Paddy Cosgrave, CEO of Web Summit, and Justin Trudeau, Prime Minister of Canada, have announced that Collision, North America’s fastest growing tech conference, will be held in Toronto, Canada in 2019.
Size of tech sector, diversity and inclusion of Canada and the Toronto Region are key factors in decision, says Paddy Cosgrave.
Now in its fifth year, Collision has gone from 5,000 to an expected 25,000 attendees in New Orleans in 2018. Created by the team behind Web Summit, the world’s largest and most influential tech event, Collision attracts CEOs of the world’s largest companies, founders of the most exciting startups, leading investors and media, from more than 120 countries.
Collision began in Las Vegas and then moved to New Orleans for three years. It has become the most significant startup, investor and technology conference in North America, praised as “the anti-CES” and rivaling Austin’s SXSW Interactive.
Collision 2019 will be held from May 20-23, 2019, at Enercare Centre, Canada’s largest exhibition and convention facility with over 1 million square feet of exhibit space. It is the seventh largest facility in North America.
The four-day international conference is the umbrella under which 12 other conferences take place over six stages, with sectors including AI, automated and connected vehicles, data, security, design, investment, software development, marketing, music and sustainability.
Collision is expected to bring more than 90,000 attendees to Toronto over the next three editions with an economic impact of $147 million.
The organisers behind Collision looked at various locations around North America to support future growth and provide attendees with the best possible experience. They chose Toronto because the city is a global hub, boasts state-of-the-art infrastructure and conference facilities and is home to one of the most vibrant tech and startup sectors in North America, with a world-class AI hub headed by the godfather of AI Geoffrey Hinton.
The Toronto region ranks as the largest tech sector in Canada and the third largest in North America. The sector employs 401,000 people in 18,000 tech companies, accounting for 15% of all jobs in the Toronto region. The growth of the regional tech sector outpaced that of New York City and San Francisco combined in 2016. Based on that growth rate, Toronto will have more technology jobs than Silicon Valley within two years.
“We are delighted to announce that Collision is moving to Toronto”, Cosgrave states. “Right now feels like a special moment for Canada, and for Toronto. There is such energy in the city, such an open, cosmopolitan and global atmosphere. Great companies are being started and incredible talent is coming out of University of Waterloo and University of Toronto and other institutions. New Orleans, Collision’s home for three years, is a very special town, but as Collision grows we needed to find a bigger base with more global connectivity. A new wave of Canadian founders are building companies not just out of Canada but all over the world. At the very moment when some countries around the world seem to be shutting their borders, when intolerance is on the rise, Toronto stands for diversity and inclusion.”
Quick Facts About Toronto
Third largest tech sector in North America, with offices for Google, Facebook, Microsoft, IBM, Cisco, Airbnb, Uber and more
Over 18,000 tech companies employing over 400,000 employees in the tech sector
Over 4,100 tech related startups
VC investment in tech has grown by 2.5 times between 2013 and 2016
2017 was another record year for funding in Canada at $2.7B US with Toronto seeing the most deals
Toronto Ranks Among the World’s Fastest Growing Technology Innovation Hubs – https://techvibes.com/2018/03/