WellPoint Systems is proud to announce that it has been ranked 28th fastest growing technology company in Canada among the Deloitte Technology Fast 50™. The ranking is based on the percentage of revenue growth over five years; in the 2004 – 2008 time period, WellPoint realized a 536% percent increase in revenue.
For more than 12 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada’s pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
“Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of a global recession,” said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “WellPoint is an example of the determination, drive and skill that will serve to position them for further growth and success as the economic recovery takes hold.”
WellPoint’s President & CEO, Richard Slack, credits strategic acquisitions, employee dedication and industry expertise with the Company’s solid revenue growth. Slack said, “We are honored to be named as one of Canada’s fastest growing technology companies. This achievement recognizes our employees’ passionate commitment to our customers through the provision of innovative solutions, excellent customer service and unique industry expertise. I would also like to thank our customers – both those who have been with us for many years as well new customers who have recently joined the WellPoint community. We would not be in this position without their belief in the Company’s enterprise solutions.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluates and judges companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
Tags: deloitte fast 50