrysler LLC–said it will no longer use Powerway software or mandate its use among the company’s
hundreds of suppliers. Powerway laid off 14 employees and slashed salaries for many who remain after it learned of Chrysler’s
plans on June 6.

Read More

VOICES FROM THE INDUSTRY: Logistics still driving central Indiana industrial market

For the past 10-plus years, central Indiana has benefitted from growth in the distribution/logistics industry with hundreds of new jobs and millions of square feet of new facilities. We’ve seen massive facilities go up one right after another, often topping the square footage of our tallest downtown skyscrapers. In the past eight years alone, the square footage of central Indiana distribution centers has more than doubled from 20 million square feet to 51 million square feet. And we’re not just…

Read More

Flagship rises over post-GM town: Incubator has helped preserve automotive talent base, foster diverse businesses

ANDERSON – Along Interstate 69, in a new industrial building with side-windows covered in paper to foil prying eyes, Altair Nanotechnologies is perfecting a ceramic oxide battery with three times the power of a conventional lithium battery. Up the road, Comfort Motion Technologies has written software to make a car’s power seat jiggle ever so subtly, to keep one’s back, butt and thighs comfortable on long drives. And everybody is keeping an eye on Pete Bitar, whose green laser device…

Read More

ECONOMIC ANALYSIS: Why it’s tough to get our arms around global warming

Congress is set to begin a debate on regulation designed to halt global warming. The question is whether and how we might limit greenhouse gases. Costs and benefits will be the central issue. So, despite what many would wish, this is primarily an economic debate. Below are the issues in a nutshell. There is strong scientific evidence that the Earth’s temperature is warming. Even so, there are a significant number of serious climate scientists who doubt this. And there is…

Read More

Allegiant finding treasure in clients’ trash: Local firm helps manufacturers set up cost-saving recycling plans

In 2000, gasoline cost 99 cents a gallon, you could barely give recyclable plastic away and the idea of manufacturers “going green” was a pioneering thought. Allegiant Global started that same year as Heritage Interactive Services, with one client and little market awareness of what industrial recycling and reuse initiatives meant. Heritage Interactive was started by principals of locally based Heritage Environmental Services, which was-and still is-involved in more traditional waste-disposal services. When one of Heritage Environmental’s clients, Michigan-based Lear…

Read More

RETURN ON TECHNOLOGY: No, WiFi isn’t killing you … or even making you sick

The other morning I woke up feeling like the bottom of a garbage collector’s shoe. It must have been due to my wireless signal. Maybe I’m “allergic” to my WiFi, like some people in Santa Fe, N.M., say they are. Television station KOB had the story May 20. And yep, there are just three letters in the call sign. The station goes back to 1948. Apparently, so do the sensibilities of some of the residents of Santa Fe. A group…

Read More

Officials turn up call for 2-year degrees: State putting emphasis on higher education options

State and local leaders are turning up the amp on the importance of higher education, but they’re also trying to tune students into the message that being college-educated doesn’t have to mean spending four years at a university. In recent weeks, both Indianapolis Mayor Greg Ballard and Indiana Gov. Mitch Daniels have loudly proclaimed the state’s need for more workers with twoyear degrees. While government officials have long said the state needs a more educated work force to attract business,…

Read More

IPIC’s BioWorksU virtual effort wins acclaim:

A new Web site developed locally and designed to attract youngsters to careers in the life sciences sector now shares something in common with the wildly popular Club Penguin site. The Indianapolis Private Industry Council, with assistance from locally based Creative Street Media Group, created BioWorksU.com. And while more educational and likely more appealing to a larger age group than Club Penguin, the two were among recent Webby Awards finalists. Called the “Oscars of the Internet” by The New York…

Read More

Evolving mobile phones indispensable for on-the-go technology ‘addicts’

Mitch Roob oversees a state agency with a $6.5 billion budget and thousands of employees who deliver a range of services to
more than a million Hoosiers. And he’d be lost without his BlackBerry. He is just one of the many Indianapolis professionals
who use enhanced mobile devices, or smartphones, to keep tabs on their work and increase their productivity away from the
office.

Read More

SURF THIS: Radio Free Me: Opening Pandora’s musical box

If you’re a parent of a pre-teen, you’ll both understand and appreciate the following sentiment: I’m really sick of Radio Disney. This is why I normally listen to talk radio. But there are times when I can’t take any more of the right (Boortz, Beck, etc.) the left (NPR) or the egos (you know who you are.) That’s when I found Pandora and now that I’ve opened the box, I just can’t see going back. First, a little background. Way…

Read More

Selling a sabbatical: Few companies let workers take lengthy vacations, but some make exceptions

If you were to approach your boss about taking a prolonged leave of absence-say, for seven weeks-would he or she respond with understanding, or amusement? One particular boss, Matt Haab, founder of the south-side financial planning firm Veros Partners, was faced with that very decision. He chose to let wealth management adviser Charles Miller take his family on a lengthy trip to Honduras earlier this year. Miller, 46, joined Veros in 2004 and had been to the Central American country…

Read More

RETURN ON TECHNOLOGY: Jump drives can rescue you or get you into trouble

I’ve seen a lot of computer oddities in my career, but a piece of sushi sticking out of the computer case was admittedly a new one. And then there was the squid, the Lego block, and the strawberry. They were all flash drives from a Japanese company called SolidAlliance (www.solidalliance.com). You can go to its site, but don’t expect to read it unless you’re fluent in Kanji. “Flash drive” is just one name for the little devices you plug into…

Read More

Electronic record system results from frustration: Doctor, partner hawking technology they developed

For Dr. Tim Story, frustration was the mother of invention. The Carmel internist didn’t like the cost or complexity of the electronic medical record systems he had seen. So he created his own. And now he’s trying to sell it to other doctors. “I wanted an EMR that I could use, that I could understand,” said Story, 55, who also chairs the largest group of physicians at Clarian North Medical Center. Story is by no means alone. Hundreds of doctors…

Read More

Revival in nuclear energy puts engineers in demand: Purdue concerned about possible shortage in field

A renewed interest in nuclear energy coming at the same time aging workers are leaving the industry has created the elements for a shortage of nuclear engineers. Nuclear energy as an electricity source is enjoying a resurgence nearly 30 years after a reactor meltdown at Three Mile Island in Pennsylvania severely tarnished the industry’s image. Escalating oil prices and stiffening environmental regulations on coal-based systems are helping to spawn the rebirth of nuclear technology. The U.S. Nuclear Regulatory Commission in…

Read More

EDITORIAL: Pricey fuel isn’t all bad: Pain at pump creates opportunity

Pricey fuel isn’t all bad Pain at pump creates opportunity The high cost of fuel hurts everyone, from commuters to business owners to not-for-profits whose volunteer drivers deliver meals to shut-ins. Our whole economy suffers. But there’s a silver lining to gas for $4 a gallon: opportunity. If the price of fuel isn’t coming down, and that seems to be the prevailing wisdom, the only thing to do is adapt. It’s in adapting that there’s opportunity to be found and…

Read More

VIEWPOINT: What is that buzzing in my ears?

Have we lost the desire for genuine conversation? Or maybe it’s more that our opportunities are being robbed. I ponder that statement whenever I find myself meeting a colleague or friend in a restaurant these days. What lengths proprietors go to to create the right first impression with furniture, lighting and finishes. (I work for a design firm, so I notice these things.) In the best situations, these elements create a sense of welcome. They can make you feel cozy…

Read More

RETURN ON TECHNOLOGY: Are Google photos an invasion of your privacy?

There it was, by golly. I’m a tourist as much as the next guy, so of course one of the first things I did was look up my own house on Google Street View. And there it was. Sometime in the past several months, a car with a Google cameraman in it drove through my neighborhood taking shots every few yards. I could “fly” through the whole area, albeit rather jerkily. All the overhead shots on Google, all the satellite…

Read More

Firm helps clients blog easier: Compendium sees huge market in making business Web sites more interactive

The number of blogs operating on the Internet outnumbers the inhabitants of California, New York, Texas and Florida combined. With a market like that, it’s no wonder Chris Baggott and Ali Sales are so excited about the potential of Compendium Blogware, an upstart firm the two formed in January 2007. Baggott is best known for founding, along with co-owner Scott Dorsey, fastgrowing local e-mail marketing firm ExactTarget Inc. in 2000. The company brought in $48 million in revenue last year….

Read More