Sub Markets

Property Sectors

Topics

Canada CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Ontario  + Office  | 
Photo of Vooban's new office in downtown Toronto.

AI Leader Vooban Opens New Office in Downtown Toronto 

Vooban, a leader in applied artificial intelligence (AI), has expanded its footprint with the opening of a new office in downtown Toronto.

The move strengthens Vooban’s presence in Canada’s economic hub and enhances its ability to support businesses looking to integrate AI-driven solutions amid ongoing economic challenges, said the company.

“With Toronto being home to some of Canada’s most innovative businesses, this expansion was a natural next step for Vooban,” said Hugues Foltz, executive vice-president at Quebec City-based Vooban.

“We are excited to bring our expertise to more Canadian companies, helping them stay ahead in an evolving economic landscape. This move not only strengthens our presence in the market but also reinforces our commitment to fostering innovation and growth across the country.”

Founded about 14 years ago, Vooban has been at the forefront of AI adoption, helping businesses in manufacturing, logistics, finance, and construction implement AI solutions such as predictive maintenance, supply-chain optimization, and demand forecasting. The company has experienced significant growth, with revenues increasing by 50% annually in recent years.

With 200 employees and a strong focus on expansion in Ontario and the U.S., Vooban aims to continue driving digital transformation by leveraging AI, data analytics, and Internet of Things (IoT) technologies.

Pictured: New Vooban office in downtown Toronto.

Photo: Vooban

Connect

Inside The Story

Hugues FoltzVooban

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.

  • ◦Lease
  • ◦Recruitment
New call-to-action