Ericsson’s continued investment in Canada innovation recognized in Canada’s Top 100 Corporate R&D Spenders annual ranking
Research Infosource released its annual ranking for corporate research and development spending in Canada for fiscal 2019, recognizing companies’ substantial gain in spending
Ericsson Canada today was recognized by Research Infosource Inc., Canada’s source for research and development (R&D) intelligence, in Canada’s Top 100 Corporate R&D Spenders annual ranking for fiscal 2019.
"Ericsson Canada is a stalwart of the Canadian research scene and a consistently strong performer," said Ron Freedman, CEO of Research Infosource Inc.
“Ericsson has been a critical part of Canada’s innovation story, and the R&D work done in Canada has been a large contributor to Ericsson’s global leadership in 5G,” said Graham Osborne, President of Ericsson Canada. “We’re continuing to actively collaborate with leading players across academia and the wider industry to enable Canada’s industries and service providers to drive the next chapter of innovation.”
Ericsson has been committed to Canada and ensuring digital inclusion for all Canadians since 1953. The company has invested more than $4 billion in R&D in Canada and continues to employ more than 2,400 people across the country, contributing more than 2,000 patents to the company’s global patent portfolio. Ericsson Canada also works with more than 18 of the country’s top universities and colleges, and helps lead a collaborative national- and regional-government-supported 5G technology network corridor called ENCQOR.
Canada’s Top 100 Corporate R&D Spenders posted a combined gain of 7.5 percent in R&D spending in fiscal 2019 taking total outlays to $13.46 billion. To read the full announcement, click here for the press release and to view the rankings.