Planning Your Company’s Digital Transformation
From process management to payment facilitation, operational tasks in every industry are being transformed by digital technology innovations. Custom mobile apps that assist a just-in-time inventory tracking, or secure inventory management that utilizes block-chain solutions — both are examples of how Canadian companies are streamlining and boosting their bottom-line.
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Technology Adoption Challenges For Canadian Firms
The demand for information technology (IT) services across Canadian industries is one factor contributing to a shortage of experienced digital talent. However, the adoption rate of digital solutions is lower than among US or European industries, particularly among SMEs, perhaps indicating a greater aversion to risk associated with the cost of development. Recently, Canadians are discovering surprising, new sources of high quality IT services in developing economies that can make the transition to a truly global operation a near-term reality for any business.
Roz Mugford of Double Barrel and new Colombian partner, Juan Duque of Mambo Estudio
Emerging Global Sources Of It Services Expertise
Through its successful support of the GATEWAY to Trade services export development programme in Costa Rica and Colombia, TFO Canada has helped to establish these kinds of business relationships between Canadian clients and IT services firms in both countries. “When we were first contacted in April [2018] with the idea of meeting with Colombian companies, ‘going international’ wasn’t on our radar,” says Roz Mugford, CEO of Hamilton, Ontario’s Double Barrel Studios. Just six months after her initial meeting with Juan Manuel Duque, CEO of Colombian film and animation company, Mambo Estudio, not only has Double Barrel found a partner to share the workload, but one that will potentially transform the growth strategy of both companies by offering entirely new client services.
Dale Mugford, Double Barrel’s COO, adds “We realized that this was opening doors in ways we couldn’t have before…there are new business opportunities that we hadn’t considered that are now available to us. It also allows our primarily Canadian customers to enjoy services that we wouldn’t have offered because they would be cost-prohibitive.”
For more information on exciting new sources of IT services to assist your company’s digital transformation, contact us. To learn more about the GATEWAY to Trade programme and the IT services companies involved, visit www.gatewaytotrade.com.