Tag Archives: data management

Tech Talk: Special Locations; Special Outcomes

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Yes, we understand technology allows business processes to take place today that were never possible before. Yes, we know that people – no doubt about it – are the most important asset in any organization.

But location still plays a factor. And location is a central theme to two recent EchoChamber conversations. The guests: Rich Carlton of Data Realty in South Bend (where tech is thriving on the site of the former auto manufacturing giant Studebaker) and John Hurley of SmartFile and the Union 525 (the scale-up home in Indianapolis that is becoming the centerpiece of innovation and activity).

A few nuggets from each are below. But we encourage you to check out their full conversations.

Carlton

  • Data Realty family of companies is making 40 million calculations a day on data coming in from around the world
  • Talent from Stanford, MIT, Carnegie-Mellon and more now calling South Bend region home
  • Goals include becoming the first company out of South Bend to be valued at $1 billion
  • “If South Bend was a stock, I’d be buying. We’re in the infancy of what we’re going to be able to do.”

Hurley

  • Celebrating its ninth anniversary – “we’re like a grandfather in tech” – SmartFile manages digital content to meet regulatory and compliance standards for 1,400 organizations in 80 countries
  • Hurley loves the “collisions” at Union 525 where “great risk takers and thinkers are all there creating a lot of energy”
  • He is now receiving near daily communication from venture capitalists looking at Indiana and the Midwest. Union 525 is a part of helping to make that happen
  • The next phases of tech development on the southern edge of Indianapolis’ downtown are being formulated

And be sure to check out this week’s new episode featuring Brian Schroeder of Eskenazi Health. The subject is wellness – utilizing workplace wellness as a business strategy and the idea that we can move from treating chronic disease with a pill to utilizing lifestyle medicine.

Subscribe to the EchoChamber via iTunes or wherever you get your podcasts to be sure not to miss out on future guests from the innovation, business, education and political worlds.

Tech Talk: Catching Up on Some Conversations

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Podcast

Two of the focus areas of the Indiana Chamber’s EchoChamber podcast are education and technology. Both take center stage in the early months of 2018.

Two conversations – with Marian University President Dan Elsener and WGU Indiana Chancellor Allison Barber – are available now. Three more to come feature Trine University President Earl Brooks (January 30), Salesforce Marketing Cloud CEO Bob Stutz (date to be scheduled) and South Bend’s Rich Carlton, president and COO of Data Realty (February 27).

Innovation is one of the themes that carries throughout these discussions. Elsener was greeted with a great deal of skepticism when he announced plans to start a medical school at the private Indianapolis university. Its first graduates came in 2017. That is among a variety of initiatives that has Marian well on the way to doubling in size by 2025.

WGU Indiana brought a new online, competency-based approach when it became the state’s eighth public university in 2010. It offers an avenue for working students (80% are employed full time) to advance their skills and earn bachelor’s or master’s degrees. Trine has expanded its academic and athletic offerings, with significant growth both geographically and in enrollment.

Stutz has touted Indiana’s tech environment since his arrival in 2016. Carlton is passionate about data management and community development. We know you will enjoy their insights and getting to know them a little better.

You can listen to all EchoChamber conversations online. Subscribe at iTunes, GooglePlay or wherever you get your podcasts to be notified about the latest episode. Also, please rate and review us on Apple Podcasts.

Does Data and Information Management Seem Too Daunting?

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If so, this new August 22 webinar — presented by Lisa J. Berry-Tayman, Esq., CIPP of Information Consulting — may help.

You may not give much thought to your data management. It’s an IT issue, right? Well, no. As the decision-maker, it is your job to determine how to manage the massive amounts of information accumulated by your business, from personnel records to financial information to inspection/structural documents and everything in between. The amount of data we have created and consumed has more than doubled annually over the past five years. This data, if not properly maintained, used, preserved and disposed of can cost your company millions in fines, litigation and lost work:

In 2012, an Indiana organization experienced a breach involving 20,000 records. At an average cost of $214 per record compromised, this breach cost the company over $4,000,000.

In a recent criminal action, the U.S. Dept. of Justice initiated charges against an employee for deliberately deleting 100 text messages between him and his supervisor in response to a possible litigation connection; that employee faces up to 20 years in prison and a fine of $250,000.

According to a recent Gartner study, the average organization loses $8.2 million annually because employees lack the necessary information to effectively perform on the job.

Improper information control by an organization can be more costly and reputation-damaging than a human resources claim. Don’t put your company at risk – register today.