At the Canadian Telecom Summit, Ericsson (NASDAQ:ERIC) announced its plans to build a global ICT Centre in Vaudreuil-Dorion, Quebec. The new approximately 40,000 Sqm facility will house the company’s complete portfolio enabling the R&D organization to develop and verify solutions, creating the foundation for the next generation technology and cloud-based services.
Canada’s new state-of-the-art centre will be located close to two of Ericsson’s main R&D hubs in Montreal and Ottawa and will be a new platform for its R&D engineers, supporting their lean and agile ways of working. Ericsson will be eligible for Hydro-Québec’s Rate L—an attractive rate for large power customers—and may also qualify for the 10-year tax holiday announced in the Budget speech for investment projects of $300 million or more.
The project will create 60 new engineering positions and consolidate 200 R&D jobs in addition to generating investments of over $1 billion on three years. “I welcome the establishment of Ericsson’s new ICT Centre and the spinoffs it will generate for Greater Montréal and Québec. This project recognizes Québec’s advantages and is a sign of confidence in the strength of our economy. It is proof positive of Québec’s capacity to attract major investment projects,” said Québec Premier Pauline Marois.
“High hydropower availability is undoubtedly one of Québec’s major assets, making the province an excellent base for this project. This wealth of renewable energy combined with the expertise of our ICT workers will help build a competitive cloud computing sector in Québec, while contributing to sustainable development,” said Nicolas Marceau, Québec’s Minister of Finance and the Economy.
Cloud computing makes use of remote servers to handle applications
traditionally run on local servers or workstations.
Mark Henderson, President, Ericsson Canada Inc., says: “It is a special day for us as we celebrate 60 years of doing business in Canada and at the same time we announce the plan to build this high-tech centre which will be an important foundation for our future innovation. The ICT Centre represents our commitment to the region and will contribute to building the ICT ecosystem and competence in Canada.”
“The future of Quebec and the greater Montreal area relies on the knowledge base, the training opportunities and the skills available locally,” says Quebec Premier Pauline Marois. “And I welcome the establishment of Ericsson’s new global ICT Centre and see this as an example of what Quebec has to offer and a sign of confidence in our economy.”
The North American ICT Centre will begin operations in early 2015.
Ericsson has more than 3,100 employees in Canada and works closely with more than 15 of the country’s top universities and colleges to provide funding for R&D projects while granting students and researcher the opportunities to gain hands-on experience in Ericsson’s facilities. In 2012, Ericsson invested more than $325 million in R&D in Canada and is one of the top ten R&D investors in the country.
Source : Ericsson Press Release