Victoria’s tech sector is experiencing unprecedented growth.
Since 2013, the sector has grown by 30 percent and its total economic impact now adds up to $5.22 billion. With nearly 17,000 employees, Victoria’s tech sector significantly contributes to employment and economic output both in the local community and throughout the entire province. It’s an economic driver that industry leaders believe can reach up to $10 billion in revenues by 2030.
One of the driving forces behind the sector’s growth comes from a wave of entrepreneurs who are creating companies, hiring talent and attracting capital to the Island. Victoria’s success is indicative of the entire provincial tech ecosystem, which is experiencing considerable growth year over year. This success has created opportunities for regional tech companies to find partners, create customers, and pitch investors throughout the province.
Victoria Gets Ready
This year, a collection of Victoria’s top tech talent will be touching down in Vancouver for the fourth annual #BCTECHSummit. The event showcases the best and brightest of B.C.’s tech sector, and for many of Victoria’s most prominent companies and entrepreneurs, this won’t be the first time they attend Western Canada’s largest annual innovation conference.
“Every single year this event attracts the most innovative companies this province has to offer,” says Tomica Divic, VP of Operations at Innovate BC, one of the event’s organizers. “And because of that, we’re attracting more international delegates, companies, and investors who want to meet face to face with these companies and get a better understanding of the ground-breaking innovation that’s happening right here in British Columbia.”
This year’s event will feature a wide range of companies from Victoria, including:
Loc’elle, a recently launched startup company working out of VIATEC, who will be featured on the highly anticipated ‘Ones to Watch’ stage, which spotlights under the radar innovators across British Columbia’s tech sector.
LlamaZOO, an award-winning 3D visualization solutions company, whose Co-Founder and CEO, Charles Lavigne, will be featured on a panel discussing the potential of virtual, mixed, and augmented realities and how these emerging technologies can transform your business.
The University of Victoria, who will be bringing some of their top researchers to showcase their work and connect with industry partners to help commercialize their research.
Freshworks Studio, an award-winning digital applications company who will be attending the event for the third year in a row. FreshWorks will be looking for new customers and business opportunities at the brand new Innovation Challenges stream, which is designed to connect large tech buyers with B.C. tech solution providers.
Insights into a New Age of Innovation
“The #BCTECHSummit is one of the most exciting and anticipated events of the year for us at FreshWorks,” says CEO Samarth Mod. “So much so that we were the first company to buy tickets when they went on sale.”
Mod believes that attending the #BCTECHSummit has enhanced FreshWorks’ understanding of the B.C. tech ecosystem and helped establish several relationships that have given the company valuable insight into pain points businesses are facing all over the province. Specifically, Mod cites meetings with government ministries, crown corporations, and even large enterprises like TELUS, as prime examples of valuable business connections that have helped his company grow.
This year’s event will help companies —both tech and non-tech — navigate the new age of innovation and learn how emerging technologies like blockchain, quantum, and artificial intelligence are reshaping the way companies all over the world do business. More than 4,000 attendees are expected to attend sessions, pitches, and side events over the three-day conference, which has become known as the B.C.’s biggest innovation showcase.
Mod adds, “it’s quite humbling to see the level of innovation happening in the B.C. tech sector and refreshing to see the B.C. Government and other enterprises engaged and actively participating in the event. We are very much looking forward to attending #BCTECHSummit for the platform and opportunities it provides to interact with the tech leaders and witness innovation happening across British Columbia.”
The #BCTECHSummit takes place from March 11 – 13 at the Vancouver Convention Centre West. If you’re looking to attend the event, use code BCTECH19-INDUSTRY and save $400 off the full conference price.