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BC Companies Take Top Two Spots on Deloitte's 2016 Technology Fast 50 Rankings (and 11 Spots Overall)
Thursday, November 17, 2016
Because it's 2016: Deloitte Technology Fast 50 winners are more diverse and growing faster
BC-based companies snag the top two spots on Deloitte's Technology Fast 50
Vancouver, BC, November 17, 2016--(T-Net)--Deloitte today announced the winners of its Technology Fast 50 program - a class of companies that are more diverse and growing faster.
Eleven BC companies were recognized as among the top 50 fastest growing technology companies in the country (punching well above our weight based on relative population).
Technology Fast 50 companies are selected for demonstrating innovation, leadership and rapid revenue growth over their last four years of operations. Deloitte also celebrated winners of its Companies-to-Watch (CTW) category for early stage growth and its Leadership Award category.
Clinching the top spot on this year's Technology Fast 50 list is UrtheCast, a Vancouver-based technology company that serves the rapidly evolving geospatial and geoanalytics markets with a wide range of information-rich products and services. Urthecast had a revenue growth of 72,938 percent between 2012 and 2015.
In second place is Cooledge Lighting Inc., another Vancouver-based company that specializes in delivering innovative lighting solutions, with a growth of 16,966 percent between 2012 and 2015.
“Technology Fast 50 winners are just the kind of companies we need in order to compete on a global basis and grow more prosperous as a nation,” said Anders McKenzie, Technology, Media and Telecommunications (TMT) Managing Partner and Leader for Deloitte's Technology Fast 50 program.
“They push the boundaries of innovation and make investments to bring new products and services to market. These are bold companies that pursue growth aggressively and are rewarded with increased revenues.”
Thirty-one companies on this year's Technology Fast 50 program are first-time winners. The majority of the Technology Fast 50 winners are from Ontario (26), followed by British Columbia (12) and Quebec (7) with the remaining balance from the Prairie region. This year's Leadership award winners include Aeryon Labs, Big Blue Bubble, Klick, Index Exchange and Real Matters. This prestigious category recognizes organizations for demonstrating innovation and leadership.
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Editor's Note: Although Deloitte recognized 12 tech companies from BC above, "Canada Drives" appears to be more of a Financial Services company, albeit with a web interface (so we have included 11 BC tech companies in our initial count above).
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A complete list of winners of the Technology Fast 50, Companies-to-Watch and Leadership Award categories is available at www.fast50.ca
Rank |
Growth % |
Company name |
City |
Province |
1 |
72938.0% |
Vancouver |
British Columbia |
|
2 |
16966.1% |
Richmond |
British Columbia |
|
3 |
5869.7% |
Benevity Inc. |
Calgary |
Alberta |
4 |
3809.2% |
Maropost |
Toronto |
Ontario |
5 |
3802.6% |
Prodigy Ventures |
Toronto |
Ontario |
6 |
2703.4% |
Canada Drives |
Vancouver |
British Columbia |
7 |
2146.8% |
iotum |
Toronto |
Ontario |
8 |
1704.5% |
Sortable |
Kitchener |
Ontario |
9 |
1640.3% |
Wave |
Toronto |
Ontario |
10 |
1519.6% |
Axonify |
Waterloo |
Ontario |
11 |
1312.6% |
Plusgrade |
Montreal |
Quebec |
12 |
1080.9% |
Big Blue Bubble |
London |
Ontario |
13 |
998.5% |
MobileLIVE |
Richmond Hill |
Ontario |
14 |
863.8% |
Vancouver |
British Columbia |
|
15 |
818.4% |
JUICE Mobile |
Toronto |
Ontario |
16 |
815.4% |
You.i TV |
Kanata |
Ontario |
17 |
662.1% |
Clearpath |
Kitchener |
Ontario |
18 |
606.8% |
Top Hat |
Toronto |
Ontario |
19 |
586.7% |
Magnet Forensics Inc. |
Waterloo |
Ontario |
20 |
577.0% |
PixMob |
Montreal |
Quebec |
21 |
573.2% |
Burnaby |
British Columbia |
|
22 |
544.4% |
Vena Solutions |
Toronto |
Ontario |
23 |
503.8% |
Richmond |
British Columbia |
|
24 |
494.0% |
Aeryon Labs |
Waterloo |
Ontario |
25 |
481.3% |
XYZ Technologie culturelle |
Montréal |
Quebec |
26 |
473.1% |
Financeit |
Toronto |
Ontario |
27 |
448.6% |
Vancouver |
British Columbia |
|
28 |
441.6% |
8D Technologies |
Montréal |
Quebec |
29 |
430.4% |
ScribbleLive |
Toronto |
Ontario |
30 |
414.5% |
Livestock Water Recycling Inc. |
Calgary |
Alberta |
31 |
395.4% |
EventMobi |
Toronto |
Ontario |
32 |
390.7% |
Vancouver |
British Columbia |
|
33 |
383.5% |
Dealer-FX |
Toronto |
Ontario |
34 |
367.3% |
Solido Design Automation |
Saskatoon |
Saskatchewan |
35 |
360.6% |
eSentire |
Cambridge |
Ontario |
36 |
341.8% |
Eddyfi |
Quebec |
Quebec |
37 |
332.0% |
Dejero Labs |
Waterloo |
Ontario |
38 |
330.6% |
VistaVu Solutions Inc. |
Calgary |
Alberta |
38 |
330.6% |
Embrionix |
Laval |
Quebec |
40 |
323.5% |
360insights |
Whitby |
Ontario |
41 |
314.7% |
Burnaby |
British Columbia |
|
42 |
307.8% |
AcuityAds Inc |
Toronto |
Ontario |
43 |
299.8% |
Vancouver |
British Columbia |
|
44 |
299.5% |
Kinova Inc. |
Boisbriand |
Quebec |
45 |
293.0% |
Resolver |
Toronto |
Ontario |
46 |
287.0% |
Big Viking Games |
London |
Ontario |
47 |
269.5% |
ProntoForms |
Ottawa |
Ontario |
48 |
268.4% |
Vancouver |
British Columbia |
|
49 |
252.3% |
Vendasta Technologies, Inc. |
Saskatoon |
Saskatchewan |
50 |
230.2% |
Vancouver |
British Columbia |
About Deloitte
Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please seewww.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
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