The use and integration of technology into business and everyday
life further accelerated in 2018. Both the public and private
sectors in Canada have increasingly focused on and invested in
technology as a way to improve efficiency and transform their
businesses, particularly in the cities of Toronto, Montréal
and Vancouver. The
trends we covered in 2017 have continued. Although the sky-high
valuations of cryptocurrency have subsided, activity in
technological and financing applications of blockchain remains
high.
Technologies such as artificial intelligence, blockchain and
other distributed ledger technologies, 3D printing, and smart
devices connected to the internet of things ("IoT"), are
increasingly impacting traditional mainstream industries, and are
starting to converge.
