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James Joseph Truchard born June 25, , in Austin County, Texas is an American billionaire, electrical engineer , and a businessman who is the co-founder and former president and CEO of National Instruments , a company producing automated test equipment and virtual instrumentation software. Truchard earned a B. Following his graduation, Truchard worked as managing director of the acoustical measurements division at the U.

Applied Research Laboratories. After two years of working for U. As he often remarks, he "didn't see a job I wanted [in Austin] - so I created one! Navy that allowed them to use early computer technology to collect and analyze data. Frustrated with the inefficient data collection methods they were using, the three decided to create a product that would enable their task to be done more easily.

In , working in the garage at Truchard's home, the three founded National Instruments and began designing an interface board. The group hired their first employee, Kim Harrison-Hoson in to process orders and deal with customers. In , in conjunction with Kodosky, Truchard played a pivotal role in the development of the LabVIEW graphical development software, which allows scientists to quickly build solutions for their measurement and automation needs.