Etelesolv Named One of Deloitte’s Technology Fast 50™ Companies
*Please note that Etelesolv has changed its company name to Cimpl in 2016.
Etelesolv keeps on growing and ranks on the list of the fastest-growing technology companies in Canada.
(MONTREAL, QC – November 12, 2015) — Etelesolv (now Cimpl), Canada’s leader in IT and telecom expense management, is named as one of Canada’s fastest growing technology companies in the 18th annual Deloitte Technology Fast 50™awards for demonstrating bold innovation, dedicated leadership and strong growth. The company ranked 47th with a 154 percent in revenue growth from 2011 to 2014.
The Deloitte Technology Fast 50™ program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.
The company’s President Christopher Thierry, credits the employees as the main driver behind the culture of growth and execution which propelled the company’s 154 percent revenue increase. Thierry said, “The talent of the people here always stand out. They bring constant innovation to our world-class IT, telecom, and cloud management solution. Employees are the reason why our Cimpl platform is a market leader. They’re the driving force behind our company’s ranking on the Deloitte Technology Fast 50™ again, and I’m very proud of them all.”
“Fast 50 companies are innovators that transform great ideas into stunning realities,” said Robert Nardi, Technology, Media and Telecommunications Managing Partner for Deloitte Canada. “Their passion and determination makes them all inspiring success stories. They are vital to the Canadian technology sector.”
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.
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 in business less than four years, 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, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.
About the company
With its global coverage, Etelesolv (now Cimpl) is leading the Canadian revolution of telecom and IT management by helping companies the costs of services associated with mobility, fixed telecom, Cloud, M2M, IT and UC assets. Cimpl, the company’s signature platform, brings together actionable real-time data and everyday processes to ensure that companies know what they have and how much it costs at any given time. Its business leadership and employee engagement have earned serious acclaim. The company has been recognized in many industry awards because of large and sustained revenue growth and its high level of employee engagement. For more information, visit http://home.cimpl.com/.
Caroline Le Brun