This report examines the short-and medium-term economic and profitability outlook for Canada’s Computer Services Industry.
Canadian Industrial Outlook: Computer Services—Spring 2017
Canadian Industrial Outlook: Computer Services—Spring 2017
Industry Economic Analysis
$925.00
- Boom in Demand—Output has expanded at an average annual pace of 5.4 per cent over the last five years. Continuous development of new computer products has supported software development and related services, helping to offset the effects of a sluggish domestic economy.
- Small IT Firms—A strong pace of innovation has allowed for greater specialization and lower barriers to entry. The result is a rise in the number of small IT firms, though these firms are at risk when large companies ramp up their spending.
- Cybersecurity—Computer services firms often have access to large amounts of confidential client data, leaving them exposed to indemnity claims resulting from data breaches.
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