Information Communications TechnologyToronto is a powerful player in the Information and Communications Technology (ICT) sector in North America. It is home to the largest ICT cluster in Canada and the third largest in North America, based on the largest concentration of private ICT facilities of one hundred or more employees.
In Toronto, key ICT sector stakeholders include high profile companies like Ubisoft, IBM, Microsoft, Autodesk, SAS, Bell Canada, Rogers and Telus. Canadian telecommunications, network and software company Nortel is also based in Toronto. With head offices just outside of the GTA, RIM (Research in Motion) is the wireless device company that created the BlackBerry smartphone.
Toronto's competitive advantage is the depth and diversity of its ICT operations, with particular strengths in software and systems development, manufacturing and ICT services. Specifically, Toronto-based ICT firms specialize in product offerings like software, computer services, professional services, end-user equipment, computer systems, semiconductors, communications equipment, wireline services, wireless services and creative and content development.
An integral part of Toronto’s thriving business community, the ITC sector boosts economic growth by enhancing productivity through the application of information technology. In turn, Toronto’s robust economy provides a market for ICT products and services developed and offered locally.
The Toronto ICT sector has successfully targeted three distinct markets. The first is other ICT companies—which stimulates industry growth and innovation, as well as export development. Consumer markets, like the enormous gaming community, provides market demand and enormous opportunity. Finally, local ICT companies target the financial services sector; business services and industrial markets drive increased productivity as well as the creation of new business applications in areas like e-banking.
Brightspark has conceived, designed and created software applications and websites that are used daily by millions of people.
In addition, it assists start-ups with software development, internet and mobile strategy, and execution. The company is focused on creativity: it experiments with technologies and ideas and launches and operates new internet businesses. Brightspark’s Ventures Division manages an investment portfolio of innovative internet and software companies.
Brightspark was founded at the end of 1999. In its first incarnation, it consisted of Brightspark Labs and Brightspark Ventures. Brightspark Labs was an incubator where new mobile, internet and enterprise software companies were conceived and built. Brightspark Ventures invested in the graduates from their Labs and in external companies. Three notable graduates from the Lab are Think Dynamics, which was sold to IBM, Delos Technology, which was acquired by Siperian, and Borderfree, which was sold to Canada Post.
Brightspark is a business incubator that actively assists small ventures become successful. It is focused on being the expert in Canada’s software and Internet start-ups and its companies sell to the world.
Brightspark continues to build businesses in their Technologies division and manage their VC fund investments in our Ventures division.
For further information: www./brightspark.com