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	<title>IT Jobs and Careers News &#187; business</title>
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		<title>In Partnership With Microsoft, RIM Launches BlackBerry Business Cloud Services</title>
		<link>http://www.itjobsandcareers.com/2012/02/in-partnership-with-microsoft-rim-launches-blackberry-business-cloud-services/</link>
		<comments>http://www.itjobsandcareers.com/2012/02/in-partnership-with-microsoft-rim-launches-blackberry-business-cloud-services/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 10:55:47 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Blackberry]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Cloud]]></category>
		<category><![CDATA[launches]]></category>
		<category><![CDATA[Microsoft]]></category>
		<category><![CDATA[Partnership]]></category>
		<category><![CDATA[Services]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2012/02/in-partnership-with-microsoft-rim-launches-blackberry-business-cloud-services/</guid>
		<description><![CDATA[Microsoft and BlackBerry maker Research in Motion (RIM) are teaming up today on the public release of BlackBerry Business Cloud Services for Microsoft Office 365, a name which surely Microsoft itself had a hand in creating. The new service will allow corporate customers to manage their deployed BlackBerry devices using Exchange Online, the hosted version of [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2012/01/overview_row1_bg1.jpg?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="overview_row1_bg" title="overview_row1_bg" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="M" class="cap"><span>M</span></span>icrosoft and BlackBerry maker Research in Motion (RIM) are teaming up today on the public release of BlackBerry Business Cloud Services for Microsoft Office 365, a name which surely Microsoft itself had a hand in creating. The new service will allow corporate customers to manage their deployed BlackBerry devices using Exchange Online, the hosted version of Microsoft&#8217;s messaging platform.</p>
<p>The addition comes at no extra cost to current subscribers of the Office 365 suite or the standalone Exchange Online offering, and supports any BlackBerry devices, whether on a business or consumer data plan.</p>
<p>Once enabled, the managed BlackBerry smartphones will be able to sync with Microsoft Exchange Online email, calendar and organizer data. BlackBerry Balance, a new technology that helps admins manage the corporate data on the device, while leaving personal data untouched, will also be available with this new offering. I.T. will be able to manage the phones using a web-based console, but employees will have access to self-service tools for password and device resets, remote lock and remote wipe functions.</p>
<p>BlackBerry Business Cloud Services is live now in 50 countries. More info is here.</p>
<p>Partnerships like this are one of the reasons why some mobile industry insiders believe that RIM could be a viable acquisition target for Microsoft. The companies are already working so closely together to integrate their technologies, and both share a similar end user customer base: the enterprise market. Reports that RIM has even engaged in takeover talks with Microsoft emerged in December, but nothing has yet to come of that. Instead, the company&#8217;s recent moves like the co-CEO step-down and (misguided) statements from new CEO Thorsten Heins (“I don’t think any drastic change is needed”) imply that company is attempting a turnaround, not putting itself on the auction block. At least for now.</p>
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		<title>Money Ball for Medicine – Business Models for Healthcare</title>
		<link>http://www.itjobsandcareers.com/2012/01/money-ball-for-medicine-%e2%80%93-business-models-for-healthcare/</link>
		<comments>http://www.itjobsandcareers.com/2012/01/money-ball-for-medicine-%e2%80%93-business-models-for-healthcare/#comments</comments>
		<pubDate>Wed, 18 Jan 2012 02:08:26 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Ball]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Healthcare]]></category>
		<category><![CDATA[Medicine]]></category>
		<category><![CDATA[Models]]></category>
		<category><![CDATA[money]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2012/01/money-ball-for-medicine-%e2%80%93-business-models-for-healthcare/</guid>
		<description><![CDATA[Editor’s note: This guest post was written by Dave Chase, the CEO of Avado.com, a patient portal &#38; relationship management company that was a TechCrunch Disrupt finalist. Previously he was a management consultant for Accenture’s healthcare practice and founder of Microsoft’s Health platform business. You can follow him on Twitter@chasedave. Entrepreneurial epiphanies surface in random places. For Eric Page, [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2012/01/moneyball_poster.jpg?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="Moneyball Poster" title="Moneyball Poster" style="float: left; margin: 0 10px 7px 0;" />
<p><strong><span title="E" class="cap"><span>E</span></span>ditor’s note:</strong> <em>This guest post was written by Dave Chase, the CEO of Avado.com, a patient portal &amp; relationship management company that was a TechCrunch Disrupt finalist. Previously he was a management consultant for Accenture’s healthcare practice and founder of Microsoft’s Health platform business. You can follow him on Twitter@chasedave.</em></p>
<p>Entrepreneurial epiphanies surface in random places. For Eric Page, it was watching Brad Pitt’s latest movie, Moneyball. The epiphany caused him to shift Amplify Health’s business model from a provider of technology to a heavy user of technology. While there is a wave of disruptive technology in healthtech, as interesting is the wave of disruptive innovation on the care delivery side of healthcare. These companies aren’t technology companies, however technology plays a pivotal role.</p>
<p>Previously, Page had been the Founder &amp; President of REM Medical, a clinic for sufferers of sleep apnea. A key part of any sleep clinic’s service is prescribing CPAP machines. The problem is that the percentage of people who actually follow-through is quite low (40%) even though the results can dramatically improve one’s life. A series of behavioral insights, often applied through the use of technology allowed REM Medical to double the industry average adherence to 79%. As healthcare shifts from a “do more, bill more” model of reimbursement to a value and outcomes-based model, these kinds of results will separate the winners from the losers. Amplify Health’s original vision was to package the behavioral insights in software and sell them to providers.</p>
<p>With the success of his previous company, Page thought it would be easy to sell this vision to healthcare providers. Unfortunately, many healthcare providers are making the same mistakes that newspaper companies made in the late 90’s. That is, they aren’t moving as quickly as circumstances dictate. The problem is that urgency is sometimes only evident in hindsight. This is what led to the Moneyball epiphany.</p>
<p>For those who haven’t seen the movie or read the book, Moneyball tells the story of how Major League Baseball’s Oakland A’s Billy Beane (the team’s General Manager) was faced with a payroll that was one-third the size of their competition. Beane realized he needed to come up with a different way of picking players or he’d lose bidding wars against richer teams. For over 20 years, baseball statistician Bill James had proffered theories of baseball statistics that flew in the face of conventional wisdom on what statistics best represented a player’s value to a team. James was ignored until Billy Beane came along. He applied James’ theories with great success regularly fielding playoff teams that had one-third to one-half the payroll of the teams they competed against.</p>
<p>While watching Moneyball, Page had the realization that he had been acting like Bill James evangelizing his theories. Even with a successful track record, he wasn’t getting the traction he desired. Instead, he decided he should become Billy Beane and apply his knowledge to his own company. Rather than monetize via a software licensing model, Amplify Health will be in the onsite clinic segment delivering primary care and managing chronic conditions. [See DIY Health Reform: Employers Solving Healthcare Crisis One Onsite Clinic At A Time for more on onsite clinics.]</p>
<p>Amplify Health isn’t alone in this trend. Other examples include MedLion, One Medical Group, Qliance and White Glove Health [Disclosure: MedLion is a customer of Avado's]. These are healthcare providers who’ve applied technology to enhance their competitive advantage. Traditional healthcare providers should be on notice about these types of disruptive innovators. After all, in the late 90’s the newspaper companies were worried about other media competitors and big players such as Microsoft. What devastated their business models was an array of niche competitors who bit by bit hollowed out chunks of their business. Companies such as Monster.com, eBay, Cars.com, Zillow, Craigslist and many others. Like newspapers that were oligopolies or monopolies, many large health systems haven’t been faced with the level of competition that is emerging. As William Gibson has stated, “the future is here, it’s just unevenly distributed.”</p>
<p>By definition, the legacy HealthIT vendors have optimized their solutions around the legacy reimbursement and delivery models that have created the hyperinflation in healthcare crushing family, business and government budgets. The exciting aspect of this for the healthtech startup community is entire new categories of software are emerging to support disruptive innovation taking place on the care delivery side. Even more promising is that many providers, payers and pharmaceutical companies have set up innovation groups. I wrote about one earlier &#8212; Healthcare Field of Dreams In Idaho: Health System Opens Innovation Center. An array of new models are being tested at organizations such as Horizon Health Innovations, Catholic Health West, Trinity Health, Blue Cross Blue Shield of Florida, Catholic Health Partners, Blue Shield of California and many others.</p>
<p>Often what has passed for innovation in healthcare is a clever way to maximize the latest reimbursement code or government incentive. For example, a large swath of providers are chasing after Meaningful Use incentives. Meanwhile, there are others building a sustainable competitive advantage in rethinking delivery models from the ground up. Not long ago, CareMore was acquired for $800 Million by WellPoint because they’d developed a creative new delivery model. VCs are taking notice. For example, Dirk Lammerts, MD is a VC with the Burrill Venture Capital Group who has stated he will avoid investing in businesses dependent on Medicare reimbursement. Rather, he wants true disruptive innovation.</p>
<p>Taking place this week is the Health Innovation Summit being put on by RockHealth. I’m moderating a panel on business models for health-related startups &#8211; panel members include Linda Avey, Ron Gutman and Jennifer Wong. I will speak to some of the aforementioned business models and the accompanying business models for companies that support those entities. Collectively, we’ll discuss models ranging from monetizing mobile apps to how value can be derived as a byproduct of customer use (e.g., PracticeFusion) to media models and more. What creative business models in healthcare should we be aware of? Please add your comments below.</p>
<p>         </p>
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		<title>NewsGator Has Quietly Built An Enterprise Social Networking Business On Top Of SharePoint</title>
		<link>http://www.itjobsandcareers.com/2012/01/newsgator-has-quietly-built-an-enterprise-social-networking-business-on-top-of-sharepoint/</link>
		<comments>http://www.itjobsandcareers.com/2012/01/newsgator-has-quietly-built-an-enterprise-social-networking-business-on-top-of-sharepoint/#comments</comments>
		<pubDate>Thu, 12 Jan 2012 08:09:16 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Built]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Enterprise]]></category>
		<category><![CDATA[Networking]]></category>
		<category><![CDATA[NewsGator]]></category>
		<category><![CDATA[Quietly]]></category>
		<category><![CDATA[SharePoint]]></category>
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		<guid isPermaLink="false">http://www.itjobsandcareers.com/2012/01/newsgator-has-quietly-built-an-enterprise-social-networking-business-on-top-of-sharepoint/</guid>
		<description><![CDATA[NewsGator. Those of us who were using RSS readers in the middle of the past decade most likely think of desktop app FeedDemon for Windows or desktop/mobile app NetNewsWire for Mac when we hear the name. But the company has spent the last several years turning itself into an enterprise networking company that competes with Jive, Salesforce Chatter, [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2012/01/screen-shot-2012-01-11-at-4-19-14-pm.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="Screen Shot 2012-01-11 at 4.19.14 PM" title="Screen Shot 2012-01-11 at 4.19.14 PM" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="N" class="cap"><span>N</span></span>ewsGator. Those of us who were using RSS readers in the middle of the past decade most likely think of desktop app FeedDemon for Windows or desktop/mobile app NetNewsWire for Mac when we hear the name.</p>
<p>But the company has spent the last several years turning itself into an enterprise networking company that competes with Jive, Salesforce Chatter, Yammer and the many others out there. And it&#8217;s had its biggest year yet in 2011, chief executive JB Holston tells me, by steadily building up its business on top of a place you might not have thought of: Microsoft SharePoint.</p>
<p>It&#8217;s riding the popularity of simpler social software for businesses by bringing industry-leading features to Microsoft&#8217;s extremely full-featured and extremely arcane collaboration platform, which has 125 million or so seats worldwide. Which is to say, a big pool of clients who don&#8217;t naturally gravitate to the freemium model that some competitors have used to get in with small and medium-sized businesses. Instead, all the products cost money. (Also, note that the RSS reader, which are still available for download after all these years on the NewsGator site, are now owned by Nick Bradbury and Black Pixel, respectively.)</p>
<p>The results in 2011? NewsGator added one million new paid seats over the course of the year, on top of its existing two million. Those additions aren&#8217;t just from a few clients who went all in, Holston says, but from among the 300 companies using it now. 100 of them were new last year, he adds, including both the &#8220;Global 2000&#8243; corporate customers that normally it targets, as well as medium-sized businesses of 5,000 seats or less who decided to buy in.</p>
</p>
<p>Having been founded in 2004, and having raised some $39.3 million in venture backing, the company has come a long way to being profitable and growing across its key metrics.</p>
<p>How did the transition happen? Holston says that back in 2006, defense contractor Lockheed Martin had taken its enterprise RSS service, cobbled it together with SharePoint, Google search and some other features to create its own &#8220;Facebook for enterprise.&#8221; The SharePoint team at Microsoft noticed, and talked to NewsGator about building a fuller-fledged product line.</p>
<p>NewsGator then went on to launch the first versions of its modern software suite at the Enterprise 2.0 conference in 2007, and has been expanding its business since then. Today, the components for its marquee product line, Social Sites for Microsoft SharePoint 2010, include Microblogging, Activity Streams, Communities, Spheres, Social Profiles, Social Insights, as well as desktop and email clients, and integration with Microsofts Lync and Glassboard products.</p>
<p>Beyond these Facebook-style features, the company has taken the typical approach among enterprise vendors, building out additional features for compliance, IT support, local hosting etc. While it provides APIs to import or export data from other products, like Salesforce&#8217;s Chatter, SharePoint is where it&#8217;s staying focused on, Holston says. &#8221;Our view is that there&#8217;s so much that Microsoft is doing to continue to push their enterprise relationships that we can leverage, that we think it&#8217;s a rich place to stay.&#8221;</p>
<p>When I asked about the long-time plans for the company &#8212; say, an acquisition by Microsoft, or an IPO &#8212; he said that the plan for now is continuing to grow the company as its core business continues to take advantage of the current market.</p>
<p>         </p>
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		<title>RJMetrics Raises $1.2M For Hosted Business Intelligence Software Suite</title>
		<link>http://www.itjobsandcareers.com/2012/01/rjmetrics-raises-1-2m-for-hosted-business-intelligence-software-suite/</link>
		<comments>http://www.itjobsandcareers.com/2012/01/rjmetrics-raises-1-2m-for-hosted-business-intelligence-software-suite/#comments</comments>
		<pubDate>Sun, 08 Jan 2012 00:43:52 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[$1.2M]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Hosted]]></category>
		<category><![CDATA[intelligence]]></category>
		<category><![CDATA[Raises]]></category>
		<category><![CDATA[RJMetrics]]></category>
		<category><![CDATA[Software]]></category>
		<category><![CDATA[Suite]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2012/01/rjmetrics-raises-1-2m-for-hosted-business-intelligence-software-suite/</guid>
		<description><![CDATA[Exclusive - I first learned about hosted business intelligence software startup RJMetrics a few weeks ago, when Fab.com founder Jason Goldberg wrote how he made creative use of their software suite for his latest fundraising round; in fact he said he liked it so much he asked to invest in the company. Fast forward to [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2012/01/rjmetrics.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="rjmetrics" title="rjmetrics" style="float: left; margin: 0 10px 7px 0;" />
<p><strong><span title="E" class="cap"><span>E</span></span>xclusive -</strong> I first learned about hosted business intelligence software startup RJMetrics a few weeks ago, when Fab.com founder Jason Goldberg wrote how he made creative use of their software suite for his latest fundraising round; in fact he said he liked it so much he asked to invest in the company.</p>
<p>Fast forward to today: RJMetrics has landed $1.2 million in seed financing from Goldberg, early-stage VCs including SoftTech VC, Lerer Ventures, SV Angel and Zelkova Ventures, and other angel investors such as Wharton Professor Kartik Hosanagar and DuckDuckGo CEO Gabe Weinberg.</p>
<p>In addition, Jason Goldberg has joined the Philadelphia startup&#8217;s board of directors.</p>
<p>Founded in January 2009 by Robert J. Moore (the &#8216;R&#8217;) and Jake Stein (the &#8216;J&#8217;), RJMetrics was bootstrapped to date and managed to get to profitability by selling subscriptions for its hosted business intelligence software to organizations that operate database-driven websites (mostly e-commerce companies, SaaS vendors, social media organizations and online content providers). </p>
<p>Basically, RJMetrics provides tools for database analysis, enabling its customers to extract data from their business and transform it into a more suitable format for analysis and providing them with the means to turn it into beautiful, actionable charts.</p>
<p>Moore and Stein were both formerly employed by venture capital firm Insight Venture Partners, so they knew that they&#8217;d be better off waiting as long as possible before raising outside capital, and only agreed to take on investors when they were absolutely sure that it would &#8220;generate positive returns&#8221;. </p>
<p>For one, they say, almost 100 percent of this seed funding round came from firms or individuals who have used RJMetrics&#8217; product extensively, which is always a big plus.</p>
<p>         </p>
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		<title>ADTRAN Buys Nokia Siemens Networks’ Fixed Line Broadband Access Business (400 People)</title>
		<link>http://www.itjobsandcareers.com/2011/12/adtran-buys-nokia-siemens-networks%e2%80%99-fixed-line-broadband-access-business-400-people/</link>
		<comments>http://www.itjobsandcareers.com/2011/12/adtran-buys-nokia-siemens-networks%e2%80%99-fixed-line-broadband-access-business-400-people/#comments</comments>
		<pubDate>Thu, 15 Dec 2011 13:27:35 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[access]]></category>
		<category><![CDATA[ADTRAN]]></category>
		<category><![CDATA[broadband]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[buys]]></category>
		<category><![CDATA[Fixed]]></category>
		<category><![CDATA[Line]]></category>
		<category><![CDATA[Networks’]]></category>
		<category><![CDATA[Nokia]]></category>
		<category><![CDATA[People]]></category>
		<category><![CDATA[Siemens]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/12/adtran-buys-nokia-siemens-networks%e2%80%99-fixed-line-broadband-access-business-400-people/</guid>
		<description><![CDATA[ADTRAN this morning announced that it is to acquire Nokia Siemens Networks&#8217; fixed line Broadband Access business, all associated services and network management solutions, intellectual properties, technologies and the established customer base. Financial terms of the acquisition were not disclosed. The news comes right after Nokia Siemens Networks announced that it would be laying off [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="68" src="http://tctechcrunch2011.files.wordpress.com/2011/12/adtran.png?w=100&amp;h=68&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="adtran" title="adtran" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="A" class="cap"><span>A</span></span>DTRAN this morning announced that it is to acquire Nokia Siemens Networks&#8217; fixed line Broadband Access business, all associated services and network management solutions, intellectual properties, technologies and the established customer base. Financial terms of the acquisition were not disclosed.</p>
<p>The news comes right after Nokia Siemens Networks announced that it would be laying off 17,000 people worldwide before the end of 2013. At the time, the company outlined plans to focus on mobile broadband and services, and that it would be actively divesting, selling or putting in maintenance mode business units that it considers non-core to this new &#8216;strategy&#8217;.</p>
<p>Roughly 400 people will transfer to ADTRAN globally as a result of the transaction, including engineering, R&amp;D and sales staff.</p>
<p>The deal also includes provisions which would allow ADTRAN solutions to be incorporated by Nokia Siemens Networks (NSN) into its offerings.</p>
<p>The planned transaction is expected to close by the end of April 2012. ADTRAN says it expects the acquired business to be neutral to diluted earnings per share for the first 12 months and accretive after the first full year.</p>
<p>Also read: DragonWave Buys Part Of Nokia Siemens Networks, Gains 360 Employees</p>
<p>         </p>
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<p align="left"><a class="tt" href="http://twitter.com/home/?status=ADTRAN+Buys+Nokia+Siemens+Networks%E2%80%99+Fixed+Line+Broadband+Access+Business+%28400+People...+http://www.itjobsandcareers.com/?p=1050" title="Post to Twitter"><img class="nothumb" src="http://www.itjobsandcareers.com/wp-content/plugins/tweet-this/icons/tt-twitter.png" alt="Post to Twitter" /></a> <a class="tt" href="http://twitter.com/home/?status=ADTRAN+Buys+Nokia+Siemens+Networks%E2%80%99+Fixed+Line+Broadband+Access+Business+%28400+People...+http://www.itjobsandcareers.com/?p=1050" title="Post to Twitter">Tweet This Post</a></p>]]></content:encoded>
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		<title>Open Ocean Invests $1 Million In Developer Of The Zentyal Linux Small Business Server</title>
		<link>http://www.itjobsandcareers.com/2011/12/open-ocean-invests-1-million-in-developer-of-the-zentyal-linux-small-business-server/</link>
		<comments>http://www.itjobsandcareers.com/2011/12/open-ocean-invests-1-million-in-developer-of-the-zentyal-linux-small-business-server/#comments</comments>
		<pubDate>Fri, 02 Dec 2011 15:06:43 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Developer]]></category>
		<category><![CDATA[Invests]]></category>
		<category><![CDATA[Linux]]></category>
		<category><![CDATA[Million]]></category>
		<category><![CDATA[Ocean]]></category>
		<category><![CDATA[open]]></category>
		<category><![CDATA[Server]]></category>
		<category><![CDATA[Small]]></category>
		<category><![CDATA[Zentyal]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/12/open-ocean-invests-1-million-in-developer-of-the-zentyal-linux-small-business-server/</guid>
		<description><![CDATA[Zentyal, the Zaragoza, Spain-based maker of the Zentyal Linux small business server, has raised $1 million in Series A funding from freshly financed and Europe-focused venture capital firm Open Ocean Capital. Zentyal develops a server solution that combines cloud-based services to make network management easy and secure for small and medium-sized businesses. Basically, it&#8217;s an [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2011/12/zentyal.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="zentyal" title="zentyal" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="Z" class="cap"><span>Z</span></span>entyal, the Zaragoza, Spain-based maker of the Zentyal Linux small business server, has raised $1 million in Series A funding from freshly financed and Europe-focused venture capital firm Open Ocean Capital.</p>
<p>Zentyal develops a server solution that combines cloud-based services to make network management easy and secure for small and medium-sized businesses. Basically, it&#8217;s an open source alternative to Microsoft&#8217;s Windows Small Business Server.</p>
<p>Read more at TechCrunch Europe.</p>
<p>         </p>
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		<title>GramercyOne Raises $14.5M From Revolution, Others For Cloud-based Business Management Software</title>
		<link>http://www.itjobsandcareers.com/2011/10/gramercyone-raises-14-5m-from-revolution-others-for-cloud-based-business-management-software/</link>
		<comments>http://www.itjobsandcareers.com/2011/10/gramercyone-raises-14-5m-from-revolution-others-for-cloud-based-business-management-software/#comments</comments>
		<pubDate>Fri, 21 Oct 2011 00:05:17 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[$14.5M]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[CloudBased]]></category>
		<category><![CDATA[from]]></category>
		<category><![CDATA[GramercyOne]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[Others]]></category>
		<category><![CDATA[Raises]]></category>
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		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/10/gramercyone-raises-14-5m-from-revolution-others-for-cloud-based-business-management-software/</guid>
		<description><![CDATA[GramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing. The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments. Launched in 2010, GramercyOne offers a product called Booker [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2011/10/gramercyone.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="gramercyone" title="gramercyone" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="G" class="cap"><span>G</span></span>ramercyOne, a New York City-based provider of cloud-based business management and marketing software, has secured $14.5 million in Series A financing.</p>
<p>The funding round was led by Revolution Ventures (which is chaired by AOL founder Steve Case) with participation from Grotech Ventures, TDF and Jubilee Investments.</p>
<p>Launched in 2010, GramercyOne offers a product called Booker Platform, a swiss army knife of software tools that enable companies to attract and reach out to customers through social commerce, group buying services, mobile and local advertising and social booking solutions.</p>
<p>The company says it currently provides cloud services to over 2,500 companies across the globe (56 countries and counting, with eight languages supported so far).</p>
<p>Its customers range from small-sized service companies like local spas, fitness centers, beauty salons and whatnot to big organizations such as Hilton Worldwide.</p>
<p>GramercyOne claims its Booker Platform is currently used to process over 700,000 transactions &#8211; averaging $1 million in value &#8211; every day.</p>
<p>Says Revolution Ventures&#8217; president, Tige Savage:</p>
<blockquote><p>&#8220;GramercyOne allows the e-commerce revolution to move from the sale of products to<br />
the sale of services. </p>
<p>The company’s leading applications finally make it as easy to purchase and schedule a service appointment online as it is to purchase a song or a book online.”</p>
</blockquote>
<p>Savage will be joining GramercyOne&#8217;s board of directors together with Grotech&#8217;s Don Rainey; the two also serve on the board of LivingSocial.</p>
<p>Interestingly, GramercyOne was started after its SpaBooker platform was carved out as a business division within SpaFinder, a major spa media and marketing company. </p>
<p>According to the company, the functionality required to enable online scheduling of spa appointments was starting to gain traction outside of the spa industry, and thus the SpaBooker division was spun out in to what is now GramercyOne. </p>
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<div class="container">
<ul class="tab-container">
<li>GRAMERCYONE</li>
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     						  <span class="header-text">Company:</span><br />
     						  <span>GramercyOne</span>
     						</div>
<div class="left-align">
     						  <span class="header-text">Website:</span><br />
     						  <span>gramercyone.com</span>
     						</div>
<div class="left-align">
                       <span class="header-text">Launch Date:</span><br />
                       <span>January 10, 2010</span>
                     </div>
<div class="left-align">
                     <span class="header-text">Funding:</span><br />
                     <span>$14.5M</span>
                   </div>
</p></div>
<div class="body-copy">
<p>GramercyOne is a provider of cloud-based business management and marketing solutions to service businesses around the world. Their Software-as-a-Service (SaaS) platform enables businesses to manage operations while promoting their services and capturing customers through new marketing channels including social commerce, group buying, mobile and local advertising.</p>
<p>GramercyOne helps its clients&#8217; businesses by integrating innovative technology with the latest marketing practices. This combination is designed to help stimulate new business, enhance customer retention, manage internal operations, drive retail sales and become&#8230;</p>
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<p align="left"><a class="tt" href="http://twitter.com/home/?status=GramercyOne+Raises+%2414.5M+From+Revolution%2C+Others+For+Cloud-based+Business+Management+Software+http://www.itjobsandcareers.com/?p=978" title="Post to Twitter"><img class="nothumb" src="http://www.itjobsandcareers.com/wp-content/plugins/tweet-this/icons/tt-twitter.png" alt="Post to Twitter" /></a> <a class="tt" href="http://twitter.com/home/?status=GramercyOne+Raises+%2414.5M+From+Revolution%2C+Others+For+Cloud-based+Business+Management+Software+http://www.itjobsandcareers.com/?p=978" title="Post to Twitter">Tweet This Post</a></p>]]></content:encoded>
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		<title>GetApp.com Raises $1.1 Million For Cloud-Based Business Apps Store</title>
		<link>http://www.itjobsandcareers.com/2011/10/getapp-com-raises-1-1-million-for-cloud-based-business-apps-store/</link>
		<comments>http://www.itjobsandcareers.com/2011/10/getapp-com-raises-1-1-million-for-cloud-based-business-apps-store/#comments</comments>
		<pubDate>Fri, 07 Oct 2011 02:50:37 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[$1.1]]></category>
		<category><![CDATA[Apps]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[CloudBased]]></category>
		<category><![CDATA[GetApp.com]]></category>
		<category><![CDATA[Million]]></category>
		<category><![CDATA[Raises]]></category>
		<category><![CDATA[Store]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/10/getapp-com-raises-1-1-million-for-cloud-based-business-apps-store/</guid>
		<description><![CDATA[Exclusive - Roughly 21 months after successfully launching its vendor-neutral online marketplace for SaaS and cloud-based business applications, GetApp.com has secured $1.1 million from Spanish-American investment firm Nauta Capital to invest in further growth. GetApp.com is essentially a hub for SMB owners to compare, select and purchase SaaS and Web-based applications that can help them [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2011/10/getapp.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="getapp" title="getapp" style="float: left; margin: 0 10px 7px 0;" />
<p><strong><span title="E" class="cap"><span>E</span></span>xclusive -</strong> Roughly 21 months after successfully launching its vendor-neutral online marketplace for SaaS and cloud-based business applications, GetApp.com has secured $1.1 million from Spanish-American investment firm Nauta Capital to invest in further growth.</p>
<p>GetApp.com is essentially a hub for SMB owners to compare, select and purchase SaaS and Web-based applications that can help them manage and grow their business.</p>
<p>GetApp.com says it currently reaches some 60,000 businesses on a monthly basis (located primarily in North America and the UK), helping them discover thousands of cloud-based business apps and find the ones that best match their needs and requirements.</p>
<p>In total, roughly 1,500 vendors &#8211; including the likes of Zoho, NetSuite, Mavenlink and Assistly &#8211; have started using the fledgling company&#8217;s platform for online leads generation.</p>
<p>Available app categories range from CRM to marketing automation solutions, HR and project management tools to accounting and business intelligence applications.</p>
<p>  <br/>
<div class="module-crunchbase">
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   			    Crunchbase
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<p>   			</span><br />
   		</h2>
<div class="container">
<ul class="tab-container">
<li>GETAPP</li>
</ul>
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     						  <span class="header-text">Company:</span><br />
     						  <span>GetApp</span>
     						</div>
<div class="left-align">
     						  <span class="header-text">Website:</span><br />
     						  <span>getapp.com</span>
     						</div>
<div class="left-align">
                     <span class="header-text">Funding:</span><br />
                     <span>$1.1M</span>
                   </div>
</p></div>
<div class="body-copy">
<p>GetApp.com is a social portal for business software. It offers a simple way for buyers to research applications and a low cost channel for providers to be found online.</p>
<p>Business buyers come to GetApp.com to find, compare and choose from a wide range of enterprise applications, organized into categories by industry and business need. Business buyers can save weeks from the purchase cycle. </p>
<p>Value of GetApp.com to business applications buyers:</p>
<p>All services are free<br />
It saves time. Up to several weeks from&#8230;</p>
</p></div>
<div class="profile-image"></div>
</p></div>
<p>            Learn more
       		</p></div>
<p> <!-- End of panel item -->
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<p>         </p>
<p><img src="http://feedads.g.doubleclick.net/~at/FffBdPSJ82hlYmXZuJ4SUADiaDs/0/di" border="0" ismap="true"></img><br/><br />
<img src="http://feedads.g.doubleclick.net/~at/FffBdPSJ82hlYmXZuJ4SUADiaDs/1/di" border="0" ismap="true"></img></p>
<p><img src="http://feeds.feedburner.com/~r/techcrunchIt/~4/ZzMbEai-UX4" height="1" width="1"/></p>


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<p align="left"><a class="tt" href="http://twitter.com/home/?status=GetApp.com+Raises+%241.1+Million+For+Cloud-Based+Business+Apps+Store+http://www.itjobsandcareers.com/?p=950" title="Post to Twitter"><img class="nothumb" src="http://www.itjobsandcareers.com/wp-content/plugins/tweet-this/icons/tt-twitter.png" alt="Post to Twitter" /></a> <a class="tt" href="http://twitter.com/home/?status=GetApp.com+Raises+%241.1+Million+For+Cloud-Based+Business+Apps+Store+http://www.itjobsandcareers.com/?p=950" title="Post to Twitter">Tweet This Post</a></p>]]></content:encoded>
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		<title>TalkTo Allows Consumers To SMS Any Local Business And Get A Quick Response</title>
		<link>http://www.itjobsandcareers.com/2011/09/talkto-allows-consumers-to-sms-any-local-business-and-get-a-quick-response/</link>
		<comments>http://www.itjobsandcareers.com/2011/09/talkto-allows-consumers-to-sms-any-local-business-and-get-a-quick-response/#comments</comments>
		<pubDate>Sun, 25 Sep 2011 14:51:42 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Allows]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[Consumers]]></category>
		<category><![CDATA[Local]]></category>
		<category><![CDATA[Quick]]></category>
		<category><![CDATA[Response]]></category>
		<category><![CDATA[TalkTo]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/09/talkto-allows-consumers-to-sms-any-local-business-and-get-a-quick-response/</guid>
		<description><![CDATA[Have you ever called a local restaurant, store or service professional and been put on hold for more than give minutes? Or worse, you can&#8217;t get through to a representative and are left leaving a message on an answering machine with no assurance that you voicemail will be checked. The fact is it can be [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2011/09/talk.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="talk" title="talk" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="H" class="cap"><span>H</span></span>ave you ever called a local restaurant, store or service professional and been put on hold for more than give minutes? Or worse, you can&#8217;t get through to a representative and are left leaving a message on an answering machine with no assurance that you voicemail will be checked. The fact is it can be frustrating to communicate with local and general businesses via the phone. Enter TalkTo, a company launching today at TechCrunch Disrupt, which allows consumers to send text messages send messages to any business and get quick responses to questions, feedback, and more.</p>
<p>How does this happen? Well, TalkTo uses SMS to communicate with businesses. Via a web app, consumers can search for any business in the TalkTo directory, enter the address or location (city, zipcode etc.) and TalkTo will make sure that message will be seen by the business. With TalkTo, you can ask questions, give feedback, or make appointments or reservations directly with any business as easily as sending a text or instant message to your friend. </p>
<p>And what makes the platform so appealing is that a business doesn&#8217;t necessarily need to engage with TalkTo to receive the message. The company employs a call center that receives the message and will notify the business immediately of the request and will make sure the consumer receives an answer to the question.</p>
<p>Of coure, the aim is to onboard all businesses onto TalkTo&#8217;s self-serve platform so that businesses can take control over responding to consumer inquiries. Businesses can forward text messages to their email address (i.e. Google Voice) or a cell phone number. </p>
<p>For example, say you want to see how long the wait is at a restaurant. You simply search for the restaurant via TalkTo&#8217;s free iOS app, set a location, and send a text asking how long the wait time is. If the restaurant is online, it will receive the message immediately and can respond. If the establishment isn&#8217;t using TalkTo&#8217;s platform, a call center representative will call the restaurant, find out the wait time and SMS you immediately with the answer. </p>
<p>Another bonus for consumers is that they can see whether a business is online and using TalkTo&#8217;s self-service platform, ensuring that the business will respond immediately. So if you need a plumber for an emergency, you can see if the plumber will be able to contact you ASAP. </p>
<p>Founded by an entrepreneur-in-residence at General Catalyst and a physicist who worked at MIT&#8217;s Media Lab, the company plans to make money via advertising to TalkTo users via the app and also has a freemium model for businesses (but the startup says the majority of businesses will use the service for free).</p>
<p>TalkTo has the potential to disrupt the local business market (and national business market) in the same way that bringing chat onto retail sites had disrupting communications in e-commerce. No one wants to wait on the phone, and email can be slow as well. SMS Messaging is a natural form of communication these days and the most efficient for simple questions. It makes sense to bring this communication to businesses. </p>
<p>Q&amp;A<br />
Judges: John Ham (Ustream), Hilary Mason (Bit.ly), Kevin Rose (Milk), George Zachary (Charles River Ventures)</p>
<p>GZ: large companies are likely to have large number if customers. Isn&#8217;t it easier to get on the phone?</p>
<p>A: A phone call can be painful and outdated and frustrating. </p>
<p>KR: I love this idea, it is awesome. Reminds me of what uber has done for transportation. The fact that I can text is so lightweight.</p>
<p>HM: This is awesome. Do you have a data source for the restaurants and other listings. Do you give them back analytics.</p>
<p>A: Not yet.</p>
<p>JH: I like the idea because you are getting close to the consumer. What vertical will you focus on? How do you display business metadata to consumer?</p>
<p>A: We are going to start with disrupting the way people interact with businesses. </p>
<p>HM: Do you have anything in place to deal with dispute resolution.</p>
<p>A: Today, we don&#8217;t. But we will build out tools for businesses.</p>
<p>CZ: How do businesses receive the information?</p>
<p>A: It&#8217;s realtime chat based on Python. </p>
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<span class="STtranscriptContent" name="230" id="STtranscriptContent1">Thanks to those who remember why that is funny. </span><span class="STtranscriptContent" name="4040" id="STtranscriptContent2">Okay, so please welcome our first start up from TalkTwo. </span><span class="STtranscriptContent" name="7440" id="STtranscriptContent3">We&#8217;ve got Stewart Levinson and Riley </span><span class="STtranscriptContent" name="9010" id="STtranscriptContent4">Crane, big round of </span><span class="STtranscriptContent" name="10720" id="STtranscriptContent5">applause for that. </p>
<p></span><span class="STtranscriptContent" name="16090" id="STtranscriptContent6">We all carry around these amazing </span><span class="STtranscriptContent" name="17820" id="STtranscriptContent7">devices and it&#8217;s incredibly </span><span class="STtranscriptContent" name="19500" id="STtranscriptContent8">simple to communicate with our friends and our family. </span><span class="STtranscriptContent" name="22040" id="STtranscriptContent9">But when I want </span><span class="STtranscriptContent" name="23280" id="STtranscriptContent10">to communicate with the places </span><span class="STtranscriptContent" name="24460" id="STtranscriptContent11">around me, why is it so hard?  </span><span class="STtranscriptContent" name="26970" id="STtranscriptContent12">I don&#8217;t want to hunt through </span><span class="STtranscriptContent" name="27970" id="STtranscriptContent13">a little contact us page, and </span><span class="STtranscriptContent" name="29720" id="STtranscriptContent14">then call and press 1 and then 4 and then 6 just to be stuck on hold.  </p>
<p></span><span class="STtranscriptContent" name="34290" id="STtranscriptContent15">I just want to send a question and get on with my day. </span><span class="STtranscriptContent" name="37710" id="STtranscriptContent16">With Talk To, now you can. </span><span class="STtranscriptContent" name="40000" id="STtranscriptContent17">I&#8217;m Riley Crane And I&#8217;m Stewart </span><span class="STtranscriptContent" name="41590" id="STtranscriptContent18">Levinson, and we&#8217;re the founders of talk to.  </span><span class="STtranscriptContent" name="44610" id="STtranscriptContent19">TalkTo let&#8217;s you text any </span><span class="STtranscriptContent" name="47180" id="STtranscriptContent20">local business as easily as </span><span class="STtranscriptContent" name="48990" id="STtranscriptContent21">you text your friends so that you can get text responses.  </span><span class="STtranscriptContent" name="52690" id="STtranscriptContent22">And to show you how this works, </span><span class="STtranscriptContent" name="54460" id="STtranscriptContent23">Riley needs to set up </span><span class="STtranscriptContent" name="55370" id="STtranscriptContent24">an anniversary date, and he&#8217;s </span><span class="STtranscriptContent" name="56640" id="STtranscriptContent25">going to do it in this six minute demo. </span><span class="STtranscriptContent" name="58870" id="STtranscriptContent26">He needs a restaurantfront . </p>
<p></span><span class="STtranscriptContent" name="61000" id="STtranscriptContent27">He definitely needs some </span><span class="STtranscriptContent" name="62640" id="STtranscriptContent28">flowers, and he wants to book a room in a really nice hotel.  </span><span class="STtranscriptContent" name="66570" id="STtranscriptContent29">So let&#8217;s take a look. </span><span class="STtranscriptContent" name="68730" id="STtranscriptContent30">The difference is he&#8217;s going to do this entirely with text messages. </span><span class="STtranscriptContent" name="73800" id="STtranscriptContent31">So as he sends this message to </span><span class="STtranscriptContent" name="75190" id="STtranscriptContent32">Zuni Cafe, Barbara&#8217;s favorite, the </span><span class="STtranscriptContent" name="77120" id="STtranscriptContent33">first thing you notice is it looks very much like SMS.  </p>
<p></span><span class="STtranscriptContent" name="80900" id="STtranscriptContent34">There&#8217;s nothing new to learn.  </span><span class="STtranscriptContent" name="83100" id="STtranscriptContent35">Instead of typing in your friend&#8217;s </span><span class="STtranscriptContent" name="84360" id="STtranscriptContent36">name, you type in the name of the business.  </span><span class="STtranscriptContent" name="88030" id="STtranscriptContent37">You put in the message, &#8220;I want </span><span class="STtranscriptContent" name="89560" id="STtranscriptContent38">a table for two at eight and you send it. </span><span class="STtranscriptContent" name="92350" id="STtranscriptContent39">You get on with your day.  </span><span class="STtranscriptContent" name="94900" id="STtranscriptContent40">Talkto literally lets you send </span><span class="STtranscriptContent" name="96330" id="STtranscriptContent41">a message to any local  </span><span class="STtranscriptContent" name="98120" id="STtranscriptContent42">business, even if they&#8217;ve </span><span class="STtranscriptContent" name="99510" id="STtranscriptContent43">never heard of Talkto before.  </p>
<p></span><span class="STtranscriptContent" name="101480" id="STtranscriptContent44">So, he needs to get some flowers.  </span><span class="STtranscriptContent" name="104770" id="STtranscriptContent45">He doesn&#8217;t know the name of a florist.  </span><span class="STtranscriptContent" name="107240" id="STtranscriptContent46">So, he&#8217;s going to type in the category of &#8220;florist&#8221;. </span><span class="STtranscriptContent" name="110050" id="STtranscriptContent47">It&#8217;s going to do a search and, </span><span class="STtranscriptContent" name="111980" id="STtranscriptContent48">Kevin, could you choose one of them for us?  </span><span class="STtranscriptContent" name="118830" id="STtranscriptContent49">He chooses one of the florists. </span><span class="STtranscriptContent" name="119980" id="STtranscriptContent50">We&#8217;re going to send the message, </span><span class="STtranscriptContent" name="121220" id="STtranscriptContent51">&#8220;Can I pick up </span><span class="STtranscriptContent" name="123270" id="STtranscriptContent52">some roses at the end of the day when I&#8217;m leaving work?&#8221;  </span><span class="STtranscriptContent" name="127500" id="STtranscriptContent53">Now Riley is going to stay </span><span class="STtranscriptContent" name="128440" id="STtranscriptContent54">on the screen for a minute so </span><span class="STtranscriptContent" name="129570" id="STtranscriptContent55">if messages are coming back we can see those when they come in.  </p>
<p></span><span class="STtranscriptContent" name="133140" id="STtranscriptContent56">And you&#8217;re probably wondering what&#8217;s happening to those messages.  </span><span class="STtranscriptContent" name="137630" id="STtranscriptContent57">Talk Two learns how businesses </span><span class="STtranscriptContent" name="139930" id="STtranscriptContent58">want you to contact them.  </span><span class="STtranscriptContent" name="142010" id="STtranscriptContent59">That florist, perhaps they want to get an SMS on a phone. </span><span class="STtranscriptContent" name="146020" id="STtranscriptContent60">Another business wants to receive an email. </span><span class="STtranscriptContent" name="148700" id="STtranscriptContent61">Another business is a </span><span class="STtranscriptContent" name="150570" id="STtranscriptContent62">sophisticated Twitter user and </span><span class="STtranscriptContent" name="152110" id="STtranscriptContent63">would rather receive direct messages in Twitter. </p>
<p></span><span class="STtranscriptContent" name="155090" id="STtranscriptContent64">The point is, every local business </span><span class="STtranscriptContent" name="157070" id="STtranscriptContent65">is different, but you&#8217;re the </span><span class="STtranscriptContent" name="158460" id="STtranscriptContent66">customer and your shouldn&#8217;t have to care. </span><span class="STtranscriptContent" name="161010" id="STtranscriptContent67">You should be able to send one message and get on with your day.  </span><span class="STtranscriptContent" name="164580" id="STtranscriptContent68">So I have already gotten a </span><span class="STtranscriptContent" name="165750" id="STtranscriptContent69">response back from Zooni Cafe, </span><span class="STtranscriptContent" name="168090" id="STtranscriptContent70">they say they have a table </span><span class="STtranscriptContent" name="169170" id="STtranscriptContent71">for two at six forty-five or </span><span class="STtranscriptContent" name="170560" id="STtranscriptContent72">nine, do you prefer up stairs or downstairs? </p>
<p></span><span class="STtranscriptContent" name="173290" id="STtranscriptContent73">So I&#8217;m going to take table at nine upstairs.  </p>
<p></span><span class="STtranscriptContent" name="177230" id="STtranscriptContent74">If you send a message to </span><span class="STtranscriptContent" name="178500" id="STtranscriptContent75">a business that Talk To has </span><span class="STtranscriptContent" name="179740" id="STtranscriptContent76">not learned anything about yet </span><span class="STtranscriptContent" name="181390" id="STtranscriptContent77">we don&#8217;t yet know how to </span><span class="STtranscriptContent" name="182570" id="STtranscriptContent78">send messages to them, Talk </span><span class="STtranscriptContent" name="184680" id="STtranscriptContent79">Two&#8217;s call center will actually </span><span class="STtranscriptContent" name="186130" id="STtranscriptContent80">make a call on your behalf </span><span class="STtranscriptContent" name="187650" id="STtranscriptContent81">to the call center, get the </span><span class="STtranscriptContent" name="189040" id="STtranscriptContent82">answer for you, and will </span><span class="STtranscriptContent" name="190180" id="STtranscriptContent83">send it back to you as a </span><span class="STtranscriptContent" name="191150" id="STtranscriptContent84">text message good for </span><span class="STtranscriptContent" name="193070" id="STtranscriptContent85">your, but it is also </span><span class="STtranscriptContent" name="194340" id="STtranscriptContent86">really good for us, because what </span><span class="STtranscriptContent" name="195660" id="STtranscriptContent87">we do is we use that </span><span class="STtranscriptContent" name="197050" id="STtranscriptContent88">as an opportunity to learn more </span><span class="STtranscriptContent" name="198820" id="STtranscriptContent89">about that business so we </span><span class="STtranscriptContent" name="199930" id="STtranscriptContent90">automate that process going forward, </span><span class="STtranscriptContent" name="202290" id="STtranscriptContent91">we now know how they want </span><span class="STtranscriptContent" name="203400" id="STtranscriptContent92">to receive messages, and we can </span><span class="STtranscriptContent" name="204920" id="STtranscriptContent93">do it automatically without a call center in the middle.</p>
<p></span><span class="STtranscriptContent" name="208180" id="STtranscriptContent94">Now I got another one back from the florist. </span><span class="STtranscriptContent" name="210930" id="STtranscriptContent95">The Rose Bowl florist has roses available. </span><span class="STtranscriptContent" name="212850" id="STtranscriptContent96">Would you like the roses in a vase or wrapped. </span><span class="STtranscriptContent" name="215050" id="STtranscriptContent97">Also would you like red roses  </span><span class="STtranscriptContent" name="216780" id="STtranscriptContent98">or two toned rose with read </span><span class="STtranscriptContent" name="217980" id="STtranscriptContent99">and cream, I guess I&#8217;m going to take red roses. </p>
<p> </span><span class="STtranscriptContent" name="222070" id="STtranscriptContent100">So the idea here is </span><span class="STtranscriptContent" name="223570" id="STtranscriptContent101">to realize that some businesses </span><span class="STtranscriptContent" name="224890" id="STtranscriptContent102">are going to be fast and some are going to be slow.  </span><span class="STtranscriptContent" name="228120" id="STtranscriptContent103">TalkTo is going to track </span><span class="STtranscriptContent" name="229650" id="STtranscriptContent104">this responsiveness and we&#8217;re going to make it public.  </span><span class="STtranscriptContent" name="232660" id="STtranscriptContent105">We want you to be able </span><span class="STtranscriptContent" name="233440" id="STtranscriptContent106">to make an informed decision when </span><span class="STtranscriptContent" name="235400" id="STtranscriptContent107">you go to by florist, which florist </span><span class="STtranscriptContent" name="237520" id="STtranscriptContent108">is likely to get back to </span><span class="STtranscriptContent" name="238620" id="STtranscriptContent109">you more quickly, based on </span><span class="STtranscriptContent" name="239980" id="STtranscriptContent110">how they responded to others </span><span class="STtranscriptContent" name="241350" id="STtranscriptContent111">before you.  </p>
<p></span><span class="STtranscriptContent" name="246200" id="STtranscriptContent112">So we like to do now is to get a </span><span class="STtranscriptContent" name="246640" id="STtranscriptContent113">room and a really nice hotel, and </span><span class="STtranscriptContent" name="249990" id="STtranscriptContent114">Barbara would like a room at </span><span class="STtranscriptContent" name="251360" id="STtranscriptContent115">the Taj Hampton place hotel </span><span class="STtranscriptContent" name="253320" id="STtranscriptContent116">in union square, beautiful hotel and so.  </span><span class="STtranscriptContent" name="256490" id="STtranscriptContent117">what, in fact what </span><span class="STtranscriptContent" name="258680" id="STtranscriptContent118">Riley is doing at this point is </span><span class="STtranscriptContent" name="259940" id="STtranscriptContent119">searching for hotels so that </span><span class="STtranscriptContent" name="261170" id="STtranscriptContent120">we can tell you about two </span><span class="STtranscriptContent" name="262240" id="STtranscriptContent121">really interesting things here in our search. </p>
<p></span><span class="STtranscriptContent" name="266000" id="STtranscriptContent122">He searched for Hotel Union Square San Francisco. </span><span class="STtranscriptContent" name="269180" id="STtranscriptContent123">And we see at the top that </span><span class="STtranscriptContent" name="270300" id="STtranscriptContent124">the Taj Campton Place Hotel </span><span class="STtranscriptContent" name="272190" id="STtranscriptContent125">is online, ready to chat </span><span class="STtranscriptContent" name="274260" id="STtranscriptContent126">with people that want to make reservations.  </span><span class="STtranscriptContent" name="278790" id="STtranscriptContent127">You&#8217;ve seen in a buddy </span><span class="STtranscriptContent" name="280140" id="STtranscriptContent128">list, friends that are </span><span class="STtranscriptContent" name="281580" id="STtranscriptContent129">online but you haven&#8217;t seen </span><span class="STtranscriptContent" name="283360" id="STtranscriptContent130">in normal search results, businesses </span><span class="STtranscriptContent" name="285320" id="STtranscriptContent131">that are online and ready to chat with you.  </p>
<p></span><span class="STtranscriptContent" name="287470" id="STtranscriptContent132">So that&#8217;s one thing that&#8217;s really powerful. </span><span class="STtranscriptContent" name="290290" id="STtranscriptContent133">The second thing is that when </span><span class="STtranscriptContent" name="291590" id="STtranscriptContent134">a business is online, it means </span><span class="STtranscriptContent" name="293060" id="STtranscriptContent135">that it&#8217;s responsive to its customers, </span><span class="STtranscriptContent" name="295080" id="STtranscriptContent136">and so we move it to the top.  </span><span class="STtranscriptContent" name="297070" id="STtranscriptContent137">It&#8217;s like paid search except you don&#8217;t have to pay for it. </span><span class="STtranscriptContent" name="300240" id="STtranscriptContent138">You just have to be responsive </span><span class="STtranscriptContent" name="301620" id="STtranscriptContent139">to your customers and you&#8217;ll be rewarded for it. </p>
<p></span><span class="STtranscriptContent" name="305580" id="STtranscriptContent140">So Riley&#8217;s going to send </span><span class="STtranscriptContent" name="306590" id="STtranscriptContent141">a message that says, can </span><span class="STtranscriptContent" name="308240" id="STtranscriptContent142">I get a room&#8230; it is my </span><span class="STtranscriptContent" name="309980" id="STtranscriptContent143">anniversary and we would </span><span class="STtranscriptContent" name="313280" id="STtranscriptContent144">like to do something special.  </span><span class="STtranscriptContent" name="315230" id="STtranscriptContent145">And while he&#8217;s sending that, let&#8217;s just take a minute to talk about how TalkTo is going to make money.  </span><span class="STtranscriptContent" name="319570" id="STtranscriptContent146">We&#8217;re going to offer a premium </span><span class="STtranscriptContent" name="320730" id="STtranscriptContent147">plan to businesses that want </span><span class="STtranscriptContent" name="322720" id="STtranscriptContent148">to do more than just have </span><span class="STtranscriptContent" name="324110" id="STtranscriptContent149">chat and offline notifications So </span><span class="STtranscriptContent" name="326210" id="STtranscriptContent150">there are premium and advanced features that we&#8217;ll offer.  </p>
<p></span><span class="STtranscriptContent" name="330030" id="STtranscriptContent151">We&#8217;re also going to offer a </span><span class="STtranscriptContent" name="331310" id="STtranscriptContent152">premium plan to consumers that would </span><span class="STtranscriptContent" name="333360" id="STtranscriptContent153">like the call center to </span><span class="STtranscriptContent" name="334850" id="STtranscriptContent154">always act as a personal </span><span class="STtranscriptContent" name="336690" id="STtranscriptContent155">assistant, making calls on their behalf. </span><span class="STtranscriptContent" name="340030" id="STtranscriptContent156">And third, it&#8217;s kind of </span><span class="STtranscriptContent" name="341890" id="STtranscriptContent157">a natural opportunity for advertising and affiliate revenue. </span><span class="STtranscriptContent" name="344310" id="STtranscriptContent158">because the users of talk to are ready for business. </span><span class="STtranscriptContent" name="347200" id="STtranscriptContent159">Do you have this product in stock? </p>
<p></span><span class="STtranscriptContent" name="349390" id="STtranscriptContent160">Can I get this repaired? </span><span class="STtranscriptContent" name="350550" id="STtranscriptContent161">Can I book this appointment? </span><span class="STtranscriptContent" name="351960" id="STtranscriptContent162">It&#8217;s the right audience.  </span><span class="STtranscriptContent" name="354980" id="STtranscriptContent163">We&#8217;ve got a response </span><span class="STtranscriptContent" name="357780" id="STtranscriptContent164">back from the Taj Campton Place </span><span class="STtranscriptContent" name="359240" id="STtranscriptContent165">Hotel, which is online live </span><span class="STtranscriptContent" name="361070" id="STtranscriptContent166">right now in Union Square if anyone wants to go over there.  </span><span class="STtranscriptContent" name="363960" id="STtranscriptContent167">They wished us a happy anniversary, </span><span class="STtranscriptContent" name="365290" id="STtranscriptContent168">said they have a Campton </span><span class="STtranscriptContent" name="366500" id="STtranscriptContent169">suite available, another message </span><span class="STtranscriptContent" name="368580" id="STtranscriptContent170">just came in, would you </span><span class="STtranscriptContent" name="369910" id="STtranscriptContent171">also like to dine with us?  </p>
<p></span><span class="STtranscriptContent" name="372550" id="STtranscriptContent172">So I&#8217;m going to get back to them, but in </span><span class="STtranscriptContent" name="374380" id="STtranscriptContent173">the course of this demo I&#8217;ve </span><span class="STtranscriptContent" name="376030" id="STtranscriptContent174">managed to book a hotel, </span><span class="STtranscriptContent" name="379490" id="STtranscriptContent175">I&#8217;ve got flowers, and I&#8217;ve </span><span class="STtranscriptContent" name="381130" id="STtranscriptContent176">got restaraunt for tonight </span><span class="STtranscriptContent" name="383690" id="STtranscriptContent177">and I did it all with text messaging. </p>
<p></span><span class="STtranscriptContent" name="386150" id="STtranscriptContent178">Our beta is officially open today. </span><span class="STtranscriptContent" name="388960" id="STtranscriptContent179">Our mission is simple.We </span><span class="STtranscriptContent" name="390450" id="STtranscriptContent180">want it to be as easy </span><span class="STtranscriptContent" name="391680" id="STtranscriptContent181">to text local businesses, </span><span class="STtranscriptContent" name="394210" id="STtranscriptContent182">as it is to text your friends.  </span><span class="STtranscriptContent" name="395580" id="STtranscriptContent183">To our amazing team, thank you, so much and to Tech Crunch.  </span><span class="STtranscriptContent" name="399180" id="STtranscriptContent184">Thank you.  </p>
<p></span><span class="STtranscriptContent" name="400150" id="STtranscriptContent185">I told to everyone. </p>
<p></span><span class="STtranscriptContent" name="403630" id="STtranscriptContent186">Ok judges.  </span><span class="STtranscriptContent" name="405250" id="STtranscriptContent187">George, do you want to kick off any questions? </span><span class="STtranscriptContent" name="409270" id="STtranscriptContent188">Comments? </p>
<p></span><span class="STtranscriptContent" name="411040" id="STtranscriptContent189">Well, there&#8217;s a couple </span><span class="STtranscriptContent" name="412540" id="STtranscriptContent190">of questions, one is large </span><span class="STtranscriptContent" name="414380" id="STtranscriptContent191">companies are likely to have </span><span class="STtranscriptContent" name="416830" id="STtranscriptContent192">automated systems to take input </span><span class="STtranscriptContent" name="418710" id="STtranscriptContent193">from customers, large companies like hotel chains. </span><span class="STtranscriptContent" name="423750" id="STtranscriptContent194">For simple requests I could see </span><span class="STtranscriptContent" name="425040" id="STtranscriptContent195">where this might get routed through an application through some kind of adapter.  </span><span class="STtranscriptContent" name="428320" id="STtranscriptContent196">If I had some kind of complex </span><span class="STtranscriptContent" name="429500" id="STtranscriptContent197">request, isn&#8217;t it easier for </span><span class="STtranscriptContent" name="430880" id="STtranscriptContent198">me to pick up the phone and call </span><span class="STtranscriptContent" name="432000" id="STtranscriptContent199">someone as opposed instead </span><span class="STtranscriptContent" name="434240" id="STtranscriptContent200">of having ten texts back and forth?  </p>
<p></span><span class="STtranscriptContent" name="437240" id="STtranscriptContent201">It, it, it could be and </span><span class="STtranscriptContent" name="438420" id="STtranscriptContent202">if you want to call we&#8217;ll give you the number and you could always call. </span><span class="STtranscriptContent" name="440740" id="STtranscriptContent203">But I think TalkTo is built </span><span class="STtranscriptContent" name="442470" id="STtranscriptContent204">for people who think that  </span><span class="STtranscriptContent" name="444800" id="STtranscriptContent205">sync through a contact page, and </span><span class="STtranscriptContent" name="446310" id="STtranscriptContent206">making a phone call, and pressing </span><span class="STtranscriptContent" name="447850" id="STtranscriptContent207">one and four and six and </span><span class="STtranscriptContent" name="449290" id="STtranscriptContent208">going through phone trees is painful </span><span class="STtranscriptContent" name="450780" id="STtranscriptContent209">and it&#8217;s outdated They&#8217;ve realized </span><span class="STtranscriptContent" name="453710" id="STtranscriptContent210">that texting their friends is the </span><span class="STtranscriptContent" name="454820" id="STtranscriptContent211">way they want to communicate and </span><span class="STtranscriptContent" name="456980" id="STtranscriptContent212">when you send that first message </span><span class="STtranscriptContent" name="458520" id="STtranscriptContent213">to a hotel or to </span><span class="STtranscriptContent" name="459830" id="STtranscriptContent214">a shop to find out something </span><span class="STtranscriptContent" name="461930" id="STtranscriptContent215">and you get that message back, it&#8217;s </span><span class="STtranscriptContent" name="464030" id="STtranscriptContent216">just delightful because you never </span><span class="STtranscriptContent" name="465400" id="STtranscriptContent217">had to make that phone call and so I think there&#8217;s an opportunity there.</p>
<p></span><span class="STtranscriptContent" name="467810" id="STtranscriptContent218">I like that, the intimacy </span><span class="STtranscriptContent" name="469390" id="STtranscriptContent219">aspect of that, of making </span><span class="STtranscriptContent" name="470600" id="STtranscriptContent220">the customer feel like they&#8217;re engaged with someone.  </span><span class="STtranscriptContent" name="474110" id="STtranscriptContent221">My question was really more </span><span class="STtranscriptContent" name="475300" id="STtranscriptContent222">about complex customer queries. </span><span class="STtranscriptContent" name="478800" id="STtranscriptContent223">But thank you.</p>
<p></span><span class="STtranscriptContent" name="479490" id="STtranscriptContent224">Ok. </span><span class="STtranscriptContent" name="480070" id="STtranscriptContent225">Thank you. </span><span class="STtranscriptContent" name="480330" id="STtranscriptContent226">Kevin?</p>
<p>  </span><span class="STtranscriptContent" name="481530" id="STtranscriptContent227">I love this idea. </span><span class="STtranscriptContent" name="482850" id="STtranscriptContent228">I think it&#8217;s awesome. </span><span class="STtranscriptContent" name="484780" id="STtranscriptContent229">You know, it reminds me of </span><span class="STtranscriptContent" name="486130" id="STtranscriptContent230">what Uber has done for transportation, just made it so simple. </span><span class="STtranscriptContent" name="488850" id="STtranscriptContent231">It&#8217;s like a single ush of a button it&#8217;s done. </span><span class="STtranscriptContent" name="490340" id="STtranscriptContent232">I don&#8217;t have to call the cab company and tell them where I live and all of those things. </span><span class="STtranscriptContent" name="494090" id="STtranscriptContent233">I just love the idea of being </span><span class="STtranscriptContent" name="494950" id="STtranscriptContent234">able to jump on and make a quick text and book something. </p>
<p></span><span class="STtranscriptContent" name="497510" id="STtranscriptContent235">It makes complete sense. </span><span class="STtranscriptContent" name="499430" id="STtranscriptContent236">And I think the premium </span><span class="STtranscriptContent" name="500850" id="STtranscriptContent237">model of having a paid-for </span><span class="STtranscriptContent" name="502640" id="STtranscriptContent238">service that is kind of </span><span class="STtranscriptContent" name="504960" id="STtranscriptContent239">like an American Express card </span><span class="STtranscriptContent" name="506970" id="STtranscriptContent240">on crack makes sense to me. </span><span class="STtranscriptContent" name="509100" id="STtranscriptContent241">You know, you call American </span><span class="STtranscriptContent" name="511120" id="STtranscriptContent242">Express, you try to get a </span><span class="STtranscriptContent" name="512130" id="STtranscriptContent243">room or whatever and it&#8217;s still a lot of hand-holding.  </span><span class="STtranscriptContent" name="514360" id="STtranscriptContent244">that the fact that I can just text is so much more light weight.  </p>
<p></span><span class="STtranscriptContent" name="517470" id="STtranscriptContent245">Good job. </p>
<p></span><span class="STtranscriptContent" name="518010" id="STtranscriptContent246">Thank you.</p>
<p></span><span class="STtranscriptContent" name="518300" id="STtranscriptContent247">Thanks.</p>
<p></span><span class="STtranscriptContent" name="519080" id="STtranscriptContent248">Hilary. </p>
<p></span><span class="STtranscriptContent" name="520500" id="STtranscriptContent249">Yeah I really like this also. </span><span class="STtranscriptContent" name="521710" id="STtranscriptContent250">I really think it&#8217;s awesome. </span><span class="STtranscriptContent" name="523830" id="STtranscriptContent251">But I was wondering I have two questions, actually.  </span><span class="STtranscriptContent" name="526130" id="STtranscriptContent252">So do restaurants and other </span><span class="STtranscriptContent" name="527500" id="STtranscriptContent253">businesses show up in the listing?</p>
<p></span><span class="STtranscriptContent" name="530020" id="STtranscriptContent254">I&#8217;m sorry?</p>
<p></span><span class="STtranscriptContent" name="530650" id="STtranscriptContent255">You can&#8217;t hear me?</p>
<p></span><span class="STtranscriptContent" name="531240" id="STtranscriptContent256">Okay.</p>
<p></span><span class="STtranscriptContent" name="531770" id="STtranscriptContent257">Come over here.</p>
<p></span><span class="STtranscriptContent" name="532400" id="STtranscriptContent258">Do the restaurants and business show up </span><span class="STtranscriptContent" name="533490" id="STtranscriptContent259">in the listing like when </span><span class="STtranscriptContent" name="535340" id="STtranscriptContent260">you&#8217;re just searching hotel union square.  </span><span class="STtranscriptContent" name="537250" id="STtranscriptContent261">Do you have a data source </span><span class="STtranscriptContent" name="538110" id="STtranscriptContent262">for that or do you have to done business with them before?</p>
<p></span><span class="STtranscriptContent" name="541740" id="STtranscriptContent263">Yeah, the fact is </span><span class="STtranscriptContent" name="543240" id="STtranscriptContent264">we&#8217;re launching today with all businesses.  </span><span class="STtranscriptContent" name="546480" id="STtranscriptContent265">So that we&#8217;re not waiting for businesses to say, &#8220;We want to sign up with TalkTo.&#8221; </span><span class="STtranscriptContent" name="549650" id="STtranscriptContent266">If you want to talk </span><span class="STtranscriptContent" name="550840" id="STtranscriptContent267">to our restaurant or a shop or </span><span class="STtranscriptContent" name="552000" id="STtranscriptContent268">a hotel they&#8217;re there and we&#8217;re ready. </p>
<p></span><span class="STtranscriptContent" name="553870" id="STtranscriptContent269">Do you give them back any </span><span class="STtranscriptContent" name="556910" id="STtranscriptContent270">analytics on how often they showed up or </span><span class="STtranscriptContent" name="557470" id="STtranscriptContent271">anything like that?</p>
<p></span><span class="STtranscriptContent" name="559120" id="STtranscriptContent272">Today?  </span><span class="STtranscriptContent" name="559150" id="STtranscriptContent273">No.  </span><span class="STtranscriptContent" name="559210" id="STtranscriptContent274">But that&#8217;s definitely something that </span><span class="STtranscriptContent" name="561510" id="STtranscriptContent275">we&#8217;ve talked through with some </span><span class="STtranscriptContent" name="562880" id="STtranscriptContent276">of the other businesses, and their </span><span class="STtranscriptContent" name="563870" id="STtranscriptContent277">very interested so we&#8217;re working with them on that. </p>
<p></span><span class="STtranscriptContent" name="567490" id="STtranscriptContent278">Awesome.</p>
<p></span><span class="STtranscriptContent" name="568680" id="STtranscriptContent279">John? </p>
<p></span><span class="STtranscriptContent" name="569790" id="STtranscriptContent280">I like the idea </span><span class="STtranscriptContent" name="572440" id="STtranscriptContent281">because you&#8217;re getting really close to the consumer.  </span><span class="STtranscriptContent" name="575930" id="STtranscriptContent282">When you go to market </span><span class="STtranscriptContent" name="577250" id="STtranscriptContent283">you obviously can&#8217;t focus on everything all want. </span><span class="STtranscriptContent" name="579720" id="STtranscriptContent284">So what vertical are you going to focus on? </span><span class="STtranscriptContent" name="583580" id="STtranscriptContent285">And then also businesses have </span><span class="STtranscriptContent" name="586070" id="STtranscriptContent286">so much metadata around their products and prices. </span><span class="STtranscriptContent" name="588740" id="STtranscriptContent287">And you want to display </span><span class="STtranscriptContent" name="590280" id="STtranscriptContent288">all that to the consumer </span><span class="STtranscriptContent" name="592360" id="STtranscriptContent289">so there&#8217;s this specialized new item could exist.So </span><span class="STtranscriptContent" name="596450" id="STtranscriptContent290">you&#8217;re going to start with florists </span><span class="STtranscriptContent" name="597920" id="STtranscriptContent291">or&#8230;  you know, hotels </span><span class="STtranscriptContent" name="600760" id="STtranscriptContent292">or.</p>
<p></span><span class="STtranscriptContent" name="601300" id="STtranscriptContent293">I think we&#8217;re going to start with disrupting the way people communicate with businesses. </span><span class="STtranscriptContent" name="604650" id="STtranscriptContent294">We want them to stop making </span><span class="STtranscriptContent" name="606860" id="STtranscriptContent295">phone calls and going through </span><span class="STtranscriptContent" name="609660" id="STtranscriptContent296">being put on hold, and going </span><span class="STtranscriptContent" name="610750" id="STtranscriptContent297">through phone trees, and searching for email addresses.  </span><span class="STtranscriptContent" name="613530" id="STtranscriptContent298">but to your point, we really want this to be about text. </span><span class="STtranscriptContent" name="616260" id="STtranscriptContent299">And I think there will be </span><span class="STtranscriptContent" name="617360" id="STtranscriptContent300">more advanced opportunities, but the </span><span class="STtranscriptContent" name="618970" id="STtranscriptContent301">first opportunity for us is  </span><span class="STtranscriptContent" name="620770" id="STtranscriptContent302">completely simplify this so </span><span class="STtranscriptContent" name="622160" id="STtranscriptContent303">that the consumer can send one </span><span class="STtranscriptContent" name="623350" id="STtranscriptContent304">message and get on with their day.</p>
<p></span><span class="STtranscriptContent" name="626750" id="STtranscriptContent305">Okay.</p>
<p></span><span class="STtranscriptContent" name="626970" id="STtranscriptContent306">Any last thoughts from the judges?</p>
<p></span><span class="STtranscriptContent" name="627830" id="STtranscriptContent307">Another question. </span><span class="STtranscriptContent" name="628540" id="STtranscriptContent308">Do you have anything in place </span><span class="STtranscriptContent" name="630000" id="STtranscriptContent309">to deal with dispute resolution where </span><span class="STtranscriptContent" name="632600" id="STtranscriptContent310">even with the best intentions </span><span class="STtranscriptContent" name="634040" id="STtranscriptContent311">there is some miscommunications and the consumer doesn&#8217;t what they expected.  </span><span class="STtranscriptContent" name="638810" id="STtranscriptContent312">I mean today we don&#8217;t </span><span class="STtranscriptContent" name="640310" id="STtranscriptContent313">but again we&#8217;re coming out of stealth right now. </span><span class="STtranscriptContent" name="643090" id="STtranscriptContent314">This is the first time we&#8217;ve ever </span><span class="STtranscriptContent" name="644240" id="STtranscriptContent315">said anything publicly about TalkTo </span><span class="STtranscriptContent" name="645760" id="STtranscriptContent316">and so in this </span><span class="STtranscriptContent" name="647490" id="STtranscriptContent317">early phase we&#8217;ve been focused on consumers.  </p>
<p></span><span class="STtranscriptContent" name="649720" id="STtranscriptContent318">And so now we&#8217;re returning to </span><span class="STtranscriptContent" name="650910" id="STtranscriptContent319">phase two which is focusing on </span><span class="STtranscriptContent" name="652020" id="STtranscriptContent320">businesses and building up those </span><span class="STtranscriptContent" name="653240" id="STtranscriptContent321">tools that their going to </span><span class="STtranscriptContent" name="654300" id="STtranscriptContent322">need to handle these kinds of dispute resolutions. </span><span class="STtranscriptContent" name="656550" id="STtranscriptContent323">But at the end of the day </span><span class="STtranscriptContent" name="657990" id="STtranscriptContent324">you can communicate, you&#8217;re sending a text, you can.  </span><span class="STtranscriptContent" name="660550" id="STtranscriptContent325">There&#8217;s all that right there.</p>
<p></span><span class="STtranscriptContent" name="662020" id="STtranscriptContent326">Can talk to you provide </span><span class="STtranscriptContent" name="663260" id="STtranscriptContent327">my credit card credentials to </span><span class="STtranscriptContent" name="665350" id="STtranscriptContent328">the in business so that I can just release that, too.</p>
<p></span><span class="STtranscriptContent" name="669740" id="STtranscriptContent329">So this is the one of </span><span class="STtranscriptContent" name="670650" id="STtranscriptContent330">the most requested things we&#8217;ve heard, </span><span class="STtranscriptContent" name="672290" id="STtranscriptContent331">is that, ok, you&#8217;ve enabled us to have this online chat.  </span><span class="STtranscriptContent" name="675580" id="STtranscriptContent332">And we, and you&#8217;ve made it very easy.  </span><span class="STtranscriptContent" name="677450" id="STtranscriptContent333">But that premium feature for </span><span class="STtranscriptContent" name="679260" id="STtranscriptContent334">consumers is not only </span><span class="STtranscriptContent" name="680920" id="STtranscriptContent335">the availability of the call center </span><span class="STtranscriptContent" name="682040" id="STtranscriptContent336">in the background, but it&#8217;s being </span><span class="STtranscriptContent" name="683520" id="STtranscriptContent337">able to store your profiles </span><span class="STtranscriptContent" name="685280" id="STtranscriptContent338">to the that information is available </span><span class="STtranscriptContent" name="686660" id="STtranscriptContent339">to whatever business you choose to share it with. </p>
<p></span><span class="STtranscriptContent" name="688720" id="STtranscriptContent340">Right, ya, awesome. </span><span class="STtranscriptContent" name="690470" id="STtranscriptContent341">It&#8217;s not there, and we&#8217;ll look at that for the premium plan. </p>
<p></span><span class="STtranscriptContent" name="693890" id="STtranscriptContent342">Quick question, what&#8217;s the </span><span class="STtranscriptContent" name="696090" id="STtranscriptContent343">technology used to route the message to the business? </span><span class="STtranscriptContent" name="699260" id="STtranscriptContent344">How do they receive it? </p>
<p></span><span class="STtranscriptContent" name="700860" id="STtranscriptContent345">So, as mentioned in the talk.  </span><span class="STtranscriptContent" name="702690" id="STtranscriptContent346">It&#8217;s a python stack with all real time infrastructure. </span><span class="STtranscriptContent" name="705630" id="STtranscriptContent347">So everything is technically chat </span><span class="STtranscriptContent" name="707240" id="STtranscriptContent348">going into the system, so if </span><span class="STtranscriptContent" name="708370" id="STtranscriptContent349">the business is online, it&#8217;s a real time chat. </span><span class="STtranscriptContent" name="711230" id="STtranscriptContent350">If they&#8217;re not online, then Businesses </span><span class="STtranscriptContent" name="712800" id="STtranscriptContent351">told us that they prefer &#8220;route </span><span class="STtranscriptContent" name="714290" id="STtranscriptContent352">it to our Twitter account, route </span><span class="STtranscriptContent" name="715590" id="STtranscriptContent353">it to our email, route it to the phone in my pocket&#8221;. </p>
<p></span><span class="STtranscriptContent" name="718470" id="STtranscriptContent354">Then the phone gets brokered through us, to the business.  </span><span class="STtranscriptContent" name="721570" id="STtranscriptContent355">The message gets brokered back </span><span class="STtranscriptContent" name="723010" id="STtranscriptContent356">to the consumer without ever sharing </span><span class="STtranscriptContent" name="724460" id="STtranscriptContent357">any details on either side.</p>
<p></span><span class="STtranscriptContent" name="726460" id="STtranscriptContent358">And how about the first </span><span class="STtranscriptContent" name="727570" id="STtranscriptContent359">time a business has ever </span><span class="STtranscriptContent" name="728890" id="STtranscriptContent360">contacted inspected if they&#8217;re not in you&#8217;re database.</p>
<p></span><span class="STtranscriptContent" name="732980" id="STtranscriptContent361">This is awesome. </span><span class="STtranscriptContent" name="734340" id="STtranscriptContent362">One of the best things, we </span><span class="STtranscriptContent" name="735550" id="STtranscriptContent363">believe, is that we have </span><span class="STtranscriptContent" name="737040" id="STtranscriptContent364">this database, but we want </span><span class="STtranscriptContent" name="738050" id="STtranscriptContent365">businesses to want those advanced features.  </span><span class="STtranscriptContent" name="740480" id="STtranscriptContent366">And we&#8217;re led to them by consumers. </span><span class="STtranscriptContent" name="742140" id="STtranscriptContent367">This is all about empowering consumers. </span><span class="STtranscriptContent" name="743840" id="STtranscriptContent368">They tell us which businesses which they want to communicate with. </span><span class="STtranscriptContent" name="746060" id="STtranscriptContent369">And if we haven&#8217;t learned yet, how to communicate with them.  </p>
<p></span><span class="STtranscriptContent" name="749440" id="STtranscriptContent370">It gives us our in to </span><span class="STtranscriptContent" name="750610" id="STtranscriptContent371">the business to say, &#8220;How do </span><span class="STtranscriptContent" name="752030" id="STtranscriptContent372">you want to receive messages from your customers?&#8221;  </span><span class="STtranscriptContent" name="754080" id="STtranscriptContent373">And once we do that </span><span class="STtranscriptContent" name="755400" id="STtranscriptContent374">we can start sending them copy </span><span class="STtranscriptContent" name="757180" id="STtranscriptContent375">of the conversation that you&#8217;ve been </span><span class="STtranscriptContent" name="758440" id="STtranscriptContent376">having with your customer, &#8220;Would you like to sign up&#8221;? </span><span class="STtranscriptContent" name="760730" id="STtranscriptContent377">So it&#8217;s a loop to the business, </span><span class="STtranscriptContent" name="762500" id="STtranscriptContent378">and then for the business to sign </span><span class="STtranscriptContent" name="763750" id="STtranscriptContent379">up and then tell all of </span><span class="STtranscriptContent" name="764780" id="STtranscriptContent380">it&#8217;s consumers that you can talk to us now, through TalkTo.</p>
<p></span><span class="STtranscriptContent" name="767250" id="STtranscriptContent381">Ok, we&#8217;re out of time so a big round of applause. </p>
<p></span><span class="STtranscriptContent" name="769560" id="STtranscriptContent382">That was a positive shot. </span><span class="STtranscriptContent" name="775490" id="STtranscriptContent383">All the judges came to like it!  </span>
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<p>TalkTo lets you text ANY local business &#8211; as easily as you text your friends &#8211; and ensures you can get a text response back.</p>
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		<title>SizeUp Brings Mint-Like Business Intelligence And Competitive Analysis To SMBs</title>
		<link>http://www.itjobsandcareers.com/2011/09/sizeup-brings-mint-like-business-intelligence-and-competitive-analysis-to-smbs/</link>
		<comments>http://www.itjobsandcareers.com/2011/09/sizeup-brings-mint-like-business-intelligence-and-competitive-analysis-to-smbs/#comments</comments>
		<pubDate>Mon, 19 Sep 2011 02:50:56 +0000</pubDate>
		<dc:creator>admin</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Analysis]]></category>
		<category><![CDATA[Brings]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[competitive]]></category>
		<category><![CDATA[intelligence]]></category>
		<category><![CDATA[MintLike]]></category>
		<category><![CDATA[SizeUp]]></category>
		<category><![CDATA[SMBs]]></category>

		<guid isPermaLink="false">http://www.itjobsandcareers.com/2011/09/sizeup-brings-mint-like-business-intelligence-and-competitive-analysis-to-smbs/</guid>
		<description><![CDATA[When it comes to business intelligence and competitive analysis, large businesses hire consultants and employ in-house analysts to help determine where a business should be operating, how to compete, how to grow and more. But what about small businesses? According to the SBA, 99.9% of the businesses in the US are small businesses. There&#8217;s a [...]]]></description>
			<content:encoded><![CDATA[<p class="first-child "><img width="100" height="70" src="http://tctechcrunch2011.files.wordpress.com/2011/09/www-sizeup-com.png?w=100&amp;h=70&amp;crop=1" class="attachment-tc-carousel-river-thumb wp-post-image" alt="www.sizeup.com" title="www.sizeup.com" style="float: left; margin: 0 10px 7px 0;" />
<p><span title="W" class="cap"><span>W</span></span>hen it comes to business intelligence and competitive analysis, large businesses hire consultants and employ in-house analysts to help determine where a business should be operating, how to compete, how to grow and more. But what about small businesses? According to the SBA, 99.9% of the businesses in the US are small businesses. There&#8217;s a huge underserved market around SMBs and providing the same business intelligence to this sector could help many businesses actually grow. TechCrunch Disrupt startup SizeUp enables business owners to evaluate their competitiveness and make decisions that will help them increase revenue and save money.</p>
<p>SizeUp provides many of the same demographic, industry, geographic, business, and cost data that big businesses use to make smarter decisions, but provides it to all companies at no cost to the end-user. And the company uses a Mint-like data analysis amongst platform users so businesses can see how the stack up against similar companies and competition. </p>
<p>First, SizeUp allows businesses to compare their business, in terms of revenue, employees, growth, salary, profit and more, against the rest of their competition in a region. SizeUp, which says it &#8216;supercrunches&#8217; millions of data points from both public and private source, enables businesses to perform a side-by-side, apples-to-apples competitiveness comparison of their business to all other competitors in their industry from the local to national level.</p>
<p>Second, SizeUp can show businesses where competitors, customers, and suppliers are located on a map, and creates a geo-visual list of potential buyers and vendors. This gives businesses insight how how to serve existing customers, find new ones and pick suppliers. Plus, businesses can see areas with potential customers but little competition. </p>
<p>Businesses can also use SizeUp to find the best places to advertise. SizeUp will actually show business owners the best areas to target their next advertising campaigns. Users can choose from pre-set reports to find areas with the highest industry revenue, most<br />
underserved markets, and where average business revenue is highest. And businesses can use custom demographic and business filters. </p>
<p>SizeUp is free for now, but will look to monetize money through lead generation, service partnerships, a freemium model, advertising, and licensing. </p>
<p>Data analysis is playing a huge role in large companies day-to-day internal operations, so why should small businesses not be able to access similar services. In the same way that Mint is empowering consumers with financial data, SizeUp is giving business owners a new opportunity to gain competitive insight into how a business can make more money, outperform their competition, and find the best places for success.</p>
</p>
<p>Q&amp;A<br />
Judges: John Ham (Ustream), Hilary Mason (Bit.ly), Kevin Rose (Milk), George Zachary (Charles River Ventures)</p>
<p>JH: What business model will you focus on first?</p>
<p>A: As we have had conversations with businesses, we realized that there is a bigger market especially in licensing.</p>
<p>HM: Where does your data come from?</p>
<p>A: We get data from IRS records, annual reports, courthouse filings, agencies and more. We are updating this frequently. </p>
<p>HM: Do you have a mechanism to help businesses who aren&#8217;t that savvy about how to identify competitors, etc.?</p>
<p>A: We have a Q&amp;A and how-to to explain how this works for businesses.</p>
<p>KR: How do you figure out what is relevant for a specific business?</p>
<p>A: We need to know what business they are in and where they are located. It&#8217;s very local. </p>
<p>GZ: What does the product roadmap look like?</p>
<p>A: We want to target products for small businesses. </p>
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<span class="STtranscriptContent" name="30" id="STtranscriptContent1">finished setting up. </span><span class="STtranscriptContent" name="2700" id="STtranscriptContent2">Let&#8217;s size up. </span><span class="STtranscriptContent" name="3450" id="STtranscriptContent3">Let&#8217;s see.  </span><span class="STtranscriptContent" name="11630" id="STtranscriptContent4">I&#8217;ve no idea how to pronounce either of these names. </span><span class="STtranscriptContent" name="16330" id="STtranscriptContent5">Just workshop it.  </span><span class="STtranscriptContent" name="18220" id="STtranscriptContent6">So with apologies two the </span><span class="STtranscriptContent" name="20050" id="STtranscriptContent7">both of you for fucking this up. </span><span class="STtranscriptContent" name="22510" id="STtranscriptContent8">From Size Up please welcome Anatalio, </span><span class="STtranscriptContent" name="25100" id="STtranscriptContent9">A. Bahldi and Eric, the </span><span class="STtranscriptContent" name="27760" id="STtranscriptContent10">grable posted lamp.</p>
<p></span><span class="STtranscriptContent" name="29350" id="STtranscriptContent11">So much to </span><span class="STtranscriptContent" name="34150" id="STtranscriptContent12">the horror of my parents, my </span><span class="STtranscriptContent" name="35980" id="STtranscriptContent13">Harvard educated brother, recently broke </span><span class="STtranscriptContent" name="38530" id="STtranscriptContent14">the news to us, that he </span><span class="STtranscriptContent" name="39440" id="STtranscriptContent15">wants to open up a magic </span><span class="STtranscriptContent" name="41040" id="STtranscriptContent16">shop, now he knows how </span><span class="STtranscriptContent" name="42320" id="STtranscriptContent17">to pull a rabbit out of </span><span class="STtranscriptContent" name="43840" id="STtranscriptContent18">a hat, what he doesn&#8217;t </span><span class="STtranscriptContent" name="45470" id="STtranscriptContent19">is how to make a successful company.  </span><span class="STtranscriptContent" name="48070" id="STtranscriptContent20">Millions of small business are in exactly the same situation. </span><span class="STtranscriptContent" name="52480" id="STtranscriptContent21">Now, huge corporations can hire high price consultants.  </p>
<p></span><span class="STtranscriptContent" name="56110" id="STtranscriptContent22">To do the research and analysis to find the path to success. </span><span class="STtranscriptContent" name="60300" id="STtranscriptContent23">But small businesses can&#8217;t. </span><span class="STtranscriptContent" name="62200" id="STtranscriptContent24">SizeUp change just this, we&#8217;re </span><span class="STtranscriptContent" name="65150" id="STtranscriptContent25">able to provide high quality </span><span class="STtranscriptContent" name="66980" id="STtranscriptContent26">business intelligence, super crunch </span><span class="STtranscriptContent" name="68920" id="STtranscriptContent27">from hundreds of public and </span><span class="STtranscriptContent" name="70160" id="STtranscriptContent28">private, public, public and </span><span class="STtranscriptContent" name="72170" id="STtranscriptContent29">private data sources, for free. </span><span class="STtranscriptContent" name="74320" id="STtranscriptContent30">Let me show you how Size Up does that. </p>
<p></span><span class="STtranscriptContent" name="76850" id="STtranscriptContent31">So, let&#8217;s say that you </span><span class="STtranscriptContent" name="78830" id="STtranscriptContent32">have a shoe store in Santa Clara, California. </span><span class="STtranscriptContent" name="82140" id="STtranscriptContent33">What&#8217;s the least amount with enough </span><span class="STtranscriptContent" name="83460" id="STtranscriptContent34">information that you can provide </span><span class="STtranscriptContent" name="84880" id="STtranscriptContent35">so that you can size up your business to the competition. </span><span class="STtranscriptContent" name="88410" id="STtranscriptContent36">So, off the top of your head you would know your revenue. </span><span class="STtranscriptContent" name="91170" id="STtranscriptContent37">So we&#8217;ll just enter in some revenue.  </span><span class="STtranscriptContent" name="96490" id="STtranscriptContent38">We just super crunched millions of </span><span class="STtranscriptContent" name="97930" id="STtranscriptContent39">data points, so we can </span><span class="STtranscriptContent" name="99400" id="STtranscriptContent40">benchmark your shoe store against </span><span class="STtranscriptContent" name="101840" id="STtranscriptContent41">other shoe stores, and you </span><span class="STtranscriptContent" name="103080" id="STtranscriptContent42">can see that revenue is less </span><span class="STtranscriptContent" name="104480" id="STtranscriptContent43">than other shoe stores in your </span><span class="STtranscriptContent" name="105420" id="STtranscriptContent44">city, county, metro, state, and the nation.  </p>
<p></span><span class="STtranscriptContent" name="109730" id="STtranscriptContent45">Down below in the heat map </span><span class="STtranscriptContent" name="111430" id="STtranscriptContent46">you can see where the </span><span class="STtranscriptContent" name="113740" id="STtranscriptContent47">areas are, have the highest </span><span class="STtranscriptContent" name="115340" id="STtranscriptContent48">concentration or the highest revenue. </span><span class="STtranscriptContent" name="117690" id="STtranscriptContent49">Cyan, or I&#8217;m sorry, </span><span class="STtranscriptContent" name="119220" id="STtranscriptContent50">Red is the areas </span><span class="STtranscriptContent" name="120550" id="STtranscriptContent51">that have the highest amount and yellow is where there is less.  </span><span class="STtranscriptContent" name="124010" id="STtranscriptContent52">Santa Clara&#8217;s right in the center </span><span class="STtranscriptContent" name="125200" id="STtranscriptContent53">but you can see neighborhoods around there </span><span class="STtranscriptContent" name="127580" id="STtranscriptContent54">that have higher revenue.  </p>
<p></span><span class="STtranscriptContent" name="128830" id="STtranscriptContent55">So those are areas that you </span><span class="STtranscriptContent" name="130360" id="STtranscriptContent56">may want to do a </span><span class="STtranscriptContent" name="132020" id="STtranscriptContent57">future advertising campaign or open up a future business.  </span><span class="STtranscriptContent" name="136470" id="STtranscriptContent58">On the right-hand side, you can </span><span class="STtranscriptContent" name="137550" id="STtranscriptContent59">also see considerations and resources </span><span class="STtranscriptContent" name="140540" id="STtranscriptContent60">that are appropriate for that  </span><span class="STtranscriptContent" name="142270" id="STtranscriptContent61">variable as a resource to help the small business. </span><span class="STtranscriptContent" name="145290" id="STtranscriptContent62">Let&#8217;s put in another variable such as the year we started. </p>
<p></span><span class="STtranscriptContent" name="148200" id="STtranscriptContent63">So let&#8217;s say we started in 1999.  </span><span class="STtranscriptContent" name="151440" id="STtranscriptContent64">We just plotted the openings of </span><span class="STtranscriptContent" name="153130" id="STtranscriptContent65">shoe stores across the entire country over time. </span><span class="STtranscriptContent" name="156600" id="STtranscriptContent66">Maybe you&#8217;re not interested in the </span><span class="STtranscriptContent" name="157680" id="STtranscriptContent67">national or the state data, </span><span class="STtranscriptContent" name="159720" id="STtranscriptContent68">but even at a local level, </span><span class="STtranscriptContent" name="161000" id="STtranscriptContent69">you can see that trend is </span><span class="STtranscriptContent" name="162440" id="STtranscriptContent70">that there are more shoe stores opening. </span><span class="STtranscriptContent" name="164310" id="STtranscriptContent71">Let&#8217;s try another variable. </p>
<p></span><span class="STtranscriptContent" name="166210" id="STtranscriptContent72">Do you pay more or less than the typical shoe?  </span><span class="STtranscriptContent" name="171000" id="STtranscriptContent73">So, at 25,000 a </span><span class="STtranscriptContent" name="171990" id="STtranscriptContent74">year, in fact your shoe store does pay more.  </span><span class="STtranscriptContent" name="174840" id="STtranscriptContent75">The average.  </span><span class="STtranscriptContent" name="176210" id="STtranscriptContent76">A shoe store pays a little over nineteen thousand.  </span><span class="STtranscriptContent" name="179010" id="STtranscriptContent77">Now I don&#8217;t know you can buy </span><span class="STtranscriptContent" name="180140" id="STtranscriptContent78">a lot of shoes with a </span><span class="STtranscriptContent" name="181770" id="STtranscriptContent79">salary of nineteen thousand but that&#8217;s what it is.  </span><span class="STtranscriptContent" name="185270" id="STtranscriptContent80">down below the map you can </span><span class="STtranscriptContent" name="186290" id="STtranscriptContent81">see the areas with </span><span class="STtranscriptContent" name="188460" id="STtranscriptContent82">the highest salary, which are </span><span class="STtranscriptContent" name="189600" id="STtranscriptContent83">places like San Francisco and </span><span class="STtranscriptContent" name="191690" id="STtranscriptContent84">Marin, I could show </span><span class="STtranscriptContent" name="193050" id="STtranscriptContent85">you a lot of other benchmarking variable, </span><span class="STtranscriptContent" name="194830" id="STtranscriptContent86">I&#8217;ll just show you one </span><span class="STtranscriptContent" name="196260" id="STtranscriptContent87">last one which is for health care. </p>
<p></span><span class="STtranscriptContent" name="198950" id="STtranscriptContent88">So let&#8217;s say that you spend </span><span class="STtranscriptContent" name="200110" id="STtranscriptContent89">forty five hundred dollars per </span><span class="STtranscriptContent" name="202350" id="STtranscriptContent90">year on each employee.  </span><span class="STtranscriptContent" name="205720" id="STtranscriptContent91">Size Up can show you that </span><span class="STtranscriptContent" name="206790" id="STtranscriptContent92">you are actually paying 191 dollars </span><span class="STtranscriptContent" name="209250" id="STtranscriptContent93">more than a typical business of </span><span class="STtranscriptContent" name="210840" id="STtranscriptContent94">your size in a similar </span><span class="STtranscriptContent" name="212450" id="STtranscriptContent95">industry, so you can </span><span class="STtranscriptContent" name="213920" id="STtranscriptContent96">talk to your provider to </span><span class="STtranscriptContent" name="216090" id="STtranscriptContent97">see if you&#8217;re getting the value </span><span class="STtranscriptContent" name="217380" id="STtranscriptContent98">based on what you&#8217;re paying for.  </p>
<p></span><span class="STtranscriptContent" name="220020" id="STtranscriptContent99">By just entering a little bit </span><span class="STtranscriptContent" name="221260" id="STtranscriptContent100">of information, and a </span><span class="STtranscriptContent" name="223770" id="STtranscriptContent101">few clicks, you can actually size up your business. </span><span class="STtranscriptContent" name="226550" id="STtranscriptContent102">You can get a benchmark across </span><span class="STtranscriptContent" name="228800" id="STtranscriptContent103">this dashboard. </span><span class="STtranscriptContent" name="230500" id="STtranscriptContent104">You can see with the gauges red </span><span class="STtranscriptContent" name="231900" id="STtranscriptContent105">tends to be worse, green tends to be a bit better.  </span><span class="STtranscriptContent" name="237370" id="STtranscriptContent106">So, the second important thing </span><span class="STtranscriptContent" name="239090" id="STtranscriptContent107">that a business is going to </span><span class="STtranscriptContent" name="240140" id="STtranscriptContent108">want to know is where are </span><span class="STtranscriptContent" name="241500" id="STtranscriptContent109">there competitors, where are potential </span><span class="STtranscriptContent" name="243270" id="STtranscriptContent110">customers and where are suppliers?  </p>
<p></span><span class="STtranscriptContent" name="246300" id="STtranscriptContent111">So let&#8217;s pretend that we&#8217;re thinking </span><span class="STtranscriptContent" name="247730" id="STtranscriptContent112">about opening up a beauty </span><span class="STtranscriptContent" name="248950" id="STtranscriptContent113">salon in Beverly Hills, we </span><span class="STtranscriptContent" name="251290" id="STtranscriptContent114">just mapped all of our </span><span class="STtranscriptContent" name="252280" id="STtranscriptContent115">competitors, but we also want </span><span class="STtranscriptContent" name="253910" id="STtranscriptContent116">customers, so let&#8217;s say our target is models. </span><span class="STtranscriptContent" name="256790" id="STtranscriptContent117">So we&#8217;re gonna focus on </span><span class="STtranscriptContent" name="258060" id="STtranscriptContent118">the talent agencies where they </span><span class="STtranscriptContent" name="259590" id="STtranscriptContent119">are, so they&#8217;ll send their </span><span class="STtranscriptContent" name="260810" id="STtranscriptContent120">models over to our salon, we&#8217;ll </span><span class="STtranscriptContent" name="262190" id="STtranscriptContent121">make them look beautiful when they go out on their interviews.  </p>
<p></span><span class="STtranscriptContent" name="266400" id="STtranscriptContent122">The other thing that we want </span><span class="STtranscriptContent" name="267670" id="STtranscriptContent123">to do is find our suppliers so </span><span class="STtranscriptContent" name="269600" id="STtranscriptContent124">we&#8217;re going to get our supplies from beauty supplies.  </span><span class="STtranscriptContent" name="273530" id="STtranscriptContent125">We knock all of that. </span><span class="STtranscriptContent" name="276560" id="STtranscriptContent126">In an ideal world what you </span><span class="STtranscriptContent" name="278160" id="STtranscriptContent127">really want is a place </span><span class="STtranscriptContent" name="279310" id="STtranscriptContent128">where there is not a lot </span><span class="STtranscriptContent" name="280520" id="STtranscriptContent129">of competition, but there is plenty of customers.  </span><span class="STtranscriptContent" name="283390" id="STtranscriptContent130">On the map you can see in orange the areas where there is a lot of competition. </p>
<p></span><span class="STtranscriptContent" name="287340" id="STtranscriptContent131">But visually you can see in green where the customers are. </span><span class="STtranscriptContent" name="290750" id="STtranscriptContent132">And so, we can identify  </span><span class="STtranscriptContent" name="292240" id="STtranscriptContent133">perhaps businesses in the area </span><span class="STtranscriptContent" name="293640" id="STtranscriptContent134">that we want to open up, are beauty salons. </span><span class="STtranscriptContent" name="297110" id="STtranscriptContent135">The third important thing a </span><span class="STtranscriptContent" name="298630" id="STtranscriptContent136">business is going to want to </span><span class="STtranscriptContent" name="299750" id="STtranscriptContent137">know is what do I advertise </span><span class="STtranscriptContent" name="301640" id="STtranscriptContent138">my product or services. </span><span class="STtranscriptContent" name="304130" id="STtranscriptContent139">So let&#8217;s pretend that we&#8217;re a dentist in New York City. </p>
<p></span><span class="STtranscriptContent" name="307420" id="STtranscriptContent140">With just those two pieces of information. </span><span class="STtranscriptContent" name="310070" id="STtranscriptContent141">We&#8217;re able to identify that the </span><span class="STtranscriptContent" name="312420" id="STtranscriptContent142">highest total revenue for dental </span><span class="STtranscriptContent" name="315220" id="STtranscriptContent143">offices is just south </span><span class="STtranscriptContent" name="316880" id="STtranscriptContent144">of Central Park but maybe </span><span class="STtranscriptContent" name="318490" id="STtranscriptContent145">what you&#8217;re focused on is an </span><span class="STtranscriptContent" name="319720" id="STtranscriptContent146">opportunity, where are the </span><span class="STtranscriptContent" name="321720" id="STtranscriptContent147">areas that are most underserved so </span><span class="STtranscriptContent" name="323400" id="STtranscriptContent148">we just click most underserved; and </span><span class="STtranscriptContent" name="325120" id="STtranscriptContent149">it changes the map, and we </span><span class="STtranscriptContent" name="326200" id="STtranscriptContent150">can see it&#8217;s in places like the </span><span class="STtranscriptContent" name="327850" id="STtranscriptContent151">Bronx and Springfield Gardens.  </p>
<p></span><span class="STtranscriptContent" name="334490" id="STtranscriptContent152">So maybe though you </span><span class="STtranscriptContent" name="335940" id="STtranscriptContent153">want to focus on a specific </span><span class="STtranscriptContent" name="337150" id="STtranscriptContent154">demographic and you want </span><span class="STtranscriptContent" name="338310" id="STtranscriptContent155">to focus on lower income </span><span class="STtranscriptContent" name="341010" id="STtranscriptContent156">households, so we&#8217;ll reduce it </span><span class="STtranscriptContent" name="342260" id="STtranscriptContent157">now to forty-thousand dollars and the map changes. </span><span class="STtranscriptContent" name="346320" id="STtranscriptContent158">It&#8217;s still places like the Bronx, </span><span class="STtranscriptContent" name="348280" id="STtranscriptContent159">but now, it&#8217;s also Newark, New Jersey. </span><span class="STtranscriptContent" name="352570" id="STtranscriptContent160">So these are three key features </span><span class="STtranscriptContent" name="354440" id="STtranscriptContent161">to size-up: the ability to </span><span class="STtranscriptContent" name="355660" id="STtranscriptContent162">benchmark your business against competitors, </span><span class="STtranscriptContent" name="357980" id="STtranscriptContent163">the ability to identify where there are.  </p>
<p></span><span class="STtranscriptContent" name="361280" id="STtranscriptContent164">Competitors and potential customers </span><span class="STtranscriptContent" name="363670" id="STtranscriptContent165">and where are the best places to advertise? </span><span class="STtranscriptContent" name="367650" id="STtranscriptContent166">Our business model is to make money through the resources.  </span><span class="STtranscriptContent" name="371300" id="STtranscriptContent167">Is that&#8217;s what I show on the </span><span class="STtranscriptContent" name="372190" id="STtranscriptContent168">right hand side of the benchmarking table.  </span><span class="STtranscriptContent" name="376170" id="STtranscriptContent169">And then also to </span><span class="STtranscriptContent" name="378400" id="STtranscriptContent170">two licence our technology to complimentary industries. </span><span class="STtranscriptContent" name="383310" id="STtranscriptContent171">In terms of distribution we plan </span><span class="STtranscriptContent" name="384820" id="STtranscriptContent172">to distribute through both traditional </span><span class="STtranscriptContent" name="387210" id="STtranscriptContent173">and new medium through economic </span><span class="STtranscriptContent" name="389160" id="STtranscriptContent174">development organization which we have </span><span class="STtranscriptContent" name="390780" id="STtranscriptContent175">tons of experience working with already, </span><span class="STtranscriptContent" name="393120" id="STtranscriptContent176">through the licensees which we mentioned, </span><span class="STtranscriptContent" name="395110" id="STtranscriptContent177">through users and also through search.  </p>
<p></span><span class="STtranscriptContent" name="398890" id="STtranscriptContent178">As the Mayor mentioned </span><span class="STtranscriptContent" name="400690" id="STtranscriptContent179">this morning, there&#8217;s never been a </span><span class="STtranscriptContent" name="401930" id="STtranscriptContent180">more important time to support </span><span class="STtranscriptContent" name="404100" id="STtranscriptContent181">small businesses and entrepreneurs.  </span><span class="STtranscriptContent" name="406410" id="STtranscriptContent182">They are critical for creating </span><span class="STtranscriptContent" name="408350" id="STtranscriptContent183">jobs and jobs are critical </span><span class="STtranscriptContent" name="411160" id="STtranscriptContent184">for our economic recovery.  </span><span class="STtranscriptContent" name="412880" id="STtranscriptContent185">Size Up is committed to that.  </span><span class="STtranscriptContent" name="414520" id="STtranscriptContent186">Thank you. </p>
<p></span><span class="STtranscriptContent" name="414820" id="STtranscriptContent187">Let &#8216;s Size Up. </span><span class="STtranscriptContent" name="419120" id="STtranscriptContent188">Okay. </span><span class="STtranscriptContent" name="419890" id="STtranscriptContent189">Let&#8217;s start with John this time.</p>
<p></span><span class="STtranscriptContent" name="421140" id="STtranscriptContent190">When you guys initially slow down your focus on </span><span class="STtranscriptContent" name="427120" id="STtranscriptContent191">users and usage in network </span><span class="STtranscriptContent" name="428650" id="STtranscriptContent192">in online stuff.  </span><span class="STtranscriptContent" name="430920" id="STtranscriptContent193">What business model will you focus on first? </span><span class="STtranscriptContent" name="433290" id="STtranscriptContent194">So I saw two, Right.</p>
<p></span><span class="STtranscriptContent" name="434960" id="STtranscriptContent195">which one relative to the </span><span class="STtranscriptContent" name="436280" id="STtranscriptContent196">other you know kicks in </span><span class="STtranscriptContent" name="437810" id="STtranscriptContent197">early and where will you focus?  </span><span class="STtranscriptContent" name="441410" id="STtranscriptContent198">So originally our focus was more on the partner and resources. </span><span class="STtranscriptContent" name="445060" id="STtranscriptContent199">But as we started having conversations </span><span class="STtranscriptContent" name="447450" id="STtranscriptContent200">with complimentary business or </span><span class="STtranscriptContent" name="449450" id="STtranscriptContent201">businesses and services that </span><span class="STtranscriptContent" name="451450" id="STtranscriptContent202">might&#8230; we thought might </span><span class="STtranscriptContent" name="452750" id="STtranscriptContent203">like our offering, we realize </span><span class="STtranscriptContent" name="454180" id="STtranscriptContent204">well there&#8217;s a much bigger market there than we realized. </p>
<p></span><span class="STtranscriptContent" name="457540" id="STtranscriptContent205">So we started talking to folks </span><span class="STtranscriptContent" name="459340" id="STtranscriptContent206">like small business media and </span><span class="STtranscriptContent" name="461430" id="STtranscriptContent207">a lot of them said they&#8217;re interested </span><span class="STtranscriptContent" name="463200" id="STtranscriptContent208">in actually integrating our technology </span><span class="STtranscriptContent" name="465250" id="STtranscriptContent209">into their websites, and with </span><span class="STtranscriptContent" name="466750" id="STtranscriptContent210">other types of partners, </span><span class="STtranscriptContent" name="469540" id="STtranscriptContent211">directories if they want to </span><span class="STtranscriptContent" name="470960" id="STtranscriptContent212">add you know business intelligence </span><span class="STtranscriptContent" name="473820" id="STtranscriptContent213">about the industry, of the </span><span class="STtranscriptContent" name="475280" id="STtranscriptContent214">business they&#8217;re showing and other things like that. </p>
<p></span><span class="STtranscriptContent" name="478290" id="STtranscriptContent215">Delinda Where does your data come from? </p>
<p></span><span class="STtranscriptContent" name="481450" id="STtranscriptContent216">So our data, we have&#8230; </span><span class="STtranscriptContent" name="483750" id="STtranscriptContent217">it comes from a variety of places.  </span><span class="STtranscriptContent" name="485680" id="STtranscriptContent218">show these three examples. </span><span class="STtranscriptContent" name="486990" id="STtranscriptContent219">So for example, our industry data </span><span class="STtranscriptContent" name="488550" id="STtranscriptContent220">comes from IRS records, </span><span class="STtranscriptContent" name="490870" id="STtranscriptContent221">county courthouse filing, annual reports words. </span><span class="STtranscriptContent" name="493510" id="STtranscriptContent222">It covers data from 14 </span><span class="STtranscriptContent" name="495550" id="STtranscriptContent223">million businesses and across many </span><span class="STtranscriptContent" name="498020" id="STtranscriptContent224">if I&#8217;m gonna, I&#8217;ll take my whole </span><span class="STtranscriptContent" name="499260" id="STtranscriptContent225">time if I say where all the data comes from.</p>
<p></span><span class="STtranscriptContent" name="500860" id="STtranscriptContent226">Do you have a mechanism in place to update it? </p>
<p></span><span class="STtranscriptContent" name="502720" id="STtranscriptContent227">Yes . </span><span class="STtranscriptContent" name="503370" id="STtranscriptContent228">So, our plan is </span><span class="STtranscriptContent" name="504830" id="STtranscriptContent229">for businesses to come back </span><span class="STtranscriptContent" name="506500" id="STtranscriptContent230">the same way they would go to </span><span class="STtranscriptContent" name="507630" id="STtranscriptContent231">check their Google Analytics or </span><span class="STtranscriptContent" name="509080" id="STtranscriptContent232">Zillow to see how their house is changing in value. </span><span class="STtranscriptContent" name="511860" id="STtranscriptContent233">Their benchmark in how they&#8217;re </span><span class="STtranscriptContent" name="513320" id="STtranscriptContent234">doing relative to their competition will change over time. </span><span class="STtranscriptContent" name="515610" id="STtranscriptContent235">So we&#8217;re updating this data consistently. </p>
<p></span><span class="STtranscriptContent" name="518530" id="STtranscriptContent236">The last question. </span><span class="STtranscriptContent" name="519910" id="STtranscriptContent237">I also saw you, as you </span><span class="STtranscriptContent" name="521190" id="STtranscriptContent238">were going through the scenarios, asking </span><span class="STtranscriptContent" name="523060" id="STtranscriptContent239">a lot of intelligent questions that a business owner would need to ask. </span><span class="STtranscriptContent" name="526660" id="STtranscriptContent240">Do you have a mechanism to </span><span class="STtranscriptContent" name="528210" id="STtranscriptContent241">help people who aren&#8217;t that </span><span class="STtranscriptContent" name="529790" id="STtranscriptContent242">savvy about how to look for their competitors or their opportunities?</p>
<p>  </span><span class="STtranscriptContent" name="533910" id="STtranscriptContent243">Yes, so one of the </span><span class="STtranscriptContent" name="535020" id="STtranscriptContent244">things that we have as part </span><span class="STtranscriptContent" name="536080" id="STtranscriptContent245">of the website is kind of </span><span class="STtranscriptContent" name="537410" id="STtranscriptContent246">a &#8220;How to&#8221; and under the </span><span class="STtranscriptContent" name="539290" id="STtranscriptContent247">considerations that&#8217;s a part </span><span class="STtranscriptContent" name="541210" id="STtranscriptContent248">where we start to explain to </span><span class="STtranscriptContent" name="542540" id="STtranscriptContent249">them what the data means, one </span><span class="STtranscriptContent" name="544020" id="STtranscriptContent250">of the things we recognize with small </span><span class="STtranscriptContent" name="545170" id="STtranscriptContent251">business is that many are </span><span class="STtranscriptContent" name="546690" id="STtranscriptContent252">very unsophisticated and even the </span><span class="STtranscriptContent" name="547920" id="STtranscriptContent253">idea of business intelligence, which </span><span class="STtranscriptContent" name="549740" id="STtranscriptContent254">is something they need but not know how to use. </p>
<p></span><span class="STtranscriptContent" name="552140" id="STtranscriptContent255">So we have to take all of these pieces and make it very accessible to them.  </span><span class="STtranscriptContent" name="555540" id="STtranscriptContent256">Ya, and that&#8217;s through </span><span class="STtranscriptContent" name="556950" id="STtranscriptContent257">the graphics, so it&#8217;s very </span><span class="STtranscriptContent" name="558590" id="STtranscriptContent258">obvious and then the text </span><span class="STtranscriptContent" name="560060" id="STtranscriptContent259">that explains what it all means. </p>
<p></span><span class="STtranscriptContent" name="562550" id="STtranscriptContent260">Kevin? </span><span class="STtranscriptContent" name="564160" id="STtranscriptContent261">How do you slice the data </span><span class="STtranscriptContent" name="565640" id="STtranscriptContent262">so that&#8217;s relevant to that business that&#8217;s doing the search. </span><span class="STtranscriptContent" name="568110" id="STtranscriptContent263">Because like, you did a search on shoes, right? </p>
<p></span><span class="STtranscriptContent" name="571270" id="STtranscriptContent264">Right.</p>
<p> </span><span class="STtranscriptContent" name="571480" id="STtranscriptContent265">I mean it&#8217;s going to be </span><span class="STtranscriptContent" name="572160" id="STtranscriptContent266">very different in, like, 90210 </span><span class="STtranscriptContent" name="574220" id="STtranscriptContent267">of LA versus and just a few miles away from there, right? </span><span class="STtranscriptContent" name="578430" id="STtranscriptContent268">And how do you </span><span class="STtranscriptContent" name="581070" id="STtranscriptContent269">figure out what&#8217;s relevant for that person and their business? </p>
<p></span><span class="STtranscriptContent" name="584990" id="STtranscriptContent270">So, our information is hyperlocal.  </span><span class="STtranscriptContent" name="588770" id="STtranscriptContent271">It&#8217;s really looking not necessarily at the city. </span><span class="STtranscriptContent" name="591330" id="STtranscriptContent272">It&#8217;s getting closer down into neighborhoods.  </span><span class="STtranscriptContent" name="594430" id="STtranscriptContent273">So what we need to </span><span class="STtranscriptContent" name="595560" id="STtranscriptContent274">know is we need to know </span><span class="STtranscriptContent" name="596410" id="STtranscriptContent275">what business they&#8217;re in and where they&#8217;re located. </span><span class="STtranscriptContent" name="599430" id="STtranscriptContent276">We didn&#8217;t have time to show everything, </span><span class="STtranscriptContent" name="600560" id="STtranscriptContent277">but you can actually zoom all over </span><span class="STtranscriptContent" name="601740" id="STtranscriptContent278">the country to get the </span><span class="STtranscriptContent" name="602990" id="STtranscriptContent279">data everywhere, so it&#8217;s </span><span class="STtranscriptContent" name="605270" id="STtranscriptContent280">very local and by </span><span class="STtranscriptContent" name="606910" id="STtranscriptContent281">then providing us what industry </span><span class="STtranscriptContent" name="609390" id="STtranscriptContent282">they&#8217;re in and where they&#8217;re located, </span><span class="STtranscriptContent" name="610690" id="STtranscriptContent283">we can do that.  </p>
<p></span><span class="STtranscriptContent" name="612800" id="STtranscriptContent284">George?  </span><span class="STtranscriptContent" name="613960" id="STtranscriptContent285">What&#8217;s the product or </span><span class="STtranscriptContent" name="615520" id="STtranscriptContent286">ad map look like after you nailed this kind of functionality?  </span><span class="STtranscriptContent" name="618790" id="STtranscriptContent287">Just talking about the product road map.  </span><span class="STtranscriptContent" name="620770" id="STtranscriptContent288">Because as a small business owner I get my business started. </span><span class="STtranscriptContent" name="624290" id="STtranscriptContent289">I get some data. </span><span class="STtranscriptContent" name="624930" id="STtranscriptContent290">Ok, great. </span><span class="STtranscriptContent" name="625890" id="STtranscriptContent291">Now, like how do you keep a relationship with your customers?  </span><span class="STtranscriptContent" name="629550" id="STtranscriptContent292">Well, one of the ways </span><span class="STtranscriptContent" name="630870" id="STtranscriptContent293">is actually we see this as being part of other people&#8217;s offerings.</p>
<p></span><span class="STtranscriptContent" name="634450" id="STtranscriptContent294">Ya, that&#8217;s where it&#8217;s going. </p>
<p></span><span class="STtranscriptContent" name="635950" id="STtranscriptContent295">Right, so that is definitely one of those things. </span><span class="STtranscriptContent" name="638330" id="STtranscriptContent296">We don&#8217;t have necessarily be,   </span><span class="STtranscriptContent" name="640120" id="STtranscriptContent297">We want to be a </span><span class="STtranscriptContent" name="641190" id="STtranscriptContent298">destination, but we don&#8217;t have </span><span class="STtranscriptContent" name="642430" id="STtranscriptContent299">to be the only destination that&#8217;s using our platform. </span><span class="STtranscriptContent" name="647260" id="STtranscriptContent300">So, we want them to be engaged </span><span class="STtranscriptContent" name="648570" id="STtranscriptContent301">with every Folks were trying </span><span class="STtranscriptContent" name="650660" id="STtranscriptContent302">to target the small business space, </span><span class="STtranscriptContent" name="652550" id="STtranscriptContent303">so if you&#8217;re offering a </span><span class="STtranscriptContent" name="654570" id="STtranscriptContent304">business plan creation service, you&#8217;re </span><span class="STtranscriptContent" name="656810" id="STtranscriptContent305">gonna need the competitive intelligence, well then you can use size.</p>
<p>  </span><span class="STtranscriptContent" name="659130" id="STtranscriptContent306">Okay, Thank you.</p>
<p></span><span class="STtranscriptContent" name="661830" id="STtranscriptContent307">And in terms of long term this </span><span class="STtranscriptContent" name="663020" id="STtranscriptContent308">is something that can actually be scaled internationally.</p>
<p></span><span class="STtranscriptContent" name="667760" id="STtranscriptContent309">Minute and half, anyone?  </span><span class="STtranscriptContent" name="668710" id="STtranscriptContent310">So are there any other follow ups? </span><span class="STtranscriptContent" name="670270" id="STtranscriptContent311">No, no, no, no. </span><span class="STtranscriptContent" name="672530" id="STtranscriptContent312">Size up, everyone.</p>
<p></span><span class="STtranscriptContent" name="673400" id="STtranscriptContent313">Thank you.</p>
<p></span><span class="STtranscriptContent" name="677370" id="STtranscriptContent314">Excellent. </span><span class="STtranscriptContent" name="678270" id="STtranscriptContent315">Ok.  </span>
</div>
</div>
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