Tag Archives: business technology

Carnegie Mellon and Lehigh Lead in Launch Of New Program To Bolster Manufacturing Innovation

27 Jun

Finally FastBusiness news from the Finally Fast team

Carnegie Mellon University in collaboration with Lehigh University will manage a new $1 million manufacturing and innovation development program to help foster a renaissance in Pennsylvania manufacturing globally.

“Manufacturing adds more than $75 billion in value each year to our state’s economy, and it is paramount that we do all that we can to grow that sector of our economy,” said Pennsylvania Governor Tom Corbett. “Through partnering with our world-class research institutions, we can provide the tools needed for Pennsylvania companies to create jobs and compete in the global economy.”

The Research for Advanced Manufacturing in Pennsylvania program (RAMP) is funded through the Department of Community and Economic Development’s Discovered in PA – Developed in PA (D2PA) program. The D2PA program, created by the Corbett administration, is designed to build capacity to better support Pennsylvania’s businesses and to spur creativity and innovation in the allocation of economic development services.

The RAMP program is designed to tap the research and innovation capabilities of both CMU and Lehigh and provide technical and economic benefits to the state’s small-, medium- and large-sized manufacturing companies by enabling knowledge transfer, the discovery of new technologies and retention of highly skilled students, according to Matthew A. Sanfilippo, executive director of CMU’s Institute for Complex Engineered Systems (ICES).

RAMP will operate as a competitive funding program that provides small incentive grants (one to one and one-half years in duration) to faculty-led teams at both CMU and Lehigh that engage in short-term innovation projects in cooperation with a Pennsylvania manufacturing company. Each successful RAMP proposal will be awarded between $25,000 and $75,000 to help support graduate students working with successful participating companies.

“This program is designed to help Pennsylvania companies invent and develop advanced manufacturing capabilities to compete in a global marketplace,” said Gary Fedder, ICES director and a professor in the Electrical and Computer Engineering Department and the Robotics Institute.

“Additionally, RAMP will build off the successful history at Lehigh and CMU of partnering with Pennsylvania’s companies and provide a gateway for these companies to tap into the unique technical capabilities that are available at these research universities,” added Richard Sause, director of Lehigh’s ATLSS Engineering Research Center.

The new program falls on the heels of the U.S. government’s tack to forge new ways to collaborate on discovery, commercialization and the building of workforce skills to ensure that advanced manufacturing creates jobs in the United States.

CMU research has shown that moving manufacturing overseas to developing countries can reduce the economic viability of emerging technologies.

“We find that in the case of early-stage industries with immature processes that when U.S. firms shift production from the U.S. to countries like China, the most advanced technologies that were developed in the U.S. no longer pay,” said Erica Fuchs, an assistant professor in the Department of Engineering and Public Policy at Carnegie Mellon. “With changes in the innovation ecosystem over the last few decades, policy and other funding mechanisms to support manufacturing, technology development and commercialization activities by these small- and medium-sized enterprises may be of growing importance to regional and national economic development.”

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Move your business in the right direction with Online Faxing

1 Aug

Business tips from the Finally Fast team

The fax machine has been a key component of business communications for decades. Today, that long-standing technology is being transferred to the modern tool of choice — the Internet — by way of online fax.

An online fax service allows you to send faxes by an Internet-accessible device — whether this be computer, PDA, or iPad–or, vice versa, to send a fax from a traditional fax machine to an Internet-accessible device. The traditional fax machine does not need an Internet connection to send or receive online faxes; online fax service providers perform the necessary conversions and transmissions.

Reasons to switch to Online Faxing

Cost-effectiveness

Sending your faxes over the Internet saves money. The reason is that all you need is an online faxing service provider and a device to access the Internet. In addition, a scanner is an optional tool to allow you to digitize documents that you do not already have stored. The cost of using an online faxing service provider ranges from minimal (generally $10 a month) to free. In addition, you can use a scanner as a tool to digitize documents that you do not already have stored electronically.

Efficiency

The traditional way of sending and receiving faxes requires physically accessing a fax machine and concerning yourself with whether it is operational, and if the line is engaged with other activity, delays in sending or receiving will occur. Online faxing does alleviates those concerns and replace them with the speed and convenience of the Internet.  You can even sent a notice to a recipient’s cell phone, pager, or email to alert them they have a fax waiting. Faxes can even be sent internationally.

The interoperability of online faxing allows any kind of software to be used to send multiple-page faxes that are accessible by Internet device or fax machine. The actual methods of sending online faxes vary from service to service. Some allow faxing through their sites or online interfaces; others enable you to fax by way of a desktop application or right from your email. With the old method of fax transmission, you were limited to one recipient for your fax — not so for online faxing, which allows faxes to be sent to multiple recipients simultaneously.

Security

Your experience with traditional faxing using a fax machine and dedicated telephone line has likely left you wondering at times whether the faxes you sent might have been vulnerable to viewing by persons without a need to see the content. Online faxing reduces that concern by delivering your faxes in encrypted emails directed only to the recipients you specify.

Sustainability

Online faxing is environmentally friendly because it reduces paper and ink usage. Online faxes can be managed entirely through electronic means, editing, annotating, copying and signing. This saves trees as well as physical office storage space.

How to Switch to Online Faxing

Switching to Online Faxing is actually quite easy. First, establish an account with an online faxing service provider. Then send a fax using your Web-based email program to the provider’s interface on their Web site, or on a separate desktop application. If you have a fax number with your local telephone company, you likely can move that number over to an online fax service for use there.

 

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Healthcare Tech Company Digital Assent raises $7.5M in Funding

30 Jun

Business news from the Finally Fast team

Atlanta-based healthcare technology company Digital Assent has announced a  $7.5 million Series B funding round.  The lead investors were Sanan Private Equity, the BIP Opportunities Fund and Buckhead Investment Partners (BIP).  Imlay Investments and BLH Venture Partners, who led the Series A funding earlier this year, also contributed.

“We are pleased to receive this investment and validation from Sanan Private Equity and BIP, along with our existing investors, who clearly recognize the rapidly growing market opportunity we are addressing,” said Andrew Ibbotson, president and CEO of Digital Assent. “Since launching PatientPad, the demand has been tremendous.  It’s now available in doctor’s offices across half of the nation and this funding will help us realize our potential even faster.”

The PatientPad is a wireless touch-screen solution that automates the patient check-in process and delivers targeted health information and advertising to interested patients while they sit in their healthcare provider’s waiting room, exam room or treatment room.

This funding will fuel expansion of the company’s sales, marketing and product development efforts.  Since January, the company has sold nearly 1,500 PatientPads to 175 practices in 25 states to help streamline the patient check-in process.  Ibbotson expects coast-to-coast coverage before the end of the year as Digital Assent aggressively launches the solution in all major metropolitan markets nationwide including Chicago, Dallas, Denver, Los Angeles, Miami, New York, Phoenix, San Francisco and Washington D.C.  To meet the demand, Digital Assent will hire additional field representatives and other staff to support a faster national roll-out.

“Digital Assent’s rapid growth — supported by an adoption rate north of 90 percent — is very impressive considering the company secured its Series A funding just a few months ago.  Clearly this solution is one that is fulfilling a growing marketplace need,” said Chemain Sanan, managing director at Sanan Private Equity.

Founded in 2009, Digital Assent will also use the funding for near-term product enhancements including point-of-care and group coupon offerings delivered via the company’s new PatientCoupons™ deals service. This will permit physicians to offer cost-saving incentives on current or future elective products, services and procedures.

Since launching, PatientPad’s educational and advertising content has been extremely well received by patients.  Current click-through rates for the educational and advertising content delivered through the PatientPad are more than 20 times higher than similar content accessed via Internet search engines.

“Digital Assent’s PatientPad has already proved beneficial on many levels from improving the efficiency of administrative processes to digitizing patient records,” said Mark Buffington, partner at BIP.  “Equally exciting is that the company is operating in three of today’s hottest sectors — healthcare IT, wireless and digital media.”

Legal counsel to the company was provided by Morris, Manning & Martin, LLP.

Ten Terrific Graphic Design Magazines

9 Jun

Business tips from the Finally Fast team

Although there is a bonanza of information on Graphic Design to be found on the web, nothing beats the indepth articles you can find in a traditional print magazine. In addition to their printed editions, some magazines also offer online versions on their websites, and special extra PDF downloads. Here are ten of the best graphic design magazines available.

WebDesigner:

Web Designer is the UK’s premier publication for Graphic Design. Aimed at intermediate and professionals within the 20-35 age bracket, its predominantly tutorial-based format follows includes projects in Dreamweaver, Flash, and Photoshop.

Print:

Print is a bimonthly magazine about visual culture and design. Founded in 1940 by William Edwin Rudge, Print is dedicated to showcasing the extraordinary in design on and off the page. Universally referenced by graphic designers everywhere, Print was recently awarded the top prize from the American Society of Magazine Editors.

Layers Magazine:

Provides in-depth tutorials, cutting-edge techniques, secret tweaks, expert insights, and a wealth of information about the entire Adobe Creative Suite, including InDesign, Illustrator, Photoshop, Acrobat, Lightroom, After Effects, Premiere Pro, Dreamweaver, and Flash. Published six times a year.

Computer Arts:

A staple in any graphic designer’s library, every issue includes extras on a companion disk. Their series of titles include a 3d-focused publication, a Mac-centric magazine, special print focused issues, and an indepth Projects title.

Communication Arts:

A leading trade journal for visual communications. Well-respected annual juried competitions, and in-depth profiles.

CMYK:

Tons of content from emerging designers and artists appear in this quarterly, along with insight from professionals. Great award winning design inspiration and coverage from a wide range of sources.

.Net:

.net is the world’s best-selling magazine for web designers and developers. As well as a host of great features, .net magazine also includes more than 30 pages of tutorials each issue, covering topics such as CSS, PHP, Flash, JavaScript, web graphics, and more. Each issue also includes containing an hour of video projects, full software, templates, and tutorial files.

How:

Profiles of professionals and useful information on the business of design in every issue

I.D.:

Looking for cutting-edge design from every discipline? Insight into what drives the hottest design trends? Unique coverage of the world’s best designers? Then discover I.D. and get the one design magazine that covers it all: concepts, products, environments, interactive, furniture, and more. Published since 1954, I.D. Magazine is America’s leading critical magazine covering the art, business, and culture of design. Winner of five National Magazine Awards, the publication appears seven times a year. Issues include the Annual Design Review as well as the I.D. 40, and Design + Business.

Eye:

An eclectic quarterly for anyone interested in informed, critical articles about graphic design and visual culture.

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