Technology
Because of its local universities and reputation for having a very high standard of living, Vancouver has a growing high-technology sector - including software development such as Maximizer Software and e-commerce such as Cymax Stores. Foreign technology companies which have an established operational presence in Vancouver include IBM, Nokia, Microsoft, Intel, Amazon, Netapp (via acquisition of Bycast), Broadcom (via acquisition of HotHaus Technologies) CDC Software (via acquisition of Pivotal Corporation), McKesson Corporation (via acquisition of locally based startup ALI Technologies Corp), SAP (via acquisition of Business Objects, which itself had previously acquired Crystal Decisions), Kodak (via acquisition of Creo), and Ericsson (via acquisition of Redback Networks, which itself had previously acquired a locally based startup, Abatis Systems). The city has also developed a particularly large cluster of video game developers, the largest of which, Electronic Arts, employs over two thousand people. Vancouver also has a nascent tech startup scene, with startup accelerators BootUp Labs and GrowLab being located there. Startups headquartered in Vancouver include PlentyofFish, clubZone, and Techvibes. Greater Vancouver is also home to MDA, a pioneering space and defense company behind technologies such as the Canadarm and RADARSAT-2. Additionally, Vancouver is emerging as a world leader in fuel cell technology, accounting for 70 percent of Canadians employed in the industry. The National Research Council Institute for Fuel Cell Innovation is located in Vancouver, and the headquarters of Ballard Power Systems is in neighbouring Burnaby.
Read more about this topic: Economy Of Vancouver
Famous quotes containing the word technology:
“Technology is not an image of the world but a way of operating on reality. The nihilism of technology lies not only in the fact that it is the most perfect expression of the will to power ... but also in the fact that it lacks meaning.”
—Octavio Paz (b. 1914)
“If we had a reliable way to label our toys good and bad, it would be easy to regulate technology wisely. But we can rarely see far enough ahead to know which road leads to damnation. Whoever concerns himself with big technology, either to push it forward or to stop it, is gambling in human lives.”
—Freeman Dyson (b. 1923)
“If the technology cannot shoulder the entire burden of strategic change, it nevertheless can set into motion a series of dynamics that present an important challenge to imperative control and the industrial division of labor. The more blurred the distinction between what workers know and what managers know, the more fragile and pointless any traditional relationships of domination and subordination between them will become.”
—Shoshana Zuboff (b. 1951)