| Business and Tech Videos |
Geoweb video
|
|
|
| Top 25 Multinationals |
|
Multinationals are a critical component of the fabric of the Canadian ICT marketplace. In addition to employing thousands of people, these organizations provide a different conduit into the global ICT scene. Of the Top 25 IT Multinationals, there were five new entries on the list this year along with considerable
movement by some of the key players on our annual ranking. IBM Canada and HP Canada retained
their first and second positions respectively. With the divestiture of IBM’s PC business to Lenovo and with a few other acquisitions it was able to avoid a decrease in overall revenue in Canada. IBM Canada continues to contribute immensely to the Canadian ICT scene and delivers important elements of IBM solutions that are used globally. Given its world product mandates, the company exports approximately $1.7 billon in revenue. HP Canada experienced double-digit growth of 11 per cent, four points greater than the seven per cent growth the year before. HP Canada spent last year focused on implementing
its strategy and had considerable success in verticals like healthcare, with agreements like the Mount Sinai Infrastructure Solutions and Services contract.
The next four players, Microsoft, Xerox, Cisco and EDS, all changed ranking. Microsoft and Cisco moved up positions but Xerox and EDS moved down. Microsoft’s move from fifth to third was caused by a number of factors. The consumer sector has been growing faster than the traditional enterprise markets and the ISV community continues to increase its utilization of Microsoft platforms. Cisco’s Canadian revenues grew by 25 per cent, in stark contrast to EDS’ decrease of 10 per cent. However, these four companies have historically been very close in the ranking with only $116 million in revenue between them.
The new entries on the list this year are Ajilon Canada Inc. (13th place), Allegis Group Canada (19th), Algorithmics (20th), Cedara Software (22nd) and Keane (24th). Ajilon and Allegis demonstrate the continued growth in the IT staffing sector in Canada with 20 per cent and 46 per cent growth respectively. Keane also demonstrated a solid 25 per cent growth in building an impressive application development
services capability centre in Halifax and a secondary location in the Toronto area. Computer Science Corp. (CSC) maintained its positioning as 10th on the list but suffered an overall reduction of revenue by
21 per cent. The managed services business often suffers a long sales cycle and we believe CSC’s revenue decline this year may be attributed to this.
Symantec experienced superlative growth of 37 per cent but still dropped from the 17th to 18th position. This high growth is reflective of a market that is very focused on security issues; the drop in ranking is a result of new companies being added to the list this year. Computer Associates also demonstrated a solid 34 per cent increase in revenues and a move up four positions to 14th on the list. CA has made several acquisitions over the year and the effect of this was evident in Canada as well. CA global management changes are also having a dramatic impact on putting the company on a path of renewal. Overall, the total revenue generated by the Top 25 Multinationals increased by 5.77 per cent over last year.
|
|
|
| Green Innovation |
|
|
| Top 300 Tech Companies |
 
|
| Gadget of the Week (Canadian) |
|
Pick the best 3G for you
BlackBerry Bold
Choosing the right smartphone is an important decision, and here’s the good news...
more Tech Gadgets
|
| Gadget of the Week (Japanese) |
Sounds of Japan
Why record just the visual when you can capture the sounds as well.
more Tech Gadgets from Japan |
|
sponsored by 
