Michael Vann, a business advisor with the Vann Group and one of the principals in NextUp Careers, the first career portal dedicated to reliability engineering and predictive maintenance professionals was recently quoted in an article in the business publication Business West.  The article entitled “High Tech Start Ups in a Recession” is about how the current economic environment is the right time to start up a company – if your opportunistic.

In the article, Vann was asked  why start-ups require less capital today.  He stated “Five years ago, developing our platform without a lot of capital would have been impossible, but with cloud computing and open-source software development, costs are a fraction of what they used to be,”.  As the article indicates, NextUp is a perfect example of this model as its platform is based on open sourced software and its hosted in a cloud envirionment.

Additional information regarding NextUp can be found at www.nextupcareers.com.