Deloitte has announced the 2019 winners of its Technology Fast 50, Companies-to-Watch and Enterprise Fast 15 programs.
Recognizing the achievements of Canadian technology companies, the Technology Fast 50 program highlights 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.
While the majority of this year’s Fast 50 winners are based in Ontario, B.C. was the second most successful region with 10 companies acknowledged. Eight of those companies had a Vancouver presence.
#6 – Mojio – 4,056%
#11 – Left – 1,424%
#30 – Bananatag – 530%
#31 – Visier – 516%
#33 – Vanrx Pharmasystems – 492.9%
#34 – Foodee – 492.6%
#35 – Pressboard – 490%
#50 – Pixieset – 295%
In addition, two Vancouver companies were identified as “Companies-to-Watch” – Jane App and Traction Guest.
Deloitte has added a new list to the mix this year, 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.
Open to companies with a minimum revenue of $10 million in 2015 and a minimum revenue of $25 million in 2018, the 2019 winners from Vancouver are BroadbandTV, Buyatab, and Canada Drives.
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.