Waterloo EDC Blog

Talent is a challenge in tech. Software developers, data scientists and product managers are always in short supply and high demand. This means these hires are also very expensive. It’s even worse if you’re in a big city or tech hub like Silicon Valley.

We have good news for you: Waterloo can help. You just need to locate here.

Waterloo is quickly becoming one of North America’s hotspots for applied artificial intelligence. Our recent survey found that our community now boasts 95+ AI businesses, from global giants like Google and SAP to startups launching products that bring artificial intelligence to advanced manufacturing, automotive technology, robotics, security and more.

When Stu Siegel, former CEO/Owner of the NHL’s Florida Panthers, realized they were not using tech or analytics to improve the way the hockey team was playing, he began digitizing and data-basing player data, sowing the seeds of what would later become HockeyTech.

After acquiring other tech companies working in hockey analytics, Siegel began looking for a single space to house his growing...

A new report from the University of Toronto’s Impact Centre identifies five Waterloo companies that hold the potential to explode onto the world stage, including the possibility of becoming Canada’s newest “unicorn.”