Blacksburg - VTLS Inc. was proud to be the recipient of first ever "Technology Hall of Fame" award in recognition of the lasting impact the company has had on the region by embodying "the spirit of integrity and innovation that can serve as an inspiration to other companies and entrepreneurs." The RBTC (Roanoke Blacksburg Technology Council) made the presentation at its annual awards banquet on May 16, 2013, an event attended by more than 600 individuals. The award was accompanied by the following summary of VTLS:
VTLS Inc. is the very first spinoff corporation from Virginia Tech. In 1985, in a partnership with VTIP (Virginia Tech Intellectual Properties) Dr. Vinod Chachra founded VTLS Inc. which provides state-of-the-art library automation systems to more than 1900 libraries in 43 countries. VTLS was also the first tenant of the Corporate Research Center more than 25 years ago and is still its biggest employer.
Vinod Chachra is an internationally recognized lecturer and consultant in the field of information system planning. For several years he served as the Senior Consultant for NCHEMS (National Center for Higher Education Management Systems.) He designed the original software that in 1980 became Virginia Tech Library System (now called VTLS).
After earning his Ph.D. in Industrial Engineering and Operations Research at Virginia Tech, Dr. Chachra served that university in many capacities. From 1972 to 1985 he successively assumed roles of Director of Software Development, Director of Computing and Information Systems, Vice Provost and then Vice President of Computing and Information Systems. During his career, Dr. Chachra received many honors and awards. Most recently, on April 25, 2012, he was in the first group of inductees for the Virginia Tech Faculty Entrepreneur Hall of Fame.
In his gracious acceptance speech, Dr. Chachra thanked the RBTC members and judges for their selection and credited the success of the company to the many creative and dedicated individuals at VTLS. He quoted an African proverb, "If you want to go fast, go alone; if you want to go far, go together." He marveled at how much the community had grown by working together and helping each other.