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VC Ann Winblad on Cloud Computing

June 24, 2009 By Steve Borsch

annwinbladAnn Winblad, a well-known and respected software industry entrepreneur and technology leader (and Minnesota bred entrepreneur!), is the co-founder and a Managing Director of Hummer Winblad Venture Partners. In 1976, following a stint as a systems programmer at the Federal Reserve Bank, Ann co-founded Open Systems, Inc. with a $500 investment, and turned it into a top selling accounting software company; eventually sold for over $15 million.

As a sidenote, I worked for a company called Clothier-Herold Co in the early 1980’s on the side of the firm that represented this little company called “Apple Computer.” The other side of the rep business sold Visicorp (Visicalc, etc.), Microsoft (which, upon going public, I thought would never make it) and a bunch of PC-oriented lines of product. In addition, our firm represented Open Systems, though none of us ever met Ann at the time.

A strategy consultant for prestigious clients such as IBM, Microsoft, Price Waterhouse, and numerous start-ups, Ann has co-authored the book Object-Oriented Software and has written articles for numerous publications. Ann received a BA in mathematics and in business administration from the College of St. Catherine, and an MA in education and international economics from the University of St. Thomas (Minnesota), which also subsequently awarded her an honorary Doctorate of Laws. She currently serves as a director of Voltage Security, Krillion, Mulesource and Star Analytics, a member of the Board of Trustees of St. Thomas www.stthomas.edu, and co-chair of SD Forum www.sdforum.org.

In this Idea Projects video, Ann talks about cloud computing and how by moving technology from location-based servers to a virtual environment, with expanded if not universal access, the opportunities for innovation increase exponentially. As a software funder she sees a trend towards 100% presence on any device at any time.

httpvh://www.youtube.com/watch?v=ip3kgMKvyIw

Filed Under: Innovation, Tech Investors Tagged With: cloud computing

Yugma Struggles

June 23, 2009 By Steve Borsch

yugmaIn a time when the global economy is still in a relative holding pattern, gas prices remain high and more of us are turning to internet-based products and services to meet our needs less expensively and with more power, I assumed that Yugma‘s strong value proposition and rock-solid technology would be ones that would carry them quickly toward profitability.

Turns out that’s not the case.

Though I consulted with Yugma in 2006 and learned first-hand how many competitive offerings there are in the screensharing and web conferencing space, I still was enamored by Yugma and its cross-platform support, along with the ease of use they built in to using it. I’ve kept tabs on their progress for the last couple of years, taking great pains to not write about challenges and difficulties they were facing which I’d learned previously from founder Lingaraj Mishra, since confidences are a key part of my value system and an obvious imperative for the management consulting work I do with clients (i.e., I keep my mouth shut).

An unfortunate turn of events occurred recently when a letter to shareholders was publicly outed by WebConferencingTest and they did this press release stating why they were removing Yugma from their rankings (which I learned about today via this post at SkypeJournal and then learned more from this article at TMCNet).

I reached out to Lingaraj today to get the straight skinny from him about what’s occurring, what’s next, and whether Yugma really does have one foot in the dead pool with the other one poised to step in.  …  [Read More…]

Filed Under: Innovation, MN Entrepreneurs, Startups & Developers

Flyspy Launches

June 11, 2009 By Steve Borsch

flyspyMost plugged in technologists in Minnesota know Robert Metcalf and many of us have been observing his adventure building Flyspy. Today he officially launches it in beta, with a new interface, a rock-solid integration with the leading provider of data to the airline industry, and at a perfect time when we’re all looking for bargains where ever we can find them! His positioning of the value proposition is, “Flyspy isn’t just about finding cheap airline tickets, which you can easily do, it’s about understanding the “marketplace for airfares” so you can make an informed decision.”

Metcalf tells the story on his “about” page on the site:

Years ago I flew from Minneapolis to Williamsport, PA to visit my brother. It took me 8+ hours to search for flights and figure out various travel dates and airport combinations. I thought…

“Why are travel sites so difficult to use (and understand), when I can find anything on Amazon or Google in a few seconds?”

I wanted to see the big picture, I wanted to know all of my options at once. My frustration with the whole process of understanding flights and airfares led me on a seven-year journey to create Flyspy.

If you would like to know why this took so long and why it’s so difficult, read the blog.

Check it out and put some intelligence on your side before you buy that next airline ticket.

Filed Under: MN Entrepreneurs, Startups & Developers

Best Buy at Google I/O

June 3, 2009 By Steve Borsch

Best Buy’s Ben Hedrington and Curtis Thompson were out at Google I/O (Google’s developer conference held May 27 – 28, 2009 at Moscone Center in San Francisco) and were grabbed on the floor at “The Developer Sandbox” to briefly describe how Best Buy is leveraging the Google App Engine.

Google describes the Sandbox: “The Developer Sandbox is a new addition to Google I/O. Comprised of “pods” – demo station areas grouped by product theme – the Sandbox featured a wide range of developers who have built applications based on technologies and products featured at Google I/O. Representing large and small companies, individual developers, and a diverse group of apps, these developers were on hand at the Sandbox to demo their apps, answer questions, exchange ideas, and meet attendees in person. We interviewed many of the Sandbox developers on the ground at Google I/O to pick their brains on their applications, challenges, and best practices.”

View and listen to Ben and Curtis’ descriptions:

httpvh://www.youtube.com/watch?v=r7MlEJC9ZbA

httpvh://www.youtube.com/watch?v=qyIh9ncmiN0

Filed Under: Developer Hub, Events Tagged With: Best Buy

Getting to Know W3i

May 22, 2009 By Phil Wilson

w3i_logoAs usual, the schmoozing at Minnedemo yielded a pleasant surprise. My discovery of a Minnesota company that is known better beyond it’s borders than within them and the CEO of said company. The CEO; Andy Johnson. The company; St. Cloud based W3i.

Many in the Minnesota interactive “space” (I love using that term. It’s so Gene Roddenberry) know Andy from his days at Fingerhut. He was instrumental in moving them into the e-commerce world where he grew their business to some $300 million* before Fingerhut sold in 1999, allowing him  to take some time to recharge and be with family. He eventually joined CMS Direct where he was lured away by three brothers–Rob, Ryan, and Aaron Weber (the W3 of W3i. Yep the “i” is for interactive.)

What does W3i do? According to Johnson, whether you are a small developer with a great Windows based application or part of a monster company like Yahoo!, W3i can get your product on computers, build traffic, and make you money. How?…  [Read More…]

Filed Under: Emerging MN Companies, Internet & Web Tagged With: NativeX

MPR, iPhone and a Codemorphic App

May 12, 2009 By Steve Borsch

mpr-iphone1Listening to Minnesota Public Radio last week after my first meeting of the day, I caught most of a fascinating program on Midmorning called “Discovering China“, a discussion about Simon Winchester‘s latest book and his experiences which chronicle, “…the story of an Englishman’s adventures in China, and his determination to prove to the rest of the world that the Chinese were the first to create technological marvels.”

As I left my car and embarked upon a 15 minute walk from a parking lot to a building in downtown Minneapolis, I was pleased to have remembered my headphones as I fired up the iPhone MPR application developed by Minnesota-based Codemorphic (get the free app here for your iPhone from the iTunes store) and continued listening.

What I didn’t expect was the two minute story about a breakdown of Winchester’s car in the middle of nowhere in China, his iPhone, and what happened next.

After hearing this story and a bit more, I was so intrigued by the program that I wanted to hear it in its entirety, so the next day I went to iTunes and downloaded the 5/4/09 show and, for good measure, subscribed to the MPR Midmorning podcast. Either can be done here on iTunes if you’re interested in hearing the whole show.

  Click this link to listen to the story…

http://media.blubrry.com/minnov8/minnov8.com/site/wp-content/uploads/podcasts/MPR_China_iPhone_Story.mp3

Podcast: Download (3.7MB)

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Filed Under: Internet & Society, Marketing Innovation, MN Entrepreneurs

Sharpen Up Those Business Plans! The ‘Minnesota Cup’ Deadline Is May 22

May 10, 2009 By Graeme Thickins

mncup-logo1Attention all Minnesota startups and would-be startups: only a short time remains to enter the statewide business-plan competition known as The Minnesota Cup — applications are due Friday, May 22, 2009.

Now in its fifth year, the competition is bigger and better in 2009, with more prizes and more opportunities to win.  The total amount of winnings this year was upped to more than $130,000.  And the competition was expanded to now include six divisions — Clean & Green, BioSciences, High Tech, Social Entrepreneur, General, and Student. The first-place winner stands to win as much as $40,000.  But I submit the money isn’t everything — the publicity and connections the winners get from this competition are worth far more.

The MN Cup, in more than doubling its prize money, stands in sharp contrast to a national study that recently reported angel investment dollars were down 26% in 2008.  Yes, Minnesota entrepreneurs should take heart — seed funding is actually on the rise in this case!  And many more founders can now participate in this competition with its newly added business categories.

Twin Cities Business magazine did a story on the 2008 MN Cup winners.  …  [Read More…]

Filed Under: Events, Innovation, MN Entrepreneurs Tagged With: MN Cup, MN Entrepreneurs

Compellent Sure Knows How to Throw a Customer/Partner Event

May 4, 2009 By Graeme Thickins

I’m impressed. Compellent is hosting one helluva gig this week.  If you don’t know this company — well, you should. It’s one of our state’s best technology-industry success stories in recent years. compellent_c-drive09 Compellent is all about data storage, which is very much still a growth industry, despite the recession. Yes, your company should be so lucky to be in a sector like this.

Specifically, Compellent’s product is a simple SAN, or storage area network. The company, which IPOed in October 2007 (NYSE stock symbol: CML), turned in some pretty impressive numbers a few days ago. It announced record revenue in its first quarter of $28.1 million, up 53% from a year earlier, and $1.0 million in net income. The revenue figure was even up 4% from Q4 2008, and it was the company’s fourteenth consecutive quarterly revenue increase. If an emerging Minnesota tech company in this economic environment could be said to be on a tear, Compellent would be it.

The company’s annual business partner and customer event, called C-Drive, is being held this week at the Bloomington Sheraton, and this is clearly the biggest one yet. The business partner portion of the event is May 4-5 (agenda), followed by a networking reception Tuesday evening May 5 for both partners and customers, while the customer portion of the event runs May 6-7 (agenda).  Existing or potential business partners and existing or potential customers may still register for the event, which starts today.  (Media and analysts may also register at the same page.)  It’s obvious that a lot of planning went into this year’s version of the event, which draws attendees nationally and features speakers from partner firms, from Compellent itself, and from some major technology vendors. In addition, industry analysts are among the attendees, and members of the technology press are moderating two panels.

Filed Under: Emerging MN Companies, Events

Best Buy Challenges You to Remix

April 25, 2009 By Steve Borsch

bbc_remix_challengeAnyone born in 1978, and now in their early thirties, never knew a time when there weren’t mainstream personal computers. For the most part, those who entered this world in the late 1980’s (and are in their twenties like my daughter), haven’t lived in a time when PC’s weren’t in their school or at home, and this thing called the ‘internet’ was in place before they were out of grade school.

Best Buy clearly recognizes that these digital natives are voracious users and purchasers of the technology they sell, but they also seem to truly understand that there is an entire ecosystem of these digital natives who have become web developers. These folks are adept and using new faster and more efficient tools (e.g., Ruby on Rails), a “web stack” (i.e., Linux, Apache, MySQL, PHP or LAMP) — along with leveraging the accelerating number of exposed application programming interfaces (API’s) available digital data that’s exposed — and are building and delivering a dizzying array of new web applications, mashups and remixes.

Curiously, the latter term “remix” is usually used in the context of someone taking an original song and mixing in other elements to create a new one, but in my opinion Best Buy has extended that term to include what they’re offering, an open API called “Best Buy Remix.” This API opens up Best Buy’s product catalog, featuring full product information including pricing, availability, specifications, descriptions and images for nearly a million current and historical products and thinking of using all of this to create a ‘remix’ vs. a ‘mashup’ seems to me to be positioning it as being used for an elegant and lyrical web application vs. what many people think of when the term mashup is used: connecting a database to a Google Map and delivering something of interesting but inherently low value.  …  [Read More…]

Filed Under: Developer Hub, Innovation Tagged With: Best Buy

It Was Cloud Week in Minneapolis, and All the Cool Kids (and Old Guys!) Were There

April 21, 2009 By Graeme Thickins

[Note: This post first appeared earlier today on the CloudAve blog.]

What a gorgeous spring week it was in Minnesota last week: clear, sunny, even sneaking into the ’70s.  sunbehindcloud The only “clouds” in sight were the proponents and would-be adopters of the latest, new hotness in enterprise computing.  Two events, on Wednesday and Saturday, attracted a wide array of these IT professionals, some 350 all told, who were hungry to learn more about… well, “the orange that’s the new pink,” as Larry Ellison would say. It was beyond impressive that so many people would give up being outdoors last week after the winter we’ve had in these parts!  Goes to show how deep our IT roots run in this state. Geeks are everywhere here and, doggone it, we’re proud of it!  We still have many old-school enterprise IT folks who remember the days of time-sharing on mainframes, and way more than our per-capita share of Fortune 500 headquarters in this state, all with huge (well, getting leaner) IT departments. But, along with all that, Minnesota has a seemingly endless supply of boot-strapped Internet and software startup developers — folks that are finding they love what cloud computing is doing for them.

So, it was an eclectic bunch that gathered at these two Minnesota cloud events, and I was there to take it all in…. …  [Read More…]

Filed Under: Events, Innovation, MN Entrepreneurs Tagged With: Best Buy, cloud computing, CloudCamp, enStratus

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