Wavefront releases first impact assessment

Wavefront, a Centre of Excellence for Commercialization and Research (CECR), has released its first economic impact assessment demonstrating that it accelerates time-to-market by four-to-six months and saved participating wireless companies $2.2 million through its suite of business assistance services. The Vancouver-based organization also found that it generated $4.80 in economic benefits for every dollar received. The assessment was conducted one year after one full year of operation and will be used as a benchmark to inform future offerings to increase its impact on wireless companies. The impact assessment study was conducted by Bytown Consulting to determine the impact of its programs and services between 2009 and 2012. Prior to CECR funding, Wavefront was established in 2007 by the Wireless Innovation Network Society of BC....