“In only 4 years, Montréal International has supported some 40 AI projects in the region, with investments totalling close to $1 billion.” By establishing its research and development center in the region, Hitachi ABB Power Grids will have access to the best talent in these fields,” said Stéphane Paquet, President and CEO of Montréal International. “Montréal’s ecosystems in artificial intelligence and cybersecurity, two closely related sectors, play a key role in the economic vitality of Greater Montréal.
Hitachi ABB Power Grids Canada is proud to host this new center in our Montréal location, and to contribute to the Canadian economy and help attract future talent to the area.” We plan to tap into that pool of expertise. “The province hosts a number of top research institutions and leading companies that are making important strides in fields like AI and cyberdefense. “The selection of Montréal for the company’s new center of excellence highlights the important contributions Quebec-based organizations make to the global energy industry,” said Bill Strohecker, Canada Country Managing Director, Hitachi ABB Power Grids. “The launch of this research and development centre in the metropolitan area and the resulting long-term investment confirm the attractiveness of our technological ecosystem and its wealth of talents.” The Province of Quebec is also strongly involved in the development of technical expertise in the region, and contributes both funding and guidance to help steer and foster a strong, collaborative R&D environment in the province. “For many years, our team has supported Hitachi and ABB Power Grids so they will continue to invest in Quebec, and we’re happy to have contributed to the emergence of a giant in operational technologies for the energy sector,” said Hubert Bolduc, President of Investissement Québec International. In recent years, Montréal has emerged as a key hub of activity in the digitalization ecosystem, hosting a variety of world-class universities, research consortia and major companies, all contributing to the development of new technologies and collaborating on the creation of standards that will help to drive the next generation of sustainable energy solutions. The Center will also focus on mitigating potential threats arising from the increasing connectedness of grid assets. This data can provide valuable intelligence to power utilities and other organizations to help them more effectively address sustainability, reliability and resilience goals.
As utilities and other companies move to digitalize their energy infrastructure, their assets will be increasingly interconnected and linked to the Cloud, which offers significant opportunities to optimize power generation, distribution, transmission and storage capabilities.įor instance, the Center will look to capitalize on opportunities presented by the increasing volumes of data being made available through a growing number of smarter, connected devices distributed throughout the grid.
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