Ontario Technology Corridor visits New York to showcase province's tech scene
Executives from the Ontario Technology Corridor are attending Interop New York this week in an effort to show ICT companies from around the world that Ontario is an ideal place to expand or relocate their businesses.
According to Branham Group's report entitled Canada's ICT Industry: A National Perspective released in August, The Canadian province is home to the highest concentration of leading ICT companies in Canada. 52.4% of Canada’s top 250 companies are in Ontario. Those companies contribute more revenue than all other provinces in Canada combined, with $41.1 billion coming from the top 250.
“Ontario continues to offer the talent and targeted financial incentives that make our region such a strong part of the ICT industry,” said Larry MacKinnon, Director of Business Development for Technology in London, Ontario and member of the Ontario Technology Corridor at Interop. “Our job at Interop is to add to our tremendous group of companies and help demonstrate that Ontario is a prime destination in North America for ICT investments.”
Representatives from Huawei Canada will be at Interop New York 2011 to discuss their investments in the Ontario Technology Corridor. Huawei established a Canadian Headquarters in Markham, Ontario in 2008, and has since grown to 385 employees in both Markham and Ottawa.
And an example of one of the Ontario Technology Corridor’s homegrown success stories is Unlimi-Tech Software, with FileCatalyst. FileCatalyst technology has been developed entirely in Ontario. Many graduates from several Ontario universities are among the firm’s employees.
In addition to Huawei Canada and Unlimi-Tech Software, firms including Google, IBM, OpenText, RIM, Adobe, Cisco, and Microsoft take advantage of the Ontario workforce. 55% of Ontario residents aged 25-64 have advanced education certificates, diplomas or degrees – compared to 51% for Canada as a whole and 39% for the U.S.
The Ontario Technology Corridor employs nearly 260,000 people among 6,400 companies within Information and Communication Technology sectors.
