What happened: B.C. tech firms accounted for 20% of the spots on high-profile industry rankings
Why it matters: B.C. representation outperformed all but one other province
The West Coast tech scene looks to be punching above its weight in the latest rankings from the Deloitte Technology Fast 50 list.
B.C. firms nabbed 10 out of the 50 spots on the annual list tracking revenue growth over three years.
Only Ontario managed to get more representation with 27 companies from that province making the list.
The highest-ranking company to represent B.C., Vancouver-founded Mojio, had 4,056% revenue growth from 2015-18 as it’s been partnering with global telecom companies to help connect cars to the internet.
“We’ve grown from a startup into a global leader by investing in our people and delivering innovative connected mobility solutions that scale,” CEO Kenny Hawk said in a statement.
“With strategic investment from industry leaders including Amazon, Bosch, Deutsche Telekom, Telus and T-Mobile, we are primed to further accelerate our growth in 2020 and beyond.”
The remaining B.C. companies on the Fast 50 list were:
11) Left, Maple Ridge, 1,424.36%
30) Bananatag Systems Inc., Kelowna, 529.86% growth
31) Visier, Vancouver, 515.61% growth
32) Strawhouse Inc., Kelowna, 512.19% growth
33) Vanrx Pharmasystems, Burnaby, 492.98% growth
34) Foodee Inc., Vancouver, 492.64% growth
35) Pressboard, Vancouver, 489.61% growth
46) SendtoNews, Victoria, 372.37% growth
50) Pixieset, Vancouver, 295.22% growth
Deloitte also featured four B.C. companies in its 2019 Enterprise Fast 15 category, covering enterprise-level firms:
2) Paladin Technologies, Burnaby, 506% growth
5) Broadband TV, Vancouver, 429% growth
7) Buyatab Online Inc., Vancouver, 389% growth
9) Canada Drives Ltd., Vancouver, 316% growth
Meanwhile, Victoria-based Checkfront, Vancouver’s Jane App and Burnaby’s Traction Guest were named as companies to watch — ones with potential to land on the Fast 50 list in a future year.
“We’re trying to build a company of substance and it’s really nice to be recognized by an organization like Deloitte because I think they’re trying to recognize companies of substance as well,” Traction Guest CEO Keith Metcalfe told Business in Vancouver.