Detroit isn’t exactly known as a tech hub. But some people and organizations are looking to change that. One such organization is TechTown Detroit, a non-profit business incubator located in an old General Motors factory in the city’s Midtown neighborhood. The TechTown Detroit building is a five-story building currently playing host to about 40 small businesses. And the organization is ... Read More »
Imagine this: your aging father just had a heart attack, and since you live clear across the country, you’re worried about how he’s going to cope on his own. Wouldn’t it be great if your father’s medical team could remotely monitor his cardiac symptoms using a device similar to a FitBit? Should anything be amiss with your father’s heart, his ... Read More »
If you read the business press, you probably think the answer is yes. The popular media is full of stories about start-ups like Facebook, Groupon, Instagram, Linkedin, Snapchat, Twitter, WhatsApp, Yelp, and Zinga. American entrepreneurs are starting high tech companies at a feverish pace, the media experts say. Perhaps you shouldn’t believe everything you read in the popular press. Careful ... Read More »
Why don’t inexperienced entrepreneurs with high tech business ideas sell those ideas to existing companies with the knowhow and resources to exploit them successfully? Since companies like Apple and Cisco have shown their skill at bringing new products to market successfully, having them exploit entrepreneurs’ new product ideas should leave everyone better off. Nobel Prize-winning economist Kenneth Arrow explained why ... Read More »
In-Stat MDR has a study showing that the U.S. small business market will spend over $170 billion on information technology in 2004, an increase of more than 5% compared to expenditures in 2003. According to In-Stat MDR: “Although individual firms’ IT budgets are relatively small, customers in this market represent a tremendous opportunity for IT providers. Telecom, applications and LAN ... Read More »
As we gear up for the holidays, we ultimately start thinking of what to get people. Whether you are traveling for the holidays, are one of those people who have a hard time making a holiday gift list or you’re doing some holiday shopping for the businessperson who seems to have it all, there are many new gadgets available. The ... Read More »
Though it’s not a fun thing to discuss, incontinence is a fairly common issue for people above a certain age. For now, most people who experience it have to deal with adult diapers or opt for surgery. But very soon, technology might be able to provide a better way for people to deal with incontinence. Lir Scientific is the company ... Read More »
So, you have the entrepreneurial spirit but not a lot of tech know-how? Despite all of the high-tech startups that have popped up in recent years, there are still plenty of small business options out there that don’t require you to know the difference between CSS and QR codes. Below are low tech business ideas you can start this year. Editor’s ... Read More »
Sixty-nine percent of small and medium-sized businesses are devoting part of their IT budget for 2016 to newer and emerging technologies. These include technologies like 3D printers and wearable devices, as well as dashboard and data visualization software applications. The stat comes from a new survey-based whitepaper by technology company Insight Enterprises Inc. (NASDAQ: NSIT). That figure raises to three in ... Read More »
One of the stories somewhat lost in the headlines earlier this month, is that of an impressive comeback. After almost two years of lagging performance, Samsung operating profits rose 80 percent during the last quarter over the same time last year. Reuters reports much of the cause of declining profits was due to losing part of the smartphone market share to Apple. While ... Read More »
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