Terry Booth is a national tech leader with RSM Canada. Photo by Wil Andruschak, Postmedia Content Works
Joel Schlesinger © Postmedia Network Inc.
It’s been a challenging year for many Calgary companies, but not all have been struggling because of a slow oil and gas sector, or even the pandemic.
While the city is renowned for its energy economy, its tech sector has been quietly blooming.
Just ask RSM Canada’s national tech leader Terry Booth.
He and other experts at the Calgary operations of the international business consulting firm have been working hand in glove with many tech companies.
And the recent pandemic and energy downturn have actually boosted business for a number of these small tech firms.
“Some of our tech clients have actually been prospering during the pandemic,” says Booth, a partner at RSM, adding many are involved in technologies that facilitate remote work.
“Yet that growth comes with its own set of challenges.”
That includes finding talent to fill those new positions — no easy task during the pandemic.
“As companies grow rapidly, they tend to need a lot of help because it’s hard for them to keep up from a staffing perspective,” Booth says.
While these growing tech companies may not struggle with business development, they tend to have challenges with more traditional corporate issues — like human resources.
“And that’s where we really help companies grow.”
Yet Booth adds it’s not just growing companies RSM has assisted during the pandemic. Some of its clients — which run the spectrum of the economy — are battling for survival.
“And we have been helping them navigate all the government programs to access the support.”
Central to any business — surviving or thriving — has been preparing for what comes next.
“We’ve certainly been very hands-on through the entire period helping clients understand what the future may hold,” Booth says.
More broadly, many tech companies need a lot of help because the sector is growing so quickly, in part because of the energy downturn.
“Generally when oil and gas struggles, the tech sector in Calgary grows quickly.”
Booth adds it also helps Calgary has many programs to foster tech sector growth, including incubators — of which RSM is a big supporter.
“We often act as mentors for those young companies in all aspects of their business.”
Yet no matter a company’s size, RSM is often a key partner, Booth adds.
“Simply put: We’re at their service.”
This story was created by Content Works, Postmedia’s commercial content division, on behalf of Calgary Economic Development.