BlueCava Selected by AlwaysOn as One of the AlwaysOn Global 100 Companies to Watch

IRVINE, CA and NEW YORK, NY (PRWEB) July 19, 2014

BlueCava (, a leading provider of cross-screen marketing solutions, today announced that it has been chosen by AlwaysOn as one of the AlwaysOn Global 100 Companies to Watch. Inclusion in the AlwaysOn Global 100 Companies to Watch acknowledges leadership in game-changing approaches and technologies that are likely to disrupt existing markets and entrenched players. BlueCava was specially selected by the AlwaysOn editorial team and industry experts spanning the globe based on the following criteria: innovation, market potential, commercialization, stakeholder value, and media buzz.

BlueCava and the AlwaysOn Global 100 Companies to Watch will be honored at AlwaysOns tenth annual Innovation Summit at the Computer History Museum in Mountain View, CA, on July 29th and 30th, 2014.

This two-day exclusive event treats attendees to a high-level debate and discourse on top trends and opportunities in the booming digital media, entertainment, on-demand, and cloud computing sectors. The Innovation Summit is produced in an intimate and social setting, where participants can easily meet up, socially network, and make deals happen.

As users shift from desktop to mobile, and more IT departments turn to the cloud, the Global Silicon Valley is opening up new markets for amazing new apps and services. More and more legacy institutions are being driven by technology innovation, demanding partners that deliver quality and efficiency. This years up-and-comers are quickly moving into these new markets and bringing quick, nimble apps to users ready to adapt to technologys changing landscape, said Tony Perkins, founder and editor of AlwaysOn. The technology marketplace is led by the companies that made this years AlwaysOn Global 100 Companies to Watch list. We congratulate the AlwaysOn Global 100 Companies to Watch, companies that our editors believe represent some of the highest-growth opportunities in todays private company marketplace.

The AlwaysOn Global 100 Companies to Watch winners were selected from among hundreds of other technology companies nominated by investors, bankers, journalists, and industry insiders. The AlwaysOn editorial team conducted a rigorous three-month selection process to finalize the 2014 list.

BlueCavas Audience Association Platform offers the industrys first open PaaS (platform-as-a-service) for associating devices (mobile and desktop) to consumers and households in real-time. BlueCavas core device recognition technologies enable advertisers and other AdTech providers with new capabilities to target users sequentially across their various devices, optimize programmatic buying, improve accuracy and increase campaign ROI.

A full list of all the AlwaysOn Global 100 Companies to Watch winners can be found on the AlwaysOn website at

With consumers increasingly moving between multiple device types and channels throughout the day, it is harder than ever for marketers to know they are reaching the right person on the right device at the right time, said John Sherrod, BlueCavas COO. Our platform enables true reach and frequency and provides the measure of accountability needed to ensure the connection to consumers and their households, so marketers can be confident their message is delivered to their true target audience.

About BlueCava

BlueCava is on a mission to change the way digital advertising is delivered, measured, and optimized, acting as a catalyst for cross-screen enterprises of all proficiencies, with an emphasis on openness and sustainability. Its privacy-first Audience Association solution makes the connections between screens, consumers and households, enabling advertisers, publishers and AdTech providers to recognize a single audience across all platforms, and discover new touch points as additional screens are utilized. With insight into which screens influence and convert, combined with meaningful audience data, participating marketers are armed with actionable metrics that improve user experience, increase conversion and maximize revenue.

Founded in 2010, BlueCava maintains offices in New York City and Irvine, California. To learn more about its services and offerings, please visit its social media pages and

About AlwaysOn

AlwaysOn is the leading business media brand connecting and informing the entrepreneurial community in the Global Silicon Valley. Founded by Red Herring founding editor Tony Perkins in 2003, AlwaysOns mission is to continue to lead the industry by empowering its readers, event participants, sponsors, bloggers, and advertisers like no other media brand.

Related Cloud Computing Press Releases

Agile IT Makes San Diego Business Journals Top 100 Fastest-Growing Private Companies List

San Diego, California (PRWEB) July 15, 2014

With the San Diego business scene experiencing an emergence of innovation and businesses using new technologies to get ahead, San Diego-based Agile IT is being recognized for its growth, coming in as No. 15 on the San Diego Business Journals 100 Fastest Growing Private Companies list.

The list showcases the regions fastest-growing companies based on growth in gross revenue over the last three years. The Business Journal hosted a special awards reception at the Paradise Point Resort & Spa on Thursday, July 10, to honor companies that made the 2014 list.

Were happy to be recognized for our growth, but we remain devoted to providing top-quality customer service, forward-thinking advic, and easy-to-understand training on the latest tools to help our client partners grow their businesses as well, said John Gilham, CEO of Agile IT. Business leaders and IT professionals should be looking for technology solutions that will save them money, simplify their business operations, and increase their organizations competitive advantage, and thats where we can help.

One of the first service providers to deliver Office 365 solutions, Microsoft named Agile IT as 2014 Southwest Area Cloud Partner of the Year, 2013 West Region Cloud Partner of the Year, and 2012 Southwest Area Cloud Partner of the Year awards. The companys advanced expertise in Microsoft technologies such as SharePoint, System Center, CRM, SQL, Active Directory, and Exchange Server, along with a more broad focus of IT support, Cloud computing, Office 365 migrations, and VoIP is helping its clients maximize their investment in technology.

To see the list of services Agile IT provides and how the company has helped a wide range of organizations be more successful with the use of technology, visit

Agile IT, based in San Diego, has been a trusted advisor for corporate, government, education, and non-profit customers nationwide since 2006. The company uses its technical expertise and best-in-class Microsoft Partner status to be adaptive, responsive, and strategic on behalf of its client partners communicating in plain English, maximizing their return on investment, and helping drive their success.

ECI Honored as Bronze Winner in the 9th Annual Hot Companies and Best Products Awards in Cloud Computing/Software as a Service

Elkhart, IN (PRWEB) June 25, 2014

Electronic Commerce, Inc. (ECI) has been named a bronze winner of the 9th Annual 2014 Hot Companies and Best Products Awards in Cloud Computing/Software as a Service (SaaS) by Network Products Guide, an industry-leading technology research and advisory guide. The industry and peer recognitions from Network Products Guide are premier information technology awards honoring achievements and recognitions in every facet of the IT industry, world-wide.

ECIs proprietary HR software technology, Empower, is a web-based Human Capital Management (HCM) solution designed to accommodate midsize organizations. Featuring a unique single source cloud-based platform, Empower delivers a unified database and robust capabilities that cover the entire employee lifecycle, including Applicant Recruitment, Onboarding, Self Service, Online Benefit Enrollment, Human Resource Management, Benefits Management, Payroll, Learning Management, Performance Management, and Time and Labor Management. Empowers robust technology offers user-friendly enhanced data management, peripheral system integrations, and third-party interfacing. Available via a SaaS delivery platform, Empower is an exceptionally cost-effective solution that generates virtually no IT footprint while providing anytime, anywhere access to HCM data and technologies.

Hot Companies and Best Products award winners were honored in San Francisco on Tuesday, June 23, 2014 during the 9th annual dinner and presentations. A yearly achievements and recognition awards program with active participation from a broad spectrum of industry voices, the coveted Hot Companies and Best Products recognition program encompasses the worlds best in organizational performance, products and services, hot technologies, executives and management teams, successful deployments, product management and engineering, customer satisfaction, and public relations in every area of information technology.

To be recognized by the IT industry for our cloud-based HR software technology is a great honor, said Jeff Lacy, ECI President and CEO. This further validates our position as a company poised to successfully overcome the outdated and inefficient processes HR teams struggle with today, and help them become more strategic, contributing members of their organizations with our unified solution.

About Network Products Guide Awards

As industrys leading technology research and advisory publication, Network Products Guide plays a vital role in keeping decision makers and end-users informed of the choices they can make in all areas of information technology. You will discover a wealth of information and tools in this guide including the best products and services, roadmaps, industry directions, technology advancements and independent product evaluations that facilitate in making the most pertinent technology decisions impacting business and personal goals. The guide follows conscientious research methodologies developed and enhanced by industry experts. To learn more, visit

About ECI

Specializing in HCM solutions, ECI

SURE! Inks Partnership With Gintel to Jointly Offer Subscription Management Solutions to UC, MVNOs and Telecom Companies

Hyderabad, India (PRWEB UK) 17 June 2014

SURE!, a market leading and comprehensive Subscription Management Product Suite from Magnaquest Technologies, has been chosen as a partner by Gintel to jointly offer world-class subscription management solutions to companies across the world in the field of Unified Communications, MNOs, MVNOs, service providers and telecoms operators. Gintel, based in Norway, is a leading developer of advanced application software for telecoms operators and service providers, enabling them to offer innovative and highly competitive services to the profitable business subscriber segment.

SURE!, a Magnaquest product, which is partnered with Gintels Easy Business Communications Suite for offering out-of-the-box solutions to Unified Communication (UC) service providers, harnesses the peerless position of Gintel, at the forefront of IN and service innovation for over 15 years, and the reach of its solutions and applications which are used by millions of subscribers each day.

Gintels Easy Business Communications Suite is a powerful solution that enables service providers to launch hosted mobile UC services for enterprise and SME customers. It supports advanced inbound call management services, IVR / Auto-Attendant, switchboard and a host of features designed to enrich business communications. A comprehensive mobile PBX solution is available together with a range of options to deliver a complete mobile UC service. It has been deployed by leading MNOs and MVNOs around the world.

SURE! is a globally recognized which automates Subscription business operations related to Subscriber Management, Package/Bundle & Pricing Management, Metering, Rating, Billing, Sales and Promotions, Partner Management and Customer Self-Care.

This partnership enables the combination of SURE! and Gintels Easy Business Communications Suite to provide a range of best-in-breed and customized solutions to the OSS, BSS and Authentication-related solutions to UC and Collaboration service providers.

Gintel AS, whose solutions are platform independent and have been deployed in Tier 1 networks around the world, provides the assurance that our pioneering technology is rooted in practical experience. The partnership will help SURE! to extend its market leadership in Asia, Africa and Latin America and to establish its presence in Europe and North American markets.

Gintels solutions, which dramatically change the way in which operators compose and deliver services to enterprise customers, offer a compelling value proposition and service offer. The partnership is built on our unique combination of in-depth telco domain knowledge and the expertise to leverage emerging IT principles. Together, Gintel and SURE! Helps service providers to roll out services quickly and simply, delivering out-of-the-box solutions to their customers.

In partnership, the experience and expertise of Gintel and SURE! is expected to significantly influence the market in the provision of end-to-end enterprise management solutions (BSS & OSS) for a range of technologies globally.

Reacting to the selection of SURE! as a global partner by Gintel, Ramakrishna Mashetty, Chief Marketing Officer, SURE!, said, SURE!, (a Magnaquest product), is proud to have been chosen by Gintel as a global partner. Since its establishment as an R&D division of Telenor and spun-out as an independent company in 2001, Gintel has been leading the Unified Communications market in Europe and North America regions and is a trend setter, with exceptional skill and domain knowledge. It is a reflection of our own market strength and leadership that Gintel has chosen to partner with us. Together, we can set the market abuzz with extraordinary solutions, joint innovation and unparalleled market solutions.

Partnerships are critical to enabling service providers get to market faster and realize their potential. The combination of SURE! and Gintels Easy Business Communications Suite delivers powerful, turnkey solutions that help service providers deliver UC services to enterprise and SME customers. Were delighted to have built a relationship with the Magnaquest team and look forward to building greater market presence through our collaboration, said Guy Redmill, Director Marketing, Gintel, after inking with partnership with SURE!.

About SURE!

SURE!, a Magnaquest Product, is Subscription Lifecycle Management (for TV, Media & Entertainment, Broadband, Cloud Computing) with end-to-end solutions including Billing, CRM, Service & Usage Fulfillment, Customer Service, Metered and Convergent Billing, Pre-Paid and Post-Paid Enablement, among others.

SURE! manages functions from acquisition, order taking, service provisioning, billing, payments and customer care. It empowers service providers to introduce new products/services within no time, have a 360 degree visibility of the customer in a single window facilitating excellent customer service. SURE! arrests revenue leakages and helps manage their operations at low costs unmatched in the industry.

For more information, please visit:

Follow SURE! on Twitter: @experiencesure.

About Gintel

Gintel delivers a range of value-added services to mobile network operators that generate revenue, profit and offer rapid return on investment. Our solutions enable MNOs, MVNOs and other Service Providers to offer a range of cloud-based or hosted services to enterprise, SME, and consumer subscribers.

These services include enterprise applications such as Mobile Unified Communications, Mobile PBX, IP Centrex, and Virtual Contact Centres; and consumer-focused applications such as Parental Control, Home Zone and Family Calling Packages.

Members of the leading operator groups from around the world such as Telenor, Orange, Tele2, Axiata and others have chosen Gintels expertise and experience to drive revenue, profit and growth. Gintel AS is registered and headquartered in Norway.

For more information, please visit:

Revenue Recognition for Service Companies Webcast from Trustantial

Dallas, TX (PRWEB) June 13, 2014

A new webcast is announced for service companies who are seeking assistance with revenue recognition management through the AICPA-preferred financial management software, Intacct.

Sponsored by Trustantial, a provider of Accounting and Financial Management software to growing businesses throughout Texas, this webcast will show viewers new ways to meet revenue management challenges, improve profitability in each project, and recognize benefits offered by choosing a financial management provider with your business productivity in mind.

Scheduled for Wednesday July 2, 2014 at 1 PM CDT, Revenue Recognition Made Easy for Services Companies will cover the following topics and show how your business can achieve the following:

Recognize Revenue
Decouple Revenue Recognition
Automate Deferral and Recognition

Again, this Webcast will be held on July 2, 2014 at 1 PM CDT. Link here to register for Revenue Recognition Webcast.


About Trustantial

Trustantial is a leading provider of a range of accounting-related services, from accounting software implementation and integration, to tax, bookkeeping, payroll and related services. Trustantial is a reseller of the leading AICPA-approved cloud accounting software for small and mid-size businesses and organizations Intacct.

The team at Trustantial prides itself on developing long-term relationships with clients based on providing efficient, expert solutions to businesses and individuals. Were big enough to support complex implementations, yet small enough to offer personal and responsive service. Follow us on Twitter (@Trustantial), and contact us at or 844-TXCLOUD to see how you can receive a free trial and achieve more with Intacct.

About Intacct

Intacct is the cloud financial management company. Bringing cloud computing to finance and accounting, Intaccts award-winning applications are the preferred financial applications for AICPA business solutions. Intacct accounting software, in use by more than 7,500 organizations from startups to public companies, is designed to improve company performance and make finance more productive.

Intacct provides professional financial management and accounting software for streamlining your services business using a single, connected system to manage the end-to-end process of delivering services to your customerson-time, within budgetand improve revenue per employee by up to 23%. For more information, please visit or call 877-437-7765.

FortyCloud Introduces Game-Changing Network Security Service that Lets Companies Turn Their Public Cloud — Private

San Francisco, CA (PRWEB) May 29, 2014

FortyCloud, a pioneer in network Security-as-a-Service for the cloud, today introduced its offering that breaks new ground by enabling companies to make their public cloud — private. FortyCloud is the only vendor to uniquely combine software defined networking (SDN) and software defined security (SDS) technologies. In doing so, the FortyCloud Solution isolates and interconnects cloud deployments using a distinct overlay network. By harnessing FortyClouds overlay network, an organization is now able to build and control its own secure, flexible, and scalable virtual private cloud network over any, or over multiple, cloud infrastructure platforms (i.e.: Amazon, Rackspace, Google) as well as data centers.

According to a 451 Research report, there are a number of concerns that companies face in migrating to the cloud. Notably, 69% of respondents named security as the number one concern, overshadowing their concerns over all the other cloud migration issues.

By 2017, the public cloud market overall will grow 18.5% to $ 131 billion, with IaaS (Infrastructure-as-a-Service) being one of the fastest growing parts of public cloud services, according to Gartner. FortyCloud was designed to help companies, which have already migrated or are planning to migrate to the cloud, greatly improve their ability to:

BioPharm Systems Named to the 2013 Inc. 500|5000 List of Fastest-Growing Companies in the U.S. for Fourth Consecutive Year

San Mateo, CA (PRWEB) August 21, 2013

BioPharm Systems, a leading global IT consulting and managed services provider (MSP) specializing in Oracle’s clinical trial, data, safety, and pharmacovigilance management systems, today announced that it has been named to Inc. magazine’s list of the fastest-growing private companies in the United States for 2013 for the fourth consecutive year. The Inc. 500|5000 ranks companies by overall revenue growth over a three-year period.

“2012 was our best year yet,” said Alex Sefanov, president and CEO of BioPharm Systems. “We saw growth in all areas of our business, but in particular, our private cloud hosting services experienced a significant amount of interest. Almost every prospective client is asking us to include a hosting option in our proposals, and most of them take us up on this offer. 2013 is promising to be an even better year for us.”

“Not all the companies in the Inc. 500|5000 are in glamorous industries, but in their fields they are as famous as household name companies simply by virtue of being great at what they do,” said Inc. magazine Editor Eric Schurenberg. “They are the hidden champions of job growth and innovation, the real muscle of the American economy.”

BioPharm Systems is a Gold level member of Oracle PartnerNetwork (OPN) and an Oracle Accelerate solution provider. The company has achieved Specializations in Oracle Argus Safety Suite, Oracle Life Sciences Data Hub and Oracle Accelerate for Midsize Companies.

About Inc.

Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today’s innovative company builders. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 6,000,000 today. For more information, visit Microsoft, Zappos, Intuit, Jamba Juice, Zipcar, Clif Bar, Vizio, Oracle, and numerous other well-known brands have been honored by the Inc. 500|5000.

About Oracle PartnerNetwork

Oracle PartnerNetwork (OPN) Specialized is the latest version of Oracle’s partner program that provides partners with tools to better develop, sell and implement Oracle solutions. OPN Specialized offers resources to train and support specialized knowledge of Oracle products and solutions and has evolved to recognize Oracle’s growing product portfolio, partner base and business opportunity. Key to the latest enhancements to OPN is the ability for partners to differentiate through Specializations. Specializations are achieved through competency development, business results, expertise, and proven success. To find out more, visit

About Oracle Accelerate

Oracle Accelerate provides simple to deploy, packaged, enterprise-class software solutions to growing midsize organizations through Oracles network of expert partners. Oracle Accelerate solutions enable growing midsize organizations to easily adopt Oracle’s enterprise class software. Created by Oracle’s expert partners, Oracle Accelerate solutions are simple to deploy, industry-specific packaged solutions, designed for fast time to benefit, which means getting the right solution in place quickly, inexpensively with a controlled scope and predictable returns. The best Oracle Accelerate Solutions are based on Oracle Business Accelerators, which are advanced implementation tools, created and maintained by Oracle. To find out more, visit

About BioPharm Systems

BioPharm Systems ( is a global IT consulting and managed services provider (MSP) that focuses on the life sciences industry. We have extensive experience in the implementation, integration, migration, upgrade, and hosting of the following Oracle clinical trial management, drug safety and pharmacovigilance, clinical data warehousing and analytics, clinical data management, and electronic data capture systems: ClearTrial, Siebel Clinical, LabPas, Argus Safety Suite (Argus Safety, Argus Safety Japan, Affiliate, Interchange, Reconciliation, Dossier, Insight, and Perceptive), Adverse Event Reporting System (AERS), Empirica Signal, Empirica Topics, Life Sciences Data Hub (LSH), Clinical Development Analytics (CDA), Oracle Clinical, Remote Data Capture (RDC), and Thesaurus Management System (TMS).

Founded in 1995 and headquartered in California, BioPharm Systems has offices in the United States and the United Kingdom. To learn more about the company’s products and services, please call +1 877 654 0033 (U.S.), +44 (0) 1865 910200 (U.K.), or e-mail info(at)biopharm(dot)com.


Oracle and Java are registered trademarks of Oracle and/or its affiliates.

North America Sales Contacts:

Rod Roderick

Vice President of Sales, Trial Management Solutions


+1 877 654 0033

Vicky Green

Vice President of Sales, Data Management Solutions


+1 877 654 0033

Europe/Middle East/Africa Sales Contact:

Rudolf Coetzee

Director of Business Development, EMEA


+44 (0) 1865 910200

Communications Contact:

Eugene Sefanov

Marketing Communications Manager


+1 617 795 2032





Google Plus:


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NYC Area Companies to Test Drive Microsoft Office 365 at Hands-on Cloud Computing Labs

Hoboken, NJ (PRWEB) April 18, 2014

eMazzanti Technologies today announced a free learning and networking opportunity for NYC area businesses. Two hands-on Microsoft Office 365 Cloud computing luncheons are scheduled for April 23rd at the Microsoft Training Center in Times Square and two on April 24th at the Culinary Conference Center in Jersey City. The Hudson County Chamber of Commerce is co-hosting the New Jersey event.

At the Office 365 Test Drive event New York Metro area companies will experience a different kind of meeting designed to address what gets in the way of business productivity and focusing on concerns such as:

Optimizing work on the go
Balancing work & life demands
Managing the inbox
Communicating and collaborating
Accessing information to make better decisions

Working on the cloud is transforming business today, said Carl Mazzanti, CEO, eMazzanti Technologies. This will be a fun way to learn how some area businesses have increased knowledge worker productivity by as much as 50%.

The two hour sessions are scheduled at 10:00 am and 1:00 pm on both dates. Attendees at either session will enjoy networking and lunch at noon. Computers will be provided.

Register for the Office 365 Test Drive and Lunch

The Office 365 Test Drive is a unique learning opportunity, a personalized, hands-on chance for attendees to live a day in the life of a Microsoft-powered business through a series of facilitated, everyday scenarios. Attendees will learn how to transform their business with the latest productivity tools to get more from each workday.

Microsoft’s Office 365 Hands-On Lab is a self-contained 11-person environment complete with laptops, headsets, and User Personas where participants get first-hand experience of what its like at a company that is fully utilizing Office 365. There is only one Hands-On Lab accessible from Maine to New Jersey. Microsoft has bestowed the honor of presenting this hands-on lab to eMazzanti Technologies as their 2012 Partner of the Year and a valued member of their Partner network.

Other related resource information:

With Office 365, theres no reason to compromise

Office 365 Migration and Implementation

About eMazzanti Technologies

eMazzantis team of trained, certified experts provide 24

MDS Medical Named to 2013 Inc. 5000 List of Fastest Growing Private Companies in America

Phoenix, AZ (PRWEB) August 21, 2013

For the third time, Phoenix-based medical software and health technology vendor, MDS Medical, announced its ranking on the Inc. 500|5000 list of the fastest-growing private companies in America. With a strong national customer base of outpatient provider groups covering over 30 medical specialties, MDS Medical is the largest Platinum partner of Greenway PrimeSUITE electronic health records and practice management software.

In a highly competitive market with hundreds of electronic health record software vendors, we have found that a deep understanding of our customers long-term goals and challenges, coupled with an unwavering commitment to personalized service enables us to deliver tailored Health IT solutions that positively impacts every area of a provider group, said William Schroeder, CEO of MDS Medical. Too many physician groups have had the unfortunate experience of failed EHR installations due to substandard vendor support. The recipe for MDS Medicals continued year-over-year growth is rooted in a strong understanding of the challenges facing independent physician groups, and our ability to deliver a comprehensive and completely customized technology and financial management package.

Companies on the 2013 Inc 500|5000 list, the most competitive year on record, were ranked according to percentage of revenue growth from 2009 to 2012. Make no mistake: The Inc. 5000 was harder to get into this year than ever in its history[an achievement] most companies could only dream of the economy of the past three years, said Eric Schurenberg, Inc. magazine editor in chief, in a letter to the 2013 Inc. 5000 honorees.

MDS Medicals success lies closely with its staff – consultants who work closely with customers to fix broken processes; improve financial growth; and streamline patient-provider communication. For physician groups, selecting the best EHR software is just one piece of the puzzle. Maximizing return-on-investment is closely linked to the quality and timeliness of the EHR vendor’s training and support services.

MDS Medicals diverse array of top-ranked Health IT solutions integrate best-of-breed products with a personal touch that other Health IT vendors cannot match. MDS revenue cycle management services; Greenway PrimeSUITE cloud hosting; Greenway PrimeSUITE training and support; meaningful use consulting; patient tablet check in systems; automated patient appointment reminders; clearinghouse options; and managed IT systems are carefully tailored to meet the unique needs and goals of customers.

For more information about the 2013 Inc. 500|5000 and to see a full list of this years honorees, visit:

About MDS Medical

MDS Medical is a national Health IT vendor for ambulatory provider groups, combining best-of-breed products with a consultative service model that facilitates improved workflow efficiencies, enhanced patient safety and satisfaction, and stronger practice financial performance. As the nations leading Platinum partner of the Greenway PrimeSUITE electronic health records software system, MDS Medicals success relies on a veteran staff of Health IT consultants who tailor products and solutions to meet the unique needs of each provider group. Cost-effective revenue cycle management (RCM) services, automated appointment reminders, patient check-in tablets, and managed IT services are integrated with PrimeSUITE into a single streamlined environment. MDS connects customers with an experienced consultant on the first call – helping providers get back to practicing medicine faster. For details, visit or call 1-800-494-3188.

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Biz2Credit Analysis of Women-Owned Companies Finds Earnings, Credit Scores, and Small Business Loan Applications Rose Dramatically in 2013

New York, NY (PRWEB) March 04, 2014

Earnings and business credit scores of women-owned companies soared in 2013, according to, the leading online credit marketplace, which analyzed more than 10,000 applications from all across the U.S. on its platform during the past year. Average earnings for women-owned businesses rose to $ 54,114 in 2013 from $ 35,135 in 2012 — a whopping 54% jump in a year-to-year comparison. Further, the average credit score for women-owned companies rose to 610 in 2013, up from 592 in 2012.

The 600 benchmark is critical for any business seeking funding. Companies with credit scores under 600 find it next to impossible to secure bank loans and often resort to borrowing money from higher cost sources of capital, such as alternative lenders, said Rohit Arora, CEO of Biz2Credit, who oversaw the research. While the average credit score for women-owned businesses was 14 points lower than for male-owned companies, the gap has closed; in 2012, the difference was 40 points.

The Biz2Credit report also found that twice as many women-owned businesses sought funding than they did in 2012. Overall, they raised $ 55 million with an average loan size of $ 85,000. Additionally, women are applying for loans after slightly more than two years in business (27 months), rather than 40 months in business, which was the case in 2012.

This demonstrates a growth in confidence and a desire for company expansion, Arora, one of the nations leading experts in small business lending, added. It is further evidence of the economys slow, but steady, rebound from the Great Recession. Companies do not borrow money unless they anticipate that they will have the ability to pay it back.

Key findings:

Twice as many women-owned businesses applied for credit in 2013 than they did in 2012.
Women-owned companies are applying for credit at an earlier stage in their life cycle.
The average credit score for women-owned companies rose to 610 in 2013 from 592 in 2012.
Average earnings for women-owned businesses rose to $ 54,114 in 2013 from $ 35,135 in 2012, a stunning 54% increase in a year-to-year comparison.

“These figures reflect confidence in the ability of women-owned businesses to pay back loans. Accordingly, the quality of companies applying for funding has improved as credit scores for female-owned companies rose to 610 from 592, said Arora. “Having a credit score below 600 is a critical for any business seeking.”

Women-owned vs. Male-owned Businesses:

Women to Men Ratio: 27% vs. 73% registrations on in 2013.
Average Annual Revenue: Average revenue for women-owned businesses ($ 54,114) was $ 24,617 lower than the annual revenue of male-owned companies ($ 78,731) in 2013.
Average Operating Expenses: Women-owned businesses tended to have average operating expenses. Expenses were 41% of earnings for women-owned businesses; 38% for male-owned companies.
Average Credit Score: On an average, the credit scores for women-owned businesses (610) were 20 points lower than for male-owned companies (630). The difference was 40 points in 2012.
Average Age of Business (in months): 27 vs. 31 (the age of businesses applying for loans was lower for women-owned businesses).

Biz2Credit cited the following causes for the improvement of the fortunes of women entrepreneurs:

1. Education is making a difference. More women are enrolled and completing their college degrees at this point. Eventually this fact is showing up in the economy.

2. The U.S. is now a knowledge-based economy that takes advantage of technology. Women can work from home, take care of the family, and work on a laptop or, increasingly, a smart phone.

3. Women-owned businesses have become more competitive, more efficient, and more cost effective than ever before. For instance, the retail industry has changed. Traffic is built via social media as consumers check profiles, reviews and comments about businesses.

4. The rise of digital and social media has significantly reduced marketing costs. Companies can engage in mobile advertising and social media outreach, instead of spending a fortune on TV advertising. New tools in the marketing tool kit, and they are cheaper forms are more effective in reaching target audiences.

5. Online lending portals have incorporated lenders eager for the high yields that small business lending can produce while also lowering the cost of capital. Business owners shop for lower interest rates and faster loan approvals just as consumers comparison-shop online for deals from retailers. Entrepreneurs have taken to the web in order to find start-up loans, expansion loans, lines of credit and other types of financing.

6. New entrants, such as institutional investors, in the small business lending marketplace, and the aggressiveness of small banks in making SBA loans, have greatly benefitted small business borrowers. Interest rates, particularly among cash advance companies, dropped between 5-6% in 2013 primarily due to competition in the marketplace.

7. Overall startup costs of all types of businesses have gone down. Cloud computers have replaced big servers, and companies dont need big offices as many employees conduct business from home on their laptops, tablets and smart phones. The business world has gone virtual, which saves money for women who have entered high margin consulting businesses, such as p.r., social media marketing, etc.

The small business loan approval rate for women-owned companies was 31% in 2013, compared to the 2012 rate of 26%. However, the funding success rate of female-operated firms remains 8% lower than they are for male-owned companies (39%). Part of this can be attributed to large banks that are still relatively unwilling to fund firms that have been in operation for less than two years.

Women-owned businesses have been able to secure funding from non-bank lenders, which are more willing to lend to younger businesses than big banks are. The catch is that they usually charge higher interest rates, Arora explained. I expect that this scenario will correct itself as women-owned companies mature and expand. As female entrepreneurs gain experience, the gap should continue to close.

Overall, the gaps are narrowing. This report shows that clearly women are doing better. Education is making a difference as more men than women are enrolled in and graduating from college, Arora continued. Women are entering low investment, higher margin businesses, such as interior design, consulting, eLearning, social media and even cupcake businesses. Technology is helping them cut operating, marketing and financial costs.

On Thursday, March 6th, Biz2Credit will host a webinar, The Venus and Mars of Small Business Finance, from 3:00 – 4:00 p.m. ET, during which entrepreneurs can ask advice of small business experts. The webinar will be hosted by veteran female entrepreneur and small business expert Anita Campbell, founder, CEO and Publisher of Small Business Trends and feature Rohit Arora, CEO of Biz2Credit, who will examine small business lending programs for women entrepreneurs and sources of funding in a still tight credit marketplace; Lisa Cook, a former member of the Presidents Council of Economic Advisers, who will examine the overall impact of small business on the U.S. economy; and John Meyer, Director of Education for The Company Corporation, who will talk about the importance of choosing the right business structure, differences between forming a corporation (C-Corp or S-Corp) and an LLC, and some of the tax implications of each business format. Click here to register.

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Founded in 2007, Biz2Credit has arranged more than $ 1 billion in small business funding throughout the U.S. and is widely recognized as the #1 online cre