Buying Technology? Check VC Funding For A Sneak Peek. - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Business & Finance

Buying Technology? Check VC Funding For A Sneak Peek.

Business-technology managers can get an idea of what might be on their shopping lists over the next few years by looking at the types of tech investments venture capitalists are making.

While venture capital hasn't returned to Internet-bubble levels, it remains a major driver of innovation in the technology world.

Blueprint Ventures sees green in a third-generation descendant of Amdahl, the computer maker that produced IBM-plug-compatible mainframes for decades. Platform Solutions Inc.--an Amdahl descendant, spun off from Fujitsu Ltd., which acquired Amdahl in 1992--has developed a new server based on Intel's Itanium 2 chip that can run IBM's z/OS and MVS operating systems. It's testing the server. "We did research on IBM mainframes and found out it's still an $18 billion business," says George Hoyem, managing partner at Blueprint Ventures, an early-round investor in Platform Solutions. "When you talk to CIOs, you realize there's nothing on the event horizon that will cause them to abandon these things."

Resurging InvestorsAnother nifty Blueprint Ventures investment involves Vidient Systems Inc., which develops real-time video-intelligence software. The Vidient system watches for anomalies on video-surveillance cameras, such as when one person uses a swipe card to enter a secured area, but two people enter. It also can be used for other purposes, such as monitoring for factory-floor accidents, Hoyem says.

Arch Venture Partners has made investments in companies producing radio-frequency identification tags and grid-computing products but may next put its money into companies developing products that exploit nascent dual-core and multicore chips. As single-core chips get faster, they require more power to operate, driving up electricity costs and heat to the point that they may damage the computer. That's one reason these chips interest business-technology managers who operate large data centers, says Arch Venture managing partner Patrick Ennis. And, he adds, business-technology managers will need to place greater emphasis on systems design and staffing their operations to meet coming demand.

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
The State of IT & Cybersecurity Operations 2020
The State of IT & Cybersecurity Operations 2020
Download this report from InformationWeek, in partnership with Dark Reading, to learn more about how today's IT operations teams work with cybersecurity operations, what technologies they are using, and how they communicate and share responsibility--or create risk by failing to do so. Get it now!
IT Careers: 10 Industries with Job Openings Right Now
Cynthia Harvey, Freelance Journalist, InformationWeek,  5/27/2020
How 5G Rollout May Benefit Businesses More than Consumers
Joao-Pierre S. Ruth, Senior Writer,  5/21/2020
IT Leadership in Education: Getting Online School Right
Jessica Davis, Senior Editor, Enterprise Apps,  5/20/2020
Register for InformationWeek Newsletters
Current Issue
Key to Cloud Success: The Right Management
This IT Trend highlights some of the steps IT teams can take to keep their cloud environments running in a safe, efficient manner.
White Papers
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll