AI in manufacturing economy lags other Indiana industry sectors, but manufacturers continue to make strides on adoption to enhance production capabilities

2024-05-17T12:33:11-04:00May 14, 2024|

Conexus Indiana recently released its latest report, AI in Indiana Survey Report highlighting the state of artificial intelligence (AI) in the Indiana advanced manufacturing and logistics (AML) ecosystem. For the last three years, Conexus Indiana has studied Industry 4.0 technology adoption trends among Indiana manufacturers. Data from the three surveys, fielded between 2020 and 2022, showed many Indiana manufacturers are steadily increasing adoption of Industry 4.0 technologies with a focus on efficiency and productivity gains in their production facilities. Since the completion of the last survey in early 2022, the development and use of Artificial Intelligence (AI) has rapidly evolved, particularly with the launch of Open AI’s ChatGPT platform. Consequently, AI has progressively been at the forefront of the national media and public policy discussions. [READ FULL REPORT] Additional context is available in a recent Conexus Indiana blog post. About [...]

Conexus Indiana names accomplished young professionals to 2024 Rising 30 class

2024-05-13T09:04:59-04:00May 9, 2024|

Honor recognizes 30 professionals in Indiana’s advanced manufacturing and logistics industries INDIANAPOLIS - Conexus Indiana today announced the newest members of the Conexus Indiana Rising 30, an exclusive group of young professionals recognized for their early-career accomplishments in the advanced manufacturing and logistics industries. The Rising 30 program, presented by KSM, is in its fourth year and is part of Conexus Indiana’s mission to strengthen Indiana’s advanced manufacturing and logistics industries. Program honorees represent Indiana’s top talent under the age of 30 who will drive the state’s advanced manufacturing and logistics industries successfully into the future. This year’s winners exemplify leadership and innovation in Indiana’s largest industry sector and are poised to become Indiana’s future industry leaders. “The dynamic professionals named to this year’s Rising 30 cohort are defining what it means to be a young leader in Indiana’s AML [...]

Indiana solidifies leadership in Life Sciences with remarkable growth in 2023

2024-05-08T11:33:04-04:00May 6, 2024|

With a $95 billion economic contribution and significant advancements over the past year, Indiana solidifies its position as a global leader in life sciences. INDIANAPOLIS — In a year marked by incredible accomplishments, Indiana's life sciences industry once again demonstrated its capacity for substantial economic contribution and pioneering innovation, successfully securing $5.5 billion in capital investment in 2023, despite global economic challenges. This funding underscores the state's resilience and commitment to maintaining a thriving life sciences sector, which contributed $95 billion to Indiana’s economy last year alone. The breakdown of the 2023 investments is as follows: $8.2 million in SBIR/STTR funding awarded to 17 companies, $287.5 million in Venture Capital invested in 34 companies, $160.7 million accessed through public markets by three companies, Nearly $3.5 billion in mergers and acquisitions related to Indiana life sciences companies, $1.5 billion in capital [...]

AgriNovus Indiana announces winner of the 2024 HungerTech Innovation Challenge

2024-04-30T08:41:27-04:00April 26, 2024|

Anu selected from 16 teams aiming to create tech-enabled solutions that connect food supply with food demand INDIANAPOLIS — AgriNovus Indiana, an initiative to grow the state’s agbioscience economy, today announced Evansville, Ind.-based Anu has won the HungerTech Innovation Challenge, securing the company $25,000 to advance its tech-enabled food security solution. Presented by Elevance Health, the HungerTech Innovation Challenge is a four-week accelerator supporting entrepreneurs to create tech-enabled businesses that ensure increased and equitable food distribution that is both environmentally sustainable and economically viable. “HungerTech was created to inspire innovation that durably addresses the gap that exists between food supply and food demand,” said Mitch Frazier, president and CEO of AgriNovus Indiana. “Anu’s technology has potential to bring the production and availability of healthy foods to consumers across the country and around the world.” Anu is a dedicated health and [...]

Conexus Indiana presents Manufacturing Innovation Award at TechPoint’s 25th annual Mira Awards

2024-04-29T12:56:03-04:00April 26, 2024|

WATCH Smoker Craft Video INDIANAPOLIS — Conexus Indiana, in partnership with TechPoint, names Smoker Craft Inc. of New Paris, Ind. as the inaugural Manufacturing Innovation Award winner. The award was announced at the 25th annual Mira Awards program presented by the Indiana Economic Development Corporation (IEDC), Salesforce and a host of the state’s most innovative companies, universities and organizations. The Conexus Indiana Manufacturing Innovation Award recognizes industrial firms that have taken an exceptional leap into the fourth industrial revolution (Industry 4.0). The six nominees collectively prioritized productivity and efficiency gains through the adoption of advanced manufacturing technologies like robotics, data analytics, artificial intelligence (AI) and machine learning (ML), industrial internet of things, machine vision and more. This year’s winner, Smoker Craft, exemplifies innovation within a manufacturing environment. The multi-generational, family-owned Elkhart County manufacturer is one of the oldest and largest boat builders in [...]

TechPoint announces 25th annual Mira Awards winners  

2024-04-29T12:47:20-04:00April 26, 2024|

Annual gala attracted nearly 2,0000 celebrants of the best in Indiana tech and innovation INDIANAPOLIS — TechPoint, the industry-led growth initiative for Indiana’s digital innovation economy, today announced the winners of its 25th annual Mira Awards program presented by the Indiana Economic Development Corporation, Salesforce and a host of the state’s most innovative companies, universities and organizations. “Our collective vision is to transform Indiana from an emerging tech hub into a global leader in digital innovation, and tonight was a showcase of amazing innovation and leadership across all of Indiana’s major sectors,” said TechPoint President and CEO Ting Gootee. “Mira’s 25-year-track record provides a valuable innovation awards platform for the highly deserving winners but also for our amazing tech and innovation community overall.” The 2024 TechPoint Mira Award winners are: Talent Impact Award: Skyepack, West Lafayette: The Career+™ Ecosystem platform [...]

TechPoint wins stage one of the U.S. Small Business Administration’s 2024 Growth Accelerator Fund Competition 

2024-04-26T10:54:48-04:00April 26, 2024|

TechPoint, through the Central Indiana Corporate Partnership, was awarded $50,000 in prize money for equitable access to entrepreneurship INDIANAPOLIS –The U.S. Small Business Administration (SBA) announced TechPoint, the Central Indiana Corporate Partnership’s (CICP) branded growth initiative for the state’s digital innovation economy, as a Stage One winner for the 2024 Growth Accelerator Fund Competition (GAFC). TechPoint, through CICP, will receive a $50,000 cash prize for its impactful and inclusive approach to nurturing a collaborative national innovation ecosystem to advance small business research and development (R&D) from ideas to market. Also winning a cash prize from the GAFC was Evansville-based Indiana Center for Emerging Technologies. TechPoint won the award for its plans to launch an Artificial Intelligence (AI) innovator network for Indiana-based companies and organizations. Those interested in joining or following this effort should visit https://techpoint.org/ai-innovation-network/. "AI is the most dynamic [...]

CICP releases 2023 annual report

2024-04-26T10:56:23-04:00April 25, 2024|

CICP has released its 2023 annual report, marking another transformative year for the organization, its five talent and industry sector initiatives and its programs. Melina Kennedy, CICP’s new CEO assumed her role in February, and the organization saw leadership changes with two of its initiatives Ascend Indiana and BioCrossroads. In addition, Sue Ellspermann, president of Ivy Tech, was named the chair of the CICP Board of Directors. CICP’s initiatives AgriNovus Indiana, Ascend Indiana, BioCrossroads, Conexus Indiana and TechPoint continued to advance their talent programs and enhance their respective sectors, agbiosciences, life sciences, advanced manufacturing and logistics and technology. 2023 saw CICP bring together hundreds high school students, industry and education leaders as part of the See Yourself IN Summit. See Yourself IN is a public education program aimed at educating a Gen Z audience on the jobs, companies and opportunities [...]

CICP unveils AI survey results to explore organization usage and overall interest of AI adoption statewide

2024-04-19T12:05:50-04:00March 19, 2024|

INDIANAPOLIS — Exploring how key industry sectors in Indiana are using or plan to use artificial intelligence (AI), the Central Indiana Corporate Partnership (CICP) today unveiled results from its AI in Indiana survey, which was administered statewide last fall in partnership with two of its branded initiatives – Conexus Indiana and TechPoint. The AI in Indiana survey generated nearly 200 responses with 55 percent indicating the adoption of at least one AI capability—a share in-line with McKinsey & Company’s Global Survey on AI, a widely recognized survey that inspired CICP’s survey questions and has been used by economists and community leaders to track the progress of tech adoption. McKinsey & Company’s Global Survey on AI finds that, while some companies are AI leaders, it is still “early days” regarding broad-based AI adoption. The AI in Indiana survey also found that [...]

TechPoint announces new partners to help broaden reach and impact of its Leadership Academy  

2024-03-06T13:23:22-05:00March 6, 2024|

25 Emerging Leaders have already graduated from program, which is currently seeking participants for first cohort of 2024 INDIANAPOLIS — TechPoint, the industry-led growth initiative for Indiana’s digital innovation economy, today announced the Shafer Leadership Academy and Evolve HR Group as new operational partners for its lauded Leadership Academy tech talent development program. “We are so pleased to level up our program with the help of these industry leaders,” said TechPoint Senior Vice President, Talent, Strategy, and Partnerships Dennis Trinkle. “Each have deep reach into top level leaders and great expertise that we can bring to bear for our Academy participants.” TechPoint’s Leadership Academy was created to help Indiana companies overcome the global issue of tech talent shortages by helping them develop talent from within. To-date, 25 people have bolstered their leadership and managerial skills through the program. The Academy’s first 2024 cohort group will be [...]

Go to Top