Technology News for February 2014 and a Look Back at the Previous 5 Februarys
This is my 30,000 foot take a gander at occasions in the ICT business for February 2014.
A Little History of earlier year’s Februarys…
Five years prior in February 2009 the news was ALL about cutbacks and financial vulnerability. Nortel, notwithstanding their cutbacks sold their Alteon resource for under $18 million, which they had purchased for $7 billion nine years already! In February 2010 M&A action was delayed with no enormous purchases. Google purchased Aardvark; Oracle bought several littler elements; IBM purchased a little system programming organization that centers around the telco vertical; and Sybase purchased an organization that has a solid a dependable balance in the money related administrations vertical. There were heaps of signs that the recuperation was in progress and Canada saw some employment development after a time of decrease. February 2011 was another peaceful month for M&A with HP purchasing Vertica; Opentext purchased Metastorm ($182 million); and Rackspace procured Anso Labs. World news was commanded by the well known uprisings in a developing number of nations and the responses of those administrations including the severity of Gaddafi’s Libyan supporters. Two years back, February 2012 was not a blockbuster month for M&A, yet there was some fascinating movement. The greatest arrangement of the month saw Oracle pay $1.9 billion for ability the executives organization Taleo. Siemens Canada paid $440 million for systems administration hardware organization Rugged.com. IBM purchased BYOD organization Worklight; Dell purchased reinforcement and recuperation organization AppAssure; Apple purchased portable inquiry organization Chomp; and LM Ericsson purchased Ottawa based BelAir Networks. A year ago in February 2013 Dell went private in a $24.4 billion arrangement, that incorporated a $2 billion venture by Microsoft. Prophet paid $1.7 billion for systems administration organization Acme Packet Inc.; Rackspace purchased enormous information organization ObjectRocket; Telus was occupied with two acquisitions, electronic clinical records division of the Canadian Medical Association and computerized crime scene investigation organization Digital Wyzdom; HP additionally sold the Palm working framework to LG for their keen TVs.
Which takes us back to the present…
February 2014 saw Facebook make a major move with $16 billion obtaining of Whatsapp, which is likely acceptable valuation news for Blackberry since its BBM item would be an immediate contender. Blackberry anyway had another harsh month when IDC discharged its numbers as the organization’s cell phones represented just 1.9% of offers in Q4 of 2013.
Another organization with large news, despite the fact that not really positive was Sony. They have all the earmarks of being rethinking themselves in their different specialties as they are shutting their eReader store and stripping themselves of their PC division (Vaio).
In other M&A news Comcast is making a $45 billion play for Time Warner Cable; Oracle paid a presumed $400 million for information the executives stage organization Bluekai; LinkedIn paid $120 million for online quest for new employment organization Bright; and Klout was purchased for about $100 million by Lithium Technologies. Google made two or three acquisitions, online extortion organization Spider.io and secure logon organization Slicklogin. IBM is purchasing database as a help organization Cloudant; and Monster purchased two or three organizations, social profile organization Talentbin and employment conglomeration and conveyance innovation organization Gozaic.
Different organizations causing news this month to incorporate Microsoft who declared another CEO, Satya Nadella (who replaces Steve Ballmer) in addition to another Board Chair John Thompson (who replaces Bill Gates). Dell began its new life as a privately owned business with major rebuilding, bringing about likely 15,000 occupation misfortunes. On the uplifting news front, employments creation and framework augmentations in Canada come as new datacenters for Bell Aliant and for Telus.
In reports from different sources Android has about 80% of the versatile OS piece of the pie, with Apple an inaccessible second. Samsung was the predominant handset equipment provider with 32% offer, with Apple second. Apple anyway represented roughly 1/3 of tablet deals in Western Europe a year ago, with Samsung second.
A Cisco study recommends that clients will expand portable information use by a factor of roughly 8 over the coming 5 years… so ensure you have great information plans! The Canadian Federal Government declared a framework venture to place broadband into rustic networks and Gartner reveal to us that IT spending was level year over year, for the thirteenth year straight!
Monetary news was commonly blended, with no significant terrible news and no huge leaps forward. Some activity development in Canada and the US, some positive certainty markers and some not all that great. One investigation appeared to summarize it for me, Careerbuilder found that 58% of managers feel the downturn is as yet waiting!
That is it for my see what was occurring in the innovation space in the course of the most recent month, contrasted with that month in earlier years.
I’ll be back toward the finish of March, up to that point… walk quick and grin!
Kevin Dee is CEO of Eagle Professional Resources Inc. (a Professional Staffing Company)