Venture Madness 2022 Winners Announced

inbusinessPHX.com

The Arizona Commerce Authority (ACA), in partnership with Invest Southwest, announced five winners for Venture Madness 2022. Arizona’s longest-running pitch competition, Venture Madness features early stage and emerging growth companies and offers participants exclusive access to the region’s most active, accredited angel investors and venture capital firms. At the event, held … [More]

New Arizona Facility Gets Investment to Support North America Semiconductor Growth

inbusinessPHX.com

Edwards, the leading supplier of vacuum and abatement services and solutions to the global semiconductor industry, has announced its investment in a new state-of-the-art manufacturing facility in Chandler. The new 200,000-square-foot facility will leverage the latest manufacturing and digital technologies to support the fast-growing North American semiconductor market with … [More]

invisionAZ and StartUpAZ Announce New Grant Awardees

inbusinessPHX.com

invisionAZ and StartupAZ announce new blocks of EmergeAZ Fast II Grant awardees. In partnership with Governor Doug Ducey, $1.5 million has been allocated to the EmergeAZ Fast II Grant to provide resources to Arizona entrepreneurs and startups with emerging technologies designed to address current and future economic, health, or societal challenges. “The first year of grants … [More]

Survey Indicates Chip Shortages Will Continue, Explores Impact on Product Design

inbusinessPHX.com

The global component shortage is not only extending order fulfillment and lead times, but is also having a ripple effect on product design. According to the inaugural Avnet Insights, a new survey on the trends and market forces in the electronics industry, design engineers are exploring new ways to get their products to market. Key takeaways: More than … [More]

Why Arizona’s Healthcare Companies Need to Embrace Mobile Technology 

by Khalid Al-Maskari

We see it in the news every day. The Arizona healthcare industry is facing major personnel shortfalls and is in a fierce competition to attract qualified talent. According to data from the U.S. Department of Health & Human Services, the State of Arizona ranked fifth in this struggle, with 30% of hospital reporting a staffing shortage.  There is no easy solution to this … [More]

2022 Staffing Trends and the Role Technology Can Play

by Aaron Elder

As the economy continues to boom, and the appetite for talent along with it, candidates are increasingly able to raise their expectations of both their employment and of the recruitment process itself. Superior candidate experience has become more than a topic that requires well-meaning lip-service. It requires speed, transparency and humanity that many businesses or recruiters … [More]

Intel to Acquire Tower Semiconductor for $5.4 Billion

inbusinessPHX.com

Intel Corporation and Tower Semiconductor, a leading foundry for analog semiconductor solutions,  announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion. The acquisition significantly advances Intel’s IDM 2.0 strategy as the company further expands its manufacturing … [More]

Web Hosting 101

by Kelsey James

In the most basic terms, web hosting is the service that enables an individual or organization to publish a website on the Internet. While we may think of websites as something that only exists digitally, the truth is physical resources are also needed to power Internet content, mainly in the form of servers. A server is a powerful computer that holds all the files that … [More]

Innovators and Entrepreneurs Who Help Drive Arizona’s Tech and Innovation Ecosystem Meet

inbusinessPHX.com

Innovators and entrepreneurs who help drive Arizona’s technology and innovation ecosystem met at the CONVERGE Tech Summit, one of the Waste Management Phoenix Open’s signature events. Known as the “Greatest Show on Grass,” the Open is one of the most important stops on the PGA Tour. The widely attended tournament officially kicks off tomorrow in Scottsdale. “There’s never … [More]

Taking the Mystery Out of AI: 4 Ways It Makes Life Easier

by Rajeev Ronanki

Artificial intelligence is significantly impacting the world, yet there’s still a great amount of mystery – and misconceptions – about it. The public’s imagination has been heavily shaped by science fiction, with the term AI evoking images of robots like WALL-E, C3PO from Star Wars, and David from Stephen Spielberg’s movie A.I. Scientists and technologists refer to this kind … [More]

Tech Co. Raises $2M in Seed Round to Redefine Quality Certification Management in Global Supply Chains

inbusinessPHX.com

SaaS startup Aramid Technologies announced it has raised $2M in seed funding to expand its flagship product, SmartCert. SmartCert is a supplier collaboration platform that streamlines the processes by which companies prepare, manage and share quality certifications that underpin trillions of dollars in global commerce. Phoenix angel, Paul Winandy, led the … [More]

Statewide Broadband Expansion Strategy Set, Broadband Providers Can Get to Work

Arizona Commerce Authority

The Arizona Commerce Authority, in partnership with the Arizona Department of Transportation (ADOT), announced today the Arizona Statewide Broadband Middle-Mile Strategic Plan, which supports current broadband expansion efforts on Interstate 17 and Interstate 19. The Strategic Plan has led to the creation of the Statewide Middle-Mile Network, which aims to increase broadband … [More]

Tucson to Phoenix Is First to Move Freight on Fully-Automated Trucking Route

inbusinessPHX.com

TuSimple, a global autonomous driving technology company, announced that Union Pacific Railroad, the largest Class I railroad in the U.S., will become the first customer to move freight on TuSimple's fully-automated trucking route between the Tucson and Phoenix, Arizona metro areas. Union Pacific is leveraging Loup Logistics (Loup), a wholly-owned subsidiary, to coordinate the … [More]

Winning at Dodgeball: Honeywell Smart Drone Radar Avoids Collisions Automatically in High-Stakes Test

inbusinessPHX.com

A drone piloted by the Honeywell IntuVue RDR-84K radar system has triumphed in a high-stakes game of dodgeball, repeatedly swerving around intruder aircraft in a series of tests that are key to the future of pilotless aviation. Recently conducted in the Phoenix area, the tests showed that the radar can not only detect airborne traffic but can also decide … [More]

10 Things to Know If You’re New to Cloud Computing

by Susanne Tedrick

Cloud computing has changed how people and organizations consume information technology products and services. Given the cloud’s flexibility and agility, organizations were able to use cloud services to continue mission critical operations and allow employees to work from home. According to Flexera’s 2021 State of The Cloud report, 36% of enterprise respondents said they expect … [More]

Climate Fintech for the Agricultural Economy 

by Chris Peacock

In the face of a constantly changing climate, creating long-term business resilience has evolved from nice-to-have to a necessity. From uncertainty and increasing competitive pressures to the need to mitigate today’s climate and regulatory risks, a myriad of challenges have created an opportunity to digitize the agriculture finance sector. Agricultural data and risk … [More]

Local Tech Partnering to Invest in Blockchain Research

by Mike Hunter

The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, launched the Arizona Blockchain Applied Research Center in 2019 to leverage emerging blockchain research to create usable products for the global marketplace, with Arizona State University as its research partner. … [More]

Fastest-Growing EdTech Provider Is Now Bluum

inbusinessPHX.com

Having already transformed into North America's leading education technology company, Trox + Tierney will continue to grow in the education markets under the new brand of Bluum beginning today. The higher calling of ensuring every student has access to a world-class education remains the company's mission. The April 2021 Trox and Tierney merger resulted in a … [More]

In Business Dailies

Sign up for a complimentary year of In Business Dailies with a bonus Digital Subscription of In Business Magazine delivered to your inbox each month!

  • Get the day’s Top Stories
  • Relevant In-depth Articles
  • Daily Offers
  • Coming Events