Toronto Region ICT Cluster Ranks 4th in North America August 26, 2011 RICCentre The Toronto Region Research Alliance (TRRA) has recently published its ICT Regional Innovation Cluster Report. This is the first in a series of reports that are intended to highlight strengths of research-oriented industries in the Toronto Region. The report profiles three areas that are drivers of innovation – industry, academia, and research. Here are some key findings: There are four emerging ICT areas to watch for: cloud computing, mobile technology, digital media and green ICT Canada has a higher percentage of science and engineering degrees conferred and researchers per capital than the OECD average In the Toronto Region: Ranks 4th in North American by number of ICT-related jobs Of Canada’s 250 largest ICT companies, 100 are located in here 2.9% of the labour force is employed in ICT-related roles 13,000 ICT firms in the region making up 35% of all ICT businesses in Canada, generating estimated combined revenues of $54 billion ~80% of the firms are software or service firms The geographic distribution of Canada research chairs in ICT is 31% Click here for the complete report. The RIC blog is designed as a showcase for entrepreneurs and innovation. Our guest bloggers provide a wealth of information based on their personal experiences. Visit RIC Centre for more information on how RIC can accelerate your ideas to market.