Vancouver, BC, November 16, 2016—Copperleaf is named one of Canada’s fastest growing technology companies in the 19th annual Deloitte Technology Fast 50™ awards for demonstrating bold innovation, dedicated leadership and strong growth. Copperleaf ranked 43rd with a 300 percent revenue growth from 2012 to 2015. The Deloitte Technology Fast 50 program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders.
Copperleaf also ranked number 342 in the broader Deloitte North American Technology Fast 500™, a ranking of the continent’s 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies.
“We are pleased to make the prestigious Deloitte Technology Fast 50 and Fast 500 lists for the first time,” said Judi Hess, CEO of Copperleaf. She credits the innovation, passion and dedication of the entire Copperleaf team with the company’s success. “We have an industry-leading decision analytics solution and a culture that drives us to deliver exceptional value to our clients around the world, and it’s an honor to be recognized as a company that is making a difference in propelling the tech sector forward in Canada and North America.”
“Today, when every organization can be a tech company, the most effective businesses not only foster the courage to explore change, but also encourage creativity in using and applying existing assets in new ways, as resourcefully as possible,” said Anders McKenzie, Technology, Media and Telecommunications Managing Partner for Deloitte in Canada. “This ingenious approach to innovation calls for the encouragement of curiosity and collaboration both within and outside the office walls.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
Overall, 2016 Technology Fast 500 companies achieved revenue growth ranging from 121 percent to 66,661 percent from 2012 to 2015, with an average growth rate of 290 percent.
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
About Deloitte’s 2016 Technology Fast 500™
Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2012 to 2015.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 or USD, and current-year operating revenues of at least $5 million or USD. Additionally, companies must be in business for a minimum of four years, and be headquartered within North America.
Copperleaf provides decision analytics to companies managing critical infrastructure. Our enterprise software solutions leverage operational and financial data to help our clients make investment decisions that deliver the highest business value. In 2016, Canadian Business magazine named Copperleaf one of Canada’s top 20 Fastest-Growing Software Companies. Copperleaf is a member of The Institute of Asset Management (IAM) and actively participates in shaping the future of asset management standards, including ISO 55000. Headquartered in Vancouver, our solutions are distributed and supported by regional staff and partners worldwide. We are committed to building a better world, one decision at a time.
For further information, please contact:
Copperleaf Technologies Inc.
Email: Media Relations
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