Printer Friendly
The Free Library
19,564,061 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

"TechNexus" to Embrace and Grow Illinois Technology Industry.


Grand opening of "TechNexus" to take place on November 29

CHICAGO -- The Illinois IT Association (ITA ITA
abbr.
initial teaching alphabet


ITA initial teaching alphabet: a partly phonetic alphabet used to teach reading

ITA n abbr (BRIT) (= initial teaching alphabet) →
) in partnership with FastRoot Technology today announced the opening of "TechNexus," a unique technology business hub in Chicago.

TechNexus is a multipurpose mul·ti·pur·pose  
adj.
Designed or used for several purposes: a multipurpose room; multipurpose software.


multipurpose
Adjective
 "clubhouse" for the Illinois technology community that includes:

* A Technology Conference Center providing roundtables and events from 2-120 people

* Meeting space and video conferencing See videoconferencing.

(communications) video conferencing - A discussion between two or more groups of people who are in different places but can see and hear each other using electronic communications.
 for use by technology companies

* Office space for 10 "Companies-in-Residence"

* "Hoteling" space for ITA Members who do not have downtown office space but need the flexibility of an organized downtown presence

* An "ITA Clubhouse" where the community can come together to collaborate and build business

"There has been high demand in the technology community for a centralized cen·tral·ize  
v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es

v.tr.
1. To draw into or toward a center; consolidate.

2.
 nerve center where individuals and organizations can gather for innovation and collaboration," said Terry Howerton, ITA's chairman and FastRoot Technology's (www.fastroot.com) CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. . "The first month of the TechNexus has seen more than 125 non-resident technology executives passing through per week. We expect that to grow significantly."

This new space, located in downtown Chicago at 200 S. Wacker Drive Wacker Drive is a major street in Chicago, Illinois, United States, running along the south side of the main branch and the east side of the south branch of the Chicago River. , represents the physical embodiment em·bod·i·ment  
n.
1. The act of embodying or the state of being embodied.

2. One that embodies: "The flag is the embodiment, not of sentiment, but of history" 
 of community and is a great leap forward Great Leap Forward, 1957–60, Chinese economic plan aimed at revitalizing all sectors of the economy. Initiated by Mao Zedong, the plan emphasized decentralized, labor-intensive industrialization, typified by the construction of thousands of backyard steel  in the mission that myriad organizations are working towards of building a robust and collaborative technology community in Illinois.

"The Chicago metropolitan area “Chicagoland” redirects here. For for the racing venue, see Chicagoland Speedway.

The Chicago metropolitan area is the metropolitan area associated with the city of Chicago in the United States.
 is home to one of the greatest concentrations of information technology providers and buyers in the world, and the network stretches out statewide," said Fred Hoch, president of the ITA. "TechNexus provides an opportunity for us to converge and work together for mutual benefit and that of the state's overall technology community."

"We enjoy the vibrancy here and, of course, the inherent opportunities this space creates," said Dwight Koop, COO of Cohesive FT (www.cohesiveft.com), an early resident at TechNexus. "Beyond affordable office space, the ITA has helped us make the right connections to accelerate our business."

The Grand Opening of TechNexus will take place on Wednesday, November 29 from 5:00 to 8:00 p.m.

About the ITA

With roots dating back to 1982, the Illinois Information Technology Association (ITA) represents the interests of a diverse membership of more than 400 companies in Illinois that create, deploy and utilize information technology as a core part of their organization. By connecting members with industry peers and participants, providing the latest strategic information, market research and critical market insight and by promoting key thought leaders to raise visibility and gain a greater market awareness and presence, ITA is focused on building and developing the Illinois technology community through collaboration. Additional information is available at http://www.illinoistech.org/.
COPYRIGHT 2006 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2006, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Nov 27, 2006
Words:433
Previous Article:Fitch Comments: Scottish Re's Ratings Remain on Watch Negative.
Next Article:Brighten the Holidays, Save Electricity and Money with Tips from FPL.
Topics:



Related Articles
FINDING WISDOM IN FELLOWS' WORDS.
Global Dumping.
Country music, where art thou?
East Central Division. (MTNA Division News).
Gateway NAMA kicks off the season.
Jules Olitski: Knoedler & Company.
Reflections on Forgiveness and Spiritual Growth.
FASB's Crooch takes issue with FEI's CEO on financial statements.
A green for Treasury?
The front ranks: higher education in the Detroit Region is helping to reshape our economy.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles