Toronto Global https://torontoglobal.ca Your Region for Business Tue, 08 Oct 2024 14:49:25 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 Toronto Global Your Region for Business false New Report Ranks Toronto as a Leader in Specialized AI Talent https://torontoglobal.ca/business-insights/toronto-as-a-leader-in-specialized-ai-talent/?utm_source=rss&utm_medium=rss&utm_campaign=toronto-as-a-leader-in-specialized-ai-talent Tue, 08 Oct 2024 14:45:42 +0000 https://torontoglobal.ca/?p=39364 In a competitive global tech landscape, it is no secret that the biggest asset for international companies is highly skilled AI talent. CBRE’s latest Scoring Tech Talent report names Toronto as a leader in AI-specialty talent, with the largest pool of AI talent in Canada.

CBRE Rankings

Toronto has the highest concentration of AI-specialty talent in Canada, with 11,700 tech workers with key AI skills. Toronto’s AI talent pool is nearly twice as large as those of other tech markets like Vancouver, Montreal, and Austin. The most sought-after AI tech talent are AI software and hardware developers. As of 2023, there were 101,900 software developers and programmers employed in Toronto.

Over the past five years, Toronto has witnessed the highest job gains among all tech markets in the Americas with a remarkable 44 per cent growth in its tech talent pool, adding 95,900 new jobs in the past five years. This surge has been driven by the increasing demand for AI skill sets across various industries.

Ranking sixth overall in North America, Toronto’s tech ecosystem has seen a massive spike fueled by a collaborative AI network, government funding, and growth of skilled graduates. These factors have created a hotbed for the development of skilled AI workers.

Versatility of AI Talent

Most of Toronto’s AI talent is employed within the tech industry. However, Toronto’s distribution of AI talent across various sectors mirrors the city’s economic diversity and dominance in ranging industries, namely business and finance.

Over 15 per cent of Toronto’s AI talent is concentrated in the finance sector, matching the trends of major financial hubs like New York with 22.2per cent and Chicago with 20.2per cent. Similarly, 22.5 per cent of AI talent work in professional services and 16.2 per cent in non-tech industries.

With a significant number of AI jobs being created in non-tech industries, AI is becoming integral to sectors like banking, law, and insurance. This trend underscores the versatility of AI applications and the growing demand for AI talent in different fields. Toronto’s workforce is well-positioned to respond to AI adoption across all sectors. In addition, Canada leads the world in terms of bringing more women into AI roles, achieving the highest year over year percentage change in female AI talent globally since 2019, including 67per cent in 2022 alone (Deloitte 2023).

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AI Talent in Financial Services.
CBRE Graph 2
Toronto’s AI talent by sector.

According to CBRE’s Scoring Tech Talent report the most impactful indicators for any market’s potential growth of AI-specialty talent are the presence of universities with established AI education programs, major technology companies developing AI and available venture capital funding. The Toronto region checks all the boxes with an ecosystem that supports the future growth of AI talent.

Global companies like Sanofi, Unilever, Samsung, and Recursion have opened AI hubs in Toronto, highlighting the region’s significant AI growth. Toronto has the highest concentration of AI startups in Canada, hosting the headquarters of over 454 AI startups. VC funding in AI companies continues on an upward trajectory. In 2023, AI companies in Ontario raised $1.16 billion the highest number across Canada.

The region’s education and research play a key role in the development of AI talent. The presence of world-class educational institutions, such as the University of Toronto and the Vector Institute, play a crucial role in nurturing this talent.  The University of Toronto ranks ninth globally in AI research. These institutions not only provide rigorous AI education but also foster an environment conducive to innovation and collaboration, making Toronto an attractive destination for tech professionals. 

The Toronto Region continues to build a strong pipeline that supports its high-quality talent pool. Since 2022, over 7,900 students have graduated with degrees in computer engineering, math, statistics, and other tech engineering. For the same year, Toronto had more degree completions than major tech hubs like Seattle and Austin.

In Toronto, the programs with the most graduate growth between 2017 and 2022 were Computer Engineering with a 68 per cent increase in degree completions; and Math & Statistics, with an increase of 92 per cent. These numbers outperform the top three tech markets (New York, Seattle and San Francisco) that have experienced decreases in degree completions in the past 5 years.

Toronto stands out as a prime destination for the world’s most ambitious AI talent. The city’s robust growth, demographic shifts, sector diversity, and commitment to inclusivity create fertile ground for innovation and success in the tech industry.

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Performance Marketing Software Company Phonexa Opens Toronto Office https://torontoglobal.ca/success-stories/performance-marketing-software-company-phonexa-opens-toronto-office/?utm_source=rss&utm_medium=rss&utm_campaign=performance-marketing-software-company-phonexa-opens-toronto-office Thu, 27 Jun 2024 20:12:53 +0000 https://torontoglobal.ca/?p=38579 Performance marketing software company, Phonexa has announced its Toronto office expansion, a move that supports the company’s growing headcount and strategic growth in the Canadian market.

The announcement was made at this year’s Collision Conference.

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Phonexa CEO, Lilit Davtyan

We sat down with Phonexa CEO, Lilit Davtyan to learn more about why the U.S. and U.K.-based company chose Canada to open its third office as it continues to expand its global footprint.

Before we discuss why Phonexa is expanding into Canada, please tell us about the company’s origins and who the software is built for?

Phonexa was created by performance marketers for performance marketers. It was originally a proprietary tool and solution for one of the largest affiliate networks in the financial services industry, and it has exponentially grown since its inception in 2016. The company’s roots are humble. Founder and President David Gasparyan is a military veteran and immigrant who once had a hundred dollars left in his name.

Now, Phonexa has evolved into a global company and an enterprise-grade tracking software for performance, affiliate, and partner marketing. We power direct advertisers, networks, and performance marketers by optimizing inbound web and call campaigns and outbound call, email, and SMS campaigns – all while having the ability to enhance the consumer journey every step of the way. With a suite of turnkey marketing products and solutions, Phonexa’s customizable tools are uniquely designed to maximize performance for high-volume direct-to-consumer companies. Some examples of those industries include home services, insurance, legal, lending, and financial services, among others.

The Phonexa Suite consists of 8 core products. It unifies various marketing activities in a single integrated platform. By bringing these business functions together, Phonexa connects technology, and typically disconnected subscriptions, under an all-in-one suite.

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What prompted the decision for Phonexa to expand into Canada?

Phonexa’s new office in Toronto marks yet another significant milestone for our company as we continue to experience rapid growth powered by our outstanding team and customer-centric innovations. Toronto is a central hub for Canada’s business, tech, and financial sectors, and this strategic expansion highlights Phonexa’s dedication to innovation and growth in a city celebrated for its dynamic ecosystem. The region’s vibrant business landscape and top-tier infrastructure will enable Phonexa to enhance collaboration and advance our affiliate and performance marketing products and solutions to better serve our global clientele. We’re excited to expand Phonexa with the diverse tech talent found in Toronto.

Phonexa’s global headquarters have been in Los Angeles since the company was founded in 2016. We opened our second headquarters in the United Kingdom in 2017. Phonexa celebrated the expansion of its existing Los Angeles headquarters last year by crowning the 16-story building with a sign and taking over the top three floors. Establishing a footprint in Canada was the next great step in our company’s journey. We’ve been incredibly pleased by the support received across government levels, including Mayor Olivia Chow, her staff, and the entire Toronto Global team.

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How will the expansion into Canada benefit Phonexa?

The expansion will enable Phonexa to tap into new markets and build stronger relationships with Canadian clients across performance, affiliate, and partner marketing. Additionally, having a presence in Canada will allow us to better serve our North American clients by providing localized support and services. Our move into Canada represents a significant milestone in our growth journey. It underscores our dedication to innovation, our ambition to serve new markets, and our commitment to delivering exceptional value to our clients, employees, and partners. We look forward to the opportunities this expansion will bring and are confident it will drive significant growth and success for our company.

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How will the new offices impact Phonexa’s existing workforce?

The new offices will complement our existing operations and provide growth opportunities for our current employees. We plan to facilitate knowledge transfer and collaboration between teams across regions, fostering a culture of innovation and shared expertise. Additionally, we expect to create numerous job opportunities locally, contributing to the growth of the Canadian tech workforce.

Phonexa’s Toronto office will serve as a second home to the company’s technology and marketing teams. Phonexa employs 200 people worldwide, including a significant staff in Ukraine. From Phonexa’s 14-person global C-level, 12 of its executives are women or from ethnic minorities, and we’re looking forward to growing on those figures.

Through Phonexa Cares, the company’s community outreach initiative program, we plan to work closely with the Canadian government to arrange relocation for any of Phonexa’s global team members looking to move to Canada. This has already happened for some of Phonexa’s staff, including CTO Alexey Sidora, who recently relocated his family from Ukraine to Toronto amidst the ongoing war in Ukraine.

What investment is Phonexa making in the new Toronto offices?

We aim to create an inspiring and productive work environment that attracts top talent and supports our teams in delivering exceptional results across the performance, affiliate, and partner marketing space. We are also committed to investing in community initiatives and partnerships that drive technological advancement in the region for performance marketers.

What impact does this expansion have on Phonexa’s clients and partners?

For our clients and partners, this expansion means enhanced service delivery and greater accessibility to our solutions and expertise. The presence in Canada will allow for more personalized interactions and faster response times. Additionally, our increased capabilities and resources will lead to more innovative and effective solutions, driving success for our clients and partners.

How does the move into Canada align with Phonexa’s long-term vision and goals?

Expanding into Canada is a strategic step toward achieving Phonexa’s long-term vision of becoming a global leader in software solutions for performance marketers. It aligns with our goals of fostering innovation, expanding our market reach, and enhancing our service offerings. By establishing a strong presence in Canada, we are positioning Phonexa to better compete in the global market and drive sustainable growth for the company.

What challenges do you anticipate in this expansion, and how do you plan to address them?

While we anticipate some challenges integrating into a new market, we are confident in our ability to address them. We have a dedicated leadership team for market entry strategies. Additionally, we plan to leverage local expertise and build strong relationships with Canadian businesses and tech communities to ensure a smooth and successful expansion.

What is the one thing Phonexa is excited about for the second half of this year?

Phonexa also owns and operates MailCon, the largest in-person gathering and conference for email marketers. We’re excited to share that Phonexa will be heading to the Big Apple in a big way when MailCon returns for a one-day conference at Convene in Times Square, New York, on Sunday, July 28, one day before Affiliate Summit East.

MailCon arrives during a pivotal period due to the deliverability issues plaguing mailers, performance marketers, affiliate marketers, and lead generators. Businesses have found it challenging to adapt to technological and automation advances and stay ahead of the curve, especially due to Gmail and Yahoo’s new bulk email sender requirements. All of that will be strategically discussed, as the event features an all-star lineup of speakers, panel discussions, networking opportunities, Phonexa product announcements, and much more. MailCon assembles a diverse group of email marketing influencers. Nearly 6,000 mailers, affiliates, advertisers, and networks have attended MailCon since its inception, and 70% of event attendees are directors and C-level marketing decision-makers.

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To learn more about Phonexa’s all-in-one marketing automation solution, schedule a consultation, email info@phonexa.com, call (818) 800-0000, or click here for a self-guided interactive tour.

Phonexa offers the following solutions in its suite of performance marketing products:

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Snowflake Makes The Cloud Better with Canada’s Tech Talent https://torontoglobal.ca/technology/snowflake-and-canadas-tech-talent/?utm_source=rss&utm_medium=rss&utm_campaign=snowflake-and-canadas-tech-talent Tue, 16 Apr 2024 16:27:55 +0000 https://torontoglobal.ca/?p=37297 Toronto Global sat down with Qaiser Habib, Head of Engineering, and Shannon Katschilo, Country Manager at Snowflake to talk about Canadian talent and growth since opening the Toronto headquarters in 2023. 

Snowflake enables every organization to mobilize their data with Snowflake’s Data Cloud.  Customers use the Data Cloud to unite siloed data, discover and securely share data, power data applications, and execute diverse AI/ML and analytic workloads. Wherever data or users live, Snowflake delivers a single data experience that spans multiple clouds and geographies. Thousands of customers across many industries, including 691 of the 2023 Forbes Global 2000 (G2K) as of January 31, 2024, use Snowflake Data Cloud to power their businesses.

Snowflake's Head of Canada Engineering at Snowflake, Qaiser Habib.
Qaiser Habib, Head of Canada Engineering, Snowflake.

Qaiser Habib currently serves as the Head of Canada Engineering at Snowflake. Habib is a veteran engineering leader and a well-recognized expert in the Canadian market, currently focused on building and leading the Canadian engineering presence for Snowflake. Habib is a champion for community engagement and is committed to cultivating the leaders of tomorrow through university relations and hands-on mentorship.

Snowflake's Country Manager of Canada, Shannon Katschilo.
Shannon Katschilo, Country Manager of Canada, Snowflake.

Shannon Katschilo currently serves as the Country Manager of Canada at Snowflake. Katschilo brings over 15 years of client connection-building and employee stewardship to her role, scaling Snowflake’s presence in the market and taking a data-first approach to improving experiences at all levels of operation. Katschilo is passionate about female mentorship and sponsorship and prioritizes bringing an equitable lens to data-driven decisions by creating opportunities for women and underrepresented groups to take on leadership positions within the field.


SK: Can you give us the backstory on your career and how you landed at Snowflake?

When I made the decision to join Snowflake in 2022, I saw an opportunity to bring my 15 years of client connection-building experience and employee stewardship to a leadership role and be at the forefront of the rapidly evolving data and AI landscape.

I’m laser-focused on expanding the company’s customer base and partnering with Canada’s most iconic brands to strengthen their data foundations to accelerate AI adoption. Since landing in Canada, Snowflake’s achieved significant revenue growth, making Snowflake Canada one of the fastest-growing markets globally for the company.

Throughout my career, I’ve always been committed to knowledge-sharing in the industry by devising and chairing meetings, hosting client events, and regularly presenting at conferences and webinars. I’m also passionate about female mentorship and sponsorship and prioritize bringing an equitable lens to data-driven decisions by creating opportunities for women and underrepresented groups to take on leadership positions within the field.

QH: What has the engineering team been up to since you opened the Toronto office in 2022?

Since first opening our Canadian headquarters in 2022, making Toronto home to one of Snowflake’s five global Engineering Hubs, we’ve grown our headcount and footprint significantly. To support our strategic growth in the Canadian market, we’re on track to double our engineering team in 2024 and we opened a newly expanded headquarters in April 2024, which is more than double the size of our original office space and reflects the evolving needs of our team. 

Snowflake Canada’s Toronto Engineering Hub is powering ground-breaking innovations including the Snowflake Native App Framework and the transformation of how customers globally are building applications. This technology eliminates the need for organizations to move or copy their data during application development, which increases security and helps maintain governance controls.

We’ve seen incredible momentum around Snowflake Native Apps, which we are proud to announce is generally available on AWS and Azure. More than 90 Snowflake Native Apps (as of January 2024) are currently available in Snowflake Marketplace, which opens up opportunities for businesses to create entirely new revenue streams.

SK: What Canadian relationships or partnerships have been instrumental to Snowflake’s growth?

There are a myriad of factors and partnerships that have come together to promote Snowflake’s success and growth in the Canadian market. 

Internally, hiring the right talent and fostering a strong culture has been paramount. It’s imperative to hire from diverse backgrounds and expertise to have people who think differently and can identify problems to create solutions that train AI with an inclusive and broader lens. I also prioritize recognition and spotlighting talent within the workplace to boost visibility and retention.

Externally, building strong relationships with our customers and practicing a customer-first approach has been instrumental. I’ve dedicated my efforts to expanding the company’s customer base and collaborating with some of Canada’s most renowned brands to fortify their data infrastructure and facilitate AI adoption.

Additionally, our strategic partnerships with established industry cloud providers like AWS, Microsoft, and Google have played a crucial role in our growth trajectory. These key relationships continue to fuel our innovation and drive our success in the Canadian tech landscape, with the Snowflake platform being multi-cloud and cross-cloud across all three.

QH: Toronto continues to be one of the world’s top tech talent hubs. Tell us about your hiring efforts and what you look for when selecting a candidate. 

At Snowflake, our hiring efforts are focused on attracting top-tier candidates who align with our values and our dynamic team culture. We prioritize diversity, experience, empathy, and a genuine commitment to serving our customers and collaborating effectively with colleagues. 

From a hiring standpoint, we believe in being ‘engaged employers’ and focusing on the candidate experience.  This involves getting to know each candidate, understanding their potential fit within our team, assessing their unique strengths and assets, and ensuring alignment with our corporate culture.

We encourage and engage in open and honest conversations with candidates. This approach allows us to cover key topics such as soft skills, hard skills, and culture fit comprehensively. We understand that assessing these aspects requires depth and exploration beyond a single conversation, which is why we encourage our team to delve deep into different aspects of a candidate’s profile to assess the overall fit.

Snowflake’s Toronto office is continuing to hire for positions across engineering, sales, and more as the organization scales to meet increasing demand from customers. The region has a rich tech talent pool and top universities including the University of Toronto and the University of Waterloo, which we have deep relationships with. Our ultimate goal is to create a workforce and workplace where every team member thrives, and our hiring process reflects that commitment.

SK: Goldman Sachs, Kash Rangan, compared Snowflake to a Ferrari- bigger, better faster, analyzing data. How has the Snowflake platform evolved to deliver more value to customers? 

Snowflake is pioneering the next wave of AI innovation by providing enterprises with the data foundation and cutting-edge AI building blocks they need to fuel powerful AI and machine learning apps while keeping their data safe and governed.

An example of a recent innovation that I’m very excited about is Snowflake Cortex, which empowers all users to securely tap into the power of generative AI with their enterprise data — regardless of their technical expertise.

Snowflake Cortex is Snowflake’s new fully managed service that enables organizations to discover, analyze, and build AI apps in the Data Cloud more easily. With Snowflake Cortex, businesses can now build custom LLM-powered apps within minutes and maintain flexibility and control over their data. This also supports the democratization of generative AI, a key development in making AI accessible so every organization can harness it to drive value. 

QH: What industry trends are you currently seeing in data and AI, and how will these trends impact Canadian organizations [OR] the country’s tech talent? 

Several key trends in the data and AI landscape are impacting Canadian organizations and businesses in 2024, and beyond. 

We are seeing an explosion of large language model (LLM) apps, with the biggest surge in apps that put a natural language conversational layer on top of business problems, making it dramatically easier to talk to your data, generate insights, and even talk to your customers with intelligent chatbots. LLMs are growing exponentially as businesses leverage them to bring customer engagement and operational efficiency to a new standard. 

Additionally, we are seeing organizations get finer-grained about their data governance. There is a shift in focus from stringent data lockdowns to more nuanced data governance approaches. Businesses are exploring ways to make data accessible for authorized uses that align with their values and policies, reflecting an evolving approach to data management.

Lastly, the rise of the unified data platform is reshaping how enterprises are managing and utilizing data. Modern organizations are seeking centralized platforms that break down silos, facilitate integrations, ensure governance and security, and promote collaboration across departments. The growth of Snowflake Native Apps reflects this demand for unified data platforms, offering advantages in efficiency and collaboration.

SK: How do you keep an edge in a competitive tech environment? What are you reading now? Podcasts? Workouts? 

To stay competitive, I maintain open lines of communication with customers, as their feedback is crucial for product development to ensure we meet their needs and bolster their data and AI initiatives. 

Upskilling is another area of emphasis to maintain a competitive edge for my professional growth, alongside the professional growth of my teams. The evolving tech landscape demands continuous skill enhancement for everyone. From my perspective, as AI becomes more prevalent, employer-led upskilling programs will be critical for improved productivity. 

Physical well-being and community involvement have also been priorities throughout my career – from cold plunging to delivering presentations at local schools and forming partnerships with organizations like Toronto Womxn in Data Science. These experiences continue to be valuable for learning best practices, sharing experiences, and making meaningful contributions.

For more information about Snowflake Inc. visit https://www.snowflake.com/en/.

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10 Moments You Don’t Want to Miss at Collision 2024 https://torontoglobal.ca/technology/10-must-see-moments-collision-2024/?utm_source=rss&utm_medium=rss&utm_campaign=10-must-see-moments-collision-2024 Mon, 11 Mar 2024 20:28:49 +0000 https://torontoglobal.ca/?p=36234 Collision is coming to Toronto, June 17-20, 2024. Get your tickets and mark your calendars for the ‘Olympics of Tech.’

You will connect with:

40,000+ attendees from 130+ countries
800+ speakers
2,000+ next-generation startups
1,000+ world-leading investors
300+ global partners
1,400+ journalists

Here are the top 10 must-experience moments that await you at Collision Toronto this year. Whether you’re a seasoned professional or an emerging entrepreneur, Collision promises an array of opportunities to learn, connect, and be inspired. Let’s dive into the heart of Collision Toronto and uncover the key activities that will make your attendance truly memorable.

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Collision 2024 | Official Trailer

1. Explore the Collision Expo Floor

One of the primary attractions at Collision Toronto is the expansive expo floor, where groundbreaking startups, established tech giants, and innovative companies showcase their latest products and services. Immerse yourself in a sea of innovation, engage with industry leaders, and discover cutting-edge solutions that could shape the future of your business. Be sure to plan your visit strategically, as the expo floor is a treasure trove of opportunities for networking and business collaborations.

2. Attend Inspiring Keynote Sessions

Collision Toronto boasts a stellar lineup of keynote speakers who are visionaries in their respective fields. From tech gurus to industry disruptors, these thought leaders share insights, trends, and predictions that can reshape your perspective and fuel your business strategies. Make a point to attend keynote sessions that align with your interests, and prepare to be inspired by the wisdom and experiences of these trailblazers. Align your interests with the 15+ Collision content tracks across 10 stages, over 3 days.

3. Visit the Toronto Inc. Pavilion

We would be remiss if we didn’t highlight the Toronto Inc. Pavilion as a hotspot for networking, insightful panels, and game-changing announcements. In 2023, the Toronto Inc. Pavilion hosted a Rolodex of Toronto’s top tech innovators in panel discussions on cleantech innovation, the future of AI, sports tech, city building and more. The booth is also frequented by policymakers like Canada’s Minister of Innovation, Science and Industry, François-Philippe Champagne, Ontario’s Minister of Economic Development, Job Creation and Trade, Victor Fedeli and city mayors from across the region – all in attendance in support of exciting announcements from companies expanding in Canada’s tech hub, the Toronto Region.

Toronto Inc. Pavilion at Collision Conference 2023.
Toronto Inc. Pavilion at Collision Conference 2023.

Last year, day one of the bustling conference was complete with a happy hour hosted by the Toronto Inc. Pavilion, providing a great opportunity for Toronto’s government, investors and startups to mingle and share insights about the day. Don’t miss out on the action and come visit the Toronto Global team!

4. Participate in Workshops and Masterclasses

Enhance your skills and knowledge by participating in the various workshops and masterclasses offered at Collision Toronto. These intimate sessions provide a deep dive into specific topics, allowing you to gain hands-on experience, practical insights, and actionable strategies. Collision’s workshops are an invaluable resource for professional development. Past speakers include Reed Hastings, Ryan Reynolds, Serena Williams, Mark Cuban, Margaret Atwood and more! 

5. Engage in Roundtable Discussions

For those seeking more interactive and intimate conversations, the roundtable discussions at Collision Toronto offer the perfect platform. Join industry-specific roundtables to share your experiences, learn from your peers, and engage in meaningful discussions that address the challenges and opportunities within your niche. These sessions foster connections and often lead to collaborative efforts that extend beyond the conference.

6. Network at Night Summit

The networking opportunities at Collision Toronto extend well into the evening with the Night Summit events. Unwind, socialize, and connect with fellow attendees in a more relaxed setting. From rooftop mixers to themed parties, the Night Summit provides a casual yet effective environment for building relationships and expanding your professional network. Don’t underestimate the power of these informal gatherings in forging lasting connections.

7. Pitch at PITCH Contest

For startups looking to make a splash, the PITCH contest at Collision Toronto is a golden opportunity. Witness the next wave of innovation as startups compete for attention and funding in this high-stakes pitch competition. The PITCH contest showcases the entrepreneurial spirit and creativity that defines the tech landscape.

8. Experience the Future at ALPHA and BETA Stages

For a sneak peek into the future of technology, head to the ALPHA and BETA stages at Collision Toronto. These stages feature early-stage startups and innovative prototypes that are poised to disrupt industries. Engage with the minds behind these pioneering ideas, explore emerging technologies, and gain insights into the trends that will shape the business landscape in the coming years.

9. Dive into Sustainability Talks

As sustainability becomes an increasingly integral part of business strategies, Collision Toronto dedicates a space to discussions around environmental responsibility and ethical business practices. Attend talks and panels that address the intersection of technology and sustainability, and discover how your business can contribute to a greener and more sustainable future.

10. Enjoy Toronto’s Culture and Entertainment

Beyond the conference walls, take some time to explore the vibrant city of Toronto. Indulge in its diverse culinary scene, visit iconic landmarks, and immerse yourself in the local culture. Collision Toronto is not just a conference; it’s an opportunity to experience the richness of the city and forge memorable connections both inside and outside the event venue. Plan your tour and get inspired with ideas from Destination Toronto.

Collision is more than a conference; it’s a dynamic ecosystem of ideas, connections, and opportunities. Join us in Toronto, June 17-20 where the tech world collides.

Contact Toronto Global to connect at the ‘Olympics of Tech’.

Toronto Global is the first point of contact for international businesses looking to accelerate expansion, make connections and access talent in the Toronto Region, Canada’s business, tech and financial capital. Our business-driven team has provided complimentary concierge services to more than 250 companies – including Sanofi, Netflix, Infosys and Unilever – setting the stage for success in the fastest-growing, most educated and diverse market in North America.

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How AI is Improving the Future of Mining with VerAI Discoveries https://torontoglobal.ca/business-insights/verai-future-of-mining/?utm_source=rss&utm_medium=rss&utm_campaign=verai-future-of-mining Thu, 29 Feb 2024 19:24:32 +0000 https://torontoglobal.ca/?p=35794 Toronto Global caught up with Lorraine Godwin, VP Commercial of VerAI Discoveries to talk about the mining industry, technology, and her career in geophysics.

VerAI Discoveries is disrupting Mineral Exploration by deploying a revolutionary Artificial Intelligence Platform that detects concealed mineral deposits. There are no more easy discoveries. The remaining ore deposits are concealed under covered terrain making them challenging to discover. Enormous quantities of metals are essential as the foundation of the green-energy transition, which involves decarbonization and electrification of the global economy.

Lorraine Godwin, VP Commerical of tech mining company VerAI Discoveries.
Lorraine Godwin, VP Commerical of VerAI Discoveries.

TG: Can you tell us about how VerAI was founded and your role at the company?

LG: VerAI, which is a play on the Spanish word ver – to see – and the Latin word veritas – truth – was co-founded in 2020 by Yair Frastai (CEO) and Amitai Axelrod (COO), who spent much of their careers tackling complex search and find challenges in defense intelligence, using innovative technology such as artificial intelligence and machine learning. Following their time in the military they worked for ten years in the mining industry and experienced firsthand that the conventional ways of finding mineral deposits continued to lead to very low discovery rates. They realized a paradigm shift was needed in the mining industry to supply the necessary minerals needed for the energy-transition. Leveraging their background experience with AI they formed VerAI to “see the truth using AI”. My role as VP, Commercial is to lead our go-to-market and business development efforts by partnering with mining companies to help change the way they explore for mineral deposits.

TG: How are you using AI to solve a major problem like accessing concealed mines and limited minerals globally? What led you to join VerAI?

LG:  In mineral exploration, trying to find the next big mine or deposit, can feel like you are looking for a needle in a haystack. We’re changing this with AI. The main concept behind our approach is that it starts with the “right” data – geophysics – which is objective and measurable. Geophysics gives a signal that indicates what is below the surface. Using AI, we can detect patterns in the geophysical data to see what we can’t see with our eyes alone.

As VerAI started to bring their technology to new partners they needed someone with business acumen to help them take things to the next level. I had been working for the last 25 years in the SaaS software world starting at Geosoft, who was acquired by Seequent, and finally Bentley Systems.

Through that journey, my role focused on building the business across different verticals, industries, and regions. My background was in Geophysics, as a graduate of York University, and I had worked in mineral exploration early on in my career. This role at VerAI was a great fit given my history in the mining industry, business experience, and understanding of geophysics. I saw what VerAI is doing as a game-changer, bringing something new and innovative to the market.

TG: What is the environmental impact of leading with a technology solution instead of traditional mining?

LG: There is a sustainability element – by pinpointing with better certainty where to start your exploration program there is less site investigation, less ground disturbance, and fewer drill holes needed.

TG: VerAI is a great example of how AI is adaptable and can be used to help solve critical industry problems. Can you expand on the role VerAI plays in the mining industry? 

LG: Our business model is acting as a partner to mining companies and the value that we provide as their partner is faster, better, cheaper, and higher probability rates for discovery. The discovery rate of an exploration project becoming a mine is generally accepted today to be 1 in 1000. Only 4 mines went into production in Canada last year. We are using AI to improve the odds – the probability of success – in finding the next big discoveries to support the demand for minerals, particularly the critical minerals needed for green energy.  

TG: Can you share why VerAI is looking to Toronto for Canadian talent?

LG: Canada is an international mining hub, with Toronto as the headquarters for many mining companies. Toronto also hosts the annual Prospectors and Developers Association of Canada (PDAC) conference, which is one of the largest mining conferences in the world. Based on research centres like the Unilever AI Centre now in the Toronto Region, there is also a lot of AI talent.

For our decision, it came together around the talent search. I am based out of Toronto, and we are building out a world-class business team with one or two commercial division hires this year. I want to build a team at VerAI that is making a difference and loves what they do.

TG: What are your top career highlights and how have you developed your leadership skills over the years?

LG: I love building high-performance functioning teams. I look to build team synergy and collaboration to have everyone pulling in the same direction with the mantra ‘when one wins, we all win.’ A career highlight for me is that I co-founded the Women’s Leadership Circle at my previous company to provide networking and support for young women. I’ve also had the opportunity to travel and work in some amazing places with ties to mining in the Yukon, northern British Columbia, Ontario, and internationally.

TG: In past roles, you’ve mentored women (ie. Women’s Leadership Circle) in a male-dominated industry. What has changed since you started your career and what work still needs to be done?

LG: When I graduated in Geophysics, I was 1 of 2 women graduates, and today I’m thrilled there are so many more women in science. Seeing more women in STEM and in leadership roles are two areas I’m passionate about. I was fortunate to have great mentors throughout my career, both men and women. Today there are more female leaders who can be role models and mentors to help other young women see themselves as future leaders.

Lorraine’s Recommended Reads: Quiet Leadership by David Rock and Find Your Why by Simon Sinek

For more information about VerAI discoveries visit: https://ver-ai.com/.

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Smart Cities: Where Human and Artifical Intelligence Meet https://torontoglobal.ca/technology/smart-cities-where-human-and-artifical-intelligence-meet-2024/?utm_source=rss&utm_medium=rss&utm_campaign=smart-cities-where-human-and-artifical-intelligence-meet-2024 Fri, 23 Feb 2024 15:03:36 +0000 https://torontoglobal.ca/?p=35593

Learn how Richmond Hill is embracing the concept of a smart city through the City Rover Project.

Nestled in the center of Canada’s economic powerhouse, the Toronto Region, Richmond Hill has seamlessly woven technology into the fabric of its urban landscape, transforming the city into a dynamic and interconnected hub.

Richmond Hill leverages cutting-edge technologies to enhance quality of life, optimize resource management, and foster sustainable urban development. From intelligent city maintenance systems to academic partnerships, Richmond Hill embodies the true essence of a smart cities, where tech innovation converges with human diligence to create a harmonious business and living environment.

This effort is exemplified in Visual Defence’s CityROVER project, which revolutionized the use of AI cameras in Richmond Hill and around the world.

What is Visual Defence’s City Rover?

“Visual Defence has been based in Richmond Hill for over 25 years and started as a security company. We were one of the first companies to digitize CCTV and had several CCTV projects in major airports like Pearson, Heathrow in England, and Frankfurt in Germany,” said Roy Tal.

“Six years ago, we had a lot of cameras in a lot of different places and thought it would be more useful to understand what’s happening in the cameras, and that’s when artificial intelligence was first becoming accessible to the public, so we tapped into it early.”

One of the unique use cases Visual Defence identified was pothole detection. Richmond Hill was one of the first partners to utilize this new technology. Visual Defence added artificial intelligence capabilities to the cameras that go inside the city vehicles to detect potholes and other hazards in real-time. This eliminates the need for the city’s residents to report potholes, allowing them to be detected and fixed before they can become a safety concern.

Along with detecting safety hazards, Visual Defence’s City Rover creates reports and heatmaps to help the city organize and prioritize urban maintenance. “It’s an end-to-end process, the vehicle detects it, sends it to the cloud, creates a work order, and somebody goes to fix it,” said Tal.

Visual Defence TorontoGlobal RichmondHill
Depiction of Visual Defence’s CityROVER AI hazard detection.

The Toronto Region’s openness to tech innovation and government support made Richmond Hill the perfect launch pad to roll out such a project. “Toronto Region municipalities are some of the best to work with, they are very open to partnering with organizations like ours,” said Tal.

This speaks to Richmond Hill’s robust academic community that partners with businesses and government to create a seamless and efficient way of life for its residents.

“We met with Roy and his team to discuss some of the challenges we face as municipalities and how the work that Visual Defence is doing could support that, and that was really the start of the City Rover project,” said Anthony Ierullo, Director of Economic Development with the City of Richmond Hill.

“Richmond Hill was essentially the demonstration site for this product,” said Ierullo. “Our ability to demonstrate that this software had utility in the sector allowed it to grow.”

“Visual Defence’s City Rover is a great example of the public sector working with the private sector to advance thinking and open our lab, turning the municipality into a living lab to support innovative product delivery that not only benefits the business but also benefits the broader community at large,” said Ierullo.

In what other ways is Richmond Hill integrating technology?

“What came out of this is that we saw ourselves (Richmond Hill) as an incubator for tech businesses,” said Ierullo.

After the success of partnering with Visual Defence, Richmond Hill saw a reciprocal opportunity for business and government. In 2020, the city held design competitions with local businesses to pitch products and grow the opportunity.

Richmond Hill went on to partner with OCAD University and Centennial College as part of the city’s Centre for Local Innovation and Collaboration (CLIC).

The goal of this partnership is to connect businesses with local academic institutions to address challenges and research solutions. CLIC has worked with over 40 businesses since 2021, developing businesses and tech innovation.

Connecting Human Intelligence and Artificial Intelligence of Smart Cities

“There are a lot of players in the incubator space, including well-known ones like VentureLab and York University’s YSpace, which are doing great things for the region. A gap we identified was addressing human-centered design,” said Ierullo.

CLIC has worked with several AI-centered businesses that rely on advanced technology and human interaction to elevate the process, merging cutting-edge tech and human creativity. One example is a customer service AI business that allows patrons to interact with an avatar to centralize call center interactions,  so staff can address broader concerns.

“It really reduces redundancy and waste, AI will not put people out of work, but it will change the way we work,” said Ierullo. “Just like any other transformative technology, there is an adjustment period and from that, new opportunities are being created.”

This sentiment is echoed in the outcomes of Visual Defence’s City Rover project. The City Rover detects four times the amount of urban disturbances as a person searching for potholes or fielding calls from city residents. As a result, city workers are free to use 100 per cent of their day planning and solving problems.

“This technology does not replace the job of inspectors, it takes the tedious tasks away so they can focus on the most pressing tasks,” said Tal. “People are good at solving problems, and what this technology does is it gives us time to do what we do best and removes the monotonous stuff like looking at the road for hours, creating a more sustainable way to run cities.”

For more information on Visual Defence visit https://www.cityrover.com/.

Toronto Global is the first point of contact for international businesses looking to accelerate expansion, make connections and access talent in the Toronto Region, Canada’s business, tech and financial capital. Our business-driven team has provided complimentary concierge services to more than 250 companies – including Sanofi, Netflix, Infosys and Unilever – setting the stage for success in the fastest-growing, most educated and diverse market in North America.

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Analyzing Toronto’s Rank in CBRE’s 2023 Scoring Tech Talent Report https://torontoglobal.ca/media-center/torontos-rank-in-cbres-2023?utm_source=rss&utm_medium=rss&utm_campaign=analyzing-torontos-rank-in-cbres-2023 https://torontoglobal.ca/media-center/torontos-rank-in-cbres-2023?noamp=mobile#respond Wed, 26 Jul 2023 06:55:00 +0000 https://torontoglobal.ca/?p=26291

Every year, CBRE releases its highly anticipated Scoring Tech Talent Report, ranking the top 50 tech markets in North America based on a range of metrics, from tech talent availability to real estate costs. This comprehensive report provides insights into the tech scene across the continent, serving as a valuable resource for business leaders to make strategic decisions.

In this blog, we turn our spotlight to Toronto and dive deep into the city’s 2023 ranking. Toronto ranks fifth among the top 50 markets in North America, behind San Francisco Bay Area, Seattle, New York Metro, and Washington, D.C. This ranking underscores the city’s significance as a global tech hub. Despite dropping two spots from last year’s ranking, Toronto’s consistent standing among the top five markets highlights the city’s strength and resilience in attracting and retaining top tech talent.

A Large Talent Pool

Toronto boasts the third-largest tech talent pool in North America, ranking just behind the San Francisco Bay Area and New York Metro. The city has become a magnet for skilled, high-quality tech workers. Particularly, the occupation ‘Software Developers and Programmers’ experienced remarkable growth, rising by 58.3 percent from 2017 to 2022. This surge in talent showcases Toronto’s appeal as a tech hub, attracting developers and programmers from all over the world.

It is important to note that Toronto’s tech talent pool dipped slightly in 2022 to 285,700 tech workers, compared to 289,700 workers in 2021. The dip in employment is partially due to the economic uncertainty faced in 2022, coupled with tech layoffs and flexible work structures that allow tech professionals to work from anywhere. Although there was a decrease in tech employment in 2022, the city maintains its position as the third-largest tech workforce in North America. With Canada’s friendly immigration programs, Toronto’s tech workforce will continue to remain strong.

A notable characteristic to analyze within tech talent is the diverse, young population. Compared to other large tech markets* in North America, Toronto experienced a significant population growth in the 20s and 30s age groups between 2016 and 2021. Individuals in their 20s grew by 11.1 percent, while those in their 30s grew by 14.7 percent. This growth is among the highest across large tech markets*, serving as evidence of the city’s growing tech workforce and innovative potential.

As for diversity, Toronto’s tech smart workforce across all industries is made of 68 percent visible minorities, where Asians make up the majority. Women in tech amounted to 27 percent of the workforce, a steadily growing percentage.

*Large tech talent markets: >50,000 workforce

Strong Tech Talent Growth

Toronto experienced the second-largest tech growth in North America between 2017 and 2022, just behind San Francisco Bay Area. During this period, Toronto added 63,800 tech jobs, a growth of 29 percent over the last five years. In fact, Toronto was recognized as the fastest-growing tech talent market in last year’s edition, showcasing the city’s promise in the industry.

To sustain the city’s tech talent growth, Toronto is growing its tech talent pipeline. Toronto ranks in the top 10 among its U.S. counterparts for tech degree completions, which grew by 41.7 percent between 2017-2021 – a higher growth than the national average.

Tech Industry Dominance

Toronto’s tech talent is primarily concentrated in the tech industry itself, followed closely by the FIRE (Finance, Insurance, and Real Estate) industry. Around 43 percent of the tech talent in Toronto works within the tech industry, while 20 percent is employed within the FIRE industry. The concentrated workforce in the tech industry has fostered a robust innovation ecosystem, supporting Toronto’s rise as a global hub for AI.

Moreover, the large share of tech workers within the FIRE industry complements Toronto’s reputation as the nation’s leader in financial services innovation and a top destination for fintech investments. Toronto is the second-largest financial centre in North America, and the largest in Canada. All five of Canada’s largest banks are headquartered in Toronto, as well as many notable fintech companies such as Wealthsimple and Borrowell.

Tech ‘Jobs’ Market

Toronto has firmly established itself as a thriving tech job market. The city’s strong growth in tech talent, coupled with the presence of leading tech companies and a wide range of job opportunities, has created an ideal environment for tech professionals. Toronto was ranked as the top job market, creating 31,405 more tech jobs than graduates.

On top of supporting the growth in the city’s tech talent pipeline, Toronto-based companies hire large amounts of tech professionals. Recognizing the potential in Toronto, tech leaders such as Snowflake and Oxbotica have invested in the city’s tech ecosystem by establishing a presence here.

To complement Toronto’s tech ecosystem, the Government of Canada has launched a ‘Tech Talent Strategy’, introducing additional immigration programs to support Canada’s status as a leader in global tech talent recruitment and attraction. Among these programs includes a streamlined work permit for H1-B visa holders in the U.S. The program was so successful that it reached its target of 10,000 applicants within just two days – a testament to how attractive Toronto is for jobseekers.

Conclusion

CBRE’s 2023 Scoring Tech Talent Report highlights Toronto’s continued prominence as a leading tech market in North America. Despite dropping two ranks from the previous year’s report, Toronto has sustained its position as a global tech hub through its tech talent growth (second only to San Francisco Bay Area), its large and diverse tech talent pool, and thriving tech ecosystem. Looking forward, Toronto’s position as one of North America’s largest tech hub remains strong and continues to thrive.  

Want to tap into the Toronto Region’s tech talent market? Let’s chat!

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The Rise of the Toronto Region as a Global AI Hub https://torontoglobal.ca/media-center/the-rise-of-the-toronto-region-as-a-global-ai-hub/?utm_source=rss&utm_medium=rss&utm_campaign=the-rise-of-the-toronto-region-as-a-global-ai-hub https://torontoglobal.ca/media-center/the-rise-of-the-toronto-region-as-a-global-ai-hub/?noamp=mobile#respond Fri, 14 Jul 2023 02:13:00 +0000 https://torontoglobal.ca/?p=26285

With the recent expansion of Salt Lake City-based bio tech company Recursion Pharmaceuticals in Downtown Toronto, and Salesforce’s announcement of their $250 million Generative AI fund, AI is top of mind in the Toronto Region.

In recent years, The Region has become a global hub for artificial intelligence (AI) due to a combination of factors, including its world-class education system, talented workforce, industry support, and the presence of top AI companies. This has led to a thriving ecosystem of startups, multinational enterprises, and research institutions that are pushing the boundaries of AI innovation.

Future-Proof Talent Pipeline in Toronto

A key factor contributing to the this Region’s success in AI is its world-class education system. The region is home to several top-ranked universities, including the University of Toronto, which consistently ranks among the top 10 universities in the world for computer science.

These institutions attract top talent from around the world, with a 61 percent increase in international student enrolments over the last five years. Within STEM disciplines, that figure is even higher – 78 percent. One-fifth of immigrants to the this Region have a STEM degree, making it a magnet for global talent.

Toronto Region’s talented workforce is also a major contributor to its success in AI. According to CBRE’s annual Tech Talent report, the city boasts the most tech employment growth in North America from 2016-2021, and over 110,000 people immigrate to the Region each year, twice as many as the San Francisco Bay Area.

This has led to a diverse and multicultural workforce that is well-equipped to tackle the complex challenges of AI innovation.

Innovation Ecosystem

The presence of AI leaders in the region has played a significant role in the city’s rise as a global hub for AI. Many multinational enterprises have chosen the Region as the home for their AI R&D (research and development) centres, such as Samsung, Sanofi, and Nvidia.

With nearly 50 percent of Canada’s CIFAR (Canadian Institute for Advanced Research) AI Research Chairs based in Ontario, and the presence of leading AI research institutions such as Vector Institute and the University of Toronto, establishing in the Region offers companies a strategic advantage. From access to leading AI researchers to partnerships across academia and industry, the possibilities are endless.

Toronto’s strong network of incubators and accelerators, such as MaRS and NextAI, have also supported the growth of world-renowned AI companies in the region.

Deep Genomics, a leader in AI-powered drug discovery, Radical Ventures, a Venture Capital organization dedicated to investing in AI, and Cohere, a generative AI firm specializing in natural language processing (NLP).

The AI ecosystem expands across the region through academic institutions like Durham College’s AI Hub and Vector recognized AI Master’s programs at York University, Ontario Tech University, Toronto Metropolitan University and the University of Toronto.

Postsecondary institutions like this breed innovation. For example, a Toronto-based startup  led by a UofT alumni and Co-founder of the Vector Institute called Signal 1 AI Inc, has developed a machine learning tool called CHARTWatch, which analyzes commonly collected hospital data to predict patients’ diagnoses that are likely to deteriorate. Trillium Health Partners in Mississauga has recently adopted this technology to improve patient care and identify when a patient is ready for their next stage of recovery. This will help hospitals establish and prioritize proper patient flow activities.

This demonstrates how a supportive ecosystem such as this one, spans far and wide. A solution developed in a specific jurisdiction is not limited to that area and accelerates other players in the entire region and beyond.

Government and Industry Support

Industry support and government initiatives have been instrumental in building out Toronto’s AI ecosystem. The Canadian federal government has invested heavily in AI research, with a $125 million investment in the Pan-Canadian Artificial Intelligence Strategy, which aims to position Canada as a global leader in AI.

Collision Conference brought on the announcement of new AI-focused funding by the Government of Ontario, who have committed $77 million in funding for the Vector Institute for Artificial Intelligence and the Ontario Centre of Innovation, to support a new Critical Technologies Initiatives program.

This funding will help companies in this Region adopt, develop and bring to market critical technologies, with a focus on Ethical and Responsible AI. These new government and industry support initiatives allow the Region to stay ahead of the curve and continue to set itself apart as a global leader in AI innovation.

Conclusion

A world-class education system, talented workforce, supportive industry and government initiatives, have all facilitated Region’s emergence as a global hub for AI. The Region has become a destination for AI talent and companies from around the world, and its supportive environment has helped to foster innovation and research. With continued government and private sector support, Toronto Region’s diverse tech ecosystem is the ideal location for AI companies to grow.

Want to tap into the Toronto Region’s AI ecosystem? Let’s chat!

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USEReady: Empowering Businesses with Data in Mississauga, Canada https://torontoglobal.ca/media-center/useready-empowering-businesses-with-data-in-mississauga-canada/?utm_source=rss&utm_medium=rss&utm_campaign=useready-empowering-businesses-with-data-in-mississauga-canada https://torontoglobal.ca/media-center/useready-empowering-businesses-with-data-in-mississauga-canada/?noamp=mobile#respond Tue, 07 Mar 2023 00:57:00 +0000 https://torontoglobal.ca/?p=26240

Recognized with the Red Herring Top 100 Award, the Inc. 5000 List Ranking, and Tableau Strategic Partner of the Year, USEReady has carved a niche for itself as a reputable data and analytics firm that provides the strategies, tools, capabilities, and capacity that businesses need to turn their data into a competitive advantage.

With deep expertise in the enterprise technology landscape combined with global delivery from offices in Canada, the U.S., Singapore, and India, USEReady serves Fortune 50 customers in Banking, Capital Markets, Health Life Sciences, and High Technology. And with partners such as Salesforce, Snowflake, and Amazon Web Services, USEReady’s goal is to make companies future-ready through a data-driven approach to achieving operational excellence.

We spoke with co-founders, Uday Hegde (CEO) and Lalit Bakshi (President), on the organization’s values as a people-first corporation, the team’s future-ready approach, and USEReady’s launch in Mississauga – a valuable contribution to the Toronto Region’s innovation ecosystem.

Tell us about the USEReady mission.

Our mission is to empower organizations, giving people the ability to harness the language of data and to apply intelligence to solve everyday problems.

How does data support your mission?

Today, data is an asset that helps a business differentiate in a highly competitive market. As the world is emerging through technology, digitalization efforts and modern data tools deployed across industry verticals and functions have democratized the process of data generation and analysis. As a result, the humongous data volume requires a sophisticated approach for the collection, homogenization, and extraction of business value from the data.

Enterprises started appointing a new custodian for the data asset by creating Chief Data/Digital Officers, who need a new category of vendors that are competent in the world of data analytics rather than traditional system integrators. To tackle this problem and deliver a comprehensive solution, USEReady has taken a path of developing proprietary, innovative solutions that automate the journey of modernization for our customers.

What are USEReady’s values as a people-first organization?

USEReady’s core values are client centricity, community, continuous improvement, integrity, and humility – we always put people first in every decision.

“Many of our newcomers appreciate the advantage of having a mentorship program where they can benefit from a continual learning environment. People are encouraged to experiment and discover new areas and different geographies. Furthermore, having locations all over the world allowed us to develop mobility programs for our employees seeking career transfer and transformation,” explains Bakshi.

USEReady expanded into new territories and practices successfully by purely following people’s needs rather than P&L-centric decisions. “USEReady has become a preferred employer, serving as a breeding ground for bright people who collaborate to solve complicated data challenges and offer intelligent outcomes,” says Hegde.

Why did USEReady choose to land in Mississauga?

During our research for an expansion location, we discovered that Canada offers a strategic geo-political advantage and regulatory environment for firms in sensitive data and data processing needs. Canada’s friendly immigration laws and business policies make it easy for foreign firms to operate and execute with agility.

As we work with major banking firms in the U.S. and all over the world, Mississauga just made sense. “We couldn’t be happier with the support we have received from Toronto Global and local government offices. With Mayor Bonnie Crombie’s enthusiastic support, such active involvement from elected members is a huge boost to our expansion business development,” says Hegde.

How has this expansion enhanced your company culture?

As a remote workplace, we conducted internal polls to gauge employee feedback in moving and working in Canada. Almost 40 per cent of employees signed up, showing an incredible amount of interest in living in a friendly environment that offers cultural diversity and multi-racial communities. As USEReady employees moved to the Toronto Region, many of them expressed how rewarding and fulfilling the move was for themselves and their families.

“We heard the most incredible personal anecdote from a USEReady employee. Their child needed special medical care, and they were thrilled that not only did Toronto offer this care, but the multi-ethnic doctors and medical professionals with specialized expertise spoke their language, giving their family comfort and security,” says Bakshi.

As an organization, we were able to offer this unique opportunity to our staff, thus improving our talent retention and guarding our pipeline from competitors. Furthermore, we are seeing longevity, higher performance, and positive feedback from people – an astounding win!

What does USEReady have planned for the future?

We are currently growing in the organic internal promotion-based model, combined with consolidating boutique data analytics consulting vendors. We have also received a growth investment from Boston, U.S.-based private equity firm Abry Partners, a proven investor with an excellent track record encompassing over three decades.

Going forward in Canada, our plan is to reach 500 new jobs in Mississauga over the course of the next few years. We already have many of our Mississauga-based employees buying homes, growing families, and investing in real estate – a true testament to the welcoming and safe environment that the Toronto Region offers to people from all over the world. Our team is ecstatic about the success of our expansion to the region and excited for what’s to come.

If you’re interested in learning more about joining USEReady on their mission, check out their careers page.

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“Exploring Toronto: A Guide from a Chatbot” https://torontoglobal.ca/media-center/exploring-toronto-a-guide-from-a-chatbot/?utm_source=rss&utm_medium=rss&utm_campaign=exploring-toronto-a-guide-from-a-chatbot https://torontoglobal.ca/media-center/exploring-toronto-a-guide-from-a-chatbot/?noamp=mobile#respond Thu, 09 Feb 2023 00:47:00 +0000 https://torontoglobal.ca/?p=26228

Introduction of Chatbot

Following the success of my AI-generated LinkedIn post last week, I wanted to take OpenAI’s chatbot AI machine one step further. I wanted to have a Q&A with the chatbot and ask it about Toronto.

What would it tell us about ourselves, our economy, and the future of the largest city in Canada? And can it rhyme?

To start off, if you are not familiar with ChatGPT, it’s a chatbot built by OpenAI chatbot in late 2022. It interacts with its users in a conversational way, making it possible for ChatGPT chatbot to provide detailed responses to complex questions. It uses both supervised and reinforcement learning techniques.

Here is my conversation with this charming, seemingly smart and somewhat alarming (scary?), chatbot.

(Italics is the bot, not me. And yes, even the title!)

Me: Tell me about Toronto and its economy.

Toronto is the largest city in Canada and the capital of the province of Ontario. It is a major economic hub and home to the Toronto Stock Exchange, one of the world’s largest. Toronto’s economy is diverse and includes a range of industries, such as finance, technology, manufacturing, chatbot and healthcare. The city is home to many large corporations, as well as a thriving start-up scene.

Toronto is also a major center for tourism, with a range of cultural attractions, such as the CN Tower, the Royal Ontario Museum, and the Toronto Zoo. In addition, Toronto is a hub for education, with a number of universities chatbot and colleges located in the city. Overall, Toronto is an important contributor to the Canadian economy and is known for its strong business environment.

Me: Make it funnier, please.

Toronto is known for its iconic CN Tower, which stands at an impressive 553.33 meters (1,815 feet) tall. However, this is only the second-tallest free-standing chatbot structure in Toronto – the tallest is actually a stack of empty beer kegs at the Molson brewery, which measures an impressive 554 meters (1,818 feet) in height!

Did you know that Toronto is home to the world’s largest underground shopping mall? Located deep beneath the city streets, the mall stretches for over 30 kilometers (19 miles) and is home to over 1,000 stores. In fact, it’s so large that it has its own weather chatbot system – it’s always a comfortable 22 degrees Celsius (72 degrees Fahrenheit) inside, no matter what’s happening outside!

Me: Okay, why do businesses expand into Toronto?

There are a number of reasons why businesses may choose to expand into Toronto. Some of the factors that may make Toronto an attractive location for business expansion include:

  • Strong economy: Toronto is a major economic hub in Canada, with a diverse range of industries and a strong chatbot business environment.
  • Access to a skilled workforce: Toronto has a highly educated and skilled workforce, making it an attractive location for businesses looking to hire employees with specialized knowledge or expertise.
  • Access to markets: Toronto is a major transportation and logistics hub, with access to a large and diverse consumer market.
  • Quality of life: Toronto is known for its high quality of life, with a range of cultural attractions, recreational opportunities, and other amenities that can make it an attractive location for businesses to locate or expand.

Overall, Toronto’s strong economy and talented workforce make it an appealing location for businesses looking to expand or invest.

Me: What is one challenge Toronto faces?

There are many challenges that Toronto, like any large city, faces. One challenge that Toronto has faced in recent years include affordability, experiencing rising housing prices and rents, which can make it challenging for some residents to afford to live in the city.

Me: Create a poem on Toronto and its economy. And make it rhyme.

Toronto, the largest city in Canada’s land
Is a major economic hub, with a diverse range of industry at hand
From finance to tech, to manufacturing and healthcare too
Toronto’s economy is strong, and always growing, it’s true

The Toronto Stock Exchange, one of the world’s largest
Attracts businesses from near and far
And with a thriving start-up scene, it’s no surprise
That Toronto’s economy continues to thrive and rise

Tourism also plays a role, with cultural attractions galore
Like the CN Tower, Royal Ontario Museum, and Toronto Zoo
And with a number of universities and colleges in town
Toronto’s future looks bright, with opportunities abound

Me: What’s the future of Toronto?

Toronto is a diverse and dynamic city with a strong economy, and it is likely to continue to be an important economic hub in Canada and globally. Toronto has a thriving start-up scene and is home to many large corporations, making it an attractive location for businesses looking to invest. In addition, Toronto is a major center for education, with a number of universities and colleges located in the city, which could contribute to a strong and skilled workforce in the future. Overall, Toronto is likely to continue to be a vibrant and thriving city in the coming years.

Me: What are you doing tonight in Toronto?

As an artificial intelligence, I do not have the ability to do things or go places. I exist only to assist users in generating human-like text based on the prompts given to me.

Me: Thank you!

You’re welcome! I’m glad I could help. If you have any other questions about Toronto or any other topic, please don’t hesitate to ask. I’m here to help!

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