Vidyard attributes 442% income progress to deal with innovation, sturdy management and fast income progress.
KITCHENER, November 7, 2019 — For the third yr, Vidyard, the main video platform for enterprise, has been acknowledged as a recipient of Canada’s Technology Fast 50™ for its fast income progress, entrepreneurial spirit and steady innovation. The program acknowledges Canada’s 50 fastest-growing know-how corporations with the very best revenue-growth share over the previous 4 years.
Vidyard has ranked 39th with a progress price of 442% in income progress from 2015 to 2018 and holds its place amongst the highest B2B SaaS corporations on the 2019 Fast 50™ checklist.
The Deloitte Technology Fast 50™ program winners include private and non-private corporations within the know-how sector, which have reworked the business. Now in its 22nd yr, this system runs alongside the broader Deloitte North American Technology Fast 500™, with winners mechanically eligible for this elite rating.
“In today’s increasingly digital world, we’ve seen incredible growth in our business as more and more organizations turn to video to connect and communicate with their customers. From marketing to sales and internal communications–video is helping businesses of all sizes humanize and personalize every customer experience,” stated Vidyard’s CEO and co-founder, Michael Litt. “We’ve seen rapid adoption of our technology across both small businesses and large enterprises, and are thrilled to be recognized on this year’s Deloitte’s 2019 Fast 50™ list.”
“In an era of rapid and constant change, Fast 50™ companies should be incredibly proud of the impact they are making across all industries, as they foster the economic prosperity and success of our country,” stated Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, and I can’t wait to see where they take us moving forward.”
To qualify for the Deloitte Technology Fast 50™ rating, corporations should have been in enterprise for not less than 4 years, have revenues of not less than $5 million, be headquartered in Canada, personal proprietary know-how, conduct analysis and growth actions in Canada and make investments a minimal of 5 p.c of gross revenues in R&D.
Sandy Pell, Head of Corporate Communications, Vidyard
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s preeminent know-how awards program. Celebrating enterprise progress, innovation and entrepreneurship, this system options three distinct classes together with the Technology Fast 50 Ranking, Enterprise Fast 15 class (acknowledges fastest-growing enterprise-level know-how, media, and telecommunications corporations by revenue-growth share over their final 4 years of operation), and Companies-to- Watch Awards (early-stage Canadian tech corporations with the potential to be a future Deloitte Technology Fast 50 candidate). Program sponsors embrace Deloitte, Bank of Montreal, CBRE, First West Capital, Miller Thomson, OMERS Ventures, 3C and Lafond. For additional info, go to www.quick50.ca.
About Deloitte’s 2019 Technology Fast 500™
Now in its 25th yr, Deloitte’s Technology Fast 500 offers a rating of the fastest-growing know-how, media, telecommunications, life sciences, and power tech corporations—each private and non-private—in North America. Technology Fast 500 award winners are chosen primarily based on share fiscal yr income progress from 2015 to 2018. In order to be eligible for Technology Fast 500 recognition, corporations should personal proprietary mental property or know-how that’s bought to prospects in merchandise that contribute to a majority of the corporate’s working revenues. Companies should have base-year working revenues of not less than USD 50,000, and current-year working revenues of not less than USD 5 million. Additionally, corporations should be in enterprise for no less than 4 years and be headquartered inside North America.
Vidyard is the video platform for enterprise that helps organizations drive extra income via using on-line video. Going past video internet hosting and administration, Vidyard helps companies drive larger engagement of their video content material, observe the viewing actions of every particular person viewer, and switch these views into motion. Global leaders such as Honeywell, LinkedIn, Citibank and Sharp depend on Vidyard to energy their video content material methods and switch viewers into prospects.