Good overview of the ICT industry with a focus especially on the challenges faced in Atlantic Canada. Outlines what venture capitalists are looking for (including: "where users can type in a postal/zip code, and the Web site will present headlines, photos and classified ads from all the local news sites" - I could produce that very easily, if any VCs want to give me a call...), barriers to entry, open source, and some interesting and telling comments on the nature of research in the field. This is exactly right: "The technical challenges in the 'science' of software are not usually whether software can solve the general problem or address the general need. Rather, can the company accurately identify and develop the right software to meet the specific market need to the point where the customer will pay?" That's why it's so important to understand the market and the environment, and not simply to understand the software.
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