Either by federal and local government promotion of technology or the invisible hand of capitalism, technology has taken hold in cities throughout Canada. The knock-on benefits to local economies as tech industries establish footholds include: the revitalization of city life; increased tax revenue that can be applied to improvements in infrastructure; ... READ MORE >
Technology
IT firms comprise the fastest-growing U.S. industry, with more than double the average growth of all other sectors. From software developers to new gig economy platforms, the middle market is an active participant in this exciting space.
Cyberthreats for middle market companies are increasing–RSM MMBI Survey
Unauthorized users will attempt to access proprietary data at more than half of the middle market businesses polled by the proprietary RSM US Middle Market Business Index survey in the first quarter—up significantly from 47 percent in 2018—illustrating that companies continue to battle the moving target of cyberthreats afflicting organizations of all ... READ MORE >
Apple Heart Study should not dampen industry view of health tech
On March 16, Stanford researchers released results from the Apple Heart Study; this significant research project relied on data gleaned from some 420,000 adult Americans who agreed to wear an Apple Watch that monitored their cardiac rhythms to identify irregularities. The study, which used an iPhone app to enroll participants, left observers questioning ... READ MORE >
Europe’s take on data privacy is spilling into the U.S.: Find out why in The Real Economy
The European Union's General Data Protection Regulation--better known as GDPR--stipulates tight controls for companies handling the consumer data of EU residents. U.S. companies, already challenged by these rules, are now seeing similar controls crop up in the United States, with California leading the way in privacy legislation. RSM's Alain Marcuse, ... READ MORE >
Technology industry pressured by global issues in near term
Macroeconomic indicators signal slowing growth in 2019, and the tech industry is likely to follow suit. Adding to concerns is the future of the trade spat between China and the United States, which remains unclear. As a result, some U.S. technology verticals, such as semiconductors, will be forced to absorb margin pressure by adjusting their pricing ... READ MORE >