EventDay: Smoother Events, Greater ROI

Event Day Logo Microsoft Bizspark Featured Startup

Editor’s Note: Microsoft BizSpark is a global program that helps startups succeed by providing technology, business and technology consulting, access to its vast marketing and partner network, and fostering a BizSpark community. This article is part of a special series that features some of the 45,000-plus startups that have joined the BizSpark program with an eye toward creating successful businesses, jobs and superior value.

Virtual events haven’t replaced in-person events, but they’ve upped the pressure to deliver superb value to attendees, sponsors and organizers. Microsoft BizSpark One startup EventDay uses Windows Azure and mobile technologies to help ensure that the benefits of meeting in person justify the physical effort and time commitment for attendees.

“If you want to know where someone’s deepest interests lie, look at the events he or she attends in person,” says Scott Mitchell, EventDay’s CEO and co-founder. EventDay founders set out first to identify why attending events in person is important to people, then to provide event organizers with the tools to better market, manage and monetize their events.

Whereas most event management companies rely on less-efficient approaches, EventDay from the beginning built its solution on cloud technologies, specifically Windows Azure, coordinated with smartphones and other mobile devices, to provide rapid scalable responsiveness.

For its two primary types of clients — medium-sized organizations holding events with a large number of attendees and organizations running big-ticket, elite events for a few VIP participants — EventDay saves enormous amounts of time and stress for planner and attendee alike through microsites, ticketing and registration, a mobile app, digital signage, archived event content, and lead generation for future events. Its services translate into more efficient, successful and profitable events. The ability to quickly and efficiently fashion effective post-event engagement with attendees is a core value of the system and key to growing a strong customer base that provides excellent return on investment for events.

“Whether it’s a big event to launch a new consumer electronics product, a select gathering for top executives of Fortune 50 companies or ongoing registration of up to 1,000 people a day at a Florida timeshare hotel, EventDay creates value for everyone involved,” says Scott Cate, co-founder and CTO of EventDay.

From Annoying to Smooth and Successful Events

“Event management traditionally is annoying, and so many things can go wrong the day of an event,” says Mitchell. “Our main focus, regardless of the scope or the size of an event, is to reduce the amount of time participants spend standing in line to check in. We also work to add value to everyone: the organizers, sponsors, participants and speakers.”

EventDay check-in happens in about three seconds, which is the time it takes the EventDay software to scan a quick response (QR) code from a participant’s smartphone and transfer the data via Azure to an onsite printer that prints out the participant’s badge.

“Instead of the bottleneck we’re all accustomed to seeing at an event’s registration desk, EventDay keeps lines of attendees moving continuously as they approach the desk and receive their badges,” says Cate. “People can’t believe how fast we handle this traditionally tedious process.”

The foundation of EventDay’s approach to event management rests on participant identity: knowing who’s who and what they’re doing before, during and after the event. This focus informs a full range of activities, including printing badges and digital signage on demand, promoting greater connections among participants and with sponsors, triggering post-event marketing workflows, and boosting organizers’ return on investment through improved efficiencies as well as revenue streams from follow-on content distribution.

“One recent EventDay client reported three times its return on investment from using our software because content presented at the event was archived, ready for download and available to re-monetize within 24 hours,” says Mitchell. “For every dollar this client invested in its event, it generated three dollars in revenue — from videos and other content purchased by participants at the in-person event and from offering a companion virtual event to people unable to attend in person.”

Windows Azure and Mobile Technologies Power EventDay

“Windows Azure is an essential ingredient in our superfast check-in,” says Mitchell. “And we were lucky that the maturation of the Windows Azure platform coincided perfectly with when we started EventDay, enabling us to be cloud-based from the ground up.”

Clients using the EventDay software platform begin with a simple “create a new event” process that leads to a true microsite encompassing an event’s sessions, topics, timing, speakers and logistics. The EventDay software automatically creates mobile applications, which are based entirely on native code, that contain this same information. Changes made at any time up to and during the event are reflected instantly on both the microsite and the mobile apps.

One recent EventDay client reported three times its return on investment from using our software because content presented at the event was archived, ready for download and available to re-monetize within 24 hours.

Scott Mitchell, EventDay co-founder and CEO

When a participant arrives at the check-in desk, EventDay turns a complicated task into a smooth experience that takes only seconds. Its software scans the attendee’s QR code on his or her mobile device, sends a message to a Windows Azure service that logs the credentials for storage, and then publishes the card verification number. From there, the service broadcasts the message down to a printer at the check-in desk to create badges, digital signage and other materials. The software can also use radio frequency identification, though most organizers choose QR codes. The process creates a secure and organized system that provides several benefits to customers.

“Windows Azure provides true platform-as-a-service (PaaS), as opposed to merely infrastructure-as-a-service,” says Cate. “This PaaS approach takes care of so many details that we don’t have to spend time specifying in the software. It also allows us to scale up and down at will, which is invaluable for a business such as ours, where we might have multiple huge events one day, then nothing for a week.”

BizSpark Supports EventDay’s Fast, Organic Growth

The BizSpark One program identifies a small number of high-potential companies in the Microsoft BizSpark program composed of more than 45,000 startups from over 100 countries around the world. Microsoft works closely through a one-to-one relationship with these companies, providing customized engagement plans to accelerate their growth.

“Our BizSpark One cloud portfolio director, Karun Bakshi, is really working on our behalf and is clearly on the same team,” says Mitchell. “Through the BizSpark One program, we gain contact with the right people at Microsoft, especially in marketing and thought leadership, who can help us with both information and guidance as well as introductions to additional resources. For example, when we might be ready to seek outside investment, we have already been introduced to several leading venture capitalists through BizSpark.”

When EventDay was invited to join the BizSpark One program, the founders were interested from a strategic business standpoint. Participation in the program provides access to the latest Microsoft technology, mentorship and solid business advice.

“It’s really great to have smart people working on our behalf, and the BizSpark feedback is invaluable for building our company,” says Cate. “Because EventDay has grown totally organically, using all our own money, we focus our decisions on a few key criteria: does it work? Is it efficient? And what’s the impact on our wallets? Our BizSpark advisors help to amplify our business and marketing efforts so we can continue building on our early success, and the Windows Azure technology base allows us to put our precious personal dollars toward software development rather than systems administration. These things are a really big deal to a startup like EventDay.”

Microsoft, Facebook Announce AOL Patent Portfolio Agreement

Facebook Microsoft AOL Patent Purchase

Microsoft Corp. and Facebook announced today a definitive agreement under which Microsoft will assign to Facebook the right to purchase a portion of the patent portfolio it recently agreed to acquire from AOL Inc. Facebook has agreed to purchase this portion for $550 million in cash.

In the initial AOL auction, Microsoft secured the ability to own or assign approximately 925 U.S. patents and patent applications plus a license to AOL’s remaining patent portfolio, which contains approximately 300 additional patents that were not for sale.

As a result of today’s agreement, Facebook will obtain ownership of approximately 650 AOL patents and patent applications, plus a license to the AOL patents and applications that Microsoft will purchase and own.

Upon closing of this transaction with Facebook, Microsoft will retain ownership of approximately 275 AOL patents and applications; a license to the approximately 650 AOL patents and applications that will now be owned by Facebook; and a license to approximately 300 patents that AOL did not sell in its auction.

“Today’s agreement with Facebook enables us to recoup over half of our costs while achieving our goals from the AOL auction,” said Brad Smith, executive vice president and general counsel, Microsoft. “As we said earlier this month, we had submitted the winning AOL bid in order to obtain a durable license to the full AOL portfolio and ownership of certain patents that complement our existing portfolio.”

“Today’s agreement with Microsoft represents an important acquisition for Facebook,” said Ted Ullyot, general counsel, Facebook. “This is another significant step in our ongoing process of building an intellectual property portfolio to protect Facebook’s interests over the long term.”

The parties are evaluating the accounting treatment for these transactions. These transactions are also subject to customary closing conditions, including clearance under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended.

About Facebook

Founded in 2004, Facebook’s mission is to make the world more open and connected. People use Facebook to stay connected with friends and family, to discover what’s going on in the world, and to share and express what matters to them.

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About Microsoft

Founded in 1975, Microsoft (Nasdaq “MSFT”) is the worldwide leader in software, services and solutions that help people and businesses realize their full potential.

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