Rocket Builders Names Top BC Technology Companies To 13th Annual “Ready to Rocket” listsThursday, February 26, 2015
Ready to Rocket list for 2015 Showcases Technology Sector Strength and Growth on Three Fronts - ICT, Cleantech and Life Sciences.
Rocket Builders Names Top Technology Companies To the “Ready to Rocket” lists for 13th Consecutive Year to Highlight Companies with Highest Growth Potential
Vancouver, BC, February 26, 2015--(T-Net)--Rocket Builders today released its thirteenth annual “Ready to Rocket” lists. These lists profile British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers.
The annual 2015 “Ready to Rocket” lists endevour to provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year.
The lists cover 3 different technology sectors:
The “Ready to Rocket” lists are the only predictive lists of its kind in North America, requiring many months of sector and company analysis, according to the company.
“The technology sector continues to grow in B.C. and presents a growing challenge to select and identify the most likely to succeed.” said Geoffrey Hansen, Managing Partner at Rocket Builders. “Ten years ago, the list only featured ICT companies, and that was the fastest growing segment of the technology sector. Now, both the LIfe Science sector and the CleanTech sector have established themselves as equal partners in driving revenue, employment and investment opportunity in B.C.”
“Most of the companies on the Ready to Rocket lists do the majority of their business in the United States,” said Reg Nordman, Managing Partner at Rocket Builders, “The USA Economy is growing, and, along with the weakening Canadian dollar, is expected to give B.C. technology companies a revenue boost next year. In past years when the Canadian dollar weakened, Ready to Rocket companies were able to be more competitive and increase profitability.”
Reg Nordman and Geoffrey Hansen, Managing Partners at Rocket Builders
2015 Ready to Rocket ICT List
The 28 selections for the 2015 ICT Ready to Rocket list are as follows:
“The number of ICT companies in B.C. continues to grow, with high-profile accelerators contributing to this trend.” said Steven Forth, Senior Partner at Rocket Builders. “The ICT sector as a whole has been driven by the ‘Internet Everywhere' trend with mobile apps/devices and cloud connectivity, and we see this driving many of the B.C. companies. There are a large number of young growth ICT companies in B.C. maturing to require investment to capitalize on market opportunities.”
Rocket Builders also released results from its 2014 prior year lists, with strong revenue growth across all sectors and 2 companies being acquired - Pulse Energy acquired by Boston based EnerNOC Inc. and Medeo Corporation acquired by QHR Corporation. Additionally, Life Science company Aquinox Pharmaceuticals Inc. did an IPO last March.
The 2014 Ready to Rocket list for ICT performed extremely well, according to the company. The median growth rate on that list was 50% growth, with 4 companies exceeding 100% growth. The majority of companies on the list had between 25% growth and 100% growth, and the list as a whole represented the creation of over 287 jobs (51% headcount growth). Over 40% of companies on the list received new investment in 2014.
The 2014 Ready to Rocket list for Cleantech also performed extremely well, with a median revenue growth rate approaching 100%. The Cleantech list companies created over 100 new jobs, representing over 35% employment growth. The majority of companies exceeded 50% revenue growth and an impressive 80% of the companies acquired new investments in 2014.
According to Dave Thomas, Senior Partner at Rocket Builders, “The Cleantech sector in B.C. is very strong, and the companies on the list have become well established. These companies benefitted from acquiring key industry partnerships to establish great channels to market. Growth rates are better than any other region in North America. ”
The 2014 Ready to Rocket list for Life Science featured many new investments and key milestones, according to Rocket Builders. Revenue growth was over 100% for all companies on the list, and the majority of companies at least doubled their headcount.
Thealzel Lee, Senior Partner at Rocket Builders, says that “2014 has seen significant investments in BC's life science companies, and advances in progress has increased revenue and headcount. The major trends influencing this sector include evolving regulatory issues, the need for efficiency in healthcare delivery, and the ongoing convergence with IT technologies.”
For full details on the “Ready to Rocket” lists, please visit http://www.readytorocket.com
About the Rocket Recognition Program
The Rocket Recognition Program features two branded lists of companies. The "Ready to Rocket" list profiles information technology companies with the greatest potential for revenue growth in the coming year. The "Emerging Rockets" list profiles technology companies from multiple technology sectors with great potential for investment and market breakthroughs in the coming year. Both lists are predictive of future success making them unique in approach and unique in value for our business audience. "Ready to Rocket" and "Emerging Rockets: are trademarks of Rocket Builders, a respected management consulting firm servicing the technology industry.
About Rocket Builders
Rocket Builders is a management consulting firm providing sales and marketing services. With a focus on helping technology companies to grow and prosper, Rocket Builders has a proven track record of success with its clients. Since 2000, we have been engaged in market research, market planning, business development initiatives, strategic selling, and product launches for over 300 organizations.
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