Vancouver, BC, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Mojio, the leading technology platform and SaaS provider for connected cars, has been recognized for its rapid revenue growth and innovation by Deloitte, which ranked Mojio No. 2 in its annual Technology Fast 50™ Awards program. The annual award program honours the 50 Canadian technology companies with the highest revenue-growth percentage over the past four years. This is Mojio’s second consecutive appearance in the Deloitte Fast 50 program, having been named one of 2017’s Companies-to-Watch.
“This recognition from Deloitte is especially meaningful to our team, as it uniquely pairs our global growth with our Canadian roots in Vancouver, where we continue to invest in our people and innovation,” said Mojio CEO, Kenny Hawk. “With more than a billion unconnected cars on roads around the world, the market potential for our solutions is massive. We’re looking forward to continuing this growth – both in Canada and abroad – as we continue to unlock new revenue streams across the automotive value chain and shape the future of mobility with our partners and customers around the world.”
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least four years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, conduct research and development activities in Canada and invest a minimum of five percent of gross revenues in R&D.
“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.”
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.
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About Mojio
Scalable, secure and hardware-agnostic, Mojio is the cloud platform and SaaS provider of choice for automakers and mobile network operators looking to build profitable connected car services. Mojio’s platform solutions and mobile apps deliver a smarter, safer and more convenient car ownership experience for the global driving community. With real-world data gathered from more than 7 billion miles of driving, Mojio provides a big data analytics framework that uses machine learning to generate actionable insights, unlocking the next generation of revenue streams for companies throughout the automotive value chain.
Founded in 2012, Mojio has growing teams in Vancouver, Silicon Valley and Sofia, and some of the world’s biggest brands as customers, investors and partners, including Amazon, Bell, Bosch, Deutsche Telekom, Microsoft, SAP, Telus and T-Mobile. Mojio is a career-accelerator for driven tech professionals looking to shape the future of mobility. To learn more about joining our team, please visit Mojio’s careers page.
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s pre-eminent 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.
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