Published on September 14, 2017
Toronto, ON – September 14, 2017 - Canadian Business and PROFIT today ranked Geotab No. 212 on the 29th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Geotab made the 2017 PROFIT 500 list with five-year revenue growth of 302%.
“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”
“Geotab is honoured to be on the PROFIT 500 ranking,” says Neil Cawse, CEO, Geotab. “This achievement reflects the strength of our technology, our commitment to innovation and the continued dedication of our team.”
Geotab’s smart transportation solutions help businesses of all sizes, including many Fortune 500 companies, improve driver and vehicle productivity, safety, fuel consumption, and regulatory compliance. Today, Geotab leads the industry in processing nearly 2 billion data points daily. Geotab’s solutions are currently used in more than 750,000 vehicles worldwide with approximately 20,000 new users added each month.
For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian companies on five-year revenue growth. For more information on the ranking visit PROFIT500.com or CanadianBusiness.com.
Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.
Geotab is advancing security, connecting commercial vehicles to the internet and providing web-based analytics to help customers better manage their fleets. Geotab’s open platform and Marketplace, offering hundreds of third-party solution options, allows both small and large businesses to automate operations by integrating vehicle data with their other data assets. As an IoT hub, the in-vehicle device provides additional functionality through IOX Add-Ons. Processing billions of data points a day, Geotab leverages data analytics and machine learning to help customers improve productivity, optimize fleets through the reduction of fuel consumption, enhance driver safety, and achieve strong compliance to regulatory changes. Geotab’s products are represented and sold worldwide through Authorized Geotab Resellers. To learn more, please visit follow us @GEOTAB and on LinkedIn.