Daily Links 8/7/2013: New York Times on Cory Booker's WayWire

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SAP outlines plans for Hybris, push into 'omni-commerce' (PC World)

SAP business resource planning customers can now snazz up their user interface (PC World)

IBM Furloughs U.S. Hardware Employees to Reduce Costs Bloomberg)

Amazon Web Services: size, profit, distribution, and efficiency (infographic) (VentureBeat)

Google Cloud Platform Adds Load Balancing To Provide More Scale Out Capability And Control To Developers (TechCrunch)


OpenView, Data Point Capital Betting on Metrics in Fickle VC World (Xconomy Boston)
OpenView is an investor in Philly area startups Monetate, NextDocs and Xtium.

Venture capitalist [Josh Kopelman] counsels cities looking to contend in tech marketplace (Providence Journal)

Tech Magnates Bet on Booker and His Future (New York Times)
Although the Times article doesn't mention it, First Round Capital is also an investor
in WayWire.

Digital incubator at Philly media site gets $345K in funding (Philadelphia Inquirer)


Medical technology firms 'eye' collaboration (Philadelphia Business Journal)



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LLR Partners an investor in expanding East Norriton-based HighPoint Solutions

Tom Paine

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Philadelphia-based PE firm LLR Partners has apparently invested in East Norriton-based Healthcare IT consultant HighPoint Solutions, according to a brief announcement that appeared on the LLR's website in March, although there has been little publicity about it.

LLR called the investment a recapitalization. The amount was not given.

HighPoint Solutions is a big company already. It has 500 employees now, and last week announced they were building an expansion to their headquarters in East Norriton which will enable them to add another 100 employees to their Philadelphia area workforce. Not all their current employees are based here, because they have several other offices including one in Bridgewater, New Jersey.

The company said in its statement that it is "on a path to, not only, continue their 20%+ YoY growth, but become the largest, privately held consulting firm serving the Life Science & Healthcare marketplace by 2017."

Yesterday, HighPoint announced it was opening its new European headquarters in Geneva, Switzerland on October 1. HighPoint says it expects this to be the first of many global offices as it expands internationally.

HighPoint provides a range of IT services to major pharmaceutical companies and healthcare providers and payers. Technology services include Business Intelligence,Business Process Management, Business Integration, Managed Services,Master Data Management, Sharepoint, and Contract Lifecycle Management. John Seitz is HighPoint's founder and CEO.

HighPoint Solutions should not be confused with New Jersey-based IT provider High Point Solutions, which holds the naming rights to Rutger's football stadium.



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