TELUS joins GE Canada and Ryerson Futures to foster growth in
the Internet of Things, communications, and digital industrial
sector
CALGARY, Oct. 23, 2017 /CNW/ - Zone Startups Calgary is
pleased to announce TELUS as the newest key contributor to its
startup network. The Zone Startups Calgary program, formed by GE
Canada and Ryerson Futures, accelerates growth of startups in the
digital industrial space, energy industry, smart cities, and clean
technology. Startups participating in the program will now have
access to TELUS experts and business units, leading-edge equipment
and wireless technology to help expand their businesses even
faster.
"The addition of TELUS as a corporate contributor will broaden
our innovation mandate and provide the startups in our program with
an even bigger competitive advantage," says Joe Martini, Director of Zone Startups Calgary.
"TELUS will work closely with Zone Startups Calgary and GE Canada
to provide participating startups with increased market access for
expedited technical and commercial validation, visibility into new
business opportunities as well as increased access to subject
matter experts and mentors."
"TELUS has a long history in Alberta of fostering innovation and we are
proud to build on that legacy through this partnership to support
the development of next-generation technologies such as Internet of
Things (IoT) devices and big data applications," said Brent Allison, Senior Vice President of TELUS
Business Futures. "We look forward to working with Zone Startups
Calgary participants, fellow supporters and contributors to develop
promising ideas into commercial successes for the benefit of our
economy and community."
In addition to supporting Zone Startups Calgary, TELUS continues
to support Albertans throughout the province by providing the
resources they need to innovate, like access to high-speed,
reliable Internet. The company recently announced a $4.2 billion investment in communications
infrastructure across Alberta
through 2020 to extend its gigabit-enabled TELUS PureFibre network
and strengthen its 4G LTE wireless service. To support the next
wave of IoT, TELUS is testing next-generation 5G wireless service
and piloting standards-based Low Power Wide Area (LPWA) network
technology, a key enabler of advanced IoT ecosystems.
"TELUS joining Zone Startups Calgary is a testament to quality
of the innovation ecosystem that we are building here at GE's
Customer Innovation Centre," explained Gandeephan Ganeshalingam,
Chief Innovation Officer with GE Canada. "This is a space where we
work on real-world problems for our customers and Zone Startups
Calgary is a critical part of that solution – even more so now with
TELUS' valuable contributions."
About Ryerson Futures
Ryerson Futures Inc. (RFI)
operates corporate accelerator programs focused on growing and
investing in early-stage technology companies. RFI's programs
include Zone Startups Calgary in partnership with GE and TELUS,
Zone Startups Sports + Media in partnership with Rogers, and Zone
Startups India including programs with Axis Bank, the Bombay Stock
Exchange, and Lodha Group. RFI is also the accelerator program and
seed fund connected to the DMZ at Ryerson. Since 2013, RFI
companies have raised over $285MM in external financing. For more
information about Ryerson, visit ryersonfutures.ca and for more
information about Zone Startups Calgary, visit
http://calgary.zonestartups.com.
About TELUS
TELUS (TSX: T, NYSE: TU) is Canada's fastest-growing national
telecommunications company, with $13
billion of annual revenue and 12.8 million subscriber
connections, including 8.7 million wireless subscribers, 1.7
million high-speed Internet subscribers, 1.3 million residential
network access lines and 1.1 million TELUS TV customers. TELUS
provides a wide range of communications products and services,
including wireless, data, Internet protocol (IP), voice,
television, entertainment and video. TELUS is also Canada's largest healthcare IT provider, and
TELUS International delivers business process solutions around the
globe.
In support of our philosophy to give where we live, TELUS, our
team members and retirees have contributed over $482 million to charitable and not-for-profit
organizations and volunteered more than 7.7 million hours of
service to local communities since 2000. Created in 2005 by
President and CEO Darren Entwistle,
TELUS' 12 Canadian community boards and 5 International boards have
led the Company's support of grassroots charities and have
contributed more than $60 million in
support of 5,595 local charitable projects, enriching the lives of
more than 2 million children and youth, annually. TELUS was
honoured to be named the most outstanding philanthropic corporation
globally for 2010 by the Association of Fundraising Professionals,
becoming the first Canadian company to receive this prestigious
international recognition.
For more information about TELUS, please visit telus.com.
SOURCE Ryerson Futures