Standing with the wealthiest nations of the world, Canada is the fourteenth largest economy over the world. Software companies are one of the impacting factors of the economy of the country. Around 8000 software companies are in the country providing support to Canada’s position in the changing global economy.
According to ‘Emerging company services’ report, Canadian companies receive only 39% of the dollars that are paid to the American competitors of Canada. Yet, the software companies sector is sharing 32.4% in revenues i.e., 43 billion dollars, 39.4% in GDP, 61.7% of employment, 40% in research and development among the sub-sectors of Information and Communication Technology fields of the country. The average annual earnings of the software companies were $85,424. Around 15 billion of software as well as computer services are reported in the exports during 2014.
Software publishers, Computer systems design, Accounting software, data processing, e-health technology, mobile-software development and entertainment software are the major works of Canadian software companies.
Video gaming is one of the aspects that brought reputation to Canada. Canada possesses talented human resources that the country has the third largest number of employees working on gaming, in the world. The companies of the nation take up all the task of gaming like designing and engineering the components etc.
According to Chris O’Neill, Managing Director, Google Canada, “Canada is one of the world’s leaders in mobile- software development. Venture capitalists have started taking note.” The arrival of tablets, gaming consoles, success of motion-sensor games, increased use of smart phones have boosted the entertainment software industry’s development.
Many major software companies are looking towards Canada and few of the companies have already placed their offices in the country. 30 companies out of 50 companies that won Employees’ Choice Awards (U.S.), have their offices in Canada. The tax rates are favorable that the world class companies of software sector are paying interest in Canada. Most of the reputed software companies have set up their offices in Canada.
The companies follow the contemporary trends regularly and update with the computing advancements like cloud computing, SOA etc.
The technology salaries have seen minimum 4% percent growth for all job positions during 2014-15 and few of the roles like Mobile Application Developer has the growth of 9%.
It was forecasted that Canada would spend $93 billion (in U.S. dollars) on software services in 2015, considering the increasing rate till date, and this would be 2.3 percent increase as per 2014 spending. Even after providing the good per cent of employment opportunities, the software companies are facing the lack of stuffed staff who can work on big projects and they are trying to overcome this, planning different strategies. Data driven strategies, technology enabled benefit programs, big data, niche job boards, data security management are few of the further hiring trends from the insiders of the industry which would help them to deal with the issue.
The expectations of the future developments are a bit high comparing with the advancement of the technology that the two decades has seen; but the companies as well as R&D departments are trying to meet the expectations.
|6||Amaya Gaming Group||Pointe-Claire||QC|
|8||Descartes Systems Group||Waterloo||ON|
|15||VendTek Systems||Port Coquitlam||BC|
|17||Computer Modelling Group||Calgary||AB|
|18||Mediagrif Interactive Technologies||Longueuil||QC|
|19||Zedi (technology segment)||Calgary||AB|
|Software Companies in Australia||Software Companies in Africa|
|Software Companies in Melbourne||Software Companies in Nigeria|
|Software Companies in Sydney||Software Companies in Benin|
|Software Companies in Perth ...More||Software Companies in Uganda ...More|
|Software Companies in Canada||Software Companies in China|
|Software Companies in Alberta||Software Companies in Beijing|
|Software Companies in Quebec||Software Companies in Hong Kong|
|Software Companies in Ontario ...More||Software Companies in Shanghai ..More|
|Software Companies in India||Software Companies in UK|
|Software Companies in Bangalore||Software Companies in London|
|Software Companies in Hyderabad||Software Companies in Bristol|
|Software Companies in Mumbai ...More||Software Companies in Hampton ...More|
|Software Companies in US|
|Software Companies in Alaska|
|Software Companies in Florida|
|Software Companies in Georgia ...More|