Geotab recognized as one of Canada’s Top Growing Companies for fourth year in a row
Published on September 23, 2022
Globe and Mail Report on Business ranks innovative Canadian companies on three-year revenue growth
Toronto, Ontario (September 23, 2022) - Geotab Inc. (“Geotab”), a global leader in IoT and connected transportation, today announced that it has been included on the 2022 Report on Business ranking of Canada’s Top Growing Companies for the fourth year in a row. Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Geotab’s growth is 79%.
Since Geotab’s inception 22 years ago, the company has grown from a handful of family members working from their basement to a global organization operating in over 150 countries with more than 2100 employees. Geotab recently surpassed 3 million connected vehicles, processing over 55 billion data points per day supporting 41,000 customers including many Fortune 500 companies. With one of the largest data science teams in the industry, Geotab's extensive, high-quality data is leveraged by its customers to optimize operations, improve safety, reach sustainability goals, and meet compliance requirements. The company also enables local governments to deliver efficient services to their citizens and supports intelligent cities initiatives.
“I am so happy that Geotab has been recognized as one of Canada’s Top Growing Companies, by The Globe and Mail. This could not have been accomplished without the innovation and dedication of our employees, and the trust our customers and partners place in us every day. As the company grows, so does our impact. Together we are leveraging the power of data to build stronger businesses and a better world,” said Neil Cawse, CEO and founder of Geotab.
Challenges in the transportation sector including a rapidly changing regulatory landscape, the rising cost of fuel, increased supply chain demands, and pressure to drive sustainable and profitable growth, highlight the growing need for telematics insights which is contributing to significant growth in the sector. Geotab has been named the number one commercial telematics provider worldwide by ABI Research (2022) for its commitment to innovative excellence, and capability in delivering actionable data and solutions that address critical industry challenges.
Canada’s Top Growing Companies is an editorial ranking that was launched in 2019. It aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. In order to qualify for this voluntary program, companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.
The full list of 2022 winners along with editorial coverage is published in the October issue of Report on Business magazine. The list is out now and online here.
About The Globe and Mail
The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 6.4 million readers every week in print or digital formats, and Report on Business magazine reaches 2 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.
Manager, Strategic Communications & Public Affairs
Geotab is a global leader in connected transportation solutions. We provide telematics — vehicle and asset tracking — solutions to over 50,000 customers in 160 countries. For more than 20 years, we have invested in ground-breaking data research and innovation to enable partners and customers, including Fortune 500 and public sector organizations, to transform their fleets and operations. With over 4 million subscriptions and processing more than 75 billion data points a day, we help customers make better decisions, increase productivity, have safer fleets, and achieve their sustainability goals. Geotab’s open platform and Marketplace, offers hundreds of third-party solution options. Backed by a team of industry leading data scientists and AI experts, Geotab is unlocking the power of data to understand real-time and predictive analytics — solving for today’s challenges and tomorrow’s world. To learn more, visit www.geotab.com, follow @GEOTAB on X and LinkedIn or visit the Geotab Blog.
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