Meet the latest winners of the Technology Fast 50 program, falling within the categories of Fast 50, Clean technology, Enterprise Fast 15, and Companies-to-Watch. Recognizing the world-class achievements of Canadian technology companies, the Technology Fast 50 program highlights their commitment to innovation, leadership, and rapid revenue growth between 2017 and 2020. This year, the average three-year growth of the Fast 50 winners is 2604%.
“As we rise above another year of uncertainty, we are exceptionally proud to announce this year’s Fast 50 program winners. These innovative trailblazers have demonstrated resilience, true commitment to innovation, adaptability, and business leadership as we cope with an ever-changing new normal.” said Anders McKenzie, partner and national leader for the Technology Fast 50 program. “Their bold vision for the future, competitive drive and passion for pushing the boundaries set the pace to catapult Canadian innovation forward.”
Technology Fast 50
Topping the charts of the Fast 50 category with a three-year growth of 33,614% is Snapcommerce (Toronto, ON), a message-driven commerce platform that uses AI to connect price-conscious consumers to the best promotions on mobile.
Enterprise Fast 15
The Enterprise Fast 15 ranking recognizes the fastest-growing enterprise-level technology, media, and telecommunications companies that recorded a minimum revenue of $25 million in 2020. Valsoft, a Montreal based company that acquires and grows vertical software businesses that provide mission-critical solutions in their respective niche or market to provide great software and related technology services to an ever-expanding consumer base. , ranked #1 with growth of 757%
New to the 2021 program, the Clean Technology category is a ranking of Canada’s top clean innovators providing processes, goods or services that reduces environmental impacts. With reduction of our carbon footprint and environmental impact of paramount importance, this new category awards innovators spearheading the clean technology movement, creating the sustainable business and technology landscape of the future. Coming out on top is Pela. See who made the new list here.
Companies to watch
This year the companies to watch category awarded 15 new winners. Companies coast to coast that are making an impact in the tech industry and growing for future success. From dataware to smart thermostats the list is an outstanding example of Canadian innovation in start-ups looking to scale.
Annual survey highlights from Fast 50 Executive Leadership
Deloitte’s annual survey of Technology Fast 50 Executive Leaders found the labour market is once again the top ranked challenge facing Canadian businesses in 2021, replacing last year’s number one hurdle—the COVID-19 pandemic. While COVID-19 ranks as the third most pressing challenge this year, slightly outranked by technology advancements, 56 per cent of respondents say the labour market is their number one challenge, continuing the trend seen pre-pandemic.
Other findings include:
64 per cent of respondents rate the government’s support for their company during the pandemic as good or very good.
As Canadian businesses continue to adapt to the ongoing pandemic and discover their “next normal”, 83 per cent of this year’s Fast 50 winners expect the majority of their employees to continue working from home for the foreseeable future, either full time or on any given day.
33 per cent of the winners believe they’ll be reducing their office space in some capacity or eliminating their office entirely.
Summit and Celebration | Amplify
Join us for our virtual summit and celebration on November 24 and 25 as we explore various topics focusing on the dynamic Canadian tech industry while celebrating Canada’s top technology leaders.
The summit features Kara Swisher, Sway and Pivot podcaster, NYT opinion writer and executive producer of the Code Conference, as our morning keynote, two panel discussions and a closing keynote by Jodi Kovitz, Founder, #movethedial.
The celebration will have us honor and recognize the achievements of our Fast 50 program winners with our host Sinead Bovell, Futurist and AI & Future of Work Expert.
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