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SHERIDAN — Gov. Matt Mead’s Wyoming Business Forum in Cheyenne, which is going on today and tomorrow, will feature two different generations of Sheridan business success stories. Ptolemy Data Systems, established in 2009, will be highlighted as a present-day success story, and Homer Scott Sr. will be posthumously inducted into the inaugural class of the Wyoming Business Hall of Fame.
This year’s conference will feature multiple short presentations from businesses from around the state who have been invited to tell their stories. The two-day event is both an educational networking opportunity and a celebration of Wyoming’s corporate successes also sponsored by the Wyoming Business Alliance and the Wyoming Heritage Foundation.
“Basically, at the business forum, there are a number of companies being spotlighted for success stories,” Ptolemy’s Information Technology Director Jesus Rios explained. “We’re one of just a handful of companies that have been asked to come in and give a brief presentation on how our companies have come to be where we’re at.”
Developers around the state of Wyoming have identified data systems as a niche business for Wyoming. The state boasts geographical isolation from many natural disasters that plague the country, and a nationwide network of fiber optic cable parallels Interstate 80 across the bottom of the state and branches up toward Sheridan and Billings. Ptolemy was a pioneer company to take advantage of Wyoming as a headquarter hub for electronic information in 2009, and has achieved business growth and stability.
Local Sheridan developers have celebrated Ptolemy’s establishment in the community as an example to be replicated by other businesses yet to be recruited.
“The Business Forum is intended to bring leaders and entrepreneurs from across the state to promote the business sector,” Rios said, indicating approximately 500 people have registered for the event.
Rios said the company’s exposure at the forum will be brief.
“Every business highlighted as a 10-minute spotlight,” he said. “We’re grateful to have an opportunity to share what the tech sector is doing, and that’s a great audience for Ptolemy.”
Rios said his company has demonstrated data centers can work and thrive in Wyoming, and he’s excited the story will be shared with the attendees of the forum.
Also at the forum, Homer Scott Sr. will be among the inaugural class inducted into the Wyoming Business Hall of Fame. Scott is most known for establishing the expansive Padlock Ranch and acquiring the controlling interest of First Interstate Bank. He and his wife, Mildred, established a foundation that provides financial backing for multiple nonprofit organizations that serve as community pillars within Sheridan County.
Scott’s postmortem induction will be accepted by his surviving family members, who still reside in Sheridan County.
Other inductees into the inaugural class of the Wyoming Business Hall of Fame include: James Cash Penney, the originator of J.C. Penny department stores; W. Edwards Deming, international business consultant; H.A. “Dave” True, oil entrepreneur; and Clarene Law, who established several hotels in Jackson.
The establishment of a Wyoming Business Hall of Fame is a new award propagated by the Wyoming Business Council, the University of Wyoming College of Business and the Wyoming Business Alliance.
WBC President Bob Jensen said the honor was created to recognize business professionals within the state for their success and societal impact via ethical practices.