Talent Development Centre

Tag Archives: tech trends

All Talent Development Centre posts for Canadian technology contractors relating to technology trends.

Top 5 Skills All Tech Professionals Should Follow in 2021

Have you planned out your learning roadmap for the year yet? Do you know which skills you want to explore deeper, either formally or at least by following a couple extra blogs and Twitter accounts? If not, this video from David Bombal has five suggestions for you: Python, Linux, Cloud, Networking, and APIs.

Bombal believes that a lot of his career success is because he followed trends and knew which waves to ride. There is no need to become an expert in these skills but because technology is all connected, he states that you need to understand each of them to be successful at whatever it is you’re doing in the field of IT.

Want to know more? Take about 10 minutes to review the complete video below:

IT Industry News for November 2020

Kevin Dee By Kevin Dee, Co-Founder of Eagle

This post first appeared on the Eagle Blog on December 7h, 2020

This is my 30,000 foot look at events in the Tech industry for November 2020. 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 Novembers …

Five years ago, November 2015 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 The apple logo and apple with a bite out of ita Canadian telco after paying $465 million for Allstream.  Other, smaller deals saw Apple buy Faceshift, a motion capture company whose technology was used in a 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.

In November 2016, Broadcom acquired Brocade Communication Systems for $5.9 billion; Oracle logo a large software company originally noted for its databaseAdobe purchased multi-channel programmatic video platform TubeMogul for $540 million; IT services and outsourcing provider Wipro Limited bought IT cloud consulting firm Appirio for $500 million; Oracle announced its plans to acquire DNS solution provider, Dyn Inc.; SoftwareOne acquired and integrated House of Lync; and Avnet completed an acquisition of Hackster.

Three years ago, in November 2017, the big M&A activity for the month saw investment firm Thoma Bravo pay $1.6 billion for Barracuda networksMcAfee also made an acquisition, Skyhigh Networks which used to be an Intel company.  Smaller deals saw Talend buy Restlet and Qualys buy Netwatcher.

November 2018 was a busy month in the M&A space, with lots of action!  The largest deal saw SAP shell out $8 billion for experience management company Qualtrics.  Not far behind was Commscope paying $7.4 billion for telecommunication equipment maker Arris.  Vista Equity partners paid $1.94 billion for cloud software company Apptio; and private equity fund CVC paid $1.8 billion for a global IT and managed services provider, ConvergeOne Holdings.  The final billion-dollar deal saw Blackerry make its largest acquisition to date, paying $1.4 billion for AI cybersecurity startup Cylance.  In other deals, Thoma Bravo bought security testing vendor Veracode for $950 million; LinkedIn paid $400 LinkedIn Logomillion for a surveying startup, Glint; power management company Eaton paid $300 million for Turkish company Ulusoy Elektrik; and Citrix shelled out $200 million for intelligent portal company Sapho.  There were plenty of big name companies out shopping with no price tag named. Accenture bought a German design agency Kolle Rebbe; Apple bought AI company Silk Labs;  HPE bought big data company Bluedata; Oracle bought Talari Networks; Cisco bought networking company Ensoft; Microsoft bought another AI company, startup XOXCO; Red Hat (recently purchased by IBM) bought storage startup NooBaa; VMware bought Kubernotes startup Heptio; Symantec bought a couple of companies, Appthirty and Javelin Networks; and DXC bought a couple of companies, TESM and BusinessNow.

Last year, November 2019 saw quite a few “big dollar” deals.  The biggest saw Apollo Global taking TechData private in a deal worth $5.4 billion.  Google sold its Stubhub subsidiary to Viagogo for $4.05 billion; Xerox sold its stake in Fuji Xerox such that Fujifilm will own the whole entity at a cost of $2.3 billion; Google paid $2.1 billion for Fitbit; and Opentext paid $1.4 billion for security company Carbonite.  That is a lot of $ billion deals for one month!  Other deals saw Proofpoint pay $225 million for threat management company ObserveIT; DXC picked up solution providers, Virtual Clarity and Bluleader; Rackspace bought professional services company Onica, and Mimecast picked up DMARC Analyzer.

Which brings us back to the present …

 November 2020 continued the trend of M&A activity that we have seen these last few months, despite or perhaps because of the pandemic.  Certainly, there are distressed companies “out there”, but many companies are also just continuing to pursue their long term strategies.

The biggest deals this month saw Adobe shell out $1.5 billion for Workfront, a work management software company; Coupa Software paid $1.5 billon for AI powered supply chain design and planning company Llamasoft; Telus International also bought AI capability with their $1.2 million purchase of Lionbridge AI; and Palo Alto Networks paid $800 million for security vendor Expanse.

IBM logoSecurity company FireEye paid $186 million for cybersecurity investigation automation company Respond; and Connectwise paid $80 million for cybersecurity company Perch SecurityIBM made a couple of acquisitions; TruQua Enterprises is an SAP consulting company and Instana an application performance monitoring company with AI capability.

Cisco logoThere were  plenty more deals including Cisco buying cloud company Banzai Cloud; Splunk  bought network monitoring company Flowmill; Ping Identity  bought developer Symphonic Software; cybersecurity company Barracuda bought remote access company Fyde; StorCentric bought storage company Violin Systems; and another cybersecurty deal saw Acronis buy CyberLynx.

Apple was in the news this month, settling a case related to their throttling performance on iPhones to encourage users to upgrade.

Around the world we continue to deal with the pandemic.  There is promising news of vaccines, which will bring some relief as they are rolled out.  Economic indicators and job numbers have been improving for several months, but we are seeing rising cases and more lockdowns so the recovery is forecast to slow down.

That’s my look at the tech industry for November 2020. The full edition will be available soon on the Eagle website.   Until next month Walk Fast and Smile … don’t forget to be safe, wear a mask, wash your hands and socially distance.  We will get through this together!

Regional Job Market Update for Toronto, Ontario

Brendhan Malone By Brendhan Malone,
Vice-President, Central Canada at Eagle

Toronto, Ontario CanadaCOVID-19 has spared almost no business and the IT job market in Toronto is no exception. While it has certainly been spared some of the devastating consequences of other industries like the airline, hotel, and hospitalities, it has not been without pain and hardship of its own.

We’ve seen a mix of reactions and strategies from organizations to get through this turmoil, and it all depends on the company’s individual circumstances. While some are able and willing to use this time to accelerate their digital transformation and IT systems others are simply not financially able to, depending on where IT fits within their business and the impact of COVID.

Overall, though, there are technology employment trends that are standing out, many of which are the result of COVID-19 adjustment strategies. For example:

  • There is an increased demand for security resources as companies deal with the challenges associated with a remote workforce and the security challenges associated with keeping data secure from so many remote locations.
  • The demand for resources skilled in data analysis and analytics is expected to continue, if not rise.  Companies are competing to better understand how their customers operate in this reality.  Data positions are in high demand and this looks to continue.
  • Web-based projects continue to be on the rise, with UI and UX developers being sought after throughout all industries.

As stated, the outlook for IT jobs in Toronto is rosier than many other industries and locations.  Jobs grew in Ontario in June and July and IT far outpaced the median here. Specifically in Toronto, employers are continuing to recognize the strength of talent that’s out there. Once again, CBRE ranked Toronto the 4th best city in North America for tech talent in 2020, citing an overall 5-year employment growth of 36.5% and 5-year wage growth of 11.2%.

Part of the city’s success is due to the thousands of immigrant tech workers choosing to come here rather than the US, and Toronto is benefitting from that trend. Policy south of the border is encouraging more immigrants from Silicon Valley to make the Great White North their home, and leading companies are following the talent, choosing Toronto for their headquarters.

As we all band together to get through these tough times, the future remains bright in the Toronto IT market.  The expectation that organizations will continue to invest in IT in Toronto means the demand for top talent will remain high. That said, competition for contracts is also strong, so if you’re an IT contractor navigating your way through tough times, my advice is to continue expanding your networks and talking to recruiters. Companies who are hiring are doing so quickly, meaning the contractors who are top of mind and keeping their skills fresh are the ones most likely to get the gig.

Top iOS Mobile App Developments Trends for 2020

iPhone
Photo by Koby Kelsey on Unsplash

From the dawn of its creation, the iOS mobile development platform has provided versatile and powerful options for creating stunning apps. One of the reasons for its permanent thriving is the continuous state of flux that encompasses all the latest trends in mobile app development. New iPhones are out on the market each year, including improved hardware that sets the base for innovative mobile app development, year by year. To avoid lagging behind, mobile app development companies must stay on track with the new advancements and find their place in the platform, too. If you are interested in keeping abreast of the latest mobile design trends, here are a few pointers to focus on as we are moving into the year ahead.

UI Design Trends

Each iOS app development project starts with the basic goal to improve user satisfaction, which inherently makes new progress all about UI or the user interface. The user interface must not only improve in appearance but also provide a new level of satisfaction with feature simplicity and information delivery. This is not so simple as Apple puts iPhones and iPads under the microscope each year to perk up the hardware.

A key trend of feature mobile app development on the iOS platform is leaving this focus on aesthetically pleasing apps behind. That doesn’t mean that iOS apps will no longer be beautiful but it does mean that the ease of access to information and the simplicity of use take the number one place. Therefore, iOS apps must be made from scratch or revamped to help users complete tasks in the shortest possible time.

While we are touching upon aesthetics, the blurred borders of new iPhone screens play a major role in future iOS mobile app development. Designers need to find ways to create apps that work well on older phones with prominent edges and on new seamless iPhone models.

laptop
Photo by Daniel Korpai on Unsplash

iOS Animations and Graphics

Animations are an excellent way to attract users and keep their attention in the flow as they navigate through the app features. Animations enable sleek functionality – an aspect of user experience that users are primarily looking for.

How web browser tabs, for instance, look and shift on a smartphone, as well as other aspects that soften the lines between visual appeal and functionality, are important for keeping users pleased with the product.

3D graphics may be more demanding on behalf of the mobile app development team, but rewarding nevertheless because they provide an extra level of dynamism in transferring information to users, reducing the need for physical prototypes and boosting the visual aspect of products. It is important not to overdo 3D graphics as they can slow down loading times.

Gesture-based Navigation

One of the key trends for 2020 is the placement of navigation elements on your end product. A major design principle of navigation in past mobile app development trends was to place as many buttons in the navigation bar so that users have greater visibility of what is available. As the number of functionalities is growing, this approach doesn’t work anymore because the visual appeal gets lost among all those buttons.

Designers are now focusing on a more hidden, intuitive button design, placing the maximum number of buttons on the home screen without distorting aesthetics. Functionalities are still there but are enmeshed in the gesture-based navigation. Features compressed in this way will improve the user interaction with the app and ultimately boost engagement rates – it makes more sense to create iOS products that support a few key features than making it all about endless app possibilities which will impede the smooth use of the home screen.

If you align these iOS app development trends with the design process of past products in order to update them or use them while creating new ones, clients will ultimately reap benefits that haven’t been so important while ago but are essential as we move forward.

About the Author: Michael Kelley

With a background in journalism, Michael’s passion lies in educating audiences in the realm of tech. He is especially intrigued by the world of app development and all associated facets including Android, iOS, blockchain, andd App technology. Michael has spent the last few years working with app agencies to elevate their content strategy and expand his knowledge even further as app development technologies advance. When he’s not typing away at his computer, you can find Michael traveling the globe or taste-testing pizzas in search of the ultimate pie.

IT Industry News for September 2019

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

This post first appeared on the Eagle Blog on October 10th, 2019

This is my 30,000-foot look at events in the ICT industry for September 2019. 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, September 2014 saw some big deals announced, including Microsoft’s Microsoft logo$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.

In September 2015, there was a fair bit of M&A activity but no blockbuster deals.  Microsoft was very active, closing three deals, Adxstudio which provides web-based solutions for ACCENTURE LOGODynamics 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 Technologies; 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.

September 2016 saw Tech Data pay $2.6 billion for the technology solutions group of HP logoAvnet, 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.

Two years ago September 2017 saw Google splash out $1.1 Billion to acquire HTC’s pixel team, strengthening its own smartphone capabilities.  In an interesting move IKEA bought gig economy company TaskRabbit. HPE bought Cloud Technology Partners, presumably to strengthen its capabilities in that area and possibly access new clients.  Finally Edmonton company F12.net bought Vancouver’s ONDeck Systems as it pursues its goal to be a National IT Service Provider.

Last year, there were some big deals in September 2018.  Adobe’s $4.5 million purchase of Marketo was the big deal of the month.  Not a true tech play but Sirius XM paid $3.6 billion for Pandora, and with digital/media/tech convergence it seemed like a fit.  Digital Realty is expanding its data centre footprint with the $1.8 billion purchase of Brazil’s Ascenty.  SS&C paid $1.5 billion for Intralinks.  Vonage paid $300 million for contact centre as a service company NewVoiceMedia; Microsoft added to its AI portfolio, buying Lobe; Intel bought a startup, NetSpeed to help with its IoT chips; Cognizant added to its Salesforce capabilities, buying Advanced Technology Group; Infosys also added Salesforce capability in Europe, buying Fluido; and Slack added an AI driven email client to its portfolio with the purchase of Astro.

Which brings us back to the present …

September 2019 was relatively busy in M&A with Qualcomm’s $3.1 billion acquisition of TDK’s share in a RF joint venture, the largest deal of the month.  There were some big Facebook logonames out shopping in September, with Microsoft buying cloud migration company Movere; Facebook bought Wearables company Ctrl-labs (reputedly for big dollars); HP bought endpoint security company Bromium; Western Digital bought Kazan Networks; and Github bought developer tool Semmie.  Commvault paid $225 million for cloud software company Hevig and there were a few more smaller deals.

Other companies in the news included YouTube who reached a $170 million settlement related to protection and privacy for children; Kik interactive shut down its messaging service; and DoorDash became the latest cyber breach casualty.

The jobs numbers were optimistic in Canada, and the US also had good jobs news although the ongoing trade war and potential impeachment have put a negative spin on some of the reports coming out.

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 2019 industry news in just about a month’s time.

Walk Fast and Smile

IT Industry News for August 2019

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

This post first appeared on the Eagle Blog on September 4th, 2019

Tech News HeaderThis is my 30,000-foot look at events in the ICT industry for August 2019. 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 2014, there were no blockbuster deals, however a number of big name companies were out with their cheque books.  Intel paid $650 million for the LSI Intel logoAxxia 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.

In August 2015, there were two “billion dollar” deals.  Symantec sold Veritas (which it paid $13.5 billion dollars for 10 years prior) to a group of investors for $8 billion and IBM shelled IBM logoout $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.

Three years ago, 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 Monster for $429 The apple logo and apple with a bite out of itmillion.  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.  Other acquisitions saw Microsoft snap up two companies: artificial intelligence scheduling software company Genee, in addition to their XBox division buying interactive livestreaming company Beam.

August 2017 was relatively slow on the M&A front.  Symantec sold its website security Cisco logobusiness to DigiCert for $1 billion, plus a stake in the larger entity.  Cisco paid $320 million for hyperconvergence company Springpath, CGI bought a Pittsburgh consulting company, Summa Technologies and Accenture bought a Toronto consulting company VERAX.  While not a pure tech play, the biotech world saw Aclaris pay $100million for Confluence.

Last year, August 2018 saw a fair amount of M&A activity: a lot of smaller deals, a few significant moves and some recognizable names were out buying companies.   The big deal of HP logothe month saw Cisco pay $2.35 billion for access security company Duo Security.  In other deals, VMWare paid $500 million for cloud management company CloudHealth; and HP splashed out $500 million for Europe’s largest print provider, Apogee.  Apple snapped up Augmented reality startup Akonia; Accenture made two small acquisitions in the digital space, Mindtribe and Pillar Technology; Intel picked up a small AI company Vertex.Ai and Vonage paid $35 million for video company TokBox.  Apple was also in the news because it became the first public company to reach a $1 trillion valuation, and they were quickly followed by Amazon.

Which brings us back to the present …

August 2019 was a busy month in M&A, with the big deal getting mixed reviews as Broadcom paid $10.7 billion for Symantec’s security unit.  Some saw this as old tech buying old tech, but for Broadcom it provides diversity of offering.  VMWare had a busy month paying $4.8 billion to acquire Carbon Black and Pivotal, and then announcing the acquisition of Intrinsic.  Private equity company BC Partners is paying $2.1 billion to take Presidio private, and Salesforce paid $1.35 billion for ClickSoftware to improve its service capability.  The final deal in the BIG dollar leagues saw Splunk pay $1.05 billion for cloud monitoring platform SignalFxAccenture was busy this month, announcing two acquisitions; Northstream, a telecom consulting company plus engineering company, Fairways Technologies.  DXC spin-off Perspecta paid $250 million for managed services company Knight Point and there were a number of other “big name” companies making acquisitions; Amazon bought E8 Storage; Cisco bought Voicea; Microsoft bought JClarity; Twitter bought Lightwell and HPE bought the assets of MapR.

Other companies in the news included Apple, who, responding to concerns about their Siri recordings, laid off hundreds of workers who used to work with this “data”.  Google announced it is closing its Google Hire offering and Cisco announced layoffs in California.

There were several interesting stories this month related to cyber security and various scams.  The underlying message to individuals and organizations being that training, tools and vigilance are needed to combat the “bad actors”.

Major economic indicators in the US were generally positive, although economists have started wondering when the next recession swill hit, 2020 or 2021.  Canada had mixed job numbers depending upon who you believe and job indicators across the world were generally positive, although Germany’s economy is struggling and the UK continues to deal with the Brexit debacle.

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 September 2019 industry news in just about a month’s time.

Walk Fast and Smile

Regional Job Market Update for Ottawa, Ontario (August 2019)

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

Ottawa Job MarketWhile the Canadian economy shed over 24,000 jobs in July and the national unemployment rate edged up to 5.7% from 5.5%, the disappointment was not reflected in the Ottawa market (and let’s be sure to add context — these are still historically low rates of unemployment.)

The employment story in Ottawa for the same month was one of continued robustness, with the region adding 12,300 jobs in July, dropping the unemployment rate sharply from 5.6% in July to 4.8%. The local tech market along with the Federal Government continue to drive the market as both seek to fill positions in what is rapidly becoming one of the tightest technology talent markets in Canada. In fact, Shopify recently introduced an innovative program to attract “lapsed” developers, former developers who have taken more than two years off and are out of the market. The program will train them back up on the job — surely a sign of the times in an effort to attract talent.

With a pending Fall election, there is no doubt an expected slowdown in hiring, specifically net new IT projects with the Feds. That said, however, this summer has been one of the busiest experienced with numerous large RFP’s on the street and the Feds still forecasting to create 10,000 new jobs over the next 5 years.

TD Bank recently released a study that looks at the evolving inequality in the labour market as it relates specifically to technology and cities in Canada. We have asserted for some time that while the national unemployment rate is a healthy 5.2% to 5.9 % range, the “technology” unemployment rate is likely less than half that national rate at around 2.0% to 2.5%. The reality on the ground, however, is in major cities it is in fact closer to 0 per cent! The study shows that the 5 major centres in Canada of Toronto, Montreal, Vancouver, Calgary and Ottawa make up over 70% of the entire digital services employment in Canada, backing up the near 0% technology unemployment rate. With these kind of market forces in play, in cities like Ottawa, we can verify undoubtedly the scarcity of resources. It’s no surprise that Canada experienced the fastest clip in wage growth in a decade of 4.5%, up sharply again from 3.8% in June.

Recent global economic indicators have brought talk of a possible recession in the months and years ahead, as the long recovery cycle comes to an inevitable cooling off; however, it’s tough to fathom given the local technology market we see in Ottawa today.

In demand roles around the Ottawa tech job market this summer include Architects, IT Business Analysts, System Analysts, Programmers and Project Managers.

IT Industry News for July 2019

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

This post first appeared on the Eagle Blog on August 13th, 2019

Tech News HeaderThis is my 30,000-foot look at events in the ICT industry for July 2019. 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 2014, there was plenty of M&A activity but no real blockbuster deals.  BlackBerry bought encryption company Secusmart GmbH; Oracle bought cloud services Oracle logo a large software company originally noted for its databasecompany TOA Technologies; Twitter bought a startup Madbits, a company that focusing 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 continue 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 Microsoft logoshopping.  Microsoft made two 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, 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 four 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.

In July 2016 Verizon made two multi-billion-dollar acquisitions.  The 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 2016 billion dollar club was security vendor Avast, who bought AVG for $1.3 billion. Other deals 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.

July 2017 saw Cincinnati Bell buy Hawaiian Telcom Holdco for $650 million and OnX for Mitel Logo$201 million. Mitel paid $430 million for ShoreTel and bought Toshiba’s unified communications business. In Toronto, digital signage solution provider, Dot2Dot, acquired Pixel Point Digital. PNI Canada Acuireco Corp. purchased Sandvine Corp. for $562 million, with plans to merge Sandvine with Procera Networks.

Last year July 2018 was a busy M&A month with the biggest deal of the month, a somewhat unlikely $19 billion acquisition of CA Technologies by Broadcom.  Solution provider, Atos paid $3.45 billion for Syntel, creating a large North American presence.  Fortive paid $2 billion for physical resource management software company Accruent, and the last billion dollar deal of the month saw SS&C pay $1.45 billion for investment technology company Eze Software.  Other deals saw AT&T buy cybersecurity company Alienvault; Hitachi bought AWS integrator Rean; Intel bought specialty chip maker eAsic Corp; Accenture continued its acquisition spree with the purchase of AI company Kogentix; and Getronics re-entered the North American market with the purchase of Pomeroy.

Which brings us back to the present …

July is quite often a slower news month, and July 2019 was a little like that.  Having said Cisco logothat, there were some big deals announced.  Cisco’s $2.6 billion acquisition of Acacia Communications was the biggest deal. Apple splashed $1 billion to buy Intel’s smartphone modem business, and KKR bought Corel for $1 billion too.  There were a few more deals hit my radar with Google buying storage company Elastifile; 8X8 cloud communications company paying $100 million for Platform as a service company Wavecell; and finally Epam Systems bought educational content company Competentum.

There was another big cyber breach announced with Capital One sharing data on more than 100 million customers.  There was also a malware called “Agent Smith” that infected 25 million Android devices.  A report on how AI will impact on jobs seemed significant, but most of the respondents believe new roles will replace the lost jobs.

On the economic front the current US economic expansion is the longest on record, and there are still lots of positive indicators.  Canada lost jobs in June and continues to have struggles.  Around the world most indicators were positive, with a few notable exceptions … South Africa caught the eye with the highest jobless rate since 2003.

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 2019 industry news in just about a month’s time.

Walk Fast and Smile

Regional Job Market Update for Edmonton, Alberta (July 2019)

Cameron McCallum By Cameron McCallum,
Regional Vice President at Eagle

City of EdmontonBy all accounts, Alberta’s recovery has been long, slow and a bit tortuous. Kind of like the last 10+ seasons of the Edmonton Oilers. According to economists, rising incomes, combined with continuing population growth, helped to buttress retail and other components of both the region’s and the city’s economies so far this year, but growth has been disappointing in the 1.3% range.

Previous risks identified are expected to continue and will likely offset gains in other areas. For Edmonton these include:

  1. Oil prices falling again and/or an increase in the price differential between West Texas Intermediate and Western Canadian Select. While the previous government was able to reduce this gap, increased supply (Americans fracking activity and Donald Trump’s aggressive energy policy) could signal lower prices.
  2. Continued challenges getting our oil to current and potential new markets either by rail or pipeline. I don’t think I need to expand on this although there has been some progress in the Transmountain debate!
  3. Stricter controls on carbon emissions and political and public opposition to energy projects continues to constrain longer term growth in the energy sector. Not sure it matters what side of the political coin you are on but I have no doubt that it is the continued legislative uncertainty and political rhetoric that is giving industry nightmares. Nobody likes uncertainty!
  4. And the continuing international trade conflicts or threatened conflicts continue to rock the markets and serve to depress the global economy. The US seems intent on winning concessions and the various posturing of nation leaders has hit close to home as China has banned Canadian pork and canola, directly impacting Alberta farmers.

But what has this meant for the Edmonton IT sector?  While economic growth in 2019 has been marginal, the IT sector continues to thrive. Looking back at internal numbers from this time last year would suggest little has changed. Our clients continue to seek talent for key projects and they continue to ask Eagle to provide them with that talent to move initiatives forward. Edmonton’s diversity is again its best defense.

Perhaps the only blip on the radar has been the fallout from the election of a new provincial government. As is often the case in these scenarios, the new government has decided that it is best to freeze hiring on projects and according to our sources, existing contracts are being allowed to end naturally and extensions are not being offered. A significant uptick in applications to our Eagle website is evidence that there has been a recent surge in available resources. This could mean greater competition for jobs and contracts. Typically these are short lived interruptions but with the province in debt, and a government that campaigned on getting the debt under control, it might be too early to predict with certainty that hiring will begin again soon. The provincial government is a massive user of contract IT resources so this will have to be monitored.

So what is hot in the market. We saw the following “Hot Skills” in the first half of 2019 and all indications are that these skillsets will be in demand for the rest of the year. There are a couple of more that we’ve added to the list:

  • Microsoft Stack Expertise (C#, HTML, CSS etc.)
  • Cloud Consultants
  • Infrastructure Specialists (VMWare)
  • Change Managers
  • Network Analysts (for cloud preparation)
  • Agile Project Managers

IT Industry News for June 2019

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

Tech News HeaderThis is my 30,000-foot look at events in the ICT industry for June 2019. 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 June in previous years 

Five years ago, in June 2014, Oracle paid $5 billion for Micros Systems; Sandisk paid $1.1 Oracle logo a large software company originally noted for its databasebillion for solid state storage company Fusion-io. Google continued its push into home automation, witnessed by its subsidiary Nest paying $550 million for cloud-based home monitoring service Dropcam. Google itself paid $500 million for Skybox Imaging, a satellite maker to enhance the Google Maps capability. Twitter paid $100 million for mobile marketing platform Tap Commerce and Red Hat paid $95 million for eNovance.

In June 2015, Intel paid $16.7 billion for semiconductor company Altera Corp. Cisco paid Intel logo$635 million for security firm OpenDNS in addition to picking up OpenStack company, PistonCloud Computing. Microsoft bought 6Wunderkinder, maker of task management app Wunderlist; Ricoh Canada bought Graycon Group, a professional services firm headquartered in Calgary; and finally, IBM bought OpenStack company Blue Box Group.

Three years ago, June 2016 saw Microsoft buy LinkedIn for a whopping $2.6 billion. There were other billion dollar deals that month too: Salesforce paid $2.8 billion for e-commerce Microsoft logoplatform maker Demandware and Amazon announced an extra $3 billion investment in its India operations. Other significant deals included Daetwyler Holdings AG paying more than $877 million for Raspberry Pi maker Premier Farnell Plc; Red Hat paid $568 million for API management software company 3Scale; and OpenText paid $315 million for HP’s Customer Communication Management products. Other noteworthy deals included an investment group’s purchase of Dell’s software arm; Microsoft bought natural language start up Wand Labs; and Samsung bought cloud computing company Joyent. Also, Google Capital announced its first investment in a public company, investing $46 million in Care.com, an online personal services marketplace platform.

June 2017 saw Amazon’s purchase of Whole Foods for $13.7 billion. Westcon-Comstar’s Amazon logoAmerican business bought by Synnex for approximately $800 million. US fintech provider, Fiserv purchased British financial services technology firm, Monitise for $88.7 million. Microsoft purchased Israeli cloud startup, Cloudyn, for a price between $50 million and $70 million. Rackspace bought TriCore in an effort to increase Rackspace’s business from customers who want help running their critical applications.

Last year, June 2018 saw a fair bit of M&A activity, the biggest deal seeing Synnex pay $2.43 billion for call centre company Convergys and AT&T pay $1.6 billion for advertising tech IBM logocompany AppNexus. Palo Alto Networks paid $300 million for security company Evident.io; PayPal shelled out $120 million for fraud detection startup Simility; Splunk paid $120 million for incident management platform company VictorOps; Ribbon Communication paid $120 million for Edgewater Networks; and Sharp shelled out $36 million for Toshiba’s PC business. Other companies out shopping included Cisco, who bought WiFi analytics company July Systems; IBM bought maintenance and repair company Oniqua and Shopify bought app company Return Magic.

Which brings us back to the present

June 2019 saw some significant M&A deals with the Salesforce acquisition of Tableau for Salesforce logo$15.7 billion, the largest deal of the month. Infinion Technologies paid $10 billion for Cypress Semiconductor; Google paid $2.6 billion for data analytics company Looker; Capgemini shelled out $3.6 billion for engineering company Altran and in the robotics world, Blue Prism paid $100 million for Thoughtonomy. Other companies with smaller buys included Apple picking up the assets of Drive.ai and Twitter buying machine learning startup Fabula AI.

The Canadian Federal Government invested $5 million into an innovation centre in Markham, which is a trend we are seeing more often. There was also more news about CyberSecurity breaches, with suggestions of state sponsored hackers focusing on telecommunication companies.

canadian flagIn Canada, the job numbers are interesting, with Statistics Canada suggesting May was a bumper month, and ADP suggesting we actually lost jobs. The methods of data gathering differ so it will be interesting see how it works out over time.

The US had some mixed reports regarding the economy but overall the story is still positive, with some reports focusing on the growth being not as great as it was… still growth! Generally, indicators in the US economy are positive. Likewise, indicators on jobs and employment around the world are also positive.

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 July 2019 industry news in just about a month’s time.

Walk Fast and Smile