News | October 5, 2010
Level Platforms Ranks In Deloitte Technology Fast 50 Third Year In A Row
LPI Level Platforms Inc., a global leader in remote monitoring and management software for solution and managed service providers (MSPs), is ranked among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. Level Platforms' increase in revenues of 345% secured its ranking in the listing for the third year in a row.
For over 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. "Level Platforms 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."
"Our success is based on a commitment to continuous technology and marketing innovation, all driven by a dedicated team of people," said Peter Sandiford, CEO, Level Platforms. "Remote monitoring and management technology is radically transforming the $100B market for small business IT service and support. We look forward to continuing our leadership role as the global market expands."
To qualify for the Deloitte Technology Fast 50&tarde; ranking, companies must have been in business for at least five years, have revenues of at least $5M, 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™ 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 more information, visit http://www.fast50.ca.
About Level Platforms
With thousands of Partners in 30 countries, Level Platforms is the leading provider of managed services software for IT solution providers servicing small and midsized end customers through its award-winning agentless remote monitoring and management software, Managed Workplace®. For more information, visit http://www.levelplatforms.com
SOURCE: Level Platforms
