Deloitte’s Fast 500

Deloitte published its 2009 Fast 500 listing. This list is a ranking of the 500 fastest-growing technology companies in the United States and Canada.

The Canuck 50

It’s encouraging to see many more Canadian technology companies included in the North American Fast 500TM ranking compared to some of the U.S.’s most prominent technology hubs. This is a testament not only to Canadian technology leadership, but also to the world-class talent and entrepreneurial spirit that continues to fuel the industry despite its current venture capital crisis…

John Ruffolo, Deloitte Canada

It’s refreshing to see that at least 50 of our companies actually managed to make it to the list. Most rankings such as these usually forget about anything north of the 49th. With five year growth rates exceeding 537 % (for the median) it is difficult for many companies to either get on the list and most importantly stay on the list for any period of time. We’ve commented before about the growth of our technology sector and still have reservations about the ability of the industry to recover in the long run.

The software industry was well represented with about 38% of the listings and the Telecom/Networking garnering about 16% of its brethren on the list. While past trends are not a predictor of the future you can rest assured that there will be pressure on most of these companies to continue their stellar growth. One more thing for the CEO to fret about…

2009 Fast 500 Top 5 Canadian Companies

Rank Name 5 YR % Growth Information
12 ProSep 18070% publicly-traded Montreal, Quebec-based oil and gas process equipment company.
38 Impact Mobile 5508% privately-held Toronto, Ontario-based mobile marketing solutions company.
44 Vision Critical 4626% privately-held Vancouver, British Columbia-based software company that develops interactive research.
45 Creaform 4338% privately-held Levis, Quebec-based 3D imaging software company.
48 Allegro Mobile Solutions 4157% privately-held Mississauga, Ontario-based enterprise mobility solutions company.

Here is the full Canadian Listing or listen to their podcast.

Send this article to:
  • Digg
  • Facebook
  • Tumblr
  • Google
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!

Leave a comment