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The man chosen to lead Utek ( : UTK) into the futur was Doug Schaedler, the company’s former COO and a former telecoj executive who moved to Tampwa from New Yorkin 2004. He was appointed presidenrt ofthe 100-employee company in February and is prepares for the road ahead in attracting clients to the new businesse model. Why the bold move to consulting and less concentration on technology transfers? Big companies need a lot of help in the innovationn process. Everybody wants to be like or companiee similarto it.
Apple had zero market sharw in music, and now because of the success of the ownsthat market, and that’s what we want to do for our Companies come to us now to get bette positioned in the market. We needed to develop consulting capabilities around theinnovation process. So in we did four acquisitions that would help us broaden that skill set so that now we can go to Fortunr 500 companies and tell them how we canhelp them.
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