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Geotab Ranks No. 175 on the 2020 Growth List

Published on October 16, 2020


Canadian Business unveils annual list of Canada’s Fastest-Growing Companies

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Toronto, Ontario - October 16, 2020 - Geotab, a global leader in IoT and connected transportation, today announced that it has been ranked No. 175 on the 32nd annual Growth List, the definitive ranking of Canada’s Fastest-Growing Companies. Produced by Canada’s premier business and current affairs media brands, the Growth List ranks Canadian businesses on five-year revenue growth. Growth List winners are profiled in a special print issue of Canadian Business published with Maclean’s magazine and online at CanadianBusiness.com and GrowthList.ca.

 

With 2020 marking the fifth consecutive year that the company has earned a place on the Growth List, Geotab boasts a five-year revenue growth of 446%, showcasing the company’s continuous dedication to innovation and strategic growth.

 

“The companies on the 2020 Growth List are really exceptional. Their stories are a masterclass in how to survive when the economy throws a curveball. Despite turbulence, the 2020 Growth List companies showed resilience, spirit and, most importantly, empathy and strong leadership,” says Susan Grimbly, Growth List Editor. “As we celebrate over 30 years of the Canada’s Fastest-Growing Companies program, it’s encouraging to see that the heart of Canada’s entrepreneurial community beats strong, even in tough times.”

 

“We are humbled to have ranked on the Growth List for the fifth year in a row,” said Neil Cawse, CEO at Geotab. “As we celebrate 20 years of providing our world class solutions to Customers across the globe, we look back on our significant growth, not only through an increase in revenue, but also through the continuous transformation of our innovative products and services, our employee base and our geographic expansion.”

 

Geotab processes more than 40 billion data points a day to provide its over 40,000 customers with actionable vehicle insights to help them become more efficient, safe and sustainable. Geotab’s key industry differentiator is its open platform, which promotes a network of cooperation and has attracted a world class partner ecosystem.

 

“This achievement reflects the unwavering hard work of our employees, as well as our sincere dedication to our Customers and ecosystem of Partners,” added Cawse. “We look forward to continued growth and achieving further success in the telematics industry and beyond.”

 

For more information on the ranking, visit GrowthList.ca.

 

About The Growth List

For over 30 years, the Growth List ranking of Canada’s Fastest-Growing Companies (formerly the Growth 500) has been Canada’s most respected and influential ranking of entrepreneurial achievement. Originally developed by PROFIT and now published in a special Growth List print issue of Canadian Business (packaged with the December issue of Maclean’s magazine) and online at GrowthList.ca and CanadianBusiness.com, the Growth List ranks Canadian companies on five-year revenue growth, and the Startup List ranks Canadian new growth companies on two-year revenue growth. For more information on the ranking, visit GrowthList.ca.

 

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving business publication in the country. It has fuelled the success of Canada’s business elite and, through the Growth List ranking, celebrates leadership, innovation, business strategy and management tactics. Learn more at CanadianBusiness.com.

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Media Contact

Hanna Corrente

Manager, Strategic Communications & Public Affairs

pr@geotab.com

About Geotab

Geotab is a global leader in connected transportation solutions. We provide telematics — vehicle and asset tracking — solutions to over forty thousand customers in 150 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. We connect to over 3.2 million vehicles and process more than 55 billion data points a day so that customers can 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 Twitter and LinkedIn or visit the Geotab Blog.