Tag Business

Top 5 real-world IoT applications in 2022

The Internet of Things (IoT) is the next phase of the industrial revolution. Technology allows physical devices to be brought into the digital domain. IoT is the fusion of the “real world” with the “digital world,” allowing for accessible communication between people, objects and processes. The application space for IoT is disparate. Different categories of users have different needs and expectations. As one of the categories of IoT users, businesses have needs that can accelerate the introduction of new applications. These needs include increasing productivity and ensuring…

Top 5 cybersecurity trends heading into 2023

Cybersecurity has always been a never-ending race, but the rate of change is accelerating. It has grown into a fast-moving sector as security providers and hackers compete to outsmart each other. New threats and innovative ways to combat them are emerging all the time. Companies continue to invest in technology to help run their businesses, layering more systems into their IT networks to support remote work, enhance customer experience and generate value, all creating new vulnerabilities. This blog will explore the top cybersecurity trends to look for…

Internet of Things (IoT): What is it, and why does it matter?

Undoubtedly, the Internet of Things (IoT) is one of the essential branches of new technologies. Many companies can reap the benefits of the IoT – it is a technology that can save money, reduce costs and is environmentally friendly. But what is behind it all? IoT breaks down into four major components: devices, connectivity, data processing and user interface (UI). With the rapid technological enhancement of the IoT ecosystem, the device is now on the network, connecting devices everywhere to users who can then manage the devices…

Government of Canada addresses nation’s labour shortage

The Canadian economy has made a strong and rapid recovery following the COVID-19 pandemic. Canada has recovered 114% of the jobs lost compared to before the pandemic, and the unemployment rate now sits at just 4.9%, the lowest in five decades. As Canada continues to recover from the pandemic, employers are actively looking to fill hundreds of thousands of vacant positions in all sectors across the country. Job creation and economic growth The federal government is making investments to create more jobs and spur economic growth. Terry…

Top Business trends shaping the future of the workplace

As we move into the second half of 2022, now is a great time to consider the business trends that will shape the future of the workplace and how it will impact our workforce. Forbes, a leading technology and commerce media company, recently compiled a list of the most anticipated global business trends for 2022 – 2025. Here are top business trends that will impact the workplace in the near future. Remote work Remote work is here to stay. More than 50% of employees in Canada say…

Top 5 ways to support the well-being of your team

Most companies acknowledge that their employees spend most of their waking lives at work. The COVID-19 pandemic – and the move to remote and hybrid work – clouded many built-in boundaries at work and made maintaining a work-life balance more difficult. Specifically, for those working from home for the first time, working from home means working longer hours and not knowing when or how to switch off. A study by Qualtrics revealed that burnout and workplace stress are among the top reasons employees say they will look for a new job…

How artificial intelligence is shaping business

Artificial intelligence (AI) has a wide range of uses in businesses, including streamlining job processes and aggregating business data. Many people still associate AI with science-fiction dystopias, but that depiction is fading away as AI develops and becomes more commonplace in our daily lives. Today, AI is a household name – and sometimes even a household presence like Alexa or Google Assistant. AI should be looked at for business capabilities more than technologies. In business, AI has a wide range of uses; most of us interact with…

The importance of business ethics

Ethics play a more significant role in everyday business transactions than many realize. Business ethics are the set of practices and policies that companies use to guide them through decisions about finances, negotiations and deals, corporate social responsibility and more. Much like finances and marketing, ethics have become more and more important for businesses. Without a strong set of ethics, a business can run afoul of the law and encounter financial pitfalls and moral dilemmas. But good business ethics hold companies accountable for doing the right thing.…

The state of women entrepreneurship and women-owned businesses in Canada

The COVID-pandemic has magnified systemic and longstanding inequalities. Women and girls have been disproportionately affected by the crisis and the Government of Canada is taking steps to ensure there is gender equality in entrepreneurship and inclusive economic growth. Entrepreneurship is an important driver for innovation, job creation and productivity growth. However, men and women are still unequal in becoming entrepreneurs and growing their businesses: women are less likely to become entrepreneurs, and women-owned businesses are smaller than their men-owned counterparts. Research has shown that differences remain between…

What new graduates can expect entering the workforce post-pandemic

The past two years have been unpredictable for many students due to the COVID-19 pandemic which has brought unprecedented challenges for graduates entering the workforce. Graduation can be an anxious time for students, but the pandemic has created new uncertainties. Here are some the new expectations graduates who will be entering the workforce in the post-pandemic landscape will face. Remote working is here to stay Companies have realized the benefits of being able to work from anywhere. Teams can easily collaborate across multiple time zones and utilize…