Ranks in Deloitte’s Technology Fast 50™ for Second Consecutive Year, Makes Fast 500™ for First Time
Toronto, Ontario — (November 13, 2015) — ScribbleLive was named one of Canada’s fastest growing technology companies in the Deloitte Technology Fast 50™ and Fast 500™ awards for demonstrating technological innovation, entrepreneurship, rapid growth and leadership. Scribble ranked 13th in the Fast 50™ and 117th in the Fast 500™ with a 759 percent increase in five year revenue growth between 2010 and 2014.
The Deloitte Technology Fast 50™ and Fast 500™ recognize successful and innovative leaders within Canada’s expanding technological industry. According to Deloitte, 62% of Fast 50™ winners are software companies.
ScribbleLive’s chief executive officer, Vincent Mifsud, acknowledged ScribbleLive’s continued success is part of a long-term commitment to disrupt traditional approaches to marketing on a global scale.
“Our team is proud to be recognized for our performance in the technology industry, specifically within the software sector that is flourishing across Canada and abroad,” said Mifsud. “These awards demonstrate that the hard work, determination, integrity and vision of our team is impacting the transformation of marketing on an international level. The innovative solutions developed by ScribbleLive are redefining the technological landscape and propelling our company to the forefront of the SaaS industry.”
To qualify for the Deloitte Technology awards, companies must be in business for at least five years, have gross revenues exceeding $5 million, own proprietary technology, and be headquartered in North America (Fast 50™ is only for Canadian companies). A panel of industry experts evaluate qualifying companies based on four key criteria; competitive advantage size, growth, market attractiveness, management effectiveness and organization, and financial performance.
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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 four distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50TM candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.
About Deloitte’s 2015 Technology Fast 500™
Deloitte’s Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies – both public and private – in North America. Technology Fast 500™ award winners are selected based on percentage fiscal year revenue growth from 2011 to 2014.
In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America. For further information, visit www.fast500.com.
ScribbleLive is not just a marketing software company. We are committed to transforming the effectiveness of marketing through innovation. Our team believes that most approaches to marketing deliver poor outcomes. Our goal is to help our customers solve this problem by providing technologies that enable unique approaches to marketing through the use of data science and content to deliver superior business outcomes with far fewer marketing resources. For more information, visit www.scribblelive.com.
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