On Monday, April 25, GigTown, a free mobile app that allows you to discover local musicians, follow musicians’ upcoming shows and instantaneously book artists for gigs, is throwing a free private concert to celebrate Local Music Appreciation Day and thank those who have supported GigTown since its launch in San Diego last year. Teaming up with Grammy Award-winning rock band, Switchfoot, GigTown is inviting local musicians to attend the party, listen to live music and mingle with fellow artists at the Music Box.
“The local artist community has a multitude of great talent and there’s no better way to celebrate the artistry that lives here than with an awesome party where the music community can connect and come together under one roof,” said Andy Altman, Co-Founder, CEO and Grand Poobah of GigTown. “We are appreciative of the immense encouragement we’ve received thus far and this is simply our way of thanking local musicians for supporting GigTown and each other with an evening of fun, dancing and some of San Diego’s finest craft beer.”
Switchfoot began its highly successful music career in San Diego during the 1990s and is excited for the opportunity to engage and stimulate the city’s local music scene. “We are so grateful to be a part of the San Diego music scene – there is no other place with such an eclectic and supportive music community,” said Switchfoot drummer and co-founder, Chad Butler.
The lineup at San Diego’s inaugural Local Music Appreciation Day also includes singer-songwriters Ryan Hiller and Tyson Motsenbocker. Local GigTown artists over the age of 21 are invited and allowed to bring one guest. Artists will need to fill out a form to get on the list for admission as it will be on a first come, first serve basis. Doors open at 7 p.m.
GigTown is the ultimate hub where local music lives and helps to put local music in the palm of your hands. Features of the app include discovering upcoming shows in your area, finding music venues you never knew existed, listening to original songs, and checking in to shows – for each check in, GigTown tips artists five dollars. For venue managers, GigTown makes it simple to post a gig and find talent in as little as one hour.
“GigTown is a unique platform that allows musicians, venues and consumers to each have a win-win-win opportunity – it’s todays one-stop shop for local music,” said Altman. “We are grateful to have experienced an influx of downloads and sign-ups within the first year of business and look forward to continuing to host Local Music Appreciation Day in San Diego and in our other markets.”
For more information on GigTown’s Local Music Appreciation Day, please visit gigtown.com/appreciatesd.
To download and sign up for Gigtown on iOS and Android devices, please visit the App Store and Google Play. For more information on GigTown, please visit www.gigtown.com.
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About GigTown:
GigTown is an all-in-one, local music app that allows users to discover local musicians, post a gig to book live music, listen to original songs by your local musicians and more – it truly is a revolutionary platform that supports all avenues of the local music scene. The San Diego-based music technology startup launched in January 2015 by Andy and Steve Altman (former President and Vice Chairman of Qualcomm). The free app, currently available in San Diego, Los Angeles, Seattle, Portland, Austin and New York City, is customized to meet the personalized needs of artists, consumers and venues around town. Easily downloadable and available on iOS and Android devices, GigTown is equipped with unique features and is a place for people to plug-in to local music, anywhere and anytime. The GigTown team has plans to launch in new cities as it continues to grow and is passionate about creating the most optimal music platform for local communities across the nation.
CONNECT Receives $50,000 Grant from the Small Business Administration
Press ReleaseCONNECT, a premier innovation company accelerator in San Diego that creates and scales companies in the technology and life sciences sectors, was selected as a winner of a $50,000 prize in the third annual the Growth Accelerator Fund Competition from the SBA and its agency partners, the National Institutes of Health, National Science Foundation, and Department of Education. A total of $3.4 million in prizes was awarded to 68 accelerators across country. Winners of this year’s contest were chosen by more than 100 experts with entrepreneurial, investment, startup, economic development, capital formation, and academic backgrounds.
“CONNECT is honored to be one of the 68 winners of the SBA’s Growth Accelerator Fund Competition,” said Greg McKee, CEO of CONNECT. “This grant will enable us to better serve San Diego’s entrepreneurs in our Springboard Accelerator Program and help entrepreneurs garner more funding to grow their companies. We are truly grateful to Administrator Contreras-Sweet for her continued commitment to San Diego’s startups, ensuring that our city remains a global hub for innovation long into the future.”
The funds will be used to support SBIR/STTR eligible researchers and entrepreneurs through CONNECT’s Springboard Accelerator Program. CONNECT will use these funds to increase awareness and understanding of SBIR/STTR funding programs, as well as to provide assistance and support for local entrepreneurs, researchers, and mentors who are commercializing technologies qualified for SBIR/STTR programs.
“We are so excited to have CONNECT, a local non-profit that helps create jobs and opportunities for our local community, receive this prestigious award,” said Ruben Garcia, the SBA’s district director for San Diego. “This grant will help foster the expansion of innovative local businesses and the continued growth of the San Diego economy.”
Read more about the selection process and the Growth Accelerator Fund Competition winners here.
About CONNECT
CONNECT is a premier innovation company accelerator in San Diego that creates and scales great companies in the technology and life sciences sectors. By creating an environment in which entrepreneurs and C-suite executives have access to the people, capital, and technology resources they need for success, CONNECT has assisted in the formation and development of more than 3,000 companies since 1985. Widely regarded as one of the world’s most successful organizations linking entrepreneurs and C-suite executives with the resources they need for the commercialization of innovative products and services; our program has been modeled in more than 50 regions around the world.
CONNECT Partners with DeskHub to Launch CONNECT DT @ DeskHub
Press ReleaseSAN DIEGO (August 25, 2016) – CONNECT, a premier innovation company accelerator in San Diego that creates and scales companies in the technology and life sciences sectors, announced today that it will begin offering its programming at DeskHub, a collaborative workspace for entrepreneurs, creators and innovators that encourages social interaction and community building, in Little Italy to provide greater access and support for entrepreneurs in San Diego. The CONNECT expansion, to be known as CONNECT DT @ DeskHub, will begin facilitating the Springboard Accelerator Program in the downtown location immediately.
“Data from the San Diego Innovation Report has shown that over the last three years, downtown has become a growing hub for tech startups,” said Greg McKee, CEO of CONNECT. “DeskHub is the ideal partner for this initiative, as we have a shared vision for the future of San Diego’s innovation economy. CONNNECT DT represents a unique opportunity to collaborate with our partners downtown in building a more innovative San Diego.”
CONNECT DT will have a permanent presence at DeskHub and will begin accepting startups and conducting Springboard panels in the fall. H. Puentes, Director of Recruitment & Outreach, has been selected to lead CONNECT DT which will also feature additional programing for startups including FrameWorks Workshops and Small Talks, as well as monthly networking events.
“We’re thrilled to partner with CONNECT to provide a resource for our startups and small businesses,” said Jay Chernikoff, Founder & CEO of DeskHub. “DeskHub is committed to supporting entrepreneurs with an affordable and collaborative environment that allows them to get up and going at Bombtech Golf immediately. Downtown San Diego is full of entrepreneurs and by partnering with CONNECT, DeskHub is well-positioned to offer them the tools they need to succeed.”
DeskHub is committed to supporting local communities through programming, office resources and philanthropy. DeskHub hosts various local networking events including speaker series, pop-up retail and café events and night markets with local vendors. These events are for members as well as the community at large.
For more information on CONNECT DT or to apply to the Springboard Accelerator Program, please contact the CONNECT Springboard Accelerator Program team at [email protected] or apply online at http://www.connect.org/entrepreneur-experience.
For more information on DeskHub San Diego or to become a DeskHub member, please email [email protected] or visit http://deskhub.com/san-diego. To see photos of the new DeskHub space, follow this link – http://bit.ly/2bBqfYc.
About CONNECT
CONNECT is a premier innovation company accelerator in San Diego that creates and scales great companies in the technology and life sciences sectors. By creating an environment in which entrepreneurs and C-suite executives have access to the people, capital, and technology resources they need for success, CONNECT has assisted in the formation and development of more than 3,000 companies since 1985. Widely regarded as one of the world’s most successful organizations linking entrepreneurs and C-suite executives with the resources they need for the commercialization of innovative products and services; our program has been modeled in more than 50 regions around the world.
About DeskHub
DeskHub is committed to being the premier network of shared entrepreneurial workspaces in the country. You don’t need to be part of a large company to reap the rewards of collaboration, networking and synergy. You just need the right space and the right people!
AristaMD Secures $11 Million Series A Financing
Press ReleaseDigital Health Company to Enhance Functionality, Accelerate Commercialization of Referral Intelligence Platform
SAN DIEGO, July 21, 2016 – Arista MD, a technology-enabled service company providing eConsults and a suite of related specialist referral support tools, announced today it completed $11 million in financing. The Series A round was led by Avalon Ventures with participation from Correlation Ventures. The proceeds will be used to accelerate commercialization and further enhance functionality of the company’s proprietary Referral Intelligence Platform.
As many as 60 percent of specialist visits are routine consults that do not require an in-person visit. , Unnecessary care results in $10 billion annually in costs, causes delays in care planning and exacerbates access challenges for the most vulnerable patients. AristaMD’s Referral Intelligence Platform is designed to significantly reduce these costs and improve access to specialist care by facilitating rapid collaboration between primary care providers and specialists. The Referral Intelligence Platform includes a two-part process that consists of comprehensive referral work-up checklists licensed exclusively from the University of California, San Francisco (UCSF), and a simple, effective electronic consult (eConsult) platform. The AristaMD solution is proven to reduce overall specialist visits by 30 percent or more while also reducing ER visits and hospital admissions.
“We’re thrilled that Avalon and Correlation share our vision to provide a solution that optimizes referrals in today’s era of value-based healthcare,” said Rebecca Cofinas, president and CEO of AristaMD. “Our investors’ proven track record of success with building transformational companies is instrumental for our continued growth and success.”
AristaMD’s clients range from small rural providers to large county health systems in urban environments. The Referral Intelligence Platform has been designed to be flexible to fit each individual client’s workflow, technology, and clinical needs.
“The AristaMD platform is the most comprehensive solution in the market,” Cofinas said. “Our platform saves the average provider years of precious time and resources by providing a strong foundation that can still be tailored for each unique environment.”
“Referrals to medical specialists have nearly doubled over the last decade, and that figure is set to double again in the next five years,” said Jay Lichter, Ph.D., managing director at Avalon Ventures and chairman of the board at AristaMD. “AristaMD’s Referral Intelligence Platform is a unique and innovative solution designed to improve appropriate patient access and significantly reduce costs. We are pleased to support AristaMD’s top-notch team as they continue their drive to the next level of growth and commercial success.”
About Arista MD
AristaMD is a digital health company focused on assisting primary care providers in offering expanded specialty care through high-impact tools and solutions to reduce unnecessary referrals. Designed by practicing physicians, the AristaMD Referral Intelligence Platform combines clinical guidelines developed at UCSF, specialist eConsults and robust data collection and reporting into one easy-to-use software platform that is interoperable with core EMRs. AristaMD partners with clients to use the company’s platform for their own specialists or can directly provide eConsults through its comprehensive panel of board-certified specialists. AristaMD is at the forefront of designing exceptional tools to enable physicians to collaborate, promoting efficiency and optimal clinical care.
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MEDIA CONTACT:
Betsy Merryman
Merryman Communications
[email protected]
310-560-8176
MeetnGreet Releases New App to Help San Diego Transplants Make New Friends
Press ReleaseMeetnGreet helps you start new connections so that you can find your new crew. Whether you want to go out for drinks on a Saturday night, or just don’t feel like trying a new restaurant alone, MeetnGreet shows you people who share similar interests and are close enough to join you on your adventures. MeetnGreet’s open forum feature is also the easiest way to connect and talk with local people about the things that matter to you.
The app is completely FREE! Users sign up as an individual or couple, and each person will have the opportunity to build a profile. The matching engine then calculates the user(s)’s best Connections. The App allows users to chat with their Connections directly and/or engage with the MeetnGreet community via the open Forum. The Forum is also a great place for new San Diegans to find out what events are happening around town, read local recommendations, and ask other SD people for help figuring out this sunny town. Users can get invited out by others to do things that match their interests, or they can set up meetngreets (get togethers) with their Connections.
Unlike other social apps, MeetnGreet does not try to connect you with people you already know, however vaguely, nor does it require people to join a certain group to find out information about events. Instead, MeetnGreet is primarily for making new connections and getting out around the local community.
Other reasons that people use this app include: changes in location within SD, changes in life stage, changes in marital/relationship status, new or existing interests not matching with existing friendships.
MeetnGreet is a company based on the belief that friendships enhance the quality of life. MeetnGreet is a San Diego startup that launched in January 2015. It was founded by a Southern California couple that is on a mission to connect people and promote face-to-face interactions. MeetnGreet has been available as a website since the company’s launch.
MeetnGreet is available for free on the App Store and requires iOS 9.2 or later. It is compatible
with iPhone, iPad, and iPod touch. MeetnGreet is also available on Google Play and requires Android 4.1 and up.
App Store Link: https://appsto.re/us/7fmJbb.i Google Play: https://goo.gl/DEGqSW
If you would like further information about MeetnGreet and/or photos and screenshots, please contact:
Shannan Yucel
Phone: 31022669605
Email: [email protected]
Website: www.meetngreet.com
*State of California, Department of Finance, E1 Population Estimates for Cities, Counties and the State with Annual Percent Change — January 1, 2014 and 2015.Sacramento, California, May 2015.
CONNECT Announces Opening of 29th Annual Most Innovative New Product (MIP) Awards
Press ReleaseInnovative companies encouraged to submit in the thirteen competition categories from May 1 through September 1
CONNECT, a premier innovation company accelerator in San Diego that creates and scales great companies in the technology and life sciences sectors, announced today that nominations will open for the annual Most Innovative New Product (MIP) Awards on May 1. The MIP Awards is a CONNECT signature event, held annually in December, honoring the celebrities of innovation along with groundbreaking new products launched within the past year.
“In the past few years we’ve seen a proliferation of new types of products and new sectors under development in San Diego’s thriving innovation community,” said Greg McKee, CEO of CONNECT. “To reflect this growth, we’ve expanded our categories of innovation awards and the criteria for this year’s Most Innovative New Product Awards to ensure that we are showcasing the broadest spectrum of cutting-edge new products in life sciences and technology. Expanding MIP in this manner further serves our mission by providing an excellent competition and visibility for the companies and products who enter MIP.”
Both the categories and the judging criteria have been updated for the 2016 Most Innovative New Product Awards this year. Nominations will be accepted in the following thirteen categories: Bluetech; Cleantech, Sustainability, & Energy; Cyber Security; Defense, Aerospace, & Transportation; Information Communication Technologies; Life Science Diagnostics & Research Tools; Life Science Products – Clinical Stage; Medical Devices; Mobile Apps http://adl-usa.com/; Pharmaceutical Drugs & Biologic Therapies; Robotics & Unmanned Vehicles; Software & Digital Media; and Sport & Active Life Style Technologies. Winners will be announced at the awards ceremony dinner on December 1, 2016 at the Hyatt Regency La Jolla at Aventine.
The new eligibility requirements are as follows:
– The product must have been first introduced after January 1, 2014 and never before selected as an MIP Award finalist.
– The product must have generated revenue from sales (exception for free mobile apps and companies submitting for the Life Science Products – Clinical Stage category).
– If selected as a Semi-Finalist, a senior company representative must attend and present at the Final Judging Panel (October 2016 TBA).
– If selected as a Finalist, a senior company representative must attend the awards dinner on December 1, 2016.
For more information or to submit a nomination online, please visit the CONNECT event page for MIP Submissions after May 1.
ABOUT CONNECT
CONNECT is a premier innovation company accelerator in San Diego that creates and scales great companies in the technology and life sciences sectors. By creating an environment in which entrepreneurs and C-suite executives have access to the people, capital, and technology resources they need for success, CONNECT has assisted in the formation and development of more than 3,000 companies since 1985. Widely regarded as one of the world’s most successful organizations linking entrepreneurs and C-suite executives with the resources they need for the commercialization of innovative products and services; our program has been modeled in more than 50 regions around the world.
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San Diego AMA Offers Content Marketing Bootcamp
Press ReleaseThe San Diego Chapter of the American Marketing Association is pleased to announce its partnership with San Diego digital brand agency Elevator and inbound marketing and sales platform developer Hubspot to deliver a one-of-a-kind Content Marketing Bootcamp June 2-3, 2016.
This exclusive workshop is limited to the first 50 registrants. Over the course of two full days attendees will learn through educational lectures and group breakouts covering customer personas and journeys, content & campaign strategy, development, measurement and optimization, and tools and technology. The sessions provide participants a unique opportunity to develop specific, actionable content marketing plans.
“The Content Marketing Bootcamp is a perfect representation of the value San Diego AMA brings its members and the broader San Diego marketing community,” said San Diego AMA president David Palmer. “Content is one of the hottest topics in marketing, and through this event we’re providing attendees a practical and cost-effective way to build their content marketing strategy and walk away with a complete, executable plan.”
This workshop is perfect for content marketers, The Florida Maids of Orlando managers and directors from B2B and B2C brands wanting to drive more qualified leads online. Attendees will improve their ability to develop an effective content marketing plan that aligns with marketing objectives and delivers stellar results by driving awareness, engagement, traffic and leads.
“Recent studies show that marketers are more concerned with, and responsible for, revenue generation than ever,” Palmer said. “The planners of this event acknowledge the importance producing and measuring results and our agenda reflects this trend.”
The Content Marketing Bootcamp will be led by Elevator president Frank Cowell and Hubspot channel account manager Dan Vivian. The workshop is the culmination of a four-event Content series with previous sessions providing attendees a basic understanding of Buyer Personas, Content Development and Content Distribution.
CONNECT Recognizes Drs. Magda Marquet & François Ferré, Renowned San Diego Innovators, at Entrepreneur Hall of Fame Award Gala
Press Release“We celebrate entrepreneurs that are committed to improving our world, starting right here in San Diego,” said Greg McKee, CEO of CONNECT. “The awards presented last night recognize entrepreneurs that not only have developed amazing products and started iconic companies, but who are committed to investing in the community around them and have innate drive to make the world a better place.”
Dr. Diego Miralles, president of Adaptive Therapeutics, was selected as this year’s recipient of the CONNECT Duane Roth Distinguished Contribution Award for Life Science Innovation. Miralles joined Johnson & Johnson’s Tibotec group in 2005 and helped develop several HIV fighting drugs. Upon moving to San Diego in 2008 to head J&J’s Janssen research and development site in La Jolla, Miralles founded the innovation leading JLABs startup accelerator the same year.
Brad Feldmann, president and Chief Executive Officer of Cubic Corporation, is this year’s recipient of the CONNECT Duane Roth Distinguished Contribution Award for Technology Innovation. Feldmann has contributed to the San Diego technology community and the advancement of technology around the globe by leading several major innovation initiatives such as the implementation of IdeaSpark and HALO Array.
Finally, the co-chairs of Althea Technologies, Drs. Magda Marquet, Ph.D, and François Ferré, Ph.D, were inducted as the fourteenth and fifteenth members of the CONNECT Entrepreneur Hall of Fame. The husband and wife duo were honored for their extensive contributions within San Diego’s research, healthcare and entrepreneur industries.
An Innovation Showcase was also held prior to the event to spotlight the various companies and organizations that Magda and François support, including Althea, AltheaDx, Biomatrica, Independa, Jiyo, Mesa Verde Venture Partners, MD Revolution, Portable Genomics, Senté and UC San Diego Moores Cancer Center.
320 people attended the annual signature event, held at the Estancia La Jolla Hotel & Spa.
GigTown and Switchfoot to Host Private Concert for Local Music Appreciation Day at the Music Box on Monday, April 25
Press ReleaseOn Monday, April 25, GigTown, a free mobile app that allows you to discover local musicians, follow musicians’ upcoming shows and instantaneously book artists for gigs, is throwing a free private concert to celebrate Local Music Appreciation Day and thank those who have supported GigTown since its launch in San Diego last year. Teaming up with Grammy Award-winning rock band, Switchfoot, GigTown is inviting local musicians to attend the party, listen to live music and mingle with fellow artists at the Music Box.
“The local artist community has a multitude of great talent and there’s no better way to celebrate the artistry that lives here than with an awesome party where the music community can connect and come together under one roof,” said Andy Altman, Co-Founder, CEO and Grand Poobah of GigTown. “We are appreciative of the immense encouragement we’ve received thus far and this is simply our way of thanking local musicians for supporting GigTown and each other with an evening of fun, dancing and some of San Diego’s finest craft beer.”
Switchfoot began its highly successful music career in San Diego during the 1990s and is excited for the opportunity to engage and stimulate the city’s local music scene. “We are so grateful to be a part of the San Diego music scene – there is no other place with such an eclectic and supportive music community,” said Switchfoot drummer and co-founder, Chad Butler.
The lineup at San Diego’s inaugural Local Music Appreciation Day also includes singer-songwriters Ryan Hiller and Tyson Motsenbocker. Local GigTown artists over the age of 21 are invited and allowed to bring one guest. Artists will need to fill out a form to get on the list for admission as it will be on a first come, first serve basis. Doors open at 7 p.m.
GigTown is the ultimate hub where local music lives and helps to put local music in the palm of your hands. Features of the app include discovering upcoming shows in your area, finding music venues you never knew existed, listening to original songs, and checking in to shows – for each check in, GigTown tips artists five dollars. For venue managers, GigTown makes it simple to post a gig and find talent in as little as one hour.
“GigTown is a unique platform that allows musicians, venues and consumers to each have a win-win-win opportunity – it’s todays one-stop shop for local music,” said Altman. “We are grateful to have experienced an influx of downloads and sign-ups within the first year of business and look forward to continuing to host Local Music Appreciation Day in San Diego and in our other markets.”
For more information on GigTown’s Local Music Appreciation Day, please visit gigtown.com/appreciatesd.
To download and sign up for Gigtown on iOS and Android devices, please visit the App Store and Google Play. For more information on GigTown, please visit www.gigtown.com.
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About GigTown:
GigTown is an all-in-one, local music app that allows users to discover local musicians, post a gig to book live music, listen to original songs by your local musicians and more – it truly is a revolutionary platform that supports all avenues of the local music scene. The San Diego-based music technology startup launched in January 2015 by Andy and Steve Altman (former President and Vice Chairman of Qualcomm). The free app, currently available in San Diego, Los Angeles, Seattle, Portland, Austin and New York City, is customized to meet the personalized needs of artists, consumers and venues around town. Easily downloadable and available on iOS and Android devices, GigTown is equipped with unique features and is a place for people to plug-in to local music, anywhere and anytime. The GigTown team has plans to launch in new cities as it continues to grow and is passionate about creating the most optimal music platform for local communities across the nation.
FitPod Partners with CleanBottle™ to Create First Reusable Water Bottle with Cartridges
Press Release“I designed FitPod after scouring the market for an easy, mess-free way to enjoy my workout supplements while on-the-go; I couldn’t find anything that truly fit my needs and FitPod was born,” said Josh Hall, CEO and co-founder of FitPod. “At the time, I was active duty military and spending a good deal of time outdoors and away from home – FitPod would have been the perfect solution to staying hydrated and also having an easier way to enjoy my pre-workout shake.”
Coming with two different cartridge types, The Multi-Shot™ and The One-Shot™, the FitPod can be used with virtually any type of liquid or powder that is meant to dissolve in water. The Multi-Shot Cartridge (1 oz.) is best used with liquid water enhancers and powdered supplements for all day hydration. One can dispense the enhancers in small amounts whenever squeezed, and infuse the same drink up to 10 times a day with just one cartridge. The One-Shot Cartridge (2 oz.) is best used for larger protein and workout-related supplements; the entire cartridge is dispensed when squeezed.
The FitPod is easy to clean, dishwasher safe, leak-proof, cupholder-friendly, and 100% BPA free. For more information, visit the brand’s Kickstarter page.
About FitPod:
FitPod is the first reusable water bottle that allows users to enjoy their favorite supplements on-the-go by utilizing reusable cartridges. Using CleanBottle technology for its eco-friendly, convenient, and hygienic design, FitPod’s cartridges are compatible with pre-workout supplements, electrolyte supplements, liquid water enhancers of all kinds, protein powder, and more. Using the world’s best sports bottle is simple: fill the reusable cartridge with your favorite supplements or water enhancers, load the cartridge to the FitPod, squeeze and enjoy!
Free Book Chapter Preview, “The Case for Managed Services,” Available for Download Online
Press ReleaseSAN DIEGO, March 22, 2016 – The Technology Services Industry Association (TSIA), the leading association for today’s technology and services organizations, has released another chapter preview of its upcoming book, Technology-as-a-Service Playbook: How to Grow a Profitable Subscription Business, due to publish this May. Chapter 9 of the new book, called “The Case for Managed Services,” discusses how standing up a managed services (MS) business can be a gateway for technology companies to enter into the XaaS (X-as-a-Service) marketplace.
Technology-as-a-Service Playbook: How to Grow a Profitable Subscription Business, by TSIA executives Thomas Lah and J.B. Wood, was written to provide technology companies with the industry background, frameworks, and action plan they need to grow and scale a profitable technology-as-a-service (XaaS) business. Chapter 9 of the book, “The Case for Managed Services,” details the growing need for technology companies to add a managed services offer to their portfolio, and how managed XaaS offers a stepping stone for companies migrating from a legacy business model to the cloud with the added benefit of creating a profitable new revenue stream.
“Managed services is the fastest growing service line in the technology industry,” said co-author and executive director of TSIA, Thomas Lah. “There is an immense opportunity for companies to grow their service revenue by adding a managed XaaS offer into their portfolio, and it shouldn’t be ignored.”
This chapter provides readers with a background of the trends occurring within the technology industry that are driving the need for managed services, which includes the increased demand for service-based consumption models, also known as X-as-a-Service (XaaS). With changing customer preferences for how they want to consume technology coupled with new expectations of their suppliers to provide business outcomes rather than simply technology solutions, “The Case for Managed Services,” encourages technology companies to invest in managed services offers as part of their portfolio.
“The cloud is deeply intertwined in managed services right now,” said VP of managed services for TSIA, George Humphrey. “With more companies switching to cloud business models, if your company doesn’t already have a managed XaaS offer, you’re already falling behind the majority of the industry.”
Chapter 9 of Technology-as-a-Service Playbook: How to Grow a Profitable Subscription Business, “The Case for Managed Services,” is available for download on the TSIA website at http://info.tsia.com/chapter-preview-the-case-for-managed-services-and-xaas-offers. For more information about other books by TSIA, visit https://tsia.com/research/books-by-tsia.html.
About TSIA
The Technology Services Industry Association (TSIA) is the world’s leading organization dedicated to advancing the business of technology and services. Technology services organizations large and small look to TSIA for world-class business frameworks, best practices based on real-world results, detailed performance benchmarking, exceptional peer networking opportunities, and high-profile certification and awards programs. TSIA corporate members represent the world’s top technology companies as well as scores of innovative small and mid-size businesses in four major markets: enterprise IT and telecom, consumer technology, healthcare and healthcare IT, and industrial equipment and technology. TSIA’s editorial blog, Inside Technology Services, is widely recognized by technology service professionals for providing thought leadership and insights into industry trends and best practices. Visit us at www.tsia.com, follow us on Twitter @TSIACommunity, or connect with us on LinkedIn and Google +.
TSIA Media Contact:
Trisha Bright
Vice President, Marketing
858-674-5491
[email protected]