Outgoing Indiana Sports Corp. leader Vaughn to join local tech firm
Vaughn will oversee day-to-day operations for the firm as well as handle contracts and legal matters.
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IEDC, Indiana Sports Corp. launch sports tech business initiative
SportsTech HQ is an effort from state economic development and sports tourism officials to bring in venture startups focused on sports and further grow the state’s ecosystem of sports tech-focused firms.
Accounting-tech firm Decimal lands $9.2M investment
Decimal’s software platform helps customers automate and outsource accounting tasks like bookkeeping and payroll. The company has added 30 employees since February.
Indianapolis-based tech firm Encamp lands $30M investment
Encamp’s software helps its customers fulfill environmental reporting and compliance issues. The company has attracted $47.2 million in investment since its launch in 2017.
Indianapolis tech firm ShipSigma plans expansion, 125 new jobs
Founded in 2018 as Parcel Optimization Technologies LLC, ShipSigma said the new jobs will offer an average wage of nearly $42 per hour.
Apple offers glimpse at upcoming changes to iPhone software
Apple on Monday provided a peek at upcoming tweaks to the software that powers more than 1 billion iPhones and rolled out two laptops that will be the first available with the next generation of a company-designed microprocessor.
HR-tech company UKG plans to add 200 to Indianapolis office
UKG, which offers an online platform for human-resources tasks like payroll and scheduling, expects to increase employment in Indianapolis to more than 500.
Purdue, IvyTech hope combined efforts will build microelectronics workforce
The microchip industry is growing more quickly than the workforce can keep up, leading to bigger shortages in an already limited pool of workers qualified to work in microelectronics.
Q&A: Indy Maven CEO develops co-working space dedicated to women
Leslie Bailey, who co-founded the Indy Maven lifestyle website in 2019, realized that many of the women who had left the workforce early in the pandemic were starting their own businesses.
New grant program to help Hoosier companies launch 5G projects
The program, offered through the Indiana 5G Zone, will offer established businesses matching grants of about $200,000 to help accelerate the commercial application of 5G technology.
Stellantis lands lithium hydroxide supply for EV batteries
Automaker Stellantis has reached a deal to have Controlled Thermal Resources Ltd. supply battery-grade lithium hydroxide for its electric vehicles in North America.
Local tech firm Greenlight Guru acquires Danish firm
This is the third acquisition announced this year for Indianapolis-based Greenlight Guru, which offers a platform to help medical device makers with regulatory requirements.
Fishers tech firm Vibenomics lands $12.3M in growth capital
Fishers-based Vibenomics, which provides in-store music, audio advertising and messaging to retail customers, said the funding will help fuel its growth.
IBJ Podcast: What Indiana’s auto industry must do to adapt to EVs
Podcast host Mason King talks with Ananth Iyer, a professor of management at Purdue’s Krannert School of Management, who is part of a group studying the potential disruption in the auto industry and how Indiana manufacturers can adapt.
Indiana launches task force to boost state’s semiconductor industry
The 15-member Accelerating Microelectronics Production & Development task force will be made up of industry experts and university research officials, and seeded with $2.7 million in state funding.
2022 Innovation Issue: NFTs coming of age in sports and entertainment
Digital collectibles aren’t replacing trading cards or bobbleheads quite yet, but local sports franchises like IndyCar and the Indianapolis Colts are eyeing them as a marketing tool that could attract younger fans.
2022 Innovation Issue: Indiana auto industry begins pivot to growing EV production
The state’s five automotive assembly plants, and the suppliers who serve them, produce 1.3 million cars and trucks per year, employing just more than 110,000 workers. But the vast majority of that work focuses on gas-powered vehicles.
2022 Innovation Issue: Connecting Crane with private sector will drive Indiana’s defense industry
Connecting what happens behind the locked gates at Crane with the rest of Indiana’s economy takes some coordination. In the middle of that effort is the Indiana Innovation Institute.
2022 Innovation Issue: AI is a powerful tool—but it carries risks
Last month, Faegre Drinker announced that Indianapolis-based partner Scott Kosnoff would co-lead an interdisciplinary artificial intelligence and algorithmic decision-making team that the firm calls AI-X. IBJ talked to Kosnoff about the team.
Big tech deals keep coming: Broadcom buys VMware for $61B
With the perceived value of tech companies on the decline, at least for now, more buyouts could be on the way with targeted companies appearing relatively cheap.