With all the doom and gloom surrounding Research in Motion’s (RIM) current situation, the Canadian tech market has been getting a rough rap. That’s a notion Intelex is challenging, as published in a recent article by Techvibes, a great Vancouver-based Canadian technology news publication.
According to Knowlton Thomas, the Techvibes article author:
RIM, which held the title of Canada’s largest tech company for several years, has cast a dark shadow over the country’s tech sector. But one Toronto company believes that shadow consists only of RIM—that Canada’s tech space is actually humming, and they’re one of the companies driving that success.
That’s something Intelex President and CEO Mark Jaine would agree with. As he says:
“While we sympathize with the current plight of companies like RIM, we do want Canadians to know it is not all doom and gloom in the Canadian tech sector. We are proof that the Canadian tech sector is strong and technologies that help companies manage their business and deliver ROI to stakeholders represent a hot market for agile organizations.”
Once again, Intelex has been included in Deloitte’s list of the 500 fastest growing technology companies in North America.
This is the third consecutive year Intelex has been included in this who’s who of established and up-and-coming technology companies across the continent. It is also a great way to cap off a record-breaking fiscal year where we achieved more than 50 per cent growth over 2010. That continues our nine-year spell of more than 40 per cent year-over-year growth.
We’re proud to announce Intelex has been featured in IT in Canada’s The Sustainability Platform, Canada’s Only Integrated Social Media News Network.
The article, “Intelex achieves rapid growth in EHS markets”, profiles Intelex’s history, its staggering growth, and its future plans.
As writer Mary Allen notes:
In 2000, Intelex landed its first contract for the web-based systems it operates with today, launching a period of impressive, organic growth – 40% annual y-o-y since 2002 – based on private funding and with annual profitability. Jaine notes, “It’s very easy to achieve 40% growth when you are at 2.8 million, but it’s a little more difficult when you are at $12 million. Next year, we should be in the mid 20s and we have been fortunate to keep that momentum going even as we cross through these [revenue] barriers.” Ultimately, the Intelex goal is to be at $100 million by 2015.