"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/. |
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