Daily Links 3/14/2013: NetSuite CEO chides SAP, Microsoft (but not buddy Oracle)





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Redbox Instant ready to open its doors to the public (Gigaom)

NBC Execs Concerned About Matt Lauer's 'Connection' to Audience (Report) (Hollywood Reporter)

Private Equity Firms Fail in Effort to Have Antitrust Case Dismissed (New York Times: DealBook)
The 2005 LBO of Wayne-based SunGard Data Systems is one of the deals included in the suit.

NetSuite CEO Chides Rivals SAP, Microsoft
(Investor's Business Daily)

BioClinica and CoreLab Partners Are One
Combined Company Creates Clear Leader for Imaging Core Lab Services
(Business Wire)

Drug firm expects to grow, but stay more hidden, after merger (Philadelphia Inquirer)


Rowan's research status aids its bid for funding (Courier-Post)

Helping big companies hire, Horsham's iMomentous grows its own workforce (Keystone Edge)

Xtium Launches Desktop as a Service
Partnership with Desktone enables customers to access virtual desktops on any device

(PR Web)

Warby Parker Co-Founder Launches Harry’s, Bringing The Startup’s Buy-One-Donate-One To Shaving (TechCrunch)

Edison Ventures Announces Investment in Arkadium - Fuels Rapid Growth of Multi-Platform Game Developer (PR Web)
Invests $5 million.




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Philly Healthcare IT items from HIStalk; IMS Health, Qliktech, CHOP, Siemens



Tom Paine



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HIStalk is a witty, unconventional blog that is a must read for people in the Healthcare IT industry, with lots of juicy information, written by a guy who works in the industry but remains anonymous to many. This week it has some interesting bits of Philly-related information, including:



  • A  "rumored" price of $100 million for IMS Health's acquisition of Seatlle-based pharma marketing software vendor  Appature, announced yesterday
  • A report from one reader attending HIMSS in New Orleans about QlikTech demoing a CHOP analytics application in its booth and an EPIC (the giant of Healthcare IT) rep taking over the booth to show how Epic can solve the problem
  • Another win for Siemens' MobileMD HIE solution from a Texas healthcare system

And there's more.




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Daily Links 3/13/2013: Monetete adds COO, CFO





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Monetate Rounds Out Leadership Team to Further Drive Company's Growth and Market Momentum
Additions of John Healy, chief operating officer, and David Stetson, chief financial officer, will help SaaS firm respond to the rising enterprise demand for its personalization technology
(PR Newswire)

Why Amazon Prime Could Soon Cost You Next to Nothing (Wired Business)

Comcast will stream on demand shows from HBO, Showtime, and 28 others during free trial week for subscribers (The Verge)

Invidi Strikes Comcast Deal To Extend Addressable TV To 60 Million

Read more: http://www.mediapost.com/publications/article/195744/invidi-strikes-comcast-deal-to-extend-addressable.html#ixzz2NSDGBKVY">Invidi Strikes Comcast Deal To Extend Addressable TV To 60 Million
(MediaPost: Media Daily News)

SAP Opens Singapore-Based Co-Innovation Lab (TechCrunch)

Oracle to acquire cloud management software biz Nimbula (VentureBeat)

Oracle Buys Nimbula For Cloud OS Software, Not OpenStack (TechCrunch)

The Drexel 40 Under 40 (Drexel Magazine)
Some fairly well known names and other interesting people.

ThingWorx Continues to Improve on Developer Efficiency with Version 4.0 (ThingWorx Blog)



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Daily Links 3/12/2013: InstaMed Says It Expects Triple-Digit Growth in Wake of Healthcare Reform





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InstaMed Expects Triple-Digit Growth in Wake of Healthcare Reform (Business Wire)


Pinterest Launches Web Analytics to Track Popular Content
(Ad Age)
"Curalate's CEO Apu Gupta said he views a Pinterest analytics product as a boon to small businesses instead of competition for his company, which is focused on charging big companies for Pinterest analytics."

HP, SAP talking HANA-as-a-service
New acronym! IMCaaS (In-memory-computing-as-a-service)
(The Register)

IMS Health Announces Acquisition of Appature
Leading-Edge, Cloud-Based Marketing Platform for Life Sciences
(Business Wire)

Q&A with Dell Boomi Master Data Management (MDM) Product Manager Rob Moyer (Dell Boomi Blog)


NBCU News chief has long to-do list (LA Times: Company Town)

Comcast's Xfinity Takes 'Angry Birds Toons' (Hollywood Reporter)

Urban Outfitters 4Q profit doubles (AP via CNBC)
Direct to Consumer (eCommerce) revenue rose 44% in quarter; now running at annual rate of
$2.6 billion.

T-Mobile-MetroPCS sails through FCC without even a vote (Gigaom)

Oracle, Montclair State University Settle Bitter Contract Dispute (Information Week)




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California-based Cloud Pharma CRM & CMS vendor Veeva Systems, with sales & marketing based in Radnor, may seek IPO



Tom Paine



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Veeva Systems, a Pleasonton, CA-based cloud CRM and CMS vendor that has rapidly emerged as a leader in serving the pharmaceutical industry, may be considering an IPO, according to a Bloomberg report.

Veeva has its US sales, marketing and customer service functions based in Radnor and has about 50 to 60 employees in the Philly area, said Veeva co-founder and Chief Strategy Officer Matt Wallach, a Wallingford native who is based here, in a telephone interview with Philly Tech News today.

Veeva's CRM solution, which competes against Oracle (Siebel) and Cegedim (formerly Cegedim Dendrite), runs on top of Salesforce.com's Force.com platform. Veeva built its own CMS solution, Vault, which competes with EMC's Documentem offering, from scratch, Wallach says. While Vault is still a relatively small portion of its business, it is growing very rapidly.

Veeva's success might be considered somewhat analogous to that of Workday's, which was founded by PeopleSoft founders whose company was acquired by Oracle. Dave Duffield and Aneel Bhusri left Oracle to start Workday, which provides cloud solutions for Human Reources Management (HRM) and Financials, when Oracle and SAP were slow to respond to the trend towards cloud computing. Likewise, Veeva's founders, Wallach and CEO Peter Gassner, were formerly with Siebel and PeopleSoft respectively, and left after those companies were acquired by Oracle.


Veeva posted a profit in 2012 of $30 million on sales of $120 million, according to sources cited by Bloomberg. Wallach says because of Veeva's vertical focus it has been able to limit its sales & marketing expenses as a percentage of sales, as opposed to companies like Salesforce and Workday addressing broader markets. The company, which was founded in 2007, has accomplished this with an outside investment of only $7 million, $4 million in institutional VC money from Emergence Capital Partners and $3 million in angel funds.

Bloomberg cited sources as saying the company was seeking an IPO valuation of up to $2 billion. Wallach, while not denying that an IPO was a future possibility, said that Veeva had not taken any steps towards that other than presenting at an investment banker's conference, and that a $2 billion valuation reflected someone else's speculation, not the company's or any one connected with it. Veeva is interested in exploring how much it might be worth, though, he said.



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Daily Links 3/11/2013: Dell Boomi unveils Cloud Master Data Management (MDM) offering






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Dell Boomi Takes Next-Generation Master Data Management to the Cloud
Offers features, capabilities and value for mid-size businesses
(Business Wire)

PHD Virtual Transforms Virtual Landscape with Launch of Cloud Backup and Recovery Module
CloudHook Offers Best Value for Local and Offsite Cloud Backups Available Today
(Business Wire)

SAP's Business Suite on HANA starts to win converts (ZDNet)

Comcast Tops in Veeps (Variety)
And I don't this includes NBCU, which is loaded not only with EVPs and SVP's but many
with title of President.


GitHub gains new prominence as the use of open source within governments grows (O'Reilly Radar)
Cites Philadehpia's participation.

Netflix launches global ISP speed index website (Gigaom)

Verizon’s LTE Network Broader, but AT&T’s Is Faster (All Things D)

COMCAST LAUNCHES RESEARCH & DEVELOPMENT GRANTS FUND (Comcast Voices/Comcast Official Corporate Blog)




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Another Penn First: The Startup Un-Conference (Wharton Entrepreneurship Blog)


Philly Tech People News 3/10/2013







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Quintiq welcomes Kim Rhodes as General Counsel (Globe Newswire)

Shawn Leavitt Joins Comcast as Senior Vice President of Global Benefits (Business Wire)

Checkpoint Systems, Inc. Announces Appointment of Marc T. Giles to Its Board of Directors (Business Wire)

Mark Hansinger, Director of U.S. Distribution, DMR and MPS Channel Sales for OKI Data Americas Recognized as one of UBM Tech Channel’s CRN 2013 Channel Chiefs (MyPrintResource)

Z-AXIS names Stitzer Company as mid-Atlantic representative (Z-Axis Website)


Vistar Media, with Invite Media vets as founders and a Philly presence, gets $1.5 million seed funding



Tom Paine



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Vistar Media, a New York-based (according to its website) startup with a Philadelphia office, announced this week it has raised $1.5 million in seed funding led by Valhalla Partners, with participation from Mercury Fund and Ben Franklin Technology Partners. Ben Franklin's investment had already been announced late last year.

Vistar Media's founders, Michael Provenzano and Mark Chadwick, were key members of the team that built real-time bidding (RTB) platform Invite Media (Provenzano a co-founder), the Philly/New York-based startup acquired by Google for a reported $80 million in 2010. They want to bring the same technology to the out of home digital advertising market, including TVs and all kinds of video and digital displays and signage not located in the home.

Although the company has a Philadelphia presence, its unusual to see Ben Franklin back a startup not headquartered in Pennsylvania. Its Philly office seems to be mostly focused on engineering, while New York is more focused on the client side, the same type of split that Invite Media and other adtech firms such as Solve Media evolved to. Of six open positions currently listed on Vistar's website, four are client-facing jobs located in New York,and the other two are engineering jobs of which one is based in Philadelphia and the other is optional between New York and Philly.

Vistar has built out the bidding platform and already has a substantial inventory of impressions and unique locations, according to TechCrunch, and has been working with some initial beta customers.

The out of home digital signage and display market is boooming, from what I've seen in following the industry (including West Chester-based Scala), so the opportunity to help monetize and target the advertising opportunities in that market certainly exists.


Update: A spokesperson for Vistar Media confirms that Engineering is based in Philly, but
doesn't think the company has fully determined its headcount plans here yet. The spokesperson also wanted to clarify that its out of home TV advertising plans doesn't include normal over the air or cable stations, but only Internet-connected screens on which digital advertising can be inserted.



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Daily Links 3/8/2013: Forbes on SevOne's Vess Bakalov





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Workday Results Beat Expectations; Sales Outlook Lags (Investor's Business Daily)

SAP to buy Camilion for insurance software
Camilion tech already embedded in some SAP tools under partnership pact
(Computerworld)

Oracle wins partial victory in school's ERP project lawsuit
But Oracle still faces breach of contract claims by Montclair State University
(Computerworld)

Vess Bakalov's SevOne: Making Big Data Manageable (Forbes)

Inside the Philadelphia Parking Authority's feud with SideCar (NewsWorks)

RT+P Nabs Reyka Vodka Biz (Media Bistro: Agency Spy)

Ready or not, NBC's ‘grooming’ Stern to follow Fallon (New York Post)




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