Rocket Builders Releases 2017 “Ready to Rocket” Lists for BC Tech IndustryMonday, March 6, 2017
Vancouver, BC, March 6, 2017--(T-Net)--Rocket Builders today released its fourteenth (14th) 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.
Rocket Builders also released results from its 2016 lists, with strong revenue growth across all sectors and four companies being acquired - Simba, Kairos Therapeutics, Bit Stew Systems Inc. and Golden Environmental Mat Services Inc..
The annual 2017 “Ready to Rocket” lists 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.
This year the lists cover 4 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.
The 2017 Lists feature 150 technology growth companies.
“Over the 15 years of the program, the B.C. technology sector has steadily grown each year, and presents a growing challenge to select and identify the most likely to succeed for our Ready to Rocket lists.” said Geoffrey Hansen, Managing Partner at Rocket Builders. “In recent years, a startup economy has blossomed to give another dimension to the technology sector in B.C. Our Emerging Rocket lists enables us to profile those earlier stage companies that are well positioned for investment.”
Geoffrey Hansen and Reg Nordman, Managing Partners at Rocket Builders
The 2016 Ready to Rocket list for ICT performed extremely well. The median growth rate on that list was 75% growth, with 8 companies exceeding 100% growth. The majority of companies on the list had in excess of 50% growth, and the list as a whole represented the creation of over 532 jobs. Over 45% of companies on the list received new investment in 2016.
The 2017 Ready to Rocket list for ICT features 38 companies and the 2017 Emerging Rocket list for ICT features 26 companies
"2016 was a breakthrough year for ICT in British Columbia with more companies exceeding 50% growth than ever before and at a high revenue base as well (with a $5M median revenue level)" said Reg Nordman, Managing Partner at Rocket Builders. "We have notes that Software as a Service (SAAS) and mobile are the biggest drivers of high growth companies."
2017 Ready to Rocket ICT List
The 2016 Ready to Rocket list for Cleantech performed extremely well. The majority of companies on the list had in excess of 40% growth, and the list as a whole represented the creation of over 100 new jobs (20% headcount growth). The 2017 Ready to Rocket list for Cleantech features 16 companies, while the Emerging Rocket list features 19 companies (click here to see Cleantech list).
According to Dave Thomas, Senior Partner at Rocket Builders, “The Cleantech sector in B.C. has flourished in recent years, and continues to diversify into new areas of innovation such as LED Lighting and Carbon Sequestration.”
The 2016 Ready to Rocket list for Life Science featured many new investments (66% received new investment) and key milestones. There was 47% headcount growth among companies on the list.. The 2017 Ready to Rocket list for Life Science features 10 companies, and the Emerging Rocket list features 9 companies (click here to see Life Science list).
For the first time, there is a Digital Health sector list. The term Digital Health refers to the use of information technology/electronic communication tools, services and processes to deliver health care services or to facilitate better health. A total of 31 companies are showcased. (Click here to see the Digital Health sector list)
For details (and lists for all sectors) 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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