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There’s a line of thinking in Silicon Valley that you should build product businesses rather than services businesses. It’s nearly impossible to get a services company financed by VCs. Why Shouldn’t Most Services Businesses Raise VC? Why Build a Services Business in the First Place?
Los Angeles has been in the midst of a technology boom over the last few years, with many of high profile startups growing in the area. We spoke with Bryce Maddock , founder of TaskUs, about the company and how it has been providing the manpower behind a lot of LA''s technology startups. So, what is TaskUs?
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Marty Zwilling.
Los Angeles-based Platinum Equity has acquired OAO Technology Solutions , a provider of managed IT services and solutions based in Maryland, the firm announced this morning. Platinum Equity said it acquired OAO Technology Solutions from an affiliate of J.F. Financial terms of the acquisition were not announced.
Because more technology people probably read startup blogs I’m guessing this post will come under more scrutiny. Still, I believe I’m offering an accurate representation of the ideal configuration of the main technology leaders. Your deepest thinkers on technology architecture are seldom good team leaders.
Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.
Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.
Valencia, California-based Nexus , the information technologyservices provider headed by Deron Pearson, has been acquired by $6 billion IT solutions provider Dimension Data , the two said this morning. nexus dimension data dimensiondata merger acquisition consulting outsourcing' READ MORE>>.
Los Angeles-based Ciena Solutions LLC, a provider of SAP integration management services, has been acquired by NetSol Technologies. NetSol, which provides business outsourcing and enterprise application development, did not disclose financial terms of the buy. NetSol Technologies is based in Emeryville, California.
Shutt was the cofounder of Universal Access, and also co-founded 20/20 Technologies (now Global Capacity). Current CEO and founder Grant Kirkwood becomes Chief Technology and Strategy Officer. Unitas Global provides fully managed private cloud services to enterprises; the company''s backers include Azure Capital and MK Capital.
And of course the most successful technology companies: Google, Facebook, Salesforce.com [duh], Oracle, Microsoft all have loads of sales people. Many young startups are being advised not to have a professional services business and in my opinion this is a big mistake. Professional services = higher rate of successful rollouts.
Agoura Hills-based Aligned TeleHealth , a provider of telemedicine services and technology, said today that it has raised a round of private financing from two individuals. lifescience capital venture telemedicine overseas remote consulting health physician outsourcing telehealth aligned' Size of the funding was not announced.
Aliso VIejo-based UST Global , a provider of IT services and outsourcing, said today that it has acquired four different companies over the past six months expanding its workforce in the US, ASia, India, Europe, and Latin America. ustglobal global venture capital strategic investment merger acquisition outsourcing' READ MORE>>.
The company said Williams was most recently serving as an outsourced CFO to several technology startups, and also had been CFO for a Native American Tribe in the gaming area. Williams also had founded software-as-a-service company Wigot. Unitas Global offers up private cloud services to the enterprise market. READ MORE>>.
Irvine-based Ingram Micro , the big computer and technology distributor and provider of technology and supply chain services, said that its strategic business unit, Ingram micro Commerce & Lifecycle Services , is seeing record growth of its Canadian e-commerce business. READ MORE>>.
April 25, 2011, Irvine, Calif — Tech Coast Venture Network (www.tcvn.org) is hosting the OC Technology Influencer Mixer & Summit 2011, an historic two-day event with partners CompTIA, the world’s largest technology association, the Technology Leadership Political Action Committee and Ingram Micro.
Newport Beach-based The TriZetto Group , a provider of outsourcing of heathcare information technology, reported Tuesday that it has landed a deal with Lovelace Health Plan, a New Mexico-based health plan with roughly 200,000 members. TriZetto said it will provide business process outsourcingservices and software for the health plan.
According to Symphony Service Corp. , a provider of software product engineering services based in Bangalore, India, it has acquired CoreObjects and its delivery centers in Bangalore and Pune, India. Symphony Services said the buy expands its offerings in product development and embedded product development. READ MORE>>.
Once you prove that a substantial number of people are willing to pay more for your solution than it costs you to provide it, you can then consider licensing your underlying technology. Secure Your Intellectual Property Too Early. Grant Exclusivity. Fallacy: Most large organizations are driven by the fear of loss, rather than hope of gain.
Since my background includes software development, I often get the question about when to build a solution in-house, versus outsourcing it to a local company, near-shore service, or off-shore organization in China, India, or Eastern Europe. Don’t outsource your core competency. Technology level. Product or services.
Customer service has always been reactionary, meaning someone to wake up and answer website email requests. Great startups are getting ahead of the game with “anticipatory customer service,” like providing smart phone access to product and account data to head off complaints. Self-service needs to have escape hatches.
Human resources outsourcing provider ADP is launching a new location in Pasadena, looking to tap into the wealth of technical talent with a new Innovation Center on Lake Avenue. ADP offers up payrolls services and other human resources outsourcing. READ MORE>>.
Santa Ana-based CoreLogic , a provider of financial and other information for the mortgage, automotive, property tax, and other areas, said today that it has sold off its India-based captive operations, CoreLogic Global Services Private Limited. About 4,000 CoreLogic employees will be hired by Cognizant, the firms said. READ MORE>>.
Former President of BMW manufacturing, Clemens Schmitz-Justen also joined the company as its head of manufacturing — overseeing the contract manufacturing strategy, which will see the company outsource production of vehicles in the U.S. gallery ids="1815593,1815594,1815595,1815596"]. .
San Diego-based Advantar Laboratories , a provider of contract laboratory services to the drug development industry, has signed an agreement with UK-based firm NextPharma Technologies, a pharmaceutical product development, contract manufacturing, and outsourcingservice. Financial terms of the deal were not disclosed.
Publicly traded sensor technology developer, FLIR Systems , is investing in a strategic round of funding for the outsourced drone imaging company, DroneBase. The two companies are also partnering to provide FLIR’s thermal imaging technology and training services to DroneBase’s stable of pilots.
Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. - First Principles.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
Los Angeles-based LAC Group , a provider of outsourced library, information, and knowledge management services, said today that it has received a private equity investment from TZP Growth Partners I. LAC Group said the recapitalization will help it enhance its technology and systems, recruit additional talent, and expand its services.
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Marty Zwilling.
Anaheim- and Boulder, Colorado-based email services provider SendGrid has linked up with Google App Engine , the Google program which lets developers host their websites on Google''s Cloud. SendGrid said it is the first, third party email service available in the Google Cloud. SendGrid splits its operations between Boulder and Anaheim.
John Tomich: OneStop Internet is an e-commerce services company. We provide a turnkey, back end, managed service offering for brands and retailers on an outsourced basis. We are an option for brands who don''t want to build it themselves in-house, from soup to nuts, or don''t want to outsource to a single vendor.
The two received the Entrepreneur Of The Year 2019 Award in the Services category, one of only 11 categories awarded in the E&Y program. TaskUs recently reached 15,000 employees , by offering up a range of customer service and business process outsourcingservices.
So, how do you help ease enterprise customers into the cloud--or at least, help them use cloud technology to help them with their business goals? It''s all custom, technology agnostic, and very flexible. Companies were saying--we want to outsource these kinds of things, because they''re not our core competency.
Los Angeles-based CoreObjects , a provider of outsourced product development services to the venture-backed technology community, has raised $2.0M Tags: development software outsourced capital venture coreobjects. in a equity funding round, according to a regulatory filing by the firm today. READ MORE>>.
At the same time, it’s a smart manufacturing decision, as American-made quality usually stands head and shoulders above outsourced competition. These range from technology mainstays like Motorola to companies known for pushing the envelope like Tesla. Today, LED powers Maglite’s most popular flashlights feature this LED technology.
If you have a software development background like mine, I’m sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Marty Zwilling.
Calabasas-based National Technical Systems , which provides outsourced engineering and test services, reported this morning that it has named a new Chief Financial Officer. He also has served at MTM Technologies, Advanced Energy Industries, and was previously an audit partner at Ernst & Young. READ MORE>>.
Customer service has always been reactionary, meaning someone has to wake up and answer website email requests. Great startups are getting ahead of the game with “anticipatory customer service,” like providing smart phone access to product and account data to head off complaints. This exemplary customer service is just savvy marketing.
If your forte is a service, like consulting or web site design, it’s harder to find guidance on what will get you funded, and how you can scale your business. With services, scaling the business often implies cloning yourself, since you are the intellectual property and the competitive advantage. Capture your “secret sauce.”
Los Angeles-based TaskUs , which provides outsource customer support and back-end support services for many startups and other technology companies, has named Joe Buggy as its new Chief Operating Officer, the first for the company. TaskUs said that Buggy has more than 30 years of experience.
SD Shibulal is the Chief Operating Officer and one of the seven co-founders of Infosys Technologies, Ltd. - a global consulting and software services powerhouse. Shibu has over 25 years of leadership experience in the area of IT Outsourcing, spanning across sales, delivery, operations, technology and management.
If you have a software development background like mine, Im sure you often get questions about when to outsource, versus building the solution in-house. Outsourcing is defined as contracting the work to another company, usually located in a developing country, like India, China, or Eastern Europe. Marty Zwilling.
According to iRise, General Motors is deploying its visual modeling technology as part of developing new IT systems at the company. iRise said that the win comes thanks to Capgemini, a provider of consulting, technology, and outsourcingservices. Financial impact of the customer win was not disclosed.
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