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Ontario Investing in New R&D Lab in Ottawa

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DQINDIA Online
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Ontario is partnering with Qlik to invest in technology and grow its business, creating more than 100 new jobs and retaining six positions.

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Qlik is a data visualization and business intelligence software company. With $1.5 million in support from the Eastern Ontario Development Fund, Qlik will establish a lab in Ottawa focused on developing software for cloud computing, analytics and business intelligence. The new site will be the first Qlik R&D location in Canada. The project has a total value of over $22 million and is expected to be completed by December 2019.

The Eastern Ontario Development Fund is helping to create jobs and diversify the economy by encouraging regional businesses to pursue innovation and new markets. The fund was the model for the successful Southwestern Ontario Development Fund. Since 2013, these two funds have helped to create and retain more than 32,100 jobs and attracted approximately $1.58 billion in investment.

“I am thrilled Qlik is bringing their first R&D site in Canada to Ottawa and creating so many new jobs for the people of eastern Ontario. Companies like Qlik are growing our knowledge-based economy by creating good jobs and pursuing innovations that will help them stay competitive in today’s global economy,” says Brad Duguid, Minister of Economic Development and Growth.

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The funds cover up to 15 per cent of eligible project costs, with the recipient company funding the remainder from its own resources.

Qlik has also announced that it is hosting its annual Visualize Your World events in over 30 cities around the world between September and October 2016, including Mumbai on 5th October 2016. The events will highlight how the latest innovations from Qlik supports the full range of analytic use cases, empowering all employees to contribute to their organizations’ transformation into data-driven enterprises. With Digital India gaining momentum, companies such as Decathlon, Cognizant, Mahindra & Mahindra, Micromax, Jindal Steel & Power, and Magma Fincorp are also looking at visual analytics in innovative ways to drive faster and better decisions.

“I’m pleased our government has this opportunity to partner with Qlik. Today’s announcement advances Ontario’s economic strategy to foster long-term growth, and I look forward to seeing the positive impact this project will bring to the people of Ottawa.”, said Bob Chiarelli, MPP for Ottawa West—Nepean.

We are pleased to partner with the Ontario government on this project. With its proximity to the U.S. market, skilled workforce, quality of life and government incentives, Ottawa was the perfect location for our new R&D site. When I think about the opportunity that Qlik has going forward to continue disrupting the enterprise software market, I know we’re going to have many great years ahead of us. I’m confident that our presence in — and commitment to — Ottawa will play a major role in that vision.”,  said Mike Potter, Senior Vice President of Global Engineering, Qlik.

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