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Product Development

SoCal Tech Calendar

Thursday, June 14, 2012 -- Software Product Development - How to Triple Your Likelihood of Success. Product development has always been challenging. Software products, while being easier to mold and perfect, offer additional set of management and technical challenges. The industry average rate of success is only 29%.

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Mojix Selected By BP

socalTECH

Los Angeles-based passive RFID tracking technology provider Mojix said last week that it has been selected by BP , for a $7 billion, offshore drilling project. Mojix said it will provide its technology for an oil platform product in the North Sea off the coast of Scotland. mojix offshore drilling rfid wireless tracking asset'

Offshore 157
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Teledyne Signs Oil and Gas Deal

socalTECH

hHousand Oaks-based electronics and instrumentation firm Teledyne Technologies announced this morning that its Teledyne Oil & Gas group has scored a three year agreement with FMC Technologies, to provide interconnect and sensing products and services for FMC's offshore oil and gas business. Size of the deal was not disclosed.

Offshore 133
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5 Steps To Finding The Best Investor For Your Startup

Startup Professionals Musings

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. Personal funds imply the most commitment, and offshore funding is most suspect.

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6 Due Diligence Concerns Before Outside Contracting

Startup Professionals Musings

It’s hard to write a detailed specification on an evolving new service, process, or product that embodies your core competency. Don’t expect a contract company, either offshore, onshore, or near-shore, to implement a vision that is still in your head. Focus on operational processes, rather than innovative new ones. Marty Zwilling.

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7 Ethical Fictions Lead Many New Entrepreneurs Astray

Startup Professionals Musings

New entrepreneurs tend to focus only on getting the product right, and assume that the right culture and ethics will come later simply by hiring good people. As an example, companies often realize that faulty products are slipping out, but they delay a recall, sighting that strictly legal requirements are being met. Marty Zwilling.

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EntComm Sells Division

socalTECH

Gardena-based EntComm , a developer of software-as-a-service products, has sold its product division to a Indian software firm, TAKE Solutions. TAKE is also buying EntComm's offshore operations, which will merge with Take Solutions' center in Chennai. Financial terms of the sale were not disclosed.

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