Sortable announced as one of Deloitte’s Technology Fast 50 companies
Kitchener, November 15, 2018 — Sortable is presented the Deloitte Technology Fast 50TM program award for its rapid revenue growth, entrepreneurial spirit and bold innovation. The program and annual award distinguishes 50 Canadian technology companies with the highest revenue-growth percentage over the past four years. Sortable ranks 45 with a 483 percent in revenue growth from 2014 to 2017.
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 21st year, the program runs alongside the broader Deloitte North American Technology Fast 500 TM, with winners automatically eligible for this elite ranking.
Sortable's CEO Chris Reid credits the trend towards increased transparency within the digital advertising space and Sortable's ability to deliver efficient access for advertisers and generate deep insights through its industry-leading technology platform and big data as key contributors to the company's fast growth. Reid said "Our continuing goal is to shape our industry through technology, transparency, and partnerships to help web publishers do what they do best — create great content."
“Business is changing rapidly, and what used to work a few years ago isn’t a recipe for what will work in the future,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50 TM program at Deloitte Canada. “Fast 50 winners are a beacon of innovation and I’m looking forward to how they will change the business and technology landscape in the future.”
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 50TM- 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 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, 3C Innovation, BCF Business Law, Bank of Montreal, Bennett Jones, CBRE, First West Capital and OMERS Ventures . For further information, visit www.fast50.ca.
About the Deloitte Technology Fast 500TM- 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 2014 to 2017.
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, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Sortable - Sortable helps online publishers generate greater revenue from their online ads. Using machine learning, we make real-time decisions about which ad networks should fill each ad impression. Our ad optimization technology analyzes billions of impressions each month to learn how to improve advertising performance for our partners. We also mediate the relationships between publishers and top brands, and between ad networks and other advertising partners, helping all parties save time and effort in the process.
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