For the third year, Vidyard, the video platform for business, has been recognized by Deloitte as a recipient of Canada´s Technology Fast 50™ for its rapid revenue growth, entrepreneurial spirit and continuous innovation, the company said.
The program recognizes Canada´s 50 fastest-growing technology companies with the highest revenue-growth percentage over the past four years.
Vidyard has ranked 39th with a growth rate of 442% in revenue growth from 2015 to 2018 and holds its position amongst the top B2B SaaS companies on the 2019 Fast 50™ list.
The Deloitte Technology Fast 50™ program winners consist of public and private companies in the technology sector, which have transformed the industry. Now in its 22nd year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking.
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 USD 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.
The Deloitte Technology Fast 50™ program is Canada´s preeminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50™ Ranking, Enterprise Fast 15 category (recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation), and companies-to- Watch Awards (early stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate).
Vidyard is the video platform for business that helps organizations drive more revenue through the use of online video. Going beyond video hosting and management, Vidyard helps businesses drive greater engagement in their video content, track the viewing activities of each individual viewer, and turn those views into action. Global leaders such as Honeywell, LinkedIn, Citibank and Sharp rely on Vidyard to power their video content strategies and turn viewers into customers.