Traction on Demand named to Deloitte’s 2015 Technology Fast 50 TM & Technology Fast 500TM lists as the 11th and 89th fastest growing technology company in Canada and North America respectively
BURNABY BC: November 13th, 2015 – Traction on Demand has been ranked as the 11th fastest growing technology company in Canada and 89th in North America in Deloitte’s 2015 Technology Fast 50 & 500 lists, reporting revenue growth of 1,003% over the last four years. Among other criteria, the lists recognize technology companies who have the highest percentage of revenue growth over the past four years, who have invested heavily in research and development and who own proprietary technology.
Traction’s Founder and CEO Greg Malpass believes Traction’s spot on the Fast 50 & 500 lists are due largely to its investment in SaaS application development. “As Traction grew and took on increasingly complex projects with larger organizations across North America, it became a necessity for us to build repeatable frameworks that solved common challenges. This often resulted in our team revisiting reusable components and developing them into standalone products. It also provided us the opportunity to learn from and take part in government-funded research and development subsidy programs, such as SR&ED. We’re grateful to the BC and Federal governments for their support of Traction product development initiatives.”
Operating primarily as a consulting firm with deep expertise and over 2000 services engagements on the Salesforce platform, Traction began developing proprietary technology in 2006 as a means of delivering more efficient implementation projects through re-usable IP. With added research and development, those re-usable components began to be developed as fully independent applications, several of which are now sold on the Salesforce AppExchange and Apple App Store.
The magnitude of being a part of the lists is not lost on Malpass and his team. “We’re humbled to be included in the Fast 50 & 500 rankings and honored to be considered among so many innovative technology thought leaders. Thank you to Traction’s customers, employees and partners who have been instrumental in helping us achieve this accomplishment.”
About Traction on Demand
Traction is Canada’s largest dedicated and most trusted Salesforce.com implementation partner with more than 2000 projects on the platform. Traction develops innovative cloud-based technology solutions and applications for North America’s largest and most influential brands as well as hundreds of small and medium-sized businesses. Maintaining a socially conscious mindset, Traction is one of the country’s first 100 certified B Corporations and has been named one of the top ten best workplaces in Canada for two years running (2014 & 2015). In 2015, Traction ranked 21st on the PROFIT 500 list of fastest growing companies in Canada. Traction’s standalone applications include Traction Hierarchies, Traction Complete and Traction Guest.
About the Deloitte Technology Fast 50
Canada’s pre-eminent technology awards program, the Deloitte Technology Fast 50™ celebrates leadership, innovation and excellence in the technology sector. Launched 18 years ago, the Technology Fast 50™ program recognizes the world-class achievements and the tremendous evolution of the Canadian technology sector. The awards and rankings are presented in distinct categories that characterize and define the unique strengths of Canadian innovation. Combining technological innovation, entrepreneurship and rapid growth, Technology Fast 50™ companies – small, large, public, private – span a variety of industry sectors and are leaders in hardware, software, digital media, telecom and emerging areas such as clean technology.
About the Deloitte North American Technology Fast 500™
The Deloitte Technology Fast 500™ is an annual ranking of the 500 fastest-growing technology, media, and telecommunications companies in the United States and Canada. The Technology Fast 500 is based on percentage of revenue growth over four years.
Manager, Marketing & Alliances
Traction on Demand
O: (604) 620.6040 ext. 3055