the technology headlines-amercanex profile
TRANSCRIPT
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sue FOREW
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sue FOREW
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E very startup business comes with its own unique set of challenges. Some of the biggest of them is to find consistent sales opportunities and a loyal customer base. Startup companies have build processes and adhere to a business model, looking to
showcase their best products in the market. Many would agree that the approach required to create a successful startup is more than just capital, it’s comes down to an extremely competent group of professionals and new business ideas. A deeply rooted focus on new technologies always helps, but also important is the skills that make these technologies work. Another important factor contributing to a startup growth is the business ability to understand the market potential of products and a technology setup to continuously keep customers interested.
A �artup �oryDataDog as a cloud infrastructure based company has in many ways rewritten rules of managing a cloud company. One of the fastest growing companies in the New York City, DataDog is now well placed in the cloud market with a reputation of being innovative at all times. Founded in 2010, the company is currently valued at $600 million dollars. It’s not every day that a startup can give you as large a figure like this in only six years of inception. Then, what could have been reason behind the company’s record-breaking success?Breaking down the analysis, we monitored how DataDog has built a culture of innovation within the organization. The company’s main strength lies in providing clients with the toolset through which they can control every aspect of their data-driven business. The company has led clients in their journey to create modern cloud environments. It has proven itself as a technology-focused company, responsible for some of the most innova-tive cloud technologies the US market has ever seen. Datadog was recently recognized as the 9th fastest growing company by Deloitte.But in reality, out of hundreds of companies trying to make a mark in the startup market, only few have the firepower to sustain for a long term. Reports and even experts from across industries have come to the conclusion that around 90 percent of startup fail to convert themselves into a multi-million dollar business venture. Instead, lose out their resource strength and the brightest of ideas to bigger up and coming companies. The Technology Headlines in this issue has attempted to revisit some of the most success-ful startup ideas, and has partnered with some of the fastest growing startups to uncover their secrets to continued success. Our aim is to help companies to look at the startup ecosystem in entirely different ways. In this edition, we are featuring top 20 tech startups that have stood up from the rest in terms of service delivery and business development. Taking cue from their technologies and business models to understand the nitty-gritty of the current startup ecosystem, our mission is to present a unified view of the business strategies that matter most to a startup.
TOP 20 LEADING
A list of Startups that are pioneering the use of innovative business solutions to remove barriers of efficiency in customer’s business processes.
recognized by magazine as
TOP 20 LEADING
Editor-in-CheifCARLOS CHAVEZ
C L O U D COOP
A list of Startups that are pioneering the use of innovative business solutions to remove barriers of efficiency in customer’s business processes.
recognized by magazine as
TOP 20 LEADING
Editor-in-CheifCARLOS CHAVEZ
A M E R C A N E X
THE TECHNOLOGY HEADLINES
TOP 20 LEADING TECHNOLOGY STARTUPS
F E B RUARY 2 0 1 7
AmercanexDenver, Coloradoamercanex.com
Bayes Impa�San Fransico, CAbayesimpact.org
CaramergeChicago, ILcaremerge.com
Purveyor of Online Marketing, Finance and Cash Services for the Cannabis industry
Offers Data services for the government
Offers IT services for the Healthcare sector
Trains War Veterans in Salesforce Consulting
Offers IT services for the Securities and Fintech industries
Offers ERP support services
Provides IT solutions for the recruitment industry
Facilitates secure digital transformation
Offers IT solutions to the Energy Indus-try
C OMpany MAnag ement What I t D o e s
Steve Janjic CEO
Cloud Co-opAustin, TXcloudcoop.io
Consulting Group InternationalNew York, NYconsultinggroupinternational.com
En�ire Partners Inc.Suwanee, GAenspirepartners.com
FILDEl Segundo, CAfildit.com
Fishtech LabsKasnas City, MOfishtechlabs.com
Grid CAustin, TXgrid4c.com
4
Paul Duan Founder & CEO
Asif Khan Founder & CEO
David S . Franklin Founder & CEO
Adnane CharchourPresident & CEO
Tony FordCEO
Nancy SoniFounder & CEO
Gary Fish Founder & CEO
Noa Ruschin RiminiFounder & CEO
F E B R UARY 2 0 1 7
TOP 20 LEADING TECHNOLOGY STARTUPS
TOP 20 LEADING TECHNOLOGY STARTUPS
Offers video surveilance and hosting services through Cloud and Big Data
Hosts Games on Cloud
Offers application integration solutions
Offers Business Analysis Services
Offers video automation services
Offers marketing services
Offers data integation services
Offers IoT services
Offers agile software development servies
Offers booking and marketing software
Provides innovative technology for the music industry
C OMpany MAnag ement What I t D o e s
IronYunSt. Petersburg, FLironyun.com
Liquid Sky So�wareNew York, NYliquidsky.tv
Per�e�iumPerspectium.com
SDN CentralSunnyvale, CAsdxcentral.com
Sherpa Digital MediaRedwood City, CAsherpaDigitalMedia.com
ThuzioNew York, NY thuzio.com
Uni� So�ware San Mateo, CA unifisoftware.com
VeepWorksDallas, TXveepworks.com
VeraticsIndian Harbour Beach, FLveratics.com
Xolaxola.com
Zyazyamusic.com
Paul SunPresident & CEO
Scott John�onCo-Founder
David Loo CEO
Roy ChuaCo-Founder
K.C.WatsonCEO
Jared Augi�ineCEO
J im CarrCo-Founder
Aaron MadoloraFounder & CEO
Tony GalluscioPresident
Scott ZimmermanCEO
Matt Serletic Co-Founder & CEO
P u sh i n g f o r a Cannab i s F r i e n d ly Market
F E BRUARY 2 0 1 7
Amercanex has been able to enter an enormous market which at thistime is projected to be worth over $10 billion.
Even the relatively clean progressive musicians like Frank Zappa and Ian Anderson’s Jethro Tull focused their music upon the budding tastes of the average listener of the time which again was largely influenced by mari-juana. Marijuana also fueled one of the largest cultural events of the 20th century, the ‘hippie movement,’ which ironically also led to the main-stream ban on all psychedelic substances in the 70s. As the smoke cleared, the hippies began to rumi-nate upon the precedents of a failed movement and the resulting blow to the culture that they had developed therein and sought out ways to help bring back the substance that fueled it. But all efforts proved futile. The decades that ensued quickly became synonymous with strict substance control laws that that would be the cause of much debate and an illegal flow of drugs across the nation that has manifested into a huge business of its own. This has given a huge blow to the more ethical application of cannabis which is primarily confined to the field of medicine. However over the past decade or so, the initiative for legali-zation of cannabis has received strong backing from various govern-ment organizations across the United States. This of course led to the sales and possession of cannabis as both a medicinal and recreational drug becoming legal in eight states. This is where the story of Amercanex begins. Trading technology experts
Steve Janjic Adam Martin and Michael Herron in 2014 set out on a mission to help optimize the cannabis industry after realizing the potential it possessed being an untapped market.
Marijuana’s status as a legal substance on state level and not federal level poses many obstacles in terms of banking, payroll and transportation. The need thereby for a fair and open marketplace in the cannabis industry prompted Amercanex to come up with ACE Marketplace an electronic trading platform which allows industry participants to buy and sell product at true market pricing. The ACE Marketplace offers many benefit which include transparent pricing, reporting, RFID plant tracking and traditional “back office” functionalities created to satisfy the compliance rules and regulations currently enforced by the Securities Exchange Commis-sion and Commodity Futures Trading Commission. Users regis-tered with the ACE Marketplace also stand to benefit from quite a number of other tools that are offered by Amercanex for the cannabis market. “The biggest challenge for our members is that today’s software systems do not effectively meet the
annabis for centuries has served many of mankind’s purposes in the
many frontiers upon which our lives revolve. Known by pot, grass, cannabis, weed, hemp, marihuana, ganja, chronic and a myriad of other street names, cannabis’ application has been versatile stretching to a wide range of uses with the most popular one being as a recrea-tional drug. It is estimated that approxi-mately 200 million people worldwide are patrons of cannabis as a recreational drug. This number constitutes to nearly 4 percent of the global population between ages 15 to 64. The entire music scene of the 60s and 70s was influenced heavily by the use of cannabis which of course was what led to the many bands that defined the era like Pink Floyd, The Who, Led Zeppelin and King Crimson.
Steve Janj i c , C E O
PHOTO HERE
A M E R C A N E X
ACE Marketplace
C
TOP 20 LEADING TECHNOLOGY STARTUPS
F E B R UARY 2 0 1 7
statistics indicate a steady rise in the number of states that are joining the movement. As the market expands the competition and the various associated concerns that arise with the rise of supply and demand could lead to various malpractices that are common with most businesses. ACE Marketplace ensures that trade within this industry is run accord-ing to standards and in a fair by leverag-ing the combined experience of the Amer-canex team in all fronts be it technology, law, banking or compliance. The company has many plans lined up for this year. Especially with the recent legalization in California, Amercanex have been able to enter an enormous market which at this time is projected to be worth over $10 billion. This has further motivated the organization to strengthen their strategic partnerships and forge new ones with some of the biggest vendors, manufac-tures and extractors in the cannabis industry.
growing needs, nor will they be able to sustain, the influx of participants and product and transaction volume in the near future,” says CEO, Steve Janjic. ACE Marketplace equips clients with the necessary tools required to effectively conduct all aspects of their unique business. To complement this Amercanex has many services which include ETTAS, ACEPay and ACETrak. ETTAS allows government and local regulators to obtain information and statistics in real-time.Cannabis’ unique position in the socity makes it hard to market on a large scale open forum. ACEPay is the first online cash management system that enables participants to address their banking needs such as depositing cash, paying bills and taxes, and accepting payments both inside and outside the cannabis indus-try. ACETrak deals with compliance to government regulations to conform to the legal standards. ACETrak serves as a seed to sale tracking software with administrative, plant and inventory management, security, compliance and accounting capabilities. Point of Sale (POS), Radio Frequency Identification (RFID) and geo-tracking services included in the ACETrak package enables government regulators to verify and collect taxes. Powered all the aforemen-tioned services ACE Marketplace enables participants to procure banking, tracking, laboratory testing and financial management services through the proper channels while confirming with the government regulations.
With California, Massachusetts, Maine and Nevada recently legalizing marijuana,
The Road Ahead