Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. These briefings drop on Tuesday mornings. Today’s Coffee Briefing is delivered by IT World Canada reporter Pragya Sehgal, with files from editorial director Alex Coop. Missed last week’s Coffee Briefing? We got you covered.
Listen to the latest episode of Hashtag Trending
South Korea works with the private sector to invest in a domestic chip supply chain, lossless music streaming comes to Apple music at no extra cost, and Sharp announces a new smartphone with a super camera.
Listen to the latest episode of Cyber Security Today
Is the Darkside ransomware gang dead or temporarily going quiet? Has ransomware suddenly got a bad name among crooks? This is what many cybersecurity experts are wondering after Darkside said it had lost access to the public part of its blog, payment server and content delivery server.
Listen to the latest episode of Hashtag Tendances (Hosted by Direction Informatique)If you live in Quebec or prefer to consume the latest technology news in French, our sister publication Direction Informatique has you covered. Follow them on Twitter as well.
In case you missed it
The recent tech news that we maybe didn’t get to yet, or it’s the news we’ve reported on and feel is worth resurfacing.
KPMG is looking for Canada’s next tech unicorn
Last week, KPMG announced the launch of the KPMG Private Enterprise Tech Innovator competition to find Canada’s next tech unicorn. The competition is open to Canadian entrepreneurs who can demonstrate to a panel of industry professionals that they have developed innovative technologies, established business models, and have the potential to scale-up globally. The winner will represent Canada in the global finals later this year, competing against the world’s best. [Complete details and link to apply here]
Microsoft now shares the top position with Amazon Web Services in the worldwide public cloud services market
Microsoft now shares the top position with Amazon Web Services in the whole public cloud services market with both companies holding approximately 13 per cent revenue share for the year, according to the International Data Corporation (IDC) Worldwide Semiannual Public Cloud Services Tracker.
The worldwide public cloud services market, including Infrastructure as a Service (IaaS), System Infrastructure Software as a Service (SISaaS), Platform as a Service (PaaS), and Software as a Service (SaaS), grew over 24 per cent year over year in 2020 with revenues totaling $312 billion.
The combined revenue of the top five public cloud service providers (Amazon Web Services, Microsoft, Salesforce.com, Google, and Oracle) captured 38 per cent of the worldwide total and grew 32 per cent year over year. [Full report here]
Increasing venture capital funding solidifies Montreal tech ecosystem – report
In 2020, the Greater Montreal tech ecosystem has 110 investments totaling CA$1.15 billion led by deals in the healthtech, biotech and analytics verticals, respectively, according to BDO Montreal Technology Report in collaboration with Hockeystick, an AI-powered matchmaking platform that uses AI to match startups with funders, like VCs and lenders.
The top three company investments were in e-commerce, traveltech and healthtech verticals, while e-commerce led in overall investment with CA$281 million in funding.
Appdirect, the commerce platform for subscription-based services, received the biggest investment – CA$250.7 million – led by new investor the Caisse de dépôt et placement du Québec, with participation from previous investors Inovia Capital, JP Morgan Chase, and Mithril Capital. AppDirect says the funds will go towards expansion, acquisitions, and new hires. [Full report here]
IT World Canada’s latest MapleSEC Satellite session was about training and awareness and understanding what techniques work best.
Yesterday, Google Canada announced a $2 million commitment to help train Canadian job seekers for new careers in technology.
As the result of some sincere requests from people who are short of time, ITWC is extending the deadline for nominations for the 2021 Digital Transformation Awards and the 2021 CIO of the Year Awards to Friday, May 21.
Today, U.S. headquartered last-mile logistics platform DoorDash announced that it’s expanding its Canadian presence with a new engineering hub in Toronto.
The acquisition marks the third purchase for Carbon60 since 2019 when it announced a major investment from private equity firm M/C Partners. The terms of the deal were not disclosed.
At its annual Partner Summit event this week, Amazon Web Services recognized a wide range of channel partners through its 2021 Canada AWS Partner Awards.