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Archive: July - 2013 (5)

  • Jobspring Partners' Weekly Market Knowledge Report

    Every Monday in our Jobspring offices around the country, the recruiters participate in “Market Knowledge” – a chance to share articles to inform the office about what is going on in the tech markets in our cities. Since we find this knowledge share so useful, we thought that we could start sharing some of these articles with our blog readers! So here are the articles that our cities found the most useful and informative this week:

    Boston

    Bay Area Tech Wages Are The Nation’s Highest at $123K, But Should Entrepreneurs Look Elsewhere As Costs Rise? (TechCrunch)

    The SF Bay Area holds claim to the highest tech wages but due to the high cost of living, that may not be enough to sell emerging entrepreneurs—who many expect will opt for locations where more bang for their buck is the name of the game.

    Submitted by: Shane Tomlinson

    Snapshots for fun – and profit  (The Boston Herald)

    Thanks to three Boston locals we can start getting paid for the amazing photos we capture on our camera phones.

    Submitted by: Andrew Baker

    Chicago

    iOS continues to top Android in mobile Web traffic  (CNET)

    For the third week of July, iOS grabbed 63 percent of the traffic across 70 mobile Web sites, while Android scooped up 28 percent.

    Submitted by: Lauren Rice

    9 Low-to-No Cost Marketing Tips for Startups  (Tech Cocktail)

    Great marketing tips that don’t cost that much money.

    Submitted by: Lindsey Jefferson

    Los Angeles

    Netflix says it will produce original documentaries, stand-up comedy specials  (The Verge)

    Netflix plans to produce full-length documentaries and comedy shows for its streaming customers.

    Submitted By: Joe Vassel

    How to Block the Royal Baby News on Facebook, Twitter  (ABC News)

    Could you care less about the Royal Baby? Then you need to read up on this…

    Submitted By: Matt Devine

    Orange County

    Long Beach tech intends to create an environment for creativity, entrepreneurial growth  (Long Beach Business Journal)

    Long Beach group that is starting up and growing. Trying to bring the tech community together, and bring more tech jobs to Long Beach.

    Submitted by:  Simon Asraf

    Southern California Firms Get $587.0M In Venture Capital In Q2  (SoCalTech)

    Southern California companies received over $580 million in venture capitalist funding in Q2. Orange County specifically received $160 million dollars in Q2

    Submitted by:  Simon Asraf

    San Francisco

    30 Important Women 30 or Under in Tech  (Business Insider)

    Young Women breaking through as leaders in the Tech Industry – CEOs, Founders, Venture Capitalists.

    Submitted by: Melissa Tobia

    Facial Recognition Technology recognizes Celebrities  (CNET)

    New technology NEC software can identify celebrities and other glam customers in real time and send an alert to retail or hospitality personnel that someone is in immediate need of doting service.

    Submitted by: Ciara Ormsby

    Silicon Valley

    Withings Pulse Review is a Step Closer to Activity Tracker Perfection  (Techcrunch)

    So Pulse is an activity tracker that can track steps walked, distance travelled, calories burned and can also check your pulse. The cool thing is that you don’t have to wear it on your wrist! You can keep it in your pocket!

    Submitted by Leah Evans

    Why the Biggest Obstacle for Elon Musk’s Hyperloop Might Be Tunnels  (Paleofuture)

    Elon Musk drops hints of revealing hyperloop designs on August 13th.

    Submitted by Andy Lee

    Toronto

    Apple buys Canadian big data start-up Locationary  (Chicago Tribune)

    The Cupertino, Calif., tech giant has acquired the team and technology of Toronto-based Locationary, according to a report by All Things D.

    Submitted by:  Kelly Banser

     

    Don't see something on this list that you read about recently?  Comment below and share market information that's a must know!

  • Jobspring Partners' Weekly Market Knowledge Report

    Every Monday in our Jobspring offices around the country, the recruiters participate in “Market Knowledge” – a chance to share articles to inform the office about what is going on in the tech markets in our cities. Since we find this knowledge share so useful, we thought that we could start sharing some of these articles with our blog readers! So here are the articles that our cities found the most useful and informative:

    Boston

    Mark43 raises $1.95M for software to bring police into the 21st century  (Boston Business Journal)

    Mark43, formerly known as Nucleik, is using the money won from the Harvard University President’s Challenge entrepreneur competition to create an app that will help police track data more efficiently than the current system that’s in place.

    Submitted by: Samantha Schoeneberger

    Yottaa, Going the Last Mile in Mobile, Lands $16M More in VC  (Xconomy)

    Yottaa has finally received what many say is the last push they need in VC funding before becoming a true industry leader.

    Submitted by: Andrew Baker

    Chicago

    Yelp launches food delivery and pickup service  (Chicago Tribune)

    Review site Yelp Inc. is allowing users to order food online for delivery and pickup, partnering with businesses such as Eat24 and Delivery.com.

    Submitted by: Katelyn King

    Startup Institute Launches a Startup School in Chicago  (Tech Cocktail)

    Today, Startup Institute announced its expansion to Chicago with an 8 week startup course, joining markets like New York and Boston.

    Submitted by:  Lauren Rice

    Los Angeles

    How Mark Suster became a go-to guy for tech start-ups  (LA Times)

    Mark Suster, managing partner at venture capital firm Upfront Ventures, is a big proponent of L.A.'s growing tech scene. Here's his career path and some advice.

    Submitted By: Jenna Passin

    The Quirkiest Tech of 2013(Tech News Daily)

    This article shares some of the most unusual tech gadgets of 2013.

    Submitted By: Sam Shaw

    New York

    City's financial-tech startups raise record sum (Crains New York)

    Silicon Alley is extending to Wall Street as financial-technology investment reaches an all-time high in New York City.

    Submitted by:  Alexandra Layman

    Shapeways CEO: 3D Printing Can Fully Disrupt Views on Manufacturing (Xconomy)

    Shapeways, a 3D printing company, talks about the possibilities 3D printing will bring to the economy.

    Submitted by:  Rory Smith

    Orange County

    Payoff.com Gets $4.5M More For Online Personal Finance Tools (SoCalTech)

    Payoff.com is a free online service based in Long Beach, CA that helps people reach their financial goals and pay off their debt using online rewards, peer pressure and social tools, with the ultimate goal of building better, life-long financial habits.

    Submitted by: Asha Vaswani

    Hubber Launches Peer-to-Peer Car Rentals at LAX (SoCalTech)

    A new, Los Angeles startup, Hubber, has just launched a new service which turns your car into a cash cow for travelers--instead of a cash sink--by letting people rent out their cars from a parking lot at LAX

    Submitted by: Asha Vaswani

    San Francisco

    Y Combinator-Backed SpoonRocket Delivers Healthy Gourmet Meals To Users For Just $6 Each (TechCrunch)

    SpoonRocket seeks to provide ultra-cheap gourmet meals that can be delivered within minutes of ordering them – alternative to fast food and cooking at home.

    Submitted by: Wyatt Leedy

    CrunchBase And AngelList Have A Partnership (TechCrunch)

    Time saving partnership between CrunchBase and AngelList to sync your information.

    Submitted by: Caitlin Van Horn

     

    Silicon Valley

    IT Employment Hits New All Time High  (Silicon Valley Business Journal)

    It’s a candidates market and a great time to be in technology! According to statistics, about 4.5 million Americans currently work in tech which is a 5.7% increase from this time last year.

    Submitted by:  Shana Cohen

    Tinder Officially Arrives on Android  (techcrunch)

    Tinder is now available on multiple platforms (not just the iPhone).

    Submitted by Justin Jewett

     

    Don't see something on this list that you read about recently?  Comment below and share market information that's a must know!

  • A Hammer is to Nails as Cloud computing is to…?

    By: Mark Eisenberg, Cloud Visionary and Former Member of Windows Azure Sales Team

    A Hammer is to Nails as Cloud computing is to…?

    a) Cost reduction

        b)    Fast time to market

     c)      Problems of scale

        Full disclosure – I cheated. I could have given you option (d) all of the above. Read on to see why that is not the best answer. 

    If you’ve been listening to all of the buzz about cloud computing, you might think the correct answer is (a). The question you have to ask when considering whether the cloud will reduce your costs is “compared to what?” Human resources and process are more fundamental to the cost of IT operations than are the infrastructure itself. And even if the analysis yields a result that indicates that moving to a hosted solution makes sense, it may still be the case that traditional outsourcing solutions are more cost effective.

    Similarly, while there is much talk about how quickly infrastructure can be provisioned in the cloud, that part of the application development and deployment process is, in reality, minor. The real challenge most organizations face is the sheer burden of their own processes. And as with the cost discussion, there are many traditional outsourcing providers that allow infrastructure to be provisioned rapidly.

    Cloud computing does not uniquely solve problems of cost or agility. And if a technology is not bringing something new to the table, why discuss it? Let’s talk about the unique value cloud computing brings to the conversation. Mainly answer (c), as cloud computing is to problems of scale.

    What is meant by “problems of scale”? Until the rise of the World Wide Web, enterprise applications defined large scale. It’s almost quaint to think of how those were ever considered big problems by today’s standards. Customers were measured in thousands and transactions in millions. Compare that to the task Google set for itself of examining and indexing every word in every page on the internet. This introduced the concept of “web scale”. Netflix is another example of a web scale application. But scaled in a different direction. Rather than Google’s massive number of small data points that are collected and searched in seconds, Netflix stores a relatively modest number of video files, but those files are very large and need to be streamed on demand to a large number of users over a large geography. Google’s scale is about storage and compute.  Netflix is about storage and geography with tight latency requirements.

    In addition to the scale of the resources themselves, the cloud also helps address another variable: time. Time as in the application requires different amounts of resource at different points in time. And how predictable is that need? Most large enterprises struggle with what is referred to as “capacity and characterization”. In other words, how much do we need and when do we need it? Imagine the complexity of that problem at web scale. There are cases where the resource requirement is understood, but it is periodic. We need it for five hours five days a week. We need it for two hundred hours once a quarter. Traditionally, this meant having a tremendous amount of idle infrastructure to support these workloads. The cloud enables the sharing of resources.

    Other applications suffer from a lack of predictability by their very nature. Ecommerce companies know that at certain times of year there will be a significant increase in demand. While experience tells them something about the when, it tells them very little about the how much. Other applications like the delivery of weather forecast data or news information suffer from both a lack of predictability in time and scope. This leads to an even higher level of inefficient utilization or a failure to properly deliver the expected user experience. All of these outward facing scenarios represent significant economic risk to an organization as disappointed consumers are poor candidates for return engagements.

    Cloud computing provides the first economically viable solution to these large scale problems. Just as the PC enabled many workloads that were simply impractical when computing horsepower was being doled out in units labeled ‘mainframe’ and ‘mini-computer’ with price tags measured in millions and tens of thousands, we now have the opportunity for organizations of all sizes to practically tackle these problems. It is no coincidence that two of the most significant internet age companies, Google and Amazon, are also leading cloud computing providers. Those companies would not exist without the technology that is cloud computing.

  • Recruiting for Tech In Chicago

    timprofessionalArticle by Tim Yandel, Regional Manager at Jobspring Partners: Chicago

    I thought I’d share a little bit about my experience recruiting in Chicago. Most of this is taken from a presentation I gave to budding entrepreneurs at 1871.

    The Chicago Tech Scene is…

    The Chicago Tech Scene is incredibly dispersed throughout many industries and everyone’s hiring. In fact, according to the Silicon Valley Bank, 90% of Software companies nationwide say they will be hiring for developers in 2013. A few other points include:

    So how do you stand apart and recruit top technical talent with all of this competition? First, let me just guess who you’re looking for without the buzz words for a second.

    • Someone young and hard working.
    • Someone who is incredibly smart and can adapt easily to new situations.
    • Someone who can relate to business users as well as technical people.
    • Someone who is passionate about technology and is proactively involved in the tech community.
    • Someone who would does this for fun and happens to get paid for it.
    • Someone who is motivated to be a part of a team.
    • Someone who wants to build something cool and challenging.

    Now let’s throw in those buzz words that you’re looking for as well.

    If you’re PHP you want:

    • Drupal 7, Zend, Object-Orientated Javascript, HTML5, CSS3

    If you’re RoR you want:

    • Object orientated coding experience, Rails 3.2, Cucumber, Rspec, Shoulda, CouchDB, MongoDB , Reddis, Git

    If you’re .NET you want:

    • C#, ASP.NET MVC 3/4, Telerik controls, jQuery, Javascript, JSON, LINQ, SSIS, SQL2K8 R2

    If you’re Java you want:

    • J2EE, Spring MVC, Lucene, Hadoop, Groovy on Grails, JSP, Javascript, jQuery

    Now let’s talk money, because after all, you may offer a cool collaborative environment but if you aren’t competitive with the market, you’re asking people to hold out on the hope of making it big. Basically the same thing every broke entrepreneur is telling the same developers. Let’s start out with the basic developer salaries without all of the latest and greatest technology.

     PHP Developer Salaries

    • 1 – 3 years of experience: $60K – $80K
    • 3 – 5 years of experience: $80K – $110K
    • 5+ years (with an O.O. background): $115K – $130K

    Front End Developer Salaries

    • 1 – 3 years of experience: $50K – $70K
    • 3 – 5 years of experience: $65K – $85K
    • 5+ years: $80K – $110K

    Ruby on Rails Developer Salaries

    • 1 – 3 years of experience with stability: $65K – $80K
    • 3+ years experience with stability: $70K – $110K

    Java Developer Salaries

    • 1 -3 years of experience: $60K – $80K
    • 3 -5 years of experience: $85K – $95K
    • 5years plus: $90K – 110K
    • 7+ years (Architect level): $105K – $135K

    .NET Developer Salaries

    • 1 -3 years of experience: $60K – $75K
    • 3 -5 years of experience:$70K – $95K
    • 5 years plus: $90K – 110K
    • 7+ years (Architect level): $105K – $135K

    Let’s talk about what the latest technology will cost you.

    The average salary for a junior / entry level (0-2 years) developer with an above average CS degree (think a Big Ten school) is: $55K – $65K. If you get someone with an elite education than they can pretty much write their own ticket.

    • Add in modern development languages such as object orientated PHP, RoR, Java or C# you can add $5K
    • Add modern web development frameworks we spoke about (Drupal, Cake PHP, MVC) you can add another $5K
    • For every 2 years of experience you add $5K
    • Now add someone with the soft skills you’re looking for and you can bump another $5K on top
    • That’s now $70K – $80K for a 0-2 year person and $85K – $95K for a 6-8 year developer with a decent degree

    This is starting to add up, right? Especially for entrepreneurs that are trying to bootstrap their start up and make things happen. Well, before you give up hope, I think you’re in great shape because the way you should always hire is to hire with an eye for potential. Yes, that’s right, hire someone without the skills.

  • The Need for Decisiveness

    Article by Ben Eisenberg, Lead Recruiter at Jobspring Partners: Washington DC. 

    Let’s face it. Finding and attracting the top developers and engineers in IT is difficult. To begin with, good IT people are scarce, which explains why there are thousands of IT recruiting agencies in business. However, some hiring managers may have been spoiled during the recession when it was largely a hiring manager’s market. Lots of qualified resumes sat on the job boards for weeks on end. Qualified jobseekers poured in by the bucket when companies posted an ad. 

    The IT professional market, much like the stock market, constantly ebbs and flows. One year, the supply of IT candidates can outpace demand, which was the case from 2008-2010. Just as suddenly, the tables can turn. With the recession all but over in the major technology hotbeds around the country, the job market has shifted and people have more options than they have had in years. Simply put, there are now more jobs than qualified candidates to fill them.

    Talented IT professionals now have multiple career opportunities being tossed their way at any given time. They are also spending less time on the job market since competition is so fierce. For hiring managers who insist on acquiring the best talent, having a quick hiring process and being able to move quickly is a must.

    If you are hiring for an engineer and your job has been open for longer than you would have hoped, take a look at your hiring process. Does it take more than two rounds for you to bring someone on board? Does it take more than three weeks between the first round and the time it takes to pull the trigger on a hiring decision? If so, you’re probably losing out on the best options simply because your process is too long.

    The longer a jobseeker is on the market, the more offers they are bound to entertain. Even a one week delay can be the difference between being able to hire the most talented person and them losing interest because something else comes along that catches their attention. This is when offers are turned down, or worse yet, when someone accepts and then doesn’t show on the first day.

    If you find someone you like, take action and do whatever is possible to speed up your hiring process so that person shuts down all other interview activity and your job is filled!


    Are you looking to fill a position in your tech department in the DC Metro area? Contact us today by calling 703-682-4000! 

     

     

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