Wavefront Innovation Society (“Wavefront”), the Centre of Excellence for commercialization of mobile and Internet of Things (IoT) technologies, announced today a new partnership with Connected Lab, a digital product development firm. Connected Lab is the latest addition to Wavefront’s Trusted Partner Network, a network of companies and consultants on the forefront of Canadian innovation.
Wavefront works with mobile and IoT companies at all stages of their lifecycle and across multiple industry sectors to launch new business models, change organizational processes, and enhance enterprise customers’ experiences. As an innovation intermediary, Wavefront helps large enterprise companies digitally transform their business by connecting them to innovative Canadian startups and small and medium sized enterprises (SMEs).
Composed of strategists, designers, and engineers, Connected Lab was founded in 2014 and is headquartered in downtown Toronto. They provide end to end services, from technology explorations and user research to launch and optimization. Connected Lab is on a high trajectory of growth, now at over 100 employees.
“We are thrilled to have Connected Lab join our Trusted Partner Network,” says Christian Magsisi, Vice President of Enterprise Solutions with Wavefront. “We see the significant value they will bring to our corporate clients who are looking to digitally transform but don’t have the resources or capacity to do so on their own.”
“Wavefront does a tremendous job bringing Canadian companies together in the name of innovation,” says Mike Stern, CEO of Connected Lab. “They have the ability to connect companies that want to grow their business through software-powered products with firms like ours that can make it happen for them.”
Wavefront programs are focused on driving economic impact in Canada. Over the past five years, their programs for startups and SMEs have helped to generate $418 billion in GDP, 6,700+ jobs and $14 in economic benefits for every $1 in public funding, according to a recent Economic Impact Report.
By extending their expertise and connections to corporate Canada, Wavefront is helping to drive innovation and generate further economic benefits.