174 replies to this topic

[G-Man]

You guys make your jokes but the fact is, those statistics are backed up by various other trusted local institutions, including the Ian Thow School of Financial Management and the Christophe Rocancourt Entrepreneurship Institute.

Sad that this was not appreciated. Good post!

[Victoria Watcher]

It looks like Bobbi Leach left Paretologic/RevenueWire and started or joined PayMotion.

 

https://ideamensch.com/bobbi-leach/

 

But now it has closed:

 

https://paymotion.com/end-of-service/

 

or maybe paymotion was just another one of pereira's companies.

 

https://ca.linkedin....mpany/paymotion

Edited by Victoria Watcher, 29 May 2021 - 05:53 PM.

[Matt R.]

Yep he’s a cofounder.

Matt.

[VIResident]

As a teenager, Victoria-based Mike Rowe was on the front page of news sites around the world for standing off against Microsoft.

• Now, 17 years later and with $2.5 million in seed funds, his new company, Defined, is building what they’re calling 'the front page of decentralized finance'. Defined is building tools that enable people to harness live and historical data to transact across multiple blockchains and protocols. The company launched last week with funding from Boris Wertz (Version One Ventures), Andrew Wilkinson (Tiny Capital) (for those who do not know, this is the same fella of Capital Daily & rolling out same format across province etc.) , Mark Cuban, Balaji Srinivasan and other investors.

• To read about Rowe’s battle against Microsoft and what he’s working on now, check out our story: ➞ With 2.5M in seed funds, Defined is building the front page of DeFi. from https://www.vantechj...ined-seed-round

Edited by VIResident, 30 May 2021 - 06:01 AM.

[Victoria Watcher]

mike rowe is a borderline genius.  it was/is only a matter of time until he finds his true calling.

[Sparky]

The Mike Rowe story is one of my favourites.

GFY

[VIResident]

I'd like to add, Mike is a great guy.  

[Mike K.]

Oh yeah, this is one talented man. And he never gives up.

[Victoria Watcher]

Canon Inc., best known for its cameras, is developing a strong interest in a Saanichton-based chipmaker as it makes a play for the medical device field.

 

The Japanese multinational will pay about $345 million to expand its 15% ownership stake of Redlen Technologies Inc. to 100% in a deal that ultimately values the company at just north of $400 million.

 

https://www.timescol...deal-1.24356898

[spanky123]

^ Good for them. Redlen was on the rocks a few years back.

[AllseeingEye]

One of the early pioneers of computing support firms locally for sure; these guys have been around since I was 14 and truly at the forefront when business computing was in its infancy and all mainframe/green screens.....none of that fancy Windows stuff! Good for Mr Life:

 

https://www.timescol...0-years-8603808

[Victoria Watcher]

Nice read, that.

[Victoria Watcher]

Study shows $7.8 billion economic contribution from Victoria tech sector

A recent study showed an economic impact of over $7.8 billion from the Victoria tech sector



https://www.vicnews....-sector-7402241




The study also noted an increase in tech sector revenues by 44.3 per cent, and an increase of tech firms in the city from 980 in 2017, to 1,172 today, or a 19.6 per cent increase.

Edited by Victoria Watcher, 21 June 2024 - 10:31 AM.

[spanky123]

^ Viatec does the best they can with the data they have but if you read the report, they basically has data on about 10% of the tech companies in town and then extrapolated that to the 1,200 or so they estimated existed.

[AllseeingEye]

^ The vast majority of which are literal mom&pop shops employing ten or less staff.

 

Although trends are changing as new emphasis is placed on more recent technologies like Cloud and AI, historically the biggest most successful 'tech' firms in Victoria, in terms of significant revenue generation, were/are those with huge consulting arms who work(ed) on government contracts, i.e. Fujitsu, NTT Data, CGI, Deloitte, MAXIMUS, DXCS Advanced Solutions (formerly HP Advanced Solutions) etc. Some of them were and remain entrenched in that LOB literally for decades.....

 

To cite but one exmaple although their bricks and mortar presence is gone using the hybrid & work from home model Fujitsu still makes big consulting bucks focused on supporting government legacy systems like mainframe, CICS, DB2 etc. At its peak there were probably 200+ Fujitsu staff and consultants in Victoria. CGI has its fingers in multiple government clients locally. Deloitte leverages its vast audit experience in performing IT security audits for a slough of clients both the private and government sectors.....