Archive for the ‘Ottawa’ Category

Happy birthday to us

Wednesday, November 5th, 2008 by Francis

Although it had its genesis in a consulting practice that was already several years old, and its first employee had been in place for several months, inmedia Public Relations Inc. was legally incorporated on November 5, 1998, and so today is our tenth birthday.

I would be less than forthright if I said that 10 years after launching a technology focused PR firm that I had accomplished what I thought would be in place a decade out. The tech meltdown damn near put us under and the continued severe contraction of Ottawa’s tech sector means we have slim pickings here at home. And my initial business proposition, that we could create an agency of excellence and extract a premium from the marketplace for that excellence, has proven to be a tough pitch in a market that too often has yet to be weaned off mediocrity.

But we survived the meltdown, the only exclusively B2B technology PR practice in the city to do so. Today, we get very well paid for our excellence from clients who have come to understand the difference. And our deliberate business development strategy over the past three or four years has been to embrace Ottawa clients certainly, but also to aggressively pursue business anywhere and everywhere we see a good opportunity.

My excellent colleague Danny Sullivan’s self-repatriation to his native Scotland a few years back opened a whole new front for us, and our far-reaching Google Adwords campaigns and this blog have brought us amazing opportunities from many other corners. With Ottawa accounting for about 35% of our revenues, we have embraced clients and projects in Calgary, Toronto, Montréal, Fredericton, Moncton and St. John’s; in Boston, Jersey City, San Jose and Chicago; and in Edinburgh, Glasgow, Farnborough and London.

If the business outcome has not been everything I hoped for 10 years ago, the experience has been nonetheless incredible. Most noteworthy has been the extraordinary people who have come to work with me here at inmedia. In an industry where average employee tenure has been pegged at less than a year, inmedianauts tend to hang around for much longer, with the average tenure here topping three years and some having spent five, six and even seven years on board. The consultants who work here are the real product that we sell, and I have had the unmitigated pleasure of consistently being able to bring to market the very best product in the PR industry, period.

Similarly, we have worked on some amazing projects with some of the brightest minds in technology, business and marketing. Our web site lists nearly 90 clients with whom we have worked over the past 10 years, and each and every one of them has represented a unique story, a unique set of market dynamics and a unique set of media and analyst targets to whom that story needed to be told. It is this ever-changing nature of the business that makes PR consulting so fascinating to me.

It has been rewarding, challenging and frustrating, as most any worthwhile venture inevitably is. It has also been a period of considerable personal and professional growth, and I look forward to learning even more as this little PR company continues.

Technorati Tags: , , , ,

‘My PR agency can’t write’

Friday, October 24th, 2008 by Francis

“I’ve just come to expect that my (public relations) agency can’t write,” was the astonishing admission I heard a few weeks back from a vice president at one of Ottawa’s larger technology companies who called us to see if we’d be interested in participating in an agency review process.

(I’ve promised not to name him (or her) for reasons that will be obvious as you read the rest of this post.)

I could hardly believe my ears. But yes, he said, it had long been his experience that the PR practitioners he had been dealing with from a range of different agencies and across a number of companies just weren’t very good writers, and so it fell to him to write most of the materials used in his campaigns. One of the key reasons he was approaching inmedia, he told me, was our very strong reputation in the marketplace as superb writers, a reputation he said was confirmed when he read our blog and web site.

I chalked this one up to what I assumed was just an unfortunate experience on the part of one technology marketing executive until I relayed the story to a colleague last week, a CEO at another technology company here in Ottawa and an insightful marketer in his own right. I was again utterly gobsmacked when he said he didn’t view writing as a core requirement in the PR function, that the ability to pitch the story was far more important.

“And what do you do,” I asked him, “When the pitch is initially well received and the next words out of the reporter or editor’s mouth are, ‘Sounds good, send me something about it.’?”

Here’s the thing. To work at inmedia and, I believe, to be an effective media relations practitioner anywhere, you must be able to write at an expert level and you must be able to effectively pitch what you’ve written. There is no hierarchy between these two fundamental skills. Lack one, and you’re out of the game.

And here’s why.

To believe, as these two otherwise successful technology marketers clearly do, that writing is either not terribly important or that your PR function, whether internal or an agency, can be permitted to be lousy writers, is to completely beggar the entire communications process.

In the first instance, despite all the wonderful new communications tools at our disposal, most journalists still want to see something in cold, hard black and white, even if it is delivered electronically. And even if they don’t ask for it, it’s just gotta be in your best interests to give them well-written material so they have the complete story, with all the relevant facts and accurate spellings of company, product and people’s names to which they can refer. This is just so basic I’m staggered it needs stating.

Second, how in the heck does a PR practitioner demonstrate her or his understanding of the story without writing about it? Yes, a properly written document proves the communicator can — gasp! — communicate. That is, the words run together in some sort of comprehensible order, everything is spelled correctly and the commas and periods are in the right places. But it still won’t be any good unless the person writing it actually has a thorough grasp of the subject matter.

Effective writing is not a case of cutting and pasting bits and pieces from other documents to make a different document and it needs to be more than a merely technically accurate use of words, grammar and punctuation. Effective writing is the process of distilling what has been learned — from other documents, certainly, but also, and critically, from interviews with a range of subject-matter experts — into a new piece of work. It not only communicates the story to all who read it, it also demonstrates understanding.

Bottom line: If your agency can’t write about it well, they almost certainly can’t pitch it well. And even worse, they probably don’t even understand it well.

So, did we get the business? Well, that’s another story that I cover here: The Ottawa inferiority complex theorem strikes again.

Technorati Tags: , , ,

Mole hills can build mountains

Thursday, October 16th, 2008 by Leo

Labarge Weinstein hosted yet another well-attended and informative Startup Drop-in event last night for The Ottawa Network, and the theme of the evening demonstrated how seemingly innocuous things can have a most profound impact when duplicated on a large scale.

The theme was cleantech, featuring Ron Dizy of Sempa Power Systems, a Vancouver firm that specializes in hybrid power systems that help cut utility bills for commercial and industrial buildings. Ron talked about how customers can cut their power bills by 10 to 30 per cent by switching to electrical heating during off-peak hours and back to fossil fuel-based heating when the demand for, and the cost of, electricity is at its highest.

The evening also featured three of Ottawa’s rising stars in the cleantech sphere.

Energate, which helps consumers and utilities manage and reduce energy use in the home, was represented by chairman and CEO Niraj Bhargava. He emphasized the simple truth that we’re all creatures of habit unlikely to adopt methods of energy conservation if they mean curbing our use of the domestic comforts we’ve all come to take for granted, such as heating and air-conditioning. Energate’s speciality is managing energy use in ways we can bear to live with.

Dave Gerwing, president of Menova Energy, talked about how much power there is untapped in the rays of the sun. (I believe he said enough sunlight strikes the earth in one minute to power the planet for six months. Any error in that statement is entirely mine). But the trick is to capture it. Menova has developed a high-efficiency solar concentrator that captures this clean power source for electrical power, heating and lighting, hundreds of times more efficiently and at a fraction of the cost of traditional solar power technology.

But the most profound illustration of how the little things can add up to monumental proportions came from Scott Feagan, CEO of TireStamp. His company is in the business of making devices that allow corporate fleets to monitor and manage tire pressure and condition. Sounds like a practical enough solution, but not much of a “Wow” factor, is there?

Well, then Scott started talking about how quickly an under-inflated tire wears out, how under-inflation impacts fuel efficiency, how many gallons of oil are needed to make a replacement tire, the highway fatalities attributed every year to blowouts on commercial vehicles, and the billions some of the big parcel companies pay each year in fuel, no one in that room was left with any doubt that proper tire inflation and maintenance is a huge factor in reducing global pollution and resource consumption.

As individuals, we often wonder what we can do to make a difference. The truth is, there is no magic bullet to cure our environmental challenges. But, as last night’s event demonstrated, all those little things we can do, either at home, on the road or in the workplace, can add up in a big way.

Technorati Tags: , , , , , , , ,

A stick handler extraordinaire

Friday, October 10th, 2008 by Leo

Before I head off to a long weekend of turkey, ham and all the various and sundry other foodstuffs that go along with it, I’m joining what promises to be an A-list crowd peppered with big names from the NHL for tonight is the annual CEO of the Year gala hosted by my former colleagues at the Ottawa Business Journal.

It promises to be a memorable evening, even for one such as myself who has only a lukewarm interest in the professional hockey season, with tributes from Wayne Gretzky and NHL commissioner Gary Bettman.

They’re coming, of course, to honour the 2008 CEO of the Year, Ottawa Senators chief executive Roy Mlakar. This year’s pick, as determined by OBJ senior staff and the winners from previous years, is a departure from the typical private-sector executive one would expect in a tech-heavy town like Ottawa, but as this week’s profile in the OBJ attests,  Mlakar has proven himself a savvy and successful CEO who has confidently guided the franchise through some shaky times.

Congrats to Mlakar and hats off to the team at the OBJ for the work they do to recognize business excellence in our fair city.

Technorati Tags: , , , , , ,

An extraordinary week for Ottawa start-ups

Monday, June 2nd, 2008 by Francis

Last week was quite an extraordinary one for Ottawa’s start-up community.

Wow. When was the last time over the past six or eight or 10 years that I could make a bold statement like that and not have the guys in the white coats start measuring me for a jacket that buckles in the back?

And no, I’m not referring to a spate of product launches or company foundings or even venture capital funding announcements that would have been the basis of such enthusiasm in the past when Ottawa’s technology sector was dominated by capital-intensive efforts to invent a better telecom system or new semiconductor.

Instead, my enthusiasm today comes from a series of events we attended last week, all of which we blogged about and all of which contributed to a subtle but undeniable sense that something very exciting is afoot.

On Monday, I joined a warm and standing-room-only crowd at DemoCampOttawa9, where developers from six companies demonstrated their applications and received scads of intelligent, creative and constructively critical feedback from their peers.

Tuesday night, several generations of Ottawa technology entrepreneurs helped Ian Graham celebrate the official opening of his novel and creative co-working and collaboration space, TheCodeFactory. A series of short speeches was book-ended by veteran Denzil Doyle and emerging company founder Scott Lake. We here at inmediaare such big fans of what Ian is doing that we’ve signed on as founding partners of TheCodeFactory and we’ll be watching with more than passing interest as he builds a facility that is much needed in this town.

Wednesday night was The Ottawa Network’s regular monthly Start-up Drop-in at LaBarge Weinstein and this was when the penny really dropped for me. As I wrote here Friday, every speaker was, among other things, sounding the consistent notes that Ottawa’s start-up community is focused on exciting new opportunities in the online world, is actively supporting its individual members and is building a broadly collaborative and globally minded ecosystem that may just yet spit out the next Facebook.

Thursday night I took a pass. But my colleague Leo Valiquette attended an event that in many ways emphasised one of the key realities of this exciting new world. In a session titled, “Buddy, keep your million, but buy my product,” The Ottawa Network in collaboration with the city’s various technology clusters came to the inevitable next stage of its now three-year-old series on how to tap into venture capital.

The first year, the title was, “Buddy, can you spare a million,” emphasizing the traditional route to building a company — beg for whatever venture capital you can lay your hands on.

The second year’s title, “Buddy why should I give you a million,” betrayed the fact that most of the begging was going wholly unanswered as VCs shut their wallets and became unyieldingly skeptical about the business plans they were seeing.

Last week’s title brought the whole thing full circle. If you can’t beg funding from VCs who either don’t have it or won’t invest it, then you have to build a company the old-fashioned way — develop a product and find someone who wants to pay you money to buy.

What a concept.

Fortunately, this reality now aligns with what Ottawa’s startups are doing anyway. Exciting and promising new ventures really can be launched on a shoestring. When a budding entrepreneur needs help, there is a wealth of events to attend, or many willing peers in the community who will contribute counsel or even hands-on support. When the venture grows a bit larger, places like TheCodeFactory will give it an affordable home. And by the time the VCs come calling, they really won’t be needed very much.

Hold the buckled jacket. It really is an exciting new day here in Ottawa.

Technorati Tags: , , , , , , , ,

Buddy, how the heck do I build a business?

Friday, May 30th, 2008 by Leo

What does it take to build a successful business from scratch without selling your soul to the venture capitalists? Pretty much what it takes to turn any vision into reality – persistence, optimism and thinking first about qualifying the market demand for what you want to offer.

Last night at the Marshes Golf Club, six local entrepreneurs, a couple fresh out of school, the rest somewhat grayer, manned a panel to discuss how they developed their individual businesses without the aid of venture capital dollars. The event was called Buddy keep your Million – but buy my product! To my mind, their insights are key to the success of any venture regardless of who is filling your bank account.

First up was the energetic Aydin Mirzaee, founder of bOK Systems Corp. and Chide.it. For him it’s all about persistence. He told the story of how Col. Sanders, a retiree not so keen about living on a fixed income, hit the road with his family chicken recipe and endured over 1,000 rejections before finding a restaurant willing to pay him royalties.

Next came the equally young and enterprising Kareem Sultan of RaceDV. The right mentor made all the difference for him. In this case, an employer who encouraged him to use his downtime at work to pursue his interests and to “go out and learn something.”  When things began to move along, his employer continued to help him incubate his idea, and, most importantly, allowed him to retain full ownership of his intellectual property.

Moving down the line came a more seasoned entrepreneur, Scott Lake, founder of Jaded Pixel and Shopify. With his focus on open-source software development, he puts a high premium on cultivating a passionate community following around a product to generate word of mouth and provide user feedback. But in addition to that, it must be an interactive communication, in which your developers have a dialogue with this community. It’s all about harnessing the power of social media.

Next up was Paul Slaby. His latest role is CEO of Kaben Wireless, but he has a long track record in Ottawa, with start-ups that include ATMOS and VoIPShield. What he found when he arrived at Kaben was a very strong engineering culture that needed to refocus on sales and marketing. Customer money is the best money to have he said, and one of the most effective ways to get it is to develop the services side of your business early. For him, that has translated into joint ventures on product development and providing that partner with outsourced R&D services with a running royalty arrangement.

For the next speaker, Wael Aggan of TradeMerit, one truth has been self-evident since his first venture in Egypt more than 30 years ago—define a market niche first, figure out how you will engineer a product to fill that need second. His preference is always to define a niche and dominate it, rather than pursue a broader market opportunity where there might already be established incumbents or too much open playing field for “me too” rivals to muscle in.

Lastly, Rob Lane of Overlay.TV discussed how it was the right choice for his company to secure venture capital financing. For the market his company is trying to tackle and the big incumbents that are already there, an infusion of VC cash was the only way for his company to generate adequate market momentum. However, his message is that each individual must first define what success means for them. Is it a $1-million venture, a $10-million venture, or a $1-billion one? (And of course, VCs won’t bother with anything that doesn’t have the potential to become at least a $100-million enterprise). He also stressed the importance of global networking thanks to the dramatic impact of social media. 

Technorati Tags: , , , , ,

It’s about more than the written word

Thursday, May 29th, 2008 by Linda

It’s true, a lot of a PR consultant’s time is spent writing; writing news releases, backgrounders, bylined articles, biographies, blog posts (ahem)… all in the hope that interested journalists or editors will take what we’ve written and repurpose it or use it as source material to develop their own coverage of our client or its product. But an integrated approach to media relations recognizes that while a lot of the stuff we’re pursuing is print or online coverage, there are other media channels and formats that strongly influence decision-makers in the B2B marketplace, including radio and television. Each format has its place in your program and can have valuable impact when properly incorporated into your media relations activities.

The Buggles had it wrong, I’m afraid - video did not kill the radio star, at least when it comes to B2B marketing.

According to a recent article from btobonline, radio is very influential in this arena. “A study by Media Audit found that 55% of business owners, partners and corporate officers listen to the radio between 5 a.m. and 10 a.m., compared with 45% of the general population. The telephone survey, which took the pulse of 6,860 business executives in 88 U.S. cities in 2006 and 2007, also found that on an average day, 75% of these executives tune to radio, compared with 68% of the general market. According to the survey, the top radio formats for reaching business executives are: news/talk (21%), public radio (17%), country (12%) and talk (11%).”

We are lucky in Ottawa that we have a supportive and interesting radio program in CFRA’s Business @ Night. We often have our clients appear on the show, capably hosted by Greg Hebert, and have had a lot of anecdotal feedback from interviewees that not only does Greg do his homework but that they’ve been approached by customers and prospects to say that they heard the interview. When targeting a local initiative, this penetration can be very valuable and help achieve goals relating to local investment, attracting and retaining staff, and building corporate goodwill by highlighting the company’s activities in the community, among others.

National radio programs, like the Business Network on the CBC every morning at 5:45am, hit a much larger audience both numerically and geographically, and can provide a useful venue for your company’s leadership team to demonstrate their subject-matter expertise or contribute worthwhile dialog to conversations about pressing business issues.

Television has not yet been eclipsed by the internet as a key influencer of the business elite in America, those top executives who have the final say on purchasing decisions. According to the Ipsos’ BE: USA 2007, The Media Survey of the United States’ Business Elite, 70% have watched network television and 60% have watched cable television in the previous day, where just over 50% went online. The convergence of video and the web, though, has gained traction with nearly half having streamed or watched a broadband video from their computers in the last month.

As other bloggers have previously reported, print remains king. “The business elite turn to national newspapers first for deeper understanding of the issues that matter to them, particularly financial and business news (18% of the projected C-suite universe), as they trust newspapers to have the best journalists (28%) and reliable reporting (23%) … For keeping abreast of technology, this group of decision-makers prefers business magazines (22%), such as weeklies BusinessWeek (20%), bi-monthly publications such as Fortune (18%) and Forbes (17%), and monthly publications like CFO (15%). Business magazines are also this group’s primary resource for informative advertising (15%), general business help (32%), and information to manage their career development (29%).”

When targeting your customers, keep all forms of media in mind, not just print and online. There may be other channels that are more appropriate to deliver your message and your PR agency should recognize and pursue these avenues to ensure that your coverage is having the greatest impact on your target audience.

Technorati Tags: , ,

TheCodeFactory: ‘A place for innovation to grow’

Wednesday, May 28th, 2008 by Leo

Now we’ve got it, let’s put it to good use.

Last night was the official launch of TheCodeFactory, a private business accelerator/incubator intended to help fill the gap between a great idea and a commercial product gaining traction in the marketplace. It’s the cherished baby of business consultant Ian Graham and its launch attracted plenty of interest from the local business community, including remarks from Denny Doyle, the “Don Cherry of Ottawa’s tech sector,” Mike Milinkovich, executive director of the Eclipse Foundation, and Scott Lake, founding partner of both Jaded Pixel and Shopify and blogger on Startup Ottawa.

First up, I’ll freely admit inmedia’s support of TheCodeFactory and my role as PR flack for its launch. But my personal interest and support for this project goes right back to my previous incarnation as editor of the OBJ and my favourite hot-button topics. We need to foster a culture of true entrepreneurship in this town defined by people who want to build a successful company versus those in search of a paycheque who are just trying to give themselves a job. Problem is, having that mindset is only half the battle. You need the means to get from the idea stage to the cash-flow stage. Plenty of great ideas with talented, committed people behind them wither and die thanks to a lack of support for the earliest stages of the start-up lifecycle.

That’s where TheCodeFactory comes in.  

What Ian is offering up is a combination of office space for start-ups looking for a desk without all the administrative and costly aggravation of setting up their own office. That’s the fourth floor. What’s truly unique is what’s on the second floor. There he offers co-working space with the relaxed atmosphere of a coffee bar (with full connectivity, of course) where entrepreneurs at every stage and code warriors from local schools can network, collaborate, troubleshoot and refine their ideas, even connect for potential employment opportunities.

It’s this unique community approach, the emphasis on creating a “vital, vibrant, ecosystem” that truly sets TheCodeFactory apart from other venues that fit into the business accelerator category. And Ottawa couldn’t need it more. We’ve seen a host of anchor tech tenants of one stripe or another downsize, pull up stakes or get bought out over the past while. There’s plenty of volatility and uncertainty our there, the perfect breeding ground for startups as people decide it’s time take hold of their destiny and go into business for themselves. It’s been referred to as the “supernova effect,” as experienced and savvy individuals disperse their knowledge and expertise throughout the tech community like seeds cast to the winds. 

In this environment, TheCodeFactory is just the kind of place we need for those seeds to sprout into new ventures or for that kind of experience to be made available to others. As Scott said in his remarks last night, it’s “a place for innovation to grow.”

Technorati Tags: , , , , , , , , , , , , ,

The benefits of an agency having a horizontal account structure

Friday, May 2nd, 2008 by Linda

This week has been a perfect case in point for why inmedia has a horizontal rather than a vertical account structure. What I mean by that is that our agency, unlike a lot of agencies, puts at least two senior consultants on each account. It is these consultants, with support from the balance of the team, that do all - and I mean all - of the work on a client account, from initial briefings with the client to developing the media list, to writing the materials, to pitching the story to the media and so on. That way, if one of the consultants is unavailable or out of town on business as is the case this week, the remaining consultants can capably manage any and all requirements for that client because they’ve been involved from the outset and have the same knowledge about the client as the other consultant.

In agencies that employ a vertical account structure, the most junior of consultants with the least experience is typically tasked with outreach to the media, having had little to no involvement in the procuring of the client, the learning of their story or development of the materials. If a journalist has a question that requires additional knowledge beyond the news release that the consultant has been handed to pitch, well, let’s just say that it’s this lack of full understanding of clients and their stories that has given our industry such a bad reputation.

This has been a busy week, with a number of our consultants doing international travel, new clients coming into the fold, big projects with upcoming deadlines in production and preparations to be made for several major campaigns getting underway next week. Still, despite being far flung across time zones and countries, the team has been able to keep all of the proper plates spinning because of our account schema. This provides both our clients and consultants with peace of mind, knowing that the needs of clients are not superseded by out of office requirements and that work continues seamlessly on their behalf.

That said, it’ll be nice to have the Ottawa team assembled once again when two of our consultants return from overseas, to hear of their most recent adventures and determine whether any of them picked up a detectable brogue on their travels.

Technorati Tags: , ,

India a challenging but promising market, entrepreneurs hear

Wednesday, March 19th, 2008 by Francis

FlagIndiaOttawa technology entrepreneurs were reminded again this morning that India is the world’s second-fastest growing market encompassing 1.1 billion consumers, 300 million of them middle class and about 500 million of them under 25, and that with a confluence of manpower, money and a can-d0 attitude, it’s a market most technology companies will want to consider.

At the same time, Peter Sommerer, a veteran of Ottawa’s telecom sector who now advises companies on how to do business on the sub-continent, warned that there are still many challenges associated with chasing that opportunity. Quoting his former boss and current investment partner Terry Matthews, Sommerer said, “If it wasn’t easy, everyone would be doing it.”

Sommerer, who heads up consulting firm Erlauf Holding, was speaking to the regular Dollars and Sense CFO’s forum along with Raj Narula, co-founder of TaraSpan Group, which also helps companies explore business opportunities in India. The two also presented what they called a platform that has been developed by TaraSpan and Matthews’s private investment company, Wesley Clover, that technology companies can use to expedite their entry into the Indian market.

Technorati Tags: , ,