Technology will continue to play a big role in terms of the global economy. Countries need to revisit their various policies as part of supporting the technology sector in their country.
This document discusses various emerging technologies and provides recommendations to support technology growth in Canada and globally. It outlines the top technologies for 2020 including 5G, drones, wearables, 3D printing, edge computing, blockchain, quantum computing, IoT, robotics and AI. It also discusses characteristics of fast growing companies including exporting products worldwide and embracing transparency. The document recommends that governments support up-and-coming tech companies through initiatives like export development and leveraging trade deals.
Technology and innovation are an integral part of running a show-stopping event. This presentation showcases examples of Smart & “Green” event technologies available today that will help you streamline the organisation process of your event, enhance delegate experience and increase the performance of your event.
Outcomes:
Understand benefits of using green technologies
Able to articulate examples to clients
Able to use and source examples discussed during your own events
With the advent of the Internet, everyday devices are now interconnected. Due to the proliferation of the IoT, several offices and homes have become smart –functioning through connected devices. Increased usage of smart devices such as smart phones and tablets is pushing the demand for IoT monetization. It is a trend that is becoming a serious business activity for many and opening doors for future growth.
Canada - What is next for Manufacturing | February 2022 and January 2022 paul young cpa, cga
Manufacturing sales rose for the fourth consecutive month, up 0.6% to $64.8 billion in January on higher sales in 14 of 21 industries, led by the petroleum and coal (+6.8%) and wood (+6.5%) product industries. The gain was partially offset by lower sales of motor vehicles (-17.5%). On a year-over-year basis, total manufacturing sales were up 13.4% in January.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220315/dq220315a-eng.htm
Industrial internet of things (iiot) marketSurendra Kumar
The global industrial internet of things (IIoT) market is growing rapidly due to improved operational efficiency and manufacturing processes enabled by IIoT technologies. Major players are focusing on partnerships and acquisitions to expand their service offerings and geographical presence. The market is expected to reach $783.8 billion by 2025, growing at 23.7% annually from 2017 to 2025. The software segment is projected to see the highest growth rate due to increased adoption by large industries. Asia Pacific will display robust growth powered by China and India's increasing investments in technology.
Markntel Advisors Digital Twin Market Analysis, 2019ShivaKumar1833
Global Digital Twin market is expected to grow in the coming years owing to increasing demand for the Internet of Things (IoT) in the industrial sector and rising adoption of a virtual model for the production line. Moreover, surging use of connected devices and Market 4.0 in manufacturing technologies as an application of mining and data analytics are further contributing to the sales growth of digital twin throughout the globe
For more detail call us at +1 (613) 707-5086 or +91 120 4725470
Canada already had a vibrant technology sector
Moving ideas from incubation to market takes time and moneys
Trudeau’s has increase taxes (hikes to CPP – 2019 or Carbon Taxation or elimination of tax credits - https://www.slideshare.net/paulyoungcga/middle-class-canada-february-2018
It will take a balance of policies to support economic. It is not one policy that drives the economy. The Liberals see to focus on increase taxes and giving handouts.
CPC in the past supported wide range of policy changes to support business investment - http://mb.cme-mec.ca/?lid=YXN82-W3NF7-IC132&comaction=show&cid=3CWP8-FKASM-JYNFE
This document provides an agenda for discussing the world economy and what's next. It outlines several topics for discussion, including GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, debt, infrastructure, the green economy, job quality, trade, ecommerce, housing affordability, and more. For each topic, it lists relevant sources and links to additional slides and analyses on each subject. The conclusion discusses that governments should audit their crisis responses and focus on balancing the economy with other priorities, reforming taxation and organizations, and addressing issues like housing, infrastructure, and geopolitics.
This document discusses various emerging technologies and provides recommendations to support technology growth in Canada and globally. It outlines the top technologies for 2020 including 5G, drones, wearables, 3D printing, edge computing, blockchain, quantum computing, IoT, robotics and AI. It also discusses characteristics of fast growing companies including exporting products worldwide and embracing transparency. The document recommends that governments support up-and-coming tech companies through initiatives like export development and leveraging trade deals.
Technology and innovation are an integral part of running a show-stopping event. This presentation showcases examples of Smart & “Green” event technologies available today that will help you streamline the organisation process of your event, enhance delegate experience and increase the performance of your event.
Outcomes:
Understand benefits of using green technologies
Able to articulate examples to clients
Able to use and source examples discussed during your own events
With the advent of the Internet, everyday devices are now interconnected. Due to the proliferation of the IoT, several offices and homes have become smart –functioning through connected devices. Increased usage of smart devices such as smart phones and tablets is pushing the demand for IoT monetization. It is a trend that is becoming a serious business activity for many and opening doors for future growth.
Canada - What is next for Manufacturing | February 2022 and January 2022 paul young cpa, cga
Manufacturing sales rose for the fourth consecutive month, up 0.6% to $64.8 billion in January on higher sales in 14 of 21 industries, led by the petroleum and coal (+6.8%) and wood (+6.5%) product industries. The gain was partially offset by lower sales of motor vehicles (-17.5%). On a year-over-year basis, total manufacturing sales were up 13.4% in January.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220315/dq220315a-eng.htm
Industrial internet of things (iiot) marketSurendra Kumar
The global industrial internet of things (IIoT) market is growing rapidly due to improved operational efficiency and manufacturing processes enabled by IIoT technologies. Major players are focusing on partnerships and acquisitions to expand their service offerings and geographical presence. The market is expected to reach $783.8 billion by 2025, growing at 23.7% annually from 2017 to 2025. The software segment is projected to see the highest growth rate due to increased adoption by large industries. Asia Pacific will display robust growth powered by China and India's increasing investments in technology.
Markntel Advisors Digital Twin Market Analysis, 2019ShivaKumar1833
Global Digital Twin market is expected to grow in the coming years owing to increasing demand for the Internet of Things (IoT) in the industrial sector and rising adoption of a virtual model for the production line. Moreover, surging use of connected devices and Market 4.0 in manufacturing technologies as an application of mining and data analytics are further contributing to the sales growth of digital twin throughout the globe
For more detail call us at +1 (613) 707-5086 or +91 120 4725470
Canada already had a vibrant technology sector
Moving ideas from incubation to market takes time and moneys
Trudeau’s has increase taxes (hikes to CPP – 2019 or Carbon Taxation or elimination of tax credits - https://www.slideshare.net/paulyoungcga/middle-class-canada-february-2018
It will take a balance of policies to support economic. It is not one policy that drives the economy. The Liberals see to focus on increase taxes and giving handouts.
CPC in the past supported wide range of policy changes to support business investment - http://mb.cme-mec.ca/?lid=YXN82-W3NF7-IC132&comaction=show&cid=3CWP8-FKASM-JYNFE
This document provides an agenda for discussing the world economy and what's next. It outlines several topics for discussion, including GDP growth, commodities, stock markets, geopolitical risks, unemployment rates, growth areas, COVID-19 deficit spending, debt, infrastructure, the green economy, job quality, trade, ecommerce, housing affordability, and more. For each topic, it lists relevant sources and links to additional slides and analyses on each subject. The conclusion discusses that governments should audit their crisis responses and focus on balancing the economy with other priorities, reforming taxation and organizations, and addressing issues like housing, infrastructure, and geopolitics.
The document discusses the potential economic impact and value of artificial intelligence (AI) technologies. Some key points:
- Global GDP could be 14% higher by 2030 due to AI, equivalent to an additional $15.7 trillion in economic value. China and North America are expected to see the largest boosts of up to 26% and 14% respectively.
- The majority of GDP gains will come from increased productivity and consumption enabled by AI. Productivity gains will be driven by automation of processes and augmentation of human workers. Consumption gains will come from personalized and higher quality AI-enhanced products and services.
- Retail, financial services, and healthcare are identified as sectors that could see the biggest gains from AI
The document discusses cybersecurity trends in South Africa. Some key points:
1. South Africa has a growing cybersecurity market due to increasing digital transformation and cyber attacks targeting sectors like financial services and healthcare.
2. The cybersecurity market in South Africa is expected to grow from $667 million in 2017 to over $1 billion by 2022, as enterprises allocate more of their IT budgets to security.
3. Common causes of data breaches in South Africa include malicious attacks and human errors, with the financial cost estimated to be around $200 million per year.
The World Economic Forum has recently launched The Global Information Technology Report 2013.
In this presentation we have tried to put some important find outs from the same report and few other news and information from global media.
Coronavirus Impact Assessment And Mitigation Strategies In ICT Industry Compl...SlideTeam
Risk Mitigation Strategy ICT Industry The PowerPoint template is useful tool in presenting coronavirus impact assessment and mitigation strategies associated to ICT industry. It covers details regarding the ICT sector overview with market drivers and major areas of sector and how ICT sector has been affected during COVID 19 pandemic, how ICT sector is performing during COVID 19 impact of coronavirus outbreak on Global and Chinas ICT market growth, impact on telecom sector. It provides details about how COVID 19 has modified forecasted assumption associated to ICT sector. Various enterprise risks are identified such as disruption due to social distancing, plummeting employee productivity, stressed supply chain, recession in ICT sector, unemployment and investment pullback risk, and economic instability and civil unrest due to pandemic. It also covers details about how these risks can be mitigated through business impact analysis, risk readiness assessment, risk management plan, business continuity plan and how risk of fake news spreading can be controlled, policy management, incident management in terms how technology plays vital role in avoiding various incidents during pandemic, risk response plan for firms associated to ICT sector during COVID 19 outbreak. It contains information regarding the role of government assistance in reviving ICT sector. It also covers risk maturity survey questionnaire to ensure the maturity level of enterprises in handling risks. https://bit.ly/3v37vtj
The global microlearning market generated revenue of US$ 1,520.5 million in 2020 and is expected to reach US$ 2,746.2 million by 2025 with a CAGR of 12.6% in the forecast period. The microlearning market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global microlearning market. In qualitative terms, the microlearning market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of microlearning in various segments such as by component, deployment model, enterprise size & industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
The Impact of Covid 19 Pandemic on Small and Medium Scale Enterprises’ SMEs P...YogeshIJTSRD
The objective of this study is threefold to investigate the performance of SMEs prior the cases of COVID 19 in Yobe State to examine the performance of SMEs during COVID 19 in Yobe State and to suggest measures for the resilience of the SMEs’ performance after the COVID 19 in Yobe State. The study adopted a survey research design and the sample size was 301 respondents which were selected through multi stage cluster sampling in which the State will be divided into three clusters, based on senatorial districts Zone A, Zone B, and Zone C . Simple random sampling technique was adopted to select the sample. The instruments of data collection were questionnaire and one focus group discussion FGD , thus mixed method quantitative and qualitative was employed to analyse the data for the questionnaire and the FGD, respectively. The study found out that COVID 19 has negatively affected the performance of SMEs in Yobe State. For example, many businesses have demised in Yobe State due to the closure of workplaces many SMEs have stopped operating for many months. The study concluded that SMEs have been performing greatly and they were important to the Yobe State economy before COVID 19 in State Yobe, but the incidence of the COVID 19 has brought setback to the commercial activities in the State. COVID 19 affected the performance of SMEs through closure of all firms, including SMEs due to total lockdown SMEs owners also experienced distraction and widespread panic due to the epidemic lack of raw materials because of less movement of goods and services during the pandemic. There was also the death of some owners of the SMEs especially the old ones, and expiration of some products due to lock down, and downfall of some merchants that operate SMEs in Yobe State. The study therefore recommended that government and development partners should provide soft loans and free grants for affected indigenous SMEs to get resuscitated deliberate effort at making the SMEs very strong to resist the ripple effect of the COVID 19 and save the SMEs from collapsing by operating during all forms of pandemics through online marketing. Jamaluddeen Abubakar Usman "The Impact of Covid-19 Pandemic on Small and Medium Scale Enterprises’ (SMEs) Performance in Yobe State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd40019.pdf Paper URL: https://www.ijtsrd.com/management/other/40019/the-impact-of-covid19-pandemic-on-small-and-medium-scale-enterprises’-smes-performance-in-yobe-state/jamaluddeen-abubakar-usman
McKinsey Global Institute: China’s digital transformation, executive summaryVIRGOkonsult
The document discusses how China is on the brink of a major digital transformation driven by increased internet adoption. It finds that the internet could contribute 7-22% of China's GDP growth between 2013-2025 through increased productivity, innovation, and consumption. This could amount to an additional RMB 4-14 trillion in annual GDP by 2025. While some jobs will be disrupted, the overall impact on employment is expected to be neutral to slightly positive as new internet-related jobs are created.
This document provides a summary and analysis of a research report on the virtual reality industry in retail. It discusses how VR is being used by major retailers to improve customer engagement and showcase products in an immersive way. The report also examines the market size and growth of the VR retail industry, with North America currently comprising the largest share. Some of the prominent companies developing VR solutions for retail are named and the market is segmented based on hardware, software compatibility, immersion levels, and regions.
E-commerce in Latin America: Maximising equitable growth and the potential of...FairTechInstitute
This white paper addresses the regional e-commerce landscape for Latin America. It sheds light on current trends and opportunities, looks at long-standing challenges and includes policy considerations that policymakers should address which would help the region maintain a balanced regulatory framework for online marketplaces.
The report was presented by Access Partnership during the online event, “E-commerce in Latin America: Maximising equitable growth and the potential of retail post-Covid-19”, which took place on 10 December 2021.
The 3D machine vision market is forecast to reach $4 billion by 2026, growing at a CAGR of 12.3% as the need for automation increases. Hardware currently dominates the market but software is growing. Key applications include quality control, inspection, and robot guidance in industries like automotive and manufacturing. Asia-Pacific is the largest region currently due to growth in China, India, and Japan. Major players include Cognex, ISRA Vision, and Basler who are innovating new products to meet rising demand and requirements.
Canada - What is next for Manufacturing - August 2021 and September 2021paul young cpa, cga
This document provides an overview of manufacturing in Canada. It begins with biographical information about Paul Young and his areas of expertise. The agenda then outlines topics to be covered, including the PMI Index for Canada, commodities, agricultural equipment, automotive KPIs, and various blogs on manufacturing strategy, automation, reshoring, supply chain management, and innovation. Statistics and insights are sourced from various organizations. The document concludes with a summary emphasizing the need to support domestic supply chains, the continued evolution of automation, and improving sourcing through data and AI.
Commissioned by Salesforce, this report is the second edition of the Cross-Border Data Flows Index (CBDFI) which was first presented in 2019. The Index quantifies and evaluates eight regulatory dimensions that serve to either restrict or enhance the volume and variety of cross-border data flows for G20 economies. For this 2021 edition of the report, Singapore has been added to the original economies covered. It has created a conducive policy and regulatory environment for the development of its digital economy. Experiences from Singapore can be leveraged to enable the seamless flow of data across borders.
The report recommends long-term measures to build trust and confidence as well as short-term initiatives that will deliver immediate results in offering clarity on data transfer mechanisms.
Embedded Hypervisor Market - Global Industry Analysis, SizeHarshalBamble
Increasing adoption as well as the seamless integration of various technologically cutting edge solutions is expected create lucrative opportunities in the global embedded hypervisor market in coming years. A large number of end users in defense and aerospace have already began employing artificial intelligence (AI) in business models. Emerging technologies such as AI and NLP or natural language processing can enable predictive analysis required for maintenance.
The document discusses Dubai's growing digital economy and transformation, noting initiatives by the government and private sector to increase digitization, innovation, and investment in sectors like banking, commerce, healthcare and more. It highlights Dubai's advances in areas like smart cities, 5G, blockchain, and its goal of becoming a global leader in the digital economy by attracting talent and digital companies from around the world. The digital sector is expected to contribute significantly to Dubai's GDP and economic growth in the coming years.
Frost & Sullivan - world's top global mega trends to 2025 and implicationspolenumerique33
The document discusses several global mega trends to 2025 including urbanization, connectivity and convergence, social trends, economic trends, new business models, infrastructure development, health and wellness, mobility, energy, and smart technology. It provides analysis on how these trends will impact businesses, societies, economies, and personal lives. Examples and implications are given for many of the trends. Connectivity is seen as pushing convergence across many industries and products. Big data is growing exponentially and enabling new types of data-driven services. Smart cities are projected to become a $1.5 trillion market by 2020.
The document discusses 6 major megatrends that are expected to transform the global economy and society by 2040. Megatrend 1 discusses the shift towards renewable energy and new communication technologies driving the third industrial revolution. Megatrend 2 covers the rise of customized, on-demand products and services enabled by new business models and technologies. Megatrend 3 addresses the impact of intelligent technologies on manufacturing jobs. Megatrend 4 examines the transition from traditional to virtual education. Megatrend 5 looks at how social media is empowering civil society. And Megatrend 6 analyzes the growth of continental markets and political unions. The document also announces an upcoming conference called Megatrends 2020 to discuss these trends and their implications.
Most business, whether they realize it or not, are already connected to the IoT. Some though are more prepared than others. New survey defines how to get ahead in this evolution of technology. Find out more here: http://bit.ly/1RwVtfR
[2018] Tech Trends For Journalism and Media – The Future Today InstituteFilipp Paster
Key Takeaways
2018 marks the beginning of the end of smartphones in the world's largest economies. What's coming next are conversational interfaces with zero-UIs. This will radically change the media landscape, and now is the best time to start thinking through future scenarios.
In 2018, a critical mass of emerging technologies will converge finding advanced uses beyond initial testing and applied research. That’s a signal worth paying attention to. News organizations should devote attention to emerging trends in voice interfaces, the decentralization of content, mixed reality, new types of search, and hardware (such as CubeSats and smart cameras).
Journalists need to understand what artificial intelligence is, what it is not, and what it means for the future of news. AI research has advanced enough that it is now a core component of our work at FTI. You will see the AI ecosystem represented in many of the trends in this report, and it is vitally important that all decision-makers within news organizations familiarize themselves with the current and emerging AI landscapes. We have included an AI Primer For Journalists in our Trend Report this year to aid in that effort.
Decentralization emerged as a key theme for 2018. Among the companies and organizations FTI covers, we discovered a new emphasis on restricted peer-to-peer networks to detect harassment, share resources and connect with sources. There is also a push by some democratic governments around the world to divide internet access and to restrict certain content, effectively creating dozens of “splinternets.”
Consolidation is also a key theme for 2018. News brands, broadcast spectrum, and artificial intelligence startups will continue to be merged with and acquired by relatively few corporations. Pending legislation and policy in the U.S., E.U. and in parts of Asia could further concentrate the power among a small cadre of information and technology organizations in the year ahead.
To understand the future of news, you must pay attention to the future of many industries and research areas in the coming year. When journalists think about the future, they should broaden the usual scope to consider developments from myriad other fields also participating in the knowledge economy. Technology begets technology. We are witnessing an explosion in slow motion.
The document provides an overview of technologies and issues related to supporting the technology sector in Canada. It discusses the top 7 amazing technologies of 2017 including robotics, IoT sensors, 3D medical implants, internet access as a basic right, car sharing, phone implants, and AI in manufacturing. It also lists the top technologies for 2019, fastest growing Canadian companies, characteristics of fast growing companies, and policies that could support technology companies. Challenges facing Canada include sluggish economic growth, lagging adoption of technologies like AI, and the potential for a brain drain.
Canada has struggle for the past few years with attracting key FDI, especially in areas like natural resources development.
Canada has also struggle with how to best approach innovation. The so-called job clusters have failed to achieve the desired outcome. More needs to be done to better support innovation across Canada.
The public sector payroll continues to grow. The size of government is becoming a enormous issues for many countries, especially in areas like value for money, improving outcomes, and tax fairness.
1. In demand skills - https://www.analyticssteps.com/blogs/most-demand-technologies-2022
2. BI - https://www.analyticsinsight.net/top-business-intelligence-trends-and-predictions-for-2022/
3. Top AI - https://www.simplilearn.com/tutorials/artificial-intelligence-tutorial/artificial-intelligence-applications
4. Switzerland continues to dominate the world in terms of innovation - https://www.iamsterdam.com/en/business/news-and-insights/news/2021/the-netherlands-ranks-sixth-in-global-innovation-index-2021
5. Sustainable - https://behrtech.com/blog/iot-and-sustainability-7-applications-for-a-greener-planet/
6. Sustainable - https://energywatch-inc.com/sustainability-trends-2021-2022/
7. Report Canada - https://www.conferenceboard.ca/focus-areas/innovation-technology/innovation-report-card
8. FDI - https://betakit.com/canadian-municipal-regions-call-on-federal-government-for-more-support-for-foreign-direct-investment-program/
9. Job vacancies - https://www150.statcan.gc.ca/n1/daily-quotidien/210921/dq210921a-eng.htm
10. Skills gap - https://www.dashe.com/blog/unraveling-digital-skills-gaps-in-the-modern-workplace
The document discusses the potential economic impact and value of artificial intelligence (AI) technologies. Some key points:
- Global GDP could be 14% higher by 2030 due to AI, equivalent to an additional $15.7 trillion in economic value. China and North America are expected to see the largest boosts of up to 26% and 14% respectively.
- The majority of GDP gains will come from increased productivity and consumption enabled by AI. Productivity gains will be driven by automation of processes and augmentation of human workers. Consumption gains will come from personalized and higher quality AI-enhanced products and services.
- Retail, financial services, and healthcare are identified as sectors that could see the biggest gains from AI
The document discusses cybersecurity trends in South Africa. Some key points:
1. South Africa has a growing cybersecurity market due to increasing digital transformation and cyber attacks targeting sectors like financial services and healthcare.
2. The cybersecurity market in South Africa is expected to grow from $667 million in 2017 to over $1 billion by 2022, as enterprises allocate more of their IT budgets to security.
3. Common causes of data breaches in South Africa include malicious attacks and human errors, with the financial cost estimated to be around $200 million per year.
The World Economic Forum has recently launched The Global Information Technology Report 2013.
In this presentation we have tried to put some important find outs from the same report and few other news and information from global media.
Coronavirus Impact Assessment And Mitigation Strategies In ICT Industry Compl...SlideTeam
Risk Mitigation Strategy ICT Industry The PowerPoint template is useful tool in presenting coronavirus impact assessment and mitigation strategies associated to ICT industry. It covers details regarding the ICT sector overview with market drivers and major areas of sector and how ICT sector has been affected during COVID 19 pandemic, how ICT sector is performing during COVID 19 impact of coronavirus outbreak on Global and Chinas ICT market growth, impact on telecom sector. It provides details about how COVID 19 has modified forecasted assumption associated to ICT sector. Various enterprise risks are identified such as disruption due to social distancing, plummeting employee productivity, stressed supply chain, recession in ICT sector, unemployment and investment pullback risk, and economic instability and civil unrest due to pandemic. It also covers details about how these risks can be mitigated through business impact analysis, risk readiness assessment, risk management plan, business continuity plan and how risk of fake news spreading can be controlled, policy management, incident management in terms how technology plays vital role in avoiding various incidents during pandemic, risk response plan for firms associated to ICT sector during COVID 19 outbreak. It contains information regarding the role of government assistance in reviving ICT sector. It also covers risk maturity survey questionnaire to ensure the maturity level of enterprises in handling risks. https://bit.ly/3v37vtj
The global microlearning market generated revenue of US$ 1,520.5 million in 2020 and is expected to reach US$ 2,746.2 million by 2025 with a CAGR of 12.6% in the forecast period. The microlearning market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global microlearning market. In qualitative terms, the microlearning market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of microlearning in various segments such as by component, deployment model, enterprise size & industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
The Impact of Covid 19 Pandemic on Small and Medium Scale Enterprises’ SMEs P...YogeshIJTSRD
The objective of this study is threefold to investigate the performance of SMEs prior the cases of COVID 19 in Yobe State to examine the performance of SMEs during COVID 19 in Yobe State and to suggest measures for the resilience of the SMEs’ performance after the COVID 19 in Yobe State. The study adopted a survey research design and the sample size was 301 respondents which were selected through multi stage cluster sampling in which the State will be divided into three clusters, based on senatorial districts Zone A, Zone B, and Zone C . Simple random sampling technique was adopted to select the sample. The instruments of data collection were questionnaire and one focus group discussion FGD , thus mixed method quantitative and qualitative was employed to analyse the data for the questionnaire and the FGD, respectively. The study found out that COVID 19 has negatively affected the performance of SMEs in Yobe State. For example, many businesses have demised in Yobe State due to the closure of workplaces many SMEs have stopped operating for many months. The study concluded that SMEs have been performing greatly and they were important to the Yobe State economy before COVID 19 in State Yobe, but the incidence of the COVID 19 has brought setback to the commercial activities in the State. COVID 19 affected the performance of SMEs through closure of all firms, including SMEs due to total lockdown SMEs owners also experienced distraction and widespread panic due to the epidemic lack of raw materials because of less movement of goods and services during the pandemic. There was also the death of some owners of the SMEs especially the old ones, and expiration of some products due to lock down, and downfall of some merchants that operate SMEs in Yobe State. The study therefore recommended that government and development partners should provide soft loans and free grants for affected indigenous SMEs to get resuscitated deliberate effort at making the SMEs very strong to resist the ripple effect of the COVID 19 and save the SMEs from collapsing by operating during all forms of pandemics through online marketing. Jamaluddeen Abubakar Usman "The Impact of Covid-19 Pandemic on Small and Medium Scale Enterprises’ (SMEs) Performance in Yobe State" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-5 | Issue-3 , April 2021, URL: https://www.ijtsrd.com/papers/ijtsrd40019.pdf Paper URL: https://www.ijtsrd.com/management/other/40019/the-impact-of-covid19-pandemic-on-small-and-medium-scale-enterprises’-smes-performance-in-yobe-state/jamaluddeen-abubakar-usman
McKinsey Global Institute: China’s digital transformation, executive summaryVIRGOkonsult
The document discusses how China is on the brink of a major digital transformation driven by increased internet adoption. It finds that the internet could contribute 7-22% of China's GDP growth between 2013-2025 through increased productivity, innovation, and consumption. This could amount to an additional RMB 4-14 trillion in annual GDP by 2025. While some jobs will be disrupted, the overall impact on employment is expected to be neutral to slightly positive as new internet-related jobs are created.
This document provides a summary and analysis of a research report on the virtual reality industry in retail. It discusses how VR is being used by major retailers to improve customer engagement and showcase products in an immersive way. The report also examines the market size and growth of the VR retail industry, with North America currently comprising the largest share. Some of the prominent companies developing VR solutions for retail are named and the market is segmented based on hardware, software compatibility, immersion levels, and regions.
E-commerce in Latin America: Maximising equitable growth and the potential of...FairTechInstitute
This white paper addresses the regional e-commerce landscape for Latin America. It sheds light on current trends and opportunities, looks at long-standing challenges and includes policy considerations that policymakers should address which would help the region maintain a balanced regulatory framework for online marketplaces.
The report was presented by Access Partnership during the online event, “E-commerce in Latin America: Maximising equitable growth and the potential of retail post-Covid-19”, which took place on 10 December 2021.
The 3D machine vision market is forecast to reach $4 billion by 2026, growing at a CAGR of 12.3% as the need for automation increases. Hardware currently dominates the market but software is growing. Key applications include quality control, inspection, and robot guidance in industries like automotive and manufacturing. Asia-Pacific is the largest region currently due to growth in China, India, and Japan. Major players include Cognex, ISRA Vision, and Basler who are innovating new products to meet rising demand and requirements.
Canada - What is next for Manufacturing - August 2021 and September 2021paul young cpa, cga
This document provides an overview of manufacturing in Canada. It begins with biographical information about Paul Young and his areas of expertise. The agenda then outlines topics to be covered, including the PMI Index for Canada, commodities, agricultural equipment, automotive KPIs, and various blogs on manufacturing strategy, automation, reshoring, supply chain management, and innovation. Statistics and insights are sourced from various organizations. The document concludes with a summary emphasizing the need to support domestic supply chains, the continued evolution of automation, and improving sourcing through data and AI.
Commissioned by Salesforce, this report is the second edition of the Cross-Border Data Flows Index (CBDFI) which was first presented in 2019. The Index quantifies and evaluates eight regulatory dimensions that serve to either restrict or enhance the volume and variety of cross-border data flows for G20 economies. For this 2021 edition of the report, Singapore has been added to the original economies covered. It has created a conducive policy and regulatory environment for the development of its digital economy. Experiences from Singapore can be leveraged to enable the seamless flow of data across borders.
The report recommends long-term measures to build trust and confidence as well as short-term initiatives that will deliver immediate results in offering clarity on data transfer mechanisms.
Embedded Hypervisor Market - Global Industry Analysis, SizeHarshalBamble
Increasing adoption as well as the seamless integration of various technologically cutting edge solutions is expected create lucrative opportunities in the global embedded hypervisor market in coming years. A large number of end users in defense and aerospace have already began employing artificial intelligence (AI) in business models. Emerging technologies such as AI and NLP or natural language processing can enable predictive analysis required for maintenance.
The document discusses Dubai's growing digital economy and transformation, noting initiatives by the government and private sector to increase digitization, innovation, and investment in sectors like banking, commerce, healthcare and more. It highlights Dubai's advances in areas like smart cities, 5G, blockchain, and its goal of becoming a global leader in the digital economy by attracting talent and digital companies from around the world. The digital sector is expected to contribute significantly to Dubai's GDP and economic growth in the coming years.
Frost & Sullivan - world's top global mega trends to 2025 and implicationspolenumerique33
The document discusses several global mega trends to 2025 including urbanization, connectivity and convergence, social trends, economic trends, new business models, infrastructure development, health and wellness, mobility, energy, and smart technology. It provides analysis on how these trends will impact businesses, societies, economies, and personal lives. Examples and implications are given for many of the trends. Connectivity is seen as pushing convergence across many industries and products. Big data is growing exponentially and enabling new types of data-driven services. Smart cities are projected to become a $1.5 trillion market by 2020.
The document discusses 6 major megatrends that are expected to transform the global economy and society by 2040. Megatrend 1 discusses the shift towards renewable energy and new communication technologies driving the third industrial revolution. Megatrend 2 covers the rise of customized, on-demand products and services enabled by new business models and technologies. Megatrend 3 addresses the impact of intelligent technologies on manufacturing jobs. Megatrend 4 examines the transition from traditional to virtual education. Megatrend 5 looks at how social media is empowering civil society. And Megatrend 6 analyzes the growth of continental markets and political unions. The document also announces an upcoming conference called Megatrends 2020 to discuss these trends and their implications.
Most business, whether they realize it or not, are already connected to the IoT. Some though are more prepared than others. New survey defines how to get ahead in this evolution of technology. Find out more here: http://bit.ly/1RwVtfR
[2018] Tech Trends For Journalism and Media – The Future Today InstituteFilipp Paster
Key Takeaways
2018 marks the beginning of the end of smartphones in the world's largest economies. What's coming next are conversational interfaces with zero-UIs. This will radically change the media landscape, and now is the best time to start thinking through future scenarios.
In 2018, a critical mass of emerging technologies will converge finding advanced uses beyond initial testing and applied research. That’s a signal worth paying attention to. News organizations should devote attention to emerging trends in voice interfaces, the decentralization of content, mixed reality, new types of search, and hardware (such as CubeSats and smart cameras).
Journalists need to understand what artificial intelligence is, what it is not, and what it means for the future of news. AI research has advanced enough that it is now a core component of our work at FTI. You will see the AI ecosystem represented in many of the trends in this report, and it is vitally important that all decision-makers within news organizations familiarize themselves with the current and emerging AI landscapes. We have included an AI Primer For Journalists in our Trend Report this year to aid in that effort.
Decentralization emerged as a key theme for 2018. Among the companies and organizations FTI covers, we discovered a new emphasis on restricted peer-to-peer networks to detect harassment, share resources and connect with sources. There is also a push by some democratic governments around the world to divide internet access and to restrict certain content, effectively creating dozens of “splinternets.”
Consolidation is also a key theme for 2018. News brands, broadcast spectrum, and artificial intelligence startups will continue to be merged with and acquired by relatively few corporations. Pending legislation and policy in the U.S., E.U. and in parts of Asia could further concentrate the power among a small cadre of information and technology organizations in the year ahead.
To understand the future of news, you must pay attention to the future of many industries and research areas in the coming year. When journalists think about the future, they should broaden the usual scope to consider developments from myriad other fields also participating in the knowledge economy. Technology begets technology. We are witnessing an explosion in slow motion.
The document provides an overview of technologies and issues related to supporting the technology sector in Canada. It discusses the top 7 amazing technologies of 2017 including robotics, IoT sensors, 3D medical implants, internet access as a basic right, car sharing, phone implants, and AI in manufacturing. It also lists the top technologies for 2019, fastest growing Canadian companies, characteristics of fast growing companies, and policies that could support technology companies. Challenges facing Canada include sluggish economic growth, lagging adoption of technologies like AI, and the potential for a brain drain.
Canada has struggle for the past few years with attracting key FDI, especially in areas like natural resources development.
Canada has also struggle with how to best approach innovation. The so-called job clusters have failed to achieve the desired outcome. More needs to be done to better support innovation across Canada.
The public sector payroll continues to grow. The size of government is becoming a enormous issues for many countries, especially in areas like value for money, improving outcomes, and tax fairness.
1. In demand skills - https://www.analyticssteps.com/blogs/most-demand-technologies-2022
2. BI - https://www.analyticsinsight.net/top-business-intelligence-trends-and-predictions-for-2022/
3. Top AI - https://www.simplilearn.com/tutorials/artificial-intelligence-tutorial/artificial-intelligence-applications
4. Switzerland continues to dominate the world in terms of innovation - https://www.iamsterdam.com/en/business/news-and-insights/news/2021/the-netherlands-ranks-sixth-in-global-innovation-index-2021
5. Sustainable - https://behrtech.com/blog/iot-and-sustainability-7-applications-for-a-greener-planet/
6. Sustainable - https://energywatch-inc.com/sustainability-trends-2021-2022/
7. Report Canada - https://www.conferenceboard.ca/focus-areas/innovation-technology/innovation-report-card
8. FDI - https://betakit.com/canadian-municipal-regions-call-on-federal-government-for-more-support-for-foreign-direct-investment-program/
9. Job vacancies - https://www150.statcan.gc.ca/n1/daily-quotidien/210921/dq210921a-eng.htm
10. Skills gap - https://www.dashe.com/blog/unraveling-digital-skills-gaps-in-the-modern-workplace
The aims of the presentation are to:
- Present what leading analysts say on trends in 2015
- Outline what new skills will be required in 2015+
- Suggest some market niches for growth
with focus on IT market.
Manufacturing - Canada -February 2022 and March 2022.pptxpaul young cpa, cga
Manufacturing sales increased for the fifth consecutive month, up 4.2% to $67.7 billion in February on higher sales in 14 of 21 industries, led by the motor vehicle (+25.0%), food (+5.3%), petroleum and coal (+6.7%), and wood (+8.5%) industries. Meanwhile, sales of computer and electronic products decrease the most, down 7.9% to $1.2 billion in February. Total manufacturing sales rose 19.5% on a year-over-year basis in February.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220414/dq220414a-eng.htm
Our report will provide a look into the technology landscape of the future, including:
- Importance of AI in enabling innovation
- Catalysts of future innovations
- Top technology trends in 2023-2024
- Main benefits of AI adoption
- Steps to prepare for future disruptions.
Download your free copy now and implement the key findings to improve your business.
The global autonomous data platform market generated revenue of US$ 827.6 million in 2020 and is expected to reach US$ 2,093.4 million by 2025 with a CAGR of 20.4% in the forecast period. The autonomous data platform market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global autonomous data platform market. In qualitative terms, the autonomous data platform market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of the autonomous data platform in various segments such as by component, deployment model, enterprise size, application & industry at global, regional, and country-level. Also, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
2019 London Data Science Festival. Making Money in AI, Machine Learning and ...Simon Greenman
Who’s Going to Make Money in AI and Machine Learning? We’re currently experiencing an AI gold rush. Billions are being invested. AI startups abound. Google, Amazon, and Microsoft are duking it out for AI supremacy. Corporations are scrambling to ensure they adopt AI ahead of their competitors while looking over their should at startups. The winners will be the picks and shovels of this gold rush. They are the tech giants that have the scale of data, talent, capital and distribution to power the AI revolution. But enterprises stand to create nearly $4 trillion in value from AI by 2022. But to get AI and data science projects out of experimentation and into use across the organisation requires mobilising and engaging the executive team. AI startups that are looking to scale also need to cross the commercial divide from technology to the enterprise.
Manufacturing sales rose 1.7% to $72.3 billion in April, mainly on higher sales in the petroleum and coal product (+3.7%), motor vehicle (+8.2%), and primary metal (+4.1%) as well as higher production of aerospace product and parts (+11.2%) industries. Meanwhile, wood product sales decreased the most (-6.0%).
Sales in constant dollars rose 0.9% in April, indicating that both prices and volume sold contributed to the gains in April. The Industrial Product Price Index rose 0.8% in April.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220614/dq220614a-eng.htm
Manufacturing sales rose 2.5% to $70.2 billion in March, the sixth consecutive monthly increase. Sales rose in 16 of 21 industries, led by the petroleum and coal (+9.1%), primary metal (+6.5%), paper (+9.3%), and chemical (+3.3%) product industries. Meanwhile, the machinery industry posted the largest decline (-4.9%).
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220516/dq220516a-eng.htm
Industrial internet big data usa market studySari Ojala
The document discusses the industrial internet market validation study. It defines key terms like industrial internet, internet of things, big data, and internet of everything. The industrial internet involves integrating physical machinery with sensors and software to ingest and analyze machine data in real-time. There are several challenges to the industrial internet's adoption, including skills shortages, security concerns, and limited data analysis capabilities. However, the market size is immense, estimated at $29.8 trillion in global output affected. The outlook for Finnish companies in data analytics and visualization is positive given their expertise.
The document discusses the industrial internet market validation study. It defines key terms like industrial internet, internet of things, big data, and internet of everything. The industrial internet involves integrating physical machinery with sensors and software to ingest and analyze machine data in real-time. There are several challenges to the industrial internet's adoption, including skills shortages, security concerns, and limited data analysis capabilities. However, the market size is immense, estimated at affecting nearly half of the global economy.
The global data masking market generated a revenue of US$ 443.5 million in 2020 and is expected to reach US$ 862.2 million by 2025 with a CAGR of 14.2% in the forecast period. The data masking market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. Also, the data masking market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-fold model analysis, and macro-economic factors, at a granular level that lets readers understand the past and present market scenario and also helps to predict the potential growth of the data masking market in the forecast period.
The global data masking market generated a revenue of US$ 443.5 million in 2020 and is expected to reach US$ 862.2 million by 2025 with a CAGR of 14.2% in the forecast period. The data masking market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. Also, the data masking market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-fold model analysis, and macro-economic factors, at a granular level that lets readers understand the past and present market scenario and also helps to predict the potential growth of the data masking market in the forecast period.
Digital Twin Market: By End-User Application (Aerospace & Defense, Automotive & Transportation, Electronics & Electrical/ Machine Manufacturing, Healthcare, Retail, Energy & Utilities, Home & Commercial and Others), By Type (Parts Twin, Product Twin, Process Twin and System Twin) and region - Global Forecast Till 2025
The global content intelligence market generated revenue of US$ 500.4 million in 2020 and is expected to reach US$ 1,896.2 million by 2025 with a CAGR of 30.5% in the forecast period. The content intelligence market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global content intelligence market. In qualitative terms, the content intelligence market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of content intelligence in various segments such as by component, deployment model, enterprise size & industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
The global data integration software market generated revenue of US$ 8.6 billion in 2020 and is expected to reach US$ 15.7 billion by 2025 with a CAGR of 12.6% in the forecast period. The data integration software market report offers a comprehensive market analysis of the different segments and regions that lets readers make crucial business-related decisions with a wealth of information enclosed in this report. The research report offers both qualitative and quantitative information on the global data integration software market. In qualitative terms, the data integration software market report provides insights into numerous factors, such as market determinants, value chain analysis, emerging trends, growth opportunity analysis, porters five-force model analysis and macro-economic factors, segment analysis, regional analysis at a granular level. Similarly, in quantitative terms, the report provides historical and forecast market numbers of data integration software in various segments such as by component, deployment model, enterprise size, application and industry at global, regional, and country-level. In addition, the report provides a detailed analysis of the market vendors and their product offerings. The report also covers details of the competitive market environment and includes information on the capabilities and competencies of market vendors.
Blog – What is next for Manufacturing in Canada – July 2022
Summary:
Following a 1.1% decline in May, manufacturing sales fell 0.8% to $71.8 billion in June, on lower sales in 8 of 21 industries, led by the petroleum and coal product (-7.8%), wood product (-7.2%) and aerospace product and parts (-16.8%) industries. Meanwhile, sales of motor vehicles (+13.8%) and chemical products (+6.0%) increased the most.
On a quarterly basis, sales rose 5.8% in the second quarter, the eighth consecutive quarterly gain and the third largest gain in dollars on record. The petroleum and coal industry (+21.9%) contributed the most to the increase, while the wood product industry (-6.3%) posted the largest quarterly decline.
Sales in constant dollars edged up 0.1% in June, while the Industrial Product Price Index declined 1.1% in that month. On a quarterly basis, constant dollars sales increased 1.3% in the second quarter.
Source – https://www150.statcan.gc.ca/n1/daily-quotidien/220815/dq220815a-eng.htm
Canada - What is next for Manufacturing - November 2021 and December 2021paul young cpa, cga
Blog – What is next for Canada’s Manufacturing Sector
Manufacturing sales rose for a second consecutive month in November, rising 2.6% to $63.1 billion on higher sales in 18 of 21 industries, led by the primary metal, petroleum and coal product, non-metallic mineral, and food product industries.
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220117/dq220117b-eng.htm
1. Sustainable manufacturing practices - https://www.corporateknights.com/energy/how-to-transform-canadas-heavy-industry-into-a-net-zero-powerhouse/
2. Five things to watch - https://www.yorkregion.com/news-story/10555064-five-things-to-watch-for-in-canadian-business/
3. Global commodity index - https://www.yorkregion.com/news-story/10555064-five-things-to-watch-for-in-canadian-business/
4. Adoption of 3D printing - https://themanifest.com/ca/product-design/3d/agencies
5. Supply Chain - https://www.supplychainbrain.com/blogs/1-think-tank/post/34349-how-3d-printing-can-streamline-supply-chains
6. Robotics - https://blog.waterlooedc.ca/waterloo-robotics-companies and https://blog.waterlooedc.ca/waterloo-robotics-companies
7. FDI - https://www.fdiintelligence.com/article/80585
8. USA policies are focusing on support clean technology made by union labor - https://montreal.ctvnews.ca/quebec-e-bus-maker-lion-electric-moves-into-u-s-plant-1.5734014
9. Rural areas - https://www150.statcan.gc.ca/n1/pub/45-28-0001/2022001/article/00001-eng.htm
10. Lumber - https://www.woodbusiness.ca/2022-lumber-markets-outlook/
11. Oil - https://ca.news.yahoo.com/canada-oil-gas-production-exploration-151300488.html
12. Natural Resources sector - https://www150.statcan.gc.ca/n1/daily-quotidien/220114/dq220114a-eng.htm
13. Near-shoring Canada - https://www.msn.com/en-ca/money/topstories/as-supply-chain-issues-persist-champagne-set-to-meet-with-industry/ar-AASI4ZM
Ey semiconductor-supplies-hitting-vehicle-salesEYIndia1
How Supply Chain challenges can be effectively managed through Digital Technology & Solutions for planning
URL:- https://assets.ey.com/content/dam/ey-sites/ey-com/en_in/news/2021/03/ey-semiconductor-supplies-hitting-vehicle-sales.pdf
Retail Sales and Consumer Spending Analysis and Commentary - July 2023.pptxpaul young cpa, cga
Canadian retail sales dropped 0.3% in August, the first decline since March, as higher interest rates start to impact household budgets. Seven of the nine retail subsectors saw sales increases in July, led by food and beverage retailers, while motor vehicle and parts dealers saw the largest decrease. Excluding autos, retail sales in July rose 1%, double expectations. The report suggests Canadians are tightening spending as more face higher mortgage payments and gas prices due to Bank of Canada rate hikes aimed at slowing inflation.
Addressing issues with the Public Sector Governance Model.pptxpaul young cpa, cga
The key challenges facing Australian business leaders in 2023 include:
1. Talent acquisition, retention and training staff for digital transformation.
2. Implementing successful digital transformation while managing cyber risks.
3. Adapting to changing regulations and reporting requirements.
Health risks from COVID-19, social reputation concerns, and disruptive emerging technologies are also significant social challenges impacting Australian businesses. Over the next 3-5 years, talent management for digitization, cybersecurity, digital transformation, regulatory changes, and identifying new growth opportunities will be the top challenges according to business leaders.
Global Housing Market Analysis and Commentary- September 2023.pptxpaul young cpa, cga
Summary:
Homebuilders are walking a fine line when it comes to new projects as high mortgage rates curb demand.
New residential construction, including single-family homes and multifamily, dropped 11.3% month over month in August to 1.283 million units on a seasonally adjusted basis, according to Census Bureau data released Tuesday. That's down 14.8% compared with a year ago and well below the 1.44 million units economists surveyed by Bloomberg projected.
But authorized residential permits — an indicator of potential future activity — rose 6.9% to 1.543 million permits in August from July. That was still down 2.7% from last August. Single-family permits, though, were up 2% from July to 949,000. Multifamily permits came in at 535,000.
The data reflects two opposing forces builders are trying to balance: the ongoing need for new construction to fill in limited inventory and elevated mortgage rates that are hurting their biggest customer right now, the first-time homebuyer.
"High mortgage rates are clearly taking a toll on builder confidence and consumer demand, as a growing number of buyers are electing to defer a home purchase until long-term rates move lower," Robert Dietz, chief economist of the National Association of Home Builders, said Monday in a press release after builder confidence dropped for the second straight month.
Source: https://ca.finance.yahoo.com/news/homebuilders-face-a-tough-balancing-act-on-new-construction-amid-high-mortgage-rates-130744368.html
Blog – What is next for the Mining Sector – September 2023
The mining sector provides critical material that support solar, wind, and lithium-ion batteries as part of the green transition. https://www.iea.org/news/critical-minerals-market-sees-unprecedented-growth-as-clean-energy-demand-drives-strong-increase-in-investment
The mining sector products play a key role with the global GDP - https://www.yicaiglobal.com/news/global-mining-industry-value-was-69-of-world-gdp-last-year-china-says
Mining practices need to be sustainable including following all ESG policies - https://www.linkedin.com/advice/1/how-can-you-monitor-sustainable-mining-practices
Other links and sources –
Lithium Supply and Price - https://zbr.com.mx/en/sin-categoria-es/lithium-prices-fall-44-in-china-due-to-lack-of-demand/138168/
Cobalt - https://www.linkedin.com/posts/mahmut-karada%C5%9F-a2b7a5151_china-exportrestrictions-gallium-activity-7082603182589157376-Zrty/?trk=public_profile_like_view
Nickel https://www.eureporter.co/business/2023/09/15/stanislav-kondrashov-from-telf-ag-nickel-prices-outlook-remains-positive/
Iron-ore - https://www.brecorder.com/news/40263584/sgx-iron-ore-set-for-best-week-in-3-months
TD Bank / Metals - https://www.tdsecurities.com/ca/en/setting-the-stage-for-gold-outlook
Biodiversity / Mining - https://worldcrunch.com/green/lithium-green-energy-argentina-indigenous
ESG - https://iriscarbon.com/the-added-value-of-integrated-esg-reporting-a-threefold-framework/
Blog – Manufacturing Shipments and Orders – The United States – August 2023
Summary:
New orders for manufacturing technology in the United States totaled $353.9 million in July 2023, as per the latest report by AMT – The Association For Manufacturing Technology. This figure marked a 12.4% decline from June 2023 but remained only 10.5% lower than July 2022. Year-to-date orders amounted to $2.83 billion, reflecting a 12.7% decrease compared to the same period the previous year.
Douglas K. Woods, President of AMT, noted that July is typically a slower month for manufacturing technology orders, so a slight drop was expected. However, he pointed out a notable trend: over the last two months, the year-to-date order gap has narrowed during historically slow periods. While job shops have seen decreased orders, other industries that benefited from reshoring or government investments have helped fill the gap.
Among specific sectors, job shops, the largest customer segment, placed their lowest total monthly orders since August 2020. In contrast, metal valve manufacturers recorded their third-highest monthly order value on record, last seen in September 2018, making up nearly 5% of the total manufacturing technology order value for July 2023. Manufacturers of motor vehicle transmissions continued to order machinery at an elevated pace. However, the aerospace industry continued to order below its early 2022 peaks, with hopes that recent projects like the federal government's $1.5 billion investment in communications satellites might reverse this trend.
Source: https://www.sme.org/technologies/articles/2023/september/u.s.-manufacturing-technology-orders-dip-in-july-but-show-resilience-amid-economic-uncertainty
Stock Market Analysis and Commentary for WE September 15 2023.pptxpaul young cpa, cga
Blog – Analysis and Commentary – Stock Market – WE September 15 2023
Summary:
Stocks fell Friday as investors wrap up a volatile week ahead of the Federal Reserve's policy meeting.
The Dow Jones Industrials tumbled 288.87 points to close out Friday and the week at 34,618.24. At its lows, it completely wiped out Thursday's 332-point rally.
The S&P 500 index sank 54.78 points, or 1.2%, to 4,450.32.
The NASDAQ index plunged 217.72 points, or 1.6%, to 13,708.33.
The Dow held onto a winning week. The S&P 500 and NASDAQ both closed out the week with losses.
Information technology was the worst-performing sector in the S&P 500, down nearly 2%. Adobe shares fell more than 4% even after the software firm posted better-than-expected quarterly results. Shares of Arm Holdings were lower one day after its successful public debut.
Auto stocks General Motors and Stellantis N.V. were higher Friday, while Ford Motor was about flat. Thousands of members of the United Auto Workers went on strike after failing to reach a deal with the automakers Thursday night.
Elsewhere, Lennar shares slid 3%. The home construction firm posted third-quarter results that beat on the top and bottom lines.
On the economic front, the University of Michigan's consumer sentiment survey showed one-year inflation expectations dropped to 3.1% in
September, tied for the lowest since January 2021. Also, the five-year outlook fell to 2.7%, matching its lowest since December 2020.
- Canadian manufacturing sales increased 1.6% in July, led by higher sales in food products, petroleum and coal products, and transportation equipment. Paper and plastics sales decreased the most.
- Inventory levels increased slightly while unfilled orders decreased, pointing to a potential slowdown.
- The manufacturing sector in Canada will continue to face challenges such as global economic uncertainty, rising costs, supply chain issues, climate change risks, and skills shortages.
Electricity Analysis - Canada and the OECD - June 2023.pptxpaul young cpa, cga
Summary:
Over three-quarters of the world’s total coal-generated electricity is consumed in just three countries. China is the top user of coal, making up 53.3% of global coal demand, followed by India at 13.6%, and the U.S. at 8.9%.
Burning coal—for electricity, as well as metallurgy and cement production—is the world’s single largest source of CO2 emissions. Nevertheless, its use in electricity generation has actually grown 91.2% since 1997, the year when the first global climate agreement was signed in Kyoto, Japan.
However, even as non-renewables enjoy their time in the sun, their days could be numbered.
In 2022, renewables, such as wind, solar, and geothermal, represented 14.4% of total electricity generation with an extraordinary annual growth rate of 14.7%, driven by big gains in solar and wind. Non-renewables, by contrast, only managed an anemic 0.4%.
The authors of the Statistical Review do not include hydroelectric in their renewable calculations, even though many others, including the International Energy Agency, consider it a “well-established renewable power technology.”
With hydroelectric moved into the renewable column, together they accounted for over 29.3% of all electricity generated in 2022, with an annual growth rate of 7.4%.
Source - https://energynow.ca/2023/09/infographic-what-electricity-sources-power-the-world-see-them-here-visual-capitalist/
Logistics Warehousing Transportation and Distrbution Analysis and Commentary ...paul young cpa, cga
The document provides an overview of key metrics and trends in the logistics, warehousing, distribution, and transportation sector. It includes data on consumer price index, diesel fuel costs, freight indexes, e-commerce sales, retail sales, class 8 truck sales, EPA emissions standards, trailer sales, and tonnage. It also discusses supply chain management solutions like planning analytics, blockchain, and AI assistants. Finally, it touches on topics like infrastructure spending, automation, and ESG reporting.
Retail Sales and Consumer Spending Analysis and Commentary - United States - ...paul young cpa, cga
United States retail sales rose 0.6% in August despite flat sales at internet retailers after Amazon Prime Day. Most of the increase was due to higher gasoline prices. While consumer spending has been strong, higher interest rates and a slowdown in hiring are expected to restrain purchases in the coming months. Forecasters predict the 2023 holiday shopping season could be the weakest in five years due to economic challenges facing consumers. The retail sector continues facing inventory management challenges and social governance issues.
How to improve the Governance Model for the Public Sector - United States - S...paul young cpa, cga
This document provides a summary of strategies to improve governance in government. It discusses factors that impact governance like transparency and accountability. It recommends using performance audits to assess key performance indicators and ensure recommendations are implemented. Other strategies include improving data ethics and literacy, mitigating geopolitical risks, adopting ESG reporting, and using technology like audit analytics and AI to enhance governance. The overall goal is for government to deliver programs and tax policies with value for money and transparency.
This document provides an analysis of the agriculture output and equipment sector for August 2023. It includes discussions of commodity prices, crop estimates, energy prices, food prices, farming incomes, top farming states, food processors, and the role of technology and government in farming. Key points covered include rising input costs challenging farmers, preliminary crop estimates for Canada, volatility in oil and diesel prices impacting farm expenses, and opportunities for data and automation to help address issues in the agriculture industry.
Biotech Pharmaceutical Medical Equipment and Supplies - Analysis - September ...paul young cpa, cga
This document provides an overview and agenda for a presentation on the biotech, pharmaceutical, and healthcare sector. It includes:
- An introduction and biography of presenter Paul Young CPA CGA
- An agenda covering topics like vaccine production, drug discovery, innovation in areas like storage and AI, and the life sciences strategy
- Links and summaries of information on these topics, including the top vaccine manufacturers, regulations in Canada, and growth in the pharmaceutical market
The presentation aims to discuss key areas of the biotech/pharmaceutical sector including vaccine development and production, drug discovery, innovation, and strategies for the life sciences industry. Links and outside sources are provided to support the topics in the agenda.
Better Public Safety Management using Analytics - September 2023.pptxpaul young cpa, cga
This document discusses using analytics to improve public safety management. It outlines rising public safety costs for governments and key issues facing policing like complex crimes and accountability. The document presents crime rate data for Canada and discusses building machine learning models in SPSS and dashboards in Cognos Analytics to analyze police data and forecast expenses. Finally, it lists potential next steps for crime in Canada like bail and corrections reforms, gun control, and increased police oversight.
Stock Market Analysis and Commentary for WE September 9 2023.pptxpaul young cpa, cga
What did the markets tell us this week?
1. Housing supply and costs continue to plague countries around the world.
2. Gasoline prices are on the rise that puts pressure on central banks ability to hit their core inflation targets.
3. ESG adoption by both the private and public sector is leading to both funding concerns and the overall cost of implementing ESG policies.
4. Adopting technology as part of increasing food production is facing both capital and operational funding concerns.
5. Strike at LNG facility in Australia is leading to concerns around a supply chain disruption of natural gas for EMEA and Asia.
6. The threat of China dumping batteries into markets - https://www.ft.com/content/b6038e51-7b5b-4f97-a5da-9202e71562fc
7. Adoption of generative AI has been facing many challenges related to security, privacy, and ethical issues.
8. Lack of biodiversity planning as part of the overall climate mitigation including sustainable mining, forestry, oil, gas, agriculture, and housing
9. Geopolitical issues continue to impact supply chain.
10. The concerns of recession continue to plague both the private and public sector.
11. Productivity issues continue to plague governments around the world.
Workforce Planning and Employment Analysis - August 2023.pptxpaul young cpa, cga
The document discusses workforce planning and employment analysis. It provides an overview of employment statistics in the United States, Canada, and Australia. It then discusses Sysco's workforce planning model and the role of the CFO in workforce planning. Finally, it defines autonomous finance as the automation of financial operations through software and algorithms, and provides some key statistics on its adoption.
Global Automotive - Analysis and Commentary - August 2023.pptxpaul young cpa, cga
This presentation provides an overview of key trends in the global automotive sector in August 2023. It discusses 1) sales trends in Canada, the US and globally, 2) the growth of electric vehicles and focus on reducing emissions, and 3) ongoing transformation in the industry through automation, connectivity and new technologies. Sources included discuss topics like electric vehicle production and adoption, public safety issues regarding EV fires, gasoline and car prices, supply chain challenges, and green transitions in transportation.
Global (Mining Oil and Gas Forestry and Agriculture) Analysis and Commentary ...paul young cpa, cga
The mining, oil, gas, agriculture, forestry, and mining continue to face environmental, social, and governance policy review including reporting of key metrics as part of ESG reporting cycle.
There is more focus on profitability and investment returns as part of the integrated planning and reporting cycle.
Summary:
The global economy faces what at least one forecaster is calling a mild trade recession as shipments from China slump and German factories downshift.
China’s export declines extended into August, though there were signs that the worst of a world trade slowdown may be over for the leading exporter.
Overseas shipments from China fell 8.8% in dollar terms from a year earlier while imports contracted 7.3%, both better than economists’ estimates and significantly less severe than July’s downturn.
Other data have suggested trade may be stabilizing after weakening for most of this year. Exports from South Korea also declined at a more moderate pace in August than the previous month.
Source: https://www.bloomberg.com/news/newsletters/2023-09-07/supply-chain-latest-world-trade-faces-a-shallow-recession?srnd=economics-v2
Additional sources and links:
Lithium - https://source.benchmarkminerals.com/article/falling-lithium-prices-challenge-potential-cost-advantages-of-sodium-batteries
Oil Production - https://www.cnn.com/2023/09/06/business/oil-price-goldman-sachs/index.html
Natural gas - https://www.fxstreet.com/news/natural-gas-holds-up-as-markets-in-limbo-over-strikes-202309070956
Lumber - https://www.fastmarkets.com/insights/sawmill-capacity-closures-reshape-us-lumber-supply
Critical metals - https://www.wasterecyclingmag.ca/feature/how-recycling-could-solve-the-shortage-of-minerals-essential-to-clean-energy/
Agriculture - https://www.morningagclips.com/economists-forecast-positive-end-of-year-crop-outlook-despite-warmer-midwestern-climate/
ESG - https://www.skadden.com/insights/publications/2023/09/the-informed-board/the-eus-new-esg-disclosure-rules
Ports - https://www.marketscreener.com/quote/stock/HAPAG-LLOYD-AG-24857717/news/Hapag-Lloyd-chief-warns-of-rougher-seas-ahead-for-container-shipping-44789017/
Top destination for reshoring - https://www.thenationalnews.com/business/economy/2023/08/29/uae-in-top-10-most-powerful-passports-for-investment-opportunity/
Global Trade - https://phys.org/news/2023-09-opinion-broke-global-climate-finish.html
What is next for the Forestry Sector and Lumber Production - September 2023.pptxpaul young cpa, cga
Lumber production in Canada continues to face many hurdles
Canada forest management practices are some of the bests in the world
Canada planted over 440M in seedlings back in 2018. It is now 2022 which means close 2M seedlings have been planted.
All levels need to put more focus on urban and rural planning solutions
More work including spending on wildfire and forest fire mitigation
Canada and USA need to find a path forward to resolve the softwood lumber dispute
There needs to a better balanced between climate change policies and growing the economy in a sustainable way
3D printing for housing needs to become mainstream
More protection needs to happen with key ecosystems like wetlands, forest, and peatlands.
There is a risk of debt default if interest rates are hike over the next few months
[4:55 p.m.] Bryan Oates
OJPs are becoming a critical resource for policy-makers and researchers who study the labour market. LMIC continues to work with Vicinity Jobs’ data on OJPs, which can be explored in our Canadian Job Trends Dashboard. Valuable insights have been gained through our analysis of OJP data, including LMIC research lead
Suzanne Spiteri’s recent report on improving the quality and accessibility of job postings to reduce employment barriers for neurodivergent people.
Decoding job postings: Improving accessibility for neurodivergent job seekers
Improving the quality and accessibility of job postings is one way to reduce employment barriers for neurodivergent people.
Abhay Bhutada, the Managing Director of Poonawalla Fincorp Limited, is an accomplished leader with over 15 years of experience in commercial and retail lending. A Qualified Chartered Accountant, he has been pivotal in leveraging technology to enhance financial services. Starting his career at Bank of India, he later founded TAB Capital Limited and co-founded Poonawalla Finance Private Limited, emphasizing digital lending. Under his leadership, Poonawalla Fincorp achieved a 'AAA' credit rating, integrating acquisitions and emphasizing corporate governance. Actively involved in industry forums and CSR initiatives, Abhay has been recognized with awards like "Young Entrepreneur of India 2017" and "40 under 40 Most Influential Leader for 2020-21." Personally, he values mindfulness, enjoys gardening, yoga, and sees every day as an opportunity for growth and improvement.
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Vicinity Jobs’ data includes more than three million 2023 OJPs and thousands of skills. Most skills appear in less than 0.02% of job postings, so most postings rely on a small subset of commonly used terms, like teamwork.
Laura Adkins-Hackett, Economist, LMIC, and Sukriti Trehan, Data Scientist, LMIC, presented their research exploring trends in the skills listed in OJPs to develop a deeper understanding of in-demand skills. This research project uses pointwise mutual information and other methods to extract more information about common skills from the relationships between skills, occupations and regions.
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CRISIL evaluates lenders in India by analyzing financial performance, loan portfolio quality, risk management practices, capital adequacy, market position, and adherence to regulatory requirements. This comprehensive assessment ensures a thorough evaluation of creditworthiness and financial strength. Each criterion is meticulously examined to provide credible and reliable ratings.
Understanding how timely GST payments influence a lender's decision to approve loans, this topic explores the correlation between GST compliance and creditworthiness. It highlights how consistent GST payments can enhance a business's financial credibility, potentially leading to higher chances of loan approval.
1. TECHNOLOGY – WHAT
NEEDS TO HAPPEN FOR
CANADA AND THE WORLD
PAUL YOUNG CPA, CGA
AUGUST 27, 2020
2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, MU1 and MS2)
• SME – Risk Management
• SME – Emerging Technology
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Cost to Serve modeling
• SME – Supply Chain Management
Contact information:
Paul_Young_CGA@Hotmail.com
3. OVERVIEW
Both business and government continue to shift their operational model to a more digital and cloud model.
4. AGENDA
• Sluggish Growth
• Top Technology – 2020
• Top 7 – Amazing Technology / 2017
• Stock Market
• Top Technologies for 2019
• Top 25 fastest growing companies
• Trading and Disruptive Technology
• Streaming
• Key characteristics of fastest growing companies
• What can be done to support up and coming companies
• Virus/Crisis Management
• Blog – Trudeau and Technology
• Blog – Clean Technology
• Blog – AI
• Country ranking by entrepreneur
• Brain Drain
• Small Tech vs Large Tech
• Disruptive Technology
• Top areas of focus for information technology
• Data and AI
• What’s need to happen
5. TOP TECHNOLOGY FOR 2020
Source - https://www.simplilearn.com/top-technology-trends-and-jobs-article
6. TOP TECHNOLOGY TO WATCH – INDUSTRY WEEK
Source - https://www.industryweek.com/technology-and-iiot/media-gallery/22028670/top-10-technologies-to-
watch-in-2020
1. 5 G Network - https://www.slideshare.net/paulyoungcga/global-security-threats-from-5g-leads-to-new-selection-of-
5g-vendors
2. Drones
3. Wearables
4. 3D Printing - https://www.slideshare.net/paulyoungcga/3d-printing-whats-next
5. Edge Computing - https://www.marketwatch.com/press-release/edge-computing-market-is-set-to-experience-
revolutionary-growth-by-2027-key-players-cisco-hpe-dell-technologies-ibm-amazon-web-services-foghorn-systems-
2020-08-25?mod=mw_more_headlines&tesla=y
6. Blockchain - https://aithority.com/guest-authors/blockchain-technology-in-the-future-7-predictions-for-2020/
7. Quantum Computing - https://www.quantaneo.com/Top-5-trends-in-quantum-technology-to-look-for-in-
2020_a397.html
8. IOT
9. Robotics and Automation - https://www.slideshare.net/paulyoungcga/whats-next-for-automation-private-and-public-
sector
10. AI and Machine learning
8. TOP 7 AMAZING TECHNOLOGY
1. 2019 Robotics usage is estimate to be $115B or about 18% increase -
https://www.roboticsbusinessreview.com/manufacturing/global-spending-on-robots-drones-to-top-
115b-in-2019-says-idc/
2. IoT/Sensors market - IoT Sensors Market was valued at USD 5,050.0 million in 2017 and is expected to
reach USD 22,150.0 million in 2025, growing at a healthy CAGR of 32.9% for the forecast period of
2018 to 2025. The upcoming market report contains data for historic year 2016, the base year of
calculation is 2017 and the forecast period is 2018 to 2025. – Source - https://journalbitcoin.com/iot-
sensors-market-2019-2025-emerging-market-trends-size-share-and-growth-analysis/
3. 3-D Medical Implants –According to the report, global 3D printing medical devices market was valued
at approximately USD 0.89 billion in 2017 and is expected to generate revenue of around USD 2.34
billion by the end of 2024, growing at a CAGR of around 18% between 2018 and 2024. Source -
https://globenewswire.com/news-release/2018/07/18/1538822/0/en/Global-3D-Printing-Medical-
Devices-Market-Will-Reach-USD-2-34-Billion-by-2024-Zion-Market-Research.html
4. UN – Basic Right / Internet Access - https://www.techzim.co.zw/2019/01/internet-access-is-a-human-
right-united-nations-report/
5. Car Sharing - MRS Research Group added Market Research has published a new report titled Global
Car-Sharing market was estimated at USD million in 2018 and expected to reach USD million by the
end of 2025, growing at a CAGR of between 2018 and 2025. – Source -
https://globenewswire.com/news-release/2019/01/15/1691561/0/en/Global-Car-Sharing-Market-
2018-is-Set-to-be-a-Billion-Dollar-Industry-by-2025-According-to-Market-Forecasts-MRS-Research-
Group.html
6. Phone implants – Wearable devices - https://www.dr-hempel-network.com/digital-health-
technolgy/implantable-wearables-in-healthcare/
7. AI / Manufacturing - The AI in manufacturing market is expected to grow from USD 1.0 billion in 2018
to USD 17.2 billion by 2025, at a CAGR of 49.5% - Source - https://www.prnewswire.com/news-
releases/the-ai-in-manufacturing-market-is-expected-to-grow-from-usd-1-0-billion-in-2018-to-usd-
17-2-billion-by-2025--at-a-cagr-of-49-5-300785186.html
9. ECONOMIC GROWTH
Source - http://www.gbm.scotiabank.com/English/bns_econ/forecast.pdf or https://www.scotiabank.com/ca/en/about/economics/economics-
publications/post.other-publications.global-outlook-and-forecast-tables.scotiabank's-forecast-tables.2020.august-4--2020.html
10. TOP TECHNOLOGY FOR 2019
Source - https://www.simplilearn.com/top-technology-trends-and-jobs-article
Technology Canada Rest of the World
Artificial Intelligent Cdn busineses are struggling with adopting AI - https://www2.deloitte.com/ca/en/pages/press-
releases/articles/ai-adoption-among-canadian-businesses-stagnant.html
Asia and EU dominate the adoption http://strategyonline.ca/2018/09/20/how-canadian-companies-rank-on-
ai-adoption/
Machine Learning Machine Learning adoption has been slowed in Canada
https://business.financialpost.com/technology/canada-risks-losing-its-artificial-intelligence-
edge-as-adoption-lags-and-the-tech-goes-mainstream
Machine learning adoption is world-wide issue as there is lack of skill - https://www.information-
age.com/machine-learning-adoption-123477194/
Robotic Process Automation or RPA Canadian businesses have been adopting robotic technology -
http://www.digcompass.ca/intelligent-industrialization-the-next-wave/mapping-canadas-
industrial-automation-industry/
Asia and EU have adopted robotic/automation for many years.
https://www.scottautomation.com/news/articles/robotic-boom-will-bring-1-3-million-robots-by-2018/
Blockchain Canada is leading in development of block chain - https://cointelegraph.com/news/why-canada-
has-emerged-as-a-leading-blockchain-and-crypto-nation-expert-take
Blockchain is expanding globally - https://irishtechnews.ie/global-blockchain-adoption-which-countries-are-
leading-the-charge/
Edge Computing More and more Cdn businesses are adopting edge computing -
https://www.itbusiness.ca/slideshows/what-does-2019-have-in-store-for-canadian-enterprises
Market continues to grow https://www.grandviewresearch.com/industry-analysis/edge-computing-market
Virtual Reality and Augmented Reality Cdn businesses have been slow to adopt AR -
https://www.statista.com/statistics/866903/canada-augmented-virtual-reality-market-size/
Global market continues to see growth - https://www.marketwatch.com/press-release/virtual-and-
augmented-reality-market-is-set-to-grow-us-117-billion-by-2022-2019-01-03
Cybersecurity Canada can do more to support cybersecurity - https://www.itworldcanada.com/article/cyber-
security-predictions-roundup-for-2019/413245
Global Market continues to see growth -
https://www.businesswire.com/news/home/20181221005269/en/Global-Cyber-Security-Market-2024-
Increase-E-commerce
Internet of Things More can be done - https://business.financialpost.com/investing/five-canadian-iot-stocks-flying-
under-the-radar
There has been a slow adoption around the world - https://www.prnewswire.com/news-releases/iot-growing-
in-importance-but-enterprise-adoption-lags-pace-of-development-says-isg-research-300625588.html
Cloud https://www150.statcan.gc.ca/n1/daily-quotidien/190313/dq190313b-eng.htm “In 2017,
over 4 in 10 enterprises (42.8%) used at least one type of advanced technology. Business
intelligence technologies (22.5%), such as cloud-based computing systems and big data analytical
tools”
Global market” The worldwide public cloud services market is projected to grow 17.5 percent in 2019 to total
$214.3 billion, up from $182.4 billion in 2018, according to Gartner, Inc.” -
https://www.gartner.com/en/newsroom/press-releases/2019-04-02-gartner-forecasts-worldwide-public-
cloud-revenue-to-g
Digital Public and private sector are slowly adapting to digital Many countries continue to move forward with digital strategy
11. TOP STEAMING SERVICES
Source - https://www.makeuseof.com/tag/the-best-tools-to-watch-tv-on-your-computer/
Ranking Name
1 Netflix
2 Hulu
3 Amazing Prime Video
4 Vudu (Walmart)
5 Xfinity Stream
6 iTunes
7 Google Play
8 FandangoNOW
9 Sling TV
10 YouTube TV
11 Playstation Vue
12 DirecTVNow
13 USATVNow
14 PlutoTV
15 FuboTV
Many network have their
own streaming services,
i.e. TSN, CTV, CBS, ABC,
etc.
Disney+ Launched - November 2019
Source -
https://www.forbes.com/sites/donreisin
ger/2020/06/19/disney-says-its-ended-
the-disney-free-trial-because-of-its-
compelling-entertainment-
offering/#f8c1487ef319
12. FASTEST GROWING COMPANIES/CANADA – TOP 40
Source - https://www.canadianbusiness.com/lists-and-rankings/growth-500/2018-ranking-g500/
13. TRADING AND INVESTING –
DISRUPTIVE TECHNOLOGY
Source -
https://www.nextbigfuture.com/2019/03/trading-
investing-with-disruptive-
technologies.html?utm_source=feedburner&utm_mediu
m=feed&utm_campaign=Feed%3A+blogspot%2Fadvanced
nano+%28nextbigfuture%29
Fund managers have already embraced cutting-
edge technology in the form of blockchain and
over 2000+ digital counties which now populate
this fantastic new arena. A caveat is in order
however: the spectacular growth which saw
this industry exceed $800 billion by Q4 2017
rapidly reversed to become a $133 billion
market by present-day standards.
14. IT OUTSOURCING
Source - https://www.cfo.com/technology/2019/08/it-outsourcing-at-a-five-year-
high/?utm_campaign=CFODailyAlert&utm_nooverride=1&utm_source=CFO-
email&utm_medium=email&utm_content=CFODailyAlert_Tuesday_2019-8-6&utm_term=technology
15. CHARACTERISTICS OF FAST GROWING COMPANIES
• Take on the world (exports)
• Export Development Corporation
• Leveraging Trade and Investment deals (FIPA)
• Embrace transparency
• Motivating employees to succeed
• Stock Options
• Compensation
• Empowering collaboration
• Become a skills factor
• Continue to develop key skills that will drive performance (IT, Supply Chain, Pragmatic Marketing, etc.)
• Cultivate resilience
• Those that adjust to changes survive prosper and those that do not are gone
• Build with a big mind
• Constantly review business processes to ensure efficiency, controls and effectiveness are enforced.
16. SMALL BUSINESS TAX CHANGES
Source - http://www.bnn.ca/rosenberg-proposed-small-business-tax-changes-make-no-sense-1.860591
The federal government’s proposed changes to taxes for private corporations “make no sense” and will
increase the chances of a Canadian recession, according to Gluskin Sheff Chief Economist David
Rosenberg.
“The consequences of these proposals are going to be very far reaching,” the influential economist told BNN
in an interview Tuesday. “We are going to add on another layer of complexity to the Canadian economy right
now with these tax changes -- that makes absolutely no sense to me, whatsoever.”
Despite the recent strength of Canada’s economy, Rosenberg says the outlook for Canada remains
precarious as the economy braces for the impact of a rising loonie, a housing slowdown and continued
uncertainty about the future of the North American Free Trade Agreement.
“The risk of a recession is obviously heightened by these tax changes,” he said.
On top of that, small businesses in Ontario have already absorbed higher provincial taxes and could soon
face a 30 percent hike in the minimum wage and rising electricity rates. The circumstances are eerily similar
to the early 1990s when Ottawa brought in the controversial Goods and Services Tax that pushed Canada’s
economy into a recession, Rosenberg said.
17. CANADA AND IT HUB
Source - https://techcrunch.com/2017/04/20/canada-is-north-americas-up-and-coming-startup-center/
And it’s no surprise that startups excel in the country. Sure, there
is less access to VC funding and the persuasive call of Canada’s
southern neighbor, but the Canadian government is working hard
to build and keep successful startup ecosystems. There is a
huge selection of government aid available to small businesses,
some of which includes grants that don’t have to be paid back.
Alongside substantial government backing is Canada’s array of
world-class universities. The University of Waterloo —
increasingly known as Canada’s answer to MIT — sees
incredible numbers go to Silicon Valley every year, while others
all over the country produce thousands of talented grads.
While eventually losing out to Colombia, Canada was shortlisted
as country of the year by The Economist in 2016. The United
States’ northern neighbor boasts world-class universities and
resources to develop talent and, currently, the Canadian dollar is
0.75 cents to the American dollar. This means a highly educated
workforce is available for less capital for entrepreneurs all over
the world who are ready and willing to make the leap to Canada
• Government innovation funds -
https://www.slideshare.net/paulyoungcga
/federal-government-programs-to-
support-innovation-and-business
• CPC continue on the commitment started
by Paul Martin in terms of innovation
Funds -
http://www.ottawalife.com/article/innova
tion-in-canadas-science-and-technology-
sector-prime-minister-stephen-harpers-
new-strategy
• IBM and Federal Government -
https://beta.theglobeandmail.com/news/
politics/ottawa-reveals-details-of-15-
billion-fund-for-science-
strategy/article21957502/?ref=http://ww
w.theglobeandmail.com&
• Incubation centers – Key Areas
• Waterloo, Markham, Quebec City,
Montreal, Kingston, Vancouver and
Ottawa
18. JUSTIN TRUDEAU / TECHNOLOGYhttps://www.cp24.com/news/trudeau-looks-to-lure-tech-talent-capital-north-in-san-francisco-visit-1.3794557
Why would capital come to Canada from the Tech Belt?
Here are the issues when it comes to business investment:
• Carbon Tax – Prices continues to rise as impact of carbon pricing works itself through the economy - https://www.bnn.ca/awash-in-red-ink-canadian-
clean-tech-struggling-despite-ottawa-s-green-goals-1.729679 or https://www.youtube.com/watch?v=0jIrmGIh1Lc&t=2s
• Small Business - https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-taxes/ (KW is home to Chagger’s riding)
• Canada already has vibrant technology market for decades - https://www.thestar.com/business/2016/07/25/canadas-high-tech-bigger-than-thought-
report-finds.html. It was previous government policies from both Martin and Harper that supported growth
• Tech companies are concern with government possibly making changes to stock options - http://www.cbc.ca/news/business/stock-option-deduction-
tax-rate-1.4030442. Liberals have a spending problem as such they now have a structural deficit - https://www.slideshare.net/paulyoungcga/fiscal-
management-canada-debt-to-gdp-and-surpluses-deficits-december-2017
• Trudeau has been handing out innovation moneys - https://www.fin.gc.ca/fiscmon-revfin/2017-11-eng.asp (The government has bump up grants by
close to $400M). The problem is that innovation takes time to go from incubation to commercialization
• Technology continues to advance in areas like AI, vertical farming, etc. Canada plays part in many of those areas -
https://www.slideshare.net/paulyoungcga/top-technology-trends-for-2018
• It is not one policy that attracts business investment. The problem is Canada is less competitive today than it was back in 2015 -
https://www.slideshare.net/paulyoungcga/competitiveness-canada-vs-other-countries-january-2018
• Trudeau seems more happy with photo ops and selfies than actually dealing with issues facing Canadians like Kinder Morgan -
http://www.timescolonist.com/news/local/horgan-rejects-retaliation-for-alberta-s-wine-ban-1.23167977
• Clean Technology fund is losing money - https://business.financialpost.com/technology/liberals-600-million-cleantech-fund-is-losing-money-and-
struggling-to-find-investments
• Canada has had innovation areas for many years. There has been many business parks created that are align with colleges and university -
https://dailynews.mcmaster.ca/article/mcmaster-and-hamilton-startup-incubator-celebrates-third-anniversary/
• Canada already had many innovation funds created by previous governments - https://www.slideshare.net/paulyoungcga/federal-goverment-canada-
innovation-investment
19. CRISIS MANAGEMENT
Source - https://www.industryweek.com/technology-and-iiot/media-gallery/21126839/tale-of-covid19-crisis-inspiring-innovations
1. Drones providing indoor disinfection
2. Solving last mile issues - Supply Chain Management and Robots
3. Virtual tours and meetings - AR/VR production visits
4. Monitoring of patients - Constant temperature monitoring
5. Advance remote monitoring and testing
6. 3-D printing of supplies
7. Improvement containment – Tracking/isolating events
8. Enabling virtual pods
9. Retail store / Improving inventory automation and checkout
10. Manufacturers working together to deal with supply issues - Coming together to address supply chain issues
11. Protecting front-line workers (3-d printing of masks and other equipment)
12. Video messaging
13. Expanding medical training opportunities
20. BLOG – CLEAN TECHNOLOGY
There was $204M increase in Mfg. sales for September 2017 as compare to
August 2017. The main leaders have been coal and Oil. Are coal and oil not
targets for McKenna? https://ca.reuters.com/article/topNews/idCAKBN1DG1X2-
OCATP
McKenna https://www.thestar.com/news/canada/2017/11/13/environment-
minister-catherine-mckenna-uses-twitter-to-protest-pro-coal-event-at-cop23.html
“While the event was underway, McKenna staged her own protest of sorts
on Twitter, using her account to promote alternatives such as solar power
and suggest that phasing-out coal is a massive opportunity for innovation.
Later this week, McKenna and British climate minister Claire Perry are to
launch an alliance to get the rest of the world to sign a pledge to move away
from coal. (FYI – Where is the discussion on cost to attract raw materials
like vanadium or aluminum or lithium or rare metals? Where is discussion
that coal is used to make steel? Where is the discussion that you have
mined=>Refined=>Fabricate=>Ship=>Install?
https://www.slideshare.net/paulyoungcga/clean-technology-raw-
materials-and-clean-products-canada-november-2017
I guess McKenna must have slept through both economics and accounting
courses or she would see businesses need to be viable:
http://www.bnn.ca/awash-in-red-ink-canadian-clean-tech-struggling-despite-
ottawa-s-green-goals-1.729679
21. BRAIN DRAIN /
CANADA
•Source -
https://www.immigration.ca/canadas-
brain-drain-figures-show-technology-
graduate-exodus
Employment / Canada
Source - https://www.itbusiness.ca/news/employers-hiking-salaries-to-attract-
new-hires-but-forgetting-about-current-staff-hays-reports/108042
Tech job growth in Canada has been increasing over the past couple of years –
Toronto was ranked as the top city for growth in 2017 with more new tech jobs
than San Francisco, Seattle and Washington D.C. combined.
But the demand for talent continues to outpace the number of available skilled
candidates. About 76 per cent of employers reported to Hays they have
experienced a moderate to extreme skills shortage. Retirement, as well as a lack
of training and professional development programs at universities and colleges in
Canada, are contributing to this shortage
23. TECHNOLOGY / BLOG - TRUDEAU
Source - https://www.canadianmanufacturing.com/financing/innovation-network-in-ontario-to-help-create-18k-jobs-231162/
Speaking in Kitchener, Ont., on Tuesday, Prime Minister Justin Trudeau said the investment in a growth and
innovation network brings together three top innovation hubs – Communitech, MaRS Discovery District, and Invest
Ottawa.
As part of the investment, Communitech will receive $18 million, MaRS Discovery District will receive $17.5 million,
and Invest Ottawa will receive $16.9 million.
The three organizations will pool resources to create and implement the Scale-Up Platform, a venture that will help
30 Ontario companies scale up and achieve revenues of $100 million or more by 2024, as well as provide services to
thousands of others.
• Government role is not to pick and choose winners and losers
• The above handouts do not deal with systemic issues facing businesses across Canada, i.e. hikes to CPP, forced
carbon tax (applies to power generation), more red tape, etc, -
https://www.slideshare.net/paulyoungcga/business-competitivesness-canada-march-2019
• I support innovation centers, but those innovation centers should be at all post-secondary institutions.
24. BRAIN DRAIN
• https://www.cbc.ca/news/canada/kitchener-waterloo/prime-minister-trudeau-kitchener-tech-hub-announcement-
1.5099705?fbclid=IwAR1tGzcvzzdu0ywPk9Qv2XS59At4aMGafy91XAq2xZn_FIq_VQeUAtU4LMw
• @JustinTrudeau policies are also leading to brain drain!
https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
•
• https://www.cbc.ca/news/canada/kitchener-waterloo/prime-minister-trudeau-kitchener-tech-hub-announcement-
1.5099705?fbclid=IwAR1tGzcvzzdu0ywPk9Qv2XS59At4aMGafy91XAq2xZn_FIq_VQeUAtU4LMw
•
• @JustinTrudeau policies are also leading to brain drain!
https://www.slideshare.net/paulyoungcga/technology-market-canada-and-the-world-march-2019
@BardishKW
Do you spend any time with startups? I bet you don't
@emilia_suze
• Brain Drain - https://www.theglobeandmail.com/business/technology/article-canada-facing-brain-drain-as-young-tech-talent-leaves-for-silicon/
• Canadian Technology community not happy with small business tax reforms - https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-
taxes/
• There needs to be better alignment of education with jobs of today and tomorrow - https://www.slideshare.net/paulyoungcga/skills-gap-education-and-training-
canada-march-2019
25. ENTREPRENEUR RANKING BY COUNTRY
Source - https://thegedi.org/global-entrepreneurship-and-development-index/ or https://www.cbc.ca/news/business/entrepreneurship-in-canada-ranks-2nd-in-world-report-
says-1.3093290
CBC – May 29, 2015 – (Canada Rank #2)
28. BLOG # 1 – TRUDEAU
AND TECHNOLOGY
• https://www.cbc.ca/news/canada/toronto/trudeau-credits-immigration-for-canada-s-growing-tech-sector-at-toronto-conference-
1.5142924?fbclid=IwAR27_pOZxa1cXuRNKsI8ItiexjTadMI2nIPmZ62t5DjcpUdFdP9BtSBlISo
• Lower carbon economy?
• https://twitter.com/inklessPW/status/1130640454586949632
• BTW: Technology has been growing long before Trudeau took office. Trudeau has hindered the tech sector with his new small
business taxes, i.e. income sprinkling and passive income rules.
• https://www.slideshare.net/paulyoungcga/2019-election-issues-technology-sector-canada-april-2019
• Someone needs to explain to PM Zoolander that technology must be viable!
• Growing tech sector? It would be doing much better if @justintrudeau address his poorly constructed tax and economic policies!
- https://www.bdo.ca/en-ca/insights/tax/tax-articles/implications-of-the-governments-tax-changes-on-the-technology-sector/
29. 2019 ELECTION - TECHNOLOGY
@JustinTrudeau focus has been on appeasing the tech giants not the startups! Trudeau tax policies, i.e. income splitting, passive
income, etc. have discourage people to start companies up in Canada.
https://www.slideshare.net/paulyoungcga/2019-election-technology-sector-canada-august-2019 or
https://www.slideshare.net/paulyoungcga/2019-election-innovation-canada-august-2019 or
https://www.slideshare.net/paulyoungcga/2019-election-small-business-and-entrepeneur-canada-august-2019
https://business.financialpost.com/opinion/jack-mintz-low-productivity-is-making-canada-poorer-heres-how-we-can-fix-that
Leaders in the data economy - https://hbr.org/2019/01/which-countries-are-leading-the-data-
economy?utm_campaign=PostBeyond&utm_medium=Social&utm_source=LinkedIn&utm_term=%23309215 - Canada is one of
leader, but still lags the United States.
30. SMALL BUSINESS / IT
@BardishKW @mary_ng I have worked with small bus. for nearly 30 yrs. as such your small business reforms are hurting
them. You did not listen to small bus. tax concerns, why?
@mary_ng any input or do you need to go to @tylermerdith or @telfordk for a response
How come the top 1% is paying less in taxes
What support would that be? It is not the small business tax changes as entrepreneurs told Morneau to make the changes
and he did!
https://www.theglobeandmail.com/politics/article-high-income-earners-paid-46-billion-less-in-taxes-in-2016-despite/
https://www.slideshare.net/paulyoungcga/2019-election-small-business-and-entrepeneur-canada-august-2019
IT sector also said they did not agree with your small business taxation reforms -
https://business.financialpost.com/personal-finance/taxes/new-business-taxes-creating-a-whole-new-group-of-losers or
https://globalnews.ca/news/3741638/canadian-tech-ottawa-trudeau-small-business-
taxes/beta/?utm_expid=.kz0UD5JkQOCo6yMqxGqECg.1&utm_referrer=https%3A%2F%2Fwww.google.com%2F
31. DATA AND AI
• AI market to reach $126B+ https://www.tdworld.com/smart-utility/data-analytics/article/21120143/ai-software-
market-to-reach-1260-billion-in-annual-worldwide-revenue-by-2025
• China is the world leader in AI - https://www.inc.com/magazine/201809/amy-webb/china-artificial-intelligence.html
• “Microsoft is part of the IBD Leaderboard. The Leaderboard is IBD's curated list of leading stocks that stand out on
technical and fundamental metrics. Chip maker Nvidia (NVDA), a leader in artificial intelligence, also belongs to the
Leaderboard. Aside from chip makers, some software companies are among artificial intelligence stocks to watch.
Many software-as-a-service companies use AI tools. Enterprise software maker ServiceNow (NOW) has been making
AI acquisitions. Under new Chief Executive Bill McDermott, ServiceNow in January acquired two AI companies,
Passage AI and Loom Systems. ServiceNow owns a Relative Strength Rating of 93 out of a possible 99. DocuSign
(DOCU) on Feb. 27 agreed to buy Seal Software for $188 million. The startup uses artificial intelligence for contract
analytics. Intel on Dec. 16 acquired Israel-based Habana Labs for $2 billion. Intel in 2016 bought Nervana Systems in
an earlier move to take on AI chip leader Nvidia. ”https://www.investors.com/news/technology/artificial-
intelligence-stocks/
32. DATA AND AI TRENDS
Source - https://www.gartner.com/smarterwithgartner/gartner-top-10-trends-in-data-and-analytics-for-2020/
1. Trend 1: Smarter, faster, more responsible AIBy the end of 2024, 75% of enterprises will shift from piloting to
operationalizing AI, driving a 5X increase in streaming data and analytics infrastructures.
2. Trend 2: Decline of the dashboard - Dynamic data stories with more automated and consumerized experiences will
replace visual, point-and-click authoring and exploration. As a result, the amount of time users spend using predefined
dashboards will decline. The shift to in-context data stories means that the most relevant insights will stream to each
user based on their context, role or use. These dynamic insights leverage technologies such as augmented analytics,
NLP, streaming anomaly detection and collaboration
3. Trend 3: Decision intelligence - By 2023, more than 33% of large organizations will have analysts practicing decision
intelligence, including decision modeling. Decision intelligence brings together a number of disciplines, including
decision management and decision support. It encompasses applications in the field of complex adaptive systems that
bring together multiple traditional and advanced disciplines.
4. Trend 4: X analytics Gartner coined the term “X analytics” to be an umbrella term, where X is the data variable for a
range of different structured and unstructured content such as text analytics, video analytics, audio analytics, etc.
5. Trend 5: Augmented data management - Augmented data management uses ML and AI techniques to optimize and
improve operations. It also converts metadata from being used in auditing, lineage and reporting to powering
dynamic systems.
33. DATA AND AI TRENDS
Source - https://www.gartner.com/smarterwithgartner/gartner-top-10-trends-in-data-and-analytics-for-2020/
1. Trend 6: Cloud is a given - By 2022, public cloud services will be essential for 90% of data and analytics innovation. As
data and analytics moves to the cloud, data and analytics leaders still struggle to align the right services to the right
use cases, which leads to unnecessary increased governance and integration overhead.
2. Trend 7: Data and analytics worlds collide - Data and analytics capabilities have traditionally been considered distinct
entities and managed accordingly. Vendors offering end-to-end workflows enabled by augmented analytics blur the
distinction between the two markets.
3. Trend 8: Data marketplaces and exchanges - By 2022, 35% of large organizations will be either sellers or buyers of data
via formal online data marketplaces, up from 25% in 2020.
4. Trend 9: Blockchain in data and analytics - Blockchain technologies address two challenges in data and analytics. First,
blockchain provides the full lineage of assets and transactions. Second, blockchain provides transparency for complex
networks of participants.
5. Trend 10: Relationships form the foundation of data and analytics value - By 2023, graph technologies will facilitate
rapid contextualization for decision making in 30% of organizations worldwide. Graph analytics is a set of analytic
techniques that allows for the exploration of relationships between entities of interest such as organizations, people
and transactions.
34. OTHER SOURCES:
• Innovation Funds - https://www.slideshare.net/paulyoungcga/federal-government-programs-to-
support-innovation-and-business
• Federal Government and Innovation - https://www.slideshare.net/paulyoungcga/federal-goverment-
canada-innovation-investment
• Clean Technology - https://www.slideshare.net/paulyoungcga/world-needs-to-clean-up-its-act-as-it-
relates-to-the-environment-march-2017 or https://www.slideshare.net/paulyoungcga/government-
policy-clean-and-green-technology-canada or https://www.slideshare.net/paulyoungcga/green-
economy-clean-technology-whats-next
• Global Economy - https://www.slideshare.net/paulyoungcga/what-is-next-for-the-global-economy-
august-2020
35. WHAT CAN BE DONE?
• Protection IP
• Helping small to medium businesses adopted more automation – Post Covid 19 - https://www.slideshare.net/paulyoungcga/transforming-the-economy-postcovid19-
canada-and-the-world
• Taxation Policies
• Reforms – Tax Fairness - https://www.slideshare.net/paulyoungcga/designing-social-programs-and-tax-fairness-policies
• Streamlining the tax code and working with countries to implement BEPS - https://www.slideshare.net/paulyoungcga/beps-profit-erosion-mandate-close-consolidate-and-reporting
• Avoiding any wealth taxes - https://www.slideshare.net/paulyoungcga/wealth-tax-does-the-world-need-a-wealth-tax
• Hydro Policies
• Capping the rise in hydro rates
• Trade/Investment
• More Free Trade Deals including FIPA
• Reforming the WTO - https://www.slideshare.net/paulyoungcga/2019-election-global-trade-barriers-and-protection-wto-canada-september-2019
• Skills development
• Working with colleges and university as part building the skills required to support next generation of jobs - https://www.slideshare.net/paulyoungcga/human-capital-skills-trades-and-skills-
development
• Access to capital
• Bridge funding
• More innovation Centers (Partnerships between Colleges/University, all levels of government and private sector
36. TRAINING AND DEVELOPMENT
• If you like to learn more about
trade and/or other subjects as
part of your professional
learning and development
then feel free to review my
material on
https://www.udemy.com/
(search Paul Young CPA CGA)
• These subjects address how
to fixed issues with housing
and/or systemic issues related
to economy including
government policies