22. November 2019 | 11:04 CET
Ballard Power, dynaCERT, Enthusiast Gaming - Canadian Companies Conquer the World
Many people around the globe have Canada on their wish list as a destination for a dream trip. At regular intervals, well-known tour operators and travel guides publish the most popular and beautiful destinations in the world and Canada is usually among the top three countries to be found. Beside the ski areas of the Rocky Mountains, the many lakes and rivers as well as great coastal regions, the country has to offer also economically competence. The country also leads the ranking of commodity exporting nations. In addition, numerous successful innovative companies are based in the Canadian metropolises and conquer the world from there.
time to read: 1 minutes by Mario Hose
Author
Mario Hose
Born and raised in Hannover, Lower Saxony follows social and economic developments around the globe. As a passionate entrepreneur and columnist he explains and compares the most diverse business models as well as markets for interested stock traders.
Fuel cells from Ballard Power
Ballard Power is based in a suburb of Vancouver on the Canadian west coast and develops and distributes fuel cells. The company's innovations can be used in a variety of applications. According to the company, the fuel cells can be used in automobiles, buses, trucks, boats, unmanned aerial vehicles, forklifts, power supplies and trains.
In the context of the current hydrogen hype, investors are lacking alternative investment opportunities and despite losses in the first nine months of this year, the company achieved a market capitalization of over CAD 2 billion.
dynaCERT makes diesel greener
dynaCERT from Toronto has focused over the past 15 years on the development of a hydrogen technology that can increase the efficiency of diesel engines. According to the company's website, the test results of this technology are impressive, as diesel consumption is reduced by up to 19%. In addition, the emission of pollutants is avoided. NOx emissions are reduced by up to 88%, CO by up to 48% and CO2 by up to 9%. A reduction of up to 55% could also be measured in particulate matter emissions.
As an example, the savings in consumption contribute to the fact that the acquisition costs for a unit for a truck can be amortized within about one year. The environment is spared by reduced pollutant emissions and because the technology is retrofitted, existing vehicles can continue to be used - the environment benefits twice with dynaCERT.
Enthusiast Gaming is the new number 1
Also based in Toronto, Enthusiast Gaming plans to build the world's largest network for gamers and e-sports fans. The company is already the new number 1 in the USA and now reaches over 200 million people per month. The gaming industry is growing worldwide and has already clearly overtaken the film industry. From 2015 to 2018 the turnover of the film industry grew by 5% from USD 39 billion to USD 41 billion. By comparison, the increase in the gaming sector was much higher at 50% from USD 92 billion to USD 138 billion.
The world population is currently around 7.7 billion people and more than 4.5 billion internet connections offer business potential with over 2.5 billion gamers around the globe. Access to this target group is very valuable because buying behavior can not only be continuously monitored, but also influenced by advertising.
