Cable / Telecom News

Canadian apps economy red-hot and growing: ICTC report

OTTAWA – Canadians employed in the country’s apps economy have grown to over 64,000, a 25% jump in the last 16 months alone, and could top 110,000 by 2019, say analysts at the Information and Communications Technology Council (ICTC).The ICTC released its second report Monday on the red-hot Canadian mobile apps landscape.  According to The Appification of Everything: Canada’s apps economy value chain, enterprises developing apps are generating $1.7 billion in revenue per year, and that amount could reach $5.2 billion by 2019.The report, which used survey, secondary data and interviews, found that the majority of apps development is occurring in Ontario,...