The report provides an update on initiatives to promote Toronto's Information and Communications Technology sector. It outlines activities to strengthen the sector through partnerships with schools and industry to boost the talent pipeline and address future labor demands. Recommendations include continuing to report back on the state of the ICT industry and success of initiatives to promote the sector.
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As in the real world, the digital economy has also thrown up its share of shifting buzzwords. From ‘e-Commerce’ and ‘dot.com’ at the turn of the century, the last couple of years have thrown up ‘ICT’ as the all encompassing technology and for business the newest buzz is undoubtedly ‘outsourcing’. Rarely has a single trend impacted global business and industry these last few years as much as outsourcing or ‘off-shoring’ as it is referred to in the US. Coming along with the compulsions of globalisation mandated by the WTO agreements it has helped develop new markets, improved bottom lines, expanded the range of goods and services and pulled the planet together into a tighter-knit community. This opportunity of outsourcing from the perspective of developing economies is ICT services export.
Financing for Development; unlocking investment opportunities through Digital...Ugochukwu Agu
I have proposed unlocking investment opportunities through Digital Vocational Academy (VDA) as part of the financing for development in Liberia. However, it is fair to re-emphasized that ICTs are tools; they are not ends in themselves. Following the increase in demand for new skills in the new knowledge economy, ICTs have become means to reach economic ends. Technology is a manifestation of human creativity channelled towards problem-solving. Such innovative application of modern ICTs in skill development among disadvantaged youth and women will be the driving force in fulfilling the SDGs while partnering the private sector.
A Rainbow Technology for a Rainbow People: E-Business Capacity Development fo...Alwyn Didar Singh
Why does the CARICOM need capacity development in E-Business?
As e-Commerce growth becomes more and more significant, the CARICOM countries will need not just to understand, but in fact to actively engage in it. Not only for realizing it’s potential of growth for their trade and industry but also as a means of survival in the new world of e-Commerce-based trade and business. Their ability to do so will depend on several factors, such as their infrastructure, both physical (the telecommunication network), as well as the financial and legal framework, including the business and trade environment conducive to e-Business. It will also depend on the availability and price of hardware (computers, routers, switches etc.) and software, as well as the human resource and education standards of the country.
As in the case of several developing countries, these essential ‘factors of eproduction’, so to speak are not necessarily in place or are in limited supply. In order to take active part in the new economy as well as be prepared for the adaptation and use of e-Business for old economy transactions especially for international trade and commerce, these countries and their enterprises need to come up to speed and become e-enabled. Section I of this report outlines the objectives, methodology and rationale for the study and also places in perspective the importance of e-Business for developing countries such as those of the Caribbean. The CARICOM member states also need to prepare for discussions on e-Commerce in the international arena, especially the WTO and FTAA. They need to understand, and assess carefully from their perspective, the pros and cons of the different proposals and issues in this connection that could emerge at these forums. They will thus need to appreciate the possible impact of this new phenomenon on their economies and work out appropriate strategies and responses to it. This section also summarizes these issues.
In order therefore to develop an e-Business capacity development strategy, this CFTC Mission, was so designed as to first carry out a diagnostic analysis to assess how e-Ready the CARICOM member states are and then make recommendations towards a possible blueprint for the future.
LinkedIn, office space toronto, toronto commercial office space, toronto executive office space, toronto office space for rent, commercial real estate toronto, toronto commercial real estate, sublease office space toronto
As in the real world, the digital economy has also thrown up its share of shifting buzzwords. From ‘e-Commerce’ and ‘dot.com’ at the turn of the century, the last couple of years have thrown up ‘ICT’ as the all encompassing technology and for business the newest buzz is undoubtedly ‘outsourcing’. Rarely has a single trend impacted global business and industry these last few years as much as outsourcing or ‘off-shoring’ as it is referred to in the US. Coming along with the compulsions of globalisation mandated by the WTO agreements it has helped develop new markets, improved bottom lines, expanded the range of goods and services and pulled the planet together into a tighter-knit community. This opportunity of outsourcing from the perspective of developing economies is ICT services export.
Financing for Development; unlocking investment opportunities through Digital...Ugochukwu Agu
I have proposed unlocking investment opportunities through Digital Vocational Academy (VDA) as part of the financing for development in Liberia. However, it is fair to re-emphasized that ICTs are tools; they are not ends in themselves. Following the increase in demand for new skills in the new knowledge economy, ICTs have become means to reach economic ends. Technology is a manifestation of human creativity channelled towards problem-solving. Such innovative application of modern ICTs in skill development among disadvantaged youth and women will be the driving force in fulfilling the SDGs while partnering the private sector.
A Rainbow Technology for a Rainbow People: E-Business Capacity Development fo...Alwyn Didar Singh
Why does the CARICOM need capacity development in E-Business?
As e-Commerce growth becomes more and more significant, the CARICOM countries will need not just to understand, but in fact to actively engage in it. Not only for realizing it’s potential of growth for their trade and industry but also as a means of survival in the new world of e-Commerce-based trade and business. Their ability to do so will depend on several factors, such as their infrastructure, both physical (the telecommunication network), as well as the financial and legal framework, including the business and trade environment conducive to e-Business. It will also depend on the availability and price of hardware (computers, routers, switches etc.) and software, as well as the human resource and education standards of the country.
As in the case of several developing countries, these essential ‘factors of eproduction’, so to speak are not necessarily in place or are in limited supply. In order to take active part in the new economy as well as be prepared for the adaptation and use of e-Business for old economy transactions especially for international trade and commerce, these countries and their enterprises need to come up to speed and become e-enabled. Section I of this report outlines the objectives, methodology and rationale for the study and also places in perspective the importance of e-Business for developing countries such as those of the Caribbean. The CARICOM member states also need to prepare for discussions on e-Commerce in the international arena, especially the WTO and FTAA. They need to understand, and assess carefully from their perspective, the pros and cons of the different proposals and issues in this connection that could emerge at these forums. They will thus need to appreciate the possible impact of this new phenomenon on their economies and work out appropriate strategies and responses to it. This section also summarizes these issues.
In order therefore to develop an e-Business capacity development strategy, this CFTC Mission, was so designed as to first carry out a diagnostic analysis to assess how e-Ready the CARICOM member states are and then make recommendations towards a possible blueprint for the future.
MIT TR - Colombia ICT Ecosystems - Intl Trends in ICT - Rpt 1 - Jan 28 2014Burton Lee
"International ICT Trends" Report for Colombian Ministry of ICT (MinTIC) [www.mintic.gov.co], Minister Diego Molano, Govt of Colombia. Performed by MIT Technology Review, Cambridge, Mass, during August 2013 to Feb 2014. Primary author: Cynthia Graber. Co-authors: Erik Pages, Ellen Harpel, Burton Lee, Antoinette Matthews. Report 1 of 2 reports done for MinTIC. Project lead: Antoinette Matthews.
Digital Asia – ASEAN in ascendence. Team Finland Future Watch Report, May 2016Didar Kaitasalo
In Asia, three trends are driving digitalisation: mobile commerce, business intelligence and smart infrastructures. These will have a significant short- to midterm impact on companies and customers, and ways of doing business. See how digital transformation is shaping the future business landscape in Singapore, Vietnam and Philippines. Areas covered: Fintech: New lending models, mobile payments, blockchain
Accenture report "Accelerating Europe's comeback: Digital opportunities for competitiveness and growth released at the European Business Summit (EBS) on May 15, 2014
This report report from Brookings, with Rockefeller Foundation support, shows that building up a region’s advanced industries is one such possibility with enormous potential. These industries not only create good jobs within the industry, but also up and down their massive supply chains. These jobs provide higher wages and greater opportunity to low and middle-income workers adversely affected by the economic recession.
Ahead of the provincial elections on May 9, we would like to help our community get a better sense of the three BC political party platforms to advance the tech sector. Here’s a summary of key tech-related promises in the three platforms as it relates to BCTECH Association’s policy pillars: talent, capital, markets, scale and competitiveness. Vote for BC. Vote for Tech.
The global economy is being covered by a gloomy gray area caused by Covid-19 pandemic - a miserable event that human history has never witnessed in the last century. People from all social classes, small and large businesses have been substantially affected by Covid-19, including the technology sector. The compulsory governmental campaign "Social distancing" has forced businesses to turn on their "survival" mode, which means a series of cost-cutting measures have been implemented.
However, there will always be an opportunity in the most difficult period, in this situation, is the flexibility and creativity in the adaptation of many domestic businesses. Vietnam is one of the countries with a young population in the world, with a population of 100 million and more than 150 million mobile devices, 70% of them connected to the Internet. As a result, it seems that Vietnam has prepared for changes especially for enterprise digitization which is currently being promoted strongly than ever.
The keywords #SocialDistancing #WorkFromHome have been hot topics recently. How businesses turned from bad to good? How did they change in this difficult period? In this report, TopDev will partly illustrate the digital transformation outlook of the Vietnam IT market as well as suggest suitable solutions for businesses in need for support at this tough time.
Report by: https://topdev.vn
Introducing and implementing the EUCIP Core training programme can only be efficient and successful if young professionals completing the training have a chance to be employed not only in Europe but also in Hungary. In the framework of the I-TShape project, the Pest County Foundation for Enterprise Promotion (PFEP) undertook to survey Hungarian stakeholders of the economy to assess the infrastructural background of various businesses, the status of this infrastructure, the conditions of its operation and the expectations towards professionals who operate and develop it. The results and conclusions of the survey are important for us, as we can use them in designing a training programme tailored to the needs of the Hungarian market demands that and then integrating it into the vocational training system in Hungary.
Annual Deloite Central Europe Technology Top 50 program, the most prominent and respected ranking of the region's fastest growing technology companies.
MIT TR - Colombia ICT Ecosystems - Intl Trends in ICT - Rpt 1 - Jan 28 2014Burton Lee
"International ICT Trends" Report for Colombian Ministry of ICT (MinTIC) [www.mintic.gov.co], Minister Diego Molano, Govt of Colombia. Performed by MIT Technology Review, Cambridge, Mass, during August 2013 to Feb 2014. Primary author: Cynthia Graber. Co-authors: Erik Pages, Ellen Harpel, Burton Lee, Antoinette Matthews. Report 1 of 2 reports done for MinTIC. Project lead: Antoinette Matthews.
Digital Asia – ASEAN in ascendence. Team Finland Future Watch Report, May 2016Didar Kaitasalo
In Asia, three trends are driving digitalisation: mobile commerce, business intelligence and smart infrastructures. These will have a significant short- to midterm impact on companies and customers, and ways of doing business. See how digital transformation is shaping the future business landscape in Singapore, Vietnam and Philippines. Areas covered: Fintech: New lending models, mobile payments, blockchain
Accenture report "Accelerating Europe's comeback: Digital opportunities for competitiveness and growth released at the European Business Summit (EBS) on May 15, 2014
This report report from Brookings, with Rockefeller Foundation support, shows that building up a region’s advanced industries is one such possibility with enormous potential. These industries not only create good jobs within the industry, but also up and down their massive supply chains. These jobs provide higher wages and greater opportunity to low and middle-income workers adversely affected by the economic recession.
Ahead of the provincial elections on May 9, we would like to help our community get a better sense of the three BC political party platforms to advance the tech sector. Here’s a summary of key tech-related promises in the three platforms as it relates to BCTECH Association’s policy pillars: talent, capital, markets, scale and competitiveness. Vote for BC. Vote for Tech.
The global economy is being covered by a gloomy gray area caused by Covid-19 pandemic - a miserable event that human history has never witnessed in the last century. People from all social classes, small and large businesses have been substantially affected by Covid-19, including the technology sector. The compulsory governmental campaign "Social distancing" has forced businesses to turn on their "survival" mode, which means a series of cost-cutting measures have been implemented.
However, there will always be an opportunity in the most difficult period, in this situation, is the flexibility and creativity in the adaptation of many domestic businesses. Vietnam is one of the countries with a young population in the world, with a population of 100 million and more than 150 million mobile devices, 70% of them connected to the Internet. As a result, it seems that Vietnam has prepared for changes especially for enterprise digitization which is currently being promoted strongly than ever.
The keywords #SocialDistancing #WorkFromHome have been hot topics recently. How businesses turned from bad to good? How did they change in this difficult period? In this report, TopDev will partly illustrate the digital transformation outlook of the Vietnam IT market as well as suggest suitable solutions for businesses in need for support at this tough time.
Report by: https://topdev.vn
Introducing and implementing the EUCIP Core training programme can only be efficient and successful if young professionals completing the training have a chance to be employed not only in Europe but also in Hungary. In the framework of the I-TShape project, the Pest County Foundation for Enterprise Promotion (PFEP) undertook to survey Hungarian stakeholders of the economy to assess the infrastructural background of various businesses, the status of this infrastructure, the conditions of its operation and the expectations towards professionals who operate and develop it. The results and conclusions of the survey are important for us, as we can use them in designing a training programme tailored to the needs of the Hungarian market demands that and then integrating it into the vocational training system in Hungary.
Annual Deloite Central Europe Technology Top 50 program, the most prominent and respected ranking of the region's fastest growing technology companies.
ICTLabs™ International is a new initiative, it is a company represents the interest of high profile Technology Syndicate working to enhance the ICT foundation and industries in the emerging market, through establishing local initiatives aimed at R&D output commercializing, attracting foreign investment into emerging markets, developing the means to transfer technology and facilitate technology diffusion.
My task is to promote the concept of ICT for Development via creating the ecosystem that all the Technology partners will collaborate through, for both funding the Technology Research & Development or adopting the Information & Communication Technology programs. I’m a member of the Foundation Committee and the Directors Board as well.
MIT TR - Colombia ICT Ecosystems - Innovation Policy Report - Rpt 2 - Mar 5 2014Burton Lee
"Innovation Policy Report" with recommendations for Colombian Ministry of ICT (MinTIC) [www.mintic.gov.co], Minister Diego Molano, Govt of Colombia, March 5 2014. Performed by MIT Technology Review, Cambridge, Mass, during August 2013 to Feb 2014. Co-authors: Erik Pages, Ellen Harpel, Burton Lee, Antoinette Matthews. Report 2 of 2 reports done for MinTIC. Project lead: Antoinette Matthews.
Loh Siew Meng presented a comparative study of ICT planning and development in Singapore and Nigeria to an audience at the prestigious Ahmadu Bello University, Zaria.
Saudi Arabia: The National Communications and Information Technology PlanUnited Interactive™
Ministry of Communications and Information Technology, Kingdom of Saudi Arabia: The National Communications and Information Technology Plan - The Vision Towards the Information Society
1. STAFF REPORT
ACTION REQUIRED
Information and Communications Technology (ICT)
Initiatives Update Report
Date: October 27, 2011
To: Economic Development Committee
From: General Manager, Economic Development and Culture
Wards: All
Reference
Number:
SUMMARY
The purpose of this report is to provide an update on the current and upcoming activities
that staff have been implementing to ensure the Information and Communications
Technology (ICT) sector is moving forward and expanding in Toronto. There are a
number of activities the City has been working on since a presentation was made to the
Economic Development Committee on March 31, 2011.
RECOMMENDATIONS
The General Manager, Economic Development and Culture recommends that the
Economic Development Committee:
1. Request the General Manager, Economic Development and Culture, to report
back in mid-2012 on the state of the ICT industry and the success of initiatives to
promote and strengthen the ICT sector including labour force trends.
Financial Impact
There are no financial impacts resulting from the adoption of this report.
Information and Communications Technology Update
2. DECISION HISTORY
At its meeting on March 31, 2011, the Economic Development Committee requested the
General Manager, Economic Development and Culture to report back on how the City
can facilitate the promotion of ICT careers in the secondary schools through
organizations such as the ICTC, its FIT program and other activities.
The Committee also requested an update on recent initiatives in the ICT Sector.
ISSUE BACKGROUND
In November 2010, the City published a report, Canada's High Tech Hub: Toronto,
http://www.toronto.ca/business_publications/pdf/ICT-Report_March2011.pdf
for Technicity, an annual conference that brings together the ICT industry. That report
focused on three areas - Talent, Research and Development (R&D), and Investment in
the ICT sector. It was prepared by Economic Development & Culture based on
information from Statistics Canada, IDC Canada, MaRS Discovery District, the Toronto
Region Research Alliance (TRRA), the Impact Group, KPMG and the Government of
Ontario.
Canada's High Tech Hub: Toronto indicated that the sector employs over 161,000
workers (56.4% of all ICT workers in Ontario and 30% of all ICT workers in Canada).
This is an increase of 30,000 jobs since the last analysis was completed in 2004.
The ICT sector workforce is young and enjoys high employment (over 60% of its
workforce under the age of 45 and boasts a 95.9% employment rate or 4.1%
unemployment rate). Their average wage is $64,725 (6.6% above the Toronto average).
They are also well educated (96.8% have a post-secondary certificate, diploma or degree,
compared with 88.9% for the city's total labour force). Currently, the Toronto ICT
industry is growing and firms are actively recruiting new staff.
The sector has 11,522 companies that generated $52.2 billion in revenues with $21.8
billion in the manufacturing subsector and $30.4 billion in the services sector. The sector
is dominated by small to medium sized firms with fewer than 100 employees (97.7%).
The numbers of service sector firms have grown 20% from 8,776 to 10,917 from 2002 to
2009.
Although Toronto is the dominant force in the ICT industry in Canada, the report
revealed that there is a decline of post secondary graduates in ICT related disciplines.
The decline in ICT graduates has also been cited in ongoing research by the Information
and Communications Technology Council (ICTC) and was discussed in greater detail in a
report, Outlook for Human Resources in the ICT Labour Market, 2011-2016. Over the
next five years, Canadian employers will need to hire an estimated 106,000 ICT workers.
It is estimated that Toronto would require approximately 35,000 personnel. Industry
Information and Communications Technology Update
3. demands for ICT personnel are ever increasing but the supply of qualified candidates has
not kept up with these demands.
Senior executives from the ICT sector who attended the Technicity conference discussed
various challenges and opportunities facing the sector, including the demand for more
ICT workers.
COMMENTS
The ICT industry is a key strategic sector in Toronto. It is large (with over 160,000
workers and 11,500 firms), growing, innovative, young and generates well paid jobs. In
addition to being a major industry in and of itself, the ICT sector is also a critical enabler
supporting virtually all other sectors, from manufacturing to financial services to film and
television.
With the City of Toronto's overall unemployment rate at 8.7% (and the Toronto region at
7.3%) and with a youth (15 to 24 years) unemployment rate now at 20.25%, proactively
nurturing the health and vitality of the ICT sector is essential for economic success.
Economic Development & Culture Division – Sector Development staff are engaged in a
number of initiatives that help bolster the ICT industy through peer development
opportunities, mentoring, start-up programs and expansion and business to business
networking activities.
The ICT industry thrives on creativity and innovation; attributes found throughout
Toronto's diverse labour force and youth. Staff are engaged in a number of initiatives to
encourage young people to pursue ICT careers as a means of improving their own and the
city's prosperity. To address the need for ICT talent, staff are working with the ICTC to
promote ICT training and entrepreneurship to secondary school students.
Through Technicity, a forum for senior level ICT industry executives, and other related
industry conferences, City staff and ICTC have developed a CEO ICT outreach program.
This program recruits senior executives and entrepreneurs as volunteers from various
sized ICT firms to discuss career opportunities with secondary school students. The
selection of a suitable career focus starts in secondary school, and thus, the outreach by
ICT professionals to this demographic is critical in the promotion of ICT careers.
In addition to the CEO ICT outreach program staff are working with the ICTC on several
initiatives to help students jump start careers in the sector. The Focus on Information
Technology (FIT) program provides high school students with the opportunity to work in
hands-on situations at post-secondary institutions, tours of local businesses, guest
speakers and duel credit courses to help them gain entry into the ICT sector. Upon
completion, the program rewards students with an industry approved certificate. The
secondary schools currently taking part in the FIT program are:
Georges Vanier Collegiate Institute, (Don Mills and Finch)
Information and Communications Technology Update
4. William Lyon Mackenzie Collegiate Institute, (Sheppard and Wilson Heights)
George Harvey Collegiate Institute, (Keele and Eglinton)
Northview Secondary School, (Bathurst and Finch
SATEC @ Porter Collegiate Institute, (Warden, north of St. Clair)
L'Amoreaux Collegiate Institute, (Warden, north of Finch)
David and Mary Thompson Collegiate Institute, (Brimley and Lawrence)
Yorkdale Secondary and Adult Learning Centre, (Dufferin and 401)
St. Basil the Great, (Albion and Weston)
EDC staff are also exploring how the CEO ICT outreach program and the FIT program
can be customized to engage youth and their participation in the ProTech Media Centres.
The Centres provide skills development and workforce training opportunities for youth in
priority neighbourhoods.
ICTC, in conjunction with the School of Information and Communications Technology at
Seneca College, hosts learning days at its Newnham campus. Over 200 secondary school
students explore and experiment with computers through activities designed to stimulate
their interest in a technology-related field. These events consist of numerous hands-on
workshops in areas such as electronic circuits, communications and control systems,
computer programming and networking, and computer hardware and software
configurations. Interactive lecture and laboratory sessions in structured programming
techniques are also provided.
Economic Development & Culture Division staff are working to engage secondary
school students and teachers through tours of ICT incubators in the city, including
Ryerson University's Digital Media Zone (DMZ) and George Brown College's gaming
incubator. At these incubators, EDC staff are providing business advisory services and
facilitating business expansion.
Staff are also engaged in the following activities which help to promote ICT careers:
ICT is one of the sector workshops at the Internationally Educated Professionals
(IEP) Conference that the City co-organizes every year (the next one is on
February 10, 2012 at the Metro Toronto Convention Centre), which seeks to
provide information to IEPs to advance their careers in Toronto (see www.iep.ca).
Through the Youth Employment Partnerships (YEP) program staff in Social
Development, Finance & Administration (SDFA) engage youth in discussions
about ICT careers (see http://www.toronto.ca/yep/).
Toronto Employment and Social Services (TESS) and EDC staff work to match
Toronto residents with jobs.
EDC staff are engaged in the CFO Technology Forum, a networking group of C-
suite executives at ICT companies who share and exchange learning and
mentoring business experiences at quarterly meetings.
Information and Communications Technology Update
5. Technicity 2011 will be held on November 22 at the Metro Toronto Convention
Centre. This forum provides senior representatives from the ICT sector with
opportunities to mobilize and strengthen the sector.
City staff are collaborating with the Toronto chapter of the International Game
Developers Association (IGDA) to build greater synergy within the cluster and to
raise greater awareness of career opportunities in the digital gaming/interactive
sub-sector and attract and retain talent.
The Toronto Board of Trade has established a Technology Forum to promote and
highlight the strengths, growth, employment opportunities, and importance of the
ICT cluster to the city's economy. Staff are participating on the Board's Advisory
Committee.
EDC is also partnering with the Ontario Media Development Corporation
(OMDC) and the Mobile Experience Innovation Centre of OCAD University on a
mobile research study. The study will report on the developments in the mobile
application sector and highlight the educational and skills requirements for current
and emerging careers in the mobile application market.
Microsoft's Worldwide Partner Conference, awarded to Toronto earlier this year,
will take place from July 8 to 12, 2012. This major international conference will
feature exhibits, workshops and product launches. EDC staff are working with
conference organizers to develop programming to highlight the career
opportunities and increasing employment prospects within the ICT sector. Over
15,000 delegates from 191 countries are expected to attend. The conference will
raise Toronto's profile as an ICT hub and create a positive "buzz" about Toronto's
ICT sector.
CONCLUSION
The ICT industry thrives on creativity and innovation and requires collaboration and
partnerships to succeed. Many of the initiatives listed above that staff are leading or
participating in are focussed on strengthening existing relationships and helping to build
new ones. Diversity is Toronto's strength, however, it does take a directed and concerted
effort to take best advantage of the benefits diversity offers. Forums such as Technicity
have been widely applauded by industry for bringing together senior decision makers
from many different sub-sectors of the ICT cluster and creating opportunities for
partnership development.
Similarly, facilitating the partnerships between industry leaders and colleges, universities
and high schools to ensure high quality and relevant training programs and to encourage
youth to consider careers in this high growth industry have also been successful. These
initiatives and others to develop the ICT sector have contributed to the growth of the
industry, job creation, and attracting global recognition for Toronto as a centre of
Information and Communications Technology Update
6. creativity and innovation. Recent announcements by Google, Zynga, Microsoft,
Gameloft, and others demonstrate private sector confidence in the vitality of the ICT
sector in Toronto. A strong and growing ICT sector, in turn, contributes to the strength
of other key industry sectors within Toronto.
CONTACT
Joe Mazzei, Senior Advisor, ICT, 416 392-3482, fax: 416 392-3374, jmazzei@toronto.ca
SIGNATURE
_______________________________
Michael H. Williams General Manager, Economic Development and Culture
Information and Communications Technology Update