Deloitte has opened applications for its 2020 Technology Fast 50 program, which recognizes the fastest-growing IT companies in the country based on four years of revenue data.
Now in its 23rd year, the Fast 50 is a benchmark for success in high-growth tech companies. Though Atlantic Canadian companies have frequently failed to make the list of the 50 fastest-growing tech companies in the country, the region had its best showing ever in 2019 when Fredericton- and Washington, DC-based Introhive placed 10th.
Co-Founders Jody Glidden and Stewart Walchli launched Introhive in 2012 to help corporate sales teams increase their connections by understanding who their colleagues knew. From there, Introhive became a company that helps sales teams use customer relationship management tools more effectively.
Last year, they decided to enter the Fast 50 competition, and the company’s revenue growth of 1,700 percent over four years was exceeded by only nine other IT companies in the country.
Also last year, Fredericton-based augmented reality company Kognitiv Spark was named to the Companies-to-Watch list.
In an email on Thursday, Deloitte Market Development Director for Technology, Media and Telecommunications Daryl Johnston said the program can help winning companies stand out from competitors and attract potential employees and clients.
“All Fast 50 applicants automatically become part of our Fast 50 Community, which affords companies with a number of benefits such as invites to valuable learning and networking events, COVID-19 virtual events, webinars and insights, a Summit and Gala (when we can once again congregate to celebrate),” he said.
Applications for the program are available here until July 31 in the following categories:
- Enterprise Fast 15, for companies with a minimum revenue of $10 million in 2016 and $25 million in 2019;
- Technology Fast 50, for companies over four years old with a minimum of $5 million in revenue,
- And Companies-to-Watch, for companies with less than $5 million in revenue, or those with more than $5 million in revenue but still under four years old.
The program this year will feature virtual events due to the COVID-19 crisis, until it is declared safe to have in-person meetings.
