6.3.09

Mobile Phones and Social Networks

Mobile Phones will increasingly become the gateway for more people to access their social network site/s. Gen Ys addiction to mobile devices has meant that there is now a race on for small mobile devices to be the defacto access point for the Bebo and MySpaces of the world.

The number of users on these services is accelerating quickly - a new study by InStat is predicting that by 2012, there will be nearly 30 million "millennials" in the U.S. using a mobile social network of some sort, and a ComputerWorld report confirms that worldwide, that number will soar to 975 million by 2012.

The latest states I could lay my hands on now show that there is 4 billion mobile phone subscriptions on the planet, with an estimated 6 billion subscribers expected by 2013!

1 billion phones will be sold in emerging markets in the next 12 months! And as we all know our very own, Denis O'Brien continues to make huge head ways into Central America with his phones and new job boards. Nice mix of technologies Denis! If he adds some social networks to his portfolio he'll begin to muster Murdoch or Bellisconi like media power.

The mobile device is here to stay. What organisation will be the first in Ireland to learn how to master it Obama style and bend it towards their recruitment and marketing campaigns!

"The Future of Recruitment is the cloud" Happy Hunting!

Here are two very different videos to get you thinking! Africa is getting quickLy connected and not just APAC. The story of Bluepulse is pretty amazing. it's a company I'm tracking. Started in Australia, now located in YouTube's former offices, this social network for mobile users is hot and in the video you can meet Ben Keighran, CEO.



2.3.09

Some new LinkedIn polls!

I've put together some polls for the Irish market that I think will make some interesting reading. If you get a spare moment please give them a go. Please go into each one seperatedly and give your answer.

1. If you had to choose one job board to work with this year what would it be? go here [no job board owners or employees need apply]

2. What fees should agencies charge this year for a full-time hire?, go here

3. What is your company's forecast for the rest of the year, until Dec 09, go here [only in-house recruiters need apply]

4. I've had 46 responses to this one but if you haven't taken it already please do: when will the Irish recruitment industry turn around?, go here

25.2.09

The Future of Recruitment is in the cloud

If you don't know much about server farms this will help explain a little. Getting access to candidates live on the cloud will definitnely be more important in the future. As more devices allow us access our sky drives or hard drives on the web, our CRMs may also follow suit, and then it could be a very clear case of sourcing and screening from your smart terminal device possibly a smart phone of sorts rather than the desktop or laptop.

19.2.09

Thoughts from China

For the last 4 days I have been in snowy Beijing and I just arrived in diametrically opposed tropical Singapore and replaced scarf for shades and gloves for shorts.

In Beijing I was training over 30 recruiters how to source and during the course of two full days of sourcing got a chance with experimenting with Chinese character sourcing and Chinese cultural approaches to passive candidate sourcing. I made a lot of new friends and got a brief but brillant glimpse into the Chinese sourcing market. Some of the things I took note of were:
-string searching is best done in Baidu and instead of using operators and modifers in English and then using local language key words it's best to write the operators and modifiers if possible in only Chinese characters are only in English... hybrid strings seem to confuse the search engine
-Baidu and Alibaba(the 2nd biggest search engine) look like they use full Boolean syntax. Another popular is Sogou.
-www.QQ.com the 9th biggest web site in the world, by individual visitors per day, is not really used for industry sourcing and is more a competitor to Microsoft's IM rather than anything else
-51jobs.com is the most popular job board
-LinkedIn and Facebook are growing but www.kaixin001.com,www.hainei.com and
www.xiaonei.com are more popular.
-Mobile is on the move and instant messages is becoming popular to contact ggraduate candidates.
-Minimum wage per month is around 700 yuan or 80 euros per month in a lot of country based manufacturing companies
-20 million people have lost their jobs as a result of the global recession.

11.2.09

New Facebook App and Automated LinkedIn searches

Facebook's own profile search has been bettered by a recent free plugin that has been created in the open source community, check it out here.

Also worth looking at is LinkedIn's new email search agent where you can receive emails when new people enter your 3 degrees who meet your search criteria. There are 3 free searches and you can get more when you have a paid LinkedIn account... check it out at www.linkedin.com/search and edit or cancel them anytime at www.linkedin.com/search?savedSearchListing

26.1.09

Yahoo and the "Region" command

All too often Yahoo is neglected by recruiters when sourcing directly and it really shouldn't be as it is one of the biggest indexes that exists on the planet and spider and indexs differently to that of Google and Live.

Recently, Yahoo introduced it's "region" command. The syntax when searching for candidates would look a little like this

region:"continent" intitle:resume "keyword"

For example, if you are looking for resumes of a Auditor in Europe, your search string will be

region:europe intitle:resume auditor -sample -apply -jobs

Happy Hunting

22.1.09

Smart Phone Use Still Along Way To Go in Ireland

Im still on my holidays at the moment down in Brazil and have an announcement to make. I got ENGAGED!

But even in the depths of ceremonial forethoughts and chiming wedding bells Ive still felt the need to scatch my itch and tune back into what is happing in the technology and recruitment worlds.

A central pillar of cloud recruiting will be mobility and mobiles. There is an interesting article in the Irish Times today which gives an insight to where the nation is with smart mobiles.

Get ready for Facebook, LinkedIn and Skype ready affordable Smart Phones. Its coming to the masses soon.

You can catch it here.

26.12.08

100 posts and more to come - thank you!

I just want to wish the readers of the blog a belated Happy Christmas and a colourful, peaceful and successful New Year.

When I started off this blog it felt like I was talking to myself a lot. Now that the blog readership has been growing steadily I find I do less of this here and normally do more of it while walking in Phoneix Park or in Tramore!  I wantted to give a special thanks to those regulars who have taken the time to subscribe to the RSS feed. Your email comments have made the blog worth while and I hope to write more engaging content for you in 2009.

I've been writing the blog for 4 years now and I just recently posted my 100th entry. While I would have liked to have posted more in 2008 my new job, which I love, took up a lot of time -especially, considering I am soaking up more information than ever from China, India and MEA. However, "cleachtas a dheanamh maistreacht" so now that I am getting the hang of it I hope to produce some more next year. I'm off to Paraty and Itacare on vacation until the end of January but "slan go foill" and see you in 2009!


Happy Hunting!

PS - I will be organising the first ever "Irish Tuesday's Club" in Feb 09 so hope to see you there.

23.12.08

Saongroup continue their impressive growth - opportunity knocking on recessionary times!

It's not something you hear a lot of people in the Irish press talking about to often but Denis O'Brien and Leslie Buckley have been consistent and tenacious in their vision of creating one of the biggest job board portfolios in the world. Since there acquisition in Irish Jobs from John Feeley in 1995 they have been growing and diversifying ever since. The list of acquisitions they have made and the number of current opportunities they have in their own company are interesting and caused me to dig a little deeper.

On their own web site they state: "saongroup.com is now one of the fastest growing Irish owned online companies in the world, with offices in 10 countries across 4 continents. saongroup.com has its head office is Dublin, Ireland and employs more the 1,700 people across the globe".

Being one of the fastest growing Irish owned companies in the world may sound a bit "quixotic" but it's very much true! Looking from afar and having studies closely what Career Builder and Monster have done and tried to do over the last number of years what Saaongroup has done has been very impressive in comparison.

The portfolio consists of, and this is only some of it:


The company is currently expanding aggressively in India with the recent launches of http://www.myjobsinpune.com/  in Sept 07 and then a recent second expansion in http://www.myhyderabadjobs.com/. I've checked and http://www.mybangalorejobs.com/ and http://www.mydelhijobs.com/ are functioning job boards as well so maybe they've gone ahead and registered the domain and got these set up already. Maybe these are simply target looking companies that the group may go after. Get ready for Goa, Jauiper, Cochin and the other big hubs to follow. Basically, anywhere there is a concentration of 5 million or more people on the planet where internet penetration is growing Denis and Leslie will want a job board. Get ready next for Nanjing, Dalin and Shenzhen in China.  Actually, it seems like that is exactly what the company is planning by the looks of some of its  vacancies on its career site. Interestingly, they have a regional CEO/COO job in China where they are looking for an individual with 10+ years experience, willing to travel and who can speak Madrin and English. The role will report into the regional CEO and will have control of P&L, expansion and employee motivation. Having been to China myself 3 times now and about to go again in February to train Microsoft's recruiters some deep sourcing techniques I've had a chance to immerse myself in the China recruitment industry and study it from afar. It certainly fits into the emerging market category that Saaogroup have targeted for expansion.
Sales Executive Cayman Islands Caribbeanjobs.comCayman Islands
Business Development Executive - Dubai UAEDubai
Sales Account Manager LuxembourgLuxembourg
Sales Executive Trinidad Caribbeanjobs.comTrinidad
General Manager RecruitGulf.comDubai
Group Finance Director Saongroup ChinaBeijing
Business Development Manager Abu Dhabi, UAEAbu Dhabi
Regional Finance Manager - Saongroup (China)Shanghai
Sales Executive Jamaica Caribbeanjobs.comJamacia
Management (Online Recruitment) - WorldwideWorldwide
Financial Accountant – CaribbeanJobs.comTrinidad
Regional CEO - ChinaBeijing (travel involved)
Sales Account Manager Dublin (OTE €70,000+)Dublin 2

The downturn in the global econonomy presents fantastic opportunities for those companies that have a strong balance sheet. Anne Hegarty in CPL, Brian Murphy in Premier Group and all at Saaongroup must be looking forward to 2009 and the acquisition trail ahead!

20.12.08

G-Speak and the User Interface of the Future

One and a half years ago I was fortunate to be present at a meeting with Steve Ballmer where he fielded some questions from a group of recruiters within Microsoft. At the meeting Steve was asked what would he like to change about technology in the future? What would he like his technological legacy to be? Amongst many things right at the top of the list was redesigning operating systems and how people are allowed become more intuitive with their bodies and minds in operating computer systems instead of relying on the present mouse-and-hand paradigm which we have an ubiquitous preponderance of today. As he spoke I tried to form some images from his words to bring myself into his future. In the abstract I found a formidable opponent.  But now with the help of the amazing work of the extremely talented Oblong industries  I can realise the picture that he painted in its totality.


As the inventors put it themselves:

"The g-speak platform is a complete application development and execution environment that redresses the dire constriction of human intent imposed by traditional GUIs. Its idiom of spatial immediacy and information responsive to real-world geometry enables a necessary new kind of work: data-intensive, embodied, real-time, predicated on universal human expertise.

Some of the SOE's core ideas are already familiar from the film Minority Report, whose characters performed forensic analysis using massive, gesturally driven displays. The similarity is no coincidence: one of Oblong's founders served as science advisor to Minority Report and based the design of those scenes directly on his earlier work at MIT. Other foundational components are less directly visible but as crucially transformative. The g-speak platform braids development arcs begun in the early 1990s at MIT's Media Laboratory, where Oblong's principals produced radical user interface advances, distributed and networked language designs, and media manipulation technologies."

Cloud recruitment in the future may involving geo-spatial gloves that are a combination of gestural i/o, recombinant networking which will bring us a major stride forward in computer interfaces since 1984. We may all be able to gesture with our hands to a mobile device and execute a number of commands simultaneously using voice recognition. Enjoy!


17.12.08

CPL hit hard

Over the last few days there's been some interesting commentary in the national press about CPL's revenue performance. Check out the Indepants article, here today and yesterday's RTE update here. Shares in the company are down at 1.05 euros at the moment and the group expects the outlook for 2009 to be "very uncertain".

Permanent placements are suffering, we know this, it will be interesting to see how hard the contract side of the business become in 2009. However Anne Hegarty and co have a very strong balance sheet. I'd be expecting them to acquire a number of small operations across Europe in the year ahead allowing them expand more aggressively into the RPO market in Europe and play catch up on companies like Kenexa and Adecco to name but a few.

16.12.08

The Future of Recruitment is in the Cloud! (Utility Recruitment)

I love technology!

Ever since I got a Commodore 64 I've been hooked. One of the very cool things about working for Microsoft is I get a chance to collaborate with smart people in a very innovative environment that allows me glimpse over the edge of tomorrow's technological future and constantly reignite the curious little boy in me who loved to tap away at his computer in his bedroom for hours on end. In this environment I'm often trying to keep my personal knowledge base high by listening to a variety of tech podcasts such as Leo Leporte's Twit and blogs like TechCrunch and the prestigious Robert Cringley's blog as well as a huge internal database of sharepoints on a variety of technological gendres and flavours. And that's not even mentioning our very own Channel 9 or MSDN Blog Network.

I love recruitment!

I love trying to figure out how new improvements in technology can be used to make recruitment more efficent and effective. A lot of recruiters I know like to read other recruitment magazines or blogs or like to pick up the CIPD magazine, the Friday Irish Times or Sunday Business Post to keep up to date with the latest recruitment trends and techniques. I do this myself a lot and have benefited greatly from others. However, I much prefer following the technology geeks and then applying what I've learnt from them to recruitment rather than reading about it from other recruiters. That's where the fun is for me and that's when and where I enjoy my job the most.

Some of the greatest satisfaction I have had in my career is coining a technique and then passing it onto one of our recruiters in Dublin, Dubai or Hyderabad and learning in the future that they made a hire through it.

For quite some time Microsoft has been working at the concept of Software as a Service (SaaS) and has been one of the architectural leading netizens which such companies as Google, Salaeforce and Amazon when it comes to coining the phrase "Cloud Computing"! It's been very interesting to watch this from the inside and I believe that now more than ever a recruiter can be empowered by using technology correctly and creatively to be better at their job and more successful than their peers.

A lot of people may not know what cloud computing is? Sometimes you here people mention things such as: "on demand computing" or ""cluster computing" or "server virtualisation". For me it's simply the ability to access information over the internet from any device. It is a step towards less of a device centric, app centric world and more to an information centric model. Recruiters will need to know how to use social media to brand and contact technological savy individuals and the new generations. They'll need to sync better to increase speeds to facilitate the sharing and processing of information. It will be driven by mobility.

Some of my recent blog entries have been about vice technology, image teleportation and mobile syncing. Stay tuned for more in the future.

For those that are new to Cloud Computing check out  Christopher Barnett's great video!

8.12.08

Voice Search - Square is the new round - The Future of Recruitment is in the Cloud!

Wow! I can't believe it's that long ago but I think it's 2001 when I wrote an article for Monster called "How will XML change the face of recruitment".  7 years and XML has had a huge part to play in driving ATS systems together allowing multiple posting and driving us all towards a more common cloud computing experience. It is truely amazing the technology that recruiters now posses. The future is here but in a lot of cases it's just not distrbuted amongst us evenly.  One example of this is voice search technology which maybe in the next 7 years will have a big part to play in how we break away from our addiction to laptops and desktops and start to use mobile devices more in how we recruit. Who knows we'll probably be even talking into our car mirrors to make a search one of these days for a senior credit analyst or a purchasing manager (for new readers who haven't checked out my little screenplay on searching on your car mirror check it out here)!

Here's a video to tell what I mean:



And this is only the start!Windows Mobile, iPhones and Android are all working on improving their technologies in this space. Already Google's launch of Google Mobile Apps in iTunes a couple of weeks ago is setting high standards for voice search on your mobile device. So why not do some searching for candidates on the web or on LinkedIn are Facebook while you're queuing up in Marks and Spencers for those addictive choclete cookies or why not use that valueable time when waiting for your next Ryan Air flight to Faro!

The future of recruitment is in the cloud!

5.12.08

Is this the future of remote interviewing?

Maybe the hologramatic interview is not too far away!!!

4.12.08

List of European Search Engines

When sourcing passive candidates on the Internet most recruiters only use Google, which in my opinion is a big mistake. You should always have a healthy variety of search engines at your disposal to source with... at a very least you should also use Live and AltaVista as well. Engines index differently and in my years of searching I have found on numerous occassions CVs in one search engine that did not feature in another.

Here is a list of European search engines to be aware of.

27.11.08

Using JobCompass to find a job on your iPhone

Interestingly CareerBuilder a few months ago came out with an iTunes job searching agent that works with your iPhone but it looks like JobCompass has outdone them with a far more slicker and more location specifc spider that runs off popular job boards like Monster, Dic, HotJobs and Cybercoders to pull their jobs from...

Check out the demo...

22.11.08

The new Monster is on its way!

I've got my official invitation to the Irish launch and looking forward to seeing their new career profiling system and jazzed up engine. Also looking to the odd canape and drop of vino tinto as well!

Hats off to the marketing team in Monster.

4.11.08

The ladders $100k+ social experiment

Interesting commercial from TheLadders, the premier job board in the US for jobs over $100k+. I wonder how TheLadders job board would perform in Ireland? One thing for sure is IrishJobs realised along time ago that there is a niche market there and in action to it they created the Executive Room but I'm not convinced it worked. I just did a search selecting the "employer" drop down menu and then I selected "Dublin" as location and it only returned 10 results. Seems like they have quite a ladder to climb if they want to get to where they want to be. A commercial as clever as this would help! Come on IrishJobs marketing team - give us something innovative as a commercial. It's been a while and we're waiting! Capture our imagination the market for executive recruitment is there for you to win or lose.

13.10.08

Monster gets the wallet out and snaps up ChinaHR

Monster snaps up ChinaHR
US-based online recruitment service provider Monster yesterday secured complete control of ChinaHR.com, paying $174 million for the remaining 55 percent stake in the Chinese recruitment site.
Monster had said in its financial report for the second quarter of 2008 that it would pay $200 million to $225 million in cash to ChinaHR.com shareholders. Monster said in 2005 that it would take the remainder if ChinaHR.com was unable to get listed within three years.

Analysts said the failure of the IPO was due to problems with ChinaHR.com's profitability. The company suffered a loss of 150 million yuan in 2007, according to Monster's financial statements for the year.
"The acquisition will give Monster a stronger presence in the Chinese online recruitment market," said Edward Lo, executive vice-president of Monster China, who takes over as the interim CEO of ChinaHR.com while maintaining his current Monster post.

China's online recruitment market is led by NASDAQ-listed 51Job with a 29 percent share, followed by ChinaHR.com with 24 percent, according to Beijing-based consulting firm Analysys International.
Although Monster's acquisition comes amid a slump in US online labor demand due to the global financial crisis, Lo said it is an opportune time for Monster to invest in the Chinese market.

"The economic situation which has ups and downs is a cycle," he said. "The merger is not a short-term investment but a long-term strategic partnership to create the best global recruitment platform."
Liu Tong, an online industry analyst from Analysys International, said it is a good deal for Monster from a long-term perspective as China's online recruitment market is growing rapidly. It grew 36 percent year-on-year in the first quarter of 2008.In addition, ChinaHR.com's loss does not mean it has operational problems, he said. In 2007, it achieved a revenue of 281 million yuan.

The merger with Monster means there will be enough cash flow to enhance its brands, he added.
More than 90 percent of ChinaHR.com's revenue comes from the online recruitment compared to 33 percent of its rival 51job's, Liu said, adding it means there is plenty of space for Monster to diversify ChinaHR.com's future revenue structure.

12.10.08

Facebook and Xing see expansion during financial crisis

Interesting but not suprisingly the world of social networking reacts very positively in times of economic turmoil. Have a read of the following article from the Economist. BTW: I'm in China at the moment for a Microsoft HR and Recruitment Immersion tour. Looking forward to learn this week about some of the recruitment challenges that the Chinese market has to offer and how I can bring some of those learning back to the European market... I wonder will any of the Irish job boards stakes in Chinese job boards be mentioned in the McKinsey study we're going to get on the talent market tomorrow. PS- Stay away from duck's tongue but when given the chance to eat duck liver encased in brown caster jelly. Go for it!

30.9.08

M16 using Facebook to recruit!

Looks like her Majesty's British Service is recruiting their next James Bond on Facebook! Check it out here!

9.9.08

This week in recruitment

1. Firms' recruitment falls to 15-year low in London > 2. Indeed expand to India > 3.India's Fastest Growing Online Recruitment Site, Naukri.com, Chooses Akamai to Optimize Performance and Scalability > 4. Is everyone social networking - read what the Synovate survey has to say > 5. LoadzaJobs.ie have 3 week online recruitment fair

Facebook and Careerbuilder join forces

Previously I posted about clever LinkedIn building an API to Facebook's platform and it looks like CareerBuilder are following suit and jumping on the Facebook train. Just in case any of you there out there haven't heard of facebook well shame on you and here is a few stats to peak your interest.

- 4th most trafficked website in the World!
- 80 million active registered users
-Projected to have 200 million users by end of 08
- 45 billion page views per month
-Over 250,000 new active users a day

Here is the link to CareerBuilder's Facebook page and here is another to a clever company page created by Caeerbuilder. Where you can expect Careerbuiler to make it's money will be leveraging the newsfeed functionality in people's profiles for targeting advertisment. Prices are out in the UK and range from a plantnium package for £9k for 1.5 million impressions and a client facebook page to a silver package which is £3k for 500,000 impressions and a client page. For that kind of money maybe worth a try!

What's cool about these options is there is also the ability to purchase some ad space per a number of media options so you can look at what demographic and location you want to target amongst others which allows you control the hit rate a bit better.

To learn more about the partnership and learn about some of Career Builder's aggressive expansion plans read Careerbuilder's CEO, Eric Preseley's interview on CNET.

And not to be out done Monster in the UK also have their own page. Albeit, I haven't heard of any close knit relationship like Careerbuilder's forming yet. Maybe only a matter of time.

1.9.08

Saon Group do it again - but this time in south America


check out the news article here here.

Saongroup.com has expanded its operations to central America with the acquisition of Tecoloco.com. The company operates in El Salvador, Guatemala, Honduras and Panama and plans to open in Costa Rica before Christmas. The company also boasts an impressive client base that is expanding quickly.

The Irish recruiter, which is jointly owned by telecoms entrepreneur Denis O'Brien and Cork businessman Leslie Buckley, is believed to have paid more than $3 million (€2.05 million) to acquire the business although no price was disclosed.

If this spikes the entrepreneur in you what should you do to capitalise on the Latin American jobs board gold rush! Well, if you got some time on your hands and some money to spend and want to follow in the jet stream of Denis and co I'd susggest starting with the language! Learn that Spanish fluency you all dreamed about having. Get over to Central America and start yourself a job board and pay someone to get some clients to use it. Plan your exit to one of the never ending expanding job boards of the world. Career Builder was quite happy to buy 2nd choice and 3rd choice generic job boards all across Europe to expand its global brand. They could be a contender. Likewise Monster has proven that it is prepared to do the same. I reckon if you pick an excellent URL that can rank in organic searches quickly, provide a simple and clean architecture that works and get someone on the ground drumming up some clients with some careful CPC purchases and some consistent blogging you'll have a small business before you know it.

Creo que empersaria en Costa Rica, al menos, las playas son grandes si la empresa fracasa- Hasta pronto!

28.8.08

Irish Saon Group is (IrishJobs.ie) expanding internationally again!

The Irish Saongroup has been flashing the cash again... This time, they've bought MyJob a Mauritian job board. This is hot the heels of last years expansion into In Southern Africa after last year’s acquisition of P-Net.

The island in the Indian Ocean has 1.2 million inhabitants and their economy will be the first country “to become the first nation to have coast-to-coast wireless internet access”...interesting move!

19.8.08

"Scary New Competition for Monster" - Business Week

So there is a debate raging in the US at the moment about whether or not employers are getting screwed over by the good old "pay-to-post" job board model. Is it good enough to pay for a posting and to HOPE that someone will respond to you that fits the bill. Should not the model be pay-for-performance? Enter RealMatch with a brand new model and way of doing things.

Is it time that Monster, IrishJobs, RecruitIreland, JObs,ie and the other take note and beging to give us something new that provides with better matching technology that currently exists. I wonder which one of them will stand up to the test. If RecruitIreland or Jobs.ie can do it and do it well we may have a new big dog in town to usurp IrishJobs off its top mantle here in the Emerald Isle!

10.8.08

Flexible Executives - could this cool idea work in Ireland?

Flexible Executive is an interesting niche agency in Atlanta US that caught my attention this w/end. At its core what it does is connect executives that have family responsibilities e.g. parents who manage from home autistic children, with firms that have specific projects that let them work from home while at the same time allowing them maintain flexibility around work-force balance. I'm not sure if Ireland has a big enough market to support this model but hats off and great idea.

4.8.08

This Week in Recruitment

1. Monster's founder sets sight on Obits, here. 2. Online Recruitment is the best way the credit crunch for employer, here. 3.New recruitment TV show, here! 4. UK meltdown sends Indian students home, here. 5. Recent Google rankings show an annual average of almost 400,000 searches for keywords 'Caribbean jobs", here.

17.7.08

This time Stepstone buy into France

The French job board market seems to be seeing a lot of activity of late. Recently I talked about CareerBuilders entry into the market by purchasing LesJeudis but this time StepStone is taking over the French LVE Group, check out more here.

So now I make it Monster, CareerBuilder, StepStone, Adenclassifieds and Régionsjob in France. Is there room for any more.. definitnely, expect more aquisitions and more consolidation to come.