From News 8 Austin, October 28, 2008...
A massive crash in a state computer system that destroyed thousands of the attorney general's confidential documents reportedly didn't come without warning.
Records show that more than 10 agencies complained about network breakdowns and server backup problems with the newly expanded outsourcing of computer services.
A review by The Dallas Morning News of a year's worth of state agency report cards for IBM shows several agencies' documents have been endangered.
Read more...
Friday, October 31, 2008
Austin companies dominate Deloitte Fast 50 list
From Austin Business Journal, October 31, 2008...
Fourteen Austin companies are on a list of fastest growing tech companies in Texas compiled by Deloitte & Touche LLP.
The annual Tech Fast 50 list ranks both public and private companies based on five-year percentage revenue growth. Austin had more companies on the list than any other Texas city. OraMetrix, Inc., of Richardson took the No. 1 spot.
The local companies on the list along with their five-year percentage growth rate are:
Zebra Imaging, 8,515 percent
Anue Systems, 2,261 percent
Zilliant Inc., 1,497 percent
Surgient Inc., 1,138 percent
Convio Inc., 707 percent
NetQos, 671 percent
Perficient Inc., 623 percent
Valence Technology Inc., 552 percent
Medical Present Value Inc., 440 percent
SolarWinds Inc., 311 percent
Troux Technologies Inc., 307 percent
VI Technology Inc., 264 percent
QuickArrow Inc., 248 percent
QuantimDigital Inc., 187 percent
Read more...
Fourteen Austin companies are on a list of fastest growing tech companies in Texas compiled by Deloitte & Touche LLP.
The annual Tech Fast 50 list ranks both public and private companies based on five-year percentage revenue growth. Austin had more companies on the list than any other Texas city. OraMetrix, Inc., of Richardson took the No. 1 spot.
The local companies on the list along with their five-year percentage growth rate are:
Zebra Imaging, 8,515 percent
Anue Systems, 2,261 percent
Zilliant Inc., 1,497 percent
Surgient Inc., 1,138 percent
Convio Inc., 707 percent
NetQos, 671 percent
Perficient Inc., 623 percent
Valence Technology Inc., 552 percent
Medical Present Value Inc., 440 percent
SolarWinds Inc., 311 percent
Troux Technologies Inc., 307 percent
VI Technology Inc., 264 percent
QuickArrow Inc., 248 percent
QuantimDigital Inc., 187 percent
Read more...
Freescale to cut its worldwide work force
From statesman, October 31, 2008...
Austin's Freescale Semiconductor said Thursday that it intends to cut its worldwide work force by at least 10 percent over the next year as it reacts to a weakening global economy and its impending exit from making chips for cell phones.
Read more...
Austin's Freescale Semiconductor said Thursday that it intends to cut its worldwide work force by at least 10 percent over the next year as it reacts to a weakening global economy and its impending exit from making chips for cell phones.
Read more...
Is eZee Dead?
From Austin Startup, October 31, 2008...
We’ve been hearing rumors that eZee, one of the Austin Emerging 100 and a member of the Austin Technology Incubator, is ceasing operations. Nothing has been confirmed yet, but we’ll keep you posted if we hear something official.
Read more...
We’ve been hearing rumors that eZee, one of the Austin Emerging 100 and a member of the Austin Technology Incubator, is ceasing operations. Nothing has been confirmed yet, but we’ll keep you posted if we hear something official.
Read more...
Job Radio
Internet radio now has a unique new channel for job seekers and career advice professionals called JobRadio.fm. The new channel features a wide variety of news, guests, and information, as well as career advice and jobs. The station, a joint venture of veteran podcasters Chris Russell (Jobs in Pods) and Peter Clayton (Total Picture Radio), is sponsored exclusively by the job search engine SimplyHired.
Monday, October 27, 2008
A 100-day plan for your new job
From Computerworld, October 27, 2008...
C-level execs aren't the only ones who should plan their first months in a new position.
Read more...
C-level execs aren't the only ones who should plan their first months in a new position.
Read more...
Economy puts IT in penny-pinching mode
From Computerworld, October 27, 2008...
Some technologies (think SaaS) may see increased use because of the downturn. But for many IT execs, scrimping on spending is now the order of the day.
Read more...
Some technologies (think SaaS) may see increased use because of the downturn. But for many IT execs, scrimping on spending is now the order of the day.
Read more...
Wednesday, October 22, 2008
Austin's strong economy lures recruiters
From News 8 Austin, October 16, 2008...
Engineering and technical corporations from Huntsville, Ala. brought thousands of jobs to Austin Thursday.
Huntsville Chamber of Commerce representative Lucia Cape said they love Austin.
"We're thrilled to be in Austin, and we look forward to taking alittle bit back home with us," she said.
By a "little bit" she means offering up thousands of jobs.
Read more...
Engineering and technical corporations from Huntsville, Ala. brought thousands of jobs to Austin Thursday.
Huntsville Chamber of Commerce representative Lucia Cape said they love Austin.
"We're thrilled to be in Austin, and we look forward to taking alittle bit back home with us," she said.
By a "little bit" she means offering up thousands of jobs.
Read more...
Austin Wages Average $19.92/hour
From KVUE, October 1, 2008...
Ever wonder how much money your co-workers make?
A new survey from the U.S. Department of Labor shows the average worker in the Austin area earned an average of $19.92 an hour. Data was collected from a wide variety of occupational groups.
Some of the highest paid workers were computer and software engineers, making $43.03 an hour.
Read more...
Ever wonder how much money your co-workers make?
A new survey from the U.S. Department of Labor shows the average worker in the Austin area earned an average of $19.92 an hour. Data was collected from a wide variety of occupational groups.
Some of the highest paid workers were computer and software engineers, making $43.03 an hour.
Read more...
Tech layoffs: The scorecard (updated)
From CNET, October 21, 2008...
With the overall economy slumping, the tech industry is taking its fair share of hits. We'll keep updating the chart below as news of company changes comes in. See our complete coverage of how the tech sector is faring here: Tough times for tech.
Read more...
With the overall economy slumping, the tech industry is taking its fair share of hits. We'll keep updating the chart below as news of company changes comes in. See our complete coverage of how the tech sector is faring here: Tough times for tech.
Read more...
Tuesday, October 21, 2008
The IT worker's Wall Street meltdown worry list
From Computerworld, October 3, 2008...
The only thing that seems clear today is that the U.S. is in a recession and possibly a bad one. No one is certain what will happen next. Events are changing almost by the hour. How much help will a federal bailout deliver to the nation's financial system, which has been hard-hit by the downturn? Will more financial institutions collapse, and how far down will the stock market go? Will you have a job?
What follows is a summary, in the form of an FAQ, about what we know so far about the impact of this crisis on one of the most important of areas in tech, namely, your job.
Read more...
The only thing that seems clear today is that the U.S. is in a recession and possibly a bad one. No one is certain what will happen next. Events are changing almost by the hour. How much help will a federal bailout deliver to the nation's financial system, which has been hard-hit by the downturn? Will more financial institutions collapse, and how far down will the stock market go? Will you have a job?
What follows is a summary, in the form of an FAQ, about what we know so far about the impact of this crisis on one of the most important of areas in tech, namely, your job.
Read more...
The trouble with telecommuting
From Computerworld, October 13, 2008...
Telework can change office dynamics in ways you hadn't anticipated. Here are six questions to ask before you say yes.
Read more...
Telework can change office dynamics in ways you hadn't anticipated. Here are six questions to ask before you say yes.
Read more...
Career Watch: What the financial crisis could mean for IT pros
From Computerworld, October 20, 2008...
David Foote, CEO and chief research officer at IT workforce research consultancy Foote Partners LLC evaluates the fallout from the turmoil in the financial sector.
How many IT pros have lost or are in serious danger of losing their jobs because of the Wall Street upheaval? People lose or quit their jobs for all sorts of reasons, so estimating how many have or will become unemployed based just on the turmoil in the financial services sector is tricky. But compared to overall direct job losses, only a small portion will be IT workers.
That's encouraging. In general, how will IT jobs be affected? Clearly, the pressure on corporate expenses has gotten more acute, especially in the banking and financial services, auto, airlines, and housing industries. Bank of America and the other beneficiaries in the recent investment bank acquisitions will of course be consolidating operations and analyzing their IT workforce bloat, with labor reductions expected further down the road. Embattled Wall Street firms will start high, shedding high-salaried, midlevel IT management first, and fast. But in their general IT populations, there are such rich skill sets. I think many IT pros, if cut, will find new jobs, though at a lower salary, in a different industry and maybe not locally.
Read more...
David Foote, CEO and chief research officer at IT workforce research consultancy Foote Partners LLC evaluates the fallout from the turmoil in the financial sector.
How many IT pros have lost or are in serious danger of losing their jobs because of the Wall Street upheaval? People lose or quit their jobs for all sorts of reasons, so estimating how many have or will become unemployed based just on the turmoil in the financial services sector is tricky. But compared to overall direct job losses, only a small portion will be IT workers.
That's encouraging. In general, how will IT jobs be affected? Clearly, the pressure on corporate expenses has gotten more acute, especially in the banking and financial services, auto, airlines, and housing industries. Bank of America and the other beneficiaries in the recent investment bank acquisitions will of course be consolidating operations and analyzing their IT workforce bloat, with labor reductions expected further down the road. Embattled Wall Street firms will start high, shedding high-salaried, midlevel IT management first, and fast. But in their general IT populations, there are such rich skill sets. I think many IT pros, if cut, will find new jobs, though at a lower salary, in a different industry and maybe not locally.
Read more...
Venture capital investment in Austin drops 62%
From Austin Business Journal, October 20, 2008...
Venture capital investment in the Austin market has slowed considerably in the last year, new data shows.
Venture capital firms invested just under $84 million in 17 deals during the third quarter, down 62 percent from the $224 million invested in 21 deals in third-quarter 2007, according to The MoneyTree Report from Pricewaterhouse Coopers and the National Venture Capital Association. The report is based on data from Thomson Reuters.
During the third quarter, Challenge Online Games Inc. was the biggest recipient of VC funds in Austin with $14.6 million through two separate deals. Nuventix Inc. got the largest single infusion of $14 million.
Read more...
Venture capital investment in the Austin market has slowed considerably in the last year, new data shows.
Venture capital firms invested just under $84 million in 17 deals during the third quarter, down 62 percent from the $224 million invested in 21 deals in third-quarter 2007, according to The MoneyTree Report from Pricewaterhouse Coopers and the National Venture Capital Association. The report is based on data from Thomson Reuters.
During the third quarter, Challenge Online Games Inc. was the biggest recipient of VC funds in Austin with $14.6 million through two separate deals. Nuventix Inc. got the largest single infusion of $14 million.
Read more...
Economy not bringing down Texas workers, report says
From Austin Business Journal, October 17, 2008...
Texas employee confidence in the economy remained steady in September despite the recent financial crisis, according to the monthly Spherion Employment Report.
Thirty-seven percent of Texas workers said they believed the job market was steady, up from 25 percent in August.
The report also found that fewer workers — 28 percent — responded that they were going to look for jobs over the next year, compared with 39 percent in August.
Read more...
Texas employee confidence in the economy remained steady in September despite the recent financial crisis, according to the monthly Spherion Employment Report.
Thirty-seven percent of Texas workers said they believed the job market was steady, up from 25 percent in August.
The report also found that fewer workers — 28 percent — responded that they were going to look for jobs over the next year, compared with 39 percent in August.
Read more...
ITT Tech adds new degree programs in Austin
From Austin Business Journal, October 17, 2008...
ITT Technical Institute is offering its first bachelor’s degree programs at its seven Texas locations, including the one in Austin.
The Carmel, Ind.-based career study program operator is adding bachelor of science degrees in construction management, electronics and communications engineering technology, and information systems security.
The Austin campus is located at 6330 U.S. Highway 290.
Read more...
ITT Technical Institute is offering its first bachelor’s degree programs at its seven Texas locations, including the one in Austin.
The Carmel, Ind.-based career study program operator is adding bachelor of science degrees in construction management, electronics and communications engineering technology, and information systems security.
The Austin campus is located at 6330 U.S. Highway 290.
Read more...
Survey: Tech companies cutting forecasts
From Austin Business Journal, October 21, 2008...
Revenue forecasts are being reduced by 66 percent of technology companies, and almost 50 percent of venture capital executives believe the current financial crisis is worse than the tech bubble crash of 2000, according to a survey released Tuesday by DLA Piper law firm.
More than half of respondents (55 percent) believe the stagnant IPO market will not begin to rebound until 2010 or later, the survey shows.
Nevertheless, there's some optimism, with clean technology being seen as a bright spot in the bleak economic picture and 55 percent of respondents saying the U.S. will lead in producing the next generation of leapfrog technologies in the coming decade
Read more...
Revenue forecasts are being reduced by 66 percent of technology companies, and almost 50 percent of venture capital executives believe the current financial crisis is worse than the tech bubble crash of 2000, according to a survey released Tuesday by DLA Piper law firm.
More than half of respondents (55 percent) believe the stagnant IPO market will not begin to rebound until 2010 or later, the survey shows.
Nevertheless, there's some optimism, with clean technology being seen as a bright spot in the bleak economic picture and 55 percent of respondents saying the U.S. will lead in producing the next generation of leapfrog technologies in the coming decade
Read more...
Monday, October 6, 2008
The IT worker's Wall Street meltdown worry list
From Computerworld, October 3, 2008...
The only thing that seems clear today is that the U.S. is in a recession and possibly a bad one. No one is certain what will happen next. Events are changing almost by the hour. How much help will a federal bailout deliver to the nation's financial system, which has been hard-hit by the downturn? Will more financial institutions collapse, and how far down will the stock market go? Will you have a job?
What follows is a summary, in the form of an FAQ, about what we know so far about the impact of this crisis on one of the most important of areas in tech, namely, your job.
Read more...
The only thing that seems clear today is that the U.S. is in a recession and possibly a bad one. No one is certain what will happen next. Events are changing almost by the hour. How much help will a federal bailout deliver to the nation's financial system, which has been hard-hit by the downturn? Will more financial institutions collapse, and how far down will the stock market go? Will you have a job?
What follows is a summary, in the form of an FAQ, about what we know so far about the impact of this crisis on one of the most important of areas in tech, namely, your job.
Read more...
Big Tech Prepares for Big Layoffs
From Seeking Alpha, October 5, 2008...
Silicon Valley is seeing pink. Hit by turmoil in the financial markets, general economic decline, and slowing sales, the tech sector is expected to follow Wall Street with its own mass layoffs.
Rumors abound that AT&T (T), Yahoo (YHOO), and eBay (EBAY) will together release thousands of workers into the unemployment pool. Those will add to the mounting figures: Earlier this year, Sun Microsystems (SUNW)let up to 2,500 employees go; Nortel (NT) is cutting 2,100 jobs; Hewlett-Packard (HPQ) will reduce staff by nearly 25,000 following its acquisition of Electronic Data Systems; and even Google (GOOG) got into the game with the shedding of 300 jobs at DoubleClick.
According to the San Jose Mercury News, there are around 1,417,000 people out of work in California alone. That's up 413,000 from this time last year.
Read more...
Silicon Valley is seeing pink. Hit by turmoil in the financial markets, general economic decline, and slowing sales, the tech sector is expected to follow Wall Street with its own mass layoffs.
Rumors abound that AT&T (T), Yahoo (YHOO), and eBay (EBAY) will together release thousands of workers into the unemployment pool. Those will add to the mounting figures: Earlier this year, Sun Microsystems (SUNW)let up to 2,500 employees go; Nortel (NT) is cutting 2,100 jobs; Hewlett-Packard (HPQ) will reduce staff by nearly 25,000 following its acquisition of Electronic Data Systems; and even Google (GOOG) got into the game with the shedding of 300 jobs at DoubleClick.
According to the San Jose Mercury News, there are around 1,417,000 people out of work in California alone. That's up 413,000 from this time last year.
Read more...
Saturday, October 4, 2008
Silicon Hills
Here is a depiction of the area's tech companies and where they are located. Click on the image for a larger view.
Subscribe to:
Posts (Atom)
Posts
