Eleven Tech Firms Honoured for Advancing Innovation

Eleven local technology companies were honoured Tuesday for the roles they have played in advancing innovation and entrepreneurship in Alberta.

The companies - who work in fields such as cloud computing, oil and gas, telecommunications and more - were declared winners at the 2014 TechRev Innovators awards night.   An initiative of Innovate Calgary, TechRev aims to increase awareness of and investment activity in the technology sector in the Calgary region. More than 600 companies were nominated this year, and the winners were selected based on factors like financial performance, operational growth, and market viability.   Peter Garrett, Innovate Calgary interim president, said the honourees represent the ingenuity and "can-do" spirit that has become synonymous with Calgary.   "The passion for innovation and perseverance to succeed is inspiring and we are proud to celebrate the achievements of the technology startup community," he said.   Garrett added that while Calgary may be known as an oil and gas city, its technology community is not to be overlooked. Out of 165 technology companies recently surveyed by Innovate Calgary, 82 per cent released at least one new product or new version in the past year, 30 per cent expanded their international reach in the past year, and 64 per cent created new jobs in the past year.   Continue reading Eleven tech firms honoured for advancing innovation.