Company Research Report: Hackworks
Company Overview
- Name: Hackworks
- Mission of the Company: Hackworks is dedicated to helping clients achieve digital transformation and building innovation competencies and confidence in their workforces. The company leverages co-creation and challenge-based learning techniques to produce innovation programs and events where ideas are shared, new connections are made, and innovative solutions are created.
- Founded: Hackworks was officially formed in 2015.
- Origin: It emerged from XMG Studio, an award-winning mobile game company known for creating "Cows vs. Aliens." Hackworks became independent following the success of hackathons like the Canadian Open Data Experience (CODE).
- Key People: No information is available.
- Headquarters: No information is available.
- Number of Employees: No information is available.
- Revenue: No information is available.
- Known For: Hackworks is known for organizing hackathons, challenges, and sprints that engage communities and surface solutions. They cater to various sectors, including health/life sciences, banking/finance, professional services, government, and non-profits.
Products and Services
Products
- Hackathons: Designed to identify talent, engage developers, build communities, and surface solutions in a dynamic environment.
- Challenges: Allow participants to delve into complex issues over extended periods to develop well-thought-out solutions.
- Sprints: Customizable innovation sprints that teach innovation skills and mindsets to build a culture of innovation.
- Workshops: Workshops augment internal programs with additional learning and practice in innovation methodologies.
Key Features
- Consulting: Designing unique programs tailored to client needs, providing guidance from the planning stages through execution.
- Platform: A customizable and modular platform to host hackathons, challenges, sprints, or workshops.
- Community Engagement: Building and activating communities for collaboration and change.
Recent Developments
- New Products Launched: No specific new product launches were mentioned.
- New Features: No information is available about new features added to existing products.
- Partnerships: Engaged with clients like Alphabet Company to deepen relationships and demonstrate cloud platform capabilities; partnered with TD for Toronto’s biggest hackathon; assisted Capital One in creating a recruiting pipeline through the "Gift the Code" hackathon.
Success Stories
- Cloud Sprint: Engaged with a major Alphabet company to connect them with enterprise clients and enhance understanding of cloud platform capabilities.
- Elevate: Worked with TD to create a large-scale hackathon in Toronto, with over 500 participants focusing on making the city more inclusive and vibrant.
- Capital One: Gift the Code: Enabled local charities with a tech boost and created a recruiting pipeline for developers and data scientists.
Conclusion
Hackworks is a frontrunner in innovation strategy and execution, utilizing hackathons and innovative challenges to drive digital transformation across various sectors. The company’s strengths lie in its ability to design and execute impactful programs that meet real business objectives, from skill-building and talent branding to client engagement and community activation.
