South Florida Tech HubSouth Florida Tech Hub
22
May, 2023

By Nikki Cabus

Getting to know Boca Raton-based ModMed’s new CTO Venkatesh Jayaraman

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Boca Raton-based practice technology leader ModMed® appointed Venkatesh Jayaraman (VJ) as the company’s Chief Technology Officer.

Jayaraman leads the strategic direction and technical leadership for the product engineering organization, including cloud operations.

With over 25 years of technology and software development experience, Jayaraman brings an extensive record of success in technical leadership, cross-functional product development and software architecture. He has a proven record of building business agility using Lean-Agile practices while managing large-scale enterprise organizations across multiple geographies.

ModMed is transforming healthcare by placing doctors and patients at the center of care through an intelligent, specialty-specific cloud platform. With electronic health records (EHR) and practice management (PM) systems, and revenue cycle management (RCM) services, their all-in-one solution empowers specialty medical practices by providing clinical, financial, and operational software solutions. ModMed’s staff physicians help to develop products and services for allergy, dermatology, gastroenterology, OBGYN, ophthalmology, orthopedics, otolaryngology, pain management, plastic surgery, podiatry, and urology practices, as well as ambulatory surgery centers.

“VJ’s background and experience will deliver tremendous value to our organization, as he embodies ModMed’s cultural values around aligning passion with purpose,” said Daniel Cane, ModMed Cofounder and CEO. “We have welcomed him to our team as we work together to transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes.”

Jayaraman most recently served on the executive leadership team at Vertex Inc., where he led the cloud/SaaS transformation of the product engineering organization, including cloud operations using agile methodology, modern DevOps and site reliability engineering principles. Prior to Vertex, he was in various leadership roles at Citrix Systems and Motorola, where he built and scaled agility across a globally distributed engineering team to achieve software engineering excellence. He holds a master’s degree in engineering management from the University of Florida and a bachelor’s degree in electrical engineering from India’s National Institute of Technology.

 

GETTING TO KNOW VJ:

1. What are you looking forward to most in your new role with ModMed?
Using cutting edge technology to transform how healthcare information is created, consumed and utilized to increase practice efficiency and improve patient outcomes. Really looking forward to the opportunity to create simple workflow solutions for complex problems with valuable, meaningful impact. ModMed’s product portfolio does align passion with purpose where we can impact the lives of practice providers and patients in a big way by creating excellent software that delights them.

2. What do you love most about the healthtech industry?
The healthcare industry has always been full of untapped opportunities for technology innovation and workflow optimizations. COVID just exposed some of these opportunities in many ways. Healthcare is unique with respect to regulatory and interoperability demands. Coupled with the fact that healthcare software is only expected to benefit from the overall growth in US healthcare spend makes it a very exciting ground for making a positive impact.

3. What advice would you give to someone who wants to enter the healthtech industry?
Keep an open mind in terms of connecting their passion, skills, knowledge and experience for the various innovation opportunities that present using technologies like cloud, ML / AI, big data etc.

4. Any insight into what’s next for ModMed?
ModMed has had a phenomenal journey so far. From the initial momentum that we have gained, we are very well poised for creating our own flywheel effect to accelerate faster and faster, and gain even more momentum while building this organization for scale and growth. I am very excited by what’s to come and truly honored to be part of defining this journey.

5. From the 90s to now, what has been the biggest change you have seen in our local tech markets?
There have been quite a lot of changes in the local tech markets in the last 2-3 decades that have followed the industry trend largely. The tech industry itself has evolved from the PC computing, hardware & communications related innovations to more software based innovations with the advent of internet and cloud. Back in the 90s, we had quite a few tech companies like Siemens, IBM, Motorola etc. and they all have evolved with this changing landscape. With the advancements in cloud computing, even concepts as esoteric as Machine Learning & Artificial Intelligence have become so accessible to the engineering community that they can be easily harnessed for the next generation of innovations. The core to this evolution is “business agility” and the companies that do that with the right talent and leadership thrive in the face of this changing landscape. Also, the promotion of STEM education in local schools and colleges has really propelled this pace of innovation and South Florida is on a path to excellence in making its mark in the tech industry.

6. All in on AI? What’s your thoughts on the future of generative AI in healthcare? 
Generative AI can be applied in various use cases to generate virtually any kind of content. The technology is becoming more accessible to users of all kinds thanks to cutting-edge generative AI interfaces like ChatGPT, Dall-E and Bard that can be tuned for different applications. With generative AI technology, doctors, hospitals, clinics and beyond may be able to streamline patient care and improve health outcomes with significant advantages like personalized healthcare for patients, predictive maintenance of medical devices and supporting administrative tasks to improve efficiency. Despite their promise, the new generative AI tools open a can of worms regarding accuracy, trustworthiness, bias, hallucination and plagiarism — ethical issues that likely will take years to sort out. None of the issues are particularly new to AI though. Just like any other technology, I am confident and cautiously optimistic that the generative AI would mature to bring the bigger benefits that we all aspire for.

7. No matter our role or level, we are always learning. What’s one thing – either industry-related or not – you learned in the last month?
I am a big believer of being a continuous learner while pivoting and adapting to changing landscape of needs. The mantra should be to plan the work and work the plan but be flexible and realistic to adapt for best outcomes. One of the books that I have been reading of late is Limitless by Jim Kwik. In this book, he overturns the conventional ideas of intelligence, achievement and perceived limitations with a compelling and practical handbook for change. It is based on the concept of all of us having boundless capabilities and what we make of them has everything to do with mindset and application.

8. Outside of work, do you play any sports or have any hobbies? What do you do for fun?
Yes, I play tennis, volleyball, chess etc. whenever time permits. Also, I like to read different books and spend time with my family. Love to explore and  experience the world through various travels to create a wholesome life!

9. What’s something about you (a fun fact) that not many people know?
I used to play cricket early on in my career and I received a trophy from the cricketing legend Clive Lloyd for my performance in the finals of a tournament that was played in the Central Broward Cricket Stadium in Lauderhill. Another fun fact is that I had to find a way to overcome acrophobia (thanks to the constant nudge from my daughter) to do ziplining with my family in Costa Rica recently.

 

Learn more about ModMed’s leadership team here. 

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09
May, 2023

By Nikki Cabus

ODP Corporation expands collaboration with Microsoft to leverage the power of AI technology from Microsoft Azure OpenAI Service

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The ODP Corporation (“ODP”) (NASDAQ:ODP) announced that it is expanding its longstanding relationship with Microsoft to include Microsoft Azure OpenAI Service advanced artificial intelligence technology to enhance customer experience, drive operational efficiencies, and more effectively pursue growth opportunities.

Recognizing Azure’s immense potential, ODP has been working with Microsoft to migrate legacy systems and to build out its customer-facing platforms, including its Varis digital procurement ecosystem and Business Central integration, on Microsoft Azure. This collaboration has enabled ODP to leverage the power of Azure’s scalable cloud infrastructure, improving the speed, reliability, and security of its online services and applications.

ODP is now expanding this relationship to include Microsoft Azure OpenAI Service advanced artificial technology capabilities. Through this collaboration, ODP is harnessing the power of Microsoft Azure OpenAI, including ChatGPT hosted securely on Azure, to further improve customer experience, streamline internal operations, and position the Company to pursue growth opportunities more efficiently.

“We’re excited to expand our collaboration with Microsoft to harness the power of Azure OpenAI Services, including ChatGPT,” said Gerry Smith, Chief Executive Officer of The ODP Corporation. “This technology will enable continued transformation in our business, driving additional operational efficiencies consistent with our low-cost business model, and positioning us to deliver greater value to customers while more effectively pursuing growth opportunities. Our relationship with Microsoft positions ODP to be at the forefront of innovation, enhancing our digital capabilities and creating a sustainable competitive advantage for the future.”

The ODP Corporation (NASDAQ:ODP) is a leading provider of products and services through an integrated business-to-business (B2B) distribution platform and omnichannel presence, which includes world-class supply chain and distribution operations, dedicated sales professionals, a B2B digital procurement solution, online presence and a network of Office Depot and OfficeMax retail stores. Through its operating companies Office Depot, LLC; ODP Business Solutions, LLC; Veyer, LLC; and Varis, Inc., The ODP Corporation empowers every business, professional, and consumer to achieve more every day.

“We are delighted that ODP has chosen Microsoft Azure OpenAI service as its solution for integrating transformational AI capabilities into critical business processes and systems,” said Eric Boyd, Corporate Vice President of Azure AI Platform at Microsoft Corp. “Through our deepened relationship, we will partner more closely with ODP to take advantage of generative AI, to drive innovation, increase productivity and enhance the experience of ODP’s customers.”

ODP can now take advantage of large-scale, generative AI models with deep understandings of language and code to enable new reasoning and comprehension capabilities for building cutting-edge applications. Apply these coding and language models to a variety of use cases, such as writing assistance, code generation, and reasoning over data. Detect and mitigate harmful use with built-in responsible AI and access enterprise-grade Azure security.’

ODP and ODP Business Solutions are trademarks of ODP Business Solutions, LLC. Office Depot is a trademark of The Office Club, Inc. Any other product or company names mentioned herein are the trademarks of their respective owners.

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08
May, 2023

By Nikki Cabus

TEDxBocaRaton announces this year’s lineup of IMPACT speakers

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The highly anticipated annual event, TEDxBocaRaton announced the impressive line-up of speakers who will address this year’s theme: IMPACT.

The speakers are making an impact in the lives of others and creating ripple effects that can help to influence the world in positive ways for generations to come. These thought-leaders make up a new era of change-makers in fields such as mental health, technology, entrepreneurship, wellness, mindset, and more. The event will bring a variety of ideas and experiences that are sure to impress.

TED events began in 1984 as a conference where Technology, Entertainment and Design converged and today it spans a multitude of worldwide communities and initiatives exploring everything from science and business to education, arts and global issues. Aside from the hundreds of TED Talks curated from annual conferences and published on TED.com, they produce original podcasts, short video series, animated TED-Ed lessons and TV programs that are translated into more than 100 languages and distributed via partnerships around the world.

TED is on a mission to discover and spread ideas that spark imagination, embrace possibility and catalyze impact. Our organization is devoted to curiosity, reason, wonder and the pursuit of knowledge — without an agenda. We welcome people from every discipline and culture who seek a deeper understanding of the world and engagement with others, and we invite everyone to engage with ideas and activate them in your community.

Under the TED brand, each year, more than 3,000 independently run TEDx events bring people together to share ideas and bridge divides in communities on every continent. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TED Talks video and live speakers combine to spark deep discussion and connection. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.

This year’s event will take place on Saturday, May 20th from 3:00 to 6:00 PM at the Boca Raton Innovation Campus.

“The Boca Raton Innovation Campus (BRiC) is a valued partner to TEDxBocaRaton and a wonderful place to host our event this year,” said Erik Mintz, TEDxBocaRaton organizer. “BRiC is the former IBM campus and birthplace of the PC, so as a former IBM-er I am forever connected to this property. It’s inspiring to see the 1.7 million square foot facility still thriving so many years later as a business innovation and research hub –– housing companies and organizations across a range of industries from technology, healthcare to finance to cybersecurity.”

Erik Mintz and Cindy Metzler, TEDxBocaRaton organizers are taking their knowledge, network, and passion to spearhead a high-caliber series of speakers sure to make TEDxBocaRaton an acclaimed experience once again. The independently produced event, operated under a license from TED, presents a program of discussions, demonstrations, and performances by leading thinkers, innovators, artists, philosophers, and entertainers from diverse fields such as technology, the arts, education and more.

This year’s speakers include:

• Steve Edwards is an Army veteran and the founder of Premier Virtual, an innovative technology company helping businesses host successful virtual hiring events, meetings and career fairs. Steve is also a dedicated husband a father to two boys that are 5 and 8. Family first is his motto and everything he does at work is to better his family life.

• Michelle Cordeiro Grant is a serial entrepreneur, angel investor, and podcast host. She spent much of her career at household names in retail including Victoria’s Secret. In 2016, Michelle founded LIVELY, and in just three years, grew the brand’s community to 165,000+ members, expanded their footprint across the country, launched a retail partnership with Target, and closed a $105M acquisition. Michelle founded GORGIE, in 2022, a wellness energy drink disrupting the status quo.

• Natasha Graziano is best known as the #1 female motivational speaker under 40 as seen in Forbes Magazine, Wall Street Journal Best Selling Author, host of a TOP 10 Podcast show on Apple and rated one of the top 10 keynote speakers alongside Michelle Obama and Oprah. Natasha loves helping people unlock their full human potential and become superstars.

• Joy McAdams career started at NBC television 23 years ago. It was this first job, that grew her love for video communication. She was drawn to the healthcare industry and saw its need for growth in marketing. Social media became a key part of communication. Joy is a leader in this field. She is a LinkedIn Influencer with a community of over 250,000 followers that reaches 2 million viewers monthly.

• Marc Nudelberg is a coach, author and entrepreneur. He leverages his experiences as a Division 1 football coach and President of On the Ball to help individuals and their team to adopt the 1% better mindset. Marc delivers energy, passion and competitive drive while focusing on the details and developing processes that produce results. Marc is a dedicated husband and father to two boys.

• Dr. Margaret Rutherford is a clinical psychologist with 30 of experience. She’s also an author and podcaster. Her book, Perfectly Hidden Depression: How to Break Free from the Perfectionism That Masks Your Depression, has impacted thousands in the US and internationally with translations from Korea to Italy, Turkey to Germany. Her podcast, SelfWork, has been rated one of the best podcasts for mental health.

• Sean Shea is the founder and CEO of ViB, a B2B software company that uses a proprietary community-based model to provide high-quality leads for technology companies. Today, ViB stands strong with a community of over 10 million IT decision-makers. ViB has generated hundreds of thousands of new opportunities for clients, with revenues doubling year over year since 2019. As an avid philanthropist, Shea leads the ViB team to partner with organizations making an impact.

“We are thrilled to showcase the best and the brightest entrepreneurs and thought-leaders in South Florida at TEDxBocaRaton,” said Cindy Metzler, TEDxBocaRaton Organizer. “Among seven speakers this year, we are beyond excited to have two local tech founders: Steve Edwards, founder and CEO of Premier Virtual online recruiting platform and Sean Shea, founder and CEO of Virtual Intelligence Briefing (ViB), a B2B lead generation technology company.”

Steve Edwards shared his sentiments with South Florida Tech Hub stating, “TEDx has been a dream of mine for a long time.  Finally getting on this stage shows that hard work, preparation and believing in yourself can make your dreams come true.”

Want to attend TEDxBocaRaton 2023? Tickets are $60, but the first 25 South Florida Tech Hub community members can get 35% off using ‘Techhub.’

Register Today!

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04
May, 2023

By Nikki Cabus

Watson Institute is launching a fully-funded Venture Accelerator program for next-generation entrepreneurs

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The Watson Institute is launching a fully-funded Venture Accelerator program for next-generation entrepreneurs with the skills, resources, and experience to scale the impactful ventures they are building. 

Fellows will learn advanced skills in entrepreneurship and leadership, have the opportunity to earn seed funding (up to $6,000), garner experience, and build a global network, as they lay the foundation to empower many more individuals and transform their communities. This program is offered with virtual and in-person components. 

Watson Institute is a place where next generation entrepreneurs and leaders can find their community, discover their calling, and accelerate their careers. They provide the tools, network, mindset, and courage for the next generation to solve the toughest challenges facing the world, launch successful careers, and lead impactful lives.

Watson Institute has locations in Boulder, Colorado, and at Lynn University in Boca Raton, Florida and runs accelerators for leading corporations including Ford Motor Company Fund and Western Union Foundation. They are now building partnerships with innovative corporations and institutions of higher education in the US and globally.

With over 400 scholars and alumni representing almost 70 countries, they have raised over $175 million, created over 1,500 part or full-time jobs, and impacted over 5 million people around the world through initiatives they help lead. Watson Institute Alumni have been selected to Y Combinator, the Echoing Green Fellowship, and six have been named to the Forbes 30 Under 30 lists. Alumni continue their education at Harvard University, Princeton University, and Oxford Saïd’s Business School.

The Watson Institute students “major in their mission” as they obtain a Bachelor of Science in Social Impact and Entrepreneurship from Lynn University. They intern at leading corporations and nonprofits while developing the skills to lead successful careers or even launch their own ventures.

The Watson Institute Venture Accelerator is a 16-week program designed for impact-driven entrepreneurs seeking to elevate their ventures with access to a global network, training designed to strengthen skills, and mentorship with seasoned professionals, venture capitalists, and executives. The program will kick off with an in-person Immersive in Boulder, Colorado from July 20th – July 28th. The remaining 14 weeks is virtual and provides award-winning training, committed mentorship, and a powerful community of peers for next-generation entrepreneurs to advance their impact-focused ventures and lives. The time commitment for the 14 weeks is approximately 6–8 hours per week. This program is designed to complement the entrepreneurs’ existing venture work, allowing them to implement learnings in real-time.

Eligible participants will be entrepreneurs leading an early-stage social impact venture with demonstrated impact metrics and traction, those able to commit to the 16-week program including the in-person Immersive in Boulder, Colorado and can be from any geographical location with a preference to applicants from the USA, Brazil, China, Kenya, Uganda, Rwanda, and Tanzania.

Learn more and apply here.

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09
Apr, 2023

By Nikki Cabus

Research Park at FAU recently announced the launch of The Smartest Place initiative

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The Research Park at Florida Atlantic University® (the “Research Park at FAU”) recently announced the launch of The Smartest Place, an initiative to partner with FAU’s Institute for Sensing and Embedded Networks Systems Engineering (“I-SENSE”), creating a physical place for emerging IoT technologies to blend with real-time infrastructure, testing new technologies and locate deployment teams addressing common objectives.

Strategically located in Boca Raton, at the center of South Florida – the ninth largest metro area in the US – and adjacent to FAU’s flagship campus and leveraging a multi-million dollar, multi-year National Science Foundation (“NSF”) Engineering Research Center (“ERC”) grant to Florida Atlantic University along with four other collaborating universities and colleges, to create a rich ecosystem of streetscape applications built upon real-time, hyper-local intelligence to advance livable, safe, and inclusive communities, the Research Park at FAU will become a natural home and living test bed for the next generation of real-world smart infrastructure.

“We are excited to launch The Smartest Place initiative,” said Andrew Duffell, president of the Research Park at FAU.

“We’re determined to bring the right partners to the Research Park at FAU and will be providing common shared office and laboratory space which will be set aside for participating smart infrastructure and IoT technology companies to use on a part-time or full-time basis.  In addition, we will aide in the deployment and trial use partners’ solutions and technology.”

The Research Park at FAU is creating a place for emerging IoT technologies to blend with real-world infrastructure, offering flexible office space to become not only a place to trial technologies but a place for companies to locate engineering and deployment teams in collaboration with their peers to address the needs and objectives of the NSF grant.

The Research Park at Florida Atlantic University® is home to technology companies and research-based organizations working to support the research and development activities of Florida Atlantic University and to foster economic development and broaden the economic base of Broward and Palm Beach counties. The Research Park at FAU hosts Global Ventures, an international soft-landing center for second-stage technology companies and FAU Tech Runway, a South Florida public-private partnership that serves as a hub to accelerate technology development and incubate startup companies.

The Research Park at FAU is a 70-acre destination for R&D companies to thrive, established in 1985, it is widely regarded as South Florida’s laboratory for new entrepreneurial ideas and technologies. The Research Park at FAU is governed by the Florida Atlantic Research and Development Authority, an independent special district created by Palm Beach and Broward counties in partnership with Florida Atlantic University, organized under Chapter 159, Part V, Florida Statues.

A primary benefit of locating in the Research Park at FAU is the ability to collaborate with FAU’s research faculty and student body: Smartest Place partners will have the opportunity to work with I-SENSE faculty and equipment as well as commercial real-world spaces to deploy and study the outcomes of the technology.

“The Research Park at FAU has been a critical partner for I-SENSE since the institute’s inception in 2015. Today, we could not be more excited to see this partnership strengthened even further. The Smartest Place initiative reflects an incredible opportunity to deliver new tools and services to Research Park at FAU tenants, while fostering the future of public space, public interest technologies through the new NSF ERC for Smart Streetscapes (CS3). Access to this proving ground is an absolute game changer,” stated Jason Hallstrom, Ph.D., Founding Executive Director of I-SENSE (currently on IPA assignment).

FAU’s College of Engineering is among the top three fastest improving engineering colleges in the United States, sitting in the increasingly important South Florida marketplace. South Florida is one of the fastest growing regions in the United States, rich in diversity and with a technology aware population in close proximity to the Latin America markets.

The IoT M2M Council, or “IMC,” is the largest community of qualified IoT adopters constantly measuring the pulse of their 25,000 rank-and-file members. They will be partnering with Florida Atlantic University. The IMC is comprised of companies providing solutions from all parts of the global Iot/M2M ecosystem as Sustaining Members. The organization has brought together large-scale connectivity providers, more dedicated network operators, systems integrators, equipment manufacturers, and chipware maker giants.

“Our data shows that the biggest hurdle the industry faces is getting IoT projects from proof-of-concept to larger scale, so the IoT sector needs more initiatives like The Smartest Place at Research Park at Florida Atlantic University®,” says IMC Executive Director Keith Kreisher. “We look forward to cooperating with industry participants of the Research Park at FAU initiative by providing access to IMC’s digital media channels and events in order to share The Smartest Place research, use cases, and success stories.”

IMC Adopter Members are qualified individuals that deploy IoT/M2M technology at companies as diverse as Fedex, Hyundai, Siemens Medical, Tata Group, Saudi Aramco, and the US Department of Defense. As of this writing, the IMC can claim to be the largest and fastest-growing IoT/M2M organization in the world, with over 25,000 Adopter Members on four continents, and growing at a rate of 300 Adopters per week.

The Iot Evolution Expo team will also be partnering with Florida Atlantic University. The recently hosted FAU at the expo in February as part of the larger annual ITEXPO to help make the announcement publicly. From IoT location solutions to securing the supply chain, IoT Evolution focuses on the IoT use cases around automation, security ESG, healthcare and more. There focus has been on AI and analytics and the role that plays in launching new innovative IoT solutions.

“The team from IoT Evolution Expo has been dedicated to fostering and growing the IoT ecosystem and South Florida market for many years. As the organizers of IoT Evolution, the industry’s longest continuously running annual trade show and educational event focused on IoT held each year in Fort Lauderdale, we were pleased to host the Research Park at FAU as they made their announcement from our keynote stage,” said Carl Ford, co-founder of IoT Evolution and conference co-chair. “As a trusted partner in the IoT ecosystem, IoT Evolution is delighted to collaborate with the Research Park at FAU as it creates a South Florida destination for IoT innovators.”

Interested IoT or smart infrastructure companies should contact Ryan Lilly at SmartestPlace@Research-Park.org or by telephone at +1 561-416-6092 Ext. 1401.

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24
Mar, 2023

By Nikki Cabus

Renowned Celebrity Chef Robert Irvine invests in Boca Raton-based restaurant tech company

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GRUBBRR, the industry-leading provider of self-ordering technologies that are revolutionizing the way commerce is transacted globally, announced today a new partnership and investment with celebrity chef, restaurateur, and TV host Robert Irvine. Together, they will tackle challenges plaguing the restaurant industry, including labor shortages and rising food costs, and help restaurant owners navigate the future of the industry.

Robert Irvine is a world-class chef, entrepreneur, and philanthropist. He is best known for saving failing restaurants on his hit show, Restaurant: Impossible and for his commitment giving back to our nation’s defenders through the Robert Irvine Foundation.

The new partnership will combine GRUBBRR’s cutting-edge self-ordering technology and Robert Irvine’s expertise in the restaurant space to create an unparalleled solution for restaurants. The self-ordering solutions will provide customers with an efficient and convenient ordering experience, while improving general restaurant operations.

The residual effects of COVID-19 have continued to wreak havoc on the restaurant industry as owners navigate inflated food prices and staff shortages. To combat these obstacles, restaurants are turning to technology to increase operational efficiencies and save money.

“I am thrilled to be partnering with GRUBBRR to bring their solution to restaurants to help improve operational efficiencies and overall performance,” said Irvine.

“The industry has been struggling to recover from the pandemic, and for many restaurants, there is a dire need for transformation and innovation. This partnership will help us turn restaurants around, making the seemingly impossible recovery – possible.”

Headquartered in Boca Raton, GRUBBRR is a global self-ordering solutions and POS systems provider at the forefront of self-ordering technologies. GRUBBRR’s award-winning eco-system, including kiosks, mobile ordering, POS, online ordering, KDS, contactless smart lockers and more, are proven to help businesses maximize revenue, decrease labor costs, and increase operational efficiency while improving the consumer experience. GRUBBRR’s solutions are adaptable and beneficial to a multitude of businesses, and power both enterprise-level and small and medium businesses across verticals such as quick-service restaurants, fast casual restaurants, stadiums, movie theaters, casinos, micro-markets, retail, and more.

Bhavin Asher is the founder and Chief Technology Officer of GRUBBRR®. He founded GRUBBRR with the mission of changing the way commerce is transacted by automating both the consumer and business experience through artificial intelligence and machine learning.

He joined forces with Sam Zietz, CEO of GRUBBRR in November 2018. Under Sam’s leadership, GRUBBRR has been the recipient of multiple awards and accolades for its self-ordering kiosks and contactless ordering solutions.

“We are proud to be working with Robert Irvine to revolutionize the restaurant industry,” said Sam Zietz, CEO of GRUBBRR.

“Robert’s expertise and his commitment to the industry and innovation makes him the perfect partner for GRUBBRR as we continue to raise awareness of the benefits of self-ordering technology for restaurant owners and customers alike.”

For more information about the partnership between GRUBBRR and Robert Irvine, or to learn more about GRUBBRR’s self-ordering technology, please visit www.grubbrr.com.

 

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23
Mar, 2023

By Nikki Cabus

Did you know? History & Future of Tech in South Florida started in Boca Raton.

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From Miami Beach to Palm Beach, South Florida is becoming one of the best-known tech hub’s across the country. 

Many cities throughout the state of Florida — now the fastest-growing state in the nation — have been announced as up-and-coming tech hubs. South Florida Tech Hub recently celebrated the birth of the tech scene in South Florida and our region’s continued innovation at the “History & Future of Tech in South Florida” event held at the Boca Raton Innovation Campus. 

Guests at the event enjoyed a blast from the past as we explored the era of IBM’s first PC, the ground-breaking research being done, and the thousands of patents and inventions still driving technology today. We heard from some of the original OGs of South Florida tech and former IBM employees – where they went, what they built, and where they are now.

ABOUT THE VENUE

South Florida holds a major piece of tech history right in the heart of Boca Raton. Designed by iconic architect Marcel Breuer, the Boca Raton Innovation Campus, or “BRIC,” was IBM’s North American Research and Development facility in the 1960s.

BRIC is home to the invention of the first personal computer. IBM’s own PC (IBM 5150) was introduced in August 1981, only a year after corporate executives gave the go-ahead to Bill Lowe, the lab director in the company’s Boca Raton facilities. He set up a task force that developed the proposal for the first IBM PC.

As home to the invention of their first personal computer, one might argue that the future of tech in South Florida began here!

The office park has been significantly upgraded since Crocker Partners acquired the property in 2018.What began as an outpost for IBM’s R&D and became the birthplace of the PC is now a state-of-the-art office park that is a magnet for forward thinkers in technology and life sciences. There is a growing roster of entrepreneurs, visionaries and global enterprises who have chosen BRIC as their stomping grounds.

Today, at 1.7 million square feet, BRIC is the largest single-office facility in the state of Florida. BRiC consists of three interconnected facilities located on 123-acres of beautifully maintained land with a lake situated in the center of the property, offering supreme office views and walking paths. CP Group, formerly known as Crocker Partners, has a massive vision of building off its innovative past and evolving the campus into the premier technology and life sciences hub in the Southeast.

Among the future featured amenities, there will be a Science Technology Engineering Art and Technology (STEAM) lab and coworking space, presentation hall that seats up to 1,000 to host science and technology trade shows, TedX events, coding camps and community events, a wellness center, including on-site salon, medical center and massage therapy and so much more. The renovations and construction have already begun. 

Oh, and BRIC is also home to the longest hallway in America coming in at 907 feet. For comparison, the Statue of Liberty is 305 feet tall, the Gateway Arch is 630 feet and the Golden Gate Bridge stands at 746 feet in height.

 

ABOUT THE KEYNOTE

The event started with a special keynote by Dr. Dave Bradley, or “Dr. Dave,” one of the twelve engineers who worked on the original IBM PC. He is famously known for developing the computer’s ROM BIOS code and for implementing the “Control-Alt-Delete” key combination used to reboot the computer. In his speech, he shared insights on early IBM marketing, the release of the first personal computer, working with Bill Gates, and other significant inventions.

Although internationally know for being the inventor of CTRL-ALT-DELETE, he doesn’t think this is his biggest contribution to to computing history. He’s proud that he created something became so popular, but knows that this is minimal to some of the other development work having been done in IBMs early days.

Bradley described the time that he helped with a sales pitch to the Rose Hulman Institute of Technology, aiming to convince them to use personal computers as part of their instruction. They showed a demo program allowing the user to pick a song, which is then played on the two-and-a-quarter-inch speaker. However, there were 30 people in the room. They came up with the idea to plug in a guitar amplifier into the cassette cord. Then, no matter what song the user chooses, The Stars and Stripes Forever is played. They made the sale.

During testing of the IBM PC, Bradley frequently had to power the computer off, wait a few seconds, and turn it back on. As a result, he decided to make a shortcut: CTRL + ALT + DELETE. This was never supposed to be used in production, but then the publications team found out about it. They were trying to tell people how to start up a program, and they found the answer with the keyboard shortcut. It took Bradley five minutes to create and has since become an essential element of the user experience and even a “cultural icon”.

After the success of the IBM PC, thousands of IBM employees started working on the PS/2 family of products in Boca Raton. They took up so much office space, and even expanded into the Boca Raton mall where a department store went out of business. Bradley remarked that IBM filled all of Boca Raton in order to get the PC developed.

 

 

PANEL DISCUSSIONS

The evening’s agenda featured two panel discussions focused on the history and future of South Florida’s tech ecosystem and featured some of the trailblazers of modern technology.

The goal of the event was to educate the community about South Florida’s history in tech and innovation, honor some of the former IBMers who made huge strides back in the 80s, 90s and 2000s allowing the rest of the tech community to flourish today, and showcase what many of these technology leaders are doing currently.

Many people have no idea the original IBM PC was even born in South Florida, the fact that the company has thousands of patents that a huge percentage of current tech companies use, or that these tech professionals didn’t just stop innovating after they left IBM.

IBM patents range from the ATM to e-commerce, speech recognition technology, two-nanometer chips, the UPC bar code, Lasik laser eye surgery technology, screen rotation technology, “siesta” or sleep mode on the computer screen (Pete Martinez), quantum computing and so much more!

Now, the future of IBM is cloud, AI and quantum computing.

 

 

PANEL: History of Tech

The history of technology panel discussion was moderated by Pete Martinez, former IBM executive and founder of Sivotec and RaiseLink. Panelists included Chris Fleck, a former IBM executive and Vice President and Tech Fellow at Citrix, Maria Hernandez, a former Chief Innovation Officer-LATAM at IBM and CEO of InnoGuia, and Nick Savage, a former Senior NLS Developer at IBM, entrepreneur, and Digital Inclusion Director at CPSF. Each speaker transformed from working at IBM to executive roles or founding their own companies.

Each former IBM employee shared stories of their experiences at IBM, the culture around innovation they created, and some of the forward-thinking projects they were a part of at the time.

  • Hernandez was a developer on IBM’s airline reservation system in 1985, which, believe it or not, is still in use as a main system today. She also served as the technical assistant to the senior vice president of research. Her job was to help take research projects to the market faster. Hernandez helped train the voice control in cars’ natural language processing algorithm. She worked with Modernizing Medicine to introduce IBM Watson and AI to the healthcare industry.
  • Savage was a Senior Systems Engineer & Product Manager helping to develop the disk operating system (DOS) and modernize the keyboard into a software app. Savage remarked that he knew he was at the forefront of something great. He helped design SQL (Structured Query Language), and all the products building off of the operating system. Savage was in biweekly meetings with Bill Gates, Steven Ballmer, and Paul Allen. Savage was asked to escort the IBM Personal Computer AT to its announcement in New York. The AT computers took up three first-class seats.
  • Fleck was a Business Unit Executive at IBM, working on mainframe manufacturing. Fleck turned a lot of IBM technology into commercial offerings, such as IBM branded robots and industrial computers.
  • Martinez described his department in IBM working long hours on the original PCs and being given special permission from IBM to break the rules, to not conform to the old standard of five years of product development and three years of testing. They became a favorite of the company, which came with respect, but also responsibility. Failure was not an option. Martinez used the RISC chip (reduced instruction set computing), which was very fast, allowing a PC to act like a supercomputer. He and his team worked with the Center for Missing and Exploited Children to do the age progression of children who had been missing for years. This process would take around two weeks for a skilled agent to do manually, but the IBM team reduced this to about an hour. This led to an increase from a 46% to a 78% recovery rate in a year.

PANEL: Future of Tech

The future of technology panel was moderated by Nikki Cabus, CEO of South Florida Tech Hub. Panelists included Pete Martinez (above) , Vanessa Michelini, a former Distinguished Engineer and Chief Technologist at IBM and Senior Director of Engineering at Natera, Mark Smith, a former VP and Senior Partner at IBM and President of OZ Digital Consulting, and Ania Rodriguez, a former UX Consultant at IBM and CEO of JourneyTrack.

Panelists discussed the biggest contributions of South Florida’s tech industry, the largest enterprises, the coolest startups, and companies that made an impact in the industry.

  • After working at IBM, Martinez decided to dedicate his next stage in life to improving the human condition, primarily in health and education. He created a number of companies, primarily in the AI space, starting with biotech and genomics. Martinez also co-founded a fintech company called RaiseLink, which uses a matching engine to link investors with startup opportunities, supported by AI technology.
  • Michelini worked on applying speech recognition technology to the industry at IBM before moving on to the genomics space. She worked on a project called Watson Genomics, which focused on using artificial intelligence and data analytics to interpret genomics in clinical oncology. Michelini fell in love with the mission of helping people through the combination of biology and technology. She joined Natera, a company dedicated to using genomics to interpret oncology, prenatal care, and organ transplants, after leaving IBM.
  • Rodriguez started at IBM in 2000, where she worked on building user experience and front-end interfaces, which she excelled at, particularly in accounts that were struggling with their technology. She also mentioned being part of a program for top ten women at IBM, which allowed her to meet many influential people. Rodriguez started her own consulting firm, which ended up being one of South Florida’s top women-led businesses. Rodriguez’s firm works with Fortune 500 companies to help optimize their digital transformations by focusing on the strategy behind it, rather than the design. Rodriguez also shared her recent successful venture into SaaS (Software as a service) product creation. However, she has had some difficulties with fundraising, particularly as a woman in the industry.
  • Smith worked in the management consulting group at IBM and focused on digital transformation, using artificial intelligence. He also worked on commercializing Watson’s natural language processing capabilities to help clients digitize unstructured data in the insurance industry. The main struggle was to attain trust in the data and algorithm. Now with OZ Digital Consulting (the food sponsor of the evening!), Smith works with startups to help them leverage emerging technologies and solve business gaps. Smith believes that startups are often at the forefront of innovation and offer valuable insights on how to use emerging technologies.

For almost 30 years, IBM led the United States in producing patents and in its pinnacle year filing over 10,000 US patent applications just that year. That’s more than any other tech company including companies like Google, Apple and Microsoft. These patents generate around $3 billion per year. They do not need to build products anymore, instead, they license them. Therefore, IBM technology is used extensively behind the scenes.

That all changed in 2022 – the first time since 1993 that IBM didn’t claim the top spot on the list of companies with the most U.S. patents. That was completely intentional though. IBM decided that they no longer aimed to be the leader in patent creation, but in innovations in hybrid cloud, artificial intelligence and quantum computing. IBM has been opening collaborating with competitors in an effort to further innovation. IBM has re-focused.

OUR EVENT PARTNERS

The Boca Raton Historical Society Martinez made a patent called siesta mode, which turns off the monitor when it is not used for a period of time. exhibited a working original IBM personal computer at the event which was a treat for our younger attendees who probably hadn’t seen one in real life. It sure captured some of their attention.

 

Brian Callanan from Callanan Financial Advisors opened with a sponsor message telling his story of “1995’s spring break capitol of the world” in Ft. Lauderdale as a college student to relocating back to South Florida years later during a time when the internet and technology industry was rapidly evolving, with companies like Microsoft, Craigslist, Match.com, Amazon, and eBay emerging as major players. Only 12 million people, or 3% of Americans, had logged onto the World Wide Web at that time.

Callanan initially sold telephone systems, voicemail, and data networks before getting involved in the technology community. He was introduced to an organization by a direct competitor and began attending meetings with a small group of like-minded individuals to stay on top of the latest developments. As the group grew in size and influence, Callanan became increasingly involved in regional technology initiatives, eventually serving as president of the South Florida Telecom Forum which was later acquired by SFTA and then by South Florida Tech Hub.

Callanan shared some insights on the current market trends for platform acquisitions. Private equity firms are the main financiers in this space and are actively seeking businesses in the tech and skilled labor sectors. Callanan emphasized the importance of having scalable, bankable profits and transferable value for companies to be considered exit-ready. He also mentioned the importance of effective communication among professionals to avoid costly mistakes. In addition, Callanan encouraged a regional approach to promoting South Florida’s tech ecosystem applauding the work of South Florida Tech Hug, highlighting the potential benefits for all businesses in the area.

The event was a great success, and attendees had the opportunity to learn about the journey of South Florida’s tech industry, its pioneers, and its future. Thank you to our sponsors and partners: Callanan Financial Advisors, OZ Digital Consulting, Boca Raton Innovation Campus, The Boca Raton Historical Society, Dr. Dave and all our panelists.

See event photos here. 📸

To stay updated with future events, tech news and startup resources, make sure to subscribe to our weekly newsletter.

 

This article was written in collaboration between South Florida Tech Hub and Tech Hub volunteer, Adam Elitzur. To read his full article, click here.
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14
Mar, 2023

By Nikki Cabus

Techstrong supports diversity in tech; the next Engineer The Change scholarship recipient announced

Read Time 5 Minutes

Techstrong Group has teamed up with Boca Code once again to award another ‘Engineer the Change’ scholarship to help foster diversity in South Florida tech talent pool and empower individuals from underserved communities to develop the skills needed to succeed in the industry.

The scholarship is awarded twice per year, once in the spring and once in the fall. Winners receive $10,000 each to put toward Boca Code’s Software Engineering Course. The 10-week intensive coding bootcamp combines theory and hands-on, project-based learning that prepares the students for a career in software engineering. Boca Code offers adults comprehensive training in software development using real projects for real companies to best prepare you for and help place you in a career in the tech industry.

Our Engineer The Change scholarship recipient for the Spring 2023 cohort is . . . Camila Sandoval!

Camila was born in Colombia, South America in a small town where tragedy struck her family early on. With the support of her grandmother who taught her English and her mother who instilled strong values and a love for mathematics, Camila was driven to pursue a degree in biomedical engineering where she took two programming classes that ignited her interest in coding. She then realized she wanted to dedicate her career to developing medical software. With few opportunities in Colombia in this field, she moved to South Florida, a state known for healthcare and innovation.

Moving to the United States presented several challenges, including a lack of connections, her degree not being recognized, and having to prioritize finding a job to cover my basic needs over prioritizing her education. She continued self-taught online bootcamps where she discovered Boca Code and the “Engineer the Change” scholarship opportunity. She knew this was her next step.

Camila has a great desire to help others and much of that stems from her own personal experiences. She believes these opportunities should be available to everyone no matter there background or circumstances.

Upon winning, Camila told South Florida Tech Hub, “As an immigrant, winning the Engineer the Change Scholarship means more than just having the financial support to achieve my goals. It also provides me with the opportunity to join an industry that transforms the world. I am grateful for the chance to contribute my unique perspective and inspire others who may be facing similar challenges.”

Congratulations, Camila, we are all rooting for you!

The Engineer the Change scholarships combine two goals that are core to Techstrong Group:

  1. Doing their part to make South Florida a world-class hub for the tech industry and
  2. Providing opportunities for individuals from underrepresented communities to acquire the skills they need for a successful career in tech.

Techstrong Group is a media company and the power source for people and technology accelerating understanding of technologies that drive business by serving the needs of IT leaders and practitioners with news, research, analysis, events, education, certifications and professional development. Their focus is digital transformation, DevOps, cybersecurity, cloud and cloud-native under brands such as Techstrong Media, Techstrong Associations, Techstrong Research, Techstrong Learning and Techstrong Live!

“We are proud to continue our partnership with Boca Code to support and empower talented individuals who are seeking opportunities for growth and have demonstrated a deep commitment to pursuing a career in IT,” said Alan Shimel, founder and CEO at Techstrong Group. The scholarship will be awarded to the most deserving student whose application shows a genuine interest in technology and demonstrates the potential to be a future leader.”

Research shows a staggering lack of diversity in STEM fields, most noticeably within computer and engineering positions. It is a glaring workforce disparity that requires both recognition and responsibility from those at the highest levels in the tech world to create a more diverse and equitable workforce.

To be eligible, applicants must be over the age of 18 and be part of an underrepresented community (i.e. women, African Americans, Hispanic Americans, Native Americans or other minority groups). To be considered, applicants will are required to submit an essay (minimum of 500 words in length) detailing how they can serve as a role model to other disadvantaged individuals hoping to acquire the skills to become successful tech workers and what type of career in the tech industry they are hoping to pursue.

While the idea is to help the South Florida tech community, applicants can apply from anywhere as long as their essay explains why they are coming to South Florida to launch their tech career.

Boca Code CEO Todd Albert told South Florida Tech Hub that ‘The scholarship has a huge impact because we have been able to help students that would otherwise not have been able to afford to attend. We’ve given 8 students the opportunity to change their lives and have a better future for them and their families.”

“Techstrong is an amazing partner and shares our passion for making the tech community even more diverse,” he continued.

“It is important to us that we seize every opportunity to help foster diversity and inclusivity within the tech industry, and the Engineer the Change scholarship is a great start to empowering disadvantaged minorities within the South Florida community to grow their technical skill set.”

Unlike other code schools where students work on dummy projects, Boca Code partners with real companies to give our students real life resume-worthy projects to work on that not only build their portfolio, but give them meaningful experiences. Their curriculum is designed by professional educators and senior developers.

Additionally, scholarship winners are featured in the ‘Engineering the Change’ video series, produced by Techstrong Group, which follows the recipients on their journey to become software engineers. From the highs to the lows, you can get a view into what these software engineering students are facing.

Additional Resources

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22
Feb, 2023

By Nikki Cabus

FAU Tech Runway announces Venture Class 11 companies

Read Time 6 Minutes

FAU Tech Runway® just announced the 20 companies accepted into the 11th cohort of its Venture Program.

The Venture Program provides the most promising startups and talented entrepreneurs in South Florida with an opportunity to join a year-long program that offers resources from FAU’s Innovation and Business Development pipeline, entrepreneurial instruction, structured team-based mentoring, networking, marketing and capital-raising assistance, co-working space, events, intern support, and other vital programs. This program will run February – December

Companies accepted into the Venture Program must have strategic alignment with FAU’s research focus areas, including drone technologies; educational technologies; environmental science; marine science; ocean engineering; neuroscience; healthy aging; big data analytics; artificial intelligence; machine learning; cyber security; sensing; and smart systems.

“The program has been a tremendous help in many founders’ journeys, and when we joined the program, we were a one-person company with an idea,” stated Saida Florexil, Venture Class 8 alumnus and Co-Founder & CEO of Imanyco, a company aiming to improve communication accessibility for people with hearing loss.

“By the time we graduated, we had built a team, and a product, raised funds, and we were able to work with some of the world’s largest companies. The mentorship, resources, and support that we received were incredibly valuable to our journey.”

At Tech Runway, experts have created a program that harnesses and directs the entrepreneurial spirit, providing a complete ecosystem for forward-thinking entrepreneurs, innovative students, faculty, alumni and the community. Program participants receive more than $100,000 in resources and services, including but not limited to mentoring, entrepreneurial education, introductions to early-stage capital, pitch practice opportunities, networking, co-working space and much more. Applications are opened twice a year to be accepted into the Venture Program.

Jessica Beaver, Associate Director of FAU Tech Runway, told South Florida Tech Hub that as the region continues to grow as national leader for tech and business that they have seen more of a need for startup resources as startups flock to the area.

“Due to a high demand, FAU Tech Runway has committed to providing our area two cohorts each year versus only one. This is the second cohort of the year allowing us to serve 40 companies, doubling the amount of startups served in previous years.”

From smart sensors to a fitness app to a decorative planter box company, this cohort has it all. “We are excited about the mix of students, faculty, and community in this cohort and the interesting combination of both SaaS-based and physical products.”

Jessica also noted that they have seen an influx in AI-driven startups. “It’s certainly becoming more prevalent as the tech industry continues to transform. AI is becoming more and more of a common trend with the companies that apply.”

Venture Class 11 participants joined a robust community of fellow entrepreneurs, mentors, investors, instructors and top-level support professionals. They have a lot of work ahead of them, but having the right community supporting them is the best first step. FAU Tech Runway® is a public-private partnership formed to incubate and accelerate early-stage technology-based companies, under the purview of FAU’s Division of Research. Applications for the next cycle of the Venture Program will open on March 3.

The 20 companies in Venture Class 11 are:

  • ADAM Rehabilitation sells dynamic performance braces and expert-level training services to individuals with full functional abilities or disabilities, to help them achieve safer and stronger joints.
  • AskDaddysaurus is a media-based avatar targeted at new parents to provide fun, engaging and accessible childcare content to save time and energy, increase efficiency and build confidence as a new caregiver.
  • AskTakeGo Inc (ATG) is a startup based in Fort Lauderdale, engaged in the development of software for the heavy construction equipment industry.
  • Carevocacy is a learning platform aimed at the elderly population that provides 1:1 online tutoring and classes that address social determinants of health, bridge the digital literacy gap, and offer opportunities to be competitive in the workplace.
  • Enchanted Wave is a Florida-based tech startup that has developed a brainwave-sensing headband and its companion mobile apps for research use, in the field of sleep and cognitive studies and sport performances.
  • EpiPaws is developing epigenetic biomarkers for age and health to improve pet healthcare and increase pet longevity. Its first product, the Pet Age Test, estimates age in dogs and cats from a simple mouth swab.
  • Esther.ai is a cloud-based Artificial Intelligence (AI) application that will disrupt the application development market. Esther.ai’s objective is to reduce testing time and budget from weeks to hours post-development.
  • Fair Witness Technologies (a DBA of ANV Services LLC) offers a self-authenticating digital document format that is the core element of an integrated ecosystem of technology tools. This new, open-source format creates persistent authenticity.
  • Fitnessatyourdoor is a software as a service (SaaS) marketplace that matches trainers and clients and uses data to make recommendations to both parties to improve their results.
  • K Executive Solutions Inc. is a virtual assisting agency that helps business owners and busy professionals streamline their administration tasks, handling the busy work so clients can focus on what matters the most to them.
  • MedAI/SmartBioSense has developed an AI-driven decision support system that helps build a model to understand how well we can predict mortality, ICU admission, and mechanical ventilation for patients hospitalized with COVID-19.
  • Modern Trials Inc. partners with health care organizations and leverages electronic health care data to identify patients in need of advanced treatment options and match them with appropriate clinical trial opportunities.
  • My Autoimmune LLC empowers individuals with autoimmune conditions to take ownership of their health and well-being using holistic methods. It connects individuals with a trusted network of holistic health professionals and evidence-informed research.
  • Parking Genie provides an innovative peer-to-peer business concept to revolutionize how consumers park cars and store boats. Through a digital listing, homeowners can create passive income and customers can search – then pay in advance – for parking.
  • Primary AI is building a patient-centric data-sharing ecosystem in health care and medicine. Its primary goal is to bridge the gap between patients, providers and scientific research.
  • RaiseLink provides startups and startup ecosystem partners with instant matching based on personalized algorithms. Education, business planning and feedback features enhance user engagement, keeping data fresh and accurate.
  • RedeLit’s mission is to redefine literature to help people fall in love with reading, learn how to write/read in a fun way, and bring an increase to literacy percentages in the USA – and the world – so people have a better quality of life.
  • ScreenPlanter LLC is a decorative planter box for horizontal beams of screen enclosures. No tools are required as the company uses ScreenExtender™ brackets. Boxes measuring 2 feet, 4 feet, 6 feet, or a Corner ScreenPlanter™ are available.
  • Show Agents connects overbooked realtors to local licensed showing assistants that can show properties on their behalf, similar to that of Uber for realtors.
  • SyncData Inc. is a compliance tech SaaS company that automates compliance norms like ISO’s with the use of AI.

Pete Martinez, Founder and Chairman of RaiseLink, an intelligent platform for investors and startups, is one of the recently accepted Venture Class 11 cohort members. Although a long time techie and former IBM executive, Pete still understood the importance of programs like FAU Tech Runway.

“We felt it was critical that we walk in the shoes of the startup and go through all the education a startup goes through. FAU’s Venture Program is providing great insight which will in turn make us and our platform even better.”

For more information on FAU Tech Runway®, visit techrunway.fau.edu.

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05
Feb, 2023

By Nikki Cabus

CP Group announces 17,786 sf of new flexible office suites in Boca Raton, includes a leading VC firm

Read Time 4 Minutes

CP Group, the largest office landlord in Florida and prominent owner-operator of office properties throughout the Sunbelt, today announced five new leasing agreements at Two Town Center — a 145,344-square-foot, 11-floor Class A office tower in Boca Raton, FL.

This leasing momentum includes five new tenants which will occupy 17,786 sf of newly constructed flexible office suites developed at the building as part of CP Group’s flexible workspace offering, worCPlaces.

The new tenants include:

  • Related Fund Management, a national real estate and credit investment management firm.
  • RRE Ventures, a leading venture capital firm represented by John Criddle with CBRE.
  • BMO Harris Bank, a national investment banking company represented by Bob Schneiderman of Colliers of Florida.
  • Cordoba Legal Group, a Boca Raton-based law firm represented by Mark Rubin and Jake Stauber of Colliers of Florida.
  • The Praedium Group, a real estate investment firm focused on middle-market, underperforming, and undervalued assets. They were represented by Richard Shay Coker of Douglas Elliman.

One notable new tenant is RRE Ventures, an early-stage venture capital firm headquartered in New York City focused on investing in tech enabled ventures.

Harvard Business School classmates, Stuart Ellman and James D. Robinson IV, founded RRE Ventures in 1994 with Robinson’s father, James D. Robinson III, former Chairman and CEO of American Express Company from 1977 to 1993.

RRE Ventures primarily invests in seed, series A and series B rounds and focuses on companies operating in the software, internet, communications, aerospace, robotics, 3D printing and financial services sectors.

According to General Partner, Jason Black, in a September 2022 RRE blog post, “RRE Ventures has been a leading venture capital firm in New York with nearly $2.5B under management and +400 portfolio companies. With over 25 IPOs and dozens of trade sales through the years, there is a lot going on at any given time.”

“Recent well-known companies include Datadog, Venmo, Braintree, DCG, Noom, Kindbody, Spring Health, Olo, and BuzzFeed, among many other category-defining businesses. We pride ourselves not only on investing in great entrepreneurs and delivering stellar returns to our LPs but also on being supportive partners to our portfolio companies and active members of the venture community.”

Since it’s inception, RRE Ventures has been seeking out and partnering with extraordinary entrepreneurs who seek to disrupt and transform industries using technology. The company has often been on the forefront of new innovations and industry-leading investments such as their first crypto investment in 2013.

Although RRE invest across the United States and in select overseas geographies, they view New York’s burgeoning innovation economy as critically important to the creation of the next wave of large technology companies. They have been one of New York Metro regions most active investors. Now, they are bringing their expertise, connections, and funding to South Florida.

South Florida, specifically Boca Raton, has been one of the most sought out areas in the region for new office space for investors, real estate and law firms, and finance companies. The CP Group is already underway on construction of another full floor of spec suites, which will deliver six more suites ranging from 1,714 to 3,212 square feet. Construction is expected to be completed by summer 2023.

“This leasing momentum is proof of the high demand for next-generation, flexible work environments in today’s office market,” said John Osborne, Senior Vice President at CP Group.

“We’re proud to bring worCPlaces to the Boca Raton market to meet the changing needs of premier tenants like these and look forward to offering them first class amenities on and off-site, including the nearly completing Restaurant Row adjacent to the building.”

Restaurant Row, Boca Raton’s first ever restaurant-driven complex initially designed by CP Group and later sold to PEBB Enterprises, sits directly in front of Two Town Center, and is expected to open this year. The four-restaurant complex will include El Camino, Pubbelly Sushi, Fiolina Pasta House, and Shabibi, a Lebanese-inspired eatery from chef and “Hell’s Kitchen” runner-up Ralph Pagano.

Two Town Center is one of the market’s tallest buildings and offers sweeping views of Boca Raton. It boasts a newly renovated lobby and common areas, along with floor-to-ceiling windows, a full-time Tenant Services Coordinator, an incoming café, and covered parking. The building is also WELL Health-Safety Rated.

The property’s prime location in Boca Raton offers tenants immediate access to I-95 and the city’s business corridor. Adjacent to the renowned Town Center Mall, Glades Plaza, Boca Center, and incoming Restaurant Row, the property is within walking distance to dozens of restaurants, hotels, and boutiques.

To learn more about the property, visit twotowncenterboca.com

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09
Oct, 2022

By Nikki Cabus

2 tech companies join Boca Raton Innovation Campus including autonomous vehicles

Read Time 2 Minutes

The Boca Raton Innovation Campus, or “BRIC.” is welcoming two tech companies to it’s list of technology and life science tenants” autonomous vehicle startup, Guidant Corp., and cybersecurity firm, Arete.

Guident Corp developed patented software solutions utilizing artificial intelligence technologies for making autonomous vehicles safer and in turn increasing overall adoption. Harald Braun, Chairman and CEO of Guidant, brings decades of experience with him including formerly the President and CEO at Nokia Siemens North America and being recognized as one of America’s “Top 100 Voices of the IP Communications Industry” by Internet Telephony magazine. Additionally, Guidant’s board of directors includes a team of experts from companies such as Aviat Networks, Audi, Ford, General Motors, Volkswagen and ZipCar.

The startup will relocate from Florida Atlantic University’s Tech Runway where they won the annual Launch Competition in 2020. FAU Tech Runway® is a public-private partnership formed to incubate and accelerate early-stage technology-based companies, under the purview of FAU’s Division of Research.  The incubator/accelerator provides the most promising startups and talented entrepreneurs in South Florida with an opportunity to join a year-long program that offers competition winners “best-in-class” instruction, mentoring, networking, marketing, capital-raising assistance, co-working space, events, intern support and other vital programs.

A panel of judges, including successful entrepreneurs, technology investors, entrepreneurship professors, economic development professionals, philanthropists, and commercial bankers selected Guident Ltd. as the winner of the competition. The judges were convinced that the company creating a Remote Monitoring and Control Center in Florida for autonomous vehicles (AVs) applying artificial intelligence, and their first use-case for ‘zero-touch’ ground-based delivery of groceries and medicines, would be the right choice to create significant value in South Florida and nationwide.

The Boca Raton Innovation Campus is the home of the first IBM personal computer and research hub. It’s the largest single facility office building in the state at 1.7 million square feet, 123 acres and includes the country’s longest hallway at a length of 907 feet long. ‘CP Group, formerly Crocker Partners, acquired BRiC in 2018 with the vision of building off its innovative past and evolve the campus, through a multimillion dollar renovation project, into the premier technology and life sciences hub in the Southeast’ competing with Silicon Valley and bring more technology companies to South Florida. The campus is currently home to some big name tech and life science companies such as ModMed, Canon, Bluegreen Vacations and Baptist Health South Florida.

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12
Apr, 2022

By Riley Kaminer

Endeavor launches new program to accelerate the growth of early-stage companies in Boca Raton

Read Time 3 Minutes

The Miami branch of Endeavor, a global community of high-impact founders, has announced a partnership with the City of Boca Raton’s Office of Economic Development. Endeavor Miami’s second EndeavorLAB cohort of the year will focus on local entrepreneurs from Boca Raton.

Through this two-month accelerated growth program, Boca-based founders will be able to take advantage of Endeavor Miami’s community of founders and experts, while gaining insights on how they can scale their business.

“We are extremely happy to partner with the City of Boca Raton Office of Economic Development on this regionally specific program,” said Claudia Durán, Endeavor Miami’s Managing Director. 

“Boca Raton has always been a hotbed for entrepreneurial success with many large-scale companies headquartered in the city,” continued Durán. The Endeavor Miami team also noted that Boca Raton was where IBM developed the first computer and is the headquarters of major companies including Celsius, VitaCost, Orangetheory Fitness, Misfits Gaming, and Modernizing Medicine.

“Boca Raton is excited to partner with Endeavor to propel our robust and thriving tech ecosystem,” commented Scott Singer, Mayor of Boca Raton. “We look forward to working to build on our rich history of innovation and accelerate our exciting future.” 

To apply to EndeavorLAB, companies must have product-market fit and must be generating between $50K and $500K in annual revenue. The program is industry agnostic, but Endeavor Miami is looking for companies with solutions that are tech-enabled and not service-based. The deadline to apply is Saturday, May 2nd at 11:59pm ET.

The program has four stages. Stage 1 is the application phase, in which a select group of potential participants will interview with Endeavor Miami’s staff. Next, companies will go through a diagnostic x-ray to help determine how they can make the most of the program. In stage 3, companies take part in five weeks of group modules and 1-1 mentorship sessions. Finally, participants pitch to a panel of judges – including investors – during a demo day. Along the way, founders will have access to ecosystem guides, digital discounts, and founder resources.

Rebecca Negro Rocha, Junior Manager of Growth Programs at Endeavor Miami, told South Florida Tech Hub that this program will play an important role in coalescing our tri-county region of tech entrepreneurs. 

“We think it’s really important to unite our South Florida region when it comes to entrepreneurship, rather than work in silos in each of our counties,” said Rocha. “Since Endeavor is a global organization, we think this will be a great opportunity to show how it is possible to work across county lines and continue building bridges in our ecosystem.”

Endeavor Miami is also running a handful of other programs relevant to South Florida founders. They are collaborating with Dell for Startups on a program for Black-led companies (applications open until Sunday, June 5th at 11:59pm ET). And a cohort of climate tech and clean tech companies, supported by Silicon Valley Bank, is currently in motion, with a demo day scheduled for May 5th.

Are you interested in applying to EndeavorLAB? Learn more by watching a recording of the program’s launch event, read more from Endeavor Miami, or click here to apply.

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15
Mar, 2022

By Riley Kaminer

Member Spotlight | Boca Raton Innovation Campus

Read Time 3 Minutes

Business: Provides office space and fosters a community among innovators in the South Florida tech ecosystem

Launched: Originally built in the 1960s, upgraded in 2005 and 2018

Location: Boca Raton

Size: 1.7 million square-foot campus situated on 123 acres; 36 tenants with a cumulative 6,000 employees

Website: WorkAtBRiC.com

Innovation rarely happens in isolation. Collaboration is key – bringing together people with different backgrounds, perspectives, and expertise to catalyze and crystalize the next big idea.

The Boca Raton Innovation Campus (BRiC) aims to be the nexus for collaboration in South Florida and beyond. The office park is known for its iconic modernist style, designed by world-renowned Bauhaus architect Marcel Breuer. 

The facilities were originally built for IBM, and it was on this site in 1981 that the world’s first personal computer was invented. Now it houses a wide range of South Florida’s most innovative firms, from local healthtech success story Modernizing Medicine to photography pioneer Canon.

Giana Pacinelli, Marketing Director for CP Group, the landlord and property management team for BRiC, explained their goal of “taking BRiC’s history and bringing it to the future.” She said that CP Group aims to harness the campus’s storied past as a space for innovation while also providing the amenities that will impress even the most discerning tenants.

Pacinelli noted BRiC’s “Google-style” facilities, including a lush campus with seven miles of walking paths and amenities like a dining hall that converts into a 1,000-person capacity presentation hall, two coffee shops, and a recently-renovated fitness center. Soon, they plan to open an autonomous grab-and-go store that will enable workers to purchase staples like bread and produce through a completely contactless system.

Currently, BRiC is zoned strictly for commercial office use. However, Pacinelli explained that they are now working with the city to rezone the campus to make it a “true live-work-play ecosystem.” The vision is to create a 15-minute city that residents can walk around and access everything they need – from work and living spaces to medical facilities and restaurants.

“In order to do all of that, we need to rezone BRiC,” said Pacinelli, underscoring the property’s interest in attracting big businesses and international meetings.

CP Group has put together a campaign to connect with the community. By visiting WorkAtBRiC.com/Support, Boca Raton residents can sign a letter to show their support for BRiC’s plans. Through this link, neighbors can also schedule a tour of the campus.

While work for home became a daily reality for many South Floridians during the pandemic, Pacinelli said that CP Group is “bullish that people will return to the office.” She evidenced the recent uptick in employees returning to the office as a signal that trend of workers returning to the office will continue

“Work has successfully invaded our personal lives,” she explained, noting that heading to an office can help create much-needed barriers between work and personal lives. Many of BRiC’s tenants have refreshed their workspaces to include more spaces for collaboration. BRiC also has imminent plans to unveil a co-working space later this year.

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06
May, 2019

By Nancy Dahlberg

Member Spotlight | BRIC

Read Time 4 Minutes

What is BRIC? Boca Raton Innovation Campus, on the former site of IBM

Developer: Crocker Partners LLC, a Boca Raton-based real estate company

Website: workatbric.com (check out the events page)

Address: 4920 Conference Way North, Boca Raton

Home to: 36 companies and organizations so far, and counting

Coming soon: $28 million renovation of Amenity Corridor

In the ‘70s and ‘80s, IBM’s research & development campus in Boca Raton bustled with innovation.

The huge office building housed several firsts, most notably as the place where the world first personal computer was invented by Philip “Don” Estridge and his IBM team and introduced to the world in 1981.

It was also home to the first smartphone, Simon, and it was said to be the place where Bill Gates made his notorious licensing deal, licensing his operating system to IBM instead of selling it to them so he could license it to others and become Microsoft. The building itself, featuring a Y-shaped design by architect Marcel Breuer, was considered an engineering marvel for its day when it opened in 1970 and was designed to withstand a Cat-5.

That’s what made the purchase of the office complex in 2018 so special, said Giana Pacinelli, marketing director of Crocker Partners, a commercial real estate company headquartered in Boca Raton. Last April, Crocker purchased the 1.7 million square foot property, which had been expanded over the years and had changed hands a couple of times since IBM sold the property in 1996. It’s now called BRIC, the Boca Raton Innovation Campus.

Crocker has big plans for BRIC as it welcomes today’s new wave of technology innovators.

“Our goal is to take that past and bring it into the future so the campus continues to be a place where innovation happens,” said Pacinelli, adding that the giant office park is now home to 36 companies and organizations, including corporate and regional headquarters.

“We want to make it a destination, not just for the organizations that work on the campus but a destination for the entire community to enjoy, which is why we are partnering with Palm Beach Tech. We are hosting a lot of programming on campus. We have a program board of 11 community leaders that helps us put together programs. We partner with TedX Boca Raton to do speaking events on campus.”

Over the next year or so, BRIC’s Amenity Corridor will undergo a $28 million renovation. The renovated section will  include a STEAM Lab equipped with 3D printers, laser cutters and other equipment. Tenants can rent it out and BRIC will also house programming there for local organizations and schools. Hungry? There will be a food hall with seven  restaurants open to the public and a 1,200-seat dining hall that can also serve as a presentation hall. Also planned is a wellness center with an onsite nurse, two coffee shops and a co-working space. “It’s exciting times for us,” Pacinelli said.

Already, there are inviting outdoor spaces to work or relax, with miles of walking and bike paths, a conference center that can seat up to 400 where events are now held and a fitness center tenants can use. With the renovation will come special studios for yoga, pilates and the like.

Health-tech company Modernizing Medicine relocated its headquarters – and its more than 800 employees – to BRIC in January. BRIC is also home to MobileHelp, MDVIP, Transunion, BlueGreen Vacations and Shoes for Crews, among others. “We are the largest single office facility in the state. … We’ve been moving very quickly,” said Pacinelli.

 “Boca Raton has been Crocker’s home for years. We helped build Mizner Park and Crocker Center – we’ve been around for over 35 years. We want to make this a special place where we can bring technology companies and jobs and really just revitalize the area. The property, when IBM housed it,  was a very closed off, very secretive space, but now we want to open it up to the community.”

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12
Apr, 2017

By Nikki Cabus

FAU Business Plan Competition | April 21st

Read Time < 1 Minute

FAU College of Business is hosting the annual Business Plan Competition on Friday, April 21st

Every year the College of Business,  Adams Center for Entrepreneurship at FAU encourages students, faculty, staff and recent graduates to pitch their innovative ideas for a chance to fund their new ventures!

Prizes:

  • 1st $10,000

  • 2nd $5,000

  • 3rd $2,500

  • Best interdisciplinary team $1,000

  • People’s Choice $1,000

In addition, the winning team will also get legal and business services, space at FAU’s Tech Runway and the opportunity to present their business plan to local angel, venture capital groups and more! Participating students will also gain valuable skills and experiences to be successful.

When? Friday, April 21st 8:45am-2:00pm                            Where? FAU College of Business, OD 101

 

The competition is open to the public but space is limited. RSVP NOW!

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