Andrew W. Hannah - CEO, OThot
Adjunct Professor and Executive-in-Residence
In 2014, Andy and Team founded OThot: a Predictive and Prescriptive Analytics company that helps customers predict, understand, and change the future. OThot deploys a proprietary analytics process and leverages state-of-the-art data mining and analytics tools to develop and maintain managed analytics programs for its customers.
Also in 2014, Andy was appointed an Adjunct Professor of Entrepreneurship and Analytics and an Entrepreneur In Residence at Pitt Business. His primary responsibilities in these roles include developing and delivering curriculum at the intersection of analytics and entrepreneurship, mentoring students that are creating new ventures, fostering an entrepreneurial environment, and developing a concept for graduates to be leaders in the blossoming business analytics field.
Andy has been an entrepreneur since 1995, a calling that has stayed firmly with him ever since. He has played leading C-Level roles at four high-tech startups over the past two decades and the resulting perspectives, learnings, and expertise are the cornerstones of his endeavors.
Andy’s companies touched a range of industries including software, consulting, and materials science. He was directly involved in over $180 million of venture transactions and three of these companies were bought by industry leaders. Andy worked successfully with prominent venture firms such as Trident Capital, Advent International, Safeguard Scientific, Draper Triangle, and Birchmere. He has also raised funding from leading leverage buyout companies including Vestar and corporate VCs such as Samsung and Applied Materials.
Prior to OThot, Andy was the Co-Founder and CEO of Plextronics, a global materials science company focused on OLED flat panel displays and lithium-ion batteries. Plextronics raised angel, venture, and strategic capital and was sold in March 2014 to Solvay, a Belgian chemistry company. He built a high-performance team to commercialize novel Carnegie Mellon University (CMU) technology, and Plextronics now has customers and partners in Asia, Europe and the U.S.
One of Andy’s greatest passions is building teams that win but that also enable the individuals to reach their potential. Many of the people that Andy has worked with have gone on to C-level positions, such as presidents of companies and universities, and some have started their own companies. Leadership, innovation, vision, and ethics are the values he instills in his teams and these are the basic ideals of his actions and communications.
Andy has been a keynote or guest speaker for the National Academy of Sciences, University of Pittsburgh’s College of Business Administration commencement, Bayer Material Science Innovation Day, University of Pittsburgh (Pitt) Startup Weekend, the Pitt Big Idea Contest (twice,) and many others. The topics of his talks include innovation, new venture creation and growth, and international competitiveness. Andy is a regular guest lecturer at CMU (where he was an Adjunct Professor of entrepreneurship) and Pitt.
Andy is a board member and/or advisor to a number of creative and leading organizations such as the Joseph M. Katz Graduate School of Business, Liquid X Printed Metals, Etcetera Edutainment, and Niche.com. He has served in similar roles at the Organic Electronics Association (Vice Chair of this global industry trade organization), Pennsylvania Nanomaterials Commercialization Center, Leadership Pittsburgh, Leadership Development Initiative (Co-founder),the Executive Steering Committee of Pittsburgh’s Tech-based Economic Development Strategy and others.
Andy and his companies have been recognized for leadership and growth, including:
- Carnegie Science Corporate Innovation Award
- Katz Graduate School of Business Distinguished Alumni
- Ernst & Young Entrepreneur of the Year Finalist
- Pennsylvania's Top 100 Best Places to Work
- Top Ten Clean Tech Start Up
- Clean Energy Entrepreneur of the Year
- Penn State University Smeal College of Business Emerging Professional Award
Andy holds an MBA from the University of Pittsburgh with a concentration in Marketing and Finance and a B.S. in Accounting from Penn State. He began his professional career at Deloitte and in 2003 completed the Carnegie Mellon University Entrepreneurial Management Program.
- Entrepreneur in Residence (”EIR”): Pitt Business EIRs focus on mentorship and development. If you have an idea or young business, we can help you think through critical issues and opportunities to help your business launch and grow. This mentorship does not stop when you graduate. For example, Andy Hannah EIR and Adjunct Professor and Babs Carryer, Director of Education & Outreach, Innovation Institute, continue to advise MeshNet (http://www.meshnetenterprises.com/), one of Pittsburgh fastest growing startups, founded by Mark Visco, a Pitt Business 2014 graduate.
- ENACTUS: If social entrepreneurship is your focus, Pitt’s ENACTUS chapter can help you serve your need to create new businesses that have a positive impact on our world. ENACTUS is a community of student, academic ,and business leaders committed to using the power of entrepreneurial action to transform lives and shape a better more sustainable world
- Living Learning Community.
Want to talk Entrepreneurship? Email Andy at firstname.lastname@example.org.
- Business Analytics is a leading competitive edge and growing strategic initiative for many companies and organizations. In fact, many organizations have established an office of the Chief Analytics Officer with the objective of using data and decision science techniques to drive strategic decisions and solve critical problems. This class is an Experience-Based Learning (EBL) class that will give students a background in analytic techniques, tools, and processes. In addition, the thrust of the class will be focused on a hands-on application of business analytics through a partnership with Pitt’s Institutional Advancement organization (the partner organization). The student team will strive to understand and optimize (identify, target and increase) recent graduate’s donations to Pitt. Business analytics in an EBL environment is a form of active learning that values critical thinking and problem solving.
- Applied Business Analytics is an EBL project coursethat will have two components:
- One-third of the class will consist of discussions lead by the instructor regarding the understanding of business analytics tools, methodology and theory.
- Two-thirds of the class will involve a team-oriented project in partnership with the Partner Organization where the team, guided by the instructor, will apply leading edge business analytics to solve a critical business problem for the partner organization.
The team project is analogous to the team functioning as a part of the partner organization’s business analytics function. To simulate reality, the student team will work significantly with the partner organization’s personnel. The student team will progress through business analytics assessment, problem definition, and application processes that will culminate in a report to the partner organization that the team should expect the partner organization to implement.
- Internships: After completing the class, students looking to further explore career opportunities in analytics are placed into internships in small teams. Nine students from the Fall 2014 cohort are working in analytics-related internships including:
- Working directly with the CEO to help advance the products, operations, and customer success of OThot, an early stage Predictive Analytics company (www.othot.com).
- Working with Pitt Athletics to implement an analytics program to increase the sales of season tickets.
- Working with Pitt’s Innovation Institute to evaluate the commercial viability and opportunities of analytics software developed in Pitt’s Information Science School.
Want to talk Analytics or Management Consulting? Email Andy at email@example.com.