Dan Nenni, blogger, hosted the EDA Consortium CEO Annual CEO Forecast and Industry Vision Panel last night at the Double Tree Hotel in San Jose. Aart de Geus from Synopsys and Charlie Huang (filling in for Lip-Bu Tan) from Cadence and Ravi Subramanian from Berkeley talked about various trends, drivers and impacts. It was Wally Rhines from Mentor that named two possible growth numbers for 2011. One was based on a calculation what the financial analysts say for the coming year and came in at 8%.
The second figure was based on a favorite formula that says the previous year’s R&D spend is strongly correlated to the following year’s EDA growth. This formula delivered an exuberant 14%.
I like these numbers and I think we can expect hiring to pick up. As one exec over at a leading company mentioned to me, even marketing managers are finding jobs.
What do you think? Do you see 8% or 14%, and will hiring pick-up?
One more thing….the Jan. 4 issue of EDA Weekly covered The Best of 2010 – EDA Weekly Magazine, Press Postings, and Careers Corner. Check it out
Happy New Year.
+Graham