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Visier Named One of Deloitte’s Technology Fast 50™ Companies
Vancouver, BC |
Attributes 989 percent revenue growth to rising market demand for the company’s cutting edge predictive and actionable business analytics
Visier, developer of Visier Workforce Intelligence, the leading people strategy platform, was recognized for rapid revenue growth, bold innovation and its entrepreneurial spirit with a Deloitte Technology Fast 50 program award. The Fast 50 program honours 50 Canadian technology companies with the highest revenue-growth percentage over the past four years. Visier ranked 22 with a 989 percent in revenue growth from 2013 to 2016. Visier was also ranked in the top third of the list of Fastest Growing Company in North America on Deloitte’s 2017 Technology Fast 500™.
The Deloitte Technology Fast 50 program winners are made up of public and private companies in the technology sector that share common traits and strengths and have transformed the industry. Celebrating its 20th anniversary this year, the program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
Visier’s CEO and Founder John Schwarz credits the combination of market demand for predictable, actionable business analytics and Visier’s profound domain expertise with cutting-edge technology for the company’s revenue growth. Schwarz says, “2017 has been a breakthrough year for Visier — having raised a $45 million in Series D financing in March and significantly grown our base of Global 2000 customers. We are proud to be building a global business from our strong engineering roots in Canada.”
“New technologies have disrupted various industries in ways that were unimaginable a few years ago,” says Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners have led the way and I can’t wait to see where they take us next.”
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.
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 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, CBRE, OMERS Ventures and Wellington Financial. For further information, visit www.fast50.ca.