Toronto, ON - September 17, 2018 - Canadian Business and Maclean’s today ranked Geotab No. 237 on the 30th annual Growth 500, the definitive ranking of Canada’s Fastest-Growing Companies. Produced by Canada’s premier business and current affairs media brands, the Growth 500 ranks Canadian businesses on five-year revenue growth. Growth 500 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com and Growth500.ca.
Geotab made the 2018 Growth 500 list with five-year revenue growth of 290%.
“The companies on the 2018 Growth 500 are truly remarkable. Demonstrating foresight, innovation and smart management, their stories serve as a primer for how to build a successful entrepreneurial business today,” says Deborah Aarts, Growth 500 program manager. “As we celebrate 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that entrepreneurship is healthier than ever in this country.”
“Geotab is honored to be on the Growth 500 ranking again this year,” says CEO Neil Cawse. “Our year-over-year growth and success is a direct result of the dedication of our hard-working team and our ongoing commitment to innovation, technology and our customers.”
Processing over 3 billion data points daily from more than 1.2 million connected vehicles across all seven continents, Geotab is a leading global provider of telematics and IoT technology. Helping fleet managers optimize their vehicles by improving driver safety as well as increasing productivity and fuel efficiency, Geotab provides businesses of all sizes with the actionable insights needed to better manage their fleets. Recently named the Company of the Year in the commercial telematics industry by Frost & Sullivan, Geotab has successfully secured its position as one of the fastest growing telematics companies, with an average annual subscriber growth of 116% over the last 10 years.
For 30 years, the Growth 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the Growth 500 - formerly known as the PROFIT 500 - profiles the country’s most successful growing businesses. The Growth 500 is produced by Canadian Business. Winners are profiled in a special Growth 500 print issue of Canadian Business (packaged with the October issue of Maclean’s magazine) and online at Growth500.ca and CanadianBusiness.com. For more information on the ranking, visit Growth500.ca.
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.