Article content
Alberta is now home to more than 3,000 technology companies, a 233 per cent increase since 2012, according to a new report.
The report — conducted by Alberta Enterprise Corp. in partnership with PwC — also shows that Alberta’s tech sector, once made up largely of early-stage startups, is showing signs of maturity. According to the report, almost 40 per cent of tech companies in the province now have annual revenues of more than $1 million, a 66 per cent increase since 2018. Over the past two years, the number of tech companies with 25 or more employees has increased by 12 percentage points to 25 per cent.
We apologize, but this video has failed to load.