November 7, 2013
October 31, 2013
The Top 10 Strategic Technology Trends For 2014 – from the Global Technology Research firm, Gartner, Inc.
Screenshot of the Gartner on Demand site http://www.gartnereventsondemand.com/
Global Technology Research firm, Gartner never ceases to delight. At the recent Gartner Symposium/ITxpo earlier this month in Orlando, Florida, Gartner advised organizations to put the following ten technologies on their watch list! (more…)
October 24, 2013
Marmite, Lusties, and Energy Efficiency Domination of CleanTech
We love October because this is the month that the Cleantech Group publishes the Global Cleantech 100 List! Who made the “lust list”, who are the “marmites”? What are the latest cleantech trends?
Celebrating Innovative Cleantech Companies
No one is better positioned than the Cleantech Group, provider of the i3 market intelligence platform and global consulting services, to investigate and bring forth exposés on the top private cleantech companies sectors spanning Energy Efficiency, Biofuels & Biochemicals, Conventional Fuels, Smart Grid, Transportation, and Water & Wastewater. (more…)
October 10, 2013
Tech Deal Volume Down, M&A Activity Improving; IT Jobs Increasing
Image courtesy of KROMKRATHOG at FreeDigitalPhotos.net
Tech Trends – PwC’s U.S. Technology M&A Insights, and TechServe Alliance’s monthly IT Jobs Tally
Year-over-year technology company deal volume has fallen, shrinking to 2009 levels. However M&A activity being pushed by private equity buyers taking a more active role in the second half of the year, according to the second quarter PwC report. IT Jobs have increased across sectors for the 24th month in a row.
Deal Volume Down, M&A Activity Improving
PwC is bullish on the last half of 2013 and 2014: “New announcements provide positive momentum, and as the US economy continues to improve, growth in emerging economies stabilizes, and difficulties in Europe and Japan are addressed, the improved clarity will create a fertile environment for technology volume to grow.” (more…)
October 3, 2013
Cleantech Bounces Back, Pure-Play Growth Hits 18%
Image courtesy of Pixomar at FreeDigitalPhotos.net
Ernst & Young Global Limited recently released a Cleantech Industry Performance report. The analysis finds that the number of clean tech pure play companies have grown global despite bankruptcies and consolidation.
EY’s recently released Cleantech Industry Performance report finds that the number of clean tech pure play companies have grown global despite bankruptcies and consolidation. Despite the challenging environment in which the cleantech industry operates, China and the USA have consolidated their leadership and market capitalization bounced back from last year increasing by 18%, the study finds. Biofuels ranked top in the number of IPOs. Solar raised over 30% of the money. (more…)
September 12, 2013
Women in the Tech Sector
Women hold 56% of professional jobs, but only 25% of IT jobs. Women are the minority of executives at Fortune 500 tech companies (11%) and even less found tech start-ups (5%).
Even though more women (68%) earn a Bachelor’s degree, Women only account for 18% of those earning Computer and Info Science degrees in 2009.
When they do choose the tech sector, women’s pay is still not on par with men’s. The three best paid jobs are computer programmers, computer & information systems managers, and computer software engineershowever women earn 5%, 18%, and 9% less respectively as compared to their male counterparts. (more…)
September 5, 2013
Kachan – Cleantech Analysis and Consulting
15 Tips for Clean/Green Tech Accelerator Success
Clean Tech Trends
By Dallas Kachan
Previously managing director of the Cleantech Group, Dallas Kachan is now managing partner of Kachan & Co., a cleantech research and advisory firm that publishes research on clean technology companies and future trends.
Business incubators, also called accelerators, are designed to support the successful development of entrepreneurial companies through an array of business support resources and services. Dedicated to startup and early-stage companies, technology incubators in particular have been the spring boards for the bleeding edge Silicon Valley companies such as Apple, Google, Facebook, Logitech, Intuit, Sun Microsystems, and PayPal. (more…)
August 22, 2013
Tech Trends – The Software Industry
PwC’s Technology Institute’s report the Global 100 Software Leaders investigates the trends that are shaping the software industry.
SaaS (software-as-a-service), mobile device proliferation, consumerization of IT are trends that are forcing software companies to re-think everything about product development, pricing, marketing, and delivery. Competition for the talent in this evolving market place has reached the proportions of a “talent war”.
“As we all know, cloud computing enables a new business model—the selling of software as a service, either by subscription or as a true pay-as-you-go usage model. Add the explosion of mobile devices, the ubiquity of wireless networks and the consumerisation of IT, and you get further innovation—and confusion—in business models.” (PwC Global 100 software leaders) (more…)
August 15, 2013
45% of Fortune 500 Co.s in 2010 were founded by immigrant or child of one
Is Immigration a Solution for Economic Growth?
Workforce Immigration Trends
Reports show that immigration secures huge economic benefits through job creation and increased GDP. The tech talent crunch has been a persistent story throughout the recession and recovery, American companies need access to highly skilled international workers in order to compete. If we do not allow highly skilled foreign workers into the US, they will contribute to another country’s economy instead of ours, and America would risk losing its preeminent place as the world’s business powerhouses, and the Fortune 500 companies of the future.
More than forty percent of the 2010 Fortune 500 companies were founded by immigrants or their children; and seven of the ten most valuable brands in the world come from American companies founded by immigrants or children of immigrants. Many of America’s greatest brands inlcuding Apple, Google, AT&T, Budweiser, Colgate, eBay, General Electric, IBM, and McDonald’s, were founded by an immigrant or the child of an immigrant, according to Partnership for a New American Economy.
The “New American” Fortune 500 report states that immigrants spur job creation across all industries, including the highest growth sectors:
- 45% of high-tech firms from the Fortune 500 had either an immigrant or child of an immigrant among its founders,
- 50% of the medical equipment and device makers, including the three largest players by revenue, were founded by immigrants or their children,
- Immigrant-founded Fortune 500 companies employ 3.6 million workers around the world today,
- Fortune 500 companies founded by immigrants to the United States generated more than $1.7 trillion in revenues in 2010; companies founded by immigrants or children of immigrants generated more than $4.2 trillion in revenues that year.
The Brookings Institute’s Hamilton Project reports on the impact of new immigration on wages. While some worry about a negative impact on wages resulting from new immigration, several studies have shown that on average, immigration can positively impact wages and opportunities for Americans. When immigrants are hired into lower paid positions, American businesses and farms can expand their capacity which then provides new opportunities and better pay for more Americans. When there is a shortage of the right skills in the labor marketplace and highly skilled immigrants are able to enter the workforce, then American companies benefit in their competitiveness and capacity, again providing more jobs and opportunities, better pay follows.
Another report by the Regional Economic Models, Inc (REMI) Key Components of Immigration Reform estimates that the proposed Pathway to Legal Status policy would increase total U.S. employment by 123,000 in 2014, and by 594,000 by 2018. The GDP that would result includes an increase of over $10 billion in 2014, and over $49 billion in 2018. An expansion of the high-skilled (H-1B) worker visa program would add 227,000 jobs by 2014. The report argues for the expansion of lesser-skilled visas (H-2A [farm visas], H-2B [seasonal, peak load, and intermittent worker visas] and W-1 [lesser-skilled nonseasonal worker visas]) as well, citing increases in employment and GDP through increased economic productivity and output. The REMI report states that “expansion of these visas will benefit not only those who receive them, but also the workers and consumers in the U.S. economy as a whole.”
The positive impacts and need for top talent are the inspiration behind the formation of FWD.us by leaders of the US technology community, from tech giants such as Facebook, Google, YouTube, LinkedIn, DropBox, and other household names. FWD.us is a 501(c)(4) advocacy organization committed to promoting policies to keep the American workforce competitive. The group promotes comprehensive immigration reform: Easing immigration for foreign talent and enticing native entrepreneurs to stay in the country are among the group’s goals. The mission is “to build the knowledge economy the US needs to ensure more jobs, innovation and investment,” states Mark Zuckerberg in a Washington Post Op/Ed.
August 1, 2013
Electric Vehicles, Job Creation and Recent Reports
Clean Tech Trends
In May of this year, sales of electric vehicles hit a milestone with 100,000 sold in the United States according to Autoweek. The month of June marked a new milestone, with one of the best months of sales hitting nearly 9,000 electric passenger vehicles. Tesla has been one of the best-selling luxury EV cars, and the Nissan Leaf and Chevy Volt have garnered sales and customer loyalty. Hybrids outnumber plug-ins by about 50,000. Prius was the original leader in the hybrid market but Toyota, Camry and Highlander and even Ford are growing in popularity each year. (more…)
July 25, 2013
Tech Trends – The PC is Dead, Long Live the PC
Do Recent Tech Sector Job Cuts Worry You?
Tech-Sector Job Cuts Surged by 144% in the second quarter according to global outplacement firm Challenger, Gray & Christmas, Inc. The byline of the press release portends more job cuts caused by the diminishing sales of personal computers. Indeed, the technology sector layoffs reportedly more than doubled during the latest quarter. Computer job cuts jumped up to 16,404 in Q2. But despite this increase in tech-sector job cuts, overall the downsizing has slowed from a year ago.
But is it all gloom and doom? (more…)
July 11, 2013
Tech Trends – The BYOD and Mobile Security Report 2013
The BYOD and Mobile Security Report 2013 was written by Holger Schulze, owner of the 160,000 member Information Security Community group on LinkedIn. The report was sponsored by Lumension Security, Inc., Symantec, KPMG, MailGuard, and Zimbani.
A survey and report by Holger Schulze, via the Information Security Community group on LinkedIn.
The trend of bringing you own device (BYOD) into the workplace is increasingly ubiquitous. The security and data control issues that arise are critical to address. Many companies are adopting employee-owned mobile devices, many are implementing policies against the use of BYODs. Especially in the tech sectors, this is a trend that most companies are going to have to address.
The BYOD and Mobile Security Report 2013 is a survey comprised of responses from members of the Information Security Community on LinkedIn. It sheds light on the BYOD drivers, company benefits, and how companies are addressing the associated security risks. (more…)
July 4, 2013
CleanTech Trends Pop Quiz Answers
Answers to last week’s 10 Questions
Last week we published a pop quiz to test you savvy on the latest employment, deployment, and penetration rates of the various cleantech sectors.
The answers follow below.
1. Which renewable sector deployment grew by 28 percent in 2012 in the U.S.? (more…)
June 28, 2013
CleanTech Trends Pop Quiz
10 Questions to Test Your CleanTech Savvy
Are you savvy on the latest employment, deployment, and penetration rates of the various cleantech sectors? Take this 10-question pop quiz and test your knowledge. (more…)
June 6, 2013
Reporting on the Internet of Things
The most viable IoT: Healthcare IT, Energy Efficiency, and Enablement technologies, this and more in the new Silicon Valley Bank report.
The Silicon Valley Bank (SVB) strategic advisory experts have just put out a new report on the Internet of Things. This analysis explores the market forces, financing dynamics, and then looks at niche markets such as enablement, connected healthcare, and energy efficiency.
The Internet of Things (IoT) was coined by then product manager at Procter & Gamble, Kevin Ashton, back in 1999. Kevin wrote that “If we had computers that knew everything there was to know about things—using data they gathered without any help from us—we would be able to track and count everything, and greatly reduce waste, loss and cost. We would know when things needed replacing, repairing or recalling, and whether they were fresh or past their best. The Internet of Things has the potential to change the world, just as the Internet did. Maybe even more so.”
The SVB’s IoT report covers advancement in technology that has poised the IoT for a renaissance, and looks at the promise and hurdles ahead. It calls out the gap between the offering of large tech companies and the areas where growth is strongest. And it states that investors are shying away from IoT technologies until the benefits can be quantified.
The IoT encompasses a vast number of sectors such as Communication, Connected Healthcare, Monitoring, Enablement, Energy and Environment, Meter/Utilities, Enterprise and IT, Heavy Industry, Retail and Commerce, Smart Buildings, and more.
IoT companies are faced with funding challenges. Venture Capital funding of IoT is facing imbalances in supply and demand. There are more angel or seed financed companies now than there are institutional funds to continue to fund them as they move into series A stage.
SVB reports that to successfully bring a product to market and expand (Series C and beyond), $30M+ in total invested capital is required on average. Lack of investment may be attributed to things like s hardware development, inventory management, long sales cycles, and/or slower than expected up-take.
The most viable business cases have been in Healthcare IT, Energy Efficiency, and Enablement technologies. IoT enablement technologies are the base upon which all other IoT products are built, and while experiencing strong growth, these are also experiencing increased cost of goods sold and operating expenses.
There are certainly great socio-economic benefits to come from the Internet of Things. Capital to fuel the innovation will continue to be allotted slowly as investors watch for proven quantifiable business cases.
Read the full SVB Internet of Things report online.
About SVB Analytics Strategic Advisory Service
For over 30 years, SVB has been at the center of the venture capital world, reviewing business models and providing valuation services to thousands of early-stage disruptive companies. Because of this, SVB Analytics’ strategic advisory service has access to unique data that allows us to make both grounded valuations of companies, and forecasts of new markets that help investors evaluate opportunities with leading early-stage businesses.
May 30, 2013
Clean Energy Trends 2013
Clean Energy Trends 2013 Report from Clean Edge, Inc.
From Clean Edge Inc.
Clean Edge, a leading authority on the clean-tech market, released its 12th annual Clean Energy Trends report.
Last year was a challenge for the clean energy sectors. Layoffs, bankruptcies, decreased funding, and politics, beleaguered the industry. This year, politics are in play again; assaults on state-backed renewable portfolio standards are being mounted on several fronts.
There is plenty of good news too however.
The need for clean tech hasn’t gone away however. The world population continues to expand, straining precious resources of clean air and water. Climate change has undoubtedly played a role in an ever increasing number of weather disasters. The Obama administration has redoubled efforts to grow renewable power and energy efficiency. Clean-tech is increasingly competitive in terms of pricing, wind and solar are reaching cost parity in both utility-scale and distributed markets. (more…)
May 2, 2013
National Solar Jobs Census Reveals More Solar Jobs than Texas Ranchers, California Actors
Clean Tech Trends
The Solar Foundation, a 30-year old nonprofit organization, released a special report last year, and an interactive map this month, revealing the nationwide state of solar jobs.
Last year’s National Solar Jobs Census 2012 reported that the U.S. solar industry was employing 119,016 people. This represents 13,872 new solar jobs and a 13.2 percent employment growth rate over the previous year as compared to overall economy growth of only 2.3 percent at best. One in 230 jobs created nationally over the last year was created in the solar industry.
Drawn from Bureau of Labor Statistics, and reported by CNNMoney, apparently there are now more solar workers in Texas than there are ranchers, more solar employees in California than actors, and nationwide more solar workers than coal miners. (more…)
April 25, 2013
Hiring Trends – StartUps Silicon Valley Bank
Tech Needs Talent!
Clean Tech and High Tech Trends
Eighty seven percent of technology startups plan to hire new employees in 2013, which is great news for tech talent. But it means competition for companies trying to attract and retain excellent human capital.
A new report by Silicon Valley Bank shows that in the US, hiring by technology, life science and cleantech companies is up 14% from four years ago when the annual survey began. Software companies plan to do the most hiring, with 90% planning to increase the size of their workforces this year. (more…)
April 18, 2013
Hot Tech Salary and Trend Highlights
Choice Salary Tech Ranges – Info from Robert Half 2013 Technology Salary Guide
from the Robert Half 2013 Technology Salary Guide
“Money may not be all IT employees consider when choosing to join or stay with your firm, but it’s certainly one of their key benchmarks.”
Attracting and retaining top tech talent requires a concerted plan. To attract the best and brightest, companies must be dynamic and growing, and must provide a work environment and benefits that motivate employees.
A lot of leading edge tech companies offer gyms, free healthy lunches, child care, transportation, flextime, work from home, and professional development opportunities in addition to good health insurance, 401Ks, and options. As the market improves, the competition over top talent only becomes more acute. Whether actively looking for new opportunities or not, top talent is being pitched on a consistent basis. In addition to these perks and benefits, your employees are shopping salaries. (more…)
April 4, 2013
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Affordable, Scalable Clean Energy Storage and Reuse
A Revolution for the Hydrogen Economy?
Clean Tech Trends
An exciting new discovery has been made by Canadian scientists that would allow the electrolysis of water for hydrogen generation. The discovery would allow renewable energy to be stored and reused at a cost of 1000 less than technologies previously developed.
One of the biggest impediments to affordable renewable energy use on a mass-scale has been timing. Peak use does not necessarily coincide with peak production of wind and solar energy, and storing the energy has not been an affordable option.
Such energy is clean and renewable, but it’s available only when the sun is shining or the wind is blowing. The new technology opens the door to homeowners and energy companies being able to easily store and reuse solar and wind power.