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Deloitte Announces 2019 winners of its 'Technology Fast 50 Program' - 10 BC Tech companies Make the List
Friday, November 8, 2019
Vancouver, BC, November 8, 2019--(T-Net)--Deloitte announced today the 2019 winners of its Technology Fast 50, Companies-to-Watch and Enterprise Fast 15 programs.
Recognizing the world-class achievements of Canadian technology companies, the Technology Fast 50 program highlights true commitment to innovation, leadership, and rapid revenue growth between 2015 and 2018.
This year, the average three-year growth of the Fast 50 winners is 1,689 per cent.
Ten BC tech companies were among the overall Technology Fast 50 winners this year including:
6. |
Mojio (4,056% three-year growth), Vancouver BC |
|
11. | Left (1,424% three-year growth), Maple Ridge BC |
30. | Bananatag Systems Inc. (530% three-year growth), Kelowna BC | |
31. | Visier (516% three-year growth), Vancouver BC | |
32. | Strawhouse Inc. (512% three-year growth), Kelowna BC | |
33. | Vanrx Pharmasystems (492.9% three-year growth), Burnaby BC | |
34. | Foodee Inc (492.6% three-year growth), Vancouver BC | |
35. | Pressboard (490% three-year growth), Vancouver BC |
46. |
SendtoNews (372% three-year growth), Victoria BC |
|
50. |
Pixieset (295% three-year growth), Vancouver BC |
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The majority of this year's Fast 50 winners were based in Ontario (27), followed by British Columbia (10), Quebec (7), with the balance from the Prairie region (4), National Capital Region (NCR) (1), and Atlantic region (1).
See the full list of current 2019 winners
New this year, was the Enterprise Fast 15 ranking. This new leadership category recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation. It's open to companies that recorded a minimum revenue of $10 million in 2015 and a minimum revenue of $25 million in 2018.
The 2019 Enterprise Fast 15 winners (BC companies highlighted) are:
Ranging from British Columbia to Quebec, these winners dominate in their sector and join the ranks of other global leaders across Canada.
Deloitte's annual survey of Technology Fast 50 CEOs found the labour market to be the biggest challenge for respondents in 2019. A reoccurring theme seen over the last three years, half of respondents ranked the labour market as the number one challenge facing their business this year. Seventy-five per cent of the respondents cited the biggest challenges within the labour market being the availability of talent they need and attracting the right talent.
Marked as the second biggest challenge among this year's Fast 50 CEOs, respondents believe technology advancements pose a significant hurdle to their business. Rather positively, there has been an increase in those that reported using more artificial intelligence and cognitive technologies than they did a couple of years ago. Forty per cent of the Fast 50 companies surveyed believe the primary impact of their use of AI and cognitive technologies is that it allows their business to grow faster and be more flexible.
About Technology Fast 50
The Technology Fast 50™ program celebrates innovation, rapid revenue growth, and entrepreneurial spirit. Awards are presented in categories that define and characterize the unique strengths of the Canadian technology industry. Winners include both public and private companies in a variety of industry sub-sectors, including hardware, software, telecommunications, emerging technology, and digital media.
The program features four components:
2019 Technology Fast 50™ winners (full list)
1 |
ApplyBoard Kitchener ON |
12,526% |
26 |
TouchBistro Toronto ON |
620% |
2 |
Intellijoint Surgical Kitchener ON |
10,247% |
27 |
PathFactory Toronto ON |
587% |
3 |
Auvik Networks Waterloo ON |
7,914% |
28 |
Smile.io (Sweet Tooth) Kitchener ON |
552% |
4 |
Borrowell Toronto ON |
7,680% |
29 |
TrackTik Montreal QC |
544% |
5 |
Ecopia.AI Toronto ON |
6,186% |
30 |
Bananatag Systems Inc. Kelowna BC |
530% |
6 |
Mojio Vancouver BC |
4,056% |
31 |
Visier Vancouver BC |
516% |
7 |
Flexiti Toronto ON |
3,245% |
32 |
Strawhouse Inc. Kelowna BC |
512% |
8 |
AlayaCare Montreal QC |
2,732% |
33 |
Vanrx Pharmasystems Burnaby BC |
492.9% |
9 |
Ample Organics Toronto ON |
2,038% |
34 |
Foodee Inc Vancouver BC |
492.6% |
10 |
Introhive Inc. Fredericton NB |
1,700% |
35 |
Pressboard Vancouver BC |
490% |
11 |
Left Maple Ridge BC |
1,424% |
36 |
GuildOne Calgary AB |
485% |
12 |
Roadmunk Toronto ON |
1,378% |
37 |
Wave Toronto ON |
457% |
13 |
Loopio Toronto ON |
1,330% |
38 |
Landr Audio Inc. Montreal QC |
449% |
14 |
Tulip Toronto ON |
1,210% |
39 |
Vidyard Kitchener ON |
442% |
15 |
Zoocasa Toronto ON |
1,139% |
40 |
Race Roster London ON |
429% |
16 |
VOTI Detection Inc. Saint-Laurent QC |
1,124% |
41 |
Bold Innovation Group Winnipeg MB |
414% |
17 |
Cluep Toronto ON |
985% |
42 |
Flybits Toronto ON |
407.1% |
18 |
Rumble Toronto ON |
955% |
43 |
Fiix Inc. Toronto ON |
406.6% |
19 |
Prodigy Education Burlington ON |
909% |
44 |
diff Montreal QC |
406% |
20 |
Volanté Systems Toronto ON |
868% |
45 |
Uken Games Toronto ON |
377% |
21 |
Stackadapt Toronto ON |
843% |
46 |
SendtoNews Victoria BC |
372% |
22 |
LowestRates.ca Toronto ON |
705% |
47 |
FixMeStick Technologies Inc. Montreal QC |
327% |
23 |
Kira Systems Toronto ON |
693% |
48 |
Assent Compliance Ottawa ON |
326% |
24 |
Agence Dialekta Inc. Montreal QC |
669% |
49 |
Carbon Credit Solutions Inc. Airdrie AB |
322% |
25 |
Jobber Edmonton AB |
625% |
50 |
Pixieset Vancouver BC |
295% |
About the Technology Fast 50™ program
Launched 22 years ago, the Technology Fast 50™ program celebrates the world-class achievements and the tremendous evolution of the Canadian technology sector.
The Technology Fast 50™ awards and rankings are presented in distinct categories that characterize and define the unique strengths of Canadian innovation. Deloitte knows first-hand that these awards are an important opportunity not just to celebrate, but to recognize the passion, integrity and vision that has propelled the Canadian technology sector.
About Deloitte
www.deloitte.ca
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 see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.
Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 50™ companies—small, large, public, private—span a variety of industry sectors and are leaders in hardware, software, telecom, digital media and emerging areas such as clean technology. Technology Fast 50™ companies are making a difference in Canada's technology community.
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