Real Matters Ranked The Second Fastest Growing Canadian Technology Company In the Deloitte Technology Fast 50
TORONTO, Sept. 23 /PRNewswire/ - Real Matters, the parent company of Solidifi, a leading provider of property information services to the North American mortgage and P&C insurance industries, is ranked among the Deloitte Technology Fast50(TM), a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. Real Matters' increase in revenues of 40,532% percent from 2005 to 2009 resulted in a number 2 ranking.
For more than 13 years, the Deloitte Technology Fast 50 program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50 augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.
"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "Real Matters is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."
According to Real Matters' President and CEO Jason Smith, the key element of this achievement is redihive(TM), the organization's cloud-based technology environment. "Real Matters brings together the components required to effectively provide property information services: subject matter expertise and unique data. When fused through the innovative technology of redihive(TM), we provide a solution that helps our clients make incredibly smart decisions. Thanks to everyone who helped us achieve this honour."
To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have 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 the Deloitte Technology Fast 50
The Deloitte Technology Fast 50(TM) program is Canada's pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50 Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50 candidate) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15 Awards (Canada's leading GreenTech companies that promote a more efficient use and re-use of the earth's resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, GrowthWorks, TMX Group, Wellington Financial, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.
About Real Matters
Real Matters is a leading provider of property information services in North America. It fuses unique data gathered from a network of more than 17,000+ field agents with the technological power of its cloud-based redihive(TM) environment to propel the next generation of businesses that provide insight into residential and commercial properties. The organization has its Canadian head office in Toronto, Ontario as well as a U.S. office in Chicago, Illinois. Additional information about Real Matters is available at www.realmatters.com.
SOURCE Real Matters
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