Podcast: Exclusive Interview with Greg Bentley, CEO, Bentley Systems (Directions Magazine: All Points Blog)
Bentley says revenue from organic sources down about 1.5% so far this year; no IPO in the foreseeable future.
Questions for Fancast SVP Karin Gilford (ClickZ)
PRINT WILL LIVE IN A DIGITAL AGE (Philadelphia Inquirer)
Born free
Open-source software firms are flourishing, but are also becoming less distinctive (The Economist)
People News 5/31/09
SunGard Higher Education Names New Chief Technology Officer (SunGard Press Release)
Doug Paradis Joins Anexinet as Chief Technology Officer (PR Web)
Two are named to Thermo Fisher's board (Boston Globe)
Finalists Announced for Ernst & Young New Jersey Entrepreneur Of The Year(R) 2009 Awards
(PR Newswire)
As Smartphones Proliferate, Will One Company Emerge as the Clear Market Winner? (Knowledge@Wharton)
Comcast Lighting Up 100 Mbit/s?
(Light Reading: Cable Digital News)
Study: Area Teens Wired On Technology, Caffeine
A Drexel University study of 100 Philly area teens shows that many of them are much like adults: addicted to too many tech devices, overloaded on caffeine, and not getting enough sleep.
Technology, Caffeine Keeping Teens Awake
Many routinely get just 3 to 5 hours sleep per night, study shows (US News & World Report)
Quality Systems fiscal 4Q profit rises 1 percent
(Associated Press via Forbes)
Quality Systems in Question (Motley Fool)
My recent post on Quality Systems.
Quality Systems closed the day down about 5%.
Why Comcast Has To Worry About Hulu, Part 2 (Silicon Alley Insider)
After AOL, Is Time Warner’s Next Deal to Sell Itself? (Wall Street Journal: Deal Journal)
To Comcast? Actually, Comcast might be more interested in some of Time Warner Cable's (also spun off) territories if it can win their legal challenge against the 30 % ownership cap.
Comcast CEO: Company remains affected by downturn (MarketWatch)
Infinera, a small tech company, is growing in the Lehigh Valley
It expands Upper Macungie plant amid demand for its fiber optic networks (Allentown Morning Call)
Final Public Meeting on Broadband Stimulus Funds to Be Held June 3 in Philadelphia (PR
Newswire)
Would-Be Entrepreneurs Take Ideas To Open Mic (NPR)
On Bloblive.
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Daily Links 5/28/09: Time Warner to Spin Off AOL
Time Warner Board Approves AOL Spinoff; Dail-Up Business To Remain With AOL (paidContent)
Liberty Media says has not talked merger with HSN (Reuters)
Comcast To Make TiVo 'Primary DVR Choice' In One Tru2way Market
Operator Readying Launch of Remote Scheduling for New England Customers (Multichannel News)
Is Tru2way Ready to Grow Up? (Light Reading: Cable Digital News)
Is Verizon Considering Metered Billing?
Or just fighting regulation that would prohibit the option? (Broadband Reports)
Rumor: Comcast bumping Internet service up to 100Mbps (SlashGear)
Motorola Co-CEO: 1Q Represents Low Point For His Operations (Dow Jones via CNN Money)
Motorola clarifies position on WiMAX, LTE R&D (Fierce Broadband Wireless)
IT entrepreneur back in Greater Philadelphia with new acquisition, 30 new jobs (Keystone Edge)
The Millionaire Boys Club (Keystone Edge)
On Xoxide of Malvern.
Sestak-vs.-Specter primary?
The congressman alerted some backers about his intentions. (Philadelphia Inquirer)
'Rigged' product demo in SAP suit goes missing (Computerworld)
Electronic Patient Records Will Force Consolidation in Health Care (New York Times: Bits)
Ben Franklin Technology Partners giving loans to four Lehigh Valley firms (Easton Express-Times)
Newspaper Execs Meeting Today to Discuss Charging for Online Content (Editor & Publisher)
Philadelphia Media Holdings among attendees.
Successful Play for iCueTV’s Interactive Applications at Recent CableLabs’ tru2way Interop
Company Tests Well with Variety of Set-Top Boxes and User Agents (Business Wire)
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Appeals court rules against exclusive cable TV deals (Bloomberg via Boston Globe)
An Inconvenient Mess (Reuters)
Cable 'Canoe' Finds Slow Going
Hardware/software issues plague cable's advertising dream (Broadband Reports)
CANOE VENTURES EXPANDS ITS COLORADO-BASED ENGINEERING AND DEVELOPMENT TEAM (Interactive TV Today)
Safeguard Scientifics to record $120 mln gain in Q2 (Reuters)
Curt Schilling’s 38 Studios buys game developer Big Huge Games (VentureBeat)
Philadelphia CBS, CW stations team up with VGXPO (Gamers Daily News)
Sapphire 2009 in Review: Jon Reed Interviews Michael Krigsman of Asuret (JonERP.com)
SAP Canada executives reflect on 20th anniversary (IT World Canada)
Bentley’s ProjectWise Dynamic Plot Brings Paper Into Digital Age to Help Mitigate Project Risk (Business Wire)
Modeling User Interactions with Search Engines (The Future of Things)
Research done at Penn State.
Princeton researchers to lead major Pentagon-funded initiatives (News at Princeton)
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First Round Capital Widget; New Investments
First Round Capital now has a downloadable widget showing all the jobs (or most, anyway) available at its portfolio companies, via VentureLoop and Widgetbox.
Also, two financing rounds were announced today in which First Round participated:
OpenX Aims to Hold Off Google, Takes $10.4M Third Round (GigaOM)
Plastic Jungle Scores $4.8 million For Gift Card Marketplace (TechCrunch)
Daily Links 5/26/09: Ben Franklin Invests in 8 Area Companies
Ben Franklin Technology Partners OKs Click Equations, other investments (Philadelphia Business Journal)
Evidentiary Hearing Commences in ITC Investigation of Nokia's Infringement of InterDigital 3G Patents (Business Wire)
Halcyon Revs Up U.S. Channel Effort (IT Jungle)
QVC HD: Now 100% High-Def
Claims First Home-Shopping Channel To Offer Native HD Service (Multichannel News)
SAP Braces For Change
New sole-CEO Leo Apotheker wants the enterprise-software powerhouse to be more responsive to customers. (Information Week)
SAP Introduces Software Package to Help Public Sector Customers Optimize Economic Stimulus Funds (PR Newswire)
Tech Employment Shrinks for Fifth Straight Month (Wired Blogs: Epicenter)
70% DOCSIS 3.0 Market Share & the 200MB Home (Media Experiences 2 Go)
Higher Ed Wakes Up to Twitter
(Library Journal)
Moggle, Inc. Announces Agreement With FX Labs
(Business Wire)
EBillme launches online payments option for teens (Finextra)
Synygy Announces Availability of the Mobile Edition of SYNYGY PORTAL for Use with iPhone, BlackBerry, and Windows Mobile Devices (Business Wire)
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Comcast and the NFL: a case of likes repelling (Lancaster
Online)
Analysis: Comcast Pact, RedZone Channel May Trigger More NFL Network Distribution Deals (Multichannel News)
Health providers move slowly to electronic record-keeping (Newark Star-Ledger)
GSK launches 'More than Medicine' corporate blog (Medical Marketing & Media)
Locust Walk paves way for life sciences concerns (Philadelphia Business Journal)
Blog Recap—Monday May 18 at Mobile Monday Mid-Atlantic (Mobile Monday Mid-Atlantic)
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People News 5/24/09
GSI expands with the hiring of two execs Internet
Retailer)
Agilence Names Ed Parks VP of Engineering (Business
Wire)
Publicis Selling Solutions Announces Recent New Hires
(Business Wire)
Universal Display Extends Sponsored Research Program with Dr. Stephen Forrest and Dr. Mark Thompson (Business Wire)
Gregory Arnold was named Vice President, Strategic Planning at RCH Cable in Moorestown. He came from Comcast, where he was
senior VP, New Jersey region, Eastern division.
Will Philadelphia be the place where the American newspaper dies? (The Guardian)
Internet start-up helps point the green way (Philadelphia Inquirer)
Software tracks Web-site designs
Results show people tend to glaze over ad placements (Wilmington News Journal)
Three Area Companies Make Red Herring 100
The Red Herring 100 North America is out. For those of you who are a little younger, the Red Herring was sort of the bible for the VC/Tech
Startup community in the 90's, though it never recovered from the tech crash and has been through several lives since then. However, being named to the Red Herring 100 still carries some cachet, though I've always found it to be rather Silicon Valley-centric.
Three companies in the broader Philadelphia region were included: Invidi, the heavily funded Princeton developer of addressable advertising technology for cable systems, AirClic, the Trevose company that ran through a few hundred million in venture funds before finally finding a viable business model using wireless technology to optimize mobile business processes, and a company I had not heard of before-Weather Trends International
of Bethlehem-which appears to be a competitor to Planalytics of Wayne.
Other companies of local interest include Bluenog, the open source software company basesd just a ways up the road in Piscataway and backed by NewSpring Capital of Radnor, Aster Data Systems, a First
Round Capital portfolio company based in California, and Jaspersoft, an open source business intelligence vendor partially backed by SAP
Ventures.
The only other Pennsylvania company I noticed was from the startup hotbed of Altoona: a company called INRange Systems which provides systems to monitor and reduce the rate of error for at-home medications.
Daily Links 5/22/09: Business Week Feature on First Round Capital
'Super Angels' Shake Up Venture Capital
As large VC firms cut back, a hungry bunch of seed-stage investors are helping entrepreneurs get their ideas off the ground
(Business Week)
Features First Round Capital.
On Golf Courses, Sensors Help Save Water (New York Times-free registration)
Smarter Agent going for universality (Philadelphia Business Journal: Technology Blog)
Update: Liberty Media Setting The Stage For HSN Bid? (Barron's: Tech Trader Daily)
Cable TV Losing 1 Million Customers A Year
Mostly thanks to poor customer service... (Broadband Reports)
Lockheed Martin GPS III Team Successfully Completes Major Design Review Phase on Schedule (PR Newswire)
Digital Ad Agency Razorfish Closes Two Offices (paidContent)
U.S. could take 17 years to exit GMAC after an IPO (Reuters)
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Daily Links 5/21/09: Avid Radiopharmaceuticals Raises $34.5 Million
Business Outlook Survey: May 2009 (Federal Reserve Bank of Philadelphia)
Avid Radiopharmaceuticals Closes $34.5 Million Series D Financing (Business Wire)
Milken Institute report gauges life sciences impact on Phila. area (Philadelphia Business Journal)
Note that the study was funded largely by area organizations; it is not necessarily unbiased.
Salesforce.com tops views with quarterly profit (MarketWatch)
What Does Access to Real World Data Online Make Possible? Check Out PolicyMap 2.0 (Read Write Web)
PolicyMap a winner (Philly.com: Philly Inc)
Environmental Tectonics stock to be delisted from NYSE Amex (Philadelphia Business Journal)
SAP's Business ByDesign coming to mobile devices (Reuters)
Analysis: Can Sam's Club bring health care tech to the local doctor? (Computerworld)
How Will Cable Deliver IPTV? (Light
Reading: Cable Digital News)
Entrepreneurs sweat for success at DreamIt Ventures' boot camp (Keystone Edge)
Global Software Applications intros wayfinding kiosk software (Kiosk Marketplace)
Advanced CRM Functionality Added to Aria Systems A+ Billing Platform (Marketwire)
The Philadelphia Chapter of the National Business Marketing Association Set to Launch Early Summer 2009
Chapter Will Focus on the Unique Needs of Business-to-Business Marketing Professionals in the Greater Philadelphia Area (Marketwire)
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What's The Hottest Tech Stock in the Philly Area?
It's Quality Systems, Inc, which is actually headquartered in Orange County, California. But over 90% of its revenue comes from its NextGen Healthcare Information Systems unit based in Horsham. NextGen's principal business is providing Electronic Health Record (EHR) systems and related services to medical practices.
Though they took a small haircut yesterday, Quality System's shares closed at $56.53, up 30% from the beginning of this year and 65% from one year ago. That gives the company a market capitalization of $1.6 billion.
While there may be some speculative froth in the stock's recent run, the company does produce excellent results. NextGen's revenue increased 40% to $61.5 million in the third quarter of Fiscal '09 (ending 12/31/08) or about 23% excluding the impact of acquisitions. Operating margins were 37%. Quality Systems had no long-term debt on its balance sheet at the end of the last quarter, and should have plenty of flexibility for financing acquisitions.
The real stimulus for Quality's stock price is the Health IT Stimulus Act, a part of the President's broader stimulus package, which provides $19 billion for Healthcare IT much of which is specifically designated toward helping fund the adoption of EHRs. Doctors will be rewarded with incentives if they adopt EHRs and penalized in later years with reduced medicare payments if they don't. Today, most experts estimate that perhaps 10 to 15% of physicians are using EHRs. Adoption is slowed not only by the cost but the complexity of changing over while you are trying to run a practice. There is also considerable concern over what standards will emerge for EHRs and their interoperability with other systems.
Reagardless of the pace of adoption, NextGen and Quality Systems are likely to benefit from the Healthcare IT push. But some analysts seem wary about recommending the company's stock at it current price level.
Daily Links 5/20/09: SAP CTO on the "Cloud"
SAP CTO: Our Customers Are Creating 'cloud Economies' (PC World)
Interop: Vendors Still Confuse With Cloud Computing Definitions (Information Week Blogs)
Bio-Imaging Technologies Increases Its Offer to Acquire etrials Worldwide (Business Wire)
PE-Backed Bust: J.G. Wentworth (PE Hub)
House Passes Credit Card Bill, Sending It to President (Washington Post)
SunGard Builds SaaS Connections ( MSP Mentor)
Fandango Has Just the Ticket
Movie Web site and ticket retailer implements analytics to aid with internal reporting. (destinationCRM)
Liberty Media Boosts Stake In HSN To 32.8% (Barron's: Tech Trader Daily)
Ahead of Sprint's Pre launch, AT&T weighs tiered mobile data plans (Betanews)
Power Medical Interventions, Inc. Retains Convertible Capital as Financial Advisor (Globe Newswire)
WPCS expects over $2M in fiscal 2010 profit (Philadelphia Business Journal)
NEC Displays Embolden New Generation of Photographers at Philadelphia’s University of the Arts (Business Wire)
The Secret of Managing Your Advisory Board & Board of Directors for Success (Anthony's Blog)
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Daily Links 5/19/09: Comcast, NFL Net Settle
Comcast and National Football League Reach Long-Term Carriage Agreement for NFL Network (Business Wire)
Comcast Reaches Deal on NFL Network (New York Times)
Comcast Improves Customer Satisfaction
Jumps five points in ACSI rankings.. (Broadband Reports)
Google CEO Eric Schmidt transcript (Philly.com: Philly Deals)
Eric Schmidt's Penn Commencement Address:
HostMySite Acquires Hosting.com (Web Host Industry Review)
On the Matter of John Schwarz: Thank You (ZDNet Blogs)
GPS System Reportedly On Verge Of Breakdown (Barron's: Tech Trader Daily)
Lockheed Martin better hurry up getting those satellites launched.
New SaaS Aggregate Spend Solution Unveiled at the Veeva Customer Summit (Business Wire)
UniRisX Ltd Announces 15th New Client Win with Arnold Fisher Insurance
World’s Leading Provider of SaaS Insurance Solutions to Develop Online Insurance Solution for Rapid Speed-to-Market Capabilities (Business Wire)
arcplan Announces arcplan Edge®, the Next Generation of Budgeting, Planning, and Forecasting Solutions for the Web and Microsoft Excel® (Business Wire)
Ticketmaster/Live Nation merger: Customers are competitors, Azoff says (Ticket News)
RJMetrics Relocates World Headquarters (The Metric System Blog)
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Daily Links 5/18/09: Supreme Court to hear SOX Challenge
Reflections on the last nosedive
A look back at the 2001 'tech wreck' reveals something about this one. (Philadelphia Inquirer)
Comcast picks up Internet speed in Delco (Delco Times)
How to get cheap(er) FiOS: buy it from someone else (ars technica)
http://adage.com/article?article_id=136688">Is Verizon's $23 Billion Bet With Fios Paying Off? (Ad Age)
Goodbye, SOX? (ZDNet Blogs)
Supreme Court to hear Sarbanes-Oxley challenge.
Understanding SAP's Business byDesign SaaS strategy (ZDNet Blogs)
SAP Says China Stimulus ‘Positive’ for Asia-Pacific (Bloomberg)
SAP's McDermott Has Crafty Plan To Beat Oracle On Deals (Information Week Blogs)
Developing Clinical Dashboards (Computerworld)
As done at Penn Medicine.
Online Ad Auditing Tech Firm DoubleVerify Raises $3.5M (Alarm Clock)
First Round Capital an investor in NY startup.
Atiam Technologies Announces New Company Name: InsPro Technologies (PR Web)
Astea Reports First Quarter 2009 Results (PR Newswire)
Voxware Reports Results for Third Quarter of Fiscal 2009 (Business WIre)
Kulicke & Soffa Increases Revenue Outlook for Third Fiscal Quarter of 2009 (Business Wire via Philly.com)
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Snipi, Inc. Launches New System for Social Shopping
Unique Platform Offers Simple Way to Organize, Discover and Share the Internet (Marketwire)
Thanks Red Tettemer, for the Stomach Ache (Media Bistro: AgencySpy)
NFL closing in on deal with Comcast (Sports Illustrated)
MASN-Comcast Program-Carriage Complaint Hearing Set For May 18
FCC Administrative Law Judge Sippel Will Preside Over Third Of Three Cases (Multichannel News)
Rohm & Haas plans widespread layoffs (Philadelphia Inquirer)
'Excel on steroids' (phillyBurbs.com)
On PARIS Technologies of Buckingham.
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SAPPHIRE 2009 Wrap
SAP's new world order
As the software giant's CEO goes solo, he faces troubling times. (Fortune)
SAP Signals BPM Intentions (eWeek)
Sapphire 09: From Sapphire to green - the event highlights (MyCustomer.com)
SAP cautiously ponders social networking (Internetnews.com)
ASUG's plans for 2009 include finding new CEO, more software influence (SearchSAP.com)
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Verizon, Frontier in $8.6B deal for wirelines (Associated Press via Google News)
Comcast Should Benefit From Verizon-Frontier Deal: Analyst
Operator Has Launched DOCSIS 3.0 In Indiana, Oregon, Washington (Multichannel News)
What the Eclipsys story tells us (ZDNet Healthcare)
GMAC Bank, it's time for a new name (The Deal.com: Dealscape)
CardioNet Announces Launch of Clinical Indicator for Sleep Disorders (Business Wire)
Viddler bumps up features including widgets (gadgetell)
AllenPort Brings New Twist to SaaS (Channel Web)
Motorola and Clearwire (Media Experiences 2 Go)
What’s Up With HSN? (Barron's: Tech Trader Daily)
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SAPPHIRE 2009: Thursday 5/14/09
SAP Campaign 'Clarifies' Its Vision (MediaPost: News: Marketing Daily)
SAP co-founder: Hardware will change the way SAP develops software (SearchSAP.com)
One-on-One with SAP "Demo Boy" Ian Kimbell
Meet the man who can make SAP product demonstrations humorous. Yes, we said humorous. (CIO.com)
SAP Solution Manager will play major role in SAP Enterprise Support KPIs (SearchSAP.com)
New SAP CRM ordering system helps Coke roll out new dispenser (SearchCRM.com)
SAP still trying to bring cloud computing down to earth (IT Knowledge Exchange: SAP Watch)
SAP maps out its sustainability strategy at Sapphire (IT Knowledge Exchange: SAP Watch)
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Daily Links 5/14/09: IMS: Drug Cos Should Re-Allocate $15 Billion In Promotional Spending
Back online after Google's little outage this morning.
IMS: Drug Cos Should Re-Allocate $15 Billion In Promotional Spending (Dow Jones via CNN Money)
Should drug companies know what the doctor prescribed (ZDNet
Healthcare)
Teen entrepreneur Catherine Cook says myYearbook’s Lunch Money adds up (VentureBeat)
Comcast won't sell stake in Sixers, Flyers (Philadelphia Inquirer)
Heartland Breach Blamed for Failed Membership Renewals (Washington Post: Security Fix Blog)
Sunoco Signs $34 Million IT Services Contract Extension with Infocrossing, a Wipro Company (Business Wire)
An article in today's Wall Street Journal quotes Sunoco CIO Peter Whatnell as saying that the company is finished with cuts to its $90 million IT budget.
Vishay founder Zandman taking $60M to amend contract (Philadelphia Business Journal)
Urban Outfitters Profit Declines as Consumers Pare Spending (Bloomberg)
Journal Register Looks to Void Union Contracts (Associated Press via Editor & Publisher)
Extended Q&A with Eric Mayberry (City Paper)
geographIT Awarded Philadelphia SWEEP Contract (Press Release via Directions Magazine)
Avencia R&D: sourcemap.org (Avencia Labs)
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AlwaysON Honors Three Area Tech Companies
AlwaysON, a technology blog network, recently named its AlwaysON East 100 Top Private Companies for 2009. Three area companies were named to the list: Boomi, the Berwyn-based SaaS application integrator that also recently won a CODiE Award, myYearbook, the New Hope-based social network primarily aimed at teens, and AirClic of Trevose, which supplies mobile business process solutions.
The AlwaysOn East 100 will be honored at Venture Summit East May 20-22, 2009 at the Mandarin Oriental in Boston, MA
Daily Links 5/13/09
PhillyDeals: Software sales show trading going strong (Philly.com: Philly Deals)
SunGard unveils Web-based CRM tool (Finextra)
Comcast Investigates VoIP Outage
(Light Reading: Cable Digital News)
RJMetrics Aims to be Web Startup's Ace in the Hole (Read Write Web)
See my earlier post on RJMetrics.
Konnect.me Launches its First Site, Green.Konnect.me, to Serve the Green Building Industry
(PR Newswire)
WordPress bloggers to convene on Baltimore for conference (Baltimore Sun)
Mid-Atlantic Job Board Announces Twitter-Based Recruiting Tool
JobCircle.com helps companies use Twitter to recruit workers. (PR Newswire)
Entrepreneurs Bootcamp Begins May 18 (Business
Wire)
Cisco, Clearwire announce WiMax partnership (ZDNet Blogs)
Clearwire reshuffles execs, posts $260 million Q1 loss (TechFlash)
SAPPHIRE 2009
SAP, Oracle ask for lawsuit delay to June 2010 (Reuters)
Midsize Companies Gain Business Insight With SAP® Business ByDesign™ (PR Newswire)
TIMELINE: SAP's steps to bring cloud software to market (Reuters)
Inside SAP's Idled Business ByDesign Suite (Information Week)
I think you could buy a 747 for the amount of money SAP has spent on each Business ByDesign customer to this point.
SAP and RIM Announce Availability of Integrated SAP(R) CRM and BlackBerry Solution (PR Newswire)
Virtual Iron Software sold to Oracle (Mass High Tech)
Verticals onDemand becomes Veeva Systems
Verticals onDemand, the Pleasanton, California-based SaaS CRM vendor that has much of its sales & marketing staff in Radnor, has changed its name to Veeva Systems (see press release). The new name, a derivative of the Latin word meaning "to live", is intended to emphasize Veeva's total focus on serving the life sciences market. With the name change, the company has also indicated it plans to get deeper into that vertical, providing applications that go further into an organization than just CRM. Announcements of some more details on this should be forthcoming.
The two-year-old company’s application runs on Force.com from salesforce.com. In fact, of its top 4 execs three came from Salesforce.com, with the exception being EVP & GM Matt Wallach, who came from Health Market Science in King of Prussia but was formerly with Siebel (now part of Oracle).
Veeva Systems recently expanded to Europe, and next week in Philadelphia is holding what it calls "the largest Pharma SaaS CRM Gathering" (May 19 & 20). For more information on the event go to www.veevasystems.com or e-mail pr@veevasystems.com.
Daily Links 5/12/09: Advanta Corp. suspends credit cards
Advanta Corp. suspends credit cards (Philadelphia Inquirer)
Advanta’s Card Shutdown May Imperil Customers, Debt Holders (Bloomberg)
Is it any coincidence that this is happening just as the Senate is reaching an agreement on new credit card fee restrictions?
Kenexa: Q1 In Line; Stock Soars On Flurry Of Upgrades (Barron's: Tech Trader Daily)
SunGard Acquires ICE Risk Solution (FinanceTech)
Big Pharma Finally Taking Big Steps to Reach Patients With Digital Media (Ad Age)
GoodCompany Ventures Offers Peer Advisory Program for Incubator Class of 2009
Wharton Students To Offer Fresh Business Perspectives And Strategic Advisement To Young Businesses (CSR Wire)
Encorium Group Enters into Non-Binding Letters of Intent
Reiterates Going Concern Opinion to Comply with NASDAQ Marketplace Rule 4350(b)(1)(B) (PR Newswire)
InfoLogix Announces First Quarter Financial Results (Globe Newswire)
Independence Blue Cross Expands Use of Build for Change® Technology to Support Continued Growth and Reach New Levels of Customer Service (Business Wire)
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More on SAPPHIRE 09
Microsoft Builds $3.75 Billion War Chest
The software maker's first-ever public debt offering could mean acquisitions are on tap. (Information Week)
Triggers more SAP takeover rumors.
Microsoft Done With Cuts, Dismisses SAP Speculation (Bloomberg)
IBM-SAP combo not in the cards - exec
Big Blue's software strategy chief says IBM will stick to its knitting. (Fortune)
SAP keynote: Leo Apotheker's appeal for clarity (ZDNet Blogs)
SAP BusinessObjects Explorer Announced (Intelligent Enterprise)
HP, SAP Collaborate to Speed Business Transactions (eWeek)
SAPPHIRE09: a view from the cloud (ZDNet Blogs)
Daily Links 5/11/09: Metro sells off US newspaper business
Windstream To Buy D&E Communications For $159 Million, Boost Pa. Presence (Dow Jones Newswire via CNN Money)
Metro sells off US newspaper business (Associated Press via Google News)
Kenexa Announces Financial Results for First Quarter 2009 (Business Wire via MarketWatch)
Revenue down 20%; Takes $33.3 Million impairment charge.
USA Technologies Reports Third Quarter Fiscal 2009 Results (Business Wire)
Interactive Intelligence calls on clients, nets call-center sales (Indianapolis Star)
Unisys reorganizes to focus on services (Washington Technology)
The $7.2 Billion Question
Lawmakers Puzzle Over Who Is 'Unserved' As They Dole Out Broadband Stimulus Funds (Multichannel News)
Comcast DOC 3.0 Hits Harrisburg
And several other portions of central PA (Broadband Reports)
Vuzit Offers New Enterprise Document Control Software at Redesigned Vuzit.com Website (PR Web)
MEDecision Finalizes Acquisition of HxTechnologies, Inc. (Business WIre)
Data Integration Helps Shipbuilder Trim Costs
Aker Philadelphia Shipyard wanted an integrated system to lower HR and payroll costs. (CIO.com)
German group buys Technitrol's MEMS microphones operation
(EE Times)
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SAPPHIRE 2009
SAPPHIRE 2009, the SAP user conference and trade show, opens today in Orlando. I'll do my best to keep you up to date with the top highlights.
SAP up as report churns M&A speculation (Reuters)
SAP Co-CEO: Oracle-Sun Deal Won't Affect Industry Much (Dow Jones Newswires via CNN Money
SAP Co-CEO Apothekar Says Economy Stabilizing (Barron's: Tech Trader Daily)
SAP buys software maker Clear Standards (Reuters)
SAP Boots Business ByDesign SaaS Apps to 2010? (IT
Jungle)
Rimini Street launches third-party SAP support for SAP ERP, BW releases (SearchSAP.com)
SAP Expands Business-intelligence Strategy (PC World)
CubeTree launches enterprise social networking suite; Can it stand out? (ZDNet Blogs)
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Beyond philanthropy, Lenfests show personal commitment (Philadelphia Inquirer)
Video: SAP's McDermott On Mobility, SaaS, & Business Intelligence (Information Week Blogs)
People News 5/10/09
Comcast CFO discusses high-profile job, Peabody roots (Salem News)
Cadient Interactive Expands Creative Leadership with New Associate Director (PR Newswire)
The Judge Group Announces Strategic Addition to Management Team (Press Release)
Boenning & Scattergood Adds Managing Director in Investment Banking to Enhance Growth Initiatives (Business Wire)
Emtec Names Gregory P. Chandler Chief Financial Officer and President of Emtec Global Services (Business WIre)
QSGI Announces Appointment of Eric Nelson as Chief Financial Officer (PR Newswire)
CardioNet Appoints Rebecca W. Rimel of the Pew Charitable Trusts to Its Board of Directors (Business Wire)
Rodale Names Ethne Clarke Editor-in-Chief, Organic Gardening (Business Wire)
eZanga Expands Operations, Opens Connecticut Office
Frank Holland joins company as account manager (Business Wire)
HHS Announces Members of Committees That Will Advise on Implementation of Health IT
Policy and Standards Committees Will Meet Next Week (Business Wire)
Don't Believe Everything You Read in Medical Journals
Elsevier Health Sciences, the huge Philadelphia-based publisher of medical journals, is dealing with a little embarrassment right now, at the least.
Apparently, its Austrialian unit published content favorable to Merck, including its controversial Vioxx drug, without revealing that journals publishing those articles were in fact paid for by Merck. The practice, which Elsevier says stopped in 2005, came to light in a court case in Australia involving Vioxx. See AP article here and Elsevier's apology here. The story was first reported by The Australian newspaper; The Scientist reported last week on the full magnitude of the problem.
Daily Links 5/8/09: First Round Capital's "Office Hours" planned for Philly
Liberty Media Reports First Quarter Financial Results (PR Newswire via MSN Money)
QVC revenue down 10%.
E-commerce stocks rebound rapidly, up 36% for 2009 (Internet Retailer)
TicketLeap Goes Anywhere With Online DIY Box Office Solution (TechCrunch)
Calling all Philadelphia Entrepreneurs (Redeye VC)
First Round Capital's "Office Hours" coming to Philly on May 18.
Boomi Wins 2009 CODiE Award for Best On-Demand Platform (Marketwire)
Newtown’s Lockheed Martin secures $1 billion satellite deal (Bucks Local News)
Universal Display Corporation Announces First Quarter 2009 Financial Results (Business Wire)
Behold The Future! OLED Gadgets Arrive (Motley Fool)
Motorola Preps Phone-Enabled TV Remote
Vendor Targets Q4 For Rechargeable Voice Remote For IPTV Set-Tops (Multichannel News)
An interview with Ralph Roberts, Part 2 (Comcast Voices)
MedQuist Reports First Quarter 2009 Results (PR Newswire via MSN Money)
Philly newspapers get 60-day stay from lawsuits (Associated Press via The Legal Intelligencer)
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Earnings Highlights 5/7/09
- Entercom revenues decline 21%: President & CEO says “The best thing that can be said about the first quarter of 2009 is that it is now behind us". (Press Release)
- Checkpoint Systems revenues decline 24.2%; reports small loss. (Press Release)
- Heartland Payments Systems shows growth in transaction volume and revenue (23.4%), though same store sales decline; reports small loss after charge of $12.6 million related to "processing system intrusion". (Press Release)
- Safeguard Scientifics reports 41% revenue growth and small reduction in net loss; Life Sciences segment performs better than IT segment. (Press Release)
- Internet Capital Group reports core company revenue growth of 12% year-over-year; net loss declines 38% excluding hedge charges. (Press Release)
- SunGard revenues up 2.5%; EBITDA down 1%. Press Release
Philadelphia Flyers Rock! - When It Comes To Customer Experience, That Is (ZDNet Blogs)
Reversing course, city won't be providing free election results online (Philadelphia Daily News)
Update: Election results back online (KYW)
Philly's Brian Tierney on Web Future, Federal Aid and Bankruptcy (Editor & Publisher)
Interesting move: Philly.com President Eric Grilly leaves for Comcast. (More)
SAP vs. Oracle: Who’s ahead in the count on the maintenance fee issue? (SAP Watch)
SAP job market: Building a future in an SAP career (SearchSAP.com)
Exclusive: Upcoming Verizon FiOS TV features (Gear Live)
Clearwire now offering WiMAX in Atlanta (MuniWireless)
Could Philly be next?
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Daily Links 5/6/09: SAP Buys Highdeal, TruePosition Awarded More Damages
SAP buys Highdeal for its pricing and rating software (Computerworld)
SAP Wins Race to Buy Highdeal (Light Reading)
InterDigital Announces First Quarter 2009 Financial Results
Strong Revenue, Profitability and Free Cash Flow Excluding Repositioning Charge (Business Wire)
Cloud software matures as economy boosts allure (Reuters)
TruePosition Wins $20 Million in Additional Damages in Patent Infringement Case Against Andrew Corporation (Business Wire)
TicketLeap Anywhere Launches Today - Check out the Demo Video! (TicketLeap Blog)
Senator Calls for New Net Neutrality Rules (PC World)
Bio-Imaging Technologies, Inc. d/b/a BioClinica™ Announces First Quarter 2009 Financial Results (Business Wire)
Bio-Imaging Technologies bids for growth with acquisition of etrials (Philly.com: Philly Inc)
DailyCandy's Levy: CEO's Exit Won't Stop Growth (Media Bistro: Fishbowl NY)
Wawa picks new provider as SAP turns some managed hosting over to partners (SearchSAP.com)
Post-breach, Heartland plans aggressive encryption project
Heartland to use end-to-end encryption to ward off cyber-crooks (Network World)
Sestak: Specter's not a reliable Democrat (Politico: The Scorecard)
Startup software company wins Smeal's entrepreneurship competition
(Penn State Live)
Army gets TerraSight license from Sarnoff (NJBIZ.com)
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Daily Links 5/5/09: Sanovia Raises $8 Million in Venture Funding
Sanovia Raises $8 Million in Venture Funding Led by Chrysalis Ventures (Business Wire)
Bio-Imaging Technologies to Acquire etrials Worldwide
(Business Wire)
SAP makes Business Suite 7 available — should you upgrade? (SAP Watch)
SAP's Revenge
When Oracle says ''best of breed,'' think integration headache. (Forbes)
SAP-IBM's Alloy application pushed to BlackBerry (Computerworld)
Spring – Hyperic - the future of Internet Infrastructure (Bickel Blog)
Startup of the Day - ColdLight (Microsoft Startup Zone)
Comcast's Project Cavalry: The March of 28 Million DTAs (Multichannel News)
Lockheed Martin Develops Platform to Improve Precision of Software Models (PR Newswire)
Synygy Announces Best Quarterly Performance in 18-Year History
Contract Wins, Expansions, and Renewals Add Up to Record Profit (Business Wire)
Checkpoint Systems, Inc. Announces New $125 Million Revolving Credit Facility (Business Wire)
VINtek prospers during difficult times for auto dealers and lenders (Philly.com: Philly Inc)
Report: Apple in Talks to Buy Twitter (Digital Media News)
Not sure if I buy this yet, although Apple certainly has cash to burn. It just seems, well, so unApple.
Microsoft BI Team Gears Up for 2010 (Intelligent Enterprise)
DSL Extreme Launches Rebranded FiOS
'Fiber Extreme' now available across Verizon's footprint.. (Broadband Reports)
Social Media Blurs Lines Between Advertiser and Publisher (Health Content Advisors)
As demand for online services grows, libraries look to stimulus cash to boost Internet speeds (Allentown Morning Call)
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Youth and veteran groups protest virtual army centers (ars technica)
Local Planet Completes Seed Round Funding
Philadelphia Start-Up to Help Families Make Better Purchasing and Ownership Decisions (Marketwire)
Waste Management: Dropping SAP Took Toll on Earnings (PC World)
Oracle aims at Microsoft with upgraded Beehive collaboration (IDG via Reuters)
Why Comcast Has To Worry About Hulu (Silicon Alley Insider)
Liberty splits off DirecTV into new larger unit (Reuters)
Technitrol Reports Q109 Results, Board Declares Dividend (Business Wire)
Heartland Payment Systems' PCI Compliance Is Reinstated (Dark Reading)
Rohm and Haas’ Phila. HQ building for sale (Philadelphia Business Journal)
GSI Commerce and Bath & Body Works Extend E-Commerce Agreement to 2015 (PR Newswire)
Agilence to Provide Effective Loss Prevention Solution for Retailers Through Integration with Axis Network Video Products (Business Wire)
Money for health information technology (WHYY)
CenTrak Introduces World's Thinnest Active RFID Tag (PR Web)
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New AGI leader focuses on growth (Daily Local News)
Losses at Unisys run into Q1
Japan stalls mainframe deals (The Register)
Quarterly Shipment Numbers: Q1 2009 (Media Experiences 2 Go)
Flaw found in electronic voting machines
Deleted votes don't register on audit logs and could go uncounted (Allentown Morning Call)
Auditor general raises Rendell's hackles (Philadelphia Inquirer)
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People News 5/3/09
Sujit Banerjee Joins Element Partners
(PE Hub)
David R. King to Receive MAC Alliance Entrepreneurial Award
Raymond Rafferty Entrepreneurial Excellence Award to Be Presented at Annual Awards Luncheon (Business Wire)
ExpertPlan Hires John Farmakis as EVP of Sales, Marketing and Business Development (PR Web)
WorldGate Builds for Growth with Announcement of New Senior Management and New Board Member (Business Wire)
MTI Committed to Maximizing Program Efficiencies
Dora Hauptman Hired as Director, Project Management (Marketwire)
Michael J. Donahue Joins LiquidHub Board of Directors (Business Wire)
LiquidHub Adds to Board of Advisors (Business Wire)
Emtec Hires New Director of Pursuit Management for Systems Division (Business Wire)
Codima Inc. Expands North American Sales Operations – With Executive Appointments and Launch of Regional Offices (Business Wire)
Pennsylvania NanoMaterials Commercialization Center Approves Technical Advisory Chair, Hires Project Manager (PR Newswire)
Rosetta Gyimesi joined QVC as Vice President of Application Services. Previously, she was VP and senior information officer at financial-services firm AIG.
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Study: Philly Lags in Entrepreneurial Spirit?
The Wall Street Journal's Venture Capital Dispatch reports on a Kauffman Foundation study of entrepreneurial activity in the US, that shows Philadelphia lagging way behind among the top 15 metro areas in the country (see Table 11) in terms of the percentage of the adult population starting new businesses.
I'm not sure what this all means; of course, the data includes anything from a home repair business to a one person consulting shop so it is not really a measure of high tech activity. And Seattle and Boston, two areas I would think rank pretty highly, are 14th and tied for 12th respectively in the Kauffman study.
Electronic Jewelry at the Wexler Gallery
An interesting new exhibit, "NEOTERIC MATTER 2", opens at the
Wexler Gallery on North 3rd Street today. The exhibit, curated by Daniella Kerner, Associate Professor at Temple's Tyler School of Art, will focus on works of jewelry employing advanced materials, new media and digital technology.
Among the items to be featured is Universal Display Corporation's (Ewing, NJ) flexible OLED (organic light emitting diode) bracelet. Designed by Emory Krall of Universal Display, the bracelet features a wrap around electronic OLED display using Universal Display’s phosphorescent OLED materials on a flexible metallic substrate.
There will be an opening reception today (May 1) from 5 to 8 at the Wexler as part of First Friday.
Daily Links 5/1/09: SAP opens "green" building in Newtown Square
New Building at SAP North America's Philadelphia-Area Campus Features Energy-Efficient, Sustainable Design (PR Newswire)
Oracle to expand Web-based software offerings: source (Reuters)
Comcast's $1B Bandwidth Plan
(Light Reading: Cable Digital News)
The Problem With Cable Is Television (New York Times: Bits)
InterDigital Announces Changes to Its Board of Directors to Re-Establish NASDAQ Compliance (Business Wire)
Prophetic Victory: NIR Diagnostics Wins Wharton Business Plan Competition Michelson Grand Prize with Device That Can Predict Wound Treatment Complications (Business Wire)
SES Reports Strong First Quarter (Satellite Today)
Intelligroup® Reports Q1 2009 Revenue of $30.9 Million, Operating Income of $1.8 Million and EPS of $0.02 (Business Wire)
Second time’s a charm for I-many? (Inorganic Growth)
Eastern Pa. newspaper cuts 52 jobs (Lancaster Online)
The Reading Eagle.
'Morning Call' of Allentown, Pa., Cuts 70 Jobs (Editor & Publisher))
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