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|Articles - December 2010|
|Wednesday, November 17, 2010|
Page 6 of 6Opportunity on the digital frontier
As much opportunity as there is in the buying of technology, there may be more in pushing technology forward. Businesses that devise new ways to do basic things more efficiently and with fewer headaches can grow very quickly in this environment.
For example, consider the work of systems administrators who oversee hundreds or thousands of machines at once. Portland startup Puppet Labs, one of the fastest-growing companies in Oregon, has developed a system to automate data center management, freeing up systems administrators to focus on work with more strategic importance to the organization. Founder and CEO Luke Kanies wrote the code for Puppet with a “fanatical focus on ease of use,” creating an open-source platform upon which software developers can share improvements and build applications.
The market potential for Puppet is huge. Tech giants such as Google and Amazon profit from data center management, but for most other companies it is a hassle and an expense. Kanies pitches Puppet as a means to free up a company’s technologists to do important rather than menial work, comparing it to the historic shifts from telephone operators to automated systems that improved service and offered more advanced opportunities in the industry.
Kanies positioned the Puppet brand as a frequent speaker at international open-source conferences and moved to build the company in Portland with $7 million in venture capital. Over the past year he has built the company from nine employees to 25, and he intends to grow to 50 next year. Already Puppet Labs has outgrown its funky Old Town office and is in the process of moving into 9,000 square feet on the top floor of a building on NW Park Avenue that will soon bear the company’s name.
As CEO of a rapidly growing technology company with big investments propelling it forward, Kanies has a different view of the real estate market from other business leaders. The low-rent, long-term lease is less appealing to him because a seven- to 10-year lease requires information about the future that is fairly unknowable at this stage. “Either I’ll be out of business in seven years,” says Kanies, “or we’ll be 700 employees.”
It goes without saying which of those options he would prefer. Like Jive Software before him, Kanies is trying to prove that the rapid-growth, investor-backed tech model can work in Portland and resist the gravitational pull of California (Jive recently moved its headquarters to the Bay Area but maintains a major presence in Portland). “I want to stay CEO and I want to stay in Portland,” says Kanies. “But we have to perform. That’s what it comes down to.”
In his view, the opportunity for innovation in the digital space is “unlimited.”
Tuesday, May 26, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
New Jersey and Oregon are the only two states in the U.S. that ban self serve gas stations. But these two holdouts may be ready to give up the game. New Jersey is considering legislation that would lift the state's ban on pumping your own gas. Oregon is considering smaller scale changes.
Friday, May 22, 2015
BY ANNIE ELLISON
Portland tech veteran Ben Berry is leaving his post as Portland’s chief technology officer for a full-time role producing unmanned aerial vehicles (UAVs) aimed at first responders and the military. Berry’s AirShip Technologies Group is poised to be on the ground floor of an industry that will supply drones to as many as 100,000 police, fire and emergency agencies nationwide. He reveals the plan for takeoff.
Wednesday, April 08, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The Wilsonville-based company is targeting GoPro enthusiasts with its latest release. Is spy gear poised to go mainstream?
Friday, May 22, 2015
BY JACOB PALMER
Mike Morrow and Mike Delos-Reyes first came up with the idea of an ocean power device 23 years ago, when they were students at Oregon State University. They realized a long-held vision last summer, when their startup, M3 Wave, successfully launched the first ocean power device that works underwater.
Tuesday, May 26, 2015
BY KIM MOORE
A conversation with Gene Pelham, CEO of Rogue Credit Union.
Monday, April 27, 2015
BY JOE CORTRIGHT
The Knight challenge is an important instance of philanthropy. But we should not assume it will magically transform OHSU into a business- and job-spinning engine for the local economy.
Friday, April 24, 2015
BY CHRIS HIGGINS
As digital security breaches skyrocket, a cybersleuth everyman takes center stage.
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Tonkon Torp helps seed sustainability at Gunderson.
Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
Sussman Shank LLP served as lead counsel for both the sale of 9 assisted living, memory care, and independent living campuses in Washington, Oregon, and California to a publicly-traded REIT, and the acquisition of 11 single-tenant net lease properties. This transaction was unique because it included both the sale of licensed senior housing facilities and a complicated 1031 tax deferred exchange transaction.
The Oregon Entrepreneurs Network (OEN) will be presenting its third annual Entrepreneurial Summit on Friday, June 5 at Castaway in Portland, Oregon.
On June 13th Mayor Charlie Hales will attend nonprofit organization Dream Change’s inaugural Love Summit and will introduce one of its keynote speakers, Dan Wieden of Wieden+Kennedy advertising agency.