IBM provided a $200+ million “sandbox” and access to the country’s biggest supercomputer, along with an abundance of analytical tools as the company’s contribution to Southern Ontario Smart Computing Innovation Platform (SOSCIP), a research and development consortium that now includes 14 universities and 2 colleges.
The result? The partnership has generated $2 billion in pipeline revenue by helping university researchers and startups get to market.
This innovation model, facilitating collaboration between IBM, academic institutions, Ontario Centre of Excellence, and SMEs aims to help establish Ontario as a leading global centre for driving innovation in information technology, health, and urban infrastructure (water, energy, transportation).
By partnering with private enterprise, academic institutions can leverage cutting-edge technology and experience. Learn more about SOSCIP and its economic impact: