Canadian software companies bullish
Vancouver Sun: “Canadian software companies bullish”
Expectations are for increased IT spending by business, doubling revenues
This is great news for Canadian businesses. We’re seeing the same trend in Vancouver as well, technology companies are busy hiring and securing new office space.
“What we are seeing is an interest on behalf of the ISVs [independent software vendors] to be able to capitalize on IT as a strategic asset,” said Dixon. “They are developing solutions for customers so those customers can get more out of their IT today.
“It is about making innovative new investments in IT to realize new business opportunities.”
Basic business lesson?
1) New investments should help realize new business opportunities! (Makes sense to me. Applies to both customers and vendors)
2) Customer focus is a good thing! (Amazing how much more willing people are to buy something that actually solves their problems or helps them gain an advantage. Let us never forget this!)
“…Canadian companies are finally following their American neighbours and becoming more aggressive in using new technology to gain a competitive advantage, improve efficiencies and bolster the bottom line.”
Did you notice “finally”?
In any case …
[928 companies * $12.2 million/ea] => a nice increase over 3 years. And with customer focus and solutions that actually solve strategic challenges we might even see the growth continue.
roar at roarweb dot com
