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Waterloo EDC Blog

Audi partners with Waterloo company to deploy innovative AI

Posted by Waterloo EDC on September 16, 2019

New technology from Waterloo-based DarwinAI has made a big impression at Audi, the German automotive giant.

Since announcing a partnership last year, the two companies have worked to apply artificial intelligence to the development of the electronic brain behind autonomous vehicles. Using DarwinAI’s technology, Audi engineers saw a 90 per cent reduction in the number of hours spent...

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Topics: technology, automotive, talent, artificial intelligence

Four maps that illustrate why Waterloo is a top “opportunity market”

Posted by Waterloo EDC on September 10, 2019

Communities are often a product of their geographical location. Fisheries tend to be near oceans. Oil towns tend to be near oil fields. Tourist hotspots tend to be near beaches or mountains.

For businesses, geographical location can mean the difference between success and failure. Business leaders need to keep global access, consumer proximity, talent and lifestyle into account when choosing...

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Topics: technology, manufacturing, site selection

News round-up: Six great Waterloo business and investment stories from August 2019

Posted by Waterloo EDC on September 3, 2019

As the dog days of summer end the Waterloo community is gearing up for a very busy autumn. Despite often being the quietest month of the year, August still had its fair share of exciting news, including glowing reports about Waterloo’s tech credentials and Canada’s immigration policies, and the launch of a new nanotechnology innovation centre. 

Here are six great business and investment...

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Topics: technology, talent, site selection

Conestoga Meat Packers are serving a global market from Waterloo

Posted by Waterloo EDC on August 21, 2019

A mainstay in Waterloo Region for almost 40 years, pork producer Conestoga Meat Packers has certainly come a long way since its humble beginnings.

Established in 1982, the once small, family-owned business became fully farmer-owned in 2001. Soon after, Conestoga Meats increased production by 100 per cent.

By 2014, the company had become the second-largest pork processor in Ontario.

Today,...

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Topics: technology, manufacturing, business

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