8/7/2017
`
`IBM Opens Innovation Space for Entrepreneurs and Startups in Canada to Scale Up Development with Cloud and Cognitive Technology - Canada
`
`IBM Opens Innovation Space for Entrepreneurs and
`Startups in Canada to Scale Up Development with
`Cloud and Cognitive Technology
`
`Part of $54M program in partnership with Ontario Centres of Excellence and the Government of Ontario to boost innovation in healthcare,
`natural resources, financial services
`
`Info Hub
`
`News releases
`
`Info Hub archives
`
`News release archives
`
`TORONTO, ON, September 21, 2016 – Today, IBM (NYSE: IBM) in partnership with
` and the
`Ontario Centres of Excellence
`Government of Ontario launched the IBM Innovation Space, a new startup hub in Toronto to accelerate innovation activities and
`investments in Ontario by helping businesses propel into the global marketplace. The IBM Innovation Space is the first initiative to
`launch under the
`, a $54 million dollar initiative funded by a $24.75 million dollar contribution
`IBM Innovation Incubator Project
`from IBM and $22.75 million from the Government of Ontario’s Jobs and Prosperity Fund. Other partners include the
`SOSCIP
` and members of the
` (ONE).
`Research Consortium
`Ontario Network of Entrepreneurs
`
`The IBM Innovation Space will provide capacity, networking, infrastructure, and a multitude of new IBM cloud and cognitive business
`technologies to help entrepreneurs, startups, and developers incubate and innovate ideas and more rapidly move their business plans
`from research to commercialization.
`
`IBM’s Innovation Space will connect to the Ontario Network of Entrepreneurs to support businesses with advanced IBM technologies,
`including a range of cloud, mobile, analytics, and social solutions. Experts from IBM and its network of collaborators will offer
`mentoring, support services, education, and legal counsel to assist startups in transforming some of Canada’s biggest challenges in
`areas such as healthcare, natural resources, and financial services.
`
`“Access to the latest technology, including cognitive and cloud, as well as these kinds of resources and support, are so often out of the
`reach of start-ups – that’s why we created this space," said Dino Trevisani, IBM Canada President. “We want to help them innovate,
`get to market and expand more quickly to ultimately become the disruptors of tomorrow."
`
`“OCE’s partnership with IBM through the IBM Innovation Incubator Project provides an ideal opportunity to bolster innovation across
`the province and help companies scale-up to become creators of the high value jobs that drive economic prosperity,” says OCE
`President and CEO Dr. Tom Corr. “By establishing and leveraging incubator hubs like the IBM Innovation Space, we can help turn
`Ontario’s big ideas into commercial success here in Ontario and around the globe.”
`
`“Today’s announcement reinforces our commitment to fuel home-grown innovation and leverage our world-class talents to create
`jobs and economic prosperity,” says Brad Duguid, Minister of Economic Development and Growth. “The IBM Innovation Space
`demonstrates our commitment to increase innovation in Ontario by working collaboratively with the public and private sectors. We are
`thrilled to work with IBM and Ontario Centres of Excellence with foundational support from SOSCIP Research Consortium.”
`
`Several Ontario businesses have already accessed the IBM Innovation Space to work with IBM to more quickly incubate and
`commercialize ideas:
`•
`
`, an intelligent decision-support tool for
` used IBM Watson to develop their flagship offering,
`Guelph-based
`LifeLearn
`Sofie
`veterinarians. Through the IBM Innovation Space, LifeLearn is connected to a larger pool of developers with global expertise that
`is often difficult to source in smaller centres.
`
`Cookie notice
`
`https://www.ibm.com/news/ca/en/2016/09/21/b408173w47376h64.html
`
`1/2
`
`1
`
`Analytics For Life, Inc. v. 8825319 Canada Limited
`IPR-01742
`X2009
`
`
`
`IBM Opens Innovation Space for Entrepreneurs and Startups in Canada to Scale Up Development with Cloud and Cognitive Technology - Canada
`
`IBM Opens Innovation Space for Entrepreneurs and
`Startups in Canada to Scale Up Development with
`Cloud and Cognitive Technology
`
`Part of $54M program in partnership with Ontario Centres of Excellence and the Government of Ontario to boost innovation in healthcare,
`natural resources, financial services
`
`Info Hub
`
`News releases
`
`Info Hub archives
`
`News release archives
`
`TORONTO, ON, September 21, 2016 – Today, IBM (NYSE: IBM) in partnership with
` and the
`Ontario Centres of Excellence
`Government of Ontario launched the IBM Innovation Space, a new startup hub in Toronto to accelerate innovation activities and
`investments in Ontario by helping businesses propel into the global marketplace. The IBM Innovation Space is the first initiative to
`launch under the
`, a $54 million dollar initiative funded by a $24.75 million dollar contribution
`IBM Innovation Incubator Project
`from IBM and $22.75 million from the Government of Ontario’s Jobs and Prosperity Fund. Other partners include the
`SOSCIP
` and members of the
` (ONE).
`Research Consortium
`Ontario Network of Entrepreneurs
`
`The IBM Innovation Space will provide capacity, networking, infrastructure, and a multitude of new IBM cloud and cognitive business
`technologies to help entrepreneurs, startups, and developers incubate and innovate ideas and more rapidly move their business plans
`from research to commercialization.
`
`IBM’s Innovation Space will connect to the Ontario Network of Entrepreneurs to support businesses with advanced IBM technologies,
`including a range of cloud, mobile, analytics, and social solutions. Experts from IBM and its network of collaborators will offer
`mentoring, support services, education, and legal counsel to assist startups in transforming some of Canada’s biggest challenges in
`areas such as healthcare, natural resources, and financial services.
`
`“Access to the latest technology, including cognitive and cloud, as well as these kinds of resources and support, are so often out of the
`reach of start-ups – that’s why we created this space," said Dino Trevisani, IBM Canada President. “We want to help them innovate,
`get to market and expand more quickly to ultimately become the disruptors of tomorrow."
`
`“OCE’s partnership with IBM through the IBM Innovation Incubator Project provides an ideal opportunity to bolster innovation across
`the province and help companies scale-up to become creators of the high value jobs that drive economic prosperity,” says OCE
`President and CEO Dr. Tom Corr. “By establishing and leveraging incubator hubs like the IBM Innovation Space, we can help turn
`Ontario’s big ideas into commercial success here in Ontario and around the globe.”
`
`“Today’s announcement reinforces our commitment to fuel home-grown innovation and leverage our world-class talents to create
`jobs and economic prosperity,” says Brad Duguid, Minister of Economic Development and Growth. “The IBM Innovation Space
`demonstrates our commitment to increase innovation in Ontario by working collaboratively with the public and private sectors. We are
`thrilled to work with IBM and Ontario Centres of Excellence with foundational support from SOSCIP Research Consortium.”
`
`Several Ontario businesses have already accessed the IBM Innovation Space to work with IBM to more quickly incubate and
`commercialize ideas:
`•
`
`, an intelligent decision-support tool for
` used IBM Watson to develop their flagship offering,
`Guelph-based
`LifeLearn
`Sofie
`veterinarians. Through the IBM Innovation Space, LifeLearn is connected to a larger pool of developers with global expertise that
`is often difficult to source in smaller centres.
`
`Cookie notice
`
`https://www.ibm.com/news/ca/en/2016/09/21/b408173w47376h64.html
`
`1/2
`
`1
`
`Analytics For Life, Inc. v. 8825319 Canada Limited
`IPR-01742
`X2009
`
`
`
`8/7/2017
`IBM Opens Innovation Space for Entrepreneurs and Startups in Canada to Scale Up Development with Cloud and Cognitive Technology - Canada
`• Big Terminal
`, a Toronto-based startup is using the Innovation Space to develop a search engine powered by IBM Watson to
`Cookie notice
`aggregate, consolidate, and analyze an abundance of financial data from around the world in one easy, navigable location.
`Cookies are important to the proper functioning of a site. We and our
`on “Cookie preferences” at the bottom of this page. To opt-out of receiving
`•
`partners use cookies to remember log-in details and provide secure log-in
`personalized ads from our partners, click "Ad choices" at the bottom of this
`Orenda
`With IBM resources in the Innovation Space,
` is creating an intelligent software solution powered by IBM Watson to
`to improve your experience, collect statistics to optimize site functionality,
`page. For more information on our privacy practices, please visit our IBM
`gather online data that helps businesses interpret what people are saying about their brands.
`deliver content tailored to your interests, and show you relevant targeted
`Online Privacy Statement by clicking on “Privacy” at the bottom of this
`ads on others' websites. To set your cookie preferences on this site, click
`page.
`•
`IAmI
`Toronto-based
` runs its security application on IBM Cloud to provide users of any organization with unique identity
`accesses and identification services to stop cyber intrusion and data breaches.
`• 4D Virtual Space
` uses IBM Watson and Bluemix to transform the real estate industry by turning floor plans into interactive and
`immersive real-time 3D environments. The IBM Innovation Space provided tools and resources that quickly and cost effectively
`moved the startup from product development to a minimum viable product within two months.
`• Analytics 4 Life (A4L)
` is a medical information technology company that uses advanced signal processing techniques to
`extract, process, and analyze important data on patient health. A4L is the first company to graduate from the IBM Innovation
`Space.
`
`
`
`IBM invests in incubator ecosystems like the Innovation Space in Toronto to help close the Canadian innovation gap and nurture
`research and development projects. Collaborative environments create a strong foundation for high value job creation by providing
`startups and developers with the expertise, resources and advanced technologies needed to grow their business and compete on a
`global scale.
`
`IBM is a cognitive solutions and cloud platform company backed by over a century of business and systems innovation. IBM is
`dedicated to world-changing progress and building new ways to outthink challenges in a world where cognitive intelligence is infused
`into the systems and processes that help improve business and society. For more information about IBM’s continued investments in
`Canadian innovation, please visit: http://www.ibm.com/ibm/ca/en/canadian-innovation.html
`
`Over the past 10 years, IBM has invested more than half a billion dollars of in-kind expertise and related technologies to establish a
`series of collaborative innovation hubs across Canada. These include a collaborative incubator space in Hamilton, in conjunction with
`Hamilton Health Sciences, dedicated to advancing the development and commercialization of innovative healthcare products and
`services. Last year IBM launched the Toronto Bluemix Garage at Ryerson University’s DMZ – one of Canada’s largest business
`incubators for emerging technology startups – to bring together a strong network of international partners and in-house expertise.
`
`Media inquiries
`IBM:
`Lorianne Mulé
`IBM Communications, Canada
`Direct:
`
`(905) 316 – 2197
`
`lorianne@ca.ibm.com
`
`
`Cookie notice
`
`https://www.ibm.com/news/ca/en/2016/09/21/b408173w47376h64.html
`
`2/2
`
`2
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`Analytics For Life, Inc. v. 8825319 Canada Limited
`IPR-01742
`X2009
`
`
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