05 Jun 2020 Deloitte- 23 years of recognizing Canada’s leading technology companies
2020 applications now open!
UPDATE ON COVID-19
We want to assure you that the health and safety of our applicants and our people is our top priority and we are monitoring the situation closely. In light of the ongoing public health concerns surrounding COVID-19, and in response to the directive by the Canadian Government we have redesigned key elements of our Fast50 program. We are proceeding with the digital application portion as planned, but suspending all in-person events and interviews (interviews will be held over the phone) at the moment. We will keep the Fast 50 community apprised, and adjust our program as the national health guidance is updated.
Do you have what it takes?
Deloitte’s Technology, Media and Telecommunication’s team is proud to launch the 2020 Technology Fast 50 program. The awards are presented in distinct categories that characterize and define the unique strengths of Canadian innovation.
The Technology Fast 50 program celebrates the achievements of Canadian technology companies,putting them on the global map. Past winners include both public and private companies such as BlackBerry, Hootsuite, Shopify, Index Exchange and Touch Bistro.
Topping last year’s charts in the Enterprise Fast 15 category was Index Exchange, Paladin, District M, Aucerna and Broadband Tv. These companies successfully had revenues of over $25 million in 2018 dominating the industry sectors and joining the ranks of other global leaders across Canada. (See the full list here)
At the top of the Fast 50 category was ApplyBoard, a SaaS-enabled recruitment platform designed to help international students study at the best institutions of higher education in the world. With a three-year growth of 12,525 per cent, the Kitchener-based company is revolutionizing the way students experience the application process by empowering them to access the best education available. To see the full list of 2019 winners, click here.
This leadership category recognizes enterprise-level fastest-growing technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation. The category is open to companies with a minimum revenue of $10 million in 2016 and a minimum revenue of $25 million in 2019.
Technology Fast 50™
This category is a ranking of Canada’s 50 fastest-growing technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation.
North American Technology Fast 500™
This ranks the 500 technology companies in the United States and Canada that post the highest revenue-growth percentage over their last four years of operation.
This category highlights Canadian technology companies with the potential to be future Technology Fast 50™ candidates.
Is your company a Fast 50™ contender?
Technology Fast 50™ applicants must be:
- In business for at least four years (on or prior to December 31, 2016)
- Headquartered in Canada or Canadian-controlled, with both management and research and development (R&D) teams also located in Canada
- Investing a minimum of five percent of gross revenues in R&D
- Generating a significant proportion of operating revenue via proprietary technology and/or intellectual property
- Able to prove minimum revenues of $50,000 in 2016 and $5 million in 2019.
- Participating in one of the following sub-sectors:
- Energy tech
- Digital content/media/entertainment
- Electronic devices/hardware
- Medical devices
- On-premise Software & SaaS
- Software sub-sectors:
- Artificial Intelligence
- Cloud services
- Consumer software
- Data analytics
- Digital platforms
- Enterprise software
- Enterprise infrastructure & productivity
- Internet of Things
- Social networking
To be eligible in the Enterprise 15 category, applicants must meet the same criteria as the Technology Fast 50™ nominees except they must have a minimum revenue of $10 million in 2016 and a minimum revenue of $25 million in 2019.
To be eligible in the North American Fast 500 category, applicants must meet the same criteria as for Technology Fast 50™ nominees except that the revenue is measured in USD and not CAD. Revenues to qualify for Fast 500™ must be US$50,000 in 2016 and US$5 million in 2019.”
To be eligible in the Companies-to-Watch category, applicants must meet the same criteria as for Technology Fast 50™ nominees except for the revenue requirement.
Are you at the forefront of innovation? To find out, apply today
Read full article here.