Canada: Utilities amongst top spenders on digital transformation

SMART ENERGY INTERNATIONAL | Canada is expected to spend up to C$28 billion on digital transformation in 2020 despite the challenges presented by Coronavirus, according to a new study released by the International Data Corporation (IDC).


The spending will mark a 7% increase compared to previous years.


The growth is notably slower than 2019 however, Canada is expected to recover quickly between 2021 and 2023 with a five-year CAGR of 13%.


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