Nov 13 2015
Aquatic Informatics Inc., a global leader in providing innovative software solutions for hydrologic data management and analysis, was named as one of Canada's fastest growing technology companies in the 18th annual Deloitte Technology Fast 50™ awards for demonstrating bold innovation, dedicated leadership, and strong growth. The company was ranked one of the top three fastest growing clean technology award recipients.
"We appreciate this recognition as a Canadian cleantech leader. It's a testament to the dedication, hard work, and innovative nature of our team. In the last four years, we've tripled revenues, fast outpacing the annual growth of our environmental software and services sector, which has grown between 2 and 9 percent annually in the US," said Ed Quilty, President and CEO at Aquatic Informatics. "Water is gaining global attention. Timely insight is required to better manage droughts and floods, and to ensure adequate supply of clean water for our growing world population. Aquatic Informatics is as the forefront of water data management and analytics software solutions."
The Deloitte Technology Fast 50™ program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. Combining technological innovation, entrepreneurship, and rapid growth, Technology Fast 50™ companies -- small, large, public, and private -- span a variety of industry sectors and are leaders in hardware, software, digital media, telecom, and emerging areas such as clean technology.
"Fast 50 companies are innovators that transform great ideas into stunning realities," said Robert Nardi, Technology, Media, and Telecommunications Managing Partner for Deloitte Canada. "Their passion and determination makes them all inspiring success stories. They are vital to the Canadian technology sector."
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 $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.