EDA has second strongest Q2 growth in 10 years... Another Major acquisition... My plan to make things better

EDA just posted its strongest Q2 growth in 10 years; how refreshing is that to hear?  I know that my business is seeing the best quarters it has in many years, so yes this news is indeed great and corroborates what I have been saying in my past columns.  Even though I know there are many without work, and companies that still struggle, it is a far cry from how things were the last several years.  Everything I have said, written about how strong business is, (my business is) pales to the words “EDA just posted its strongest Q2 growth in 10 years”.

This year more companies than ever are calling me (rather than the other way around) to find them good candidates, and that clearly shows companies are in fact hiring!  What’s more, I can tell you they are hiring for good positions.  More candidates from the big 4 are calling me as well, meaning they believe there is opportunity once again in the start-up world.

Fact is EDA achieved its highest level of year-to-year growth, and that is from any second quarter in the past 10 years.  Will even hearing/reading this stop the continued negative reports and feelings that continue to permeate our world…NO!  No amount of proof can change perceptions.  Agreed the industry has issues that stop it from reaching its greater potential, but nevertheless, EDA is still growing and doing reasonably well in a world that is not. 

Now I know some will say that just because I/we had near record growth, this alone does not constitute good news.  GIVE ME A FRICKIN BREAK! In a world allegedly on the brink of recession with doom and gloom reports playing a bigger role in what is happening to the economy than the actual happenings of the economy, this is indeed refreshing news.

Am I alone in thinking (a dysfunctional congress aside) that the constant barrage of negative reports plays a bigger role in stymieing growth than the actual fundamentals of the economy itself?  Lets face it, if the market drops 200 points, the doom and gloom is on every station, in every paper.  If it goes up 400 points, the “will it last comments” persist, followed by econogeeks articulating all the (self proclaimed) problems in the economy.  This always overshadows any good news and ultimately serves us all so poorly. Look, I am not saying that we do not have real problems that need serious attention; that is apparent.  But the constant barrage of negative information has serious consequences and the more you hear/read about it; the more it has to negatively affect us.  The same holds true for EDA!  Even with this positive report, rather than hearing the joy bells ringing, we hear (for example) concern about how how will Q3 be, can the growth be sustained?  Sure, plenty of real problems prevail, both for the economy and for EDA, but sometimes positive attitudes bring positive feelings. I can’t help but feel that if less attention (both by the press and us) were paid to every little negative comment, more business would be the by-product.  Legislation/Government cannot and will not fix everything, but I think hearing/reading positive fundamentals can.  That solution is by far better than almost any I have heard offered thus far. 

So all I am asking, while we all know problems still prevail, can we please take this Q2 information and look at it as a real positive for our industry and build on it rather than tear it down?  We collectively need to come together (Consortium) to come up with real solutions to some of the real problems we are facing, so that this Q2 trend can continue and EDA can stay on a positive track.  The same is true with the economy…if just a little less threatening downer press came out, maybe just maybe some of us would feel a little better about how when and where we spend our money, which in the end my friends is what plays a major role in improving the economy.

OK and for more GOOD NEWS…Yes my friends, another considerable acquisition that I can only hope gets a press release out before my column announces it.  Dare I say this is even more proof that things are boding well for our industry?  It has been quite a year for M&A’s- probably one of the best in many years including one of the largest M&A’s in a heck of a long time.  Extreme-DA adds its name to the list of acquisitions for this year, and knowing the players and product, I have a feeling it was a lucrative one as well.

So bottom line, companies are hiring and things seem strong.  My company has had a record year as has EDA.  In my book this, is exciting and perhaps the best time in a long time to be really excited and even perhaps consider looking at other opportunities that might serve to advance your careers.  

Please connect with me on LINKEDin.

Review Article
  • BDA makes Deloitte Technology Fast 500 October 31, 2011
    Reviewed by 'Gary Dare'
    On his blog, Daniel Nenni reported that Berkeley Design Automation (BDA) made this year's Deloitte Technology Fast 500. The criteria is based on growth (check out Accedian Networks, who made #2 overall and #1 on the Canadian Fast 50 list) so BDA has shown that it IS possible for an EDA firm to achieve stellar growth beyond the humdrum that has been beaten down on us for years and years ...

      2 of 2 found this review helpful.
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