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Why did Inmagic Choose SydneyPLUS?

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It comes down to three words: Ethos, Ethics, and Excitement. Please allow me to explain.

Ethos
When I speak to users from around the world, I find that Inmagic’s user are most often attracted to our products because you agree with Inmagic’s ethos. Our ethos infuses the way we build software and how we serve our customers. At the core of this ethos is a belief that says - we should build flexible, powerful software that non-techies can use in order to build, manage, and share critical information. Unlike many firms, Inmagic has always focused on building software that serves many industries rather than just one industry. We've served special libraries, archives, museums, associations, law firms, etc. since day one. We did not originate with a hardwired application, but rather a set of powerful tools that customers could easily adapt and bend to meet their unique needs.

While searching for a new partner, Inmagic focused on finding an organization that would enable us to build on this ethos and capitalize on synergies. Happily, we found a like-minded partner / parent in SydneyPLUS. While best known for its long standing ILS, SydneyPLUS now builds highly flexible software that adapts to meet the needs of each unique client. In fact, SydneyPLUS's "Information Manager" product, delivers a flexible and adaptable solution similar to Inmagic products and one that is not available from other ILS vendors or other possible parents. In addition, a sister SydneyPLUS company, Cuadra Associates, develops and implements an information management product called "STAR," that over the years I have frequently referred to as "DB/Text for Unix."

When looking for our next partner and reviewing the market leaders, we found that the fit in terms of ethos with SydneyPLUS was second to none.

Ethics
Inmagic has always felt that strong ethical treatment of customers, staff and partners was not a goal, but a requirement. When we went looking for a partner, we wanted a company that would also meet this high ethical bar. We wanted to know that Inmagic's strong beliefs would not be changed or compromised as a result of a new relationship. From previous experience and as a result of our research, we learned that some organizations make customers pay to export the customer's own data from their products. Others often sell a bare-bones system and then nickel and dime for additional components and capabilities necessary to operate as a complete integrated library solution. At Inmagic, we sell our Genie ILS with all the modules included and then allow you to choose the modules you deploy so that you never have any additional fees.  We wanted a partner who was supportive of this approach and where you can export the data any time you want, to either XML or to MARC (if you catalog in MARC).

We wanted a partner / parent that would not compromise these ethical business practices and we found that partner in SydneyPLUS.

Excitement
When Inmagic first took outside investment money from Edison Investment in 2007, we were full of excitement. Fresh capital to pursue our dreams and grow the company. Unfortunately, the excitement and shared vision did not last long. The traditional markets we served were not looked at as being strategic and we were told to find faster growing markets. After finding a few markets attractive to venture capital type investors, we decided that Inmagic's long standing customers would be best served by spinning out the "traditional" business. Thus begin the search for a good, stable, long term partner / parent, for Inmagic. When the pieces began to fall in place with SydneyPLUS, we were thrilled. With SydneyPLUS, we found a partner / parent that understood our market, our customers, and all of the challenges that come from serving non-profits, small archives, and the plethora of organizations that employ special librarians. And they shared our ethos for flexible solutions and our ethics to boot. You bet we were excited. We can now move forward and focus on our customers, accelerate development and be true to our heritage and culture. YAHOOO!

Closing
So why did Inmagic choose SydneyPLUS? Three words: ethos, ethics and excitement.

SydneyPLUS acquires our special library products

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We've made a move with global knowledge management solutions developer SydneyPLUS. The company has acquired Inmagic's special library business, as well as the Inmagic brand.

SydneyPLUS and Inmagic share a commitment to delivering world-class knowledge management products, and our companies have natural synergies to accelerate product development and enhance service to our customers.

As part of the transaction, we've also agreed to co-market Presto for Social Libraries. Inmagic, however, retains and will continue to market and sell our Presto technology and products, including Presto KnowledgeNet, Presto AssociatioNet, and Presto IdeaNet.

For more details about the acquisition, read on for the press release we issued today announcing the news. If you have any questions about the new Inmagic business unit, feel free to call us at 781-938-4444 or email us LibrarySales@Inmagic.com.



SydneyPLUS Acquires Inmagic's Special Library Products As Well As the Inmagic Brand

The move will strengthen both SydneyPLUS and the new Inmagic division by bringing together complementary technologies to meet the needs of special librarians, while allowing Inmagic, Inc. to focus on new markets

VANCOUVER, Canada and WOBURN, Mass.--(BUSINESS WIRE)--SydneyPLUS and Inmagic, Inc. today announced the acquisition of Inmagic's special library business by SydneyPLUS. The Inmagic special library business includes Inmagic's DB/Text® Library Suite of products: DB/TextWorks®, DB/Text® WebPublisher Pro, and Inmagic® Genie. Additionally, the companies are announcing a strategic partnership to co-market and support Inmagic's Presto for Social Libraries.

Adam Hartung on killing 'innovation killers'

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Phoenix Principle's Adam Hartung
If you've read Adam Hartung's blog, The Phoenix Principle, you might have seen him use terms like "innovation killers" and "status quo police." According to Adam, these are some of the biggest barriers to innovation in organizations.

When we read about them, we thought Adam articulated some key points about what impedes innovation in many organizations, including some obvious factors that we think many organizations just aren't thinking about.

We thought you'd be interested in hearing more on this, so we invited Adam on our blog for a podcast. To our pleasure, he was game.

How to allocate time, money, and people to innovation

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Destination Innovation's Paul Sloane
"You don’t get innovation for free. You have to allocate time and you have to allocate money and you have to allocate people if you’re going to generate innovation, if you’re going to find new ways to do things."

That's one of the main points Paul Sloane underscored in our recent interview with him. You can listen to that and much more in the full podcast here.



Paul is an author and speaker on innovation, leadership, and lateral thinking (puzzles where you're given a small amount of information, and have to ask questions to solve them).

8 features to look for in an idea management system

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Last month we posted a checklist to help guide you as you evaluate idea management systems. We developed it based on what our customers in the B2B high-tech space have told us is important to them in supporting ideation and managing product enhancements.

The result is a brief overview of what product managers and developers should look for in an idea management system. But we thought it would be valuable to expand upon each of the points to give you more detailed guidance.

So here, as part of our B2B Innovation blog series, are eight features to look for in an idea management system to help you collect, manage, discuss, and leverage the creative ideas of your customers and employees to drive innovation.

1. Sophisticated moderating and triaging capabilities. Moderation lets you control the publication of ideas into the system. However, look for systems that have additional functionality around this to support quality control, including the ability to edit and clarify submissions while preserving the original idea. Enhancing an idea -- or just fixing misspellings or other errors that detract from it -- ensures that ideas in the system are valuable and can be understood by other users. Tagging and categorization features help keep ideas organized and easy to find, because you can tag and publish ideas in multiple categories and create new custom categories if needed.

It's time to rock the vote!

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The Enterprise 2.0 Conference is holding another Launch Pad competition this year to find the market's favorite new and innovative E2.0 product or service. The competition is well underway, and I'm excited to report that Inmagic has made it to the second round!

If you're not unfamiliar with the Launch Pad competition, it pits companies against one another by asking them to first pitch their product on Twitter with the contest hashtag, #e2conflp. The E2 Launch Pad Jury narrowed down the entrants to eight quarter-finalists who go to the second round.

The quarter-finalists create a three-minute video showcasing their product, which are open to the public to vote for their favorite video. So we've been busy over the past couple of weeks creating our video showcasing IdeaNet. We've submitted it to the judges, who've added it to the voting page online.

Voting is now open, so it's time to get clicking!! Take a look at the entrants and vote for your favorite E2 Launch Pad video. Or for all our fans out there, I won't tell if you just skip ahead to ours and vote for it! ;) We hope we'll get your support. Thank you to everyone who punches the ballot for us!

Playbook for creating your 'innovation dream team'

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Earlier this week, we posted our podcast interview with University of Cincinnati's Drew Boyd, who dished on how to create your "innovation dream team." I wanted to follow up our interview today with the transcript, a.k.a. "playbook," to help you take your innovation dream team to the field. Read on for Drew's insights about:
  • Why innovation is a team sport
  • Tricks for breaking down organizational barriers and getting cross-functional teams working together
  • How to use systematic inventive thinking to come up with ideas for new features and products
  • Why "innovation rooms" and "innovation retreats" aren't all they're cracked up to be
  • Why companies should treat innovation like a regular business process
  • Business skills employees should develop to make them more innovative


Janelle: Hi, everyone. I'm Janelle Kozyra, your host for another Inmagic podcast. Today we are joined by Drew Boyd. And Drew is a corporate practitioner, teacher, researcher, and writer on innovation, marketing, and persuasion.

He is the Executive Director of the Master of Science in Marketing Program and Assistant Professor of Marketing and Innovation at the University of Cincinnati. He also blogs at InnovationInPractice.com. Drew, it's a pleasure to have you with us. Welcome to our podcast.

Drew: Thanks for having me.

Janelle: So you have an interesting background that's brought you to where you are today. So tell us a little bit about your professional history and what you do today.

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