Legal minds explore risks associated with technology contracts

IT Computer

The signing of a long-term technology agreement is certainly common enough, but according to a group of lawyers with Norton Rose Fulbright Canada LLP, there is a myriad of legal implications that need to be considered once the physical outsourcing and procurement takes place.

Exactly what those are was outlined recently at the company’s inaugural virtual technology privacy and cybersecurity summit, during an opening panel that focused on risk management in technology contracts.

According to the firm, as “businesses continue to engage in digital transformation, they are relying more and more on outsourcing and technology procurement for additional resources and expertise.”

Moderated by Liana Di Giorgio, senior associate with Norton Rose Fulbright in Toronto, the panel consisted of Janet Grove, a partner from the firm’s Vancouver office who focuses on technology and life sciences, Fahad Siddiqui, a litigation partner based in Toronto, and Nikita Stepin, a business law partner who

Government of Canada invests over C$4 million to support electric vehicle and clean technology

IT Computer

Today, Federal Economic Development Agency for Southern Ontario (Fed Dev Ontario) announced an investment of over C$4 million to support two Ottawa-based tech companies: BluWave-ai Inc. and Tehama Inc.

BluWave-ai is a cleantech company that uses AI (artificial intelligence) to help utility companies add renewable energy sources to their electricity grid. It obtained a repayable contribution of C$1.7 million aimed at building and commercializing software products to manage Electric Vehicle (EV) fleet operations while reducing energy consumption and carbon-emitting vehicles.

Tehama offers cloud-based remote workplace Desktop-as-a-Service (DaaS) solutions for SMEs (small to medium-sized enterprises) and large enterprises. It is seeking to integrate new technologies and expand its cybersecure platform, and obtained a repayable contribution of C$2.7 million.

The combined investment leverages C$12.6 million in private sector support to the region.

“Today’s announcement will help home-grown technologies, while supporting the creation of over 85 high-quality jobs across the Ottawa region.” said

From smart poles to EABs: Valeo Group making some noise at CES

IT Computer

CES is an opportunity for successful but lesser known companies, be they large or small, to make a name for themselves, and one organization that has done just that is Valeo Group.

The French-based organization, which was launched in 1923 in a workshop in Saint-Ouen-sur-Seine, a northern suburb of Paris, has proven at the show that it is far more than just a market leader in sensors for advanced driving assistance systems (ADAS) and related detection algorithms.

Even though the global automotive supplier operates in 33 countries and has partnering agreements with automakers worldwide, it is clear that its interests go far beyond its core competencies.

An example of that occurred at last year’s edition of the conference, when the company announced that had been named a CES 2022 Innovation Awards Honoree for its UV Air Purifier, an air sterilization system for bus and coach cabins.

“Upon activation, the system