Technology is dominating the world and over the last decade or so has become one of the most lucrative sectors. Having tech skills in the current business landscape can be your ticket to success and help you land a good position with some of the top brands.
Canada is a developed economy, focused on aligning itself with the globalized digital market and has its own homegrown technological sector. Canadian tech companies are making waves in the global tech scene and the best part is that they are on the lookout for fresh talent.
The country is home to one of the largest tech hubs but at the same time has a lack of talent to fill tech roles. This means that while Canada is currently offering many opportunities in tech yet there is a significant shortage of professionals to apply for those roles. So, if you are keen to make it big in the tech sector then Canada can help you bring that dream to reality.
Impact of Digitization
Before the pandemic hit, technological evolution was already on an upswing but lockdown pushed the implementation and usage of new technology to unimaginable heights. Jobs became remote, meetings switched from boardrooms to zoom and dashboards became the new connectivity tool for teams.
This digital transformation led to a spurt of advanced technologies that were rapidly adopted by businesses. Suddenly markets were filled with new tech tools and many startups started taking shape. Swift changes during this time had a strong impact on Canadian technology companies.
According to the International Trade Administration, The Canadian Information and Communications Technology sector is on a growth spree and the Canadian ICT market will see this rise sharply all through 2025.
The country is home to 43,200 companies in the ICT sector and there are many new prospective startups who are looking to make the most of the growing tech culture in Canada.
Tech Growth in Canada
The Canadian tech sector is one of the key pillars that support the nation’s economy and also adds to the productivity of other industries. Canadian tech companies are backed by passionate entrepreneurs who have a keen vision.
As technology has taken over every sector, there is a huge growth in job opportunities and many top names are looking for fresh talent. According to LinkedIn companies like Cognizant, Amilia, FreshBooks, ISAAC Instruments,Tata Consultancy Services and Thomson Reuters are actively looking for candidates in Canada.
Another insight shared by ‘Skilled Worker’ shows that venture capital investment in Canada has taken a huge leap of 215% in 2021 which translates to approximately $14.2 billion. Also, many big brands such as Uber, Redit, Wayfare and Amazon have found a strong market here. Additionally, tech companies like 1Password are looking to hire double of its current workforce, which gives you an idea of why Canada is becoming a major player in tech career advancement.
Canadian tech companies are on a hiring spree as the sector is growing at a humongous rate and there is a huge skill gap in the country. This is also a lucrative opportunity for many international students and professionals who are turning to Canada to grab some amazing job roles.
Trends in the Canadian tech sector
With the Canadian tech sector growing at such a fast pace, it is evident that the entire landscape is getting impacted by new innovative trends. A job in the Canadian tech sector will not only bring you monetary advantage in the form of good remuneration, it will put you ahead in an industry that is continually evolving by making you more aware of new tools and changes in this field. Some current popular trends in the Canadian tech sector are:
Growth in technology will result in an expansion in the cybersecurity area as cybercrimes are becoming more and more of a major global threat. Companies are exploring new and more advanced options of cyber defense which includes addressing identity system defense, cybersecurity mesh, digital supply chain risk and more.
Cloud computing has become a standardized system resulting in many new trends such as Function-as-a-service (FaaS) and Cloud-native applications amongst others.
Artificial Intelligence is among the most popular technology that has been adopted by every business, be it Fortune 500 or emerging small businesses. AI has become so popular in Canada that it was part of the 2021 federal budget where C$185 million were given to accelerate the commercialization of AI research.
If you are looking to start a lucrative career in the tech sector in Canada then you should first focus on acquiring the right skills. Canadian College of Technology and Business (CCTB) can help you become qualified for the best job roles through a range of program offerings that are designed to meet current industry requirements.
These co-op and practicum programs are a perfect mix of strong theoretical knowledge combined with practical experience to help students become competent for various job roles. CCTB has an excellent faculty that holds years of experience and offer high quality education using advanced learning tools.
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