Ontario helps Think Research develop the cloud
December 6, 2017
TORONTO – The province of Ontario is partnering with Think Research Corp. to help the company improve and expand its cloud-based technology platform and services, creating 228 new highly skilled jobs and retaining 130 positions in Toronto.
Ontario is investing up to $5 million through the Jobs and Prosperity Fund for this project. This is part of a larger overall investment by the company valued at $48.88 million. The project is scheduled for completion in September 2023.
Think Research Corporation creates healthcare software that is used by more than 1,000 facilities in Canada, the United States and Europe. It offers a range of digital tools, including order sets, that help doctors, nurses and pharmacists better treat patients. The company’s software also connects healthcare providers, allowing them to collaborate and share medical knowledge.
With support from Ontario’s Jobs and Prosperity Fund, Think Research is improving and expanding its existing software so that patients and providers will have better access to innovative clinical solutions through one platform, allowing for seamless sharing of critical healthcare information to help ensure access to the best care.
“We are pleased to partner with the Ontario government on this exciting initiative as we transform our software solutions,” said Saurabh Mukhi (pictured), chief technology officer, Think Research Corporation. “With this investment, we will continue to solve modern medical challenges to better serve our customers, so they can provide high quality care and improve the lives of patients here in Ontario and around the world.”
Healthcare innovation is part of Ontario’s plan to create fairness and opportunity during this period of rapid economic change. The plan includes a higher minimum wage and better working conditions, free tuition for hundreds of thousands of students, easier access to affordable child care, and free prescription drugs for everyone under 25 through the biggest expansion of medicare in a generation.
“Supporting innovative and forward-thinking companies like Think Research is what the Jobs and Prosperity Fund is all about,” said Brad Duguid, Minister of Economic Development and Growth. “This strategic partnership will help the company make an even greater impact on our healthcare system, while accelerating the growth of Ontario’s economy and creating high value jobs in the province.”
The Jobs and Prosperity Fund helps secure private sector investment in Ontario, allowing the government to partner with businesses that are creating jobs and enhancing productivity, innovation and exports. Every dollar invested through the fund leverages an average of $10 in private sector investments. Since January 2013, Ontario has announced over 32 projects with government commitments totaling over $650 million, leveraging over $6.8 billion in private sector investment.