This report examines the short-and medium-term economic and profitability outlook for Canada’s computer services industry.
Canadian Industrial Outlook: Computer Services—Autumn 2017
Canadian Industrial Outlook: Computer Services—Autumn 2017
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Poaching Risks—Many industries are becoming increasingly reliant on computer services and are opting to internalize their IT operations. As a result, computer services firms are at risk of having their workers poached by other sectors.
Start-Ups—New business mediums and lower barriers to entry have led to a rising number of small IT firms. These firms are highly specialized and have the potential to disrupt the business model of large incumbents.
Business Investment—After a strong start to the year, domestic business investment is on track to increase in 2017, the first time in three years. The uptick will ensure industry demand remains strong in the short term.