Canada Tech News For Entrepreneurs Comment
There is exciting tech news for Canadian entrepreneurs in search of a business opportunity. According to Deloitte Canada, the fields of online gaming and social media are wide-open for new business in 2011. The global consulting firm predicts that there are bigger opportunities in online gaming than there have been in the last decade, because the number of online gamers of all ages has exploded.
The Zynga social simulation game Cityville, for example, has 120 million players. While the revenues from these games are typically not huge, they do tend to provide a steady cash flow. Bigger companies are already trying to reach out to non-traditional gamers, but there is plenty of room for startups to compete successfully too. Finding new ways to advertise and make money with social media is another wide-open opportunity. Deloitte predicts the greatest potential will exist at the intersection of social media and TV.