More than 350 participants and dozens of companies are taking part in this weekend's 24-hour AT&T Internet of Things Civic Hackathon. AT&T Indiana President Bill Soards says teams will have 24 hours to develop IoT technology designed to "energize Indiana's economy." He says the event at Launch Fishers will marry Indiana's legacy economy of agriculture, manufacturing and logistics with the state's rapidly-growing tech strength. Participants will be competing for $10,000 in cash and prizes.
This year's turnout is nearly double that of last year, when teams worked to develop devices to help combat Indiana's meth problem. This year, Soards says the event will focus on advancing the industries that have been the strengths of Indiana's economy for 200 years by connecting devices that haven't been connected historically.
Representatives from 50 companies that are part of Indiana's growing Internet of Things space will serve as onsite mentors to help teams with their projects. Award categories include Best IoT App Overall, Best Agriculture Innovation, Best Manufacturing Innovation, Best Transportation/Logistics Innovation and Best Smart City Hack. Companies taking part include Salesforce Inc. (NYSE: CRM), Angie's List Inc. (NYSE: ANGI) and California-based Genesys, which recently acquired Indianapolis-based Interactive Intelligence Inc. (Nasdaq: ININ).
The event begins Friday evening with speakers including Governor Eric Holcomb, Senator Todd Young and representatives from organizations including the Indiana Manufacturers Association, AgriNovus and Conexus Indiana. Three-minute presentations by teams to describe their applications will begin Saturday evening at 6:00.
By Abby VanDerHeyden Financial Planner, Bedel Financial Consulting Inc.
You lose something of value and your first question is "is it covered?" Insurance policies provide a limited amount for such losses, but generally not enough to cover expensive items. To be fully reimbursed, what do you do? When you purchase a standard homeowners or renters insurance policy, you assume all your personal property is fully protected in the event of a loss. That’s not necessarily true. Items of significant value, as well as any exclusive...
Three communities top a national list of Cities with the Lowest Cost of Living in America. Niche.com, a site that focuses on public data on schools and neighborhoods, ranks four Indiana cities in the top 20. The site bases the rankings on factors including consumer price index and access to affordable housing, using data from the U.S. Census and the Bureau of Labor Statistics. You can see the full rankings by clicking here. The top 20 are...
Indianapolis-based Eli Lilly and Co. (NYSE: LLY) has announced plans to invest $72 million in an insulin manufacturing project at one of its Indianapolis facilities. The company says the investment will replace an existing insulin vial filling line and allow it to meet growing demand for its insulin products. The project is part of the $850 million in U.S. investments that Lilly announced in March. Chief Executive Officer David Ricks says the move...
California-based Technicolor Inc. says it will close its office on the north side of Indianapolis by the end of the year. In a notice to the state, the company says the closure will leave 95 employees out of work.
Indianapolis has landed another win in what has been a busy week for the city's burgeoning tech industry. Software company myCOI has announced plans to expand its Indianapolis headquarters and create up to 185 jobs by 2021. The company, whose platform tracks and manages certificates of insurance, won last year's Venture Club of Indiana Innovation Showcase. Its clients include Caterpillar Inc. (NYSE: CAT), Cushman and Wakefield and the Indianapolis Motor Speedway.
Indianapolis-based Team 360 Services has announced expansion plans that could result in nearly 140 jobs over the next two years. The fire protection and building services company currently employs more than 300, the majority of which are in Indianapolis. During an interview in March on Inside INdiana Business Television, Chief Executive Officer Michael Crafton talked about how a "bro hug" after a night out in Indianapolis helped launch Team 360 a decade ago.