A big thank you to John Barnett, Co-founder of Supermoon, and David Siglin, Principal Design at Stitchfix, for their fantastic presentation at our Founders Forum event. With lively AI-generated graphics and anecdotes from Barnett’s time at Facebook and Instagram, they gave us a peek into their experiences building various projects – from apps to workflows and collaborative teams. Let’s dive into the highlights of their insightful talk!
Build the right team.
Optimize for passion and openness over raw talent and ability. Great the right team, not the dream team. (Who knows, they may become your dream team.)
Focus on building a web, not becoming a single hub. This creates trust horizontally, collaboration, and avoids one point of failure.
Know each team member’s starting point.
Be flexible about how your team is formed. (Flexibility was a thread pulled often over the talk.)
Strong opinions, loosely held. The idea of confidently expressing one’s beliefs with a willingness to adapt in the face of new evidence or perspectives.
Build the right collaboration
Be tight when defining success but loose with how it is actually achieved.
Be clear on what success means.
Constantly realign efforts and priorities. Ultimately, they should always point to the initial bullet: what does success mean?
Push information versus pull information. David shared how his team shares updates every Friday. It’s expected so people don’t feel that need to constantly ask for the information they know will be pushed out.
Have a healthy overlap, in knowledge and skills. This goes back to avoiding a single point of failure.
Build the right product.
Love the problem, trust your gut, explore hypotheses.
Once you understand the problem, learn to love it. Because, you’re working to solve it.
For hypotheses to test against, and find ways to get reactions and responses quickly even if it’s just on a whiteboard.
Build a minimum lovable product. It’s not just viable but people love it.
David and John also shared some additional resources:
The Speed of Trust, Stephen Covey
Competing Against Luck, Clayton Christenson
Double Diamond, problem framing and solving
A PM’s Guide to Working with Designers, by VP of Product at Figma
Thanks to those that attended – you got to see and hear some additional tidbits from behind the scenes at some pretty big companies – and if you missed it, we hope to see you at the next Founders Forum.
Earlier this year, the City of Greenville was selected by the Hoover Institution at Stanford University as one of three cities to do a deep dive on in terms of how public policy impacts economic development.
Last week, they flew Mayor Knox White, John Barnett (local founder with roots in Silicon Valley), and me out to Palo Alto to hear from students and research fellows as well as mix with our peer cities – Mesa, AZ, and Milwaukee, WI – to share best practices and make connections.
Palo Alto area mayors + Knox White, Mayor of Greenville, SC
It was inspiring to be immersed in that epicenter of tech and innovation! Here’s a few things we picked up:
Silicon Valley is like no place on Earth
Coffee shops packed with DOERS – s/o to the Mocha Tesoro at Philz Coffee.
Coworking spaces that rent by the hour ($4/hr) were full – Hanahaus.
A panel of mayors (Palo Alto, East Palo Alto, Mountain View, and Redwood City) shared that they’re facing their own issues so it’s not all rosy being such a tech hub: astronomic housing market, development costs, transportation, etc.
Never say “the next Silicon Valley” – it’s such an impossible and maybe undesirable attainment – it’s truly the only place like it on the planet.
But to see Meta HQ (9-acre rooftop garden complete with wild foxes running around!) and Googleplex (looked like the world’s biggest circus tent) and drive down the famed Sand Hill Road (where venture capital got its start and a reason the Valley has 63 billionaires!) was impressive.
Stanford people are smart
Like off-the-charts pedigree – one young lady is getting her Harvard JD and Stanford MBA at the same time.
The Hoover Institution is a well-regarded think tank and provided exposure to a wide range of ‘things you should be thinking about’ – like remote talent (what keeps them in a place) and cybersecurity (deep fakes).
It’s tremendous that a city the size of Greenville punches above its weight and is now firmly on their radar.
We’ll be leveraging this connection and look forward to more projects coming down the pike.
Greenville is playing with a strategic advantage, but we have the chance to take things up a notch.
Greenville was a positive example cited in other pitches.
Most of the students’ research suggestions are doable/feasible and just require attention and leadership (we’re on it!).
We have an ideal combination of assets – a business-friendly ecosystem, wonderful remote working conditions, and decades of investment towards quality of life just now starting to bloom, literally.
Imagine luring just a handful of software engineers from an overcrowded (read: expensive) community to Greenville and build a business in a place they love to live – the impact will be dramatic.
We need to leverage our universities as talent magnets – not just founders, but also engineering and design teams; not just tech transfer, but also future founders.
There is an opportunity for regional industries to be more connected and directly involved in the startup community.
Continue to cultivate angel and seed investors who are aligned with our objective to grow the community – actively recruit outside investors and bring more statewide money to the table.
Special thanks to John Barnett, Greenville-based founder and CEO of Supermoon, who was an exceptional tour guide. John spent almost a decade in the Valley working for the likes of Twitter and Instagram before it got bought by Facebook (Meta). If you’ve ever posted an IG Story or used Boomerang, you have John to thank! Walking through Meta with him was like being there with a celebrity: he’s still regarded as one of the best product managers and I wouldn’t have been shocked to see his keyboard and mouse hanging from the rafters like some NBA jersey. Thanks, John – I’m so grateful you’re in #StartupGVL!
Also, thanks to the team at Hoover – Josh Rauh, Dean Ball, and Jillian Ludwig for making all of the arrangements. And thanks to the students on Team Greenville – Mike Arth, Gavin McGarry, and Marianne Aguilar for your insights and action items. Can’t wait for y’all to come to #StartupGVL and see what we’re implementing from your suggestions!
One of the region’s top economic development organizations looks to the future while continuing to support and grow the Greenville Entrepreneur Network (GEN)
February 8, 2024 – Greenville, SC – For almost two decades, NEXT Upstate, the organization that began as an initiative housed inside the Greenville Chamber, has grown in reputation and scope of services. Hundreds of startup founders from across the region have benefited from its support in the form of mentoring programs, networking groups and regional events drawing national attention to Greenville. The companies they support go on to raise millions of dollars and employ thousands of local workers, improving the economy of the entire Upstate of South Carolina.
NextGEN references the Greenville Entrepreneur Network and represents a new generation of support for the founders, entrepreneurs, and innovators who call Greenville home.
“Fostering entrepreneurship is not merely about building companies. It’s about building communities, encouraging change, and celebrating growth,” says Eric Weissmann, Executive Director of NextGEN. “As an organization evolves, we need to respect our heritage while driving forward with our eyes fixed on the future. There’s no better time to be an entrepreneur than now and no better place to follow your dreams than here in Greenville, SC.”
Over the last two years, NextGEN has launched new programs and services such as an accelerator program, workshops, and monthly events, widening the aperture of who it serves. NextGEN is also the driving force behind #StartupGVL – the rallying cry and unifying brand for the regional community of entrepreneurs and the dozens of groups who directly support them.
“The rebrand merges the legacy and history of the organization with its future,” says Carlos Phillips, President/CEO of the Greenville Chamber and NextGEN board member. “The new branding reflects the refined strategy and exciting direction as NextGEN supports Greenville’s high-growth entrepreneurs.”
It’s because of this firm foundation that NextGEN is one of the longest-running entrepreneur support organizations in the State of South Carolina and a draw for companies looking to launch or expand in a place they love to live. No one succeeds alone, so to have a built-in network of others to help you is encouraging.
“NextGEN is a critical component to our overall economic development strategy,” says Shannon Lavrin, Greenville City Manager and NextGEN board member. “Greenville is a vibrant, thriving community, but we know we’re in a competitive space when it comes to attracting and retaining talent. A robust innovation and entrepreneurship network is critical to attracting high-growth companies and keeping them in Greenville.”
Tina Zwolinski’s dedication to workforce development has its roots in her career beginnings at the Greenville Chamber of Commerce. During her time on the marketing team, she witnessed the transition to manufacturing in South Carolina and the establishment of BMW in the Upstate. Her work in economic development exposed the importance of cultivating a sustainable workforce to meet industry’s needs, and underscored the impact workforce has on attracting new companies and in building thriving communities.
Tackling Economic Development & Workplace Challenges
skillsgapp was named one of the 10 Most Exciting Startups in 2023 at the Innovation & Entrepreneurship Night at the Drive
In 1997, Tina founded ZWO, a branding and marketing firm headquartered in downtown Greenville. Tina’s focus on relationship-building, forged during her Chamber tenure, became the cornerstone of her career. The firm tackled challenges in economic development and workforce across the US and within multiple industries. ZWO also focused on marketing to youth– both nonprofit and for-profit global brands. It was the combination of this work that exposed the gap, the skills gap, where youth and industry were not communicating effectively, jobs were going unfilled and youth were unaware of the opportunities after high school graduation for postsecondary pathways or jobs right around them, specifically in underserved communities.
Around 2018, the inspiration to address this challenge took hold, and the concept for skillsgapp began evolving after working closely with Gen Z. Faced firsthand with the challenges her adoptive son encountered while navigating the educational and career landscape as an English as a second language student in high school, Tina recognized the need for a more effective approach. After leading ZWO for 23 years and expanding the firm to three locations, including a West Coast and Central American office, Tina transitioned from ZWO to launch skillsgapp in 2020 with cofounder Cynthia Jenkins (who also worked with ZWO), driven by a determination to create a better solution for individuals facing similar challenges.
The hurdles, particularly for those with English as a second language or from underserved communities, create barriers to progress, hindering access and pushing students into low-wage job cycles after high school graduation. Recognizing that 50% of high schoolers face such challenges, skillsgapp’s Skillionaire Games aims to break this cycle while supporting industry with a more vetted pool of early career talent to recruit from to meet their unfilled job needs.
“The skills gap challenge is not a lack of talent but rather a lack of engaging career and pathway awareness earlier and barrier-free access into the career opportunities.” – Tina Z.
Tina recognized the need to communicate with youth (ages 13-22+) on their terms, using tools and language that resonate with them. Gen Z is on their phones 7+ hours a day, 97% of Gen Z has access to smartphones and gaming is their #1 form of entertainment. Skillionaire Games’ free-to-play virtual environments mirror real-world jobs in the in-demand industries of advanced manufacturing, cybersecurity, life science, healthcare, etc., providing an engaging space for youth to explore industries, understand job requirements, and make informed career decisions without barriers or bias.
Let’s Talk Gaming
skillsgapp is a two-sided model focused on growing players and in growing their paying partnerships with companies and colleges that can promote their brands and opportunities in-game and even recruit the players to fill their seats and jobs. They are innovating early talent recruitment. Ideally, players will have learned through “hands-on virtual experiences” what their new job entails becoming a more qualified individual leading to better retention for companies. They currently have their life science, cybersecurity, soft skills, and healthcare games live with advanced manufacturing deploying Spring of 2024. Skillsgapp faces hurdles common to startups, including speed to market, player acquisition, and shifting industry mindsets.
They’re early to the game although they have already had some big wins with receiving five global awards including Facebook Gaming’s People Choice Award in 2022 and EdTech Digest’s Top 100 Companies in Workforce and Education in 2023. Other notable traction includes the successful deployment of games into four regional markets, 25,000 players, growing revenue and renewals from paying partners, a national deployment partnership with American Student Assistance in the Fall of 2023 and the games have just begun. You can find their games on the App Store or Google Play under Skillionaire Games or at skillionairegames.com.
Unable to attend the Accelerator Showcase in person, Tina found a way to virtually present
Throughout this journey, Tina Zwolinski has drawn guidance from programs like NEXT VMS and the Accelerator cohort. The networks formed within these programs have become invaluable resources, offering diverse perspectives and expertise that contribute to skillsgapp’s ongoing growth. In January of 2024, Tina was selected to participate in the national Youth Skills First Cohort with Jobs for the Future (JFF), a national nonprofit that drives transformation of the U.S. education and workforce systems to achieve equitable economic advancement for all. After an extensive interview process, six companies were selected to participate from over 500 applicants.
As skillsgapp continues to evolve and the Skillionaire’s movement begins to grow, Tina Zwolinski envisions exciting partnerships and case studies that showcase the platform’s transformative impact on lives of players and the company and college partners. With a dedicated team with lived experience, passion for the mission, and the support of a robust network, Tina Zwolinski’s skillsgapp stands poised to nurture careers from early vision to global impact.
Kanga Coolers came to fame when featured on Shark Tank season 10 (2019) and they’ve recently risen in notoriety after a featured ad on Mr. Beast’s YouTube channel. Their signature product is the Kase Mate which wraps around a cold case of your favorite beverage but they’ve diversified their products with different sizes and a bookbag cooler. With a team of over 40, this college dream has turned itself into a multi-million dollar company with lots of hard work, great mentorship, and a little bit of luck.
What’s the real story?
What you saw on Shark Tank, for the most part, is the “real story” behind Kanga Coolers. Logan LaMance had a wild idea for a class project, recruiting partners who would eventually become the founding members of Kanga Coolers. Among them, Ryan Frazier stayed on board, while Austin Maxwell and Teddy Giard, of backflip fame, hopped in later. (Get it? Hop…)
Their flagship product, the Kase Mate, was conceived during this project – a koozie-style cooler wrap for your favorite drinks. What started as a college experiment soon turned into a full-fledged business. It wasn’t all smooth sailing. How did this concept of a cardboard wraparound cooler get off the ground? Logan got right to work developing strong relationships to find manufacturing partners and did a test run of the product here in Greenville, SC. They sourced their materials from a supplier in Alabama and produced the first coolers at Carolina Manufacturing in Greenville, the only bandanna manufacturer in the US and the official producer of Willie Nelson’s bandannas. And, that my friends, is how Kanga Coolers and Willie Nelson are connected – someone send Willy a cooler and merch!
Kanga put out 200 custom-sewn coolers at Clemson and they sold out quickly. They also won a Pitch Smackdown competition for students through the Spiro Institute (now Clemson Launchpad) winning $8,000. They thought they were rich! Each founder, to date, has only invested $833 of their own money so 8k helped but they noticed quickly that it wasn’t much when starting a product company. After some additional investment, Kanga Coolers decided to launch a 60-day Kickstarter campaign in 2018. On day 30 of the campaign, Logan went to a class talk at Clemson featuring a Shark Tank alum, Daisy Cakes. Logan spoke to the owner after class and mentioned his dream to be on Shark Tank. She told him “You’ll never feel like you’re ready. Just go for it.” The guys skipped a final exam to go (don’t tell Mom), auditioning the day their Kickstarter campaign closed.
In 2018, Logan, Teddy, and Ryan filmed an episode that aired in April 2019, marking a big moment for their startup journey. Despite some hiccups in cooler production, they miraculously got everything ready just in time—a stroke of luck that seemed to be a theme in their story.
Logan remembers the hustle during the time after the show aired—shipping boxes from his parent’s garage, loading Uhaul trucks with help from neighbors, and making sure deliveries reached the post office on time. The journey had its ups and downs, but Kanga’s ability to roll with the punches and adapt shines through.
From Covid to Shopify to…Mr. Beast?
After Shark Tank, Kanga got a lot of attention, but it came and went quickly. They were into selling promotional items to companies like Anheuser Busch, but when Covid hit in 2020, that market dried up. Facing the need to adapt, they shifted their focus to e-commerce, diving into Facebook ads and digital marketing, a previously untapped market. Kanga had to figure out a whole new customer acquisition strategy. Logan remembers having to pivot, “How do we show our product to potential customers in a way that will resonate and create an impulse buy online? Who are our customers; why do they want to purchase? It was a lot of trial and error, YouTube, podcasts, and duplicating what stuck.”
Logan LaMance & Austin Maxwell
Part of this focus on e-commerce led Kanga to Shopify, an e-commerce platform for their website. Shopify and is one of Mr Beast’s sponsors. Who is Mr. Beast? Only the most viewed YouTube channel in the world with 216 million followers. Shopify decided to feature one of its clients through a social media contest. And get this, all you had to do was comment to enter. One single comment. Austin saw the post, was quick to comment with a short elevator pitch, and they were selected. Now, that is a lucky break and some incredible ROI. They got a shout-out during the “$10,000 Every Day You Survive in a Grocery Store” video on the Mr. Beast YouTube channel and had over 80 million views in just a few days. See Kanga’s reaction to the press. (Check out Clemson’s take on the news.)
This ad was the single biggest moment of exposure in the company’s history, about 10x the exposure of Shark Tank. But, this time they had experience and warning to make sure they were ready for an influx of orders. “It was the craziest week we’ve had,” reported LaMance. Being featured on not just Shark Tank but Mr. Beast will open the door for much bigger opportunities in the future for the Kanga team. LaMance’s advice to future and early founders is something he takes seriously, “Seize the opportunity when it’s there. Put your name out there even when it seems impossible. Always take advantage, always apply, and approach like you have a good shot.”
Logan recalls their early challenge was finding their product fit in the market; figuring out demand and pricing. Covid was clearly another challenge they were able to tackle with nimbleness, determination, and a willingness to pivot. These days the company is figuring out how to scale their infrastructure, consistently improving systems and processes to run at a “big business rate with small business resources.” One thing Kanga has been great at is not letting fear get in their way. They aren’t afraid to quickly scale to capture opportunity even if they don’t have it figured out.
Logan and his cofounders believe you have to lead from the front. They show up early and stay late. As founders, they are the last line of defense and they understand the importance of that position, not just for team culture but because it’s a logical business choice. They have worked every job in the business and step in when needed, trying to strike a healthy balance between doing all things and delegating. “The biggest thing that helped me was having an unshakable faith that it would all work. All I had to do was find the path. Success was a foregone conclusion in my head and I work from that. Do whatever it takes to walk that path.” – Logan LaMance
Rockstar mentors through VMS
Logan relies on his VMS (Venture Mentor Services) “rockstar” team of mentors. Having mentors early on at Clemson proved to him the benefit of these relationships. Experienced mentors can give advice, and helped them bridge the gap from college to real life. “It has been one of the biggest drivers of growth to push and provide guidance and coaching. I don’t feel like I’m on an island. The tactical advice has been incredibly helpful – having a team that is trying to help has been huge.”
Kanga Coolers has 17,000 square feet of office & warehouse space in the Merovan Center off Woodruff Road in Greenville. You can stay in touch with all they’re doing through their website, social media, and even by text.
As we reflect on this past year (how is it already 2024?!), NEXT focused on our main goals: support the broader #StartupGVL community, engage high-growth entrepreneurs, and measure the impact of the entrepreneurial ecosystem. Our vision is of a robust community that provides entrepreneurs with the resources they need to scale a business in this amazing city we love. (ICYMI, check out our countdown to the holidays!)
Let’s look back on some snapshots of how we did this in 2023:
NEW Programs we have launched
Accelerator Program – Graduated 2 cohorts of 18 companies
Growth Labs – 2 focused on Design Thinking & No Code Solutions
NEXT Events
10Founders Forums – ranging from storytelling to angel investing
Embarking on a journey that spans venture capitalism to CEO roles to board memberships, Scott Pancoast’s career epitomizes resilience and adaptability in the ever-evolving business landscape.
Venture Capitalist to CEO
Scott’s professional trajectory started after Harvard Business School with a decade at Chemed, a Fortune 500 company headquartered in Cincinnati. He played various roles and eventually sought new challenges. A pivotal encounter in 1994 with an entrepreneur who sold the first ear thermometer company ignited Scott’s interest in high-growth tech startups. This marked the beginning of his foray into venture capitalism: Through a family investment firm in San Diego, he began investing in RFID, software, and life science companies. He not only invested in these companies, but was an active board member, guiding them through Series A and B (and sometimes C, D, and E) rounds, and wrapping them up with a nice little bow for future investments and exits.
In 2004, one of these companies asked Scott to be the CEO, so he pivoted, becoming the CEO for the then-private company…a company that had no money. So, he recast the business plan and raised $8 million, and shortly thereafter, took it public. Over the following ten years, he raised an additional $50 million and forged worldwide partnerships with Pfizer, Merck-Serono, J&J, and Biogen, which brought in another $40 million. After a failed phase 2 study, however, he stepped down and moved to Greenville, SC where his son was attending Furman University….thinking that he had retired.
Retirement was not meant to be. In 2017, through a series of fortuitous introductions, unlikely heroes, unsavory events, and some legal drama, Scott found himself with a licensing agreement with Einstein College and access to $800k in funding that he had raised. And, Zylö Therapeutics was born! If you’re ever interested in learning all the details, we have found that Scott is an open book, believing we can all learn from each other’s pitfalls and failures. Ultimately, what began as the “worst year of his life” turned into a true “lemons into lemonade” story. Over the next two years, Scott raised an additional $3M in an oversubscribed Series A round and followed that up in 2021-2022 with an additional $5.2M in an oversubscribed Series B round.
Zylö Therapeutics
Zylö Therapeutics is revolutionizing topical drug delivery through patented silica particles called Z-pods®. Licensed from Einstein College of Medicine, this technology forms the basis of a topical delivery system addressing bioavailability challenges. Zylö can load “active” ingredients into Z-pods®, which then get incorporated into a cream, lotion, or gel and provide a slow release of the ingredient.
Navigating Challenges and Pivots
In an industry marked by challenges, Scott’s leadership at Zylö has been defined by resilience. Zylö recently received their largest order, and, to say it was a saga to get the goods delivered is an understatement. From machinery not functioning, to working weeks on end (nights and weekends included), to making the drive (yes, the drive!) from Greenville, SC to Minneapolis, MN in the middle of winter (cue freezing rain in the mountains!), Scott and his team have proven they are willing to work to get it done.
As Zylö advances, Scott faces the daunting task of scaling up operations and simultaneously instituting quality control. As far as the future, Zylö is focusing on the non-pharmaceutical cosmetic industry, with products boasting impressive results for hair growth, anti-aging, and UVB-protection (we’re raising our hands for the anti-wrinkle products!). Many of these products will have “Powered by Z-pods®” on the packaging, a la “Intel® inside.”
Apothec—Spinning Out Pharma Assets
Scott plans to spin out Zylö’s pharmaceutical assets into a new venture named Apothec, short for Apothecary. This strategic move aims to independently fund and advance pharmaceutical programs, providing a unique focus on areas like lupus, severe burns, erectile dysfunction, and diabetic foot ulcers. The objective is to realize an even larger ROI for the Zylö investors. Scott, as Co-Founder of Apothec, plans to remain Executive Chairman until he can get the right CEO in place, at which point he will remain an active board member.
Mentorship and Community Engagement
Scott actively engages in mentorship programs. His recent participation in NYU Stern School of Business’s Endless Frontier Labswhere Zylö was one of 78 accepted out of 1400+ applicants reflects a commitment to continue to learn despite all his experience. Scott’s involvement with NEXT highlights his dedication to connecting, educating, and providing mentorship within the business ecosystem. Scott’s name is synonymous with SC Angel Tax Credits as a local expert and advocate for improving the system.
Scott’s journey from venture capitalist to the helm of Zylö Therapeutics is a narrative of tenacity, adaptability, and visionary leadership. As he continues to pioneer innovations in drug delivery and venture into new territories, his story serves as inspiration for entrepreneurs navigating the intricate landscape of business and innovation.
Rebel Rabbit was born out of a need for alcohol alternatives in the space—a rebellion. Drinking alcohol is one vice where you get judged for not doing it – it can be hard to be the only one at a party or a brewery (because everything is at a brewery!) without a drink in your hand. And, people are pretty comfortable with asking why you’re not drinking. Coming at this from mental health and substance abuse backgrounds, the founders of Rebel Rabbit found themselves tired of answering all the questions and decided to do something about it! Their guiding principle is simple: “You do you.” The outcome of this rebellion is a cannabis-infused seltzer, swiftly gaining popularity nationwide, with the added perk of leaving consumers hangover-free.
Rebel Rabbit extracts the legal D9 THC compound from the cannabis plant and integrates it into an all-natural blend. Founder Billy Goldsmith crafted two strengths and three all-natural flavors to counterbalance the occasionally bitter taste of cannabis. All their seltzers are natural, low-calorie, and boast minimal sugar content.
Having recently acquired the Brewery 85 space in Greenville as part of their second company Upstate Beverage Consultants, LLC, Rebel Rabbit directly sells its products to consumers and also distributes widely. Achieving remarkable growth since its inception in 2021, the company is on track to earn its third million. Operating in a relatively new industry, Rebel Rabbit faces unique challenges but provides valuable insights to fellow founders in the adult beverage sector in Greenville. They actively contribute to a series of meetings for adult beverage company founders in Greenville through NEXT, sharing industry insights to benefit others on the entrepreneurial journey.
Upstate Beverage Consultants has a contractual agreement to do production for Rebel Rabbit as well as for other non-alcoholic beverage brands. This allows their team to control their production schedule and change directions quickly as rules and regulations shift around the hemp market. It also opens them up to having other non-intoxicating products in our portfolio. They have plans to expand the brewery later in 2024 to up their production capacity.
Co-founders Pierce Wylie and Billy Goldsmith, both alumni of the NEXT Accelerator cohort 2, sported Rebel Rabbit gear throughout their participation, emphasizing their brand identity. Pierce presented their journey and entrepreneurial challenges at the NEXT Showcase, shedding light on the sometimes isolating path of a founder. “It’s tough being a founder and figuring all this out. So when you can share stories and hear stories of people who have been there before and they can shed light on what you’re doing through it’s great. Leadership helped connect dots and also connect to people and building relationships that will continue to show dividends.” If you attended, they were also giving out samples!
Where can you find Rebel Rabbit locally? Check out Garners, Greenville Beer Exchange, Drop In Store, Palmetto Hemp Provisions, and their website for more locations. Or, just buy it online!
Avallano (formerly GoBeep), developers of a groundbreaking platform-as-a-service offering designed to give individuals complete control over their personal health information, today announced the appointment of Gavin Nichols to their Board of Advisors.
A technology leader with decades of global leadership experience across the pharmaceutical and healthcare sectors, Nichols’ appointment to the Board will bring extensive knowledge in clinical trial management technology to support and accelerate Avallano’s entry into the life sciences market.
Accenture has acquired Advoco, one of the largest systems integrators for Infor EAM, to scale its capabilities for intelligent asset management solutions (Graphic: Business Wire)
NEW YORK–(BUSINESS WIRE)–Accenture (NYSE: ACN) has acquired Advoco, one of the largest systems integrators for Infor EAM, a leading software-as-a-service suite for enterprise asset management (EAM). The acquisition expands Accenture’s capabilities to help clients in the consumer goods & services, industrial, life sciences, transit and other industries make their operations and supply chains safer, more sustainable, productive and cost-efficient. Terms of the acquisition were not disclosed.
“Advoco is highly respected for its talent, expertise and training program in this space. Together, we will bring Infor EAM capabilities to clients at scale to take advantage of a growing market opportunity.”
Advoco’s mission is to form trusted advisor partnerships with clients across industries. It specializes in configuring and integrating Infor EAM software with companies’ existing enterprise and operational systems, and EAM training programs. The solutions and services Advoco provides are designed to help clients enhance the reliability and extend the overall lifecycle of their critical assets.
Founded in 2002, Advoco has been repeatedly named Infor EAM Partner of the Year. Most of its over 100 asset management professionals are based in Greenville, SC, close to the Infor EAM product development team. Accenture plans to establish Advoco’s Greenville office as a center of excellence for Infor EAM delivery, industry use cases and intelligent asset management.
The entire Advoco team joins Accenture’s Industry X group in the United States, strengthening its suite of services for digitizing clients’ engineering and maintenance functions, factory floors and plant operations.
“Many of our clients are looking to leverage Infor EAM when embedding more intelligence in their asset management to drive the performance of their most critical assets,” said Nigel Stacey, global lead for Accenture Industry X. “Advoco is highly respected for its talent, expertise and training program in this space. Together, we will bring Infor EAM capabilities to clients at scale to take advantage of a growing market opportunity.”
Marty Osborn, partner at Advoco, said: “Becoming part of the Accenture Industry X family is an incredible opportunity for our clients and our employees. Accenture’s capabilities and expertise enable us to bring more cutting-edge, innovative work to our clients and grow as a team and as individuals. We’re excited to deliver outstanding expertise in the design, consultation and implementation of Infor EAM to even more companies and markets.”
Advoco is the latest in a series of 24 acquisitions Accenture has made since 2017 to build its Industry X capabilities. Recently completed acquisitions include international engineering consulting and services firm umlaut, operations technology provider Electro 80 (Australia), industrial robotics and automation services provider Pollux (Brazil), operations consultancy Myrtle (US) and technology consultancy SALT Solutions (Germany).
About Accenture
Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Interactive, Technology and Operations services — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 624,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at www.accenture.com.
Accenture Industry X embeds intelligence in how clients run factories and plants, as well as design and engineer connected products and services—making manufacturing and operations more efficient, effective and safe; enabling companies to transform how they make things, and the things they make, for sustainable growth.
Forward-Looking Statements
Except for the historical information and discussions contained herein, statements in this news release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “may,” “will,” “should,” “likely,” “anticipates,” “expects,” “intends,” “plans,” “projects,” “believes,” “estimates,” “positioned,” “outlook” and similar expressions are used to identify these forward-looking statements. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied. Many of the following risks, uncertainties and other factors identified below are, and will be, amplified by the COVID-19 pandemic. These risks include, without limitation, risks that: the transaction might not achieve the anticipated benefits for Accenture; Accenture’s results of operations have been significantly adversely affected and could in the future be materially adversely impacted by the COVID-19 pandemic; Accenture’s results of operations have been, and may in the future be, adversely affected by volatile, negative or uncertain economic and political conditions and the effects of these conditions on the company’s clients’ businesses and levels of business activity; Accenture’s business depends on generating and maintaining ongoing, profitable client demand for the company’s services and solutions including through the adaptation and expansion of its services and solutions in response to ongoing changes in technology and offerings, and a significant reduction in such demand or an inability to respond to the evolving technological environment could materially affect the company’s results of operations; if Accenture is unable to keep its supply of skills and resources in balance with client demand around the world and attract and retain professionals with strong leadership skills, the company’s business, the utilization rate of the company’s professionals and the company’s results of operations may be materially adversely affected; Accenture could face legal, reputational and financial risks if the company fails to protect client and/or company data from security incidents or cyberattacks; the markets in which Accenture operates are highly competitive, and Accenture might not be able to compete effectively; Accenture’s profitability could materially suffer if the company is unable to obtain favorable pricing for its services and solutions, if the company is unable to remain competitive, if its cost-management strategies are unsuccessful or if it experiences delivery inefficiencies or fail to satisfy certain agreed-upon targets or specific service levels; changes in Accenture’s level of taxes, as well as audits, investigations and tax proceedings, or changes in tax laws or in their interpretation or enforcement, could have a material adverse effect on the company’s effective tax rate, results of operations, cash flows and financial condition; Accenture’s ability to attract and retain business and employees may depend on its reputation in the marketplace; as a result of Accenture’s geographically diverse operations and its growth strategy to continue to expand in its key markets around the world, the company is more susceptible to certain risks; Accenture’s business could be materially adversely affected if the company incurs legal liability; Accenture’s work with government clients exposes the company to additional risks inherent in the government contracting environment; Accenture’s results of operations could be materially adversely affected by fluctuations in foreign currency exchange rates; if Accenture is unable to manage the organizational challenges associated with its size, the company might be unable to achieve its business objectives; if Accenture does not successfully manage and develop its relationships with key alliance partners or fails to anticipate and establish new alliances in new technologies, the company’s results of operations could be adversely affected; Accenture might not be successful at acquiring, investing in or integrating businesses, entering into joint ventures or divesting businesses; if Accenture is unable to protect or enforce its intellectual property rights or if Accenture’s services or solutions infringe upon the intellectual property rights of others or the company loses its ability to utilize the intellectual property of others, its business could be adversely affected; Accenture’s results of operations and share price could be adversely affected if it is unable to maintain effective internal controls; changes to accounting standards or in the estimates and assumptions Accenture makes in connection with the preparation of its consolidated financial statements could adversely affect its financial results; Accenture might be unable to access additional capital on favorable terms or at all and if the company raises equity capital, it may dilute its shareholders’ ownership interest in the company; Accenture may be subject to criticism and negative publicity related to its incorporation in Ireland; as well as the risks, uncertainties and other factors discussed under the “Risk Factors” heading in Accenture plc’s most recent Annual Report on Form 10-K and other documents filed with or furnished to the Securities and Exchange Commission. Statements in this news release speak only as of the date they were made, and Accenture undertakes no duty to update any forward-looking statements made in this news release or to conform such statements to actual results or changes in Accenture’s expectations.
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A technology leader with decades of global leadership experience across the pharmaceutical and healthcare sectors, Nichols’ appointment to the Board will bring extensive knowledge in clinical trial management technology to support and accelerate Avallano’s entry into the life sciences market.