Capital2's Blog

Recruitment and Career advice for the High Tech and Banking Industries

Q2 Update

Q2 is looking much more positive on the hiring front. We will complete assignments in France, Italy, Spain and the Netherlands….. and many of our clients are feeling better about market conditions moving forward.

The banking sector remains flat, but technology, particularly among pre IPO companies seems to be keeping its head above water.

Let’s hope this positivity continues!!

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May 24, 2009 Posted by | Uncategorized | , , , , , , , , | Leave a comment

Additional Geographical and Sector Focus

As we have expanded our team, we have added in consultants with new areas of expertise. As well as our core markets of banking and technology in Southern Europe and the UK, Capital2 Solutions is now well placed to deliver on recruitment assignments in the following territories:

  • Germany
  • DACH and Eastern Europe, including Russia
  • Middle East
  • South Africa
  • Singapore

We have also added the following sector specialisms:

  • Mobility Solutions (including Telco)
  • Renewable Energy

The idea is that through growth, we are able to increase our service offering, without distracting from our ability to deliver world class recruitment solutions.

2009 is shaping up to be a difficult year, but our commitment to our clients’ needs, coupled with our flexibility should enable us to thrive in an increasingly challenging market.

February 3, 2009 Posted by | Uncategorized | , , , , , , , , , , , , , , , , | Leave a comment

End of Q3, heading into Q4, expectations??

Summer is ending, and that means there are 4 months left till year end. September is all about tying up processes from the summer hiatus, and building for the end of the year.

Clients need to hire by end september if the want someone to start before the end of 08, candidates need to begin looking now if they want a new role for 09. All sorts of factors come into play as new budgets are thrashed out in companies across the world.

Our world (nice link there eh) looks OK. Our focus is the technology and especially enterprise software hiring and this area seems less affected than the other side of our business (banking) by the global downturn.. let’s hope this continues.

We are continuing to work with established players, start-ups and US firms looking to enter EMEA and we are on target to hit our first full year’s forecast…. hopefully with some healthy invoices to send to kick off 2009 well!

Keep updated on our job lists http://www.capital2solutions.com

August 22, 2008 Posted by | Capital2, Macroeconomic News | | Leave a comment

A world without Word??? Microsoft sees past the Windows era!

Full story here: http://news.bbc.co.uk/2/hi/technology/7540282.stm 

This seems to be a logical step if the ‘virtualisation’ of software continues. The whole SaaS space and on-demand solutions are growing very quickly, Google is trialling the docs package and possibly looking at Salesforce.com as an acquisition….. Microsoft has to keep up.

But can you imagine how different computing will be without the Windows OS? We can’t!

August 4, 2008 Posted by | Technology News | | Leave a comment

Update on Capital2’s progress

So, here we are at the end of July 2008, and given our ambitious growth plans outlined in an earlier blog, it would seem a good idea to have a check as to how we are performing against expectation.

The company began trading in February 08, although the first few months involved more administrative work and preparation than actual hiring!! The French SARL came into being in April 08 and this is really when we were able to shut the door on the bureaucracy and focus more on our clients.

Since then we have sourced candidates for roles in: France, Italy, Spain, Portugal, Holland, Germany and the UK. We have received job offers in Germany, Portugal, France, Spain and Italy…. not bad going considering!

These first few months have also been extremely useful in teaching us how to run a business, and we have extended our international network massively… 6 months in and we are much better prepared to take on executive search assignments and multiple job assignments anywhere in Europe. Our business is much more robust and better established.

Billing: Things are on track although we are behind out initial (ambitious) forecast… hopefully a strong second half to the year will get us back on track.

Growth: on track for 2009, nothing major planned for the rest of 2008, which is to be used to consolidate.

So things are looking positive, in a period of economic instability, we are performing to expectation. Our low overheads enable us to be flexible to meet the needs of various clients and the future is looking extremely positive.

www.capital2solutions.com

July 28, 2008 Posted by | Capital2, Success Stories, The Team | | Leave a comment

Google’s new competitor?

Seems that the brains behind Google have escaped!!!!

MENLO PARK, California (Reuters) – A start-up led by former star Google engineers on Sunday unveiled a new Web search service that aims to outdo the Internet search leader in size, but faces an uphill battle changing Web surfing habits.

 

Cuil Inc (pronounced “cool”) is offering a new search service at www.cuil.com that the company claims can index, faster and more cheaply, a far larger portion of the Web than Google, which boasts the largest online index.

 

The would-be Google rival says its service goes beyond prevailing search techniques that focus on Web links and audience traffic patterns and instead analyzes the context of each page and the concepts behind each user search request.

 

“Our significant breakthroughs in search technology have enabled us to index much more of the Internet, placing nearly the entire Web at the fingertips of every user,” Tom Costello, Cuil co-founder and chief executive, said in a statement.

 

Danny Sullivan, a Web search analyst and editor-in-chief of Search Engine Land, said Cuil can try to exploit complaints consumers may have with Google — namely, that it tries to do too much, that its results favor already popular sites, and that it leans heavily on certain authoritative sites such as Wikipedia.

 

“The time may be right for a challenger,” Sullivan says, but adds quickly: “Competing with Google is still a very daunting task, as Microsoft will tell you.”

 

Microsoft Corp, the No. 3 U.S. player in Web search has been seeking in vain, so far, to join forces with No. 2 Yahoo Inc to battle Google.

 

Cuil was founded by a group of search pioneers, including Costello, who built a prototype of Web Fountain, IBM’s Web search analytics tool, and his wife, Anna Patterson, the architect of Google Inc’s massive TeraGoogle index of Web pages.

July 28, 2008 Posted by | Technology News | | Leave a comment

Typical! High tech sector next to suffer?

Well is the knock on effect of the credit crunch now starting to bite?? It seems like the knock on effect is that companies are scaling back on spending on the likes of IT and software.

According to Reuters:

BOSTON (Reuters) – U.S. technology companies have posted stronger quarterly profit growth than any sector except for oil, but investors fear that cracks are emerging as clients in troubled industries like finance, retail and construction reduce IT spending.

 

This week, business software maker VMware Inc (VMW.N: Quote, Profile, Research, Stock Buzz) issued a revenue warning, and Cisco Systems Inc (CSCO.O: Quote, Profile, Research, Stock Buzz) CEO John Chambers said many of his customers see the economy picking up early next year rather than later this year.

 

Wall Street is bracing for more bad news over the next few weeks as tech companies release earnings forecasts with their second-quarter reports.

 

“We’re definitely concerned about the September quarter and how we are going to finish the year,” said Rich Parower, managing director at J&W Seligman, which has about $4 billion in technology stocks.

 

“The economy has only gotten tougher,” the fund manager said, adding that he expects a rash of third-quarter forecasts to fall short of analysts’ estimates.

 

The tech earnings season starts in earnest next week, with Intel Corp (INTC.O: Quote, Profile, Research, Stock Buzz), IBM (IBM.N: Quote, Profile, Research, Stock Buzz), Microsoft Corp (MSFT.O: Quote, Profile, Research, Stock Buzz) and Google Inc (GOOG.O: Quote, Profile, Research, Stock Buzz) among the companies reporting results.

 

Analysts on average are looking for quarterly profit growth of about 47 percent from Microsoft, 39 percent from Intel, 35 percent from Google, and 14 percent from IBM, according to Reuters Estimates.

 

Overall, the 71 tech companies in the S&P 500 Index .SPX are forecast by Wall Street to report an average of 16 percent year-on-year profit growth for the second quarter, according to Thomson Reuters Proprietary Research.

July 13, 2008 Posted by | Capital2, Technology News | | Leave a comment

Euro 2008 Well done Spain and what else is new?

With all the excitement of the football and the recently passed half year mark the blog has fallen by the wayside recently……….. sorry folks.

But well done Spain! For once the best team in the tournament actually won the tournament and all round we feel this is a great thing for International Football. Attacking creative footy won out against big brutes and defensive formations! Superb.

So what’s new here in the wonderful world of Capital2?? Not much to be honest, we’re still trying to fill various commercial roles in banking and software across Europe as well as trying to run and expand our business so we’re pretty busy.

H1 performance was light, but H2 is looking strong and if our forecasting and projections are correct we should be in good shape to continue to grow in 2009 – on croise les doigts.

Don’t forget to check out our website www.capital2solutions.com

July 1, 2008 Posted by | Capital2 | | Leave a comment

LinkedIn valuation??? Wow

From The New York Times this morning:

On Wednesday, LinkedIn will announce that it has raised $53 million in capital, primarily from Bain Capital Ventures, a Boston-based private equity firm. The new financing round values the company at $1 billion.

That heady valuation is more than the $580 million that the News Corporation paid for MySpace in 2005, but less than the $15 billion value assigned to Facebook last year when Microsoft bought a minority stake.

June 18, 2008 Posted by | Success Stories, Technology News | | 1 Comment

Economic slowdown now to affect technology markets??

Yeah well we need that like a hole in the head eh! However Adobe’s forecast announcement yesterday seem to indicate that the economic slowdown is now affecting the tech / software market.

From Reuters:

Adobe forecast revenue in a range of $855 million to $885 million for the fiscal third quarter, which ends August 29. That compares with an average analyst forecast of $876 million according to Reuters Estimates.

 

“Some investors … were expecting a higher forecast,” said Goldman Sachs analyst Sasa Zorovic.

 

The company, the world’s biggest maker of design software, also forecast third quarter per-share profit before items at between 45 cents and 47 cents, compared with the average Wall Street estimate of 45 cents.

 

Chief Executive Shantanu Narayen said that, while Adobe has so far been able to meet its financial targets in the midst of the U.S. economic slowdown, its fate could change if conditions worsen.

June 17, 2008 Posted by | Technology News | | Leave a comment