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CAN'T FIND SOMETHING? |
Andrew SukowCo-founder and CTO, Advanced Ecommerce Research Systems Inc.Age: 29 Andrew Sukow began developing Internet applications in 1994 at the age of 14. “The Internet was so new and so vast,” he said. “All the new technologies that would come out, I just couldn’t get enough of.” That led to an early career developing online applications as a consultant for a number of firms. In his spare time, during his computer science studies at the University of Victoria, Sukow would write downloadable packages of code and then auction them off on eBay to businesses. Sukow acquired a sense of the power of e-commerce, but his early entrepreneurial activity on eBay also presented a conundrum: why would the same software sell for $59 on the online auction site one week and then sell for $259 the following week? Sukow developed a software program to answer the question. Known as TeraPeak, the program sorts through the vast amount of transaction data archived on eBay. With his brother Anthony, Sukow founded Advanced Ecommerce Research Systems Inc. (AERS) in 2004 to market TeraPeak. AERS was the first company to be granted a licence to access the data behind the millions of transactions that occur on eBay monthly. With Andrew leading product development and Anthony leading business development and financing, AERS became so adept at extracting and organizing eBay’s transactional data, eBay handed it the responsibility of selling the data to other businesses. Today, businesses ranging in size from the individual entrepreneur to Fortune 500 companies use AERS’ eBay research products to price products and services that are sold on eBay, identify consumer trends and forecast stock-market fluctuations and earnings of public companies. “We’re really focused on making a really profitable business that helps people,” said Sukow. AERS has just launched two applications for researching the transactional data produced by another giant of e-commerce – PayPal. • Birthplace: Kelowna Where do you live now: Victoria Highest level of education: Computer science degree from the University of Victoria Car or chosen mode of transport: BMW X3 Currently reading: Techmeme.com Last CD bought or music downloaded: Our Lady Peace Favourite movie: Catch Me If You Can Favourite local restaurant: Sookjai Thai Person you would most like to meet (living or deceased): Jesus Profession you would most like to try: Current profession Mentor: AERS’ employees. I’ve learned so much from every team member Most memorable career milestone or event: Founding AERS and beginning partnership with eBay Toughest business or professional decision: Those decisions related to building a solid team at AERS What’s left to do: Grow AERS to become the phenomenon that Anthony, my brother and AERS’ co-founder, and I know it is This article from Business in Vancouver December 29, 2009-January 4, 2010; issue 1053 Business in Vancouver (www.biv.com) has been publishing in-depth local business news, analysis and commentary since 1989. The newspaper also produces a weekly ranked list of the biggest companies and players in a wide range of B.C. industries and commercial sectors, monthly features and industry-focused sections that arm its subscribers with a complete package of local business intelligence each week. |
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