To assist students and faculty doing business research for their studies and to support entrepreneurship at BCIT, the library has just subscribed to the IBISWorld database. It contains reports that are updated every six months (on average) and cover a large variety of industries including agriculture, forestry, fishing, mining, utilities, construction manufacturing, trade and transportation, wholesale, business support, educational services, healthcare, finance, real estate, information, retail industry, arts and recreation, accommodation and food services, pet services and more.
IBISWORLD contains three types of documents – Industry Reports, iExpert Summaries and Business Environment Profiles.
Says Sara Sethna Kandathil, Entrepreneurial Services Manager, BCIT Student Association:
“Having IBISWorld is an excellent resource for the entrepreneurial students we work with across campus. It supplements the existing library resources and databases that we have been referring students to for market research. With IBISWorld providing Canadian industry reports on a range of industries, students can gather relevant information to help them in achieving their business goals.”
Want to know more?
Industry Reports
The industry reports are their major reports. Each industry report is 30-40 pages and contain industry definition, supply chain, major players, main activities, similar industries, additional resources, and jargon & glossary. They are published at the 5-digit North American Industrial Classification System (NAICS) level.
• Canada Industry Reports (NAICS) (425 reports)
• United States Industry Reports (over 1300 reports)
• United States Specialized Industry Reports
• Global Industry Reports
iExpert Summaries
The iExpert Summaries are 4 page reports that give snapshots of the industry reports. There is a Q &A template of key industry issues.
• Canada Industry iExpert Summaries
• United States Industry iExpert Summaries
• United States Specialized Industry IExpert Summaries
Business Environment Profiles
The Business Environment Profiles are 2-3 page reports on variables that can affect an industry such as weather conditions, government policy, commodity prices and consumer attitudes. This additional information is not found in the industry reports.
• Canada Business Environment Profiles
• United States Business Environment Profiles
BCIT students, faculty and staff can access IBISWorld online via the BCIT Library website, from anywhere, even from home (*off-campus login will require BCIT ID number and password):
http://libguides.bcit.ca/marketresearch OR
http://www.ibisworld.ca.ezw.lib.bcit.ca:2048/