Global software firm Xero is opening a new North America Product & Tech Hub located in Vancouver.
Building on the company’s worldwide network of specialized cross-functional teams, the Vancouver-based Product & Tech Hub will serve as a strategic node in Xero’s global innovation network, according to a statement from the firm.
Operating within Vancouver’s tech ecosystem, the North America Hub will expand Xero’s engineering presence in the region while advancing a broader technology and AI roadmap.
Vancouver, according to Xero Chief Technology Officer Rick Carragher, “sits at a unique intersection of high-calibre talent and global connectivity, making it an obvious choice as we continue to expand our products and drive innovation for small businesses around the world.”
For example, the city boasts the highest concentration of software engineers who work at tech companies (71%), Scoring Tech Talent data shows, edging out even San Francisco (70%).
The Hub will be anchored by Xero’s Accounting Engine department, Carragher says, and will aim to help the organization’s teams move faster, simplify how they work, and deliver better outcomes at scale.
“By establishing Vancouver as our North America Product & Tech Hub, we’re inviting top engineering talent to help us redefine how businesses operate and grow in the era of
AI-powered finance,” said Carragher.
Xero, which entered the Canadian market in 2019, today boasts more than four million subscribers across 180 countries, providing industry-specific small business services.
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