Accelerator Centre – Page 5

This post originally appeared in Techvibes

Waterloo-based Axonify, an e-learning platform that uses games and incentives to make corporate learning fun, ended 2015 with a staggering $10 millin in annual recurring revenue, doubling that number from the beginning of the year and growing from a team of around 30 to 60.

Of top importance to CEO and startup veteran Carol Leaman, however, is that they did so without losing their internal culture, and she says her focus remains on making that a priority as they add an estimated 35 more new employees over the upcoming year.

“I think that one of the critical elements is for me to stay very closely attached with the staff,” says Leaman, who adds that the company is bringing in a third-party facilitator in February to do a company-wide session on culture and values. It is this sort of accessibility and careful consideration of employee input that keeps Axonify employees gushing about their employer.

Lindsay Cournoyer, Director of Marketing Communications describes Axonify as “led by an experienced leadership team who is totally trusting and transparent.”

Software developer Mitch Dickinson also comments on Axonify’s leadership, saying, “The management team of Axonify is stacked. All our top executives are serial entrepreneurs that have successfully been through the trenches over and over again.”

The leadership team’s accomplishments are definitely impressive, and none more so than Leaman herself, who previous to purchasing an extremely early version of Axonify, sold her startup PostRank to Google. She also successfully built and sold manufacturing software company RSS Solutions and virtual reality player Fakespace.

With such a wealth of leadership experience in early-stage companies, it’s no wonder Leaman knows how to helm a harmonious office, but even she notes, “I do think we have something special going on here. When you have people say the best decision they ever made was to come and work here… it makes me feel good that’s for sure.”

Suzanne Hyatt, VP of Human Resources, says she believes there are many reasons for the great work atmosphere at Axonify, giving examples such as Leaman and the rest of the leadership team taking time for one-on-one coffee dates with employees, bi-weekly lunch meetings where employees recognize each other for positive contributions and a yearly team survey.

“We also have a very active social committee,” adds Hyatt, noting that there are many informal social events in the office, from cards to fitness challenges.

Friendly competition in the office is also stoked through the use of the company’s own product. All team members, including the management team, participate in an internal version of their e-learning platform, which challenges users to answer questions on company and product knowledge in order to win points that can be used towards eBay-style auctions on prizes.

“We have a product that delivers results,” says Greg Boyd, Director of Customer Success, noting that his pride in their product is one of the main reasons he loves working at Axonify.

Leaman also identifies the product as a huge element in Axonify’s culture.

“If people don’t believe in what they’re selling, and they don’t see the value in it, it’s hard to be invested in the company.”

Ultimately, Leaman believes a great working culture takes a large amount of trust.

“I’m a person who firmly believes that every single human being comes to work every day really wanting to do good things… and in my experience when you trust people to come to work with that attitude they perform in ways that you just don’t even expect.”

January 14, 2016

Six Reasons Why 'Grownup Startups' have a Better Chance at Success

by Carol Leaman

This post was originally published in Techvibes

When you hear the word “startup,” you likely think of a twenty-something tech wiz working with two or three buddies in the basement to build the next Facebook.

But achieving success is a lot harder than it appears. In fact, 90% of startups fail.

That’s where a “grown-up startup” has an advantage. A grown-up startup is a company that is formed with a seasoned leadership team from day one. They’ve worked in early stage tech companies before, made mistakes and learned the ropes, putting them in a better position to make it big.

Here are six lessons young entrepreneurs can learn from the “grown-ups” to achieve startup success:

1. Strike the right balance between product and market.

First-time startup founders often don’t pay enough attention to the market. They work on developing a “cool” product with a “once we build it, they will come” mindset, only to learn too late that nobody wants to buy it. In fact, CB Insights cites no market need as the number one reason startups fail.

Grown-up startups, on the other hand, keep their heads out of the sand and their eyes on the market. They know that validating the market size, finding out what customers value, understanding their needs, and identifying how they would buy and implement the product is just as important as focusing on product development.

2. Plan for growth accordingly.

It isn’t uncommon for first-time entrepreneurs to find themselves in chaos, either because of premature scaling or insufficient resources to meet customer demands. But because grown-up startups have been around the block a few times, they have the foresight to plan correctly for each stage of development.

Early on, they identify the roles they need to have in place when the company reaches defined growth milestones. And, before they ask for funding, they also plan how much money they’ll require and where it will be applied, giving them a solid blueprint for achieving targeted objectives.

3. Ask for the right amount of capital and leave enough time to raise it.

The second most common cause of startup failure is not having enough capital. Novice entrepreneurs tend to underestimate the amount of money they’ll need and the time it will take to raise it, while overestimating the worth of their business.

Since grown-up startups have gone through funding rounds before, they know it will take about 6-8 months to get the investment they require. This means they can align their equity and spend expectations accordingly so they won’t run out of funds. They can also better estimate how much money they’ll need to ask for to hit critical business targets going forward.

4. Have a big-picture view of what they need to win faster.

Many early stage tech companies are so focused on their technology, they forget to identify critical targets for success. Grown-up startups, however, know what needs to be true to become the category winner.

They know that while startups need to act with urgency, they also need a longer-term business plan that details how to get from point A to point B. And this visionary approach (at both the strategy and tactical execution levels) happens much more rapidly because they’ve done it before and know how to avoid pitfalls.

5. Invest in marketing.

Many new founders don’t realize that mindshare is limited and forgoing marketing dollars to rise above the crowd, raise brand awareness and message the product correctly increases the chance of failure. Grown-up startups understand the value of marketing and know it is essential for becoming the brand leader.

They implement marketing programs from the get-go, even if it involves hiring only one person and allocating a small budget. They also place a high value on authoring thought leadership pieces, aligning with external influencers, speaking at industry events and obtaining external product validation through customer case studies and testimonials to generate recognition and credibility in the market.

6. Stay focused and drill deep.

A lot of early stage companies want customers so desperately that they go after them at any cost—even if they aren’t the right ones. Grown-up startups, on the other hand, rely on their experience and intuition to place better bets. They know a company with twenty-five customers in separate industries, all using the product in different applications, is far less valuable than a company that has twenty-five customers split into three markets, each using the product in a similar way.

That’s because they know the fastest way to gain a new customer is to showcase the value a similar customer is receiving. So, grown-ups define target customers upfront and then focus their efforts, rather than trying to meet disparate demands.

About Carol Leaman

Carol Leaman is the CEO of Accelerator Centre Graduate Axonify Inc., developer of the world’s first Employee Knowledge Platform that combines its award-winning microlearning platform with innovative knowledge-on-demand capabilities to improve employee and organizational performance. Carol is a much sought after speaker, presenting at high profile events, such as the Fortune Tech conference in Aspen, HR Summit 2012 Impact99 conferences in both Vancouver and Toronto and TedxWomen in Waterloo.

About Axonify

We are a Waterloo-based technology company that is revolutionizing the corporate learning game with Axonify – the world’s first Employee Knowledge Platform. Combining an award-winning approach to microlearning, innovative knowledge-on-demand capabilities, and elements of gamification to drive engagement, Axonify is helping build more knowledgeable workforces who drive business results for big name clients like Walmart, Bloomingdale’s & Toyota.

What are the ingredients to our success? A strong leadership team, an industry-leading product, a culture built on trust and most importantly – an extraordinary group of employees. By expanding our team with smart, motivated people we will continue to lead the way in this new & exciting space.

January 12, 2016

Intellijoint Surgical Wins 2015 Frost & Sullivan Award for Enabling Technology Leadership

Frost & Sullivan Commends Intellijoint Surgical for the Success of intellijoint HIP™

Intellijoint Surgical’s core technology represents the latest in miniature 3D surgical measurement within the sterile field — intellijoint HIP can improve accuracy in achieving preoperative planned targets, ultimately improving patient satisfaction and healthcare economics

MOUNTAIN VIEW, Calif., Jan. 12, 2016 /PRNewswire/ — Based on its recent analysis of the hip replacement market, Frost & Sullivan recognizes Intellijoint Surgical with the 2015 North American Frost & Sullivan Award for Enabling Technology Leadership. Intellijoint Surgical’s flagship product, intellijoint HIP™, can greatly increase the success rates of hip replacement procedures by providing orthopedic surgeons with real-time data measurements of cup position, leg length, and offset intraoperatively. Accurate implant selection and alignment improves patients’ outcomes and reduces overall treatment costs.

“intellijoint HIP™, incorporates Intellijoint Surgical’s proprietary core technology, a miniaturized 3D surgical measurement system placed within the sterile field that provides surgeons with accurate measurements in real-time,” said Frost & Sullivan Best Practices Director,Tonya Fowler. “The data assists surgeons in selecting the best-fitting implant for the patient and helps align the implant in the desired location that is critical for a successful surgical outcome.”

Orthopedic surgeons are equipped with preoperative images of the patient’s hip, but these images are only useful in helping the surgeon create a preoperative plan, not execute it. intellijoint HIP™ provides surgeons with 3D information intraoperatively, helping them with proper implant selection, positioning, and alignment that ultimately improves accuracy in achieving preoperative targets.

Aided by intellijoint HIP™, orthopedic surgeons no longer have to ‘eye ball’ or manually position hip implants, as the device enhances placement precision and minimizes the risk of joint instability, which can lead to additional negative consequences for the patient such as dislocation and leg length discrepancy. intellijoint HIP is safe, fast, accurate and seamlessly integrates with surgeons’ workflows. It is affordable and does not impact operating room time. Additionally, intellijoint HIP™ gives surgeons greater confidence to recommend hip replacement surgery, as the risk for revision hip surgery may be lowered.

Intellijoint Surgical is aware of the huge capital expenses hospitals incur in surgical procedures and, as such, the company does not demand a large upfront capital investment for intellijoint HIP™. Intellijoint Surgical has a pay-per-use model, with manageable fees that do not require C-level executive approvals. The approvals can be obtained from the Operating Room Manager.

“Intellijoint Surgical has demonstrated the long-term viability and impact of its core technology through its innovative new product in hip replacement. It is a great pleasure to recognize Intellijoint Surgical for developing a technology that allows all orthopedic surgeons to benefit from computer-assisted surgery and deliver improved outcomes for their patients,” said Krishna Srinivasan, global president and managing partner, Frost & Sullivan.

For its utility in enhancing the efficiency of orthopedic surgeries and reducing hospital costs, Frost & Sullivan is pleased to present Intellijoint Surgical with the 2015 North American Frost & Sullivan Award for Enabling Technology Leadership.

Each year, Frost & Sullivan presents this award to a company that has developed a pioneering technology that not only enhances current products but also enables the development of newer products and applications. The award recognizes the high market acceptance potential of the recipient’s technology.

Frost & Sullivan Best Practices awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis and extensive secondary research to identify best practices in the industry.

About Intellijoint Surgical

Intellijoint Surgical is a Waterloo-based innovative medical technology company. Founded in 2010, they develop and commercialize miniaturized surgical smart tools that enhance surgeon accuracy, increase hospital economic efficiencies, and improve patient outcomes. The company’s R&D team is led by the former co-founder of Medtronic’s computer assisted surgery division, and driven by a team of renowned orthopedic surgeons: Drs. Allan Gross and David Backstein in Toronto, Dr. Wayne Paprosky in Chicago, Dr. Javad Parvizi in Philadelphia and Drs. Michael Cross and Ran Schwarzkopf in New York.

About Frost & Sullivan

Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today’s market participants.

Our “Growth Partnership” supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

January 8, 2016

Intellijoint Surgical Receives FDA Clearance for the Next Generation of intellijoint HIP™

A Miniature Surgical Smart Tool for Cup Position, Leg Length, and Offset in Hip Replacement Surgery

WATERLOO, ON–(Marketwired – January 07, 2016) – Intellijoint Surgical Inc., a privately held Canadian medical technology company committed to developing and commercializing miniature surgical smart tools, announces today that it has been awarded US Food and Drug Administration clearance for the next generation of intellijioint HIP™. Cup position (inclination and anteversion) is now provided, in addition to the original leg length, offset, and change in hip center measurements.

“With the previous generation of the product, our use showed improved accuracy and precision of implant selection without a significant expense or impact on OR time,” said Dr. Wayne Paprosky, professor and widely published orthopaedic surgeon at Rush Medical Center in Chicago. “The new generation of intellijoint HIP provides surgeons with additional critical implant alignment measurements including cup inclination and anteversion, which will be a potential game changer of how hip surgery is performed in the US.”

intellijoint HIP can assist in the prevention of recurrent instability, hip dislocation and leg length discrepancy and may expedite decision-making and improve accuracy in achieving preoperative planned targets, ultimately improving patient satisfaction and healthcare economics.

“Intellijoint was founded in 2010 with the vision of developing and commercializing an innovative technology that is capable of providing real time 3D surgical measurement data, without adding significant time, expense or complexity to surgery,” says Armen Bakirtzian, Chief Executive Officer and Co-founder of Intellijoint Surgical. “Now, with FDA clearance ofintellijoint HIP, we’ve realized this vision and are ready to bring its benefits to the largest market in the world.”

Intellijoint’s core technology represents the latest in miniature 3D surgical measurement within the sterile field. intellijoint HIP is the first of many products to benefit from this new novel core technology. It is safe, fast, accurate, and precise. intellijoint HIP‘s compatibility with the majority of implant vendors, paired with its cost-effectiveness, opens accessibility of computer-assisted surgery to all orthopaedic surgeons.

About Intellijoint Surgical Inc.

Intellijoint Surgical is a Waterloo-based innovative medical technology company. Founded in 2010, they develop and commercialize miniaturized surgical smart tools that enhance surgeon accuracy, increase hospital economic efficiencies, and improve patient outcomes. The company’s R&D team is led by the former co-founder of Medtronic’s computer assisted surgery division, and driven by a team of renowned orthopaedic surgeons: Drs. Allan Gross and David Backstein in Toronto, Dr. Wayne Paprosky in Chicago, Dr. Javad Parvizi in Philadelphia and Drs. Michael Cross and Ran Schwarzkopf in New York.

December 11, 2015

Innovation Inside: Dematic

How Dematic is investing in R&D to solve complex problems

Imagine you work in a warehouse and have to package up a pallet with various products to be shipped to a grocery store – items like pop, chips, pasta, canned goods, etc. It’s pretty simple, right? You put the chips on top of the pop because if you did it the other way, the chips would get crushed. You put the heavier boxes at the bottom to create stability so the whole thing doesn’t fall over.

Simple. Except it isn’t. In reality your brain is just really, really good a quickly identifying an objects physical properties – weight, shape, stability – and solves what is, in fact, a rather complex mathematical problem without you even being consciously aware of it. But if you’re not really aware you’re doing it, how would you teach a computer to do it? There are so many variables you can’t possibly program them all; you need to create software that can think intuitively, extrapolate, and learn from each experience.

It’s an immensely complex problem, and one that Dematic is hoping to solve through research. Dematic is a global player in the supply management and warehouse automation field, with roots that can be traced back to 1819 and the founding of German crane manufacturer Demag.

Their Software Development team in Waterloo is considerably newer – an arm of the company that landed here in 2013 thanks largely to the company’s commitment to researching problems and finding creative solutions.

A few years ago, Dematic started to invest in new product development, with a specific focus on software to help companies optimize their supply chains. The company sought out a top tier executive who could lead a new software R&D team and quickly found on Pete Devenyi, former SVP of Enterprise Software from BlackBerry. Interested in learning more about Waterloo Region, Dematic researched the community and found a university globally-renowned for research and innovation, a top ranked talent pool, and one of the most robust tech communities anywhere in the world.

They made a decision: why bring Devenyi to Michigan when the talent, resources and research capabilities to build the cutting edge software they needed were here. And so Dematic’s Waterloo office was born.

Devenyi subsequently hired Scott Wahl, a former BlackBerry colleague as software director to run the Waterloo office. They have now grown the Waterloo branch of Dematic to 30 people, including co-op students and recent graduates from University of Waterloo, and there is no signs of stopping. The team works closely with the rest of the global software organization, with teams in US, Germany, and Australia, to accelerate software innovation and product delivery. While the team is part of a $2B global organization, they have enough autonomy to run like startup. This allows them to remain nimble and flexible, but still have the resources and confidence of a large organization to back them up.

Innovative ideas aren’t exactly new to Dematic – in 1908 the company (then Demag) built the world’s largest floating crane, which was used to construct the famed White Star steam ships RMS Titanic and RMS Olympic.

But, what sets Dematic apart today is a focus on using research to stay ahead of the curve. Through a partnership with the University of Waterloo’s Department of Management Sciences in the Faculty of Engineering, and leveraging grants from both Collaborative Research & Development (CRD) and Ontario Centres of Excellence (OCE), Dematic has been researching and developing advanced mathematical models and machine learning algorithms to solve complex automation problems.

One of the focus areas for the Waterloo team is to develop advanced analytics capabilities. The end goal: give customers the insights they need to manage their operations efficiently and turn managers into researchers within their own warehouses; constantly analysing, improving, and iterating on design and process, rather than simply repeating– leave that for the robots!

Dematic is also investing in the future of innovative supply chain management through the Dematic Scholarship for Excellence in Supply Chain Optimization with the University of Waterloo’s Faculty of Engineering. The scholarship is awarded to one male and one female second year engineering student at the University, selected based on academic standing and an essay submission.

In an age where consumer expectations, not organizational capabilities, determine who succeeds, Dematic’s seems poised to change the way we experience receiving… well, just about everything.

December 10, 2015

The Accelerator Centre Announces Third AC JumpStart Cohort

26 Companies receive funding and mentorship to grow their businesses

The Accelerator Centre is pleased to announce the third cohort of the AC JumpStart program. 26 companies were selected to participate in the program, which provides funding and mentorship aimed at growing their business and accelerating their sales.

CoinValue — coin valuation software and hardware developer

Digital Governance Group —real-time political engagement software platform

Dimples — customized 3D printed jewellery

Eleven-X — cellular IoT hardware and software

English Never Stops — cloud-based peer-to-peer language acquisition platform

FishBuoy — Software offering real-time water and environmental conditions to anglers

Fidget Toys — developers of a multifunctional stress-relief toy

Find BoB — online marketplace easing the transfer of financial business ownership

HealthIM — standardizing hospital admission processes for persons with mental illness

HH Development — data management solution for professional motorsports

Horizon Solutions — helping building owners improve energy efficiency

InkSmith – Manufacturing filament (ink) for 3D printing using bioplastics and 100% recycled materials

iSports Development — software platform connecting professional and amateur athletes

Kineris — wearable devices that speed recovery from joint injury or surgery

Local Line — connecting local food suppliers to customers

Massuni — allows users to easily design customized furniture that meets their exact needs

ONEIRIC — sports tech manufacturer

Palette — platform of physical input devices for improving creative workflow

Pressa — developing a water bottle allowing users to naturally flavour water

Streetcast — mobile platform that allows organizations to communicate with local residents and visitors

TaaCam — virtual reality (VR) and higher dimensional (3D/4D) digital image or video solution

Thalo — revolutionizing the way information is displayed on portable devices

UCIC — enables users to see any place in the world in real-time by connecting people.

Vidhub — platform for profs, students and researchers to have discussions in a sandboxed environment.

VIV Life Group — helps people discover meaningful experiences that are curated just for them

zpharm — medical tech company focused on smoking cessation

Through the AC JumpStart program, each company will receive $30,000 in seed funding, $10,000 worth of mentorship from the AC’s team of industry experts, as well as access to market research, investor connections, and the AC’s network of Clients and Graduates.

About AC JumpStart

Funded through an $8 million commitment from the Federal Economic Development Agency for Southern Ontario (FedDev Ontario), the AC JumpStart program is delivered in partnership with Conestoga College, Wilfrid Laurier University and the University of Waterloo.

The AC JumpStart program began in January 2015, with three cohorts of companies participating in the program in 2015, and two cohorts annually in subsequent years. Each cohort receives funding and mentorship over a 12-month period. Over the next four years (2015-2018) the program will support 180 companies.

November 24, 2015

Miovision Celebrates 10 Years of Innovation and Success

Looking back at the success of the AC’s first Graduate

It’s been almost 7 years since Miovision became the Accelerator Centre’s first graduate and started down the path of defining what the next generation of tech companies looked like in Waterloo Region.

The company came into the AC when three students were looking to commercialize an idea that would change how cities think about tracking and managing traffic flow. CEO, Kurtis McBride had spent one too many days sitting in a chair at an intersection with a clipboard counting cars – he knew it could be done better.

Since then Miovision has evolved as a pioneer in city planning technologies, allowing planners to map the flow of traffic at key intersections and make better decisions about how to create smart cities.

The AC is extremely proud to see our first Graduate celebrate their 10th anniversary, marking them as a leader in smart city engineering and a pillar in the Waterloo Region tech community.

“I knew when Kurtis and his Co-Founders first applied they were ideal candidates for the AC,” said Gary Pooley, CFO and initial board member of the Accelerator Centre. “They were truly engaged with the program and showed tremendous focus and dedication to building a great business. It is a great pleasure to see how far they have come and an honour to celebrate their success.”

“The Accelerator Centre has played a huge role in Miovision’s success,” said McBride. “They provided us with the mentorship, guidance and resources that have helped us build the company we are today.”

Miovision has also played a tremendous role in the success of the AC. During their time here the founders were always focused on giving back, sharing knowledge and acting as advisors to other AC Clients. Today that tradition continues with McBride sitting as member of the AC Board helping to guide the success of the AC itself.

The AC Staff and Mentors congratulate the team at Miovision on continuing to raise the bar and define success for Waterloo Region!

November 18, 2015

Highlights from the AC Client Showcase

This past September we brought the Region’s business, academic, and technology community into the AC to connect with the brightest and most promising entrepreneurs in Waterloo Region and beyond. The 2015 AC Client Showcase was a tremendous opportunity for people to plug-in and learn about the big ideas and game-changing technologies that will shape the future.

From nanotech to big data; smarter cities to a smarter world, the Clients at the AC have always pushed the barriers of what we thought possible and sparked change across the globe.

Here are some highlights from this year’s AC Client Showcase.

November 18, 2015

Two AC Grads Named to Deloitte’s Fast 50 list

Magnet Forensics and Miovision continue to show incredible growth and impact

This article originally appeard in The Record

Six firms in Waterloo Region are on this year’s list of Canada’s fastest growing technology companies.

Magnet Forensics, Miovision Technologies, Aeryon Labs, Dejero Labs, eSentire, and Igloo Software are on Deloitte’s Technology Fast 50 list, which is based on revenue growth over the previous four years.

Magnet, a Waterloo provider of digital forensics tools, is eighth on the list with four-year revenue growth of 1,154 per cent.

Miovision, a Kitchener company that develops traffic data collection and analysis systems, ranks 32nd with revenue growth of 305 per cent.

Waterloo drone maker Aeryon ranks 10th with revenue growth of 1,032 per cent.

Dejero, a Waterloo firm that provides a platform for live-to-air broadcasting, is 18th with revenue growth of 590 per cent.

Cambridge-based eSentire, a provider of cybersecurity tools and services, is 42nd with revenue growth of 202 per cent.

Igloo, a Kitchener firm that develops social networking software for businesses, ranks 45th with revenue growth of 159 per cent.

Topping this year’s list is Frank & Oak, a Montreal-based menswear brand and online retailer. It had revenue growth of 18,480 per cent.

Deloitte said the companies on the Fast 50 list achieved average growth of 1,293 per cent.

Ontario is home to 23 of the companies on the 50 list. There are 13 from Quebec, 10 from British Columbia, two from Alberta, and one each from Nova Scotia and Saskatchewan.

TrustPoint Innovation Technologies [another AC Graduate], a Waterloo startup that develops products for secure machine to machine communications, is among 12 firms on Deloitte’s companies to watch list.

This year’s survey of Fast 50 CEOs indicated that securing talent is a significant issue for two-thirds of the companies on the list.

“Young Canadian tech companies from coast to coast are experiencing staggering growth,” Robert Nardi, Deloitte’s technology, media and telecommunications managing partner, said in a news release.

“However, for these firms to maintain their trajectory they need to have the right talent mix. For today’s fast-growing companies, finding and attracting talent is of great importance.”

November 5, 2015

AC Grad Intellijoint granted new patents in the US

Intellijoint Surgical’s Patent Portfolio Gains Strength Through the Issuance of New US Patents

AC Graduate Intellijoint Surgical Inc., a medical technology company committed to developing and commercializing low-cost miniaturized surgical smart tools, announced today that the United States Patent and Trademark Office has granted the company a key patent related to its core technology in miniature 3D surgical measurement. The patent, number 9138319, is entitled “Method and system for aligning a prosthesis during surgery”.

Intellectual property development is a strategic cornerstone for Intellijoint Surgical. The company continues to build its patent portfolio through new applications and several recent issuances. The issuances include Intellijoint’s core technology and the surrounding instrumentation enabling it to be placed in a sterile field. Another key patent, entitled “System and method for intra-operative leg position measurement” is expected to issue in early 2016.

“Our miniaturized smart tools are setting the new standard in 3D measurement for surgery,” says Armen Bakirtzian, Chief Executive Officer of Intellijoint Surgical. “Patent issuances are rewarding milestones recognizing the novel technology our organization has created. We will continue to aggressively pursue patents to protect our innovations and build business value”.

Intellijoint graduated from the Accelerator Centre in 2014. The company’s technology provides quantifiable, accurate, intra-operative feedback helping surgeons and hospitals to potentially improve surgical outcomes through accurate implant positioning and selection, ultimately improving patient satisfaction and healthcare economics.

Tag: Accelerator Centre

Massive Growth, Employee Satisfaction at Axonify Starts with Good Leadership