Industry Analysis & Industry Trends
At the height of the recession, slowed business activity led to revenue declines for the IT Consulting industry, as the pool of potential clients was drastically reduced. As the global economy recovers, improving business sentiment and corporate profit will drive industry revenue growth. The increase in M&A activity in other industries over the next five years will help IT consultants; with more consolidations, companies will require assistance in integrating accounting, information storage and other systems related to information technology... purchase to read more
Industry Report - Industry Locations Chapter
IT consulting firms typically are located in metropolitan hubs where professional service firms are located. These areas typically include headquarters of offices, where most information technology is handled and corporate strategy involving technology is developed.
Ontario represents the majority of industry establishments with an estimated 53.3% of total establishments in 2015. Ontario comprises 38.4% of the total Canadian population and is known for its large manufacturing presence as well as an abundance of natural resources. Consequently, high business growth and employment have attracted new IT consulting firms to the area that are providing assistance to manufacturing, energy and resource industries as well as the supporting service sector... purchase to read more