Attributes 1,198% percent revenue growth to focus on innovation, culture and customer centricity.
WATERLOO, Ontario, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Vidyard, the leading video platform for business, has been recognized for its rapid revenue growth, bold innovation, and entrepreneurial as a recipient of Deloitte Fast 50™ and Technology Fast 500™ lists. The Fast 50 program honours the 50 Canadian technology companies with the highest revenue-growth percentage over the past four years.
Vidyard has ranked 17th with a growth rate of 1,198% and was amongst the top B2B SaaS companies on the Fast 50 list.
“The entire team here at Vidyard are thrilled to be recognized on this year’s 2018 Fast 50 list,” said Vidyard's CEO and co-founder, Michael Litt. “Video has become the most effective way for our customers to engage with today’s audiences and build more personal connections, and we don’t see that trend slowing down anytime soon. It’s great to be recognized for our focus on innovation, culture, and customer centricity in the work we do each day.”
“Congratulations to the Deloitte 2018 Technology Fast 500 winners on this impressive achievement,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “These companies are innovators who have converted their disruptive ideas into products, services and experiences that can captivate new customers and drive remarkable growth.”
“Software, which accounts for nearly two of every three companies on the list, continues to produce some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics and robotics,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and Industry Leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “This year’s ranking demonstrates what is likely a national phenomenon, where many companies from all parts of America are transforming the way we do business by combining breakthrough research and development, entrepreneurship and rapid growth.”
Media Contact:
Sandy Pell, Senior Manager, Corporate Communications, Vidyard
press@vidyard.com
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, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures and Wellington Financial. For further information, visit www.fast50.ca.
About Vidyard
Vidyard is the video platform for business that helps organizations drive more revenue through the use of online video. Going beyond video hosting and management, Vidyard helps businesses drive greater engagement in their video content, track the viewing activities of each individual viewer, and turn those views into action. Global leaders such as Honeywell, LinkedIn, Citibank and Sharp rely on Vidyard to power their video content strategies and turn viewers into customers.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/bbb2241f-b018-42cc-adf5-f3e93ed10eb7