A vibrant Information & Communications Technologies sector
Alberta's vibrant ICT sector develops products and services, including artificial intelligence, geomatics, augmented and virtual reality, and big data analytics.
After energy and agriculture, advanced technology is the third largest industry driving Alberta’s economy. In 2015, the province’s ICT industry generated $15.6 billion in revenues. In 2015, over 7 per cent of businesses in Alberta were in the technology sector, the second highest proportion in Canada (source: Brookfield Institute The State of Canada’s Tech Sector 2016).
34% of Alberta technology firms are integrating Artificial Intelligence (AI) into their offering. 23% of firms report over $1M in annual revenue. 81% of capital funding raised by Alberta tech firms is from Calgary or Edmonton sources. 27% is raised from other parts of Canada; 24% is from the US.