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Teradici Recognized as One of Canada’s Fastest Growing Tech Companies

Teradici, the developer of industry-leading PCoIP technology for virtual workspaces, has been listed #12 on the Deloitte Technology Fast 50, with year-on-year revenue growth over five years, making it one of Canada’s fastest growing technology companies.

“Desktop virtualization has reached a critical watershed,” says Teradici’s CEO, Dan Cordingley. “It’s an honor to be recognized as one of Canada’s fastest growing companies and a tremendous tribute to our employees and partner ecosystem. Their dedication to creating a phenomenal computing experience for millions of end users has paved the path for broad adoption of Teradici’s PCoIP technology in today’s virtual workspaces.”

Teradici’s business success can be attributed to a thriving ecosystem, expanding partnerships and continued momentum in the virtual desktop category. The company continues to actively pursue partnerships to develop, integrate and distribute new virtual workspace solutions and services built with Teradici’s cloud-optimized PCoIP technology. For example, earlier today Amazon Web Services (AWS) announced that Teradici PCoIP is now available as part of its Amazon Workspaces desktop-as-a-service offering, unveiled at the re:Invent developer conference in Las Vegas. 

Teradici serves approximately 350 companies in Canada and several thousand worldwide in a diverse set of industries, including the “who’s who” in banking, education, government, healthcare, industrial, and media and entertainment. The company currently employs more than 200 people in its Burnaby office and works with more than 100 ecosystem partners globally to deliver a secure, high-quality virtual desktop computing experience across any standard IP network.

“Canadian Fast 50 companies innovate, demonstrate leadership, create jobs, and invest in R&D,” says Deloitte’s National Managing Partner, Technology, Media & Telecommunications, Richard Lee. “They are remarkable companies that show dedication, drive and commitment that are key to growth in the Canadian technology sector.”

Now in its 16th year, the Deloitte Technology Fast 50 program recognizes leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown global leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative, with winners automatically eligible for this elite ranking.

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 evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

Published Thursday, November 14, 2013 7:15 AM by David Marshall
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