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|Articles - April 2011|
|Thursday, March 24, 2011|
Sam Blackman slaps his iPad down on the conference room table and opens the ABC News app his company powers.
“You pick a video and hit play,” he says, and then watches with eyes wide as a monstrous wave capsizes ships and destroys bridges and homes. “Unbelievable.”
Like everyone else, the 34-year-old CEO of Portland-based Elemental Technologies is transfixed by the devastating footage from Japan. His interest runs even deeper, since his company built the technology that allows us to watch web videos on our schedules, on the screens of our choice.
The demand for instant video and the explosion of the tablet market have propelled Elemental Technologies into rapid expansion mode. Blackman and his team are recruiting video engineers, opening a sales office in London and building partnerships with Intel, Amazon and PBS.
Elemental has raised $14.6 million. It launched in 2006 and took three-and-a-half years to create a core product for video on demand. Next came a product for real-time web streaming. Both address the complications of delivering all types of video to all types of screens. Customers include television networks and cable companies.
Sales took off shortly after Apple released the iPad last April. “For every executive demo I did, I just took the iPad, and that’s what they wanted to see,” says Blackman.
Elemental has grown to 39 employees and while Blackman won’t share revenue numbers, he says they went from six figures in 2008 to seven in 2009 and are expected to reach eight figures by 2012. “People want to watch on demand, when they want,” he says. “[A lot of] that’s going to be powered by Elemental software.”
Tuesday, March 31, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
inDinero, a business that manages back-office accounting for startups and smaller companies, recently announced it would relocate its headquarters from San Francisco to Portland. We talked to CEO Jessica Mah about what drew her to Portland and how she plans to disrupt the traditional CPA model.
Friday, February 27, 2015
BY OB STAFF
Oregon Business held its 22nd annual 100 Best Companies to Work For in Oregon celebration Thursday night in the Oregon Convention Center.
Thursday, March 26, 2015
BY KIM MOORE
A conversation with Craig Wanichek, president and CEO of Summit Bank.
Monday, February 23, 2015
BY JACOB PALMER | OB DIGITAL NEWS EDITOR
Power Lunch at Swagat in Hillsboro.
Wednesday, February 25, 2015
BY LINDA BAKER | OB EDITOR
The big news at Oregon Business is we’re getting a ping pong table. After reading the descriptions of the 2015 100 Best Companies to Work For in Oregon, a disproportionate number of which feature table tennis in the office, I decided it was time to bring our own workplace into the 21st century. It was a tough call, but it’s lonely at the top, and someone has to make the hard decisions.
Wednesday, April 01, 2015
BY LINDA BAKER
Can Oregon remain small but mighty in a global food economy? That was one of the questions raised during this morning’s panel discussion on agriculture exports.
Friday, March 27, 2015
BY JACOB PALMER
Five years in the making, the Portland Mercado — the city’s first Latino public market — will celebrate its grand opening April 11. A $3.5 million public-private partnership spearheaded by Hacienda CDC, the market will house 15 to 20 businesses in the food, retail and service sectors. It has some big-name funders, including the Paul G. Allen Family Foundation and JPMorgan Chase. The project goals are equally ambitious: to improve cross-cultural understanding, alleviate poverty and spur community economic development.
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A new report highlights how Oregon bankers are giving back to their communities.
Since 1932 Tidewater Transportation & Terminals (operating as Tidewater Barge Lines and Tidewater Terminal Company) has operated a multicommodity transportation and terminal company based in Vancouver, Washington. The friendly expression on the company’s shipping containers reflects the attitude of about 330 safety and community-conscious employees but belies how complicated the barge business really is.
The Port of The Dalles has run marine facilities since the 1930s, but they are part of a larger mission to strengthen the local economy. They focus on regional economic development with a strong bent toward adding good-paying jobs in high tech, manufacturing and other industries.
The Atkinson Graduate School of Management at Willamette University has maintained its business accreditation by AACSB International—The Association to Advance Collegiate Schools of Business.
Like the advent of the locomotive, the cloud creates business opportunities that simply weren’t possible before now. Get up to speed fast in May at an exciting cloud-empowered Portland event.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.