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TCS launches Pace Port in Toronto


said on Wednesday that it has launched TCS Pace Port TM Toronto, its fifth global research and co-innovation centre for the Canadian market. In support of local partner ecosystems, also announced a $1,000,000 CAD gift to the University of Toronto’s Data Centre at the School of Cities, earmarked to support the building of smart cities.


Located on the top floor of
400 University Avenue and spanning 16,000 square feet, Pace Port Toronto provides companies with access to the technology from TCS Research labs, start-ups, VCs, entrepreneurs, and academia – including the University of Toronto – as well as TCS’ network of Pace Ports in New York, Pittsburgh, Amsterdam, and Tokyo. Plugging into this collective ecosystem of innovators and intellectual property through TCS’ Co-Innovation Network (COINTM) will enable Canadian companies to embrace a hybrid approach to collaborative innovation to set the pace of transformation in their industry.

Pace Port Toronto features a workspace, training space, academic research lab, and innovation showcase to encourage rapid prototyping, research, and commercialization of technologies.

Minister Victor Fedeli, Ontario Minister of Economic Development, Job Creation and Trade, said, “Our government is committed to making Ontario a more attractive place for businesses to invest and create jobs. TCS Pace Ports bring together co-innovation networks of over 2,600 start-up and industry partners, to drive innovation and create the right conditions for our businesses and job creators to invest, grow and attract investment all across Ontario.”

TCS Pace Port hubs around the world include over 4,000 researchers and innovators, more than 2,300 start-up partners, over 30 innovation labs, and 67 academic partners.

“Establishing a Pace Port in Toronto – North America’s fastest growing tech market — is part of a long-term TCS strategic plan for Canada that includes innovation labs, growing and reskilling our workforce, and our ongoing work with schools to support STEM education,” said Ananth Krishnan, Chief Technology Officer, TCS.

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