Toronto, Ontario – November 12, 2015 – iotum Inc is 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 . iotum Inc ranked 5th with a 2,327% percent in revenue growth from 2011 to 2014, making it the highest ranking Fast50 company in Ontario.
The Deloitte Technology Fast 50™ program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
“It’s an esteemed list of fast growing companies,” Jason Martin, CEO of iotum said. “Being on the Fast50 is amazing and we’re especially excited to be the fastest growing tech company in Ontario. We’re an older company that is experiencing start-up style hyper-growth. Newer firms tend to get more press; it’s nice we’re being recognized for our work making group calling fun, affordable and easier.”
“Fast50 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.
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 three distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50™ candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
About iotum - A leader in teleconferencing and group communications, iotum builds cutting-edge products to enhance remote collaboration for organizations of any size. Each of iotum’s offerings is an affordable, reliable and feature-rich alternative to conferencing services that are either inexpensive and featureless or feature-rich but overpriced. The company’s flagship product, www.FreeConference.com serves over a billion minutes a year of all–digital conference calls.
With offices in Toronto and Los Angeles, iotum is led by a leadership team with roots and experience in the technology industry. For more information about the company, its team, solutions and services, please visit www.iotum.com.