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Victor Kao, Partner; Technology, Media & Telecommunications Senior Analyst

@victorkao4

Victor provides a unique blend of accounting, operations, and IT subject matter expertise, and leads a wide spectrum of projects including internal audit, Sarbanes-Oxley compliance, systems organization controls readiness and attestation, business process improvement, and information technology assessment services. Prior to joining RSM, Victor served in senior management roles in a variety of industries, including consumer products, food and beverage, technology, banking, and financial services. Currently, Victor’s core industry and subject matter expertise lies within technology.

Victor has substantial IT risk advisory experience leading and coordinating ERP software selections and implementations, IT general controls review, segregation of duties analysis, cybersecurity, and system and organization controls readiness and attestation. In 2018, Victor was selected as a senior analyst in RSM’s cutting edge Industry Eminence Program, which positions participants to understand, forecast and communicate economic, business and technology trends shaping the industries RSM serves. These senior analysts advise clients on conditions impacting middle market leaders.

CHART OF THE DAY: Gaming goes to the cloud

Oct. 1, 2020 by Victor Kao

With Amazon’s recent announcement of its cloud gaming service, Luna, the race to the cloud is on in the gaming industry as consoles and digital downloads are destined to become a thing of the past. By 2024, the global cloud gaming user base is expected to reach 124.4 million, with an estimated global revenue of $14.93 billion – a nearly tenfold growth in as ... READ MORE >

Education technology will be crucial this school year, could see record venture capital in 2020

Jul. 28, 2020 by Kurt Shenk and Victor Kao

As fall draws near, school districts, educators and parents are trying to figure out what educational plans will look like for students and teachers in the 2020-2021 academic year. Earlier in the pandemic, UNESCO estimated that nearly 1.5 billion learners globally were affected by school closures. On July 17, California Gov. Gavin Newsom ordered all schools ... READ MORE >

Upcoming Xbox, PlayStation consoles may accelerate the growing esports industry

Jul. 7, 2020 by Victor Kao

Anticipation is building around new gaming console releases expected from Sony and Microsoft, at a time when the esports industry is already growing amid the coronavirus pandemic. Sony announced full details and specifications of the redesigned PlayStation 5 console on June 11, and is anticipated to release the system in November. Not to be outdone, ... READ MORE >

Video gaming and esports, already growing in the U.S., see major lift during pandemic

Jun. 8, 2020 by Victor Kao

A rise in video gaming since pandemic shelter-in-place orders went into effect could be the wave the esports industry has been looking for to become a more widespread trend in the United States. Until more recently, the growing popularity of esports had been most dramatic in Asian countries. The trend is now spreading more in Europe and North America. ... READ MORE >

Tech jobs have not been spared in the pandemic, but growth of remote work helps some

May. 29, 2020 by Kurt Shenk, Davis Nordell, Victor Kao and David Stuart

Before COVID-19, unemployment in the technology sector was at a five-decade low and was far lower than the overall U.S. unemployment rate. Though unemployment has risen for some parts of the technology sector as the pandemic has gripped the country, companies are still hiring for other roles. Job postings for web developers and applications software ... READ MORE >

Despite COVID-19, TV broadcasting has potential to finish 2020 strong

Apr. 1, 2020 by Victor Kao

Strong revenues are becoming more of an anomaly in 2020, given disruptions across all industries as the coronavirus (COVID-19) pandemic continues to unfold. Yet despite the competitive landscape, local television stations and broadcasting networks in the United States continue to position themselves for a strong 2020, with projected revenues of $37 billion. ... READ MORE >

Coronavirus and the global technology supply chain

Mar. 11, 2020 by Victor Kao, Kurt Shenk and Davis Nordell

To understand why the coronavirus has had such a profound impact on global supply chains and the world economy, look no further than how reliant technology companies have become on Chinese manufacturers. Nearly 20 years ago, during the SARS epidemic, China’s economy was much different and less interconnected to the world economy, supplying mainly ... READ MORE >

The new tech economy is all about location, location, location

Feb. 24, 2020 by Kurt Shenk, Victor Kao, Davis Nordell, Adam Lohr and Troy Merkel

Economic output in the United States is increasingly revealing a geographic divide, with a greater share of gross domestic product being concentrated in the nation’s largest metropolitan areas. In 2018, 31 counties generated 32% of U.S. gross domestic output, according to a report in Bloomberg based on data from the Bureau of Economic Analysis. The ... READ MORE >

Coronavirus epidemic threatens technology global supply chain

Feb. 7, 2020 by Victor Kao and Kurt Shenk

Coronavirus deaths continue to rise Recently, we’ve seen significant volatility within the global market as investors continue to weigh the overall impact of the coronavirus (2019-nCoV).  While a vaccine from drugmaker Gilead Sciences Inc. brings a glimmer of hope in finding a cure, the virus continues to spread rapidly throughout China, primarily ... READ MORE >

Retransmission fees give lift to TV broadcast revenue as advertising declines

Sep. 11, 2019 by Victor Kao

It may come as no surprise that advertising revenue for broadcast television has been declining for the past decade as on-demand streaming options such as Netflix and Amazon Prime have proliferated. According to second-quarter 2019 Nielsen data, traditional television viewing among 18- to 24-year-olds fell more than 50% from five years ago to a weekly ... READ MORE >

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The Real Economy Blog from RSM US LLP was developed to provide timely economic insights about the middle market economy. It is offered as a complement to RSM’s macroeconomic thought leadership, including The Real Economy monthly publication and the proprietary RSM US Middle Market Business Index (MMBI).

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The Real Economy Blog
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