The Branham300 list of top Information and Communication Technology (ICT) companies was announced yesterday. I'm proud to share that Halogen ranks 72nd in the listing of the Top 250 Canadian ICT Companies (up from 83rd last year). Halogen also ranks 18th in the listing of Top 25 Canadian Software Companies (up from 23rd last year).
If you're unfamiliar with the Branham300, it's the most comprehensive listing of Canada's top public and private ICT companies as ranked by revenues. It's published by the Branham Group, a leading analyst firm covering the ICT space in Canada.
According to the Branham Group the ICT sector in Canada continues to impress:
- The cumulative revenue of the Top 250 Canadian Information Technology & Communications firms grew by 6.8% to $90.9 billion.
- For the fifth consecutive year, the Top 250 recorded growth and set record revenues.
At a time when there are news
reports about tech talent shortages in Canada, it's positive to see that
there are so many technology companies thriving and growing.
Yes, there's an increased demand for skilled technology workers in Canada. But rather than an un-closable gap, I see it as a great opportunity to further fuel the depth and breadth of innovative technologies in Canada.
Taking a proactive approach attracting, developing and retaining technical talent
Qualified developers and software engineers are in demand, no question. What can Canadian tech companies do to attract and retain the talent needed to fill critical developer and engineering roles in their organizations?
While there is no magic wand to address increasing demand for tech skills, there are steps companies can take today to proactively fill their talent pipelines.
Here are a few of them:
1. Invest in training and development of your entire workforce - including developers and engineers. This will help ensure they are staying on top of the latest technology and software tools to remain current, and have the skills needed to keep your organization competitive. It's great for your talent, and it's great for your business.
2. Get more young people (grade school and up) interested in pursuing a career in technology. E.g. Support developer and entrepreneurial workshops, offer job shadowing, profile technology jobs to help youth see where a technology career can take them.
3. Take a holistic approach to talent management - a strong talent management strategy closely aligned to your business priorities can help you to attract the best talent as well as retain and develop the top performers already in your workforce.
4. Foster a culture of innovation and growth - build the capacity for employees at all levels of your organization to apply critical thinking skills to evaluate how new ideas, and business opportunities support the needs of the business.
While the lack of technical talent in Canada is a pressing concern it doesn't have to remain that way. Yes, more needs to be done. And not just by the organizations seeking this talent.
A consolidated effort between the education, government and private sectors can help address this talent crunch, so that technical talent will continue to fuel the growth and innovation of this critical sector in Canada.
From all of us at Halogen, congratulations to the Canadian technology companies recognized in this year's Branham300.