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If you’re exploring your career options in Canadian tech, you need to check out the winners of this year’s Deloitte Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 awards.
Recognizing the world-class achievements of Canadian technology companies, the Technology Fast 50 program highlights true resilience, commitment to innovation, leadership, and rapid revenue growth between 2016 and 2019. This year, the average three-year growth of the Fast 50 winners is 2,144 per cent, compared to 1,689 per cent in 2019.
At the top of this year’s Fast 50 list, with three-year growth of 19,311 per cent, is Intellijoint Surgical. The Kitchener-based company develops smart tools designed to enhance the accuracy of orthopedic surgery, increase hospital efficiencies, and improve patients’ lives by providing surgeons with effective, easy-to-use technology.
Taking second place is the SaaS-enabled recruitment platform, ApplyBoard, with three-year growth of 12,597 per cent. The Kitchener-based company helps international students study at the best institutions of higher education in the world, by revolutionizing the way they experience the application process and empowering them to access the highest quality education available.
In third place, with three-year growth of 12,483 per cent, is Toronto-based Ada, market leader in Automated Customer Service (ACX). Ada’s AI-powered platform enables businesses around the world to meet the needs of today’s customers with thoughtful personalized interactions proven to enhance long-term value and boost the bottom line.
COVID-19 posing biggest challenge
Deloitte’s annual survey of Technology Fast 50 CEOs found the biggest challenge facing Canadian businesses in 2020 to be the COVID-19 pandemic. This marks the first time in four years that respondents didn’t highlight the labour market as the leading challenge, which is now ranked as the fourth biggest challenge behind new competition and the impact of COVID-19 on the economy.
Women in tech making strides
One area of Canadian business witnessing stark results in 2020 is the rise of women in tech, with almost one third of Fast 50 winners (31 per cent) claiming that more than 41 per cent of their job applicants for all positions are women, a substantial increase of 16-percentage point from 2019. Likewise, 20 per cent of respondents noted that more than 50 per cent of their new hires for all positions are women, up from only seven per cent last year.
The majority of this year’s Fast 50 winners are based in Ontario (29), followed by Quebec (10), British Columbia (6), with the balance from the Atlantic region (3), and the Prairie region (2).
The 2020 Companies-to-Watch category winners are AltaML, Certn, ClearBanc, conversationHEALTH, Dialogue, Drop, InputHealth, Maple, Mysa Thermostat, Neovation Learning, Owl, RIWI, ShipTrack, TickSmith, Vention, and Voltera. These outstanding companies are key to the future success of the technology sector.
The 2020 winners of the Enterprise Fast 15 category are 360Insights, AcuityAds, Aucerna, Canada Drives, district m, Docebo, Doxim, Eddyfi Technologies, Financeit, Geotab, Helcim, Kinova, Paladin Technologies, Sangoma Technologies, and SendtoNews. These winners dominate in their sector and join the ranks of other global leaders across Canada.
A complete list of winners of the Technology Fast 50, Companies-to-Watch, and Enterprise Fast 15 categories is available at www.fast50.ca.