A leading US entrepreneur has said Scotland provides good support for the kind of technology companies that could become global successes after taking on a key role at a firm he thinks has massive potential.
Why Corporate Venture Capital Reduces Risk And Multiplies Rewards In Industrial Technology Investing
Leaders have proven that by investing in highly innovative firms within or adjacent to their core business, industrial groups can not only keep track of industry innovations but can become the innovators themselves.
It is no secret that the manufacturing industry in the US has fallen behind over the last several decades, even though innovation in related technologies, including factory automation and robotics, are thriving in America’s universities and start-up community.
In a Gartner report published in late 2020, analysts took a deep dive into the role Industrial IoT (IIoT) continues to play in the Industry 4.0 revolution. Topline, Gartner wrote that complex IT/OT integration is “accelerating as first-generation solutions evolve and trust develops in operations. CIOs must focus on the long-term potential of IIoT platforms in addition to near-term impact.”
FOR IMMEDIATE RELEASE Washington D.C., April 25, 2019 — The Securities and Exchange Commission today announced the inaugural members of the Small Business Capital Formation Advisory Committee. The Committee will hold its first meeting on Monday, May 6, 2019, at the SEC’s headquarters in Washington, D.C. The Committee was established by the SEC Small Business Advocate Act of 2016, and is designed to provide a formal mechanism for the Commission to receive advice and recommendations on Commission rules, regulations and policy matters relating to small ...
The Frontier Conference co-founder Hank Torbert talks with John Landrum, Vice President at Intralox, about the local manufacturer’s culture of innovation and what it is doing to solve its customers’ biggest problem. You are spearheading innovation at one of the most impressive companies in our region and in the sector, can you tell us about yourself and your role at Intralox? I practiced law for 10 years before joining Laitram in 1993. I had served on the board of a local nonprofit with Jay Lapeyre and that led to discussions about joining Laitram, the parent of Intralox. I was never in the legal department; I started as the leader of Laitram’s in-house advertising group, then went with the family to Amsterdam for three years where I became the European General Manager for Intralox. European revenues then were in the neighborhood of $15 million; they are roughly 10 times that number now. When I returned to New Orleans, I had responsibility for emerging industries. Some really talented people reporting to me opened up the tiremaking industry with some breakthrough new products; it’s a major source of revenue for us now. Later, some of these people, and others, explored the logistics market (the U.S. Post Office, warehousers like Amazon and parcel companies like UPS). That business has really exploded. In 2011, I took responsibility for our global product development.
Laurie Jugan is a leading innovator in the commercialization community. She is an independent consultant currently supporting the University of Southern Mississippi through the Mississippi Enterprise for Technology at Stennis Space Center and USM’s contract for the formalization of the Marine Industries Science & Technology Cluster. She promotes the Blue Economy of the Gulf Coast region, coordinates events and assists small to medium-sized companies find business opportunities. For MSET, Jugan serves as a program manager, developing and conducting programs that link technology providers with organizations that can apply the technology to their missions. She is well-versed in government contracting and the technology transfer process. She routinely provides guidance to companies as they navigate through the processes of various federal agencies and identifies business opportunities for companies based on their products and services. Hank Torbert, a founder of The Frontier Conference, interviews her about advances in the industry.
The U.S. is on the cusp of an “industrial revolution 2.0,” and in order for venture capitalists to deploy capital, startups must portray growth with scale, according to industry experts.
Nic Radford, co-founder and chief technical officer of Houston Mechatronics, is a leading innovator in the AI, robotics and automation industry. Hank Torbert, a founder of The Frontier Conference, interviews him about advances in the industry.
Alex Reed, co-founder and CEO of Fluence Analytics, is a leading entrepreneur and technology innovator in the advanced manufacturing and chemicals industry. Hank Torbert, a founder of The Frontier Conference, interviews him about how his New Orleans-based company has sustained itself in a changing sector.