OHTec, a program of the Greater Cleveland Partnership that focuses on connecting Northeast Ohio businesses of all sizes through the common thread of technology, has announced the finalists for its 2017 Best of Tech Awards.Winners will be named in six different categories on April 27 during the awards show at Trinity Cathedral in Cleveland. among the finalists for Most Promising Startup are Wheedle, who pitched at the November 19, 2015 SunDown RunDown in Canton
OHTec, a program of the Greater Cleveland Partnership that focuses on connecting Northeast Ohio businesses of all sizes through the common thread of technology, has announced the finalists for its 2017 Best of Tech Awards.Winners will be named in six different categories on April 27 during the awards show at Trinity Cathedral in Cleveland.Nominees for 2017 are:Tech Company of the YearFuturi MediaHyland SoftwareMRI Softwaren2yBest IT Services CompanyBlueBridge NetworksFIT TechnologiesLevel SevenVizion SolutionsTech Team of the YearAccellis Technology GroupDakota Softwaren2yPolyOneBest Software/Device ProductDakota SoftwareHyland SoftwareMRI SoftwareOECMost Promising StartupHeureka SoftwareRevenue ConduitVotemWheedleBest Tech WorkspaceAccellis Technology GroupFIT TechnologiesTechnology Recovery GroupBest Healthcare Tech ProductiRxReminderOnShiftOHTec’s Best of Tech event takes place during its annual Tech Week celebration, an annual initiative to support and engage the local tech community through education and networking. Learn more about Tech Week by visiting www.techweekneo.com. And click here to register to reserve your place at the 2017 Best of Tech Awards. About OHTecFounded in 1998, OHTec has hundreds of members representing all facets of information technology: software development, IT services, website design and development, custom application development, IT recruiters and others. OHTec is an industry-led, industry-driven membership organization dedicated to furthering the growth and development of our region’s technology-based businesses. Learn more at www.ohtec.org.
Read more: SunDown RunDown Canton alum Wheedle announced as finalist for "Most Promising Startup" in COSE April 27th Best of Tech Awards URL: http://www.cose.org/Mind%20Your%20Business/Operations/Best%20of%20Tech%202017%20Finalists%20Announced.aspx
Manufacturing continues to provide an economic bolster to Mansfield as indicated by the various economic development projects that were begun and/or completed in 2016.In Tuesday's state of the city address for 2016, Mayor Tim Theaker noted the activity in the economic development office overall was higher than it has been for the past eight to nine years.He cited Hess Industries newly renovated the building at 108 Sawyer Parkway and purchased of a new CNC machining center which created two full-time jobs for an investment of $1.5 million.
Manufacturing continues to provide an economic bolster to Mansfield as indicated by the various economic development projects that were begun and/or completed in 2016.In Tuesday's state of the city address for 2016, Mayor Tim Theaker noted the activity in the economic development office overall was higher than it has been for the past eight to nine years."The area saw considerably more activity in the way of investment in small businesses during 2016, and it appears that 2017 will be even better," Theaker stated. Contributing to that activity was Newman Technology, which constructed an 80,000 square-foot facility, acquired tube manufacturing equipment and created five full-time jobs for an investment of $7.5 million.Jay Industries had multiple projects that included expansions of the Jay Plastics and Taylor Metal Products facilities.Carroll Fabrication, a new computer numerical control machining business, acquired the remaining building at the former Ohio Brass site. The company has purchased new CNC machining equipment and created 14 full-time jobs for an investment of approximately $500,000.Hess Industries renovated the building at 108 Sawyer Parkway and purchased new CNC machining centers which created two full-time jobs for an investment of $1.5 million.Ohio Valley Manufacturing began an expansion project at its Swarn Parkway welding facility, which will be completed in the second quarter of 2017. The expansion will create five full-time jobs. The business has also increased employment at its main plant by adding 20 new employees.The 84 Lumber Company purchased the former Roberts and Dybdahl buildings on North Main Street and will invest approximately $2 million in renovations and purchase equipment for a truss-making operation. An estimated 58 full-time jobs will be created within the first year of operation.Cement Products demolished two deteriorating buildings and fully renovated an existing building into a new office space and showroom. The company projects it will create three to four new full-time jobs by the end of the second quarter of 2017 for an investment of $1 million.TLC Kanvas purchased the former Grainger building on National Parkway and relocated from Bellville to Mansfield, bringing 20 full-time employees. The company anticipates adding five full-time jobs this year for an investment of $500,000.
Read more: Mansfield Mayor Theaker: Company expansions like Braintree grad Hess Industries are boosting Mansfield's job market URL: http://www.richlandsource.com/business/state-of-the-city-company-expansions-boosting-mansfield-s-job/article_d743b076-13c1-11e7-a56b-2f90d4faaba5.html?utm_content=buffer77321&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
If your car insurance hasn't gone up this year, it probably will. That's because more people are getting into accidents, largely due to texting.And being a good driver can't even get you out of this. But a new local insurance company says that's about to change...thanks to technology."We understand driving behavior, and it’s a much more significant piece of data in determining how likely somebody is to get into an accident than someone's age," said Dan Manges, Root’s Chief Technology Officer.
If your car insurance hasn't gone up this year, it probably will. That's because more people are getting into accidents, largely due to texting.And being a good driver can't even get you out of this. But a new local insurance company says that's about to change...thanks to technology.Couples who are about to tie the knot should be celebrating more than just getting married.They're going to pay about 20% less on their car insurance than a single person with the same policy.This male driver will pay about 20% more than a female who's the same age.And here in Ohio, if you have poor credit, you'll pay about $800 more for your policy than someone with an excellent score.Sound unfair?A new, Ohio-based car insurance company called Root agrees.“Everybody, except those insured with Root, they're paying for car insurance based on their demographics and not how they drive. We understand that driving behavior, and it’s a much more significant piece of data in determining how likely somebody is to get into an accident than someone's age," said Dan Manges, Root’s Chief Technology Officer.And they get that data all from an app on your iPhone.Once it downloads, you create an account. You enable location and motion setting.Scan your driver's license.And you're good to go."You don't need to tell it when you're about to start to drive or anything. It will just run in the background on your phone and gather data while you are driving," says Manges.Data like how hard you break or accelerate.Whether you're swerving, which could indicate drunk driving.Even if you're texting or talking on your phone, which leads to distracted aka dangerous driving."We can't see definitively that someone sent a text message, but we can see the movement of the phone. So we can see if you're picking up your phone possibly and looking at it,” according to Manges.They also take into account the time of day you usually drive and how often you're on the road. Because someone who drives less, is less likely to get into an accident.And Manges says, "those two people should not be paying the same amount of car insurance.”After about two to three weeks, or 500 miles, the company will send you a price quote, or just reject you flat out...because they only insure good drivers.But they say for the best drivers, their premiums could be half of what they pay now.Manges explains that the reason is “because the losses generated by the rest of drivers, in particular those very worst 10 -15% of drivers, they’re the ones out there that are causing all the accidents. And that's driving up insurance premiums for everybody."And I've got to be honest, since installing it on my phone two weeks ago, I've become way more conscious of how I drive.According to Root, that's almost as good as getting a new customer.“If the result of people having Root on their phone is that people will drive more safer to get lower rates, that's fantastic," says Manges.So did I get a good rate? Well I still have one more week of driving to Verify the results.We also had another driver test it out to see what kind of rate he gets. As soon as we know the results, we'll tell you. Right now the company only insures drivers in Ohio, but they're looking to expand nationwide and to offer other insurance policies down the road.
Read more: WKYC features Braintree and SunDown RunDown alum Dan Manges, CTO of Root Insurance URL: http://www.wkyc.com/news/local/verify/verify-using-technology-to-determine-car-insurance-rates/425117323
Studio Stick has developed a portable recording studio for smartphones and tablets. The 20-inch container opens and expands to a musician's height, revealing a reflective filter, microphone, pop filter, phone holder and stand. It was one of four Northeast Ohio startups that got funding to help take their products to the next level.
Aatru Medical Corp. claimed the top prize of $100,000 from the Innovation Fund. It was one of four Northeast Ohio startups that got funding to help take their products to the next level.Aatru is developing a wound dressing product that leverages technology by designing the industry's first and only fully self-contained negative pressure dressing that eliminates the need for pumps, batteries, hoses, and canisters.The company is using the award money to refine product design and components, complete some product testing, and begin the FDA submission process. Ads by ZINCThe innovation Fund, the region's most active pre-seed fund, has helped startups create nearly 1,000 jobs since 2007. With the latest $175,000 in investments, the Innovation Fund has awarded $11.7 million to 178 local technology startups since it started accepting applications in July 2007."We're closing in on the Innovation Fund's 10-year anniversary and the regional economic impact we're now seeing from our portfolio is growing exponentially," Dennis Cocco, director of the Innovation Fund, said in a statement.Akron-based Triple Beam Technologies won $25,000. The company is developing the Cannibuster, a portable, rapid-results device that evaluates marijuana levels in suspected impaired drivers. The product includes a handheld analyzer and a one-time use test cartridge that's expected to provide a low-cost, rapid method of screening.Company officials are optimistic that Cannibuster becomes an integral tool that law enforcement uses to identify and prosecute drugged drivers -- just like the alcohol breathalyzer identifies and helps to prosecute drunken drivers. The Innovation Fund award money will help the company complete technology validation studies and gain the real-world data needed to raise more money. Studio Stick also won $25,000. The Cleveland-based company has developed a portable recording studio for smartphones and tablets. The 20-inch container opens and expands to a musician's height, revealing a reflective filter, microphone, pop filter, phone holder and stand.Combined with the company's mobile app, users can record high quality songs or any type of audio anywhere. Studio Stick plans to use the funding for product development, website development, and marketing efforts. Komae also won $25,000 for a new app that helps parents unlock unlimited babysitting by exchanging sitting opportunities with trusted friends. The free app connects parents with people they and their children already know, allowing parents to make and fill babysitting requests for each other.The startup just released its app in Apple and Android app stores. Komae's founders, Audrey Wallace and Amy Husted, will use the money to design, develop, and deploy a new user experience based on the results of usability testing.
Read more: SunDown RunDown alum Studio Stick plus three other Northeast Ohio Startups receive awards from Innovation Fund URL: http://www.cleveland.com/business/index.ssf/2017/03/innovation_fund_awards_175000_1.html#incart_river_home
Ohio-based Root Insurance, a company that pitched at the March 8, 2017 SunDown RunDown in Mansfield, announced that Tesla owners are now eligible for a discount if they use Autosteer, a flagship feature of Autopilot that keeps the car in its lane even when approaching curves.
Tesla owners in Ohio are now eligible for an insurance discount — and the move speaks to a much larger shift in the insurance industry.Root Insurance, a company based in Columbus, Ohio, announced in a March 9 blog post that Tesla owners are now eligible for a discount if they use Autosteer, a flagship feature of Autopilot that keeps the car in its lane even when approaching curves.Root Insurance said the move is in response to a government report that found crash rates for Tesla vehicles have plummeted 40% since Autosteer was first installed in 2015.Drivers must download the Root app and conduct a test drive with Autosteer activated. The insurance agency will then offer a tiered discount based on the number of miles driven. That discount will increase the more a Tesla owner drives with Autosteer activated.Naturally, it's a smart way to encourage Tesla owners in Ohio to switch insurance companies. But it also speaks to a much larger disruption: as cars become safer with autonomous tech, insurance premiums will have to fall.Tesla itself is already experimenting with that model in Hong Kong and Australia. The automaker has partnered with insurance companies to include insurance and maintenance into the final price of its vehicles.New insurance models are expected to proliferate as other automakers advance their self-driving car efforts as well. The personal auto insurance sector could shrink to 40% of its current size within 25 years as insurance premiums fall due to self-driving tech, according to a report by the global accounting firm KPMG.Root, for its part, said it plans to extend its Autosteer discount program to "drivers of all self-driving cars" later in 2017."We created Root to be the car insurance of the future," Root wrote in its blog post. "Artificial intelligence? Self-driving cars? We’re ready."
Read more: Tesla Autosteer users now eligible for insurance discount from SunDown RunDown alum Root Insurance URL: http://www.businessinsider.com/tesla-autopilot-owners-root-insurance-discount-ohio-2017-3
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