October 10, 2013

Tech Trends – Tech Deal Volume Down, M&A Activity Improving; IT Jobs Increasing

Tech Deal Volume Down, M&A Activity Improving; IT Jobs Increasing

Image courtesy of KROMKRATHOG at FreeDigitalPhotos.net ID-100197241

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…)

Share

August 22, 2013

Tech Trends – The Software Industry

Tech Trends – The Software Industry

Saas Job Trends graph

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…)

Share

September 25, 2012

February 9, 2012

IT Trends: Employment at an All-Time High

IT Trends:

Employment at an All-Time High

“IT employment has surpassed its previous all-time high—an encouraging sign not only for the IT services industry, but the economy at-large,” stated Mark Roberts, CEO of TechServe Alliance. “Given strong demand for IT talent, high wages these professionals command and the benefits of IT to the broader economy, policymakers should do all they can to create an environment which encourages such work to be performed in the United States,” added Roberts.

TechServe Alliance reports that IT jobs reached the high at 4,107,700 adding 13,300 jobs in January, a monthly record that surpasses the previous all-time high set in September 2008 when IT employment reached 4,088,600. According to revised BLS numbers, IT employment grew by 3.4% in 2011 (compared to 1.5% in 2010).

Forrester Research reports that U.S. companies are choosing to invest in technology, translating to additional hiring by US tech vendors, especially software and IT services companies. While tech is having a positive impact overall on employment, there are at times a shortage of qualified candidates, a recruiting challenge for software and IT services companies.

U.S. tech market was weaker in 2011 than anticipated, and 2012 is thought to be about the same with forecasts for growth in IT goods at 6.8% and services by 6.6% annually; contrast that however with the general GDP, and the growth looks good. Other slower growth sectors are predicted to be hardware and telecom services vendors. Software is predicted to be up slightly, IT consulting and systems integration vendors should have above-average growth, and cloud and smart computing solution vendors are anticipated to outperform.

The CompStudy survey meanwhile shows that executive compensation has remained flat through 2011 among privately-held life sciences companies. Privately-held technology sector companies however saw increases in salary.

The CompStudy survey highlights the mean base salaries of Technology CEOs by sector in 2011:

Software: $204,800
Communications: $211,700
Hardware/Semiconductors: $197,900
IT Services/Consulting: $234,500
Digital Media/Content/Information: $203,200
Cleantech: $215,600

 

Share

January 31, 2012

Older Posts »

142 N. Milpitas Blvd. Milpitas, CA 95035, 408-475-8260 • 360 Thames Street Newport, RI 02840, 401-398-2929 • 416 S. Main Street Hailey, ID 83333, 208-788-8260


Login