Top 50 Most Connected Tech Companies and Startups in Kitchener and Waterloo
Waterloo: entrepreneurial hot bed
Kitchener-Waterloo (KW) is famous for its entrepreneurial success combined with research and development. With new talent coming from the surrounding universities, the University of Waterloo and Wilfrid Laurier University, many technology companies form in this environment call the region home.
Some of Canada’s largest tech companies, such as Research In Motion, OpenText and more recently Kik and Vidyard were founded in KW. In the past several years nearly 2000 new tech startups have formed, and over $600 million in capital has been raised. (https://www.theglobeandmail.com/technology/kitchener-waterloo-startup/article25558263/)
Companies in this region are making technology strides in networking, wearables, education, construction, and many other sectors beyond hardware and more traditional software.
Together, the startups in KW hire over 20,000 people, and form one of North America’s most active startup hubs.
Startups and technology companies
Innovation in any field, but especially in technology, depends on ideas. Research in the fields of relationship intelligence and network science has shown repeatedly, that the best, most innovative ideas come from outside of a local network as someone is able to make connections between fields and create a new way of tackling a challenge.
Technology companies need to continually invent, and reinvent, in order to keep on the forefront of their fields. As industries shift and change, technology leaders need to be on the forefront of the deals and alliances that are being made.
Each of these criteria favour the technology companies that are ‘most connected’. Those that have invested in building and maintaining the relationships they will need with other innovation leaders and alliance partners will be best positioned to win as the market moves forward.
Which brings us to today’s Most Connected Technology Companies in Kitchener-Waterloo list.
What is Most Connected?
Most Connected is a resource that showcases the most networked companies in a region. According to Harvard Business Review, in today’s business environment, relationships are the key factor in what makes a successful brand. And now, relationship intelligence solutions can identify which companies have the strongest sets of relationships. Nudge.ai is showcasing the companies that are most set up for success based on the strong networks of their employees.
Companies are ranked on a number of factors including how many relationships their employees have, how strong those relationships are, and how many companies those relationships stretch across. For more detail on how Nudge measures and analyzes relationships, see here.