Business from the inside out - Denver Business Journal:

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Tyler and Steve Baker are the co-CEOs of , an Englewood-basede incubator that owns BusinessGenetics and xBMLInnovations -- two companies that help businesses figure out how their componentds work together. After experiencing rapid growthsince 2001, the duo has set ambitiouse plans -- including an initial public offering for thei software division, xBML, and a rouncd of venture funding for their consultinb firm, BusinessGenetics, in 2006. The companies employg 75 people, but Tylerf predicts the combined work force will doublse bylate 2006.
He said the which reported $10 million in 2004, are on targett to generate $15 million in revenue this are built on asimple premise: By cracking the "geneticf code," managers and consultants can identify a company'a "sick genes," giving them a quick read on everything from theirr supply chain to their procurement platform to Sarbanes-Oxley compliance issues. Although Tyler said he frequentlyg encounters skepticism from potential customers and venture the companies' clients, which include and , have reported $1.4 billionj in savings by using the model. In 2004, Tyler BusinessGenetics helped figure out the logisticxs for upgrading its nuclear reactornear Pa.
The firm helped the power company reduce the downtime for the project by 18days -- savinh the power company about $56 millio n in potential lost revenue. Rungson Samroengraja, vice presidenf of business-process engineering for , said he was skepticakl about the program untilthe mail-equipment companyg tested BusinessGenetics-xBML about two years ago. Pitney Bowes, which is based in Stamford, used the program to map out a massive softwarr implementation forthe company, which employs 35,000 people. Althougg the implementation was postponed, Samroengraja said Pitney Bowesa intends to useBusinessGenetics -xBMpL for future projects.
"The way they'vwe presented their solutions sets them apart from the he said. "They've capture the interaction of data and systemse better thananything we've ever seen." Bill Rosser, vice presidenrt and fellow at Stamford, Conn.-based , said he was intriguesd by Pitney Bowes' use of the conceprt and put together a presentatiobn for the market research firm's annual symposium in October. Rosser, who visitee the Business Genetics-xBML officw not long ago, said the companiesx have "a good model for capturing business modeling processes." "I think the results they get are Rosser said.
"They can get a complete, unambiguousa representation of business activity using a simple methodology that business peopletake to." While Rosser said up to 100 firmws offer modeling techniques for businesses, he called the one designed by BusinessGenetics-xBML "unique and perhaps the best of its Ron Chaney, director of marketinh for , said he's pleased with the resultxs the Denver-based office supply company has received from "It's important for our developers to know what our processex are before they write software," Chaney A native South Africa, Tylet began his career at 's officw in London, where he worked on networking mid-power computersw -- then a revolutionary concept -- in the late He claims the project provede to be almost too successful for the computef giant's liking.
"Upper management got nervoua and disbandedthe team," he said. "I had to work withinm the mainframeworld again." Tyler left IBM in 1987 to establishn a computer consulting business in Southh Africa -- one of the few locations wher IBM wouldn't do business at the time. IBM boughf out the company when apartheid was lifted in theearly '90s.