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ReneCardenas
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re: Altium, what have you done?
ReneCardenas   10/17/2012 8:36:12 PM
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Well like all proud parents, I hope his child project Co. matures and makes him proud. Do you know of "the compensation" for his efforts? Altium has come a long way and show a vision that could make great impact on how other companies provide tools for electronic assembly design and sustain engineering. Hope the best for Nick!

EEVblog
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re: Altium, what have you done?
EEVblog   10/18/2012 1:45:25 AM
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I think the recent recovery of the share price and financial performance of the company had nothing at all to do with moving to China per se. It was the immediate financial benefit on this years books of retrenching a large percentage of the company (myself included, being a former employee), and getting those higher paid western staff off the books. And that's even with the multi-million dollar financial baggage of the now abandoned Sydney HQ. So the savings have been quite large indeed. Most of the people I worked with at Altium (who didn't ultimately want to go to China) are now gone, including much of the programming staff. And now Nick is gone too, and if people didn't know, Nick was still quite a hands-on developer at the company as well as setting the direction. I do hope they have enough new talent to make up for it all. So I think it's way too early to see if moving to China had the strategic benefit it was supposed to. i.e. access to a much larger programming talent pool at lower cost to the company. From what I've been hearing, it's not as easy to get very good, low cost and loyal programmers in Shanghai. It is certainly the end of an era, having used Protel from DOS Autotrax 1.6 myself. I wish Nick all the best, and I doubt we've heard the last of him in this space. I expect he'll put his talent toward something new ad interesting pretty quickly.

 brentsinger
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Rookie
re: Altium, what have you done?
brentsinger   10/18/2012 6:44:53 AM
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"It was the immediate financial benefit on this years books of retrenching a large percentage of the company (myself included, being a former employee), and getting those higher paid western staff off the books. " yes by moving to China... you're still pissed about losing your job - admit it!

EEVblog
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Rookie
re: Altium, what have you done?
EEVblog   10/18/2012 7:29:41 AM
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Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

EEVblog
User Rank
Rookie
re: Altium, what have you done?
EEVblog   10/18/2012 7:30:29 AM
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Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

EEVblog
User Rank
Rookie
re: Altium, what have you done?
EEVblog   10/18/2012 7:31:25 AM
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Quote: "yes by moving to China... you're still pissed about losing your job - admit it!" Ah, no I wasn't, I was actually ecstatic about it. I was close to moving on anyway, I had had enough, and went on to do my blogging gig full time. The timing was perfect for me for several reasons, both personal and financial. I was very thankful they did not chose me to stay on. All that is public record, including on my radio show the day after I got retrenched. But thanks for having a wild guess!

AltiumSux
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Rookie
re: Altium, what have you done?
AltiumSux   10/18/2012 7:48:56 AM
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Altium - let me start off by sating that their PCB design stuff was very good, but their attempted FPGA abortion (ie: the Frustration Station) along with their tied-in Nanoboards, were an absolute heap of bug ridden rubbish. Even their engineering staff and support people (when they were all still based back in Australia) couldn't get to work properly themselves. The fact that they sold it as a product and wanted to be paid for support and "bigfixes" shows what a joke the company had become. Let's not forget that Tony was at the helm when the final decision was made to offshore the operation - so I suppose his Karma finally ran over his Dogma. :) Don't expect people to feel sorry for someone when they've effectively been ripped off. have a trawl of Altium's "support" forum for a feel of how they treated you once you gave them your money for a license. Good riddance to bad rubbish.

Navelpluis
User Rank
CEO
re: Altium, what have you done?
Navelpluis   10/18/2012 10:01:48 AM
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This is a perfect example how the Chinese 'system' grabs the knowledge of a company. It is to their strategic benefits: Lots and lots of Chinese companies already used PCAD or PROTEL (most illegal) before it went to Altium. You don't have to believe in 'The Flying Spaghetti Monster' to see how this had happened. I am still a user of PCAD (2006...) and bought a Cadence license for about a year ago. But I cannot leave my good old PCAD for time reasons.... (No time for the learning curve... ) It still does all that I want, including 1500 ball FPGA designs. And this is EXACTLY what the Chinese have found out: You do not need Cadence nor Mentor to get up to a certain level of engineering. OK, it will totally go wrong when speeds go beyond -say- 3GHz, but up to these speeds I have done it all with PCAD until this day. So, my statement for this fact is: "When I see and can do it, why can't the Chinese do it? " The conclusion of my argument here is that the Chinese have quite a powerful tool in their hands now. They can do -say- 95% of all PCB designs with it. And for all those engineers who still use Altium for their developments: Computing in the cloud is not a wise idea !! If you want your IP to land in China for free, be their guest.... I still don't believe in the Flying Spaghetti Monster ;-)

abraxalito
User Rank
Rookie
re: Altium, what have you done?
abraxalito   10/18/2012 11:26:03 AM
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"..it is in the best interests of Altium to adopt a different style of leadership with focus on returning value to shareholders." Even Jack Welch admitted that focussing on shareholder value was the dumbest idea in the world. I wish Altium a lot of luck, they're sure to need it. http://www.forbes.com/sites/stevedenning/2011/11/28/maximizing-shareholder-value-the-dumbest-idea-in-the-world/

Max The Magnificent
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Blogger
re: Altium, what have you done?
Max The Magnificent   10/18/2012 1:55:57 PM
NO RATINGS
"You don't have to believe in 'The Flying Spaghetti Monster'" You don't HAVE to ... but sometimes it helps :-)

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