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November 18, 2020 | Emily Lambert
2020 has undoubtedly thrown some significant curveballs at government agencies across North America, and here at Bonfire, we’ve been blown away time and time again by the resilience and adaptability of the public procurement teams we get to work with.
We are pleased to announce that Bonfire has been presented the Deloitte Technology Fast 50™ program award and as our CEO Corry Flatt said in our press release, this recognition wouldn’t be possible without our clients, who trusted us with the important work of bringing procurement online, especially in the midst of the COVID-19 pandemic.
The Deloitte Technology Fast 50 program recognizes Canada’s 50 fastest-growing technology companies with the highest revenue-growth percentage over the past four years. Bonfire was ranked number 30 for our entrepreneurial spirit, bold innovation, and 649 percent increase in revenue growth from 2016 to 2019.
“This year’s Fast 50 winners should be especially proud of this designation, as their role in the fabric of Canadian business—particularly during these turbulent times, is crucial,” said Erica Pretorius, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “Their bold vision and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, despite the constant uncertainty. This year’s winners are proving themselves resilient, innovative, and adaptable, all in an unpredictable year defined by economic instability and the continuing public health crisis.”
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.
To learn more about the Deloitte Technology Fast 50 and Bonfire’s ranking, read the full press release here.
Emily Lambert | Bonfire Interactive
As the Content Marketing Strategist at Bonfire, Emily writes thought leadership for procurement teams in the public sector. Best practices content for procurement professionals doesn’t have to be a chore to get through—which is why Emily strives to strike the balance of writing educational yet engaging content that inspires sourcing experts and equips them to make the best purchasing decisions.
Read more about why Bonfire was recognized by Deloitte’s Technology Fast 50