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Top 5 Toronto Tech Companies you should know

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Top 5 Toronto Tech Companies you should know

In recent years, Toronto has become a mecca for tech companies. The past decade has seen the city becoming a huge tech hub and lots of small and large companies have been making their base in the city. Looks like there is no stopping Toronto from becoming an unstoppable juggernaut and will continue evolving further. Recently Toronto rose to number 3 in terms of North America’s fastest-growing tech market, taking Washington D.C.’s spot.

These are some of the companies which are making a statement in “THE 6”:

Ecobee

It is a home automation company that makes smart thermostats and the technology comes with its own bells and whistles to serve customers. What started as an idea to reduce the carbon footprint of his family, founder Stuart Lombard’s company has come a long way since 2007. The company has made a name for itself in the smart home market and through its solutions, aims to have “planet positive actions.” The Ecobee team is driven by creativity and innovation and is thus continuously evolving and growing.

Ubisoft

The French company is one of the most renowned videogame studios in the industry currently. With popular titles like Prince of Persia, Assassin’s Creed, Splinter Cell et cetera, under its belt, it has expanded its studios across the world, including one in Toronto. With each passing time game technology is becoming cutting edge and driving that technology are people specializing in IT and other game development departments. With a multicultural team of various religious faiths and beliefs, Ubisoft promotes diversity and growth. With art and technology merging to create meaningful narratives, Ubisoft has made an impact in the Toronto tech sector.

Top Hat

Top Hat was the idea of Mike Silagadze and Mohsen Shahini. Founded in 2009, the duo wanted to salvage cellphone technology and make education more accessible. The company specializes in helping educators engage with students via the platform. Educators can take attendance along with organizing course material and much more. The platform is being used at 75% of the top 1,000 leading colleges and universities in North America. With aggressive expansion through the distribution of academic content, creation, and distribution of interactive materials, Top Hat will continue providing rich and creative learning experiences.

Oracle

Another company that stands out is Oracle. It deals with database software and technology, cloud engineering, and enterprise software products. It is the second-largest software company, sitting closely behind Microsoft, according to Forbes Global 2000, 2019 list. With importance to shared ideas, collaborative team endeavours, and constructive feedback, Oracle validates innovation. Skilled talent, looking to make a difference can definitely look at Oracle and get creative.

Fresh Books

FreshBooks is accounting software and is cloud-based. It serves small and medium-sized companies and the software can be accessed on both desktop and mobile platforms. Due to the loss of his work back in 2003, CEO Mike got the inspiration for the company and here it is having annual revenues of an estimated $50 million. Head office based in Toronto, it along with other listed companies nourishes the economy and makes a positive impact while doing so.

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