Posts Tagged ‘FL’
Wednesday, October 19th, 2011
 Software companies dominate on Deloitt’s 2011 Technology Fast 500, an annual ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. Software firms account for 39 percent of the entire list, with 194 companies. Not surprisingly the West is home to the most (37%) Fast 500 tech firms.
Five of the top 10 companies in this year’s rankings are from the software industry, including Avigilon (No. 4), ServiceNow (No. 5), NexJ Systems Inc. (No. 6), Real Matters (No. 7) and HubSpot (No. 8).
MAKO Surgical Corp., an orthopedic medical device company based in Fort Lauderdale, Fl., ranked No. 1.
MAKO Surgical Corp.’s fiscal year revenue of $44.29 million and five year fiscal growth rate of 70,211 percent topped this year’s ranking which is based on the percentage of fiscal year revenue growth from 2006 to 2010.
“Deloitte’s Technology Fast 500 recognizes some of the most exciting technology companies in North America today,” saidEric Openshaw, vice chairman and U.S. Technology, Media & Telecommunications leader, Deloitte LLP. “We are proud to honor MAKO Surgical Corp., and we congratulate all of the ranked companies for their extraordinary achievements.”
The top ten ranked companies are as follows:
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| 2011 Rank |
Company |
Sector |
Revenue Growth(2006 to 2010) |
City, State |
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| 1 |
MAKO Surgical Corp.www.makosurgical.com |
Medical Equipment |
70,211 percent |
Ft. Lauderdale, FL |
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| 2 |
Accedian Networkswww.accedian.com |
Communications/Networking |
50,136 percent |
Saint-Laurent, QC |
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| 3 |
RTI Cryogenics Inc.www.rticryo.com |
Clean Technology |
46,278 percent |
Cambridge, ON |
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| 4 |
Avigilonwww.avigilon.com |
Software |
38,796 percent |
Vancouver, BC |
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| 5 |
ServiceNowwww.service-now.com |
Software |
32,048 percent |
San Diego, CA |
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| 6 |
NexJ Systems Inc.www.nexj.com |
Software |
29,161 percent |
Toronto, ON |
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| 7 |
Real Matterswww.realmatters.com |
Software |
28,265 percent |
Markham, ON |
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| 8 |
HubSpotwww.hubspot.com |
Software |
27,746 percent |
Cambridge, MA |
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| 9 |
AVI BioPharma, Inc.www.avibio.com |
Biotechnology/Pharmaceutical |
25,483 percent |
Bothell, WA |
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| 10 |
ARIAD Pharmaceuticals, Inc.www.ariad.com |
Biotechnology/Pharmaceutical |
19,875 percent |
Cambridge, MA |
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Mark Jensen, managing partner of Deloitte’s national venture capital services group, added, “During the 17 years Deloitte has published this list, some deeply entrenched patterns have evolved. Software companies have dominated year-over-year, and the western and northeastern regions of the U.S. have consistently attracted innovative, high growth companies.”
West region yields highest concentration of Fast 500 companies, followed by Northeast
Overall, the West remains home to the highest concentration of Technology Fast 500 companies (37 percent), trailed by the Northeast (24 percent), Canada (15 percent), Southeast (12 percent), Midwest (6 percent), and Southwest (6 percent).
Software sector dominates – again
Five of the top 10 companies in this year’s rankings are from the software industry, including Avigilon (No. 4), ServiceNow (No. 5), NexJ Systems Inc. (No. 6), Real Matters (No. 7) and HubSpot (No. 8).
The software sector comprises 39 percent of the overall list with 194 companies, followed by biotechnology (15 percent), communications/networking (12 percent) and Internet (11 percent). Medical equipment, scientific/technical instrumentation, semiconductor, computers/peripherals, media/entertainment and clean technology companies round out the remaining 23 percent of the list.
The percentage of companies from industry sectors are represented on Deloitte’s Technology Fast 500 as follows:
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| Sector |
Percent of List |
Fastest-growingCompany in the Sector |
City, State |
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| Software |
39 percent |
Avigilonwww.avigilon.com |
Vancouver, BC |
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| Biotechnology/Pharmaceutical |
15 percent |
AVI BioPharma, Inc.www.avibio.com |
Bothell, WA |
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| Communications/Networking |
12 percent |
Accedian Networkswww.accedian.com |
Saint-Laurent, QC |
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| Internet |
11 percent |
SAY Media, Inc.www.saymedia.com |
San Francisco, CA |
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| Medical Equipment |
7 percent |
MAKO Surgical Corp.www.makosurgical.com |
Ft. Lauderdale, FL |
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| Clean Technology |
5 percent |
RTI Cryogenics Inc.www.rticryo.com |
Cambridge, ON |
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| Semiconductor |
4 percent |
MaxLinear, Inc.www.maxlinear.com |
Carlsbad, CA |
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| Media and Entertainment |
3 percent |
Collectivewww.collective.com |
New York, NY |
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| Computers/Peripherals |
2 percent |
PlumChoicewww.plumchoice.com |
Billerica, MA |
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| Scientific/TechnicalInstrumentation |
2 percent |
Digital Ally, Inc.www.digitalallyinc.com |
Overland Park, KS |
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Technology Fast 500 Ranking Methodology
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year (2006) operating revenues of at least $50,000 USD or CD, and current-year (2010) operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.
Ranking is rounded to the nearest percentage point. Revenue growth is calculated as follows: [(FY'2010 revenue – FY'2006 revenue)/ FY'2006 revenue] x 100. For example, a company with reported revenues of $350,000 in 2006 and$7,500,000 in 2010 would have fiscal year revenue growth of 2,043 percent during the period from 2006 to 2010.
The ranking is compiled from nominations submitted directly to the Technology Fast 500™ Web site, and public company database research conducted by Deloitte. Deloitte has not audited the ranking and, accordingly, does not express an opinion or any other form of assurance on it. Some companies that may be eligible to appear on the ranking are not included because they did not submit the required information or otherwise declined to participate.
For additional detail on the Technology Fast 500™ including the complete list and qualifying criteria, visit www.fast500.com.
As used in this document, “Deloitte” means Deloitte & Touche LLP, a subsidiary of Deloitte LLP. Please seewww.deloitte.com/us/about for a detailed description of the legal structure of Deloitte LLP and its subsidiaries. Certain services may not be available to attest clients under the rules and regulations of public accounting.
SOURCE Deloitte
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Tags: Accedian Networks, Billerica, CA, Cambridge, CO, Dallas, Deloitte 2011 Technology Fast 500, Englewood, FL, Ft. Lauderdale, Hubspot, KS, M&A, MAKO Surgical, New York, NexJ Systems, NY., Overland Park, QC, Real Mattters, RTI Cryogenics, Saint-Laurent, San Diego, San Francisco, TX
Posted in Biotech, Cloud, Energy, games, Hardware, Healthcare, Internet/New Media, IT, Mobile, Pharma, Studies, surveys, reports, video | Comments Off
Tuesday, October 18th, 2011
 Gartner Inc. analysts warned IT managers that they see a second recession on the horizon and that IT managers face a period of “unprecedented uncertainty,” according to a Computerworld report.
Speaking at the annual Gartner Symposium/IT expo in Orlando, FL, the Gartner analysts told IT managers they may need to “reimagine” their departments for a post-modern world of information, collaboration, and mobility, all of which will lead to users seeking higher levels of interaction with companies.
Peter Sondergaard, the firm’s head of research, said, “The second recession is about to hit.”
The Gartner analysts suggested that IT managers consider “creative destruction,” by knocking down organizational walls so companies can innovate together. Analyst Tina Nunno urged, “Embrace calculated risk.”
Tags: FL, Gartner, Orlando, Peter Sondergaard, Symposium/IT expo, Tina Nunno
Posted in Uncategorized | Comments Off
Wednesday, August 24th, 2011
 SAN FRANCISCO – JustAnswer, a paid Q&A website, has listed its Top Five Most Curious Cities in the U.S. While New York, NY – the nation’s most populous city with over nine million residents – ranked number one in total questions asked, it isn’t anywhere near the top. That distinction goes to Naples, FL, whose total number of questions asked represented 12.01% of the city’s total population of 21,653, making it nearly 38 times more curious than The Big Apple, which came in at .32%.*
Rounding out the Top Five Most Curious Cities (based on percentage of population) in the U.S.:
2. Littleton, CO: 8.41%
3. Spring, TX: 6.68%
4. Sarasota, FL: 5.31%
5. Marietta, GA: 4.62%
“Since the Experts on JustAnswer began answering questions in 2003, we’ve always been intrigued by where the pockets of curiosity are around the country. While we’re not surprised to discover that the nation’s largest urban cities asked the most total questions, we’re very intrigued by the online engagement of smaller cities, such as Littleton, CO and Spring, TX,” said Andy Kurtzig, Founder and CEO of JustAnswer.
How Major U.S. Cities Stack Up in the Curiosity Department
Among U.S. cities with populations of over 400,000, Atlanta, GA topped the rankings with questions asked representing 2.44% of its population, followed by:
2. Miami, FL: 2.16%
3. Minneapolis, MN: 1.87%
4. Las Vegas, NV: 1.55%
5. Denver, CO: 1.44%
A Tale of Two Cities: What’s In a Name?
When it comes to asking questions, two cities can share a name, but not necessarily their curiosity quotient. While Naples, FL topped the JustAnswer ranking of most curious cities, Naples, NC accounted for only two questions.
Similarly, Portland, OR (47th), Philadelphia, PA, (96th) and Memphis, TN (97th) far outdistanced their namesakes, Portland, MO, Philadelphia, MO and Memphis, IN, which combined for a total of just four questions asked.
*Rankings are based on an estimate of user location according to the IP address of the computer used to visit the JustAnswer website between June 2010 and June 2011. Population figures are from the United States Census Bureau. JustAnswer does not identify or record actual locations or addresses of its users.
Tags: CO, FL, GA, Just Answer, Littleton, Marietta, Memphis, Naples, NY., OR, Philadelphia, Portland, Spring, top five curious cities, TX
Posted in Florida, Georgia, Internet/New Media, Studies, surveys, reports | Comments Off
Thursday, June 9th, 2011
 Be proactive and take measures to protect your mobile devices With app security breaches in the news, this new report by Orlando-based Panda security on the current and future state of smartphone malware is very timely. Panda also offers seven tips on how to keep your mobile devices secure.
Panda Security , the Cloud Security Company, has released the report in participation with other members of Spain’s National Cyber-Security Advisory Council(CNCCS) on the history, current state and future of mobile malware.
Now available for the first time in the United States, the “Smartphone Malware Report” aims to raise awareness of the threats affecting mobile devices as well provides tips individuals can follow to avoid falling victim to mobile threats.
“One of the major challenges security vendors face is user mobility,” said Luis Corrons, technical director of PandaLabs. “Enhancing the security of cell phones — through anti-malware, data protection, management and security audit functions — is a major challenge for any security department, and we must tackle this threat as soon as possible in order to help protect users’ information and businesses.
“Even though cell phone malware is not a priority for cyber-crooks yet, we are starting to see the first major attacks on these platforms. We predict that the next few months will see significant growth in cell phone attacks, especially on Google’s Android operating system.”
“Security vendors have long warned about the fact that cell phones would overtake PCs as the primary cyber attack target, and 2010 has showed the first signs of that. We believe 2011 will really mark a turning point in this field,” explained David Barroso, director of e-crime at Council member S21sec.
Smartphone Malware Report Overview:
Key topics covered in the report include:
- The history of mobile devices, and the evolution of the smartphone market from its onset to the present day
- Mobile device security issues and threat vectors
- The history of threats targeted the platform, including Cabir, WinCE.Brador.A , Skulls, Pbstealer, CxOver, Ikee.A and Ikee.B, Droid09 and modern Man-in-the-Mobile attacks
- Predictions for the future, including schemes that target mobile banking applications and capture sensitive information, programs that track users’ locations through GPS, advanced social engineering attacks, and mobile worms that scan all devices connected to WiFi networks and exploit vulnerabilities to transmit malicious code to other system.
How Can You Protect Your Mobile Device?
Lack of security awareness among cell phone users and carelessness are two of the most important risk factors for smartphones. It is extremely important to understand that a smartphone is far more than just a phone and should be treated more like a computer due to the valuable information it stores.
To protect your mobile device, the CNCCS offers a series of best practices. These include:
- Enable access protection measures such as a PIN or password
- Configure the smartphone to automatically lock after a minute or so being idle
- Disable features not in use such Bluetooth, infrared or WiFi
- Before installing or using new smartphone apps or services, check their reputation and only install applications from trusted sources
- Keep your operating system and software applications up to date
- Be wary of any files, links or numbers received from unsolicited email or SMS messages
- Avoid using untrusted WiFi networks
Tags: current and future state of smartphone malware, FL, Orlando, Panda Security, seven steps to protect your smartphone, smartphone malware report
Posted in Florida, Internet/New Media, IT, Security, smartphones, Studies, surveys, reports | Comments Off
Tuesday, May 24th, 2011
 VIERA, FL – SkyCross, which develops and makes advanced antenna and radio frequency solutions, has closed on an $11 million, the first installment of its E round of financing. The company said it expects to close a second tranche in the round, up to $15 million, by early June. It says this is likely to be its final round of equity financing.
The capital raised will be used to support the company’s rapidly increasing business in Asia and the United States.
Significantly, the round includes new equity from DOCOMO Capital as a strategic investor. DOCOMO Capital is a corporate venture arm of NTT DOCOMO, the world’s leading mobile operator. Existing investors including TL Ventures, Investor Growth Capital, Gabriel Venture Partners, Intel Capital, and a group of long standing individual investors also participated.
SkyCross continues to grow due to strong global demand for the company’s unique RF technology and design expertise for wireless products, such as tablets, smartphones, and multiband USB modems. Increasingly, these devices require multiple antennas, creative 3D design and manufacturing techniques, and 4G MIMO functionality for LTE.
“SkyCross technology and expertise are key factors in meeting the growing, worldwide demand for 4G/LTE wireless devices,” said Tomoya Hemmi, President and CEO of DOCOMO Capital, Inc. “MIMO antenna technology is a key enabler of LTE performance, and SkyCross solutions address this global market need. We are pleased to participate in this round as a new strategic investor.”
Tags: 4G, advanced antennas, financing, FL, last venture round, mobile, RF solutions, SkyCross, Viera, wireless hardware
Posted in Florida, Hardware, Money, smartphones, Telecommunications | Comments Off
Tuesday, May 24th, 2011
 NEW YORK – PAETEC Holding Corp. (NASDAQ GS: PAET), a nationwide provider of comprehensive communications solutions, today announced the launch of an expanded portfolio of cloud-based products and the planned deployment of new data centers coast-to-coast. The move comes on the heels of a national study that says the majority of U.S. data centers are running out of space.
As part of its overall cloud and data center strategy and leveraging its breadth and depth of experience in the cloud and data center space, PAETEC plans to add 13 data centers coast-to-coast by the end of 2012 to its current set of seven centers which will result in the company operating 20 centers nationwide.
“With the advent of high-speed networks and continued migration of network intelligence into the cloud, the need for these network-based services has increased dramatically and we see that trend continuing into the future,” said Arunas Chesonis, chairman and CEO of PAETEC.
ETEC currently has data centers in Andover, Mass., Bethlehem and Conshohocken, Pa., Richmond, Va., Milwaukee, Wis., Houston, Tex., and Phoenix, Ariz.
In 2011, the company has plans to expand to McLean, Va., Tampa, Fla., Columbus, Ohio, Detroit, Mich., and Charlotte, N.C. In 2012, data centers are also planned for Dallas, Tex., Chicago, Ill., Northern California, Rochester, N.Y., Pittsburgh, Pa., Denver, Co., Atlanta, Ga. and a location in the Pacific Northwest.
Tags: Atlanta, Charlotte, FL, GA, McLean, NC, new data centers planned, PAETEC, Tampa, VA
Posted in Carolinas, Economic Development, Florida, Georgia, Hardware, IT, North Carolina, Potomac, Virginia | Comments Off
Friday, May 13th, 2011
 DELRAY BEACH, FL – GridGlo, a startup specializing in data fusion and the development of smart grid applications, has raised $1.2 million capital raise from, CUBRC, a Buffalo, NY-based research organization with deep data fusion expertise developed over decades serving the Department of Defense and other Government agencies. The company said the deal is a strategic partnership.
GridGlo’s new cloud-based, platform-as-a-service (PaaS) solution aggregates petabytes of advanced metering infrastructure data and analyzes it by applying proprietary algorithms and advanced data fusion processes.
Data fusion is the science of combining disparate sources of data to develop inferences and continually refine them, and GridGlo is the first to leverage this approach to derive novel insights from energy consumption data. GridGlo enriches usage data with consumer behavioral, demographic and premises-specific information, providing new ways for utilities to drive customer engagement and forecast, segment and monetize their market opportunities.
One of the first applications GridGlo has developed with this approach is the Energy People Meter, a FICO-like score for energy consumers. An EPM score is a real-time digital fingerprint of a customer’s energy behavior. EPM scores range from 1 to 1000, with a higher score reflecting a user who consumes energy efficiently, has predictable consumption patterns, and is actively improving his or her energy consumption behavior.
GridGlo and its utility partners are also testing a number of other applications, such as a forecasting tool to reliably predict demand on an individual-premise basis and a demand response scenario builder to predict the impact of future demand response events. In addition, GridGlo is testing a risk management tool for identifying potential abandonment, energy theft, and consumer financial health.
“The smart grid today is like the wireless industry of the early 2000s – a market of great latent potential nearing an inflection point,” said Isaias Sudit, founder and CEO of GridGlo. “With reams of data constantly being generated by AMI and other smart grid systems, we see tremendous opportunity in unlocking the value of that data and know we have the right technology and approach to do so.”
Tags: Buffalo, CUBRC, Delray Beach, Energy, financing, FL, GridGlo, NY., smartgrid data platform
Posted in Energy, Florida, IT, Money | Comments Off
Wednesday, May 11th, 2011
 MIAMI – Open English, an online language school for Latin Americans, ahs raised $4.25 million in a B round of funding led by existing investor Flybridge Capital Partners. The company raised a $6 million first round.
Founded in 2007, Open English says it provides a revolutionary new approach to English language learning which combines live instruction with native English-speaking teachers and multi-media learning content customized to each learner. Open English students study from their home or office and avoid inconvenient scheduling, long commute times, high tuition costs, and outdated books and CD-ROMs.
The company serves a large and rapidly growing global market, initially targeting Spanish speakers in the Americas. Live instruction with native English speaking teachers and multi-media learning content, is all provided over the internet.
“Over the past 10 years, there has been a dramatic increase in broadband Internet usage in South America. This, along with the emergence of a robust middle class in which English is a critical component for career advancement, has created an exciting opportunity for English language-learning programs throughout the South American region,” says Jon Karlen, general manager, Flybridge, who is on the company’s board.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: FL, Flybridge Capital, Jon Karlen, Miami, online language school, Open English
Posted in Florida, Internet/New Media, Money | Comments Off
Friday, May 6th, 2011
 ORLANDO – Row Sham Bow Inc., an electronic game developer startup, has raised $1.5 million of an equity financing aimed at $3 million, according to a regulatory filing.
Row Sham Bow – a name derived from the Japanese term for the game Rock–paper-scissors, says its mission is to “create fun games anyone can play.”
Former Electronic Arts Tiburon VP Philip Holt, CEO and president, founded the company in March.
The company has asked Orlando for $114,000 and the state for $570,000 in economic development incentives. It says it will create 60 high-paying jobs.
The company disclosed the financing in a filing with the U.S. Securities and Exchange Commission.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Tags: Electronic Arts, electronic games startup, financing, FL, Orlando, Philip Holt, Row Sham Bow, Tiburon
Posted in Florida, Internet/New Media, IT, Money | Comments Off
Thursday, May 5th, 2011
 For the seventh year in a row, CEOs rate Texas as the #1 state in which to do business and California as the worst. North Carolina maintained its #2 rank, while Florida rose three positions to the #3 spot. Tennessee fell one slot from last year to #4 while Georgia climbed two positions to claim the #5 rank.
Chief Executive magazine’s annual “Best & Worst States” survey takes the pulse of CEOs on business conditions around the nation. For the 2011 survey, 550 CEOs from across the country evaluated the states on a broad range of issues, including regulations, tax policies, workforce quality, education resources, quality of living and infrastructure.
“A handful of states have made business-friendly policies a priority,” says J.P. Donlon, Editor-in-Chief ofChief Executive magazine and ChiefExecutive.net. “These forward-thinking states are the exception rather than the rule and include Utah, Arizona, Florida, Tennessee, Louisiana, Texas and Oklahoma.”
CEOs voted California as the worst state in 2011, with New York, Illinois, New Jersey and Michiganrounding out the bottom five.
“ABC — Anywhere But California,” said T.J. Rodgers, CEO of Cypress Semiconductor, a $668 million chip maker headquartered in San Jose, California, and with plants in 10 countries. “It’s expensive, it’s hostile to business, and environmental regulations are more of a drag on business than protecting the environment.” Cypress Semiconductor’s headcount in California peaked at 1,500. It’s now down to about 600.
With finances in shambles due to the weak economy, many states have been increasing tax rates.
“Today’s ‘soak the rich’ mentality hits business leaders especially hard,” says Marshall Cooper, CEO ofChief Executive magazine and ChiefExecutive.net. “CEOs and entrepreneurs vote with their feet — and also pack up jobs and investment with them when they leave.”
It’s interesting that North Carolina, which has one of the highest tax rates in the Southeast, maintains its number two position, largely due to the talent available through its eduction system and its quality of life. It’s education system is about to take a huge cut as the state wrestles with the same type of budget deficit that plagues other states.
TechJournal South is a TechMedia company. TechMedia presents the annual conferences:
SoutheastVentureConference: www.seventure.org
Internet Summit: www.internetsummit.com
Digital East: www.digitaleast.com
Digital Summit: www.digitalsummit.com
Georgia’s rise is also interesting. Another recent report noted that Georgia is right at the top when it comes to startup activitity, with more than 500 businesses a month launching.
Tags: Best States for Business, Chief Executive Magazine, FL, GA, NC, states ranked, Texas, TN
Posted in Carolinas, Florida, Georgia, North Carolina, Other SE, Tennessee | Comments Off
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