Clarity Recruitment is proud to sponsor Deloitte Canada’s Technology Fast 50, a program that recognizes the fastest-growing Canadian technology companies that are transforming everything. Open to companies large and small, public and private, Fast 50 winners share an ongoing quest to connect today with tomorrow.
Read on to learn more about the program and if your company is Fast 50 material.
Categories and Eligibility
Technology Fast 50™ ranking
This category is a ranking of Canada’s 50 fastest-growing technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation. It’s open to companies that recorded a minimum revenue of $50,000 in 2016 and a minimum revenue of $5 million in 2019.
Enterprise Fast 15
This leadership category recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation. It’s open to companies that recorded a minimum revenue of $10 million in 2016 and a minimum revenue of $25 million in 2019.
North American Technology Fast 500™ ranking
This ranks the 500 technology companies in North America that post the highest revenue-growth percentage over their last four years of operation. Revenues to qualify for Fast 500™ must be US$50,000 in 2016 and US$5 million in 2019.
This category highlights Canadian start-ups that demonstrate the superior technology and management potential expected of Technology Fast 50TM candidates.
For detailed information on categories and eligibility, click here.
Frequently Asked Questions
Who makes the cut?
Companies that make the Technology Fast 50™ list are diverse—large, small, public, private—and come from a variety of industry sub-sectors. They’re leaders in hardware, software, telecommunications, or digital media, as well as new and emerging areas. Technology Fast 50™ companies demonstrate revenue growth, technological innovation, and entrepreneurial spirit.
Why are rankings based on revenue growth vs. profits?
Since companies have different ways of recognizing profits, Deloitte determined that a ranking based on pure revenues makes the most sense. Ranking fast-growth technology companies by revenue growth sets a level playing field for all nominated companies and makes the Technology Fast 50™ program as fair and accurate as possible.
Will my company’s revenue numbers be made public?
The Technology Fast 50™ and North America Technology Fast 500™ programs only publish the revenue growth percentage rates.
How long does it take to submit an application?
With all the right information at hand, the application process should take no longer than 20 minutes.
How do companies benefit from this ranking?
Being ranked in the Technology Fast 50™ communicates your company’s great business results and strong management skills. It also provides a strong endorsement from Canada’s largest professional services firm and the program’s high-profile sponsors.
Visit Deloitte Canada Technology Fast 50 FAQs for a complete list of Frequently Asked Questions or contact your Clarity representative today.
Have more questions?
Applications for the 2020 period are open now until July 31, 2020.