• July 30, 2015

    When Swedish multi-national Syntronic arrived in Ottawa to open its first North American R&D facility late last year, Invest Ottawa delivered. Thanks to their help, Syntronic's president, Hans Molin, found office space, conducted 100 interviews, hired 30 employees, filed all of the necessary legal paperwork and permits, enrolled his children into schools, hockey and ballet lessons and found a home for his family, all within just 72 hours.
  • July 28, 2015

    Servitization describes the trend in which organizations are creating value through product-service systems. With the rise of the Internet of Things (IoT), embedded sensors and the power of cloud computing offer businesses the opportunity to monitor the performance of their products in real-time. This enables manufacturers to complement their products with, at times, entire field service support systems customized to meet the needs of their customers.
  • July 22, 2015

    Canada remains one of the most peaceful countries in the world according to the 2015 Global Peace Index, which ranked Canada seventh out of 162 countries.
  • July 16, 2015

    Toyota Motor Manufacturing Canada Inc. recently added two J.D. Power & Associates Initial Quality Study (IQS) awards for plant assembly lines, placing first and second in North America, while capping a list of five Ontario plants that ranked among North America's top 10. Oakville-based Ford Motor Company ranked fourth, General Motors in Ingersoll came in fifth and Toyota's Woodstock plant placed ninth.
  • July 13, 2015

    Mercer's annual cost of living report ranks 207 cities across five continents, comparing costs of more than 200 items in each location, including: housing, transportation, food, clothing, household goods and entertainment. This year's report details a rise in costs across U.S. and Chinese cities, while Canadian locations became relatively more affordable.
  • July 8, 2015

    "Manufacturers must evaluate the rapidly changing innovation ecosystem and develop a strategy for how they fit into it," states Jeff Dobbs, Global Sector Chair of KPMG's Industrial Manufacturing Sector. "Everything should be on the table, from re-evaluating your internal innovation organization design, access to partnerships with new niche disruptive innovators, utilization of open innovation communities or reallocation of R&D investments to new and bolder product development ideas." Dobbs' advice came as KPMG released its 2015 edition of their Global...
  • June 30, 2015

    According to PwC's consulting arm, Strategy&, leading companies are struggling to master the increasing levels of complexity inherent in growth. In a recent report, Winning with Complexity: Operations capabilities that drive profitable growth, Strategy& consultants cite discerning evidence of declining operating margins among companies experiencing revenue growth.
  • June 25, 2015

    WEF's 2015 Human Capital Index ranked Canada first out of 124 countries in the youth talent category and fourth overall, placing them ahead of Japan, U.S.A. and Germany.
  • June 23, 2015

    Professor Mary Crossan and her team at Western University's Ivey Business School have discovered how the spontaneous and creative facets of jazz and theatre improvisation lead to a better understanding of what it takes to generate the creativity that gives rise to innovation.

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