HAMILTON, ONTARIO--(Marketwire - Nov. 19, 2012) - VIZIYA Corporation is named as one of Canada's fastest growing technology companies in the 15th annual Deloitte Technology Fast 50™ awards. The Fast 50™ program recognizes the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. VIZIYA's increase in revenues of 3,816 percent from 2007 to 2011 resulted in a number 4 ranking. In addition, VIZIYA received the 39th spot in the North America Technology Fast 500™, a ranking of the top 500 technology companies in North America.
"Canadian Fast 50 companies innovate, demonstrate entrepreneurship, create jobs, and invest in R&D," said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "VIZIYA is an example of a company that shows passion, determination and drive that are so important for growth in the Canadian technology sector."
"The last five years have been exciting," says John Vujicic, VIZIYA's President, "As more and more customers adopt an Enterprise Resource Planning (ERP)-based strategy for their maintenance solutions, VIZIYA's products have been there to provide the advanced features they need."
To qualify for the Deloitte Technology Fast 50™ ranking, companies must have been in business for at least five years, had revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage, size, growth, and market attractiveness; management effectiveness and organization; and financial performance.
About VIZIYA Corporation
VIZIYA is the industry leader providing bolt-on software products to enhance ERP-based asset maintenance systems. With over 43,000 users at 570 sites across 6 continents, the world's best companies use VIZIYA products to help them better maintain their assets. Visit www.viziya.com for more information.