++ Action Item: Please review the background note below regarding the BDO Survey of 100 CFOs about their technology outlook then download the 2016 BDO Technology Outlook Survey, to gain insights in the key areas of mergers and acquisitions (M&A), innovations in consumer technology and cybersecurity.
“We have a shared goal with CATA in providing the community with strategic research to help enterprises succeed and to propel Canada to a number one ranking as a competitive innovation nation,” said CATA Innovation Leadership Council member, Dave Walsh, the Leader for BDO’s Tax services practice and Technology & Life Sciences industry practice (National Capital Region)
Executives/organizations interested in working with CATAAlliance to help advance our competitive Innovation Nation Campaign should contact CATA CEO John Reid at firstname.lastname@example.org
Also stay tuned for a TechNOW interview with BDO executive(s) on What we need to do to improve Canada’s competitive status?
The interview will be part of the new 360-Degree Globally Connected Video Sharing Channel defining the challenges and identify the traits and approaches required by CXO’s for successful transformational leadership to meet massive innovation driven disruption across all industries.
Download full Report: https://drive.google.com/file/d/0B__wzrAC_E12Wi1XOG9ZWEFZSjA/view?usp=sharing
According to the 2016 BDO Technology Outlook Survey of 100 chief financial officers at U.S. technology companies, less than half (48 percent) expect technology business valuations to increase in 2016, down from 62 percent last year. This reflects the more cautious view undertaken by investors in the last quarter of 2015, which saw a number of mutual funds mark down the value of their private technology holdings. Still, tech companies are fairly bullish on revenue potential for the year ahead. Nearly three-quarters (74 percent) of tech CFOs anticipate higher total revenues in 2016, projecting, on average, an increase of 8.8 percent over last year, on par with 2015 projections (9 percent). Just 2 percent of respondents expect their revenues to decrease.
The question, then, is how tech companies will seek to grow in the year ahead, and where they will look to invest?
BDO’s survey suggests the focus will be on three key areas: mergers and acquisitions (M&A), innovations in consumer technology and cybersecurity…
Interact with your Innovation Peer Group Now http://www.linkedin.com/groups/Canadian-Advanced-Technology-Alliance-CATA-37239/about
The Canadian Advanced Technology Alliance (CATAAlliance) is Canada's One Voice for Innovation Lobby Group, crowdsourcing ideas and guidance from thousands of opt in members in moderated social networks in Canada and key global markets. (No Tech Firm Left Behind) Contact: CATA CEO, John Reid at email@example.com