PADT, Avnet and Tiempo Development Introduce Design Days, Hosted by Center for Entrepreneurial Innovation
Design Days Brings Arizona's Top Product Development Experts Together to Provide Free Technical Advice to Local Startups
In a move that gives startups and product developers the opportunity to get design and production consultations from the top product development experts in Arizona, Phoenix Analysis & Design Technologies (PADT), in partnership with Avnet, Tiempo Development and the Center for Entrepreneurial Innovation (CEI), are officially opening Design Days to the local startup community. Hosted by the Center for Entrepreneurial Innovation (CEI) at 275 N. GateWay Drive Phoenix, Arizona 85034. The next session takes place on February 21 from 1- 4 p.m.
"We've compiled a roster of top industry experts in product development from a wide-range of disciplines for Design Days," said Patti Dubois, Assistant Executive Director at CEI. "Our goal is simply to lend a hand to entrepreneurs who aspire to develop great products and software. When we're able to help an organization or individual grow and innovate, it elevates Arizona's technology community as a whole."
CEI lends its fantastic space as participants will gain access to engineers who will be available to offer one-on-one assistance with product development needs. These experts will provide their opinions on the feasibility of an idea, make recommendations on the product development process, provide ballpark estimates on design and development costs, identify key differentiators of a product and more. All companies and individuals needing product development support for physical and software designs are encouraged to participate.
"CEI is the leading incubator and accelerator in the Valley making them the perfect host for Design Days," said Eric Miller, principal and co-founder at PADT. "We are proud to partner with CEI, Avnet and Tiempo in support of helping entrepreneurs develop revolutionary innovations that will continue to put Arizona on the map as a leading tech hub."
PADT, the Southwest's largest provider of simulation, product development, and 3D printing services and products, will provide physical product design and prototyping consultation. Avnet, a global company ranked on the FORTUNE 500, with extensive knowledge of electronic component solutions and embedded computing products, will give advice on electrical engineering. Tiempo Development, named one of the 5000 Fastest-Growing Private Companies in America, from 2011 to 2015, specializes in offshore software development in nearshore locations, and will provide software architecture consultation.
"CEI has helped to establish one of the premier locations for young technology hopefuls in the nation, said Eric Leahy, Emerging Business Development Manager, Avnet. "The opportunity to be part of the next generation of a tech superstar's growth is something we are always eager to do. I'd like to give a big thanks to CEI, PADT and Tiempo for working with us in putting on such a great event."
Visit the Design Days page at http://www.ceigateway.com/ or here to register and find out more. Participants can select the specific consultation category they are interested in when they register. This free service is offered every month and qualification requirements are listed on the Design Days page.
About Phoenix Analysis and Design Technologies
Phoenix Analysis and Design Technologies, Inc. (PADT) is an engineering product and services company that focuses on helping customers who develop physical products by providing Numerical Simulation, Product Development, and Rapid Prototyping solutions. PADT's worldwide reputation for technical excellence and experienced staff is based on its proven record of building long term win-win partnerships with vendors and customers. Since its establishment in 1994, companies have relied on PADT because "We Make Innovation Work." With over 80 employees, PADT services customers from its headquarters at the Arizona State University Research Park in Tempe, Arizona, and from offices in Torrance, California, Littleton, Colorado, Albuquerque, New Mexico, and Murray, Utah, as well as through staff members located around the country. More information on PADT can be found at www.PADTINC.com.
The Center for Entrepreneurial Innovation is a community-based business incubator supported by and located on the GateWay Community College campus. CEI provides targeted business services and proactive business support to create a systematic link between technology development, compelling markets and opportunities; entrepreneurial and managerial talent development; early stage capital sourcing; and education and training, interns, coaching and business counseling from Maricopa Small Business Development Center (SBDC) analysts and other leading industry specialists. For more about CEI, visit www.ceigateway.com.
About Avnet, Inc.
From components to cloud and from design to disposal, Avnet, Inc. (NYSE:AVT) accelerates the success of customers who build, sell and use technology by providing a comprehensive portfolio of innovative products, services and solutions. Avnet is a global company ranked on the FORTUNE 500 with revenues of $26.2 billion for the fiscal year 2016. For more information, visit www.avnet.com.
About Tiempo Development
Tiempo offers a unique and very successful combination of a Nearshore business model, Agile Methodology, deep expertise, and advanced talent management. Building the powerful software that fits client vision and strategy, no matter whether that client relies on it to run the business or whether it is a product provided to customers. Tiempo helps companies accomplish software releases with great velocity and most cost-effectively. To learn more, visit visit www.tiempodev.com or contact Tiempo Development (mailto:email@example.com).
San Francisco, Calif., Jan. 26, 2017 – Francisco Partners, a leading technology-focused private equity firm, today reported the pending acquisition of CoverMyMeds LLC by McKesson Corporation (NYSE:MCK) for up to $1.4 billion, a portion of which is contingent upon the company’s future financial performance.
Francisco Partners’ 2014 growth investment in CoverMyMeds helped support the company’s expansion across the pharmacy, provider, manufacturer and payer ecosystem.
The company recently reported that it has now helped more than 50 million patients appropriately access medication so that they lead healthy lives.
“It has been a pleasure to partner with the CoverMyMeds’ founders and management team to grow this important business,” said Chris Adams, partner at Francisco Partners. “
CoverMyMeds solves a real pain point for doctors, pharmacies, manufacturers and payers. We are thrilled to have helped the CoverMyMeds team build their business. The company is in a tremendous position, and we wish them continued success as part of McKesson.”
CoverMyMeds was founded in 2008 with the mission to help patients get the medication they need to live healthy lives. CoverMyMeds’ electronic prior authorization (ePA) service automates and accelerates the prescription approval process, which otherwise is a manual, time consuming, paper-based workflow. By ensuring appropriate access to medications, CoverMyMeds helps patients get the medication they need to live healthy lives while helping customers avoid administrative waste and unnecessary medical spending caused by prescription abandonment.
“Francisco Partners has been an invaluable partner to us,” said Matt Scantland, CoverMyMeds Co-Founder and CEO. “Their team offered support, thought leadership, and capital to help us grow rapidly and strategically into a business that will continue to have a huge impact and achieve lasting success with McKesson. We’re very proud of what we were able to accomplish together.”
McKesson and CoverMyMeds have aligned missions to improve the business of health care, and have partnered together to offer solutions for pharmacies since 2010. The pending acquisition by McKesson allows both companies to enhance the value they provide to their customers across the health care spectrum. Once the transaction closes, CEO and co-founder Matt Scantland will continue to lead the company with the existing leadership team, who will run the company from their Columbus and Cleveland, Ohio operations.
CoverMyMeds is a leader in Electronic Prior Authorization (ePA) solutions and one of the fastest growing health care technology companies in the U.S.CoverMyMeds’ software suite automates the medication prior authorization process for more than 500 electronic health records (EHR) systems, 47,000 pharmacies, 700,000 providers and most health plans and PBMs. By ensuring appropriate access to medications, the company helps its customers avoid billions of dollars each year in administrative waste and avoidable medical spending caused by prescription abandonment. Visit www.covermymeds.com for more information.
About Francisco Partners
Francisco Partners is a leading global private equity firm, which specializes in investments in technology businesses. Since its launch over 16 years ago, Francisco Partners has raised over $10 billion in capital and invested in more than 175 technology companies, making it one of the most active and longstanding investors in the technology industry. The firm invests in opportunities where the firm’s deep sectoral knowledge and operational expertise can help companies realize their full potential.
by Manny Larcher
Netflix continues to improve and has shaked things up again! Their latest update enables you to download your favorite movies, specials, and shows. This is a major game changer! Not only is Netflix perhaps the leading provided in their space, they have now figured out a way to be almost completely obsolete to cable.
Since 2008, Carol Carbutti and our team at Comfort Keepers have helped seniors and other adults in Wallingford and the surrounding Connecticut communities with compassionate, professional, in-home care. If the time is right to seek in-home elderly care for someone in your family, we’re ready to help you explore options.
Carol and her team understands that every client has unique care needs and situations, which is why they offer a full range of in-home companionship,and personal care services to provide seniors with the right amount of support for independent living at home.
Their distinctive approach to in-home care is at the very heart of their mission. Our dedicated caregivers, the special people we call Comfort Keepers®, transform day-to-day caregiving into opportunities for meaningful conversation and activities that engage and enrich the lives of seniors physically, mentally, socially, and emotionally.
How Do They Make a Difference?
The Comfort Keepers team believes that Interactive Caregiving contributes to a longer, healthier, more purposeful lives for seniors; in fact, many research studies point to the health benefits of active living in later life.
An Interactive Caregiving plan is created for each senior client based on his or her personality, unique interests, health, and abilities. This plan will include a variety of activities such as:
This article was originally posted on The Business Insider
Grocery Outlet wants to be the "TJ Maxx of grocery stores."
The Los Angeles-based regional chain has 251 locations and plans to expand to 376 by 2020, according to a recent profile in Frozen & Refrigerated Buyer magazine that was cited by RetailWire. It is on track to gross $2 billion in sales this year.
TJ Maxx offers lower prices than department stores by paring down the shopping experience and passing savings on to consumers. The apparel store has been blamed for the downfall of brands like Nordstrom and Macy's.
Read more by clicking this link here
Why is Ardina so affordable? Ardina's founder addresses the economics behind this revolutionary Health Care Service
Ardina offers 24/7 access to Doctors, as well as discounts on out-out-pocket expenses such as dental, vision, co-pays, prescriptions, and chiropractic, starting at $10/month! Ardina's service is so amazing that it has made many people speculate about the legitimacy of the company. I had the pleasure to speak with Shaun Young, Harvard Graduate and founder of Ardina, he addressed this, and touched on more - read below!
by Shaun Young
We’ve been meeting with a lot of individuals, business owners, and employers. And this is the one question we hear the most!
This is usually followed up with …
Well, let me first start with explaining how Ardina works. And then I want to get into why we think this is happening.
How does Ardina work?
Ardina strips away everything between you and your healthcare provider. Without all the paperwork, manpower, and rework brought on by handling insurance (ex. eligibility, coverage, claims, audits) healthcare is actually very efficient. So Ardina members get the benefit of having access to doctors, nurses, pharmacists, counselors, dieticians, etc. (FACT: Doctors spend $80,000 annually to handle insurance.)
Ardina works with online healthcare providers. Without all the overhead, tele-medicine is an even more efficient system. So Ardina members can speak with a doctor anywhere and anytime to get a prescription, if one is warranted. (FACT: Many of Teladoc’s doctors are practicing or retired physicians looking for supplemental income.)
Ardina is not insurance … and that’s a good thing. Without covering expensive, major healthcare events, basic healthcare is really affordable. So Ardina members can pay for the healthcare that they need; and not have to pay for the healthcare that others need. (FACT: CVS’s Minute Clinic offers a menu of healthcare services starting at only $79.)
How is “Affordable” a barrier for Ardina?
Here’s my speculation … for over a decade, the media has had a field day talking about the rising cost of healthcare.
The problem is that these articles never provide a solution. All these articles do is create fear in an already scary healthcare industry.
Yet Ardina is offering access to free, unlimited 24/7 healthcare for your entire family with membership. So by comparison, Ardina feels too good to be true.
While most business people would see this and take the opportunity to raise prices, our mission is to help more of us get the healthcare we need. And it all starts with making sure that Ardina is affordable enough for every family.
Is Health Insurance Needed?
Insurance is protection against future events. Usually, you pay a little upfront for protection against future, unlikely but very costly events. And healthcare is perhaps the most costly thing you will experience in your lifetime. In fact, the US spends $3 trillion a year on healthcare! That’s “trillion”; not “billion.” 12 zero’s; 9 zero’s.
But the problem with healthcare is that everything got more expensive. That doctor visit, that prescription drug, that contact lens … that emergency room, that healthcare professional. Health insurance justifies itself as protection against all of those other things in healthcare that went up. But we may have inadvertently let the wolf into the chicken coop and enabled an $800B middleman industry. (Future posts to follow on this topic.)
So what happens if you strip all of that away and purchase directly from healthcare? Without all the paperwork, manpower, and rework brought on by handling insurance, healthcare is actually a very efficient system. (Primary Care doctors said that 1/3 of their office expenses is processing insurance!)
And what happens if you purchase directly from online providers? Without all the overhead, tele-medicine is an even more efficient system. (Many of Teladoc’s doctors are practicing or retired physicians looking for supplemental income.)
And what happens if you contract with networks to get the same rate as if you had insurance? Well, everyone would rather get paid today rather than wait 90 days to get paid, right? With health insurance, Doctors, Dentists, Optometrists, Pharmacists, you name it provide a service today and get paid 90 days, sometimes as much as 120 days later. Many healthcare professionals are willing to accept payment today at the same rate as insurance. Oh, and without having to deal with all the insurance paperwork.
Visit MyArdina.com and feel free to email me with any questions that you have at firstname.lastname@example.org
by Imanuel Larcher
Billion describes itself as a crowdfunding platform for social good aimed at solving huge, global issues. This sounds like exactly what the world needs! Last week, I had the opportunity to sit down with Dicko Sow, who handles Business Development with Billion.
Let’s talk more about the term “social good” and how this relates to businesses in 2015.
‘Social Good’ can be described as a good or service that benefits the largest number of people in the largest possible way. Some classic examples of social goods are clean air, clean water and literacy; in addition, many economic proponents include access to services such as healthcare in their definition of the social or "common good".
The capitalism-based definition of business states that companies exist only to provide the maximum possible return to shareholders. This has often not run parallel to serving the common good in ways such as promoting clean air and water, and financial independence for all citizens. As corporations focus more on corporate sustainability efforts and social responsibility, their business models may expand to include more social goods in their day-to-day strategies and operations.
We hope this gives you a better idea of the term “social good”.
Does this description of “social good” fit in line with Billion? Are there any other categories, other than clear air, clean water, literacy, workforce development, or healthcare, which you would qualify as addressing a “social good”?
Dicko Sow: Absolutely! Our mission is to help create lasting social change in the communities that we live in. And as long as individuals that pitch on our platform have ideas that address a form of social aspect in our communities, then we believe that idea aligns with our mission.
What are some issues dealing with social good in Columbus, Ohio that you would like to see addressed?
Dicko Sow: Some ideas that have already been pitched on our platform include addressing housing inequalities, climate change, and safety, among many others!
How does Billion differ from other crowdfunding sources, such as kickstarter, gofundme, indiegogo, etc?
Dicko Sow: Billion is different because we are the only platform that supports global issues. Our competitive crowdfunding platform then helps us bring that major issue to the forefront. We believe that by combining competition with crowdfunding, we can make a much bigger impact in our communities.
I noticed that you describe yourself as the “world’s first competitive-crowdfunding platform for social good.” Many people, especially in the sports world, believe that competition, the act of competing, is a great thing. No crowdfunding platform has this ‘competition-type’ approach.
Describe the competitive approach with Billion. Do you believe that this will motivate entrepreneurs more?
Dicko Sow: We are allowing anyone with an idea about social change in the community to pitch their idea on our platform. Once the idea is entered, movements will face off against each other. Throughout each iteration, the movement with the most funds will move on, with the funds from the losing movement reallocated to another movement of the donor’s choosing. We believe that this competitive style will provide more publicity and support to the worthwhile causes, and also some serious capital for the winning movement. We believe that the movement has a better chance of succeeding with all of the benefits they gain from being on our platform.
The Columbus Independents Day Festival is a celebration of music, art, performances, food and fun that fuels Columbus’ creative spirit. This 2-day festival located in the heart of Columbus’ vibrant East Franklinton neighborhood, Independents’ Day 2015 will host live music on four stages, an array of local arts showcases, marketplaces featuring some of Ohio’s most celebrated vendors, amazing food and drink, live interactive features… and so much more!
I understand that Billion will be holding its’ first crowdfunding cycle during the Columbus Independents’ Day Festival on September 19 – 20?
What should we expect?
Dicko Sow: Expect to come in and have an awesome time supporting some great social causes! We will have our top ideas face off against each other using an augmented reality game created by Multivarious Games. Points that are won will be allocated to the player’s movement of choosing, and the movement with the most points will walk away with all the funds raised through the bracket.
How can someone submit their idea to get involved?
Dicko Sow: To submit your idea, please head to our website at www.billioneffect.com and check out the “Pitch Your Idea” section. We look forward to reviewing your idea!
Backed by an impressive list of investors:
Read more about the BitGold team by clicking this link
BitGold recently announced their first US Based Vault!
The rebound of Chinese stocks Thursday shouldn't lull global investors into a false sense of complacency: That country's equities market isn't out of the woods quite yet. In addition to stabilizing prices and sustaining a gradual price recovery process, the government must take on the challenge of restoring normal functioning to a market roiled by share suspensions and manipulation.
Given the significant economic and financial links between the two countries, what happens in China matters more to U.S. investors than the spillover from the tragic Greek crisis.
Here are the five considerations for U.S. investors as they monitor developments in China:
An economically damaged China would lower demand for U.S. exports and harm corporate profits. The more China draws on its huge international reserve holdings to support its domestic markets, the greater the risk of pressure on U.S. financial assets that China has invested in. And the bigger the setbacks to market reforms, the longer it will take China to assume its full responsibilities in the global economy.
This column does not necessarily reflect the opinion of Bloomberg View's editorial board or Bloomberg LP, its owners and investors.
To contact the author on this story:
Mohamed A. El-Erian at email@example.com