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  • 19 Apr 2016 7:49 AM | Anonymous member (Administrator)

    Small Cap Inphi Gets Big Lift From Microsoft Deal




    When a small-cap semiconductor company starts getting mentioned alongside the likes of Microsoft (MSFT), Apple (AAPL), Facebook (FB) and (AMZN), Wall Street tends to take notice.

    That’s what happened recently when Inphi (IPHI), a maker of high-speed semiconductors, said it will team with Microsoft on a new product designed to make it easier for companies to connect data centers.

    The news prompted several analysts to upgrade shares of Inphi, which has a market cap of about $1.3 billion. Deutsche Bank’s Ross Seymore upgraded Inphi to buy from hold and hiked his price target on the stock to 40 from 30. Analysts with Northland and Stifel Nicolaus also raised their price targets on Inphi.

    “We have long acknowledged Inphi’s solid execution and technology position but have maintained a hold rating awaiting an opportunistic entry point,” Seymore wrote in a research report. “The size and diversity of the growth drivers the company is addressing are too compelling to ignore.”


    Inphi’s new product — known in industry parlance as a 100-gigabit, 4-level pulse amplitude modulation (PAM4) platform — has been dubbed “ColorZ.” It’s capable of connecting multiple data centers within 50 miles.

    Introduced on March 22 at the annual Optical Fiber Communications conference in Anaheim, Calif., ColorZ helped Inphi shares to a 5% gain that day and almost 8% the next. The stock kept moving higher in subsequent sessions — setting a new high of 34.87 on April 1 — and it currently trades near 34.

    NA_inphiA_041516Inphi is due to report first-quarter results after the close on April 28. Analysts polled by Thomson Reuters expect earnings of 26 cents a share, up 13% from a year earlier. Revenue is seen rising 12% to $66.3 million. Full-year earnings are expected to climb 24% in 2016 and another 30% in 2017.

    The current industry standard is for a much slower 10-gigabit platform. ColorZ also is less expensive than other 100-gigabit options, such as long-haul products that cover much wider distances. The product will be able to deliver more than four terabits of bandwidth over a single fiber when it becomes available later this year, likely during the third quarter.

    ColorZ represents another stage in a relationship that began in 2013, when Microsoft enlisted Inphi to help resolve some of its data center issues.

    “The ability to provide high bandwidth connectivity in a form factor that is smaller, uses less power and is less expensive than today’s solutions is a benefit to Microsoft and the cloud market in general,” Jeff Cox, Microsoft’s senior director of network architecture, said in a statement.

    Rivaling Giants?

    Some analysts expect ColorZ to rival infrastructures by such tech heavyweights as Apple, Facebook and — all of which have been expanding their cloud operations to meet growing demand for online content. In addition to speeding the process of building out data centers at Microsoft, the ColorZ also is expected to expand the entire cloud computing industry.

    The data center interconnect market is estimated at just above $1 billion, according to industry tracker ACG Research. It is expected to reach $4.7 billion by 2019.

    Inphi has a number of products designed to tap into that and other markets. The company’s lineup includes analog multiplexers, encoders, amplifiers and memory buffers for servers, routers and storage equipment.

    These products let central processing units use available memory resources more efficiently. It also provides high-speed analog semiconductor solutions for the communications market and high-speed memory interface solutions for the computing market.

    ‘Data Explosion’

    Much of Inphi’s growth is expected to come from rising demand for 100-gigabit optical networks amid what some industry experts call a “data explosion.” This explosion has been driven by the growth of social networking, cloud computing, e-commerce and “Big Data” — the term used to describe large, complex data that cannot be handled by traditional data processing applications.

    “Our consistent view has been, and continues to be, that the explosion of Big Data and the need for its rapid transmission is an ongoing trend and an enormous opportunity for Inphi,” Chief Executive Ford Tamer said on a fourth-quarter conference call with analysts. “We firmly believe the transition to higher-speed data movement enabled by Inphi is ongoing and inevitable.”

    Last month’s Inphi-Microsoft product announcement fortifies Inphi’s leadership in the transition, analysts say. In a recent note, Sterne Agee CRT analyst Douglas Freedman said the announcement demonstrates Inphi’s ability to build optical solutions that are “market disruptive” and can expand the total available market.

    NAbx041816Inphi uses the occasional acquisition to bolster its technology and market share, though the company also invests a lot of money in research and development. Last year its R&D expense was $106.4 million, up 50% from the prior year.

    Double-Digit Growth

    Financially, Inphi has delivered nine straight quarters of double-digit revenue growth. As for the bottom line, it had posted eight straight quarters of double- or triple-digit earnings growth before the streak ended during the 2015 fourth quarter.

    Earnings for that quarter came in at 32 cents a share, up 7% from the prior year and 6 cents above consensus analyst views. Revenue gained 18% to $64.4 million, in line with estimates.

    “With optical demand recovering in all three major geographies, (Inphi) has good visibility into its core infrastructure business through (the first half of 2016),” Needham analyst Quinn Bolton said in a research note. “We remain confident in (Inphi’s) growth prospects.”

    One potential headwind is Inphi’s exposure to China, where the company received just more than one-third of its revenue last year. China’s slowing economic growth is seen as a risk for companies with large stakes in the country, though CEO Tamer downplayed that risk during the fourth-quarter conference call.

    “While there are some warnings of impending market weakness, particularly from China,” Tamer said, “we at Inphi have seen a resumption of growth based on the renewed build-out of telecom and cloud infrastructure.”

  • 14 Apr 2016 3:06 PM | Anonymous member (Administrator)

    Cisco Warmth Breaks the Ice in Lebanon


    Photo of children in classroom

    There are 1.4 million Syrian refugees in Lebanon and half of them are children. The Cisco Lebanon team provided warm clothing to refugees at a camp near the border with Syria.

    It was a two-hour drive from the Cisco office in Beirut, Lebanon, to the refugee camp near the border with Syria. My Cisco colleagues and I were carrying packages of hoodies, sweatshirts and wool socks for Syrian refugees. As we entered the camp on that icy winter's day, we were met by a Syrian woman curious about the nature of our visit.

    "We're bringing new clothes for the children," I said as we unloaded packages. "The sizes might not be a perfect fit, and the colors are not the best."

    The expression on the woman's face changed from despair to hope. She told us how she had fled her village in Syria, leaving most of the family's clothes and belongings behind. The kids didn't have the warm clothes they needed to brave the winter, she said. Our gift of clothing would help.

    Seeing these Syrian villagers ripped from their homeland by war and destruction brought back memories for me. When I was a child in the 1980s, my homeland of Lebanon was torn by a bloody civil war and regional conflict. We knew what it was like to see buildings explode around you and gun battles raging in the street. In search of safety and a better future, my parents moved us to Cyprus, where I spent most of my youth. I returned to Lebanon after the war was over, but bombing and armed conflicts continue to plague my country to this day.

    Photo of the Cisco Lebanon team

    The Cisco Lebanon team sorting packages of clothing. Left to right: Talal Hawat, Farah Jaber, Mohamad Abdel Malak, Issam Abdel Malak, Karim Kattouf, Joe Berbari, and Fouad Solh.

    And now there's another civil war in the region, this time in neighboring Syria. It's a human crisis of overwhelming proportions. Some 1.4 million Syrian refugees have already fled into Lebanon—half of them children.

    I was already working at Cisco when the refugee crisis emerged. One day in the Beirut office, we were talking about the conflict when our general manager for Lebanon, Hani Raad, decided we should take action. With a harsh winter upon us, he suggested we work together to provide warm clothes for the children. And so our campaign was born.

    Giving back is part of our DNA at Cisco. It made a huge impression on me a few years ago, when I had a six-month assignment with our Corporate Social Responsibility (CSR) program. It became clear to me that having a positive impact on people is a core Cisco value.

    That's why it was imperative for our Cisco team in Lebanon to do something for the refugees. Once we entered the camp on that icy day and began handing out the packages of clothing, we saw smiles appear on the faces of the children. They didn't care that the clothes were not a perfect fit, or that the colors of the socks were not the best. One of the children immediately put on his hoody and made a V-sign with his hand for peace. It was a very innocent gesture, and we hope that peace will prevail in the region. It was a day we will always remember.

    The children raising the Cisco-provided packages in their makeshift classroom. There are 1.4 million refugees in Lebanon, half of them children.

    The smiles on the children’s faces were a joy to see.

    I have been at Cisco for eight years. I'm currently an Investigator in the Brand Protection team.

    The Cisco office is located in downtown Beirut, which is only a two-hour drive to the refugee camp near the border with Syria.

    The children raising the Cisco-provided packages in their makeshift classroom. There are 1.4 million refugees in Lebanon, half of them children.

    The smiles on the children’s faces were a joy to see.

    I have been at Cisco for eight years. I'm currently an Investigator in the Brand Protection team.

    The Cisco office is located in downtown Beirut, which is only a two-hour drive to the refugee camp near the border with Syria.

    The children raising the Cisco-provided packages in their makeshift classroom. There are 1.4 million refugees in Lebanon, half of them children.

    The smiles on the children’s faces were a joy to see.

    I have been at Cisco for eight years. I'm currently an Investigator in the Brand Protection team.

    The Cisco office is located in downtown Beirut, which is only a two-hour drive to the refugee camp near the border with Syria.

    Related Links:

    Partnership for Lebanon

    The Number of Syrian Refugees in Lebanon Passes the 1 Million Mark

    Cisco Employee Volunteers Make a Difference in Lebanon

  • 11 Apr 2016 7:49 AM | Anonymous member (Administrator)

    Click here for more information:

    Unite Lebanon Youth Project

    Date: Saturday, April 16, 2016

    Time: 4:30-6 pm

    Location: Arab American Cultural Center of the Silicon Valley

    Address: 3968 Twilight Drive San Jose, CA 95125

    RSVP by 4/13 to Maha Neouchy at

    Please join us at the Arab American Cultural Center of the Silicon Valley for

    a chance to hear from Nicole Eid Abuhaydar, the director of Unite

    Lebanon Youth Project (ULYP).

    Nicole will be visiting from Lebanon and touring the US on behalf of ULYP.

    She will share firsthand information about Syrian and Palestinian refugees

    as well as the marginalized living in Lebanon and how ULYP is working

    diligently to serve them. For Nicole, education is the only tool for social

    development and she approaches the issue of marginalization with a

    resolution that the word refugee is not synonymous with a person who has

    no potential or culture.

    Nicole's work at ULYP gives equal access to children, youth and women

    from different communities by creating opportunities and programs for

    them to meet each other, learn together and understand that diversity is a

    cause to celebrate not discriminate.

    Nicole will take half an hour to share and present ULYP success stories

    followed by a Q&A. The session will then be followed with coffee hour

    where light hors d'oeurves will be served.

  • 31 Mar 2016 5:22 PM | Anonymous member (Administrator)



    FADEL was named one of 2016’s Top 30 Fastest Growing Companies by The Silicon ReviewThe publication’s latest issue features some of the most dynamic companiesthat have made significant contributions in the field of Business and Technology. 

    “Technology like FADEL’s is critical to [technology innovators'] success and ability to manage and monetize new innovations effectively. We monitor companies like FADEL that demonstrate this domain influence as well as revenue growth, creativity in innovation and strong customer reviews,” said Sreshtha Banerjee, Managing Editor, The Silicon Review.

    EmailthumbnailFADEL: Empowering Innovators with Forward-Thinking Intellectual Property Commerce Solutions

    Innovators in media, entertainment, publishing, and high tech are producing more licensable intellectual property (IP) than ever before–creatively packaging content, brands, components, and products to fuel and foster significant business growth and profitability for companies of every size.

    A pioneer in the rights and royalty management space, FADEL provides cloud-based software and expert services that allow companies to protect, manage and monetize their IP. With its unique position in the market, FADEL has been recognized by Silicon Review as one of the Top 30 Fastest Growing Companies for 2016. Using FADEL solutions, businesses can easily verify, capture and govern their new innovations, arming them in the ever-increasing market of IP commerce. Read the full article >>

    For more information visit or email us at


    FADEL logo

  • 29 Mar 2016 7:39 AM | Anonymous member (Administrator)

    Silicon Valley to host the 2016 Global Entrepreneurship Summit

    By Catherine Cheney  18 November 2015

    U.S. President Barack Obama announces the 2016 Global Entrepreneurship Summit will take place in “the birthplace of modern innovation.”

    U.S. President Barack Obama announced Wednesday that Silicon Valley will be the next host for the 2016 Global Entrepreneurship Summit. The annual conference, which first took place in Washington, D.C., has since convened innovators and leaders across sectors in Turkey, the United Arab Emirates, Malaysia, Morocco, and most recently, Kenya. This summer, Obama will lead the U.S. delegation to join 1,000 attendees in “the birthplace of modern innovation.”

    "The White House is excited to bring Global Entrepreneurship Summit to Silicon Valley to showcase the best of America's diverse entrepreneurial spirit and expose the U.S. to incredible entrepreneurs from all corners of the world,” Ned Price, spokesman for the National Security Council, told Devex in an email ahead of the public announcement.

    An event last month organized by the White House, U.S. Agency for International Development, and the State Department in San Francisco may have been a hint at this announcement. The event, titled “Taking Action on Investment in Africa,” was framed as a follow up to this year’s Global Entrepreneurship Summit. It brought together venture capitalists like Christine Tsai of 500 Startups and social entrepreneurs like Xavier Helgesen of Off Grid Electric. And it built momentum for the idea of bringing GES 2016 to Silicon Valley.

    “You are impact ambassadors,” Sarah Heck, who represented the White House at the event, said to an audience of Silicon Valley stakeholders from Google, The African Diaspora Network, Khosla Impact, and elsewhere whom she thanked for “helping us drive our policies forward.”

    It is a common adage that while innovation is universal, opportunity is not. In his video announcing GES 2016, which was timed to coincide with Global Entrepreneurship Week, Obama explained how the summit offers unique opportunities for entrepreneurs — particularly those from marginalized communities — to connect with one another, hear feedback on their ideas, and build networks to turn vision into reality.

    The tech sector needs to step up to tackle some of the shared global challenges, Ann Mei Chang, director of USAID’s Global Development Lab, told Devex in a recent interview that discussed some of the motivations for increasing USAID partnerships with the tech sector.

    U.S. President Barack Obama during the opening plenary session of the 2015 Global Entrepreneurship Summit held in Nairobi, Kenya. Photo by: U.S. Embassy Nairobi

    “It's not only about the technologies here, but I think it's at least as much about the approach and the speed at which things happen and the energy that people have towards really solving tough problems,” Chang said of Silicon Valley. “And that's the kind of ethos that we want to bring to international development.” 

    Silicon Valley is no stranger to convenings of entrepreneurs, from a range of mentorship programs bringing tech leaders together with developing country entrepreneurs, to the growth of incubators and accelerators to the annual SOCAP conference. This week, for example, entrepreneurs have to pick and choose between the Lean Startup Conference in San Francisco and the Social Innovation Summit in Redwood City.

    But what sets the Global Entrepreneurship Summit apart is its potential to bridge the divide between the East Coast and West Coast global development communities. The event will likely do its best to involve the influential diaspora community, harness the capital and “can do” spirit of Silicon Valley, and unite government and tech to support new ventures that offer promising solutions to global challenges.

    For more info, visit and stay tuned to Devex for updates.

    Catherine Cheney

    Catherine Cheney covers the West Coast global development community for Devex. Since graduating from Yale University, where she earned bachelor's and master's degrees in political science, Catherine has worked as a reporter and editor for a range of publications including World Politics Review, POLITICO, and NationSwell, a media company and membership network she helped to build. She is also an ambassador for the Solutions Journalism Network and the Franklin Project at the Aspen Institute.

  • 28 Mar 2016 9:14 AM | Anonymous member (Administrator)

    New insights on what makes emerging market entrepreneurship accelerators work

    By Adva Saldinger  @deveximpact 28 March 2016

    A new report examines the effectiveness of accelerators and incubators working in development. Photo by: Village Capital

    Accelerators work, but the best ways to help entrepreneurs may surprise many startup veterans, according to a report released Monday that, for the first time, examines the effectiveness of accelerators and incubators working in development.

    Choosing quality ideas, giving entrepreneurs more free time, focusing on communication and networking, and starting early are among the most effective ways to help startups get off the ground, the report, published by the Global Accelerator Learning Initiative, found. Another conclusion may also sound familiar to humanitarians: there is no one-size-fits-all approach, and understanding local context is key.

    The report comes amid a rise in the number of accelerators and incubators geared toward companies hoping to provide answers to what would traditionally be questions of aid and development.

    The authors studied the accelerators run by Village Capital, an organization that helps train and fund entrepreneurs “solving global problems.” Because Village Capital’s accelerators share much in common with other similar programs, the study’s authors believe their findings may have broader implications.

    “On average, acceleration does seem to be working,” said Saurabh Lall, the research director for the Aspen Network of Development Entrepreneurs, which helped co-author the report. According to the report data, businesses that went through an accelerator raised almost eight times the investment money than nonaccelerated businesses. Still, the success of businesses in the accelerators varied.

    The most successful of Village Capital’s programs were in the United States and Mexico, whereas the lowest performing were in developing countries. And while the study didn’t go into great detail about those differences, the findings highlight the need for tailored programs that approach each context differently.

    Adopting a copy paste mentality of exporting U.S.-style accelerators doesn’t work, said Ross Baird, the executive director of Village Capital.

    “The results have definitely made us, particularly in emerging markets, throw out a lot of the original programming,” he said. “It made us rethink the ways that we help entrepreneurs communicate and have opportunities.”

    Curriculum and content

    The GALI report is aimed at finding strategies that work — and don’t work — in structuring these programs.

    For example, many programs today pack the curriculum agenda for entrepreneurs in an effort to help them get the most out of the experience. But GALI’s research shows that top performing programs actually gave entrepreneurs the most time on their own to work individually on their business or network.

    “It kind of goes against the notion of value added,” said report co-author Peter Roberts, a professor and the academic director of social enterprise at Emory University’s Goizueta Business School. He said it may be a challenge for accelerators to accept that they are still doing their jobs even if they are not filling every minute with programming.

    Accelerators in the developing world also tend to focus their curriculum heavily on business plans and financial skills. But the report showed that the most effective programs spent less time on those hard skills and more time on softer skills like communication, presentation and networking.

    “Time-bound, curriculum-based, mentor-driven programs do not work as well in emerging markets as they do in the U.S.,” Baird said, adding that it’s a clear indication that emerging markets entrepreneurship support programs need to be structured differently.

    Especially where English is a second language, teaching communication skills to mitigate the barriers between entrepreneurs and investors has proven to be important, he said.

    The quality of partners – investment companies or initiatives Village Capital brought on – or their willingness to “roll up their sleeves and work on content” rather than just bringing their brand, were also shown to be an important factor, Lall said.

    The same rings true with mentors. Strong and committed mentors are important, but not all mentors make a significant difference, the report found. Having famous names was less important than having mentors who could spend time with the entrepreneurs and help with the challenges unique to them.

    Similarly, well-known brands may not always be good fits as partners companies. Those companies’ employees may be used to having abundant resources, whereas the entrepreneurs they are advising are operating in a resource scarce environment, Baird said.

    Some of the lessons about content may seem like common sense to some educators. Throwing a lot of information at someone over a short period of time can create cognitive overload, for example.

    In light of the GALI findings, Village Capital will pivot to teach more hard skills remotely, including online, while focusing on networking and other soft skills in person.

    Admissions and selection

    The GALI report also aimed to study how accelerators can select companies to maximize success.

    While some accelerators may be inclined to boast a high number of applications and low acceptance rate, the study found that the most successful programs had fewer applicants. Many such programs were more targeted by sector, and the preparation of those applicants was generally better.

    “The quality of the applicant pool is clearly superior in programs that are doing better,” Roberts said, adding that the trick is understanding a particular sector or location’s ecosystem and getting the right people to apply.

    That’s another lesson Village Capital will try to now apply, focusing on the quality of applicants rather than using quantity as a key performance indicator. This “is definitely a shift,” Baird said.

    The organization will also think differently about how it selects participants based on the findings in the data that showed that early stage entrepreneurs tended to benefit the most from acceleration.

    Selecting the right companies at this early stage is a challenge, and financial figures may not be the best indicators, the report also finds. Good entrepreneurs with fewer resources — who might be prime candidates — are sometimes eliminated from the process when revenue is the main selector. That’s a particular issue in emerging markets, where it can be difficult to gain traction with seed investors if you can’t self fund or lack the networks to raise money.

    “I think one of the things pretty much everybody gets wrong is entrepreneur evaluation and the capability of the founding team,” Baird said. “We do not have a sophisticated way to evaluate how good the team or jockey is.”

    Village Capital will try to take a wider lens in how it evaluates entrepreneurs, including possibly through psychometric tests, Baird said.

    Looking ahead

    The GALI report is just the first in what authors hope will be a quarterly research series on accelerators, particularly in developing countries. They have already gathered data from other programs and will continue to do so as they build the database.

    This first report “stimulates the need to take a deliberate and structured look at developing countries,” Roberts said.

    Up next will likely be an analysis of accelerators in Latin America run by nonprofitTechnoServe, looking at how factors across different countries impact the success of the program. GALI will also be doing some mapping of accelerators across the globe and will work to publish data as they go.

    “This design is more actionable,” Roberts said, so that programs and donors can adjust their strategies as they go.

    Join Devex to network with peers, discover talent and forge new partnerships in international development — it’s free. Then sign up for the Devex Impact newsletter to receive cutting-edge news and analysis at the intersection of business and development.

    About the author


    Adva Saldinger @deveximpact

    As a Devex Impact associate editor, Adva leads coverage of the intersection of business and international development. From partnerships to trade and social entrepreneurship to impact investing, she enjoys exploring the role the private sector and private capital play in development. Previously, she has worked as a reporter at newspapers in both the U.S. and South Africa. Most recently, she has been ghostwriting a memoir for a former child slave and NGO founder in Ghana.

  • 23 Mar 2016 11:39 AM | Anonymous member (Administrator)

    Hello and welcome to STEM (STartup Ecosystem Megaphone), a series of short, plain-text weekly updates about the Lebanese startup ecosystem.

    In this STEM, I'll be covering Startups On A Plane's Dubai & Tehran Trip, Krimston TWO's Kickstarter Launch, UNICEF & Techfugees' Youth Innovation Workshop, and Startup Megaphone's London Entrepreneurs Dinner.

    On April 3, Startups On A Plane (SOAP, a Startup Megaphone initiative), is taking a delegation of 25 key Lebanese entrepreneurs, investors, and ecosystem stakeholders to Dubai and Tehran, to explore the region's biggest markets.

    In Dubai, April 3 - 5, SOAP has partnered with Step Conference - as the Exclusive Yacht Partner - to provide the Lebanese delegation with a high profile networking platform and a series of exclusive activities, ensuring unparalleled exposure and visibility in the sea of 6,000+ attendees. If you're attending, make sure you drop by the SOAP Yacht that's docked in the marina.

    In Tehran, April 6 - 8, SOAP has partnered with local startups, VCs, accelerators, and support institutions, including SaravaAvatechDigikalaCafe Bazaar, and Hamfekr to provide the Lebanese delegation with a comprehensive view of the Iranian startup ecosystem, and the unprecedented opportunities arising from the lifting of sanctions in 2016.
    If you'd like to take part in Startups On A Plane, apply here:
    (we've got a few seats available for non-Lebanese / Lebanon based individuals)

    In other news, Krimston, a Lebanese hardware startup, just launched its first product (Krimston TWO) on Kickstarter. Unlike most Kickstarter campaigns, Krimston has actually finished developing and prototyping the TWO, with the campaign designed to ramp up pre-orders rather than test the market - this drastically lowers the 'crowdfunding risk', thus facilitating participation. The TWO is the world's first smart dual SIM case for the iPhone. Check it out here:

    Meanwhile, UNICEF and Techfugees successfully wrapped up their 3-Day Innovation Workshop in Beirut, having brought together local youth organizations, the startup community, and international experts to design a “Youth Innovation Program” to boost the entrepreneurial talent of Syrian, Palestinian and and Lebanese youth living in Lebanon. Mike Butcher, Editor-at-Large of TechCrunch, and a dozen of international experts flew in to lead, facilitate, and participate in the workshop. Some photos from the workshop: Follow:@UNICEFLebanon & @Techfugees

    In closing, London's 1st Lebanese Entrepreneurs Dinner MC'ed by Mike Butcher and hosted by Startup Megaphone, was held on Wednesday March 9 2016 at a Lebanese restaurant in West London. It brought together 24 entrepreneurs, investors, and ecosystem stakeholders with a vested interest in Lebanon's startup ecosystem. The evening ended with a collective desire to reinforce the Lebanese entrepreneurs in London community with regular dinners, gatherings, and inclusive activities. Photos from the dinner can be found here:

  • 17 Mar 2016 2:10 PM | Anonymous member (Administrator)

    Dr. Magid Abraham Receives Advertising Research Foundation's Lifetime Achievement AwardcomScore chairman and co-founder honored for significant contributions to the industry

    RESTON, Va.March 16, 2016 /PRNewswire/ -- Today, at The Advertising Research Foundation's (The ARF) Re:Think 2016 conference, comScore (NASDAQ: SCOR) chairman and co-founder, Dr. Magid Abraham, received the Lifetime Achievement Award as part of ARF's Great Mind Awards series. This award recognizes individuals who have made significant and fundamental contributions to the research industry.

    "Magid Abraham has brought an entrepreneurial mindset to creatively improve measurement systems for over three decades," statedGayle Fuguitt, CEO and President, The Advertising Research Foundation. "His work is distinguished not only by his willingness to take risks and experiment, but by an acute discipline to science and rigorous methodological approaches. He has personally stood for a better understanding of How Advertising Works. I join so many who have personally benefitted from his solutions over the course of our careers."

    "I am both honored and humbled to receive the Lifetime Achievement Award from The ARF," said Dr. Magid Abraham, chairman and co-founder of comScore. "I am fortunate to have had the opportunity to learn from great mentors and work alongside so many bright individuals over the years as we've tried to push the boundaries of innovation and develop new techniques to advance our industry. I am also incredibly grateful – to America which, more than any country on earth, welcomes talent and embraces merit and hard work."

    For more than three decades, Dr. Abraham has moved the marketing research and advertising industries forward through the leading companies that he's founded. From the scanner data revolution in the eighties through the digital media revolution in the last 20 years, his innovative product developments and groundbreaking research in the field of marketing and advertising analytics have repeatedly raised the bar for the industry on measurement standards. As co-founder, former CEO and current executive chairman of comScore, Dr. Abraham has built the premier digital media research company while helping the industry address major issues such as the measurement of digital audiences, cross-platform behavior, ad viewability and digital advertising effectiveness.

    In approaching these massive industry challenges, he has (1) been the driving force behind a number of products and methodologies that have revolutionized audience and advertising measurement, (2) developed some of the seminal industry research that led to his receiving a number of prestigious awards, and (3) provided instrumental leadership at two of the top 10 market research companies in the world.

    Industry Influencers on Magid's Leadership

    "I have had the pleasure of working side-by-side with Magid for the better part of a quarter century building very successful market research companies, first at IRI and now at comScore. It's been an inspiring relationship, I never cease to be amazed by his ability to conjure up new databases and analytical applications, many of which have become standard offerings and/or methodologies in the practice of market research. Magid is a true 'engine of innovation' who has contributed mightily to the growth and development of our profession." – Gian Fulgoni, chairman emeritus and co-founder, comScore

    "Magid Abraham is an inspiring leader and true measurement visionary. I've been fortunate to work in a variety of roles at comScore for more than 15 years and have had the pleasure of seeing Magid in action every day. Early in my tenure he became my mentor and impressed upon me the importance of hard work and tenacity. He has worked tirelessly to develop innovative methods and products which have helped define how the digital world is measured. His foresight in understanding the transformative impact that digital technologies would have on the world of advertising led him to co-found comScore and his continual embrace of change and drive to improve have be key to maintaining its industry leadership. Few people have had such an impact on our industry in their lifetime; it's been an honor to work alongside Magid."  – Serge Matta, CEO, comScore

    "Magid Abraham is an inspiring innovator in our industry with an intellect that is at a far higher level than most of us. He has moved our industry forward by merging big data analytics with original measurement in order to fill knowledge gaps and drive digital commerce. As a result, comScore is the standard in digital platform measurement. Few people can do what he does so well in terms of breaking down complex challenges in simple, logical ways in order to overcome them. I personally thank Magid for meeting the challenge and providing the leadership necessary to create Project Blueprint with ESPN. This project represented ground-breaking innovation and accelerated the industry forward from a standstill in cross-platform measurement. This was a massive challenge that few others could have conquered." – Artie Bulgrin, SVP Global Research & Analytics, ESPN, Inc.

    "Magid is an exceptional thinker and leader, who continues to inspire everyone around him to greater understanding and accomplishment. I will always remember the first time I met Magid in the relatively early days of media measurement.  He came to explain the general challenges of measurement, and we had a spirited and enlightening conversation. Unlike most other industry leaders, Magid had a deep, personal, granular understanding of the data, the commerce of media, metrics and analytics. He also had (and continues to have) a clear, practical, no-nonsense communication style that stripped away confusion. He uniquely masters both the technical and commercial aspects of this complex field and remains at the forefront of influence and innovation." – Joan Lewis, Strategic Consultant and comScore Board Member

    "Magid Abraham is one of the brightest minds in market research.  He has been an incredible mentor and continues to challenge everyone around him to attack problems with fresh eyes, fight your own predispositions, and let actual evidence lead you forward."Cameron Meierhoefer, COO, comScore

    "Magid is not only an amazingly smart and good mathematical modeler and programmer, but he also could understand and communicate with Marketing and other Managers clearly in their language with an unusual empathy. Excellent modelers with excellent communication skills are very rare. He also is a very good strategic thinker and was an excellent senior executive for both MDS and IRI. Most importantly, he is a good person and I still count him as a close friend." – Len Lodish, Samuel R. Harrell Emeritus Professor, Leader and Co-founder, Global Consulting Practicum and Emeritus Professor of Marketing, The Wharton School,University of Pennsylvania

    About comScore 
    comScore, Inc. (NASDAQ: SCOR) is a leading cross-platform measurement company that precisely measures audiences, brands and consumer behavior everywhere. comScore completed its merger with Rentrak Corporation in January 2016, to create the new model for a dynamic, cross-platform world. Built on precision and innovation, our unmatched data footprint combines proprietary digital, TV and movie intelligence with vast demographic details to quantify consumers' multiscreen behavior at massive scale. This approach helps media companies monetize their complete audiences and allows marketers to reach these audiences more effectively. With more than 3,200 clients and global footprint in more than 75 countries, comScore is delivering the future of measurement. For more information on comScore, please visit

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    SOURCE comScore

  • 16 Mar 2016 7:35 PM | Anonymous member (Administrator)

    STEP Conference will be happening this April 4 & 5 at the Dubai International Marine Club. Two full days of talks, workshops, and sessions with experts from the tech, digital, and entertainment industries, including mentorship sessions with Speed@BDD's CEO, Mr. Sami Abou Saab, and CTO, Mr. Fares Samara, are waiting for you! 

    If you haven't purchased your ticket yet, be among the first 10 Speed@BDD community members to benefit from a 50% discount on STEP2016 regular attendee tickets. Use Speed@BDD's promo code (CPYF5ZFQ) on the following website. Hurry up! This offer will expire in one week. 

    Scroll down for a quick overview!

    STEP2016 Main Tracks

    2 Days. 3 Tracks. 80+ Speakers. 20+ Topics. 

    VCs. Investors. Startup Founders. Tech Giants. All taking on the latest trends and challenges in the tech industry.

    Digital Gurus. CMOs. Agency Heads. All discussing how tech revolutionized media and content

    Producers. Artists. Gamers. Athletes. All coming together to tackle how the modern audience has forced the industry to embrace tech.

    See Announced Speakers
    Arif Naqvi
    The Abraaj Group
    Fadi Ghandour
    Wamda Capital
    See All Happenings

    All activities will be running during the two days of the event.

    STEP2016 Sponsors & Partners

    STEP2016 Community Partners

  • 14 Mar 2016 8:28 AM | Anonymous member (Administrator)

    Read full article here

    World Bank mapping Lebanon’s Tech Ecosystem

    Cities are emerging as hubs of technological innovation.The rise of technology startups in cities is leading to new sources of employment and economic growth, by creation of new businesses and employment categories.

    The World Bank is partnering with local innovation stakeholders and the Ministry of Economy and Trade to map Lebanon's tech ecosystem with the goal is to understand the social dynamics. By understanding these dynamics, ecosystem actors can develop programs and actions that support and catalyze the tech community. 

    These dynamics range from who are your mentors, how did you meet your co-founders, who funded your idea, what support programs do you access, what tech events do you attend and did you ever participate in an incubator. 

    This is a continued effort from the World Bank’s MIEP Program, which has the goal to to increase local entrepreneurship and innovation. 

    A previous World Bank study on New York City was conducted, with the the findings pointing out that the social dimension, or the interpersonal connections and communities, are critical for the growth and sustainability of the ecosystem; and, that networking assets (defined as community building events, skill training events, collaboration spaces, and networking of mentors) are central to this social dimension.

    The World Bank is calling on entrepreneurs and members of startups to fill out their survey which will ultimately help to boost Lebanon’s tech ecosystem. Upon completing the survey, entrepreneurs will get custom visualization of their own mini-ecosystem and be included in the broader Lebanon map. 

    Take the survey here:

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