Tech Trends & Opportunities
Redfish Technology works with some very interesting technology companies, and by virtue of this arena we meet a lot of interesting people. Part of the allure of tech recruiting is the opportunity to be involved with so many exciting people and companies, and typically at especially exciting growth phases in their trajectory.
Semantic technology is a great example. Expert System, a unique big data firm specialized in semantic intelligence technology, is a growth-mode client leading the industry with cutting-edge patented technology that allows for semantic differentiation in big data. Read more »
Tech Trends – eLearning / Ed Tech
Coming to a School Near You
The eLearning or Educational Technology is exploding at the moment and it is easy to understand why.
The Common Core Standards Initiative is standardizing K-12 across much of the U.S. creating tons of new opportunity. “We’re at a tipping point,” says John Krull, the Information Technology Officer of the Oakland Unified School District. “It’s sort of a convergence of common core and technology. Those two things have come together to create all this demand.”
The Government initiatives on education mean money is available. Educational spending by the US government is estimated to hit a trillion dollars in 2014. The ConnectED initiative aims to get next-generation connectivity to 99% of American students within five years, Read more »
Playing Around with Technology
Technology has taken art, social, and entertainment to all kinds of new levels that we never imagined possible just a few short years ago! Here are some favorites.
Engage with your Favorite Musicians
Some really fun social media platforms out there are near and dear to our hearts. BandPage is one of them! This company is unlocking new opportunities for the music industry by connecting musicians, fans and partners on a single platform. From Alicia Keys and Beyonce to Stone Foxes and Usher, more than 500,000 musicians use this company’s platform to create amazing interactions between artists and their fans, building deeper relationships between them. From interviewing your favorite musician to singing with them onstage, bands offer up a variety of experiences, BandPage help musicians create new revenue streams and drive higher fan engagement. The platform allows musicians to upload their profile, bio, pictures, videos, tracks and tour dates – and then update that information across the social web. Read more »
Tech Industry Average Annual Wages
While real wages may be down 8% in the US since 2006, the tech industry paid an annual average wage of $93,800 in 2012, which is 98% more than the average private sector wage of $47,400. And California tech workers earn the highest average annual wage of $123,900, according to the TechAmerica Foundation.
Software Services Leading
The Cyberstates 2013 Key Findings include that the software services sector grew by 63,900 jobs in 2012, a 3.5 percent increase. Leading the way in high-tech employment was California (968,800), Texas (485,600), New York (318,200), Virginia (285,400 – 9.8% of with private sector workforce), and Florida (270,900). Read more »
Searching, Shopping, Traveling, Hailing a Cab, Making Friends, … there’s an App for that!
Like AdTech, Location Based Social (LBS) technology is all about pinpointing the right person at the right time, and exactly in the right location. And the LBS market is growing strongly, now in its third generation.
The emerging LBS services will be: retail/shopping, ambient intelligence, hyperlocal social, personal asset tracking, and Bluetooth enabled beacon applications. Expanded beyond navigation and dedicated applications to encapsulate a large range of general consumer and commercial services, ABI Research believes that the market is ready to truly support location based advertising efforts. In fact ABI forecasts a four-fold increase in revenues by 2019.
Here are just a few of the fun LBS companies out there and what they’re up to. Read more »
AdTech Companies are Hot!
Ad technology companies are hot, with some selling for as much as eight times what they earn before taxes. With the massive migration to mobile, there’s a particular run on mobile adtech firms.
Adtech merger and acquisition activity was furious in 2011 (60 deals valued at a total of $4.5 billion according to investment bank Coady Diemar Read more »
The word “cloud” itself implies something intangible, ever changing and, in fact, dreamlike. Where cloud tech is concerned, the combination of the fact that it’s relatively new, as least as product, and that it does entail relinquishing some control in some regards might be putting some business off. Read more »
Crowdfunding Industry Disruption
At a size estimated to be between nearly $4 billion and some estimates indicate up to $300 billion, the crowdfunding market is a game-changer. Innovative companies are using crowdfunding for new ways to self-finance of course.
Peer-to-peer lending platforms such as Prosper, Lending Club and Funding Circle are also providing consumer and small business credit where banks and other institutions are no longer taking as active a role. Read more »
Innovative Heath Tech companies provide exciting new applications of technology for our health.
Technology in healthcare is exploding, especially remote monitoring technology, mobile devices, social engagement applications. It is estimated that the market for mHealth app services will reach $26 billion by 2017 according to Research2Guidance, a mobile research company. The use of mobile healthcare technology is being embraced by consumers and healthcare professionals alike.
Mobile Devices / Wearables
Jawbone and Fitbit are examples of cool companies that have created a variety of wearable Read more »
Overall salaries have risen over the last year as the economy makes slow but steady gains. Two of the main tech industry surveys report on salaries, raises, skills, and more.
U.S. tech salaries had an average increase of nearly 3% to $87,811 in 2013, up from $85,619 the previous year according to the Dice Salary Survey – that increase was less than the 5.3% jump the prior year.
The Dice report also shows that tech powered companies are nervous as compensation satisfaction slips. The recovering economy has tech candidates very confident, with low unemployment rates in tech sectors, the job market is good and employers recognize that talent reward goes along with talent retention. Read more »