Technology companies choose to locate in BC’s Lower Columbia for two often-overlapping reasons. The first is the significant presence of the metallurgical industry and the technological synergies that exist. The second reason is quality of life. It is a beautiful place and that makes it easy to recruit and retain key players.
Examples include specialists in the emerging field of VFX (motion graphics in video production) Juicy Studios, computer software developers like Adventure Engine and high quality, professional website design & development and new media companies like ProCreative Design Lab.
AC Global Systems customizes scalable fleet tracking solutions from a Canadian head office in Trail. Their technological expertise very clearly lies in Global Positioning Systems.
Rackforce concentrates on hybrid cloud, dedicated hosting, colocation and disaster resiliency services. While their main data centre is in Kelowna, Rossland is the location of choice for key members of their executive team.
Thoughtexchange, the group insight platform, announced in October 2015 that it closed a $7M investment round at a post-investment valuation of over $50M. New investors include Marin Investments, Kingswood Capital as well as other notable investors from the Pacific Northwest. Both existing investors, First Generation Capital and JNKS Investments, participated. This latest investment brings Thoughtexchange’s total financing to date to $12 million.
Finally, Teck Resources Limited’s Applied Research and Technology (ART) group is also located in Trail. It employs approximately 50 individuals, including research engineers and technologists and managerial staff.
ART works with various business units across Teck to:
- characterize ore bodies;
- develop and test processing options;
- evaluate and implement technologies to improve performance and decrease unit costs; and
- design and test innovative environmental improvement initiatives.