June 19, 2018 (CALGARY) – Tugboat Logic, Inc., an innovator in security and privacy management, is pleased to announce it has chosen to locate its Canadian corporate head office in Calgary, Alberta. The company recently launched its Enterprise Security and Sales Management offering, the first solution to use automation and intelligence to simplify IT and sales compliance for every enterprise. It creates a scalable governance system of record for business teams to quickly and easily manage security policies and controls that in turn support critical business functions like sales, with real-time compliance information needed to complete customer RFPs and contracts
“After researching a number of possible sites, we selected Calgary for our headquarters for several reasons,” said Tugboat Logic co-founder and CEO, Ray Kruck. “When compared to other Canadian centers, Alberta’s tech sector stood out with its large artificial intelligence research and development capacity, highly skilled and accessible engineering workforce, business-friendly climate along with tremendous support from organizations like Calgary Economic Development. One visit here and Calgary became an obvious choice for us.”
Connecting to the Calgary Technology Ecosystem
Several Alberta-based organizations are actively engaging Canadian and international tech firms to build and expand in the province.
“We’ve been excited to support Tugboat Logic in their expansion to Canada and their Calgary headquarters,” said Mary Moran, CEO of Calgary Economic Development. “Ray and his team are a fantastic example of entrepreneurs strengthening our local innovation ecosystem and hiring local talent to build a great company here.”
Innovation in Security and Compliance
Tugboat Logic’s innovation is leveraging proprietary techniques and artificial intelligence (AI) to automate compliance and RFP response that aligns governance with sales commitments and monitors real-time gaps or risks. Using AI for sales and IT compliance is pioneering but necessary in a post-GDPR world (General Data Protection Regulation) where new reporting and processes are required for all digital enterprises. Tugboat Logic is an ideal solution for smaller companies, without substantive IT staff or resources, to establish a system of record and get their team aware of the new privacy rules.