Software CEOs Predict Growth in 2010

by Paul Gasparro | Co-founder, MapleWorks Technology

I just read the results of a survey of CEOs by PricewaterhouseCoopers (PwC). The report, Emerging Canadian Software Companies: The CEO Perspective, found 60% of CEOs expect 25% growth in 2010. The economic upswing is in full swing. Last year, only 38% of CEOs were optimistic for growth.

PwC listed a couple of insightful findings in their May 18, 2010, news release announcing the survey results:

  • The number of companies seeking IP protection outside Canada is decreasing (from 56% in 2009 to 39% in 2010).
  • 43% of CEOs believe that cloud computing is critical to their model. 46% are already developing cloud computing applications; 8.6% are planning to do so.

The survey is based on responses from 130 CEOs. As the results are transferable to the optimism we see from USA CEOs, the survey is worth your time. PwC has made the report public. Here’s the link: Emerging Canadian Software Companies: The CEO Perspective.

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