Reflections & analysis about innovation, technology, startups, investing, healthcare, and more .... with a focus on Minnesota, Land of 10,000 Lakes. Blogging continuously since 2005.

Tag: research

DEMO Spring 11: Just have to shout-out about the “People’s Choice Award” winner — GutCheck!

DEMO-GutCheck A fitting end to my blog coverage of the great DEMO Spring 2011 event last week is one about a personal favorite of mine that pitched at the event: GutCheck. They're about "Real-time qualitative market research."  I spoke to these guys several times at the conference but, unfortunately, in the rush of things, I never audio-recorded one of our chats.  But, being a marketing guy through-and-through from early in my career, this one rang the bell for me as soon as I heard about it. Turns out it rang a few other bells, too.  In fact, it rang the gong!  GutCheck won the big-enchilada prize of them all: the "People's Choice Award," which gives them $1 million in media value from IDG. To say these guys were elated would be an understatement.GutCheck-logo

GutCheck is about providing "consumer insights in a matter of minutes." They didn’t think it was fair that qualitative insight was reserved just for those with big budgets, big resources, and extended timelines. So, in 2009, they "leveraged the Internet and other technologies to blow up the market’s conventional wisdom and create an on-demand tool for gathering insight." GutCheck’s goal is simple: to be the leader in DIY qualitative market research. "By making qualitative research accessible to the masses, we're giving marketers and others the unique opportunity to surround any of their ideas, concepts, strategies, etc, with feedback," the company says.

The attendees of DEMO themselves vote for the People's Choice Award — as opposed to the DEMOgod awards, which are awarded to one company per category (so five total). I immediately posted the list of DEMOgod winners to my event live-blog — they were announced on stage just prior to this award. No one quite seems to know who those darn DEMOgod voters are, but everyone knows that GutCheck got voted for their award by the folks in the audience. That's pretty darn convincing. GutCheck obviously impressed. And I loved what CEO and cofounder Matt Warta (left in the photo) said from stage: "We love startups!"  What he's referring to is the special appeal of their service to early-stage firms, which by nature hunger for feedback from consumers or end-users.

How fitting: at an event for startups, a presenter that makes life easier for startups to find their mojo and go to market more effectively, wins the big award.  Friends, it doesn't get any better that that!  Congrats to Matt, and to Marshall England (head of marketing), holding the check at right in the photo — you guys rocked it!

                                                                                                                     

DEMOfall 2010: A Chat With VoiceBase About Its Voice Storage, Search, and Sharing Platform

WalterBachtiger+SpencerLord-VoiceBase Speaking of DEMOgod Award winners, this was another — though we didn't know that till an hour or so after I stopped to interview CEO and founder Walter Bachtiger. (That's him on the left, with Spencer Lord, Chief Voice Officer/CTO.) This was one of my favorite demos on stage earlier in the day, because I could see what a great productivity tool it would be for bloggers, writers, and researchers (just to name a few). I wanted to be sure to find out more, and see a more detailed demo up close. VoiceBase-logo VoiceBase transcribes voice files (audio now, video coming soon) that you upload to their site. It then posts those transcripts to the site, and enables you to then search within those files for keywords you specify. It also let you share those files on social sites. I can't wait to use it myself — in fact, I'll start by uploading these DEMOfall audio interviews of mine!

Download or listen to Graeme's interview with VoiceBase about its Voice Storage, Search, and Sharing Platform… (MP3)"

 

For Innovation in Minnesota, Check Out ‘Minnov8’

Here’s the first part of another post I did over at our new multi-author blog called Minnov8:

The
University of Minnesota is among the top patent producers in the world,
ranking #4 on Scientist Magazine’s list of “Patent Powerhouses,” behind
only three other major American universities. Yet, quantity of patents
hardly paints the entire picture. What about helping to start up
companies to commercialize those patents?

Uofmlogo

According to the U’s own business development people (see link to
Powerpoint presentation at bottom), the 20-year success record of the
U’s technology company spinoffs is only half
the university average nationally — and less than one-fourth the
success record of the nation’s premier schools. What’s more, in one
recent year (2004), for example, the U of MN spun off only one company
compared to 14 at the University of Michigan and 16 at the University
of Illinois. Why I am focusing here on spinoffs? Well, because,
according the U’s own business development people, creating university
spinoffs is “much more profitable than licensing (revenues)” to the
school.

And, besides, the largest source of the U’s licensing revenues will run out soon …. post continued here.