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All Talent Development Centre posts for Canadian IT Contractors relating to the IT indsutry.

IT Industry News for December 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on The Eagle Blog on January 6th, 2017

Tech News HeaderThis is my 30,000 foot look at events in the ICT industry for December 2016. What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

A Little History of previous year’s Decembers …

Five years ago, in December 2011 Ottawa’s March Networks was snapped up by Infinova Canada for $90 million, and Toronto based Rypple was acquired by Salesforce.com!  The BIG deal was SAP’s $3.4 billion purchase of SuccessFactors, who had also announced they were buying Jobs2Web for $110 milion.  It was IBM that was the most active acquirer of the month, paying $440 million for DemandTec, also picking up Emptoris in the procurement world and Irish company Curam Software in the government sector. Oracle logo a large software company originally noted for its databaseFour years ago, in December 2012 there was a fair amount of M&A activity with Oracle making two acquisitions, marketing automation company Eloqua ($871 million) and Dataraker which provides analytics for utilities companies.  The big deal of the month saw Sprint pay $2.2 Billion to take full control of cellular competitor Clearwire.   Montreal based Cogeco paid $635 million for Peer 1 Networks and NCR paid $635 million for retail software and services company Retalix.  In the BYOD space Citrix bought mobile device management company Zenprise for $355 million.  Finally, Redknee added 1200 employees and 130 new clients through the purchase of Nokia Siemens Business Support Network. December 2013 was a slow month, however Oracle pulled off a $1.5 billion buy of marketing software company Responsys; Akamai paid $370 million for cloud-based IBM logosecurity solutions provider Prolexic; JDS Uniphase paid $200 million for enterprise performance management company Network Instruments; IBM bought a “big data” file compression company Aspera and Hitachi expended its solutions capability with the purchase of Calgary based Ideaca.  In other company news Target, although not an IT company, had a major security breach involving details of 40 million debit and credit cards.  December 2014 was not such a slow news month, with the political and technical ramifications of “the Sony hack” causing uproar, some very positive economic indicators out of the US and some big names making acquisitions, albeit not huge deals.  Microsoft made two Microsoft logoacquisitions, the $200 million purchase of mobile email app startup Acompli and mobile development company HockeyApp (which has nothing to do with hockey).  SAP bought travel and expense management company Concur; Intel bought a Montreal based identity management company PasswordBox; Oracle bought digital marketing company Datalogix; Teradata bought data archiving company Rainstor; and MongoDB bought high-scale storage engine company WiredTiger. December 2015 was not a busy M&A month but there was some interesting activity.  The big deal saw Canadian telco Shaw make a big play into the cellular space with its proposed acquisition of Wind for $1.6 billion.  Meanwhile Rogers was also out shopping and growing its Maritimes presence through the acquisition of Internetworking Atlantic Inc.  Other deals in December were not large but did feature some of the big players.  Oracle bought Stackhouse a cloud company with a specialization in “containers”; IBM boosted its video in the cloud capabilities with the purchase of Clearleap; and Microsoft picked up a mobile communications company, Talko.  Other deals saw Ingram Micro buy the Odin Service Automation business from Parallels and in the storage world Carbonite bought Evault from Seagate.

Which brings us back to the present …

December 2016 saw Adecco sell its majority stake in Beeline VMS to GTRC, a private equity firm, for $100 million in cash plus a $30 million note; CRN solution provider SS&C purchased asset service firm Conifer for $88.5 million; solution provider QRX Technology Group acquired IT equipment provider Kerr Norton at the beginning of the month; networking solution provider, Juniper Networks acquired cloud operations management provider AppFormix; Uber bought start-up Geometric Intelligence Inc.; and Shopify acquired Tiny Hearts, a Toronto-based mobile product development studio.

In other news, Yahoo disclosed that one billion accounts were hacked in 2013 making it Yahoo logothe largest data breach recorded in history. To safeguard against hacking attempts on your devices, Check Point Software advises users to make sure they download the latest versions of software as they have discovered new malware that targets devices running outdated software. Cyber attacks and security breaches are also a major concern for IT and business professionals where, according to Symantec, 30% of business surveyed have experienced a hack over the last two years.   GoPro also announced layoffs of up to 15% of its workforce and Amazon delivered its first package by drone!

That’s my look at the tech news for December 2016.  Until next month, walk fast and smile!

The Best IT Career Advice from 111 Industry Gurus

Neil AndersonFlackbox Logo runs the popular Flackbox blog, a resource providing advice for IT professionals to build their cloud and data centre career. He was recently a guest on the Packet Pushers Datanauts podcast where he had the opportunity to talk about Career Advancement. As Neil mentions on his blog, searching for a job in IT has changed dramatically over the years, so this is an important topic to him. Wanting to provide the best advice possible during his podcast appearance, Neil decided to expand beyond his own knowledge and sought IT career advice from 111 of the top experts in the industry.

Neil spoke with a wide range of professionals, including industry experts such as leaders, authors and bloggers, as well as CTOs, CIOs from the world’s top universities, HR directors and recruiters, and his loyal Flackbox readers. After the podcast, he generously summed up the advice from all 111 experts in one extremely valuable blog post.

Two of the people who provided IT career advice and were featured in the blog post are Eagle’s very own Kevin Dee (Chairman of the Board & Co-Founder) and Morley Surcon (VP Western Canada). Here’s the advice they provide:

IT Career Advice from Kevin Dee

  1. If you are choosing a tech career then you already made a great choice.  The future will belong to the knowledge worker, and tech will only play a bigger and bigger part in our lives.
  1. I am often asked about the problem of getting hired without experience… “How do I get experience if no-one will give me a job to get experience?”

Getting that first job is huge… then taking full advantage of it is critical.  Once you have a couple of years’ experience you are probably well established on a tech career.  So… do all the right things to get the job, and don’t underestimate what it will take to excel at it.

  1. Be prepared to start at the bottom, be humble and have the right expectations … look to the future!
  2. Companies want a great attitude even more than they want skills … bring a great attitude and some entry level skill and you improve your chances.
  3. Get experience wherever you can… volunteer with charities/not for profit organisations, get Summer jobs, take an extra course in “in demand” skills.
  4. Big companies hire a lot of tech people… banks, oil & gas, retail, telephone companies, big consulting companies (Accenture, Deloitte) etc.  If you can find ways “in” to those companies it is a great way to start a career.  (Summer jobs there, people you know, people your family knows, people you cultivate etc.)

IT Career Advice from Morley Surcon

“Old Chinese (I think) proverb…  Q: When is the best time to plant a tree?  A: 10 years ago.  Q1: When is the second best time?  A2: Today.

The IT industry is going to be going through an “experience crunch” as baby boomers retire over the next decade… the people with the knowledge capital will be leaving and there won’t be others with enough experience to step in behind them.  This is going to cause some strife for organizations… especially the ones that haven’t migrated to newer technologies.

There are industries out there that are still heavily reliant on mainframes and systems built on old code (like Cobol)… and there aren’t new people training on this old technology.  For example, there are many in the banking industry suggesting that their mainframe infrastructure is going to have to carry them for another 10 to 20 more years… they are looking at alternative staffing strategies in the attempt to acquire and train new employees to help bridge that gap.

There may be a “contrarian opportunity” for younger IT professionals to build skills in some older technologies… even if they combine this with some newer capabilities so as not to put all their eggs in a dying basket.

… or if they want to stay “mainstream” then choose to study technology relating to mobile, web based technologies and/or security as they are “hot” and likely will be for a time… or focus in on embedded programming or any of the building blocks of IoT as that appears to be the direction of things if you can believe the rhetoric.”

All of this just scratches the surface!

Check out Neil’s complete blog post for all of the best IT career advice from 111 Industry Gurus

IT Industry News for November 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on The Eagle Blog on December 7th, 2016

A Little History of previous year’s Novembers

Tech News HeaderThis is my 30,000 foot look at events in the ICT industry for November 2016. What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

Five years ago, in November 2011, Mosaid was sold to Sterling Partners for $590 million, ending a WiLan hostile takeover attempt. Japanese company Rakuten paid $315 million for e-book company Kobo; Huawei technologies bought Symantec out of a storage and security joint venture to the tune of $530 million; Yahoo paid $270 million for online advertising company Interclick; and Best Buy paid $167 million for internet technology company Mindshift. In November 2012, Cisco made two significant “buys”: cloud infrastructure company Meraki ($1.2B) and cloud datacentre and software company Cloupia ($125M); Dell bought software tools company Gale Technologies; NCR bought retail software company Retalix ($650M); Cray bought software company Appro ($25M); Sprint Nextel bought a chunk of US Cellular ($480M); and Toronto-based NexJ bought Broadstreet for $8.2 million.  Three years ago, in November 2013, Opentext paid $1.1 billion for cloud-based integration services company GXS Group and another Canadian deal saw Mitel buy Aastra for close to $400 million. Other deals included eBay’s $800 million purchase of global payments company Braintree; Apple’s $370 million purchase of 3D sensor company PrimeSense; and Akamai’s purchase of Velocius Networks. November 2014 was an exceptionally quiet month on the M&A front with the largest deal being the merger of two semiconductor companies, Cypress Semiconductor and Spansion, to form a $4 billion company; private equity company Carlyle Group paid $700 million for investment bank technology company Dealogic and Yahoo shelled out $640 million for video advertising company BrightRoll. Last year, November 2015 saw a number of smaller M&A deals, but not much in the way of mega-deals. The only billion-dollar deal saw Expedia pay $3.9 billion for HomeAway as a vehicle to better compete with Airbnb. Zayo Holding Group became the first foreign company to own a Canadian telco after paying $465 million for Allstream. Other, smaller deals saw Apple buy Faceshift, a motion capture company whose technology was used in the latest Star Wars movie; and Lightspeed POS bought SEOshop, increasing its size as a competitor to Shopify. Other deals saw Ingram Micro grow its Brazilian presence with the purchase of ACAO; PCM bought Edmonton-based services firm Acrodex; data centre company CentriLogic bought infrastructure company Advanced Knowledge Networks; solution provider Scalar Systems bought another Toronto company, professional services firm Eosensa; and Washington-based New Signature bought Toronto-based Microsoft Partner, Imason.

Which brings us back to the present

November 2016 saw some M&A activity, although it was not too busy. The big deal of the month saw Broadcom acquire Brocade Communication Systems in an all-cash transaction of $5.9 billion; Adobe purchased multi-channel programmatic video platform TubeMogul for $540 million; IT services and outsourcing provider Wipro Limited will acquire IT cloud consulting firm Appirio for $500 million; Oracle Corp. has announced its plans to acquire DNS solution provider, Dyn Inc.; SoftwareOne acquired and integrated House of Lync; and Avnet completed an acquisition of Hackster.  In other news, hackers caused some problems for Casino Rama Resort, claiming to have both employee and client information going back a number of years; also AdultFriendFinder exposed 340 million users’ information. A Harvey Nash Technology Survey suggests 94% of technology professionals across the world believe a significant part of their job will be automated within ten years, rendering their current skills redundant.

The economic indicators in the US were generally favourable and jobs numbers were quite positive. Canada’s economy continues the same tepid trend we have seen for quite some time. Sometimes up a little, sometimes down a little, with unemployment hovering around the 7% mark.

That’s what I saw affecting the tech industry for November 2016.  Until next month Walk Fast and Smile!

7 Signs Your IT Resume is Outdated

7 Signs Your IT Resume Is OutdatedYour resume is the most important tool that you have in your job search arsenal. It’s your ticket in the door to an interview, and without one, you might as well just give up on finding a job.

Yet all too often, IT professionals rely on resumes that are outdated, poorly formatted, or full of irrelevant information, and then wonder why they aren’t hearing back from employers. If it’s been a while since you updated your resume (i.e. more than a year or two) or if you’re still relying on the format you learned back in college during the 1990’s, there’s a good chance that employers are ignoring you because of it. In a field like IT, where having the most up-to-date skills is a necessity, an outdated resume sends the wrong message.

If you are embarking on a new job hunt and still using the same resume that landed you your current job, you need to spend some time updating — and that means more than just adding your current position to your work experience. In fact, you might need a complete overhaul, especially if you spot any of these problems.

  1. You Have an Objective Statement

Perhaps the biggest indication that you haven’t kept up with trends is the fact that you have an objective statement highlighting your career goals at the top of your resume. Simply put, no one does this anymore. Employers don’t care that you want a challenging position or want to grow in your career. They want to know what you can do for them. Replace the passé objective with a short value statement and summary of strengths, showing employers what you can do for them.

  1. Your Certifications Are Old

Most employers want to hire IT professionals with the latest certifications, but if your resume doesn’t reflect your most recent achievements, you aren’t going to land the interview. Make sure that your resume accurately reflects all of your current certifications; if you are currently working on additional certifications by completing CISSP preparation or other coursework, mention that with an expected completion date. You want to demonstrate your commitment to growth and development, and be sure that your qualifications are obvious and relevant to the position you want.

  1. You Focus on Tasks, Not Accomplishments 

How do you describe your previous work experience? Do you list your responsibilities and rehash the job description? If so, you aren’t telling employers what they want to know. Employers want to see accomplishments, and how successful you were in your previous jobs. Instead of listing your day-to-day activities, highlight your successes using quantifiable data. If you can’t quantify your achievements, use quotes from testimonials or other accolades.

  1. You Still Have Unrelated Experience Listed

If you have been out of college for 15 years, but still have your college job at the supermarket listed on your resume, you aren’t doing yourself any favors. Typically, resumes should focus on what you have done in the last decade or so, and be highly focused on related experience. If you are just out of school and don’t have much experience, including unrelated jobs is fine if you can show transferrable skills, but as you get more experience, those jobs should fall off the resume.

  1. You Aren’t Keyword Focused 

Most employers use applicant tracking systems to scan resumes for keywords, and then rank candidates according to how many keywords appear. Therefore, if you don’t include the right keywords, your resume could be rejected even if you are the perfect candidate. When revising your resume, then, you should review job postings for your ideal jobs and incorporate the same language used by the employer; for example, if the employer asks for “strong knowledge of computer science fundamentals,” you should include “knowledge of computer science fundamentals” somewhere in your resume to ensure a match.

  1. Your Resume Doesn’t Highlight Technical Competencies

When applying for IT jobs, you need to clearly demonstrate your technical competencies and your skills. Don’t make employers search for that information or guess what you can do. Spell out your technical skills in a specific section. If you have any special achievements in these areas, include that information as well.

  1. You Don’t Highlight Transferrable or Soft Skills

Finally, many employers are looking for IT professionals with specific soft skills, such as teamwork, communication, and time management. Make these connections throughout your resume, including information about how you have demonstrated these skills when you discuss your achievements.

These are the major red flags that your resume is outdated and needs a makeover. Others include noting that references are available (employers know this), listing basic skills in your skill summary (we hope you can use Microsoft Office by now), and using an old email address from AOL or your university. If you make these changes, you’ll have a much better chance of landing the interview, and the job you want.

Author bio: Tiffany Rowe is a marketing administrator who assists in contributing resourceful content throughout the World Wide Web. Tiffany prides herself in her strong ability to provide high quality content that readers will find valuable. She enjoys connecting with other bloggers and collaborating for exclusive content in various niches. With two years of experience in blogging, Tiffany has found herself more passionate than ever to continue developing remarkable content for all audiences. http://www.seekvisibility.com/

Nothing Happens if Nobody Buys Anything

David O'Brien By David O’Brien,
Vice President, East Region & Government Services at Eagle

Nothing Happens if Nobody Buys Anything In the late 90’s and through the Tech Boom of the early 2000’s, Ottawa was a hot bed of technology and technology startups. Burgeoning companies like Cognos, JDS Uniphase, Corel,  and NewBridge Networks were full of world class engineering and R&D talent, many of whom came from Nortel. And still, other small companies sprung up around them, led by some of the brilliant engineers from those early breeding grounds of Nortel. All of these organizations were very much technology driven; similarly, all were severely challenged in bringing their “game changing” technology to market, in short, selling. Companies would evangelize to investors their incredible technology but the vision required to market it and the talent to sell it was as rare as Haleys Comet. That skill was and is a continued obstacle for IT companies both big and small.

Flash forward 15 plus years and global technology heavyweight based out of Ottawa, Shopify, have voiced their concern about hiring new recruits or graduates in Sales to support their coming growth plans. The Conference Board of Canada notes Sales has one of the top 5 specializations in highest demand, consistently in the last decade. Companies like Dell Canada, IBM, and Google Canada all are participating in a Canada-wide program to promote Sales to students as a viable and rewarding career choice. For most companies, sales are the proverbial “front-end of the ship” yet we continue to see people who backed in to Sales because they were a big personality, or were a really “likeable” individual. Sales is a far more sophisticated and evolved profession that is no longer 3 parts personality one part product knowledge. With newly empowered buyers (see: the Internet!), successful sales people now require an ability to consume data and analytics, be critical thinkers and problem solvers, forecast correctly and more than ever have advanced business and interpersonal communication skills both verbal and written.

So the question begs: Why, in an era of literally hundreds of college and university programs and in a struggling economy that tells us how critical developing tech companies need sales people, are we slow to getting on board in terms of educating and developing sales as a skill? Most of the top universities and even most MBA programs offer few sales- related courses. Additionally demographics tell us the same story we have heard across many functions in the business world — 40% or more of senior IT sales talent is set to leave the workforce, putting significant strain on companies to recruit a declining supply of sales talent. The academic world is now waking up to this realization and has begun to instill in their Business programs at the undergraduate level and beyond sales courses befitting the requirements of a modern sales professional. The days of glad handing your way to a successful sales career are in the past as we realize how critical revenue generation is for companies. After all… “nothing happens if nobody buys anything .”

IT Industry News for October 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on the Eagle Blog on November 10th, 2016

Tech News HeaderThis is my 30,000 foot look at events in the ICT industry for October 2016. What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

A Little History of previous year’s Octobers …

Five years ago in October 2011 an industry icon, Steve Jobs passed away and IBM announced Virginia Rometty as their first female CEO.  On the M&A front Oracle made a couple of buys, including RightNow Technologies ($1.5 Billion) and Endeca Technologies; Sony bought Ericsson out of their Sony Ericsson joint venture ($1.5 Billion); Red Hat bought storage company Gluster ($136 million); and Cisco bought BNI Video ($99 million).  The October 2012 news was dominated by Hurricane Sandy and the US presidential election.   The big deal of the month was a $1.5 billion merger of two US cell EMC logocarriers, T-Mobile and MetroPCS.  There were also a number of smaller deals, with EMC beefing up in the security area (Silver Tail), Telus expanding its medical solutions portfolio (Kinlogix Medical) and Avnet improving its IBM capabilities (BrightStar and BSP).  In the social networking world Yelp bought its European competitor Qype in a $50 million deal.  Three years ago, October 2013 was not a dynamic M&A month, although there was certainly some activity.  Oracle announced two acquisitions, both “cloud based companies: Big Machines provides pricing and quote date for sales and orders; and Compendium is a content marketing company.  Other “names” out shopping included Avaya buying the software division of ITNavigator for its call centre and social media monitoring software; Rackspace bought ZeroVM a tech company with a software solution for the cloud; Intuit bought consulting company Level Up Analytics, primarily to acquire its talent; VMWare bought “desktop as a service” company Desktone; Netsuite bought human capital software company TribeHR; and Telus enhanced its mobile offering with the HP logopurchase of Public Mobile.  In October 2014 we saw a new trend, with two public companies both choosing to split into smaller entities.  HP announced it was creating a business service focused Hewlett-Packard Enterprise and personal computing & printer company HP Inc.  Symantec also chose to split into two independent public companies, one focused on business and consumer security products, the other on its information management portfolio.  Other interesting news saw IBM pay $1.5 Billion to GlobalFoundries so it would take away its money losing semiconductor manufacturing business.  NEST bought out competitor Revolv; EMC bought three cloud companies, The Cloudscaling Group, Maginatics and Spanning Cloud Apps; and in Korea, Kakao and Daum merged to form a $2.9 billion dell logointernet entity.  Last year October 2015 brought some big deals with the biggest seeing Dell offer $26 billion to buy storage company EMC.  Interestingly an EMC subsidiary, VMWare was also out shopping, picking up a small email startup, Boxer.  In another deal involving “big bucks”, Western Digital paid $19 billion for storage competitor Sandisk.  IBM were also writing a big cheque, paying $2 billion in a big data/internet of things play for The Weather Network (minus the TV operations), and IBM also picked up a storage company, Cleversafe.  Cisco paid $522.5 million for cybersecurity firm Lancope; LogMeIn paid $110 million for LastPass; Trend Micro paid $350 million for next generation intrusion prevention systems company HP Tippingpoint; Red Hat picked up deployment task execution and automation company Ansible; Vasco Data Security paid $85 million for solution provider Silanis; and Apple bought a speech processing startup, VocalIQ.  As industries converged it was interesting to see Securitas pay $350 million for Diebold’s US Electronic Security business.

Which brings us back to the present …

Just like four years ago October 2016 news has been dominated by the US Presidential election … and of course the upset happened!  Maybe the election is why the M&A market was slow this month?  Not much in the way of deals, with one BIG deal seeing Qualcomm Google signpay $47 Billion for NXP Semiconductor.  The only other sizable deal saw Wipro pay $500 million for IT cloud consulting company Appirio.  Google picked up Toronto based video marketing startup FameBit and Pivot Technology Solutions picked up Ottawa based Teramach … and that was about it for October.

Other news saw Google step into the smartphone world with the release of Pixel, at a time Twitter logowhen wireless use in Canada is more than 50% of telecom revenues, however that is a crowded and hyper-competitive space so it will be interesting to watch.  Twitter announced layoffs plus the fact it will be shutting down the video service Vine.  Lastly HP Inc. also announced layoffs in its plans.

Despite all of the hype and vitriol of the presidential campaign, most indicators that were based on numbers were reasonably positive.  A couple of subjective indices (measuring confidence) were down, but nothing crazy.  There were also numerous reports from IDC and Gartner this month with predictions of growth in many tech sectors including total IT spend, cloud spending, security spending etc.  About the only areas that are trending down are PC sales which is no surprise and smartwatches, which is a surprise.

I would be remiss in my husbandly duties if I did not point out Janis Grantham’s inclusion in the 2016 Global Power 100 — Women in Staffing list.

I also found it surprising that it is five years since Steve Jobs passed away, it just doesn’t seem that long ago.

That is my update on tech news for October 2016 … until next month, stay positive, walk fast and smile!

IT Industry News for September 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on the Eagle Blog on October 6th, 2016
Tech News HeaderThis is my 30,000 foot look at events in the ICT industry for September 2016.

What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

A Little History of September in previous years …
Five years ago in September 2011 Broadcom paid $3.7 Billion for NetLogic.  Google was busy, buying restaurant reviewer Google signZagat plus acquiring 1,000 patents from IBM.  Ottawa’s Zarlink was bought by Microsemi for $525 million.  SAP bought Crossgate, Twitter bought Julpan and CSC bought Indian software testing company AppLabs, and Hitachi Data Systems continued the consolidation in the storage industry with the acquisition of BlueArc.  September 2012 was a quiet month in M&A deals.  Infosys increased its management consultancy capability with the $330 million purchase of Lodestone.  Lenovo bought Stoneware, a software company focused on the cloud, and Ericsson bought ConceptWave.  A couple of interesting investment moves saw Microsoft invest in Klout and Silicon Valley VC Chameth Palihapitiya invest in Xtreme Labs. Three years ago in September 2013 Blackberry announced a quarterly loss of almost $1 million and laid off 4,500 people. Microsoft bought Nokia’s devices and services unit for more than $7 billion. Ebay paid $800 million for payment platform Braintree; Synnex bought IBM’s customer care division for $505 million; Rogers added to its data centre capacity with the $161 million purchase of Pivot Data Centres; Extreme Networks bought Entersys Networks for $180 million; and Manitoba Telephone Microsoft logoSystems bought Epic Information Systems.  September 2014 saw some big deals announced, including Microsoft’s $2.5 billion purchase of gaming company Minecraft, Lenovo’s $2.1 billion purchase of IBM’s x86 server business and Cognizant’s $2.7 billion purchase of healthcare company, Trizetto Corp.  Hootsuite had an injection of cash and bought two companies, social telephony company Zeetl and social media marketing platform Brightkit.  Google also made two acquisitions, biotech company Lift Labs and desktop polling company Polar. There were plenty more deals announced, including Yahoo’s $8 million purchase of cloud based document hosting company Bookpad; Cisco’s purchase of private cloud company Metacloud; SAP’s purchase of expense software company Concur; Blackberry’s purchase of virtual identity software startup Movirtu and Red Hat’s purchase of mobile app company FeedHenry.  Last year in September 2015 there was a fair bit of M&A activity but no blockbuster deals.  Microsoft was very active, closing three deals, IBM logoAdxstudio which provides web based solutions for Dynamics CRM; app developer Double Labs; and cloud security firm Adallom.  Accenture picked up the cloud services company Cloud Sherpas; IBM added cloud software startup StrongLoop; Netsuite paid $200 million for cloud based marketing company Bronto Software; and Blackberry paid $425 million for competitor Good Technology.  Hardware company Konica Minolta bought IT Weapons; Qualcomm bought medical device and data management company Capsule Technologie; Networking and storage company Barracuda Networks bought online backup and disaster recovery company Intronis; and Compugen bought some of the assets of another Canadian company Metafore.

Which brings us back to the present …

HP new log 2016September 2016 was a slow month for M&A but there were a couple of large deals.  Tech Data paid $2.6 Billion for the technology solutions group of Avnet, and HP made the biggest printer acquisition to date, paying $1.05 Billion for Samsung’s printer business.  Other deals saw Google pay $625 million for Apogee, and restaurant company Subway bought online order taking software company Avanti Commerce.  One investment that caught my eye, in the staffing world saw Accenture invest in crowdtesting company Applause.

Economic news was generally positive around the world with a few exceptions, Brazil being the most obvious having had 17 straight months of job losses.  The US was, surprisingly to me, fairly positive in most indicators despite the upcoming election and their “interesting” potential presidents.  The Canadian outlook seemed generally positive, of course these reports were prior to announcements of carbon taxes.  The economy certainly doesn’t “feel” positive.

Yahoo logoYahoo had some more bad press, this time for a security breach that happened two years ago affecting 500 million accounts and Blackberry announced that it was getting out of the hardware business.

A couple of studies looking at emerging technologies saw increasing investment in big data analytics and IoT in the manufacturing sector and a suggestion that robots might only replace 6% of jobs in the future.  (I wonder if a robot could become President? Or Prime Minister? OR Premiere?  Pretty sure right now I might vote for them!))

That’s what caught my eye over the last month, the full edition will be available soon on the Eagle website.  Hope this was useful and I’ll be back with the October 2016 tech news in just about a month’s time.

IT Industry News for August 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on the Eagle Blog on September 8th, 2016

Tech News HeaderThis is my 30,000 foot look at events in the Tech industry for August 2016. What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

A Little History of August in previous years …

Five years ago in August 2011 Hurricane Irene hit the US coast, there was a mini-market crash and the world’s economies continued to struggle.  Google paid $12.5 billion for Motorola Mobility and IBM paid $387 million to add Algorithmics to its analytics portfolio, they also bought UK based analytics company i2.  Skype which was in the process of being merged into Microsoft, bought GroupMe, Bitly bought Twitterfeed and IBM logoCitrix bought Ringcube.  August 2012 was slow in the M&A space with IBM busiest, paying $1.3 billion for HR solutions and services company Kenexa, plus they bought flash memory developer, Texas Memory Systems.  The other “big name” deal was Google’s purchase of social media marketing company Wildfire Interactive, reputedly for $250 million.  Three years ago in August 2013 IBM paid $1 billion for Trusteer, a cybersecurity company specialized in the financial services sector;  Qualcomm sold its fleet management software unit for $800 million to private equity firm Vista Equity Partners; and the other big dollar buy was AOL paying $405 million for online video company Facebook logoAdap.tv.  Facebook bought speech recognition company Mobile Technology; Software AG bought analytics firm Jackbe; Opentext paid $33 million for cloud based software company Cordys; and SAP bought ecommerce company Hybris.  August 2014 saw no blockbuster deals, however a number of big name companies were out with their cheque books.  Intel paid $650 million for the LSI Axxia networking chip business; Vmware bought application delivery provider CloudVolumes; IBM bought Lighthouse Security Group to bolster its cloud based identity and access management capabilities; Google bought two startups, Emu to boost its messaging capabilities and Directr for its video advertising business; Facebook bought a security startup Privatecore, and the last BIG name saw Yahoo buying app company Zofari.  Last year in August 2015 there were two billion dollar deals.  Symantec sold Veritas (which it paid $13.5 Billion dollars for 10 years ago) to a group of investors for $8 Billion.  IBM also paid ”big bucks”, shelling out $1 billion for Merge Healthcare.  Smaller deals saw Calgary based Above Security bought by Hitachi; Transcomos bought 30% of Vietnamese daily deals site Hotdeal; Freshdesk bought live-chat company 1Click; and PLDT bought ecommerce startup Paywhere.

Which brings us back to the present …

August 2016 saw a fair bit of M&A activity although there were no billion dollar deals.   The largest deal saw global staffing company Randstad buy one of the larger job boards, Intel logoMonster for $429 million.  A similar sized deal saw Intel shell out $408 million for artificial intelligence company Nervana.  Hewlett Packard Enterprises paid $275 million for SGI (what was left of Silicon Graphics); Apple paid $200 million for artificial intelligence company, (there is a pattern here), Turi; Salesforce bought business analytics company Beyondcore for $100 million; and ScanSource paid $83.6 million for telecom cloud services company Intelisys Communications.

Microsoft logoOther acquisitions saw Microsoft snap up two companies, artificial intelligence scheduling software company Genee in addition to their XBox division buying interactive livestreaming company Beam.  Nutanix is buying two companies to bolster its Enterprise Cloud Platform, Calm.io, a DevOps automation company and PernixData, which offers data analytics and acceleration capabilities.   Other smaller deals saw Palantir, an analytics and consulting company buy data visualization startup, Silk; and Magnitude software is buying Vancouver based, data access and analytics company Simba.

Cisco was in the news for more layoffs, announcing 5,500 people, approximately 7% of their workforce, will lose their jobs as the company switches its focus from hardware to software.

Economic indicators around the globe were not too bad, with the US still talking growth, albeit slightly slower than previously expected.  Other markets generally saw positive numbers on employment, except perhaps Mexico and Canada (which lost 31,000 jobs in July).

A number of reports looking at emerging tech markets suggest that IoT, Cloud services and Video as a Service are all areas of growth … and thus possible areas for investment.

Eagle logoThat’s what caught my eye over the last month, the full edition will be available soon on the Eagle website.  Hope this was useful and I’ll be back with the September 2016 industry news in just about a month’s time.

Until then, Walk Fast and Smile!

What IT Contractors Need to Know About the Canadian Tech Sector (Infographic)

The Information Technology (IT) sector in Canada is continuing to grow and is stronger than ever. As an independent contractor in the IT field, understanding that growth, including specific industries, regions and skills will give you the knowledge you need to find new IT contract opportunities, compete, and negotiate rates.

As you (hopefully) already know, Eagle provides a monthly summary of what happened in the IT industry around the world, including specific company news and merger & acquisition activity. We also publish a quarterly job market update for Canada based on our own observations in the staffing industry. If you’re looking for more data from another source that is a little more visually pleasing, then gaze over this infographic from the Ryerson University-affiliated Brookfield Institute for Innovation and Entrepreneurship.

What IT Contractors Need to Know About the Canadian Tech Sector (Infographic)

IT Industry News for July 2016

Kevin Dee By Kevin Dee,
Chairman of the Board at Eagle

This post first appeared on the Eagle Blog on August 5th, 2016

Tech News HeaderThis is my 30,000 foot look at events in the ICT industry for July 2016. What you see here is a précis of the monthly report I produce, which will be available in more detail at the News section of the Eagle website, where you will also find back issues.

A Little History of July in previous years …

Five years ago, in July 2011 Dell’s move into networking with the purchase of Force10 was possibly the most significant tech deal, with Google (Punchd), Twitter (Backtype) and Adobe (EchoSign) all picking up smaller players to help move their agenda.  Three years ago in July 2012 Marissa Mayer became the new CEO at Yahoo and Dell bought Quest Software for $2.4 billion; Apple picked up Authentec for $356 million and Socialcam acquired Autodesk for $60 million.  Oracle was on a roll, buying (i) the assets of Skire (capital assets and facilities management software), (ii) Involver (a social marketing tools company) and (iii) Xsigo Systems (Network Virtualisation).  Vmware was also busy, picking up Dynamic Ops (virtualisation software) and Nicira (a start-up in the networking software space).  One interesting deal saw Digg bought for $500,000 by Betaworks, when Digg had been valued at $200 million just four years ago. July 2013 was quiet for  M&A Cisco logoactivity but there were some interesting deals, with the big deal involving perennial acquirer Cisco shelling out $2.7 billion for security vendor Sourcefire.  There were some other big names out shopping with EMC buying identity management company Aveska, Intel making an acquisition in Israel (a trend) of Omek a company specialised in the perceptual computing arena.  Apple bought Locationary, a Toronto company that is expected to be involved in improving Apple’s maps for iOS (remember when Apple dropped Google Maps!)  Finally, Ottawa’s Shopify bought a Toronto-based design agency Jet Cooper. Two years ago, July 2014 had a lot of M&A activity but no real blockbuster deals.  blackberryBlackberry bought encryption company Secusmart GmbH; Oracle bought cloud services company TOA Technologies; Twitter bought a startup Madbits, a company that focuses on the media space; Yahoo also bought a startup Flurry in the mobile apps space; Teradata bought a couple of smaller “big data” companies, Hadapt and Revelytix; Apple bought a couple of smaller “books & podcast” companies, Booklamp and Concept.io; Qualcomm bought education company EmpoweredU; and finally Nokia continued to rebuild after selling its devices and handsets business to Microsoft, this time buying Panasonic’s 3G and LTE base station operations division.  July 2015 saw no billion dollar deals, but there was some activity with some big names out shopping.  Microsoft made IBM logotwo acquisitions, paying $320 million for cloud security company Adallom and also picked up customer servicing software company FieldOne Systems. IBM picked up database as a service company Compose; Cisco paid $139 million for sales automation company MaintenanceNet; HP bought a cloud development platform Stackato; Blackberry bought AtHoc which is a crisis communication tool; and DropBox bought messaging company Clementine.  Other acquisitions saw Cisco as a seller, with Technicolor paying $600 million for Cisco’s set top box division; Level 3 bought security firm Black Lotus; Amadeus bought travel software company Navitaire (a subsidiary of Accenture) for $830 million; eBay sold its Enterprise unit for $925 million, having paid $2.4 billion for it 4 years ago.  In the continued blurring of the lines between technology companies and other industries, Capital One bank acquired design, development and marketing firm Monsoon.

Which brings us back to the present …

July 2016 saw some large deals, with Verizon making two multi-billion dollar acquisitions.  verizonThe big name was Yahoo who they bought for $4.83 billion, but they also paid $2.4 billion for Fleetmatics who provide fleet and mobile workforce management services.  Oracle were also out spending big dollars, paying $9.3 billion for cloud based ERP company, Netsuite. Now if those deals were not big enough, Softbank (like Verizon they have a large telco presence – formerly Vodafone) paid a whopping$32.2 billion for chip designer ARM Holdings.  Also joining the July billion dollar club was security vendor Avast, who bought AVG for $1.3 billion.  Other deals this month saw Salesforce pay $582 million for cloud based startup Quip; Google bought video company Anvato; Terradata bought training company Big Data Partnership; and Opentext bought analytics company Recommind.

Oracle logo a large software company originally noted for its databaseOther companies in the news in July were Microsoft for their continuing layoffs associated with their Nokia purchase and Facebook’s internet drone program reached a milestone with its first flight.  Oracle also lost a $3 billion lawsuit to HPE going back to a 2011 decision to not support HP Itanium servers.

Things are slow here in Canada, and the US continues to create jobs and show positive signs.

That’s what caught my eye over the last month, the full edition will be available soon on the Eagle website.  Hope this was useful and I’ll be back with the August 2016 industry news in just about a month’s time.

Walk Fast and Smile.