Geotab ranks no. 222 on the 2019 Growth 500 list
Published on September 12, 2019
Canadian Business unveils annual list of Canada’s Fastest-Growing Companies
Toronto, ON - September 12, 2019 - Canadian Business and Maclean’s today ranked Geotab No. 222 on the 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 a five-year revenue growth. Growth 500 winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine online at CanadianBusiness.com and Growth500.ca.
Debuting on the ranking for the fourth year, Geotab made the 2019 Growth 500 list with five-year revenue growth of 408%.
“The companies on the 2019 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,” stated Beth Fraser, Growth 500 program manager. “As we celebrate over 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 for the fourth time. This achievement not only reflects the strength of our innovations, but also the unwavering and continuous hard work of our dedicated team,” said Geotab CEO, Neil Cawse. “Geotab’s commitment to its customers and undeniable success in the telematics industry is demonstrated by our impressive growth rate year over year and continues to propel us further into future success.”
Processing over 30 billion data points a day from more than 1.8 million connected vehicles across the globe, Geotab is a proven leader in IoT and connected transportation. Geotab provides actionable insights to businesses of all sizes in order to help them better manage their fleets and make data-driven decisions. Ranked the number one Commercial Telematics vendor worldwide by ABI research earlier this year, the company recently opened a brand new 90,000 square foot headquarters in Oakville, Ontario and is continuing to expand its presence around the globe.
About the Growth 500
For over 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 profiles the country’s most successful growing businesses. The Growth 500 is produced by 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.
About Canadian Business
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.