DELOITTE CANADA ANNOUNCES 25TH ANNUAL TECHNOLOGY FAST 50 WINNERS
While the executive winners' survey points to challenging labour and financial markets, results show the industry is committing to board diversity and women in leadership roles
TORONTO, Nov. 16, 2022 /CNW/ - Deloitte Canada is proud to announce the winners of its Technology Fast 50, Enterprise Fast 15, Clean Technology, and Companies-to-Watch awards. The program reaches a milestone this year, celebrating 25 years of recognizing the achievements, innovation, leadership, and growth of Canadian technology companies.
"The 2022 Technology Fast 50 winners are a testament to how the Canadian tech sector is thriving," says Anders McKenzie, partner, and national leader for the Technology Fast 50 program at Deloitte Canada. "Despite unpredictable economic and global climates, tech companies from around the country are seizing new opportunities and meeting rapidly evolving market demands. It is inspiring to witness the accelerated innovations and the many technological advancements that position Canada as a leader on the global stage."
Labour and financial markets top concerns for Technology Fast 50 winners
An emerging concern for this year's award recipients is access to capital. Last year, seventy-eight per cent of respondents felt their ability to access capital was improving. This year, that figure has dropped to forty-seven per cent, which represents a five-year low.
C-Suite progress: More women in leadership roles
2022 winners: Real estate, travel, food waste reduction, and healthtech lead the way
Nobul, a Toronto-based open digital marketplace connecting home buyers and sellers to real estate agents, tops this year's Technology Fast 50 winners with a three-year growth trajectory of 72,944 per cent. Nobul is the first company in the award's history to propel itself from the Companies-to-Watch category to the top of the Technology Fast 50 ranking in just one year.
Hopper, one of the world's fastest-growing mobile-first travel marketplaces, earns the best ranking in the Enterprise Fast 15 category. Headquartered in Montreal, the company offers an app and B2B services which drove to a revenue growth rate of 859 per cent. This award category recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies by revenue growth percentage over the last four years.
Flashfood claims the top spot in the Clean Technology category, an award established last year to recognize Canada's top clean innovators providing processes, goods, or services that reduce environmental impacts. Located in Toronto, Flashfood has diverted more than 40 million pounds of food, saved shoppers an excess of $100 million, and fed hundreds of thousands of families. With a three-year revenue growth of 11,869 per cent, the company joins Nobul among the select few to have leapfrogged from the Companies-to-Watch list to the top of another Technology Fast 50 award the following year.
In the Companies-to-Watch category, Vancouver's Thrive Health has the highest revenue growth at 4,221 per cent. The organization provides technology that enables enhanced access to patient data and equips healthcare providers with tools to design custom care workflows according to individual patient needs. Through its interactive patient engagement platform, Thrive Health is putting patients at the centre of their care, by facilitating more data-driven clinical decisions.
25 years of Canadian technology innovation and growth
80 Canadian companies earn Technology Fast 500 ranking
TECHNOLOGY FAST 50 RANKING
Our global Purpose is making an impact that matters. At Deloitte Canada, that translates into building a better future by accelerating and expanding access to knowledge. We believe we can achieve this Purpose by living our shared values to lead the way, serve with integrity, take care of each other, foster inclusion, and collaborate for measurable impact.
SOURCE Deloitte & Touche
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