As more and more business interactions become intermediated by software, the world has become a real-time system," says Dan Woods, a veteran CTO and an IT consultant to both buyers and vendors at CITO Research.
In a recent opinion piece by CITO Research, the current politics of benchmarking and the benefits of these types of standards are summarized.
Mike Duncan, Chair of Research in Advanced Visualization at Niagara College, explains that the college received funding from CITO to develop real-time collaborative visualization systems.
Algonquin College was also among the first five to receive CITO funding for applied research.
CITO will be entitled to receive a royalty on Micromem's manufacturing revenues from the sale of products incorporating the technology developed under the collaboration.
The response to CITO's call for proposals was outstanding, with CITO receiving over 50% more applications than usual, creating an intense competition for investment support.
Ruda commented, "We are delighted to receive this prestigious award from CITO as an endorsement of our proposed approach, which marries research at the cutting edge with an opportunity to train highly qualified personnel in Canada.
We are excited about our new relationship with CITO, our second international testing partner to date," said Chris Hoehn-Saric, Sylvan's Chairman.
Ton van den Hout, General Director of CITO, commented "This agreement will enable CITO to combine its technical expertise in areas such as consulting, test production and item bank development in conjunction with Sylvan's proficiency in scheduling, registration, fee collection, test delivery, score processing and reporting.