Digital Drives Growth

Canadian small- and medium-sized businesses (SMBs) have found going digital drives business growth. A survey by KPMG LLP says 82 per cent of SMBs recognize they need to be much more digitally integrated, 85 per cent are investing much more in new technology, and 54 per cent plan to make further digital investments a priority to boost growth. However, although nearly 70 per cent of SMBs plan to increase headcount over the next three years, they can't find workers with the skills they need. "The war for tech talent isn't going away anytime soon," says Mary Jo Fedy, national leader, KPMG Enterprise. "Our poll confirmed that SMBs are finding it harder to attract candidates with the tech skills so critical to their future competitiveness and ability to innovate. SMB leaders may fear losing out to large corporations that have bigger budgets to recruit and pay top dollar for these highly skilled workers."