They're Doin' It and Doin' It Well
First Black Business Web Video Series Launches at doinitnetwork.com
RICHMOND, Va., /PRNewswire/ --
Timothy Dean certainly has master chef credentials. He's studied with world renowned chefs like Jean Louis Palladin and
Gunther Seeger. He's worked at prestigious restaurants in France, and in the states,
including the St. Regis in Washington D.C.
And his cooking skills have been featured on the Food Network, and in
Black Enterprise Magazine.
But what makes Timothy a successful restaurant owner isn't just
original culinary creations like the succulent crowd favorite Chilean Sea
Bass with Yukon crust, or the Chicken and Waffles special he serves up
weekly. It's his ability to combine great food, great atmosphere, and a
great business model.
The Doin' It Network -- the nation's first multichannel black business
network -- launches their video series this week with a new web video
series called "Doin' It -- Business Edition". The series opener features a
close up and personal interview with the legendary Timothy Dean. The
interview is available for viewing now at http://www.doinitnetwork.com.
The Doin' It Network to date has included an XM Radio program, a
newspaper column scheduled to launch in October, an interactive website,
and live speaking engagements -- all dedicated to black business. The video
series rounds out the network's reach.
"We're excited about adding our video unit to the network. Obviously
web video is a powerful new channel for delivering content to
African-Americans, and we're happy to be the first black business web video
series. We're shooting all our footage in hi definition, so we're
absolutely ready when we launch this programming on cable television as
well," says Foster.
"When we started the network, we committed to bringing the very best
black business minds in the fields of academia, corporate, entertainment,
consulting, and entrepreneurship to America. Timothy Dean is an A-list
talent both as an entrepreneur, and as a chef. We're pleased to be
delivering on our promise."
Other high profile featured guests on the new web series are scheduled
to air over the next few weeks are world-renowned University of Maryland
physicist, Dr. James Sylvester Gates, General President of the prestigious
black Greek organization Alpha Phi Alpha, Darryl Matthews, and Sundown
Towns author, Jim Loewen.
For more information on sponsorships, syndication, licensing, or
speaking engagements, contact information is as follows:
Moses Foster, President and Host
Phone: 804 519-8848,
Email: mofoster@doinitnetwork.com
Web: http://www.doinitnetwork.com
News of these happenings is extremely well received - and at no better time. Entrepreneurial leadership and support forAfrican Americans in Richmond is going to have a profound social effect for several demographics, as well as creating a big new flush of business for folks like us at Wheat Systems who serve the small-and-medium-business (SMB) market. However - any major influx of education and support for entrepreneurs, regardless of race, is of a big benefit to the city of Richmond and the continued flourishing of our business markets.
At Wheat Systems, we offer a ton of services and products to help small businesses and brand new start-ups to get the ball rolling and keep their budget down. If you need anything from a laptop, to internet service, to business technology consulting - we can help. Stop off at our website (www.wheatsystems.com) and request a free 2 hour consultation - you'll be glad you did.
Friday, October 13, 2006
Wednesday, October 11, 2006
In Richmond, ex-Fed chief says: 'The system is dysfunctional'
BY BOB RAYNER
TIMES-DISPATCH STAFF WRITER
Oct 11, 2006
Alan Greenspan, famed for his linguistic gymnastics, spoke with uncommon clarity in Richmond last night.
He said the decline in the housing market may be moderating, warned of the dangers of protectionism and suggested that a bipartisan ticket could capture the White House in 2012.
The former Federal Reserve chairman, who retired in January after 19 years, sees hints of stability in the drooping U.S. housing market.
"It may be too soon to say that it's over. It may not be too soon to say that the worst is over," he told a Richmond Marriott crowd of 1,700, all guests of Davenport & Co. LLC, a local brokerage firm.
He lamented the political polarization within Washington, with Republicans moving further to the right and Democrats to the left.
"The system is dysfunctional. It does not work. It is not something the American people are proud of."
Greenspan speculated that a moderate national ticket in 2012, with a Republican and a Democrat running together, could emerge as a tonic to hyper-partisanship.
"I bet you they win," he said.
He warned that protectionism would ultimately hurt the standard of living here.
"People think we can shut our borders to goods coming in and that will protect jobs. It will not."
He also touted the benefits of immigration: "Our history has been one of open borders, essentially absorbing population after population."
Mexicans come here for jobs that pay more than those at home, he said.
"These people just want to succeed and they view the United States as the golden land and we're not going to keep them out. . . . They have the spirit our forefathers had."
Greenspan believes the problems facing Social Security can be solved because the funding needs are reasonably predictable. "If we could put together nonpartisan Republicans and Democrats, we could solve Social Security in 15 minutes."
He is less sanguine about Medicare, where future costs are exceedingly difficult to predict.
Because people are not paying for medical care from their own pockets, "they will largely just seek as much as they can." Proposals for reform "always seem to mean more not less care."
Greenspan rejected one approach: "It cannot be solved by raising taxes."
Contact staff writer Bob Rayner at brayner@timesdispatch.com or (804) 649-6073.
I wish that I myself had had the chance to attend this function - I'd love to hear the Span in person. I'm grateful that he graced Richmond with this speaking engagament. His comments on the coming burst of the housing bubble are not falling on deaf ears in Richmond, VA - all of the major developers have taken heed (although this is obviously not the first time it's been predicted, of course) in their plans - including the Cloverleaf mixed use revitalization and the future Rockett's Landing mixed use area downtown.
His comments about protectionism are really nothing but an exercise in learning from the past and not repeating our mistakes - in every major influx of every demographic group into this country thus far, there has been a major controversy between the more established groups already living in America and the new droves of "foreigners."
BY BOB RAYNER
TIMES-DISPATCH STAFF WRITER
Oct 11, 2006
Alan Greenspan, famed for his linguistic gymnastics, spoke with uncommon clarity in Richmond last night.
He said the decline in the housing market may be moderating, warned of the dangers of protectionism and suggested that a bipartisan ticket could capture the White House in 2012.
The former Federal Reserve chairman, who retired in January after 19 years, sees hints of stability in the drooping U.S. housing market.
"It may be too soon to say that it's over. It may not be too soon to say that the worst is over," he told a Richmond Marriott crowd of 1,700, all guests of Davenport & Co. LLC, a local brokerage firm.
He lamented the political polarization within Washington, with Republicans moving further to the right and Democrats to the left.
"The system is dysfunctional. It does not work. It is not something the American people are proud of."
Greenspan speculated that a moderate national ticket in 2012, with a Republican and a Democrat running together, could emerge as a tonic to hyper-partisanship.
"I bet you they win," he said.
He warned that protectionism would ultimately hurt the standard of living here.
"People think we can shut our borders to goods coming in and that will protect jobs. It will not."
He also touted the benefits of immigration: "Our history has been one of open borders, essentially absorbing population after population."
Mexicans come here for jobs that pay more than those at home, he said.
"These people just want to succeed and they view the United States as the golden land and we're not going to keep them out. . . . They have the spirit our forefathers had."
Greenspan believes the problems facing Social Security can be solved because the funding needs are reasonably predictable. "If we could put together nonpartisan Republicans and Democrats, we could solve Social Security in 15 minutes."
He is less sanguine about Medicare, where future costs are exceedingly difficult to predict.
Because people are not paying for medical care from their own pockets, "they will largely just seek as much as they can." Proposals for reform "always seem to mean more not less care."
Greenspan rejected one approach: "It cannot be solved by raising taxes."
Contact staff writer Bob Rayner at brayner@timesdispatch.com or (804) 649-6073.
I wish that I myself had had the chance to attend this function - I'd love to hear the Span in person. I'm grateful that he graced Richmond with this speaking engagament. His comments on the coming burst of the housing bubble are not falling on deaf ears in Richmond, VA - all of the major developers have taken heed (although this is obviously not the first time it's been predicted, of course) in their plans - including the Cloverleaf mixed use revitalization and the future Rockett's Landing mixed use area downtown.
His comments about protectionism are really nothing but an exercise in learning from the past and not repeating our mistakes - in every major influx of every demographic group into this country thus far, there has been a major controversy between the more established groups already living in America and the new droves of "foreigners."
Tuesday, October 10, 2006
Google will buy video site YouTube for $1.65 billion
Company hopes to take its place in the video revolution, but some say they expect copyright suits
The Associated Press
Oct 10, 2006
SAN FRANCISCO -- Google Inc. is snapping up YouTube Inc. for $1.65 billion in a deal that catapults the Internet search leader to a starring role in the online video revolution.
The all-stock deal announced yesterday was hinted at last week. It came just hours after YouTube unveiled three agreements with media companies in an apparent bid to escape the threat of copyright-infringement lawsuits.
The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history.
YouTube will continue to retain its brand, as well as all 67 employees, including co-founders Chad Hurley and Steve Chen. The deal is expected to close in the fourth quarter of this year.
While most videos posted on YouTube are homemade, the site also features volumes of copyrighted material -- a problem that has caused some critics to predict the startup eventually would be sued into oblivion, much like the once-popular music-sharing site Napster.
But Hurley and Chen, 28, have spent months cozying up with major media executives in an effort to convince them that YouTube could help them make more money by helping them connect with the growing number of people who spend most of their free time on the Internet.
While Google has been hauling away huge profits from the booming search market, it hasn't been able to become a major player in online video.
Investors applauded the possible acquisition as Google shares climbed $8.50, or 2 percent, to close at $429 on the Nasdaq Stock Market.
Several other suitors, including Microsoft Corp., Yahoo Inc. and News Corp., reportedly have discussed a possible YouTube purchase in recent weeks.
Google's YouTube coup may intensify the pressure on Yahoo to make its own splash by buying Facebook.com, the Internet's second most popular social-networking site. Yahoo has reportedly offered as much as $1 billion for Palo Alto-based Facebook during months of sporadic talks.
Since Hurley and Chen founded the company in February 2005, YouTube has blossomed into a cultural touchstone that shows more than 100 million video clips per day. The video library is eclectic, featuring everything from teenagers goofing off in their rooms to William Shatner singing "Rocket Man" during a 1970s TV show. The clips are submitted by users.
YouTube's worldwide audience was 72.1 million by August, up from 2.8 million a year earlier, according to comScore Media Metrix.
As its negotiations with Google appeared to near fruition, YouTube yesterday announced new partnerships with Universal Music Group, CBS Corp. and Sony BMG Music Entertainment. Those alliances followed a similar arrangement announced last month with Warner Music Group Inc.
Yes, I know, this isn't specifically Richmond news, I realize that, but it was just too juicy not to repost. This is huge. I'm really surprised YouTube is worth that much money - I mean, it's doing extremely well and is carving a ledge into pop culture (case in point, Dane Cook is a YouTuber) but $1.65 billion? That's a spicy meatball. So when should we expect to see major changes on YouTube? Supposedly they won't be changing much, but I'm guessing that those numbers in the "views" column will be doubling within the next week for everything posted on the front page.
Company hopes to take its place in the video revolution, but some say they expect copyright suits
The Associated Press
Oct 10, 2006
SAN FRANCISCO -- Google Inc. is snapping up YouTube Inc. for $1.65 billion in a deal that catapults the Internet search leader to a starring role in the online video revolution.
The all-stock deal announced yesterday was hinted at last week. It came just hours after YouTube unveiled three agreements with media companies in an apparent bid to escape the threat of copyright-infringement lawsuits.
The price makes YouTube, a still-unprofitable startup, by far the most expensive purchase made by Google during its eight-year history.
YouTube will continue to retain its brand, as well as all 67 employees, including co-founders Chad Hurley and Steve Chen. The deal is expected to close in the fourth quarter of this year.
While most videos posted on YouTube are homemade, the site also features volumes of copyrighted material -- a problem that has caused some critics to predict the startup eventually would be sued into oblivion, much like the once-popular music-sharing site Napster.
But Hurley and Chen, 28, have spent months cozying up with major media executives in an effort to convince them that YouTube could help them make more money by helping them connect with the growing number of people who spend most of their free time on the Internet.
While Google has been hauling away huge profits from the booming search market, it hasn't been able to become a major player in online video.
Investors applauded the possible acquisition as Google shares climbed $8.50, or 2 percent, to close at $429 on the Nasdaq Stock Market.
Several other suitors, including Microsoft Corp., Yahoo Inc. and News Corp., reportedly have discussed a possible YouTube purchase in recent weeks.
Google's YouTube coup may intensify the pressure on Yahoo to make its own splash by buying Facebook.com, the Internet's second most popular social-networking site. Yahoo has reportedly offered as much as $1 billion for Palo Alto-based Facebook during months of sporadic talks.
Since Hurley and Chen founded the company in February 2005, YouTube has blossomed into a cultural touchstone that shows more than 100 million video clips per day. The video library is eclectic, featuring everything from teenagers goofing off in their rooms to William Shatner singing "Rocket Man" during a 1970s TV show. The clips are submitted by users.
YouTube's worldwide audience was 72.1 million by August, up from 2.8 million a year earlier, according to comScore Media Metrix.
As its negotiations with Google appeared to near fruition, YouTube yesterday announced new partnerships with Universal Music Group, CBS Corp. and Sony BMG Music Entertainment. Those alliances followed a similar arrangement announced last month with Warner Music Group Inc.
Yes, I know, this isn't specifically Richmond news, I realize that, but it was just too juicy not to repost. This is huge. I'm really surprised YouTube is worth that much money - I mean, it's doing extremely well and is carving a ledge into pop culture (case in point, Dane Cook is a YouTuber) but $1.65 billion? That's a spicy meatball. So when should we expect to see major changes on YouTube? Supposedly they won't be changing much, but I'm guessing that those numbers in the "views" column will be doubling within the next week for everything posted on the front page.
Thursday, October 05, 2006
Kaine: Va. is a global player
He tells business leaders that state's assets, attitude can yield economic strength
BY REX BOWMAN
TIMES-DISPATCH STAFF WRITER
Oct 5, 2006
ROANOKE -- Gov. Timothy M. Kaine told state business leaders yesterday that Virginia can be "one of the winners" in a cutthroat global economy, if it nurtures its assets and determines to fight.
"We ought to decide that we want to be winners and do what it takes to be winners," Kaine told attendees at the 58th Virginia Conference on World Trade, held at the Hotel Roanoke.
"Attitude toward globalization is a key component," Kaine said. "So many communities in Virginia have lost jobs overseas, have lost economic opportunities. In many parts of Virginia there is understandable anxiety about the global economy. Can we acknowledge that anxiety but really go after global connections? We are better positioned than any other state to be winners in a global economy."
Virginia exported $12.2 billion of merchandise last year, and more than twice that much in imports passed through the state, according to the Virginia Economic Development Partnership
State's in a good position
Kaine, speaking to hundreds of business leaders and entrepreneurs, said other states might have reasons to be wary of international trade agreements. But Virginia has assets, such as Washington Dulles International Airport and the port at Hampton Roads, that position it to benefit from increasing global trade.
Economic forecasters see a growth in retail imports in the next five years, as well as a rise in the import of parts for U.S. manufacturers. U.S. exports also are rising and have increased by $321 billion annually over the past decade, according to the governor's office.
Kaine said Virginia can exploit its rail lines, airports and port facilities because they are attractive to international companies looking to get their products into the nation's heartland. At the same time, he said, the state can lure foreign companies to Virginia because they have easy ways to export their products.
"We've got to turn a friendly face to globalization and foreign investment in the United States," Kaine said.
Private companies and governments already are moving to meet the increasing demand for freight-handling in Virginia brought about by global trade.
I admit that I am posting a lot of pro-Virginia businessrelated articles. Although they many not give you much additional direction, they certainly do build up the confidence.
He tells business leaders that state's assets, attitude can yield economic strength
BY REX BOWMAN
TIMES-DISPATCH STAFF WRITER
Oct 5, 2006
ROANOKE -- Gov. Timothy M. Kaine told state business leaders yesterday that Virginia can be "one of the winners" in a cutthroat global economy, if it nurtures its assets and determines to fight.
"We ought to decide that we want to be winners and do what it takes to be winners," Kaine told attendees at the 58th Virginia Conference on World Trade, held at the Hotel Roanoke.
"Attitude toward globalization is a key component," Kaine said. "So many communities in Virginia have lost jobs overseas, have lost economic opportunities. In many parts of Virginia there is understandable anxiety about the global economy. Can we acknowledge that anxiety but really go after global connections? We are better positioned than any other state to be winners in a global economy."
Virginia exported $12.2 billion of merchandise last year, and more than twice that much in imports passed through the state, according to the Virginia Economic Development Partnership
State's in a good position
Kaine, speaking to hundreds of business leaders and entrepreneurs, said other states might have reasons to be wary of international trade agreements. But Virginia has assets, such as Washington Dulles International Airport and the port at Hampton Roads, that position it to benefit from increasing global trade.
Economic forecasters see a growth in retail imports in the next five years, as well as a rise in the import of parts for U.S. manufacturers. U.S. exports also are rising and have increased by $321 billion annually over the past decade, according to the governor's office.
Kaine said Virginia can exploit its rail lines, airports and port facilities because they are attractive to international companies looking to get their products into the nation's heartland. At the same time, he said, the state can lure foreign companies to Virginia because they have easy ways to export their products.
"We've got to turn a friendly face to globalization and foreign investment in the United States," Kaine said.
Private companies and governments already are moving to meet the increasing demand for freight-handling in Virginia brought about by global trade.
I admit that I am posting a lot of pro-Virginia businessrelated articles. Although they many not give you much additional direction, they certainly do build up the confidence.
Tuesday, October 03, 2006
More jobs for Virginia...
Tech to look at farmshoring as a way to bring work to Southside, Southwest Va.
BY GREG EDWARDS
TIMES-DISPATCH STAFF WRITER
Oct 3, 2006
American companies have looked increasingly to other countries for low-cost labor, but rural communities in the U.S. could provide equally ready workers and a way to keep jobs at home.
The concept of sending work from high-cost to low-cost areas of the United States is called farmshoring or nearshoring, in contrast to offshoring or sending work overseas.
The Economic Development Studio @ Virginia Tech, a partnership of state and local governments and Virginia Tech's economic development office and Department of Urban Affairs and Planning, will investigate the prospects for farmshoring in Virginia.
The one-semester project will involve Tech's Blacksburg campus and at its urban-planning campus in Alexandria. Faculty and graduate students will prepare a report for the Virginia Economic Development Partnership on farmshoring opportunities.
Researchers will look at Northern Virginia, North Carolina's Research Triangle and Seattle as potential sources of jobs for rural Virginia, according to Heike Mayer, an assistant professor of urban and regional planning at Tech's Alexandria campus.
Additionally, researchers will examine Southside and Southwest Virginia localities as potential recipients of jobs. The study is intended to identify what makes those localities potentially attractive to business, Mayer said, and to look for improvements that can make the localities more attractive.
In addition to generating jobs and tax revenue for rural Virginia, farmshoring is seen as a way for urban areas to manage congestion.
It could be an opportunity for Virginia to get back some of the jobs -- although not the same jobs -- it lost as Virginia manufacturers either lost business to overseas competitors or moved their own work overseas.
Richmond economist Christine Chmura has noted that in the three years ending with 2005, the state lost 23,000 manufacturing jobs, including 7,300 in rural Southside.
Contact staff writer Greg Edwards at gedwards@timesdispatch.com or (804) 649-6390.
Something about offering the exact same jobs to people in rural areas for less money seems to have a whiff of exploitation. However, there's a lot to consider here - less urban congestion, lower cost of living outside of major urban centers, telecommuting reducing other costs to the employee such as transportation, and keeping some potentially offshore jobs here in the States.
We offer an offshore management service if you'd like to consider outsourcing some of your work to cut costs - simply email us at sales@wheatsystems.com or visit the website at www.wheatsystems.com and go to the "Request A Consultation" area.
Tech to look at farmshoring as a way to bring work to Southside, Southwest Va.
BY GREG EDWARDS
TIMES-DISPATCH STAFF WRITER
Oct 3, 2006
American companies have looked increasingly to other countries for low-cost labor, but rural communities in the U.S. could provide equally ready workers and a way to keep jobs at home.
The concept of sending work from high-cost to low-cost areas of the United States is called farmshoring or nearshoring, in contrast to offshoring or sending work overseas.
The Economic Development Studio @ Virginia Tech, a partnership of state and local governments and Virginia Tech's economic development office and Department of Urban Affairs and Planning, will investigate the prospects for farmshoring in Virginia.
The one-semester project will involve Tech's Blacksburg campus and at its urban-planning campus in Alexandria. Faculty and graduate students will prepare a report for the Virginia Economic Development Partnership on farmshoring opportunities.
Researchers will look at Northern Virginia, North Carolina's Research Triangle and Seattle as potential sources of jobs for rural Virginia, according to Heike Mayer, an assistant professor of urban and regional planning at Tech's Alexandria campus.
Additionally, researchers will examine Southside and Southwest Virginia localities as potential recipients of jobs. The study is intended to identify what makes those localities potentially attractive to business, Mayer said, and to look for improvements that can make the localities more attractive.
In addition to generating jobs and tax revenue for rural Virginia, farmshoring is seen as a way for urban areas to manage congestion.
It could be an opportunity for Virginia to get back some of the jobs -- although not the same jobs -- it lost as Virginia manufacturers either lost business to overseas competitors or moved their own work overseas.
Richmond economist Christine Chmura has noted that in the three years ending with 2005, the state lost 23,000 manufacturing jobs, including 7,300 in rural Southside.
Contact staff writer Greg Edwards at gedwards@timesdispatch.com or (804) 649-6390.
Something about offering the exact same jobs to people in rural areas for less money seems to have a whiff of exploitation. However, there's a lot to consider here - less urban congestion, lower cost of living outside of major urban centers, telecommuting reducing other costs to the employee such as transportation, and keeping some potentially offshore jobs here in the States.
We offer an offshore management service if you'd like to consider outsourcing some of your work to cut costs - simply email us at sales@wheatsystems.com or visit the website at www.wheatsystems.com and go to the "Request A Consultation" area.
Monday, October 02, 2006
Software Outsourcing - Not Just to India Anymore
reprint from www.vanewswire.com
VIENNA, VA -- Today Induslogic, a leading
global provider of outsourced product development services, announced it is
merging with Bonus Technology, a New Jersey-based software engineering
services company with significant operations in the Ukraine. To better
symbolize its expanded worldwide presence resulting from this merger,
Induslogic is changing the company's name to GlobalLogic. Launching with a
roster of more than 100 client/partners, GlobalLogic becomes the first
truly global outsourced product developer, combining the power of Agile
programming with the benefits of a distributed model.
"More and more, software companies need to globalize their research and
development to benefit from the worldwide pool of talent," GlobalLogic CEO
Peter Harrison said. "Creating their own captive subsidiary halfway around
the world is increasingly risky, takes too long, and involves too many
noncore activities. GlobalLogic provides a unique solution for independent
software vendors-they get all the benefits of a captive engineering team
with none of the risk."
"Bonus Tech's success can be attributed to the rich infrastructure of
engineering talent located in the Ukraine," said Nick Sage, CEO of Bonus
Technology. "As GlobalLogic, our new company is poised to grow and prosper
as we continue to bring some of the top engineering talent in the world to
companies on a 24/7 schedule."
"Enterprise applications are the business engines of the 21st century
and those companies able to bring better applications to market faster will
be the winners," said Barry Rubenstein, Program Manager, Application
Outsourcing and Offshore Services, IDC. "Offshore product development
companies, including GlobalLogic, use a global pool of talent to bring
discipline, quality, and speed to software product development processes,
thus giving software vendors a key competitive edge in a rapidly evolving
market."
During the year leading up to today's merger, Induslogic completed more
than 200 major product releases on behalf of 80 software companies. "We are
seeing a surge in demand resulting from our new presence in Europe and our
expanded expertise in telecommunications and open source software,"
Harrison said. At a celebration held in Kiev, he told the new employees,
"Today we are joining together two teams of world-class software product
development professionals. We are joining strength to strength and
exponentially raising the industry's standard of excellence. Our clients
have a new reason to celebrate, and our competitors have a new reason to be
concerned."
Ukraine: A Deep Well of Talent
Bonus Technology operates a major software product development center
in the Ukraine. Prior to the dissolution of the Soviet Union, the Ukraine
was the computing center supporting the USSR's massive military
infrastructure. Now, with a deep pool of software engineering talent with
expertise ranging from J2EE to .NET platforms, this region has become
fertile ground for outsourced product development. Bonus Technology has
particularly well-recognized competencies in telecommunications and open
source. The company has built a team of more than 250 engineers; half have
master's degrees and more than 15 percent have doctorates. "This team has
proven itself with blue chip technology leaders including Telcordia, Ipsos,
and Bloomberg," declared Harrison.
"We're delighted with the news that Bonus Technology is joining forces
with Induslogic," said Doug Roberts, CEO of Avolent, the leading
application software provider for interactive, self-service electronic
billing and payment. "The breadth and depth of GlobalLogic is very
impressive, and we're looking forward to leveraging the company's new
capabilities."
About GlobalLogic
A leading global product development services company formed in 2006 by
the merger of Induslogic and Bonus Technology, GlobalLogic partners with
emerging software leaders, helping them bring great products to market in
less time and at lower cost.
GlobalLogic has developed a unique joint-venture model of partnering
with companies to create a dedicated global delivery center. By leveraging
GlobalLogic's global facilities and world-class engineers, software
companies can increase quality while dramatically reducing timelines and
operating costs, often by more than 60 percent. GlobalLogic is also a
pioneer in distributed Agile methods and open source platforms that shorten
product development cycles while ensuring that the right features are
implemented on time, every time.
Today, GlobalLogic has active partnerships with more than 80 software
product companies in a wide range of markets, including VoIP, wireless,
security, payment, and finance. Its partners include industry leaders such
as AOL, Autodesk, Avolent, Electronic Arts, IBM, iFlex, NexTone, and
Trimble.
GlobalLogic is headquartered in the U.S., with global delivery centers
in the U.S., India, and the Ukraine; the company employs more than 1,300
professionals worldwide. For more information, visit
http://www.globallogic.com.
The cornerstone problem of outsourcing this kind of work is this: management. Overseas contractors don't have English as a first language, but this is a shadow of a problem compared to the cultural differences - so much about working together entails subtle, unspoken etiquette - about keeping a team leader informed, about expressing shame when its due, about doing a little extra to make up for other iniquities... these are Protestant guilt-based cues apparently only obvious to soil-born Americans. Interesting, huh?
reprint from www.vanewswire.com
VIENNA, VA -- Today Induslogic, a leading
global provider of outsourced product development services, announced it is
merging with Bonus Technology, a New Jersey-based software engineering
services company with significant operations in the Ukraine. To better
symbolize its expanded worldwide presence resulting from this merger,
Induslogic is changing the company's name to GlobalLogic. Launching with a
roster of more than 100 client/partners, GlobalLogic becomes the first
truly global outsourced product developer, combining the power of Agile
programming with the benefits of a distributed model.
"More and more, software companies need to globalize their research and
development to benefit from the worldwide pool of talent," GlobalLogic CEO
Peter Harrison said. "Creating their own captive subsidiary halfway around
the world is increasingly risky, takes too long, and involves too many
noncore activities. GlobalLogic provides a unique solution for independent
software vendors-they get all the benefits of a captive engineering team
with none of the risk."
"Bonus Tech's success can be attributed to the rich infrastructure of
engineering talent located in the Ukraine," said Nick Sage, CEO of Bonus
Technology. "As GlobalLogic, our new company is poised to grow and prosper
as we continue to bring some of the top engineering talent in the world to
companies on a 24/7 schedule."
"Enterprise applications are the business engines of the 21st century
and those companies able to bring better applications to market faster will
be the winners," said Barry Rubenstein, Program Manager, Application
Outsourcing and Offshore Services, IDC. "Offshore product development
companies, including GlobalLogic, use a global pool of talent to bring
discipline, quality, and speed to software product development processes,
thus giving software vendors a key competitive edge in a rapidly evolving
market."
During the year leading up to today's merger, Induslogic completed more
than 200 major product releases on behalf of 80 software companies. "We are
seeing a surge in demand resulting from our new presence in Europe and our
expanded expertise in telecommunications and open source software,"
Harrison said. At a celebration held in Kiev, he told the new employees,
"Today we are joining together two teams of world-class software product
development professionals. We are joining strength to strength and
exponentially raising the industry's standard of excellence. Our clients
have a new reason to celebrate, and our competitors have a new reason to be
concerned."
Ukraine: A Deep Well of Talent
Bonus Technology operates a major software product development center
in the Ukraine. Prior to the dissolution of the Soviet Union, the Ukraine
was the computing center supporting the USSR's massive military
infrastructure. Now, with a deep pool of software engineering talent with
expertise ranging from J2EE to .NET platforms, this region has become
fertile ground for outsourced product development. Bonus Technology has
particularly well-recognized competencies in telecommunications and open
source. The company has built a team of more than 250 engineers; half have
master's degrees and more than 15 percent have doctorates. "This team has
proven itself with blue chip technology leaders including Telcordia, Ipsos,
and Bloomberg," declared Harrison.
"We're delighted with the news that Bonus Technology is joining forces
with Induslogic," said Doug Roberts, CEO of Avolent, the leading
application software provider for interactive, self-service electronic
billing and payment. "The breadth and depth of GlobalLogic is very
impressive, and we're looking forward to leveraging the company's new
capabilities."
About GlobalLogic
A leading global product development services company formed in 2006 by
the merger of Induslogic and Bonus Technology, GlobalLogic partners with
emerging software leaders, helping them bring great products to market in
less time and at lower cost.
GlobalLogic has developed a unique joint-venture model of partnering
with companies to create a dedicated global delivery center. By leveraging
GlobalLogic's global facilities and world-class engineers, software
companies can increase quality while dramatically reducing timelines and
operating costs, often by more than 60 percent. GlobalLogic is also a
pioneer in distributed Agile methods and open source platforms that shorten
product development cycles while ensuring that the right features are
implemented on time, every time.
Today, GlobalLogic has active partnerships with more than 80 software
product companies in a wide range of markets, including VoIP, wireless,
security, payment, and finance. Its partners include industry leaders such
as AOL, Autodesk, Avolent, Electronic Arts, IBM, iFlex, NexTone, and
Trimble.
GlobalLogic is headquartered in the U.S., with global delivery centers
in the U.S., India, and the Ukraine; the company employs more than 1,300
professionals worldwide. For more information, visit
http://www.globallogic.com.
The cornerstone problem of outsourcing this kind of work is this: management. Overseas contractors don't have English as a first language, but this is a shadow of a problem compared to the cultural differences - so much about working together entails subtle, unspoken etiquette - about keeping a team leader informed, about expressing shame when its due, about doing a little extra to make up for other iniquities... these are Protestant guilt-based cues apparently only obvious to soil-born Americans. Interesting, huh?
More on the Zune
To experience the metered confusion that Microsoft has in store for you, you can check out their official site for the player at www.comingzune.com where you can watch a parakeet consumed by flames. Not sure what it has to do with the device. There's basically nothing about the device on the site.
Engadget seems to know more than I do. Apparently there's a bevy of reasons to buy one instead of an iPod. And they are a lot less clunky looking than the first sketches I saw.
Reasons to buy one vs. the new colorized anodized aluminum iPod nano this Christmas:
To experience the metered confusion that Microsoft has in store for you, you can check out their official site for the player at www.comingzune.com where you can watch a parakeet consumed by flames. Not sure what it has to do with the device. There's basically nothing about the device on the site.
Engadget seems to know more than I do. Apparently there's a bevy of reasons to buy one instead of an iPod. And they are a lot less clunky looking than the first sketches I saw.
Reasons to buy one vs. the new colorized anodized aluminum iPod nano this Christmas:
- any tunes you bought at iTunes are honored by Zune and you get to download them again for free (and getting all the file features available with Zune)
- Zune has wireless connectivity - no need to use that dumb white wire to update the player
- Zune's video screen is bigger than the screen on the video iPod
- price for a brand new Zune is the same as a brand new iPod
- suggestion and discovery based experience (kinda like Amazon) to find new artists
- wireless connectivity groups with social networking to those around you - chat, file sharing, interest based networking, instant messaging
Despite some things I may have pointed out in the previous post, I really do believe in this player. I believe it does have a chance at dethroning the iPod. The wireless thing is a BIG thing. So is social networking. So we'll see.
Here's a link to the latest engadget article: http://www.engadget.com/2006/07/21/zune-what-we-know-think-we-know-and-dont-yet-know/
Subscribe to:
Posts (Atom)
