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|Articles - Nov/Dec 2012|
|Monday, November 05, 2012|
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Meeting that demand, in 2007 Feeney helped revolutionize the taxi industry by developing routers connecting cabs in New York City to the Internet via cellular telephone networks; the system was one of the first to enable taxis to use full-service credit-card processing, digital media and advertising. Feeney’s technology also helped move the kiosk industry into the 21st century, providing real-time access to inventory and maintenance issues. The company is also deeply involved in the oil and gas industry, providing monitoring and sensing technology for meters and data collection.
Twelve years after Ralston started Feeney in a cramped 650-square-foot office space, the company is a leader in the world of machine-to-machine products, offering engineering and design capabilities, as well as a suite of customer services that include managing cellular rate plans and technical support. The company, which employs 70 people and recently relocated to the new 36,000-square-foot campus environment, grossed $16.3 million in 2011 and is on track to grow 60% this year, Ralston says. For the second year in a row, Inc. ranked Feeney as one of the fastest-growing 5,000 private companies in the country. Connected World magazine also listed Feeney as one of the top 100 companies in providing machine-to-machine services.
Of course, much of that success has to do with being in the right industry at the right time. “Obviously, no single entity can supply service to that many devices,” says Ralston, referring to the staggering number of wireless applications and devices expected to be connected over the next decade. “It will need a collection of companies.” Ralston says many of his corporate clients are household names, and that a steady stream of national and international customers makes their way through the Eugene airport en route to Feeney Wireless.
That kind of activity is validation for a tech guy who decided more than a decade ago it was time to view wireless technology through an entrepreneurial lens. “The engineering part continues to drive me today.” But, says Ralston, “I have surrounded myself with very smart and dedicated staff members who are competent in sales and helped me grow the business organization. The future is very bright.”
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Tuesday, July 01, 2014
BY HANNAH WALLACE | OB BLOGGER
Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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