There are 1 Companies in Vancouver
that provide Contract Manufacturing Services!
Discover Top IT Companies in Vancouver specialized in Contract Manufacturing so you can find a reliable partner to outsource your manufacturing.
Contract manufacturing is a service provided by a company (the "contractor") that agrees to manufacture products for another company (the "customer"). The contractor usually has the expertise and resources to produce the products more efficiently and cost-effectively than the customer could on their own. Thus contract manufacturing is a great option for businesses that don't have the resources or expertise to manufacture their own products.
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Vancouver IT Industry: Data & Insights
The tech sector in Vancouver is actively developing and growing, making the city the second-largest tech hub in Canada. In addition to this, Vancouver is Canada’s top city to invest in attracting talents all around the world.
Today there are more than 300 IT companies in Vancouver and 280+ registered that you can find on Tech Behemoths. These companies are providing jobs for more than 100.000 professionals of different ages and specializations. Out of 100.000 tech and IT professionals, ⅔ or 75.000+ are activating in the Metro Vancouver area.
One of the most significant players in the local IT market - BC Tech Hub, is also located in Vancouver, which gives the city a significant advantage in the region, increasing its development potential significantly.
Another interesting fact is that the tech and IT companies located in Vancouver generate $23B in revenue and $15B in GDP - the numbers have increased dramatically over the past 5 years due to a series of factors, such as international investments, good local policies, high education level of local young professionals but also qualified workers from all around the world working in the city.
According to the latest statistics from Vancouver Economic, the industry growth rate is 6%/year, which at its current size means a lot, compared to other cities in the region. The industry includes and provides services such as AI, SaaS, social media, business intelligence, security and fintech, e-commerce, and web technologies.
On a side note, it is essential to note that huge corporations and international companies which are leading the IT sector globally also have offices opened in Vancouver. Microsoft, Amazon, Apple, Facebook, Cisco, SAP, or Intel are only a few to mention from the entire top list of companies that continue to invest, provide workplaces and create new accelerator programs, startup incubators, and everything in between.
In addition, Vancouver is an attractive place for IT companies and professionals not only due to the above-mentioned reasons but also because it has the fastest-growing tech talent in North America, it is the top 25 city for startups in the world, and it has 2nd lowest operational costs in North America.
Overall, Vancouver is definitely a top destination for companies, but also for those who are seeking IT companies with a good reputation and high performance.
What is Contract Manufacturing and what are its benefits for your projects?
Contract manufacturing is a service provided by a company (the "contractor") that agrees to manufacture products for another company (the "customer"). The contractor usually has the expertise and resources to produce the products more efficiently and cost-effectively than the customer could on their own. Thus contract manufacturing is a great option for businesses that don't have the resources or expertise to manufacture their own products.
But, why is contract manufacturing important in the IT industry?
The answer is found in the constant evolution of IT, which wants companies quickly adaptable to new technology new trends, and new market demands. Not every time this is possible on companies own, that is why contract manufacturing service help do this by providing them with the flexibility to scale up or down production as needed. It can also help companies save money on manufacturing costs.
To resume contract manufacturing is important because of it:
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Reduce costs
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Increase efficiency
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Improve quality
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Maximize profits
Generally speaking, there are a few popular items that are often contract-manufactured including such as electronics, medical devices, consumer goods, food and beverage, and industrial products.
But If we look at the IT branch within contract manufacturing services, we can see the following items:
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Hardware: computers, laptops, tablets, smartphones, and other electronic devices.
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Software: operating systems, applications, and middleware.
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Networking equipment: routers, switches, firewalls, and other networking devices.
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Storage devices: hard drives, SSDs, and other storage devices.
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IT services: consulting, support, and training services.
Did you know that?!
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The electronics industry is the largest user of contract manufacturing, accounting for over 30% of the market.
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The global contract manufacturing market is expected to reach cca. $515 billion by 2030.
Selecting the right contract manufacturing company requires considering multiple aspects:
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The company's experience and expertise in the IT industry.
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The company's capabilities in terms of manufacturing capacity, quality control, and delivery.
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The company's pricing and terms.
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The company's reputation and references.
Before you choose a contract manufacturing company, it's important to do your research and compare different providers.
That is why we invite you to make this research on the TechBehemoths platform where more than 77 companies offer a wide variety of contract manufacturing services. Using the filters you narrow down the results based on your requirements and preferences.
Otherwise, you can choose the option to submit your project, and our team will select and send you the best matching companies in about 1 hour. It’s free and there is no obligation to hire. Feel free to start your search just now!