Entrevestor and Progress Media today are proud to release our Entrevestor Intelligence report on Big Data in Atlantic Canada.

The report outlines how the Atlantic Canadian startup community fits into the global revolution in data analytics – the opportunities, the challenges, the progress so far.

What we learned is that companies involved in this space are resonating with investors, and that the segment is growing. It’s also improving healthcare, as companies begin to probe how society can benefit by using health-related data to improve processes.

The reason for the segment’s growth is not just that new companies are forming to analyze data. What’s also happening is companies active in other tech segments – like Equals6, a career-focused social network for students – are realizing the economic potential of the data they create. These companies are developing analytics features to generate revenue.  

Our sponsors for this project are instrumental in the growth of the segment in Atlantic Canada. T4G has been identified with the space since President Geoff Flood first mooted the idea of establishing a Big Data Centre of Excellence for the region. It organized the Big Data Congress in Saint John in January, which demonstrated the excitement in the region around data.

The region’s universities have been tremendous supporters of data-based sciences, so it’s fitting that Springboard Atlantic has also sponsored this report. Universities throughout the region have developed courses and programs in data analytics, and are working at applying best practice to a range of industries. Springboard, which is dedicated to the commercialization of research by Atlantic Canadian post-secondary institutes, is a key component in linking these schools with industry.

In addition to our sponsors, we’d like to thank Neville Gilfoy, Pamela Scott-Crace and Corrie Fletcher Naylor at Progress for working with us in producing this Intelligence Report.