TechNavio today launched its report IT Market in Canada 2011“2015 based on an in-depth study focusing exclusively on Canada. The report aims to aid decision makers™ understanding of the key trends impacting the market.
Commenting on the report, an analyst from TechNavio™s IT Services team said; Most of the organizations in Canada are increasingly adopting virtualization solutions to optimize resources and enhance their efficiency. Small and Medium-sized Businesses (SMBs) in particular are looking for effective methods to improve their networks and to concentrate on their core competencies instead of spending money and manpower on IT which is used just as a support. In Canada, more than 63 percent of organizations that employ more than 500 employees, and about 40 percent of the organizations that employ 100“499 employees, use server virtualization, and these figures are expected to increase over the next few years. Furthermore, desktop virtualization has been on the rise and the number of companies adopting desktop virtualization is expected to increase significantly over the next few years.
According to the report, the demand for data storage, and subsequently for data centers, has been on the rise because of the increasing amount of data. The use of a large amount of data requires digitization, thereby increasing the need for storage capacity. In addition, the need for backup and for secure access is also on the rise. Moreover, many Canadian firms that have data centers in the US are more than willing to move them to Canada. This has further increased the demand for storage, which has led to the increasing need for infrastructure support.
Further, the report also discusses that the shortage of talent and skills may hinder the growth of the IT market in Canada.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/it-market-canada-2011-2015
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