News from the Nest – IT Edition (December 2015)

December 2015

NEWS from the NEST
IT Edition
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QUARTERLY JOB MARKET UPDATE

The next Quarterly Job Market Update is scheduled for the January 2016 newsletter. Check out the October 2015 newsletter for the most recent update.

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IT Industry News

November 2015 saw a number of smaller M&A deals, but not much in the way of mega-deals. The one billion dollar deal 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 a Canadian telco after paying $465 million for Allstream. Other, smaller deals saw Apple buy Faceshift, a motion capture company whose technology was used in the latest 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 other news this month, if you do not understand the impact of "blockchain" then you should read up on it, a disruptive technology that will impact the financial sector for sure. It was also interesting to see that 2016 is predicted to bring a 30% increase in the number of "things" on the "Internet of Things", making it a $235 billion market next year. November also saw Blackberry take one on the chin in Pakistan and will need to exit that market before year end, otherwise they would need to share user data with the government.

The economy continues to boom in the US, which once again added 200,000+ jobs and saw many positive indicators. Canada meanwhile, added 44,400 jobs but many of them were temporary and related to the election, and so expected to disappear again in December. The oil sector is desperate with continuing layoffs and while some markets are in decent shape, the mood is not great. It remains to be seen what impact our new Federal Government will have.

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Document Meetings... It Saves Grief!

Document Meetings… It Saves Grief!

Too often meetings go undocumented and this results in miscommunication and assumptions. Always document meetings, and save grief!

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The Top 5 Must-Haves in Your LinkedIn Profile

The Top 5 Must-Haves in Your LinkedIn Profile

We asked Eagle’s recruiters which sections they look at on Linkedin profiles before contacting a candidate, and put together this list of Top 5 Must-Haves

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The Role of Women in the Tech Industry Today

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