Chicago-based NuCurrent, which develops antennas for wireless technology like phone chargers, has appointed Tim Tumilty its new vice president of sales and marketing, the company announced Wednesday. Tumilty, who has 25 years of experience in semiconductor and electronic industries, will be responsible for leading NuCurrent’s commercialization efforts, which includes ramping up sales of their product. According to his […]
January 24, 2018
By Tina Wink
The last few months have been exciting for those interested in the advancement of virtual reality technology. Two leading headsets (the Oculus Rift and HTC Vive) saw permanent price cuts, following reported sales jumps from the Rift’s temporary price cut this summer. Now, both devices are significantly less expensive than the newest iPhone, meaning that the technology is […]
January 24, 2018
By Tina Wink
For Midwest tech exits, at least, 2017 was a very good year. VentureBeat reports that Hyde Park Angels, using data from Pitchbook, Mattermark and other sources, turned up some eye-popping numbers among the biggest disclosed exits of 2016 and 2017 in what the publication considers the Midwest: Illinois, Indiana, Michigan, Minnesota, Ohio, and Wisconsin. In 2016, […]
January 23, 2018
By Tina Wink
Chicago-based tech companies Groupon and ParkWhiz have partnered up to make redeeming a Groupon and finding a place to park while you do it much simpler. The Groupon app now allows users to find and pay for a ParkWhiz parking spot, a move that shows how Groupon is positioning itself to be a platform that serves “just about any […]
January 22, 2018
By Tina Wink
There’s no denying the impact virtual reality (VR) is having on industries outside of entertainment. What was originally perceived as basically a gimmick for hardcore gamers, VR quickly found its way into practical uses in industries one wouldn’t have originally thought possible. With VR, businesses outside of the gaming industry are finding ways to operate in […]
January 11, 2018
By Tina Wink
YCharts used by planners for investment research, screening and charting. When YCharts debuted in 2009, the cloud-based financial portal billed itself as a potential threat to the Bloomberg Terminal’s dominance over real-time market data. Bloomberg remains a powerhouse eight years later, but YCharts, and other startups with similar products, have found success with financial advisers, a segment of […]
January 10, 2018
By Tina Wink
This guest post is by Mark Hardy, CEO of Chicago-based InContext Solutions, a provider of virtual reality solutions for retailers and CPG manufacturers. It’s not often a technology comes along that has the potential to transform nearly every aspect of our lives. The internet certainly did. The steam engine did. And in 2018, it’s likely that […]
January 9, 2018
By Tina Wink
From Motorola’s founding nearly 80 years ago to Uptake’s meteoric rise as an industrial analytics provider, few tech ecosystems have done more than Chicago’s to turn connected devices into indispensable business tools. But the city’s contribution to the IoT innovation landscape doesn’t stop there. Chicago tech companies are working on every aspect of the emerging […]
January 5, 2018
By Tina Wink
Minnesota is home to a number of Fortune 500 retail companies like Target, Best Buy, and Supervalu. It also boasts a number of Fortune 500 companies that build out the entire retail ecosystem, including supply chain companies such as CH Robinson and CPG manufacturers such as General Mills and 3M. These companies are all within […]
December 20, 2017
By Tina Wink
Predicting the future is never easy, especially when it comes to business. As so much is based on the economy, politics, and other factors, guessing what industries will thrive or take a back seat can be difficult. But to try to get a sense of what to expect in 2018, ChicagoInno talked to five Chicago venture capitalists […]
December 19, 2017
By Tina Wink