Word: teche
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BEAST OF THE BELLY Despite all kinds of hi-tech diagnostic tools, like CT scans and laparoscopies, doctors don't always know when an appendix is inflamed enough to justify removing it. Each year as many as 40,000 unnecessary appendectomies are performed, mostly on women. Reason: tucked away in the back of the belly, the tiny appendix is hard to view...
...development team of the 11-year-old firm remains in its native land. France was, and is, a tough place to do business. Liautaud recently did his best to encourage French entrepreneurs and global venture capitalists gathered in, of all places, Paris. The meeting, sponsored by the European Tech Tour Association, was intended to match start-ups with money-men. But the occasion also provided spirited discussion about what France was doing wrong with respect to fostering technology companies (a lot) and what it was doing right (read...
...Objects, which invested in this start-up, InStranet moved sales and management to the U.S., leaving research and development behind in Paris. Other entrepreneurs are thinking even more broadly. Take Arisem, a knowledge management company based in Paris. It told potential investors in a prospectus handed out during the Tech Tour that it wants to emulate France?s Vivendi Universal for its corporate strategy, Germany?s SAP for its business model, Cisco for its human relations and talent management and Yahoo for its speed in getting products to market...
Though lack of management expertise is often cited as another weakness, the country?s pool of seasoned executives is starting to get larger, says Jean-Bernard Schmidt, president of a Paris-based venture-capital fund, Sofinnova Partners. Consider the career of Pierre Liautaud, another Tech Tour participant and the brother of Business Objects? CEO. This Liautaud started at IBM in 1982, first as an engineer for IBM France and later as vice president of marketing for its Internet unit in the U.S. He left Big Blue in 1999, returning to France to take the job of CEO of @Viso...
...stems from the biggest Internet project at INRIA, a publicly funded computer science research lab - makes the hardware and software add-ons that network operators need to better handle multimedia applications for big corporate customers. Communications infrastructure firms like Acti-Via are one of the strengths of France?s tech sector. Another French strength: optics and microelectromechanical systems (mems), machines too small to see with the human eye, used for industrial purposes like wireless network equipment. These kinds of French tech companies have global potential, says Sven Lingjaerde, head of the European Tech Tour Association, but only if they...