Industry Analysis & Industry Trends
The Data Processing and Hosting Services industry has become increasingly popular during the past five years, as companies seek to integrate new IT services. In the five years to 2014, revenue is expected to increase, as the demand from internet publishing and private investment in computers and software increases. In the five years to 2019, several factors will boost demand for the industry. The desire for companies to improve operational efficiencies will contribute to continued industry growth and increasing demand for industry services. Over the same period, increases in the cost of providing IT resources internally will persist, making it more cost effective to outsource IT services, thereby boosting revenue... purchase to read more
Industry Report - Industry Locations Chapter
The location of firms in the Data Processing and Hosting Services industry largely follows the distribution of the population and economic activity. The largest share of industry firms are located in Ontario, which is home to an about 45.4% of industry establishments. Appropriately, Ontario is the most populous Canadian province, with about 38.8% of all Canadians living within its borders. Furthermore, Ontario is home to a significant share of the industry's downstream clients. For example, commercial banking clients like the Royal Bank of Canada, Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Scotiabank are all headquartered in Toronto.
Industry firms are also concentrated in the provinces of Quebec and to a lesser extent, British Columbia and Alberta... purchase to read more