Company awarded prestigious ranking for second year in a row due to strong customer acquisition and revenue growth
Vancouver, BC and San Jose, CA – November 15, 2018 – Visier, the recognized leader in people analytics and planning, today announced the company has been listed on the Deloitte Technology Fast 50™ and Fast 500™ for a second year in a row. The ranking come on the heels of a banner year for Visier which resulted in the company achieving a compound annual growth rate of 120 percent and increasing customer subscriptions to surpass $125 million in sales.
John Schwarz, Visier CEO and Founder, credits this recognition by Deloitte as a testament to strong performance in both Visier’s product lineup and customer portfolio. “We are humbled and honored to be once again included with a strong cohort of peers in Deloitte’s Fast 50™ and Fast 500™,” said Schwarz. “It is our belief the business analytics market provides a massive growth opportunity, as more businesses look to predictive solutions for insight into the effectiveness of their strategies and to model and optimize for best practices.”
The Deloitte Technology Fast 50™ program winners consist of public and private companies in the technology sector, which have transformed the industry. Now in its 21st year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking. Visier ranked 33 with 679 percent in revenue growth from 2014 to 2017. Visier was also ranked in the top third of the list of Fastest Growing Companies in North America on Deloitte’s 2018 Technology Fast 500™.
“Business is changing rapidly, and what used to work a few years ago isn’t a recipe for what will work in the future,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50™ winners are a beacon of innovation and I’m looking forward to how they will change the business and technology landscape in the future.”
About the Deloitte Technology Fast 50™ - The Deloitte Technology Fast 50™ program is Canada’s preeminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50™ candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, 3C Innovation, BCF Business Law, Bank of Montreal, Bennett Jones, CBRE, First West Capital and OMERS Ventures. For further information, visit www.fast50.ca.
About Deloitte’s 2018 Technology Fast 500™- Deloitte’s Technology Fast 500™ provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500™ award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017. In order to be eligible for Technology Fast 500™ recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
Our curiosity, the desire to understand, is inseparable from what it means to be human. But, in the hype of big data analytics, we've forgotten that data does not equal knowledge.
Visier was founded to focus on what matters: answering the right business questions, even the ones a person might not know to ask. Questions that shape business strategy, provide the impetus for taking action, and drive better business results.
Visier is dedicated to transforming business analytics, to providing leaders with clear answers to critical business questions — out-of-the-box, without the hassle and cost of data management, statements of work, and long and risky development projects.
Visier lets companies say goodbye to data quality problems, to complexity, to costly tools, to endless service fees, and to guesswork. A people strategy platform designed by domain experts for leaders, Visier lets leaders say hello5 to clarity, to confidence, to meaningful answers — and to better business performance. Say hello to Visier. Outsmart, outperform.
For more information, visit http://www.visier.com.