Meet Ottawa’s Fastest-Growing Companies: 2018 Growth 500
The 23 Ottawa companies on the 2018 Growth grew their revenues an average of 450% between 2012 and 2017. Collectively they employed 1,148 full time-equivalent employees in 2017.
Here is the complete list of Ottawa’s fastest-growing companies for 2018.
1. Martello Technologies
Growth 500: 28
Growth (2012–2017): 2231%
Revenue (2017): $5–10 million
Headquarters: Ottawa, Ont.
What it does: Develops performance management software for communications systems
25 outstanding deep tech scaleups nominated for the EIT Digital Challenge 2018
A non-invasive sensor that detects events in rooms without the use of cameras, a technology that converts text manuals into interactive Augmented Reality trainings and a voice recognition software that recognizes 50 different emotions to enable empathic human-machine interaction – these are just three out of 25 outstanding technologies that are nominated for the EIT Digital Challenge final.Read more
Uber to open engineering hub in Toronto
Uber plans to open a new engineering office in Toronto early next year.
The company said Thursday it is expanding its corporate presence in Canada where it expects to create hundreds of new tech and engineering jobs. It plans to invest more than 200 million Canadian dollars (about $150 million) in the region over the next five years.
Canada will become the transportation company's eighth engineering hub outside the United States.Read more
Calgary teachers head back to class for a crash course in coding
CALGARY—Class is in session for some of Calgary’s K-12 teachers. Only this time, they’re the students.
Canada Learning Code, an organization committed to teaching code to citizens spanning multiple generations and demographics, is hosting a day-long workshop on Saturday geared towards teaching educators how to code.Read more
'It's really fun to see': BioWare, DeepMind part of tech surge in downtown Edmonton's office market
Downtown Edmonton’s real estate market has bounced back as the oil and gas industry recovers from its recent slump, but the glow could fade in coming months.
The office vacancy rate at the end of June dropped to 12.5 per cent, down from 15.3 per cent in 2017 and far below the crushing 26 per cent vacancy rate in downtown Calgary, figures from Avison Young real estate show.Read more
New Taipei keen on becoming smart city, says deputy mayor
New Taipei City, the largest municipality in northern Taiwan, has been selected by Intelligent Community Forum, an international organization, as one of the global top-7 smart cities for three consecutive years due to its achievement in promoting application of smart city solutions to its administration and services, deputy mayor Yeh Hueh-ching said during a recent interview by Digitimes.
The large population of nearly four million people of diverse background and the big gap in urban and rural developments have been motivating the government to enlist smart city solutions to tackle its problems and provide services, Yeh explained.Read more
Ottawa real-time traffic map shows parking spots up for grabs in 5 lots
It’s no secret that finding an empty parking spot can sometimes be a rough ride in downtown Ottawa – but the city’s online traffic map can now let you know in real time what your prospects are like in its five parkades.
Before arriving and checking the signs at the entrances, an individual can search the map to see how many parking spaces, including accessible spots, are up for grabs in the two garages in the ByWard Market, the two in Centretown and the one in the Glebe.Read more
Retail Accelerator RevTech in Dallas Selects Hamilton Company for 2018 Cohort
Dallas-based seed fund and venture capital retail accelerator RevTech has announced the companies that will participate in this year’s cohort.
RevTech said it selected four companies — two of them from Dallas — that show strong entrepreneurial experience and ability to solve retail’s biggest challenges.
By being chosen for the cohort, the companies will participate in a 12-week program, getting access to RevTech’s mentor network and industry resources.Read more
Waterloo Region launches tech site to help develop 3D maps for Ontario self-driving cars
Waterloo-based startup Communitech has launched the Waterloo Regional Technology Development Site, an innovation hub that will help develop high-definition 3D maps for autonomous vehicles.
As part of Ontario’s $80 million Autonomous Vehicle Innovation Network (AVIN) initiative, the new hub will work alongside the University of Waterloo Centre for Automotive Research, the Waterloo Region Economic Development Corporation and Canada’s Open Data Exchange on various 3D mapping technologies, according to the Record.Read more
Here’s what Sidewalk Labs’s Toronto smart city could look like
Sidewalk Labs has revealed its first peek at a plan to convert a slice of Toronto’s waterfront into a hyper-connected, sustainable neighborhood of the future.
Almost a year ago, Sidewalk Labs chose an 800-acre tract of land along Lake Ontario to prototype a brand-new community in partnership with local redevelopment agency Waterfront Toronto. The plan is to invest $50 million in smart city solutions—“mixing people-centered urban design with cutting-edge technology”—to create a place where anyone can live, work, or visit.Read more