“ We have had a tremendous experience in Canada, having found great capabilities in R&D, engineering, processor development and software development. This has helped us grow from a company with $52 million in Canadian revenues in 1994 to $2 billion today. ”
Robert Lloyd, Executive Vice-President, Worldwide Operations for Cisco
Canada’s software industry benefits from a number of advantages: labour costs for high value-added activities, for instance, are significantly lower than those in the US, Japan and Europe. Furthermore, Canada’s full and free access to the large US market makes it an ideal nearshore option.