Toronto is known for lots of things. The longest street in the world. The tallest freestanding structure in the world (at least, such was our claim to fame until 2007). North America’s largest continuous underground pedestrian system.
Toronto is also gaining global steam as Canada’s leading high-tech hub: home to 30% of Canada’s ICT workforce and a thriving entrepreneurial environment where the number of ICT service firms has increased by 2,000 since 2002.
A recent report, Canada’s High-Tech Hub: Toronto, showcases highlights from Toronto’s high-tech scene, including an overview of the entire sector and details about our city’s research and innovation community, talent pool and investment environment.
The report also details Toronto’s emerging tech scene–including mentions of many MaRS clients.
Mobile device proliferation will drive mobile platforms and apps
By the end of 2010, 4.6 million smartphones made their way into the hands of Canadians. Businesses are looking at how these devices can be used to improve efficiency and accuracy across all fields, from health care workers to sales staff. The mobile scene has exploded in Toronto in recent years, growing to include events such as MobileMonday @ MaRS and Mobile Innovation Week.
MaRS clients in the mobile space:
Digital media will transform creative communication and interaction
Digital media is well positioned for healthy growth in Canada: 42% of Canadians share pictures online, 41% play games, 36% download music and movies and 35% access online newspapers. Businesses are going digital too–think paperless education, reviewing presentations on the fly and sales presentations with clients onsite.
MaRS digital media clients:
- Shiny Ads
- Uken Games
- CognoVision (acquired by Intel in November 2010)
- ARB Labs
Social networking mania will demand attention and insight
Social networking is playing an increasingly important role in the ways people connect, from our personal lives to our interactions with organizations. According to a 2009 consumer survey, 74% of respondents participated in or posted to social networking or community sites. 50% of Canadian organizations use social networking for recruiting and 40% use it as an information source when making ICT purchase decisions.
Toronto is home to Facebook’s Canadian office and will soon be home to a LinkedIn outpost. With two of the biggest social networking sites setting up their Canadian offices in Toronto, opportunities for thought leadership, knowledge sharing and partnerships will undoubtedly arise.
MaRS social networking clients:
Canada’s High-Tech Hub: Toronto (download the PDF here) illustrates and confirms the City of Toronto’s motto: Diversity is our Strength. The breadth, depth and scale of the tech sector in Toronto is enormous and is poised for tremendous growth in the years to come. Where will you fit in?
Reposted from MaRS
Vanessa is a writer at MaRS. She writes all kinds of things, like posts for the MaRS blog, articles for Convergence (the MaRS magazine) and the weekly MaRS eNewsletters.