Blog

  • DevOps Meets the Enterprise: Chef Now Supported by IBM, Microsoft

    Chef is cooking in the enterprise. Opscode’s open source automation platform is now supported by IBM and Microsoft, the company said, making it easier for enterprise IT users to use Chef to manage and scale their server environments. The announcements today ahead of the annual #ChefConf user conference mark a coming of age for Opscode and Chef, helping extent the benefits of the “DevOps” movement beyond its origins in the hyper-scale computing community.

    DevOps, which combines many of the roles of systems administrators and developers, was popularized at large cloud builders with dynamic server environments. An example is Facebook, which recently adopted Chef to manage its fast-moving infrastructure. Opscode’s team features veterans of Amazon Web Services, a driving force in the growth of cloud services and DevOps.

    “Facebook, Google and Amazon have figured out how to leverage large-scale infrastructure, and we are now seeing a similar trend in the enterprise,” said Jay Wampold, VP of Marketing at Opscode. “IT is a front-office imperative in how companies engage customers and users. Enterprises were not built from the ground up for this. Now they have to retool.”

    The Code-Based Business”

    Chef is central to Opscode’s vision for this shift to “code-based businesses.” Chef is an open source framework using repeatable code – organized as “recipes” and “cookbooks” – to automate the configuration and management process for virtual servers. It enables users to deploy infrastructure as code across any operating system from Windows to Unix and Linux, across physical, virtual or cloud infrastructures.

    In February Opscode unviled Chef 11, an updated version written in the Erlang programming language and using a PostgresSQL database. That’s a change from previous versions, which used Ruby as the configuration language and CouchDB as the database. The shift to an SQL database has helped make Opscode’s offerings more attractive to enterprise customers using Private Chef to automate infrastructure in their own data centers.

    The IBM integration will further support this shift. Chef will now support IBM Power Systems and the AIX operating system, allowing enterprise customers to use Chef to automate the configuration of AIX-based cloud infrastructure. Opscode will provide IBM customers with tools to build and manage cloud resources and applications in large-scale AIX compute environments.

    “Our collaboration with IBM is addressing a major transformation facing enterprises as they code their businesses to thrive in the digital economy,” said Mitch Hill, CEO of Opscode. “Leveraging the innovation and extensibility of open source, including OpenStack and Chef, Opscode and IBM are enabling businesses to maximize the potential of the cloud in rapidly delivering goods and services to market.”

    Cookbooks for WebSphere, Windows Azure

    IBM and Opscode are also collaborating on creating cookbooks for the IBM Software portfolio, beginning with the WebSphere Application Server Liberty Profile. This cookbook will provide reusable content to allow the rapid provisioning and full application lifecycle management of WebSphere Application Server Liberty Profile applications.

    “By collaborating on product integration and Chef Community content, we’ll be able to offer enterprise businesses comprehensive solutions for gaining the most value out of cloud, with minimal risk.” said Moe Abdula, VP, SmartCloud Foundation at IBM.

    Abdula will be presenting on #ChefConf’s main stage tomorrow, one of a number of enterprise presenters from companies including Disney, Forrester Research, General Electric and Nordstrom. About 700 attendees are expected at the event in San Francisco, part of a larger open source Chef community features more than 1,300 individual contributors, 200 corporate contributors, and 900 cookbooks. Since last year’s #ChefConf, Opscode says it has seen its commercial customer base double, including many Fortune 500 enterprises using Private Chef to build in-house clouds.

    “A lot of mainstream enterprises are talking about revolutionizing the enterprise, and adopting Chef broadly,” said Wampold. “That involves a cultural change, and getting the whole group trained on Chef and integrated with the community.”

    ChefConf is part of that process. So is Opscode’s collaboration with Microsoft Open Technologies to deliver a series of Chef Cookbooks providing cloud automation capabilities for Microsoft Azure, including cookbooks for automating Drupal and WordPress deployments on Windows Azure. Opscode also announced today that Chef provides integration with Microsoft’s IaaS offering, Windows Azure Infrastructure Services.

    “The enterprise engagement and sales process has grown,” said Wampold. “We can take credit for building a great product. But the business needs his come around more quickly than anyone expected. “It’s clear the traditional enterprise vendors like IBM and Microsoft are seeing this transition. These companies are knocking on our door because they see us as a key enabler.”

  • Yesware sync and reminder tools aim to help close deals

    Yesware’s goal in life is to help sales people close deals by tracking and gauging the efficiency of their email communications with customers. Is the message opened? When and how many times? Yesware sheds light on what too often becomes a black hole.
    yesware reminder
    Now, it’s adding two new features to aid in that battle. Yesware Reminders lets the user set up a time in the future to check in with the recipient and that reminder will bubble up pertinent information about that prospect — how many emails were sent, when and where they’ve been opened, if they’ve been opened. That feature competes with options from Baydin and Followup.cc.

    And Calendar Sync, as the name implies, lets users sync up appointments that are often scrambled between Google Calendar and Salesforce.com — a key concern given how many sales people use those applications. That feature competes with Appirio’s Cloud Sync. 

    Synching up email and appointments and tracking efficiency of outbound mail is a  both big businesses these days. GigaOM’s Jorden Novet recently wrote about Appmesh, a startup founded by Salesforce.com vets that’s also dedicated to helping sales people keep ahead of the email crush.

    Boston-based Yesware, which is backed by Google Ventures and Foundry Group, claims customers including Gooddata, Hubspot, Groupon  and Adroll

    Related research and analysis from GigaOM Pro:
    Subscriber content. Sign up for a free trial.

        

  • Ubuntu 13.04 Review

    Ubuntu 13.04 (Raring Ringtail) has been launched by Canonical, and from what we can tell so far, this is the best one yet.

    We have gotten used to receiving small doses of Ubuntu every six months. The visual changes aren’t significant from one version to another (with the exception of Unity), but if we compare 11.04 with 13.04, they seem to be completely differen… (read more)

  • How Chinese Subsidies Changed the World

    Last week, LDK Solar, a struggling Chinese manufacturer of solar wafers and panels, announced that it had missed $24 million in bond payments. This news followed the bankruptcy in March of Wuxi Suntech, the main operating subsidiary of the world’s largest maker of solar panels, after it defaulted on a $541 million bond payment.

    It is no coincidence that this upheaval in the Chinese solar industry is occurring at a time when the central government’s subsidies that had financed the industry’s explosive expansion have declined even as problems in the global solar-panel market have soared.

    Since 2008, through government subsidies, the manufacturing capacity of China’s solar-panel industry grew tenfold, leading to a vast global oversupply. A surge in exports of Chinese panels depressed world prices by 75%. In 2012, China’s top six solar companies had debt ratios of over 80%. Our research showed that without subsidies, these companies would be bankrupt. If the Chinese government sticks to its decision to stop funding unprofitable solar-panel manufacturers and support a revamping of the industry, more bankruptcies and restructurings are sure to follow.

    While it is encouraging to see the Chinese government rethinking its support of the solar-panel industry, it would be foolish to interpret this move as a reversal of its overarching policy of aggressively subsidizing targeted industries in order to dominate global markets.

    A Rise Fueled by Subsidies

    For the past five years, we have examined how China swiftly moved from being a global bit player and net importer to the world’s largest manufacturer and exporter in capital-intensive industries where it had no labor-cost advantage. We witnessed industrialized countries become exporters of commodities and scrap to China. In 2000, labor-intensive products constituted 37% of all Chinese exports; by 2010, this fell to 14%.

    In parallel, from 2004 to 2011, U.S. imports of technologically-advanced products from China grew by 16.5% percent annually, while similar U.S. exports increased by only 11%. In 2011, the U.S. imported 560% more technologically-advanced products from China than it exported to that country. Meanwhile, the annual U.S. trade surplus with China in scrap and waste grew from $715 million in 2000 to $8.4 billion in 2010.

    Government subsidies to produce technologically advanced products and undercut foreign manufacturers have buttressed China’s trade prowess. Since 2000, the value of Chinese exports more than quadrupled. In 2009, China surpassed Germany to become the world’s largest exporter. In 2010, it overtook Japan to become the second-largest manufacturer, and its foreign-exchange reserves became the largest in the world. Last year, China overtook the U.S. to become the biggest trading nation (as measured by the sum of goods exported and imported).

    In the Chinese industries we studied — solar, steel, glass, paper, and auto parts — labor was between 2% and 7% of production costs, and imported raw materials and energy accounted for most costs. Production mostly came from small companies that possessed no scale economies. Yet, Chinese products routinely sold for 25% to 30% less than those from the U.S. or European Union.

    We found that Chinese companies could do this only because of subsidies they received from China’s central and provincial governments. The subsidies took the form of free or low-cost loans; artificially cheap raw materials, components, energy, and land; and support for R&D and technology acquisitions.

    Since 2001, when China joined the World Trade Organization, subsidies have annually financed over 20% of the expansion of the country’s manufacturing capacity. The state has willingly paid the price of economic inefficiency to accomplish political, social, economic, and diplomatic goals. Huge Chinese subsidies have led to massive excess global capacity, increased exports, and depressed worldwide prices, and have hollowed out other countries’ industrial bases.

    Case Examples: Steel and Paper

    Take steel. In 2000, China was a net importer of steel with 13% of world imports and 16% of global output. By 2007, it had become the world’s largest producer, consumer, and exporter of steel. Tellingly, energy subsidies to Chinese steel totaled $27 billion from 2000 to 2007. Today, China produces half the world’s steel. Even though its highly fragmented industry has no scale economies or technological edge, Chinese steel sells for 25% less than U.S. and European steel.

    Similarly, $33 billion in subsidies from 2002 to 2009 helped China triple paper production and overtake the U.S. to become the world’s largest paper producer. This is despite the fact that its industry has no scale economies, is geographically fragmented, and the country has one of the smallest amounts of forest in the world per capita. Even though its industry has to import vast amounts of pulp and recycled paper (mostly from the U.S.), Chinese paper sells at a substantial discount to U.S. and European paper.

    Other Nations Must Fight Back

    Some have argued that Chinese subsidies help consumers by keeping prices low. Our research leads us to conclude that like other monopolies, Chinese companies will raise prices as international competition retreats.

    Because of massive Chinese subsidies to several industries, no free trade exists and markets have failed. To survive, U.S. and European companies must seek government support to open Chinese markets and to protect themselves from subsidized products domestically. And national governments and trade blocs must heed these calls. If they don’t significantly increase pressure on Chinese governments and businesses, the devastation that Chinese subsidies have wreaked on other countries’ economies will continue.

  • GM Could Export Chinese Built Cars to U.S. – Bailout Update

    In a rather shocking admission, GM China’s President says that they could export Chinese built cars to the U.S. market. Take that UAW and U.S. taxpayers – apparently we helped bailout Chinese built cars.

    GM Could Export Chinese Built Cars to U.S.

    Could this Chinese-built Buick concept be exported to the U.S.? You bet. How’s the bailout feel now?

    The admission came from Autoblog.com that was covering the Shanghai Motor Show, General Motors press conference. At the press conference, GM announced an aggressive plan to ramp up their presence by adding 400 dealerships in 2013 (4,200 total). It is planning on reaching 5,100 in 2015.

    Production of these vehicles will remain in China, however, they estimate exporting a record 100,000 to 130,000 cars this year. Plans are set to export even more.

    Autoblog naturally asked the follow-up question if this meant these cars could make their way to the U.S. GM China president Bob Socia responded with:

    “It could very well happen. It could very well happen. You know, I’m not sharing any plans with you, but we try to keep open as to what makes sense. And Tim [Lee – GM’s president of international operations] is the right guy to talk about your manufacturing footprint. If it make sense to tool up a vehicle in one location as opposed to two, from an economic perspective, Tim will say that’s what we should be doing. We’re open to be doing that. There’s no reason why we can’t be exporting to the States, and obviously the States are exporting here.”

    The thought would be that most of these vehicles would be Buick’s. The facts are that the Buick brand is a BIG seller in the Chinese market and a joint venture with the Chinese Automaker SAIC is creating an environment for SAIC to have more control. These factors along with new trade agreements could create this reality.

    Even with Socia ending the conversation by saying that there are no current export plans, it is amazing that a U.S. bailed out company would export Chinese built cars back to the U.S. This is a huge blow for the UAW and taxpayers who were wanted the bailout money to keep/create jobs in the U.S.

    With many, many GM plants sitting idle or downsized, the question is why you would import Buicks rather than build them stateside. We know the answer to that one – poor leadership (a hallmark of past GM failure).

    What do you think? Are you excited about GM exporting a Chinese-built Buick to the U.S.?

    Related Posts:

    The post GM Could Export Chinese Built Cars to U.S. – Bailout Update appeared first on Tundra Headquarters Blog.

  • Apple Patents Built-In iPhone Remote Unlocker, Engine Starter And Parking Locator For Cars

    Screen Shot 2013-04-25 at 7.33.44 AM

    The USPTO published a number of Apple patent applications Tuesday, including two related to automobiles (via AppleInsider). The car patents both describe systems that can be built into future iPhones, replacing most of the functionality of your standard key fob with the smartphone, and providing a way to help drivers navigate the often maze-like interiors of parking garages to find their ride.

    In one application, Apple describes what amounts to a series of different indoor positioning systems to help drivers locate their cars when parked. The system would involve pairing a car and an iPhone via Bluetooth, and then using that connection to automatically detect when a car ends up actually parking in a spot. Then, it uses sensor data communicated from the parking facility itself to peg a location.

    Once a user returns to the garage, they can trigger the phone to find their current positioning data from the same system, and then provide actual guidance or directions back to their car itself. The patent describes parking garages in which devices are placed at regular intervals throughout to help facilitate the indoor location portion. Apple’s recent acquisition of indoor positioning system company WiFiSLAM could also work very well in terms of helping provide a way to make this system work.

    The IPS element is interesting, but where Apple’s patent is really unique is in using on-board device sensors, including things like the camera and microphone, to determine automatically when a car parks to begin with to trigger the car location logging information. There are plenty of “where did I park my car” apps out there (though few boast IPS), but the automatic, fully-integrated way Apple’s system would work would make it so that you don’t even have to remember to activate it.

    The other car-related application describes a system that would turn the iPhone into a remote car starter, unlocker, and essentially a parental control device for a target vehicle. The patent talks about using Bluetooth to pair a car and a handset, then allowing a user to choose their level of security, making it possible to have the phone unlock the car automatically based on proximity, or require a PIN to even use any car control functions.

    Apple’s patent goes further than most remote starter/unlocker key fobs by allowing a user to set specific limits for particular devices, like making it possible to start the engine with a phone only during set hours, setting a max speed for use with a particular device, limiting access to infotainment services, and building in geofencing. All of these can be used in theft prevention, but also to set limits on say a teen child’s car permissions.

    It’s about time that cars got tighter integration with mobile devices, in ways that make the best use of all the tech on board our modern smartphones. Many car companies seem to be open to working closer with Apple, too, so while there’s a lot of infrastructure changes described in these patents, we still could see these features make their way to shipping devices over the next few years.

  • Verizon prepares $100 billion bid for Verizon Wireless takeover

    Verizon Wireless Acquisition Vodafone Stake
    Verizon Wireless is preparing to offer $100 billion to acquire Vodafone’s stake in the companies’ U.S. joint venture, Verizon Wireless. Verizon currently owns 55% of the nation’s top wireless carrier and it has hired advisors to help it prepare the bid for Vodafone’s 45% stake, Reuters reported. Earlier reports suggested Verizon and Vodafone were discussing various ways the two might resolve their relationship, but issues over valuation were holding up discussions. According to this new report, Verizon is now prepared to pursue Vodafone’s Verizon Wireless stake more aggressively. “It hopes to start discussions with Vodafone soon for a friendly agreement but is prepared to take a bid public if the British company does not engage,” an unnamed source told Reuters.

  • News story: PM letter to the EU on tax evasion

    Updated: Added EU member states as location tags

    The Prime Minister has written to Herman Van Rompuy, President of the European Council, setting out the case for radical global action to tackle tax evasion and aggressive tax avoidance.

    The letter, copied into leaders of all EU member states, sets out the PM’s ambition that the May European Council will inject the political will to tackle the problem and restore confidence in the fairness and effectiveness of our tax system, and calls for action in 4 key areas:

    • a new global standard for multilateral information exchange
    • action plans to increase transparency in beneficial ownership
    • reform of global tax rules through the G20 and OECD, including where we could go further, eg greater country-by-country company reporting on the tax paid in their countries of operation
    • improving the ability of developing countries to collect tax, building on the example of the government’s new joint unit

    Battling tax evasion and avoidance is a priority for the G8 summit that the Prime Minister will host at Lough Erne in June.

    The Prime Minister’s letter in full

    24 April 2013

    I welcome your proposal to discuss tax evasion and fraud at the May European Council. As you know, the loss of tax revenue resulting from tax evasion and aggressive avoidance is staggering. In a period of fiscal consolidation where hard-working citizens and businesses are being asked to bear extra burdens, we need coordinated, truly global action to address these issues. This is why I put tax transparency at the heart of the 2013 G8 agenda when I wrote to you and other G8 colleagues at the start of this year.

    I welcome the initiative of the Commission’s recent Action Plan on Tax Fraud and Tax Evasion, which sets out a range of proposals on which Europe can show leadership. As part of this, we very much support implementing existing measures, including the proposal for amending the EU Savings Tax Directive – where we appear closer than ever to reaching agreement – and proposals for reviewing the full range of tools to tackle evasion and avoidance.

    However, as the Commission’s Action Plan itself recognises, tax evasion and aggressive tax avoidance are global problems that require truly global solutions. Otherwise, tax evaders will simply play the system and arbitrage between one jurisdiction to another. There is now, ahead of the G8 Summit in June, a timely opportunity for the G8 and EU to inject the political will required to raise international efforts to a new level and take radical, rather than incremental, action in four areas.

    Firstly, on tackling tax evasion, the introduction of the Foreign Account Tax Compliance Act by the US could move us rapidly to a new global system of multilateral automatic exchange of information. This covers a wide variety of products and entities – and critically, includes requirements, which the UK is implementing, to ensure that we can collectively tackle tax evasion through the use of offshore trusts.

    The UK has also taken other concrete steps to clamp down on tax evasion. We recently concluded automatic information exchange agreements, based on our agreement with the US, with our Crown Dependencies – the Isle of Man, Guernsey and Jersey. We are also in advanced discussions with our Overseas Territories to do the same, and continue to work closely with them and the Crown Dependencies on further concrete steps they can now take to demonstrate their steadfast political and practical commitment to tackling tax evasion.

    The recent announcement by the UK with France, Germany, Italy and Spain to pilot multilateral automatic information exchange based on our agreements with the US is a significant step. I am delighted that other European countries, including Poland, have already signalled their willingness to join this initiative. And to support the development of a universal standard, the UK has also asked the OECD to report ahead of the G8 Summit on how to deliver this effectively. I hope that at our May Council we can give the strongest possible message of support from Europe for the rapid adoption of multilateral automatic information exchange as a new global standard, and encourage other jurisdictions to publicly commit to joining a multilateral system at the earliest opportunity.

    Second, we must break through the walls of corporate secrecy. A lack of knowledge about who ultimately controls, owns and profits from companies leads to aggressive tax avoidance, tax evasion and money laundering, undermining tax bases and fuelling corruption across the world. Therefore, the G8 and EU must work together to ensure full transparency in beneficial ownership.

    This means ensuring full and maximum implementation of the existing Financial Action Task Force standards on transparency in beneficial ownership. I hope G8 Leaders will consider publishing national Action Plans by June that set out concrete steps that their governments will take to achieve this – including, for example, by enhancing the availability of beneficial ownership information through central public company registries. Europe now has a real opportunity to be in the vanguard through the 4th EU Anti-Money Laundering Directive. But as ever, we must work with other countries and financial centres to ensure a level playing field.

    Third, I have always been clear that competitive national tax systems go hand in hand with individuals and corporates paying the taxes they owe. The majority of them do so, and make a valuable contribution to society and to the funding of our public services. But some are choosing to shift their profits artificially to ultra-low tax jurisdictions, distorting competition.

    Again, we need a truly global solution. As I am sure you will agree, the path to reform starts with the basic recognition that current global tax rules do not reflect the modern and globalised economy that our citizens live and trade in. The UK will, with the rest of the G8, seek to provide high-level political support to the ongoing efforts in the OECD and G20 to identify problems and gaps in these existing rules, and to work up options for reform. And I hope that the European Council can strongly support these efforts, which will reach a critical juncture this summer.

    But as part of these longer-term changes, there should be room for a serious debate about what further steps can be taken to address continued attempts at aggressive tax avoidance. For example, we should consider how the steps taken by some firms to undertake country-by-country reporting on the tax paid in their countries of operation can be further encouraged on a voluntary basis. This can hugely benefit tax authorities, especially those in developing countries that have limited capacity to collate this information themselves.

    The final theme of the G8 tax agenda is ensuring developing countries can collect the taxes owed to them. The UK is setting up a new unit, joint between our tax authorities and the Department for International Development, to improve the capacity of developing countries to collect tax domestically, including a fair share from multinational companies. I hope all G8 and EU countries can make a similar commitment to prioritise their development assistance in this way.

    Our recent success on the EU Accounting Directive will also enable developing countries to access information about payments made to their governments in the oil, gas and mining industries, improving the use of such revenues. To set an example to other countries that are considering similar legislation, I hope you will join me in urging EU partners to commit to early implementation of the Directive. And to complement company reporting, I hope that European countries can seriously consider – as the UK is actively doing – how to implement the Extractives Industry Transparency Initiative, which enhances governments’ own reporting of their extractive tax receipts.

    The UK looks forward to continuing to work with all Member States and the European Commission on this hugely important agenda and to addressing these global issues with global solutions. I am confident that the upcoming European Council and the G8 Summit will be remembered as the turning point in the battle against tax evasion and avoidance and the restoration of confidence in the fairness and effectiveness of our tax systems.

    I am copying this letter to the President of the European Commission and other members of the European Council.

  • Datalogix Raises $25 Mln Series B

    Datalogix has closed a a $25 million Series B round of equity financing led by Institutional Venture Partners. Existing investors include General Catalyst, Sequel Venture Partners and Costanoa Venture Capital.

    PRESS RELEASE

    Datalogix, the leading data platform for the digital era, announced today that it closed a $25 million Series B round of equity financing led by Institutional Venture Partners (IVP).  IVP joins existing investors General Catalyst, Sequel Venture Partners and Costanoa Venture Capital.  The financing will enable Datalogix to continue its rapid growth and accelerate adoption of its audience and measurement solutions across display, mobile, video, social and search channels.  This will include investment in scaling its industry leading technology platform and geographic expansion.

    The new funding round follows the closing of a record year for Datalogix, capped by a tripling of its digital business in March.  In the past year, Datalogix grew revenue by 50%, added over 100 employees and opened offices in Detroit, San Francisco and London.  In addition, the company was recently recognized as having the “Top Workplace” among Colorado technology companies by the Denver Post.

    IVP General Partner Sandy Miller commented, “Datalogix is playing a critical role in helping ad dollars move online effectively at scale.  They have a fantastic team, great technology, wonderful data and enviable relationships with many of the industry’s most important brands and publishers.  Seldom have we seen a company at their stage be this well-positioned to capture a market opportunity of this magnitude.”

    In conjunction with the financing, Datalogix announced that Sandy Miller and Paul Ostling would join its Board of Directors.  Ostling, former Global COO of Ernst & Young, joins as an independent director and will lead the Datalogix Audit Committee.

    Paul Ostling added, “I am very excited to work with such a dynamic and innovative enterprise, and look forward to working with the board and management to implement best practices of corporate governance and transparency.”

    “It’s great to have IVP on board to support our growth,” said Datalogix Chairman Rob Gierkink.  “It is an honor to join a portfolio that has included 93 IPOs and a lifetime IRR of 43% over 32 years.  We’re also thrilled to add Directors of the caliber of Sandy and Paul to the Board.”

    About Datalogix
    Datalogix® is the leader at connecting digital media and offline purchasing data.  Datalogix helps leading consumer marketers increase the effectiveness and measurability of their advertising.  DLX Platform®, encompassing over $1 trillion in consumer spending, powers campaigns for more than 75% of online media companies.  DLX ROI™ is rapidly becoming the industry standard for measuring offline sales lift for digital media.  The Company’s expertise spans the major consumer segments, including Retail, CPG, Automotive, Telecom, Travel and Financial Services.  Datalogix is based in Colorado, with offices in NYC, San Francisco, Boston, Chicago, Detroit and London.

    About Institutional Venture Partners (IVP)
    With $4 billion of committed capital, Institutional Venture Partners (IVP) is one of the premier later-stage venture capital and growth equity firms in the United States.  The partnership is currently investing IVP XIV, a $1 billion later-stage fund focused on investments in rapidly growing technology and media companies.  Founded in 1980, IVP has invested in over 300 companies, 93 of which have gone public.  IVP is one of the top performing firms in the industry and has a 32-year IRR of 43.2%.  IVP specializes in venture growth investments, industry rollups, founder liquidity transactions and select public market investments.  Since its inception, IVP investments include such notable companies as ArcSight (HPQ), Buddy Media (CRM), ComScore (SCOR), Concur Technologies (CNQR), Dropbox, Fleetmatics (FLTX), HomeAway (AWAY), Juniper Networks (JNPR), Kayak (KYAK), LegalZoom, LifeLock (LOCK), Marketo, MobileIron, MySQL (ORCL), Netflix (NFLX), Omniture (ADBE), One Kings Lane, Polycom (PLCM), RetailMeNot, Seagate (STX), Shazam, Synchronoss (SNCR), Tivo (TIVO), Twitter and Zynga (ZNGA).  For more information, visit http://ivp.com or follow IVP on Twitter: @ivp

    The post Datalogix Raises $25 Mln Series B appeared first on peHUB.

  • Pict announces new funding as it expands to tag photos for social shopping

    The importance of a strong visual component to social media and the profileration of shopping-oriented sites like Pinterest and Facebook have been great for retail brands, as consumers are spending a lot more time looking at potential purchases online. However, there are now a bunch of startups trying to fix an associated problem, which is that once a photo of a product gets tweeted out or shared on Pinterest, re-directing consumers back to the original site — and turning them into purchasers — can be a challenge.

    social photo tagging imagesI’ve written about photo-tagging startups in the past that attempt to add multimedia to points on images on the web, but Pict, a new company announcing funding on Thursday, has a particular focus on integrating catalog information into a retailer’s photos, and when viewed in Facebook’s timeline the photos will be totally interactive without the consumer having to leave Facebook.

    The company went through Angelpad as a company called Dropt in 2012. Dropt let designers create digital lookbooks that could be shared more easily than the traditional paper or PDF versions, but the founders realized there was an even greater opportunity when it comes to digital fashion sales. Fashion designer Steven Alan became one of the company’s first outside investors when it prepared to relaunch as Pict.

    As Pict is announcing $1.4 million in funding and opening up its registration more widely this week (although you still have to request an invite.) The company works to let companies from large retailers down to individual Etsy sellers can tag and share photos of their products across the web.

    “It’s really similar to tagging photos on Facebook,” CEO Brent Locks explained. “You can snap a photo on your phone, type in the names of products in the phone, and we pull in all of the relevant metadata from your uploaded catalog.”

    snap tag share Pict social shopping

    While there are a good number of startups that allow you to tag images to re-direct back to the seller, Pict is unique in that it just focuses on product details — not adding maps and videos and tweets on top of a photo — and it has a mobile app, which allows sellers to take photos from a smartphone and post to social media on the go.

    “It doesn’t require any kind of learning curve,” Locks said. “That’s the key that really differentiates us.”

    The company has brought in $1.4 million in funding so far, and while it’s not a huge amount of money in the realm of startups, the company does have notable investors like Kirsten Green’s Forerunner Ventures, a successful e-commerce investor who put money in companies like Birchbox, Hotel Tonight, Threadflip, Wanelo, Warby Parker and others. Other Pict investors include Lowercase Capital, Opus Capital, Angelpad, 500 Startups, Gary Vaynerchuk, Scott Belsky, Steven Alan, Seth Berman, and others.

    tagging Pict photo social shopping e-commerce

    Related research and analysis from GigaOM Pro:
    Subscriber content. Sign up for a free trial.

        

  • Nokia Chat for Windows Phone available in Beta Labs

    Today, through its Beta Labs blog, Finnish maker Nokia announces a new experimental app for the Lumia Windows Phone lineup. Available only in a select number of markets, Nokia Chat for Windows Phone is designed to connect Lumia users with “friends who use Lumia, Asha, S40, and Symbian devices, and those using Yahoo! Messenger on other mobile devices and platforms”.

    Nokia Chat for Windows Phone is available to Lumia users in Australia, Canada, India, Nigeria, South Africa, New Zealand, United Kingdom and United States. The Finnish manufacturer promises to expand availability “to more countries in the near future”. So what does Nokia Chat for Windows Phone bring to the table for us Lumia users?

    With no official Yahoo! Messenger app available on Windows Phone so far, Nokia Chat for Windows Phone allows users of the still popular instant messaging service to connect by using a Nokia account. The app scans your contact list for Yahoo! Messenger handles and you can also manually add them.

    Nokia Chat for Windows Phone supports push notifications, which inform you of incoming messages, live tiles, the ability to share a certain place, such as restaurants or shops, and can also share your location.

    For Windows Phone 8 users, the app can also take advantage of voice dictation, voice commands — example “Chat with Michael Jordan” — as well as lockscreen notifications. The last feature displays a counter informing you of the number of unread messages.

    Nokia Chat for Windows Phone joins other experimental apps designed for Microsoft’s smartphone operating system, such as Lumia Storage Check, Nokia Conference, Place Tag and Play To for WP8. I’ve detailed the four in a previous article dubbed “Empower your Lumia Windows Phone with experimental apps from Nokia Beta Labs“.

    Nokia Chat for Windows Phone is available to download through Nokia Beta Labs.

  • Google’s search concessions to the EU are now out and up for comment

    The European Commission has formally announced the measures that Google has offered to take in order to settle a major antitrust investigation into its practices. It now wants “interested parties” to have their say on the proposals over the next month, after which it will decide whether to make them legally binding on Google.

    The case followed complaints by Microsoft and others over Google’s treatment of rivals’ web services in its search results. These companies argue that Google favors its own services, which are not clearly marked as such, and also that it unfairly locks advertisers onto its platform and scrapes content from third-party search and comparison sites without consent.

    A recent leak outlined the terms of the proposed settlement deal, but here’s the official version:

    To address these concerns, Google offers for a period of 5 years to:

    (i) – label promoted links to its own specialised search services so that users can distinguish them from natural web search results,
    – clearly separate these promoted links from other web search results by clear graphical features (such as a frame), and
    – display links to three rival specialised search services close to its own services, in a place that is clearly visible to users,

    (ii) – offer all websites the option to opt-out from the use of all their content in Google’s specialised search services, while ensuring that any opt-out does not unduly affect the ranking of those web sites in Google’s general web search results,
    – offer all specialised search web sites that focus on product search or local search the option to mark certain categories of information in such a way that such information is not indexed or used by Google,
    – provide newspaper publishers with a mechanism allowing them to control on a web page per web page basis the display of their content in Google News,

    (iii) no longer include in its agreements with publishers any written or unwritten obligations that would require them to source online search advertisements exclusively from Google, and

    (iv) no longer impose obligations that would prevent advertisers from managing search advertising campaigns across competing advertising platforms.

    Authorities in the U.S. more-or-less cleared Google over similar complaints, but it’s important to note that Google’s share of the search market there is around 67 percent, whereas in the EU it’s around 90 percent. This gives it stronger market power in Europe, and forces the regulators’ hand somewhat (as do local laws).

    A Q&A document, which outlines the Commission’s concerns in detail, points out that “it does not seem likely that another web search service will replace [Google] as European users’ web search service of choice.”

    “In this context, it is important for the Commission to intervene in order to ensure that Google’s prominent market position in web search does not affect the possibility for other competitors to innovate in neighbouring markets, including in the long-term,” the document states.

    Related research and analysis from GigaOM Pro:
    Subscriber content. Sign up for a free trial.

        

  • Vapotherm Closes $29 Mln Round

    Vapotherm has closed a $29 million financing round led by the 3×5 Special Opportunity Fund L.P. and included new investor Morgenthaler Venture Partners L.P. Existing investors GE Asset Management, Kaiser Permanente, Integral Capital Partners, QuestMark Partners and Cross Creek Capital also participated. Exeter, N.H.-based Vapotherm makes advanced respiratory care devices.

    PRESS RELEASE

    On April 12, 2013 Vapotherm closed a $29MM financing round which was led by the 3×5 Special Opportunity Fund L.P. and included new investor Morgenthaler Venture Partners L.P.  Existing investors GE Asset Management, Kaiser Permanente, Integral Capital Partners, QuestMark Partners and Cross Creek Capital also participated in the current round. The proceeds from this financing will be used to fund the Company’s growth plans.
    Tony Arnerich , General Partner of the 3×5 Special Opportunity Fund, and Jason Lettmann , Principal of Morgenthaler Venture Partners, both join the Board of Directors.
    “We are delighted to be a part of the Vapotherm story,” said Tony Arnerich , General Partner of the 3×5 Special Opportunity Fund.  “The unique technology and its clinical benefit for patients with a wide variety of breathing disorders is what appealed to our group. We look forward to supporting the Company and its management team.”
    James “Jim” Liken, a board member since April 2010, has agreed to serve as Chairman of the Board of Directors.  Jim has extensive experience with respiratory technology companies, including Respironics Inc. where he served as President and CEO from August 1999 through December 2003 and as Vice Chairman until March 2008.
    “I have been part of the team for almost three years and am pleased to serve in this new capacity.  This is a very exciting time for Vapotherm,” said Jim Liken.
    Bill Niland , Founder of Vapotherm said, “We appreciate the support of new investors 3×5 and Morgenthaler and our existing investors, as well as Jim’s commitment to serve as Chairman of the Board.  He brings a wealth of knowledge and experience to our organization.”
    In addition to closing the financing Vapotherm opened new corporate headquarters in Exeter, New Hampshire at the start of the year.  The facility, located at 22 Industrial Drive, incorporates 14,400 square feet of office space and 12,000 square feet of manufacturing space.
    “One of the key reasons for moving corporate headquarters to Exeter was to have access to the New England medtech industry, including suppliers, partners, and the deep talent pool,” said Joe Army , President and CEO of Vapotherm.  “We look forward to expanding our operations in the New Hampshire seacoast region and having a positive impact in the community.”
    Vapotherm, Inc. is a privately held manufacturer of advanced respiratory care devices based in Exeter, New Hampshire.  The company develops innovative, comfortable, noninvasive technologies for respiratory support of patients with chronic or acute breathing disorders.  Over 500,000 patients have been treated with Vapotherm high flow therapy.  For more information, visit www.vtherm.com.

    The post Vapotherm Closes $29 Mln Round appeared first on peHUB.

  • Smartphones & Tablets To Be Primary Screen For Gamers, Says Analyst, Powering 64BN+ Games Downloads By 2017 (3X 2012 Figure)

    games apps

    Games app downloads to smartphones and tablets are set to grow significantly over the next four years, according to a new report by analyst Juniper Research which projects there will be 64.1 billion such downloads in 2017 — more than three times the 21 billion downloaded in 2012. Key drivers powering this high rate of growth are increasing numbers of free-to-play releases (aka the freemium business model), as well as more sophisticated devices and the continued global uptake of smartphones, says the analyst.

    The dominance of freemium as a games app business model is very evident from the analyst’s figures: in 2017, it expects just 7% of games to be paid for at the point of purchase, across smartphones and tablets. In-app purchases and/or advertising are presumably how games developers will be mostly earning a buck.

    Juniper says mobile will become the primary screen for gamers, thanks to an increase in the number of “sophisticated games, which allow for truly multi-platform gameplay through the use of cloud technology”. Growth in the quantity of memory on devices is also enabling consumers to download more games. And while Juniper is not expecting smartphones and tablets to kill off dedicated portable gaming devices, it says there’s no doubt consumer mobiles are challenging and eroding the latter market — with players such as Nintendo cutting its sales forecasts by 14% for its 3DS, and 27% for its Wii U.

    Social & Casual games will remain the most popular genre downloaded, according to Juniper’s forecast — with over half of all smartphone games downloaded fitting this genre. That’s in keeping with the key characteristics of mobile devices: always-on connectivity, which means being wired in to social services; and portability, meaning these devices are suited for short bursts of casual gaming to kill time.

    Looking specifically at tablets, Juniper found their users are especially keen on downloading games, with more than twice the number of games downloads to tablets than smartphones.  ”Tablet games are growing so much because they are such an accessible way for all consumer segments to access games. In particular mid-core gamers, who previously spent a lot of money and time playing games but now have jobs, families or other commitments, are driving this trend,” commented report author Siân Rowlands in a statement.  ”These people are really embracing the tablet form factor, and innovative gameplay devices such as the mobile based OUYA console, really appeal to them.”

  • Noble Investment Fund II Closes at $220 Mln

    Noble Investment Group said that its most recent fund exceeded its cap and closed $220 million. About 75% of  Noble Hospitality Fund II was committed by repeat investors. Nobe Investment Group is a lodging and hospitality real estate investment firm.

    PRESS RELEASE

    Noble Investment Group (“Noble”), one of the most experienced lodging and hospitality real estate investment firms in the U.S., is pleased to announce the successful  final closing of its most recent dedicated hospitality investment fund.  Noble Hospitality Fund II was significantly oversubscribed and exceeded its cap with $220 million of equity commitments from prominent state and corporate pension plans, leading university endowments and foundations, fund of funds and the principals of Noble.  Approximately seventy-five percent of the capital for Noble Hospitality Fund II was committed by repeat investors and those with a long term relationship with the firm. Noble Hospitality Fund II has a two-year commitment period.

    “We remain grateful for our investors’ continued trust and confidence in our Noble team and the differentiated value-creation strategy we have been successfully pursuing since 1993,” commented Mit Shah, Noble’s chief executive officer and senior managing principal. After making no new investments from May of 2008 through April of 2010, Noble has strategically increased its investment activity. In 2012, Noble fully invested their most recent hospitality real estate fund which had a three-year commitment period and $310 million in equity commitments. During the past twelve months, Noble has acquired or opened ten hotels representing approximately $300 million in investments.
    “We have been actively investing our new fund since the third quarter of last year and we will continue to utilize our exceptionally strong relationships throughout the lodging industry to source opportunities as well as our internal core competencies to execute our investment strategy,” added Rodney Williams ,  Noble’s chief investment officer and managing principal.
    About Noble Investment Group
    Founded in 1993, the Noble organization specializes in making value-added, opportunistic investments in the lodging and hospitality real estate sector.  Through its private equity real estate funds, Noble has invested more than $2 billion in upper upscale and upscale hotels located throughout the United States which are affiliated with premium brands by Marriott, Hyatt, Hilton and Starwood. For additional information, please visit www.nobleinvestment.com

    The post Noble Investment Fund II Closes at $220 Mln appeared first on peHUB.

  • Heroku comes to Europe, but data protection issues remain

    Heroku has opened up a European region to complement its existing U.S. region, in order to cut down on the latency experienced by customers running their apps from the platform for the benefit of European users. However, that doesn’t make Heroku entirely compliant with European data protection law – yet.

    In a blog post, Heroku’s Zeke Sikelianos said the platform-as-a-service oufit had been seeing great demand from the non-U.S. world, and its second region was now live as a public beta, following a private beta with customers such as Swedish television network TV4.

    “Deploying our app closer to our users in Heroku’s Europe region gave us a 150ms improvement in web performance. Based on this win for our users, we’re moving all of our apps to the Europe region,” the post quoted TV4 CTO Per Åström as saying.

    The European region, which runs out of Amazon’s Irish data center, comes with all the same features as the U.S. region. Over 60 add-ons are already available for the region, such as Heroku Postgres and ClearDB, and others are on their way. The company has introduced heroku fork to its command-line interface in order to ease the migration of apps from the U.S. region, by copying relevant data and configuration variables.

    Data location

    European data protection laws are more stringent than those in the U.S., so the two parties have set up a Safe Harbor program for American companies whose services involve the handling of EU citizens’ personal data. Heroku still isn’t part of that program, so technically it’s still not kosher to run services for EU citizens on the platform, even though it’s now using an EU data center.

    “Heroku is not yet a registered participant in the Safe Harbor program,” the post read. “We’ve laid the groundwork for becoming Safe Harbor certified and expect to have it soon.

    “The Europe region public beta is designed to let you build high-performance apps for European users. It does not currently address data residency or jurisdiction concerns. You should assume that some portions of your app and its data will be in, or pass through, data centers located in the U.S.”

    Related research and analysis from GigaOM Pro:
    Subscriber content. Sign up for a free trial.

        

  • Symantec: Majority of businesses believe BYOD is ‘worth the risks’

    Not every business embraces BYOD (Bring Your Own Device). The reasons for rejecting it are usually down to security concerns — firms are understandably worried about their data falling into the wrong hands if the device gets lost or stolen once it leaves the building.

    Security specialist Symantec surveyed 236 attendees at this year’s Symantec Vision, its annual user and technical conference held at the MGM Grand in Las Vegas, to find out how companies were handling BYOD, and despite the small sample size the results were interesting:

    59 percent of respondents report that while their employers encourage BYOD, they don’t allow them to run the same productivity apps used on corporate-owned devices.

    42 percent of employees use a personally owned mobile device for business, regardless of company policy.

    83 percent of organizations still allow employees to use personally owned devices (such as mobile phones) for business use.

    While 80 percent of organizations enforce their policies, only 68 percent use technology to do so and 11 percent rely on Human Resources, using an honor system or information supplied by other employees.

    The majority of organizations reported at least one security incident within the past 12 months, including:

    • Lost or stolen devices (60 percent)
    • Spam (60 percent)
    • Malware infections (43 percent)
    • Phishing attacks (40 percent)
    • Exposure of confidential information (19 percent)

    Despite this, Symantec says 70 percent of organizations felt that the benefits of mobility remain “equal to or greater than the risks and challenges associated with having mobile devices”.

    Photo Credit: olly/Shutterstock

  • Get started with BitTorrent Sync

    One of the big advantages of cloud storage is that most services make it easy to use themselves as a tool for effortless syncing of data between computers. Update a file on one device, and it quickly becomes available to everyone else.

    The problem with syncing via the cloud is that you usually have to pay for any meaningful amount of storage space, and that’s before you consider the potential implications of having a copy of your sensitive data stored in the cloud. However tight your cloud provider’s security is, there is always the nagging doubt that your files could be accessed by someone else.

    If you love the idea of syncing – particularly when it comes to huge amounts of data – but want to restrict your files and folders to your own hard drives only, then BitTorrent Sync is shaping up to be the perfect choice. Currently in alpha, it makes the task of sharing or syncing data across multiple computers (including Linux-based NAS drives) as simple, fast and secure as it can be.

    The service is capable of syncing locally using your own personal network, or utilising the internet to sync data remotely, with the data only in the cloud long enough to travel from A to B (or back again). The major drawback, of course, is that your computers need to be switched on and connected for any syncing to take place — with the cloud as an intermediary, this isn’t an issue for the likes of SkyDrive or SugarSync.

    Getting started is easy: with the client installed, create your first shared folder, making a note of the “secret” 32-character code required to sync with that folder from other devices. This is copied to your other devices, pasted into the BitTorrent Sync client there and then the sync connection is made. It’s also possible to generate read-only codes as well as those that expire after a set period for granting others — friends, family or colleagues for instance — limited access to folders.

    You can share as many folders as you like, and sync with as many other devices or people as you like too. Make sure you tweak the client’s preferences should your internet connection grind to a halt — thankfully, like BitTorrent itself, you can put a cap on download and upload transfer speeds.

    One immediate weakness with this first public build is the lack of differential sync — that means if a file is changed on one machine, the entire copy rather than just its changes are synced, which makes the process less efficient than it could be. Nevertheless, BitTorrent hopes to implement differential sync in a future build, which could prove to be the game changer in its favour.

    BitTorrent Sync 1.0.116 is available now as a freeware, but alpha, download for Windows, Mac and Linux. We recommend making separate copies of any files or folders you plan to sync with others in case of possible data loss while the program remains in alpha.

    Photo Credit: olly/Shutterstock

  • T-Mobile Samsung Galaxy S4 arrives in ‘select stores’ from May 8

    Yesterday we informed you that T-Mobile had announced a change of plan concerning its Samsung Galaxy S4 online availability. Due to an “unexpected delay with inventory deliveries”, the US mobile operator revealed that the smartphone will be available online starting Monday, April 29, instead of yesterday, April 24, as was previously planned.

    Because of the delay in inventory deliveries it looks as if T-Mobile customers will also have to wait a tad longer to actually purchase the Galaxy S4 from the mobile operator’s brick and mortar stores.

    Today, on its Twitter account, T-Mobile announced that Samsung’s Android flagship will be available in “select stores” starting May 8 and in “all stores” from May 15. T-Mobile replied to a question asked by a Twitter user concerning the store availability and the full-price of the Galaxy S4.

    For the Galaxy S4, T-Mobile charges $629.99 — customers can pay $149.99 upfront and the rest in 24 $20 monthly payments — which is a bit steep compared to what the mobile operator charges for other high-end smartphones like Apple’s iPhone 5 or HTC’s One. Both the iPhone 5 and the One run for $579.99 at full-price, which is $50 less compared to the Galaxy S4.

  • Deutsche Telekom’s ‘anti-net-neutrality’ plans alarm German government

    Users of Deutsche Telekom’s mobile services are used to the concept of data caps, but its fixed-line customers? Not so much. This is part of the reason why the German government is reportedly upset about the telco’s plans to drop flat-rate pricing for its DSL services – the most alarming part, however, is that Telekom apparently wants to exempt its own services from the cap.

    We’re into classic net neutrality territory here. As the company announced a few days ago, Telekom’s customers will be able to stream films from the carrier’s own T-Entertain service without any problem, but streaming a film from a rival would count towards the cap – effectively meaning Telekom’s caps will discriminate in favor of its own products. And all services, activists argue, should be treated equally on the open internet.

    Concerned citizens have already set up a Change.org petition that has garnered around 30,000 signatures at the time of writing, but now the German government itself has weighed in. This isn’t just a regulatory thing – the government is Telekom’s biggest shareholder, too.

    Der Spiegel claims to have seen a letter from Philip Rösler, the federal economics and technology minister, to Deutsche Telekom chief Rene Obermann, in which Rösler warns that the government and competition regulators will “very carefully follow ongoing developments with regard to a possible differential treatment of [Telekom’s] own and rival services under the aspect of net neutrality.”

    In a statement, Telekom claimed that “net neutrality is partly confused in the debate with a free internet culture” and that “T-Entertain is not a regular internet service, but a television service for which the customers pay separately.”

    “Regular internet services are not subject to discrimination,” Telekom added, while noting that the alternative to introducing the caps would have been to raise the flat-rate tariffs for all customers.

    Discriminatory caps

    Telekom’s proposed changes work like this: customers on the slowest DSL lines (up to 16Mbps) will get capped at 75GB a month; those on up-to-50Mbps plans will face a 200GB cap; an up-to-100Mbps plan will max out at 300GB; and an up-to-200Mbps plan at 400GB. After that, speeds will be throttled to 384Kbps, although customers could also pay extra for more usage at normal speeds. The carrier claims its customers typically use 15-20GB a month.

    On the face of it, these caps do appear reasonable, given the data volumes consumed by the average user, and they are supposedly aimed at stopping people from consuming extremely high data volumes at the standard rate — Telekom says only 3 percent of its customers will be affected. However, as those in the telecoms industry know all too well, data usage is only going one way: up, up, up.

    Ultimately, it’s the principle of the thing that seems to be the problem here. Once you establish a precedent that certain services can be freely used while others cannot, you potentially raise the barriers to entry for new players. After all, with Telekom being Germany’s biggest ISP, would you set up a competitor to T-Entertain once the discriminatory caps are in place?

    Yes, Germans are already used to data caps on mobile, and indeed Telekom itself has a cellular-centric agreement with Spotify that exempts traffic from that service from counting towards caps for customers on certain tariffs. The principle is already broken there. However, the way out of that for a Telekom mobile user who favors a rival to Spotify, is to offload as much traffic as they can onto their home Wi-Fi connection. If they’re also with Telekom for fixed-line services, as many are, now they’re going to face caps there too.

    So, with traffic volumes set to keep on growing on all fronts, it’s not hard to see why many of Telekom’s critics are spoiling for a fight.

    Related research and analysis from GigaOM Pro:
    Subscriber content. Sign up for a free trial.