Toronto, ON – November 7, 2019 – StackAdapt (www.stackadapt.com) is presented the Deloitte Technology Fast 50TM program award for its rapid revenue growth, entrepreneurial spirit and bold innovation. The program recognizes technology companies with the highest revenue-growth percentage over the past four years. StackAdapt ranks 21 with 843% in revenue growth from 2015 to 2018.
The Deloitte Technology Fast 50 program winners consist of public and private companies in the technology sector, which have transformed the industry. Now in its 22nd year, the program runs alongside the broader Deloitte North American Technology Fast 500TM, with winners automatically eligible for this elite ranking.
StackAdapt’s CEO Ildar Shar credits much of this growth to the company’s focus on building a performance-focused advertising platform, the company’s investment in machine learning and AI, and the ability to hire and retain top talent in Toronto. Shar said “We came into the advertising market a bit later (the StackAdapt platform was launched in 2014) but that worked to our advantage in that we didn’t have a legacy product to contend with and could engineer the platform using newer, faster technologies and with machine learning at its core. That has resulted in greater performance for advertisers and led to explosive customer and revenue growth.”
“In an era of rapid and constant change, Fast 50 companies should be incredibly proud of the impact they are making across all industries, as they foster the economic prosperity and success of our country,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50TM program at Deloitte Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, and I can’t wait to see where they take us moving forward.”
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 50TM
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, Enterprise Fast 15 category (recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation), and Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate). Program sponsors include Deloitte, Bank of Montreal, CBRE, First West Capital, Miller Thomson, OMERS Ventures, 3C and Lafond. For further information, visit www.fast50.ca.
StackAdapt is a self-serve programmatic advertising platform used by North America’s most exceptional digital marketers. This state-of-the-art platform is where some of the most progressive work in machine learning meets cutting-edge user experience. Ad buyers plan, execute, and manage data-driven digital advertising campaigns across all devices, inventory and publisher partners. For further information, visit www.stackadapt.com.