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Markham company one to watch in Deloitte’s Fast 50 program

A Markham company has been named among the ‘Companies to Watch’ in Deloitte Canada’s Technology Fast 50™ program, which recognizes the “world-class achievements” of Canada’s leading technology companies.

EAIGLE placed No. 9 on the list of 15 Companies to Watch. The end-to-end AI platform enables enterprises in the supply chain and retail sectors leverage vision data to address security, transportation and operational challenges.

Its AI-powered solutions provide real-time curated alerts, operational insights, and automation, all aimed at helping enterprises identify potential breaches and inefficiencies and take corrective actions. Its solutions work seamlessly with existing hardware, making it easy for enterprises to integrate its platform into their infrastructure. Its clients include the City of Toronto, the Toronto Zoo, Walmart and Cadillac Fairview.

Awards in the 2023 Technology Fast 50 program are presented in five categories: Technology Fast 50, Enterprise – Industry Leaders, Companies-to-Watch, Clean Technology and North American Fast Technology 500.

The Companies-to-Watch category ranks Canadian technology companies with the potential to be future Technology Fast 50 candidates by their revenue growth percentage over their last three years of operation. The winners must have a minimum of $50,000 in 2019 and a minimum of $2.5 million in 2022. EAIGLE’s revenue grew by 884 per cent in that time.

Technology Fast 50 ranks the fastest-growing technology, media and telecommunications companies by revenue-growth percentage over their last four years of operation. This year, the average three-year growth of the Technology Fast 50 winners is 2,213 per cent. An emerging trend among winners is generative AI.

“This year’s thriving cohort of winners have delivered outstanding revenue growth, despite prevailing uncertainties in the economy and marketplace,” says Anders McKenzie, partner, and national leader for the Technology Fast 50 program at Deloitte Canada.

“With their bold vision for the future, impactful technologies, competitive drive and passion for pushing the boundaries, these companies are paving the way as catalysts in their respective sectors, delivering growth and value to the Canadian economy both at home and beyond. It is truly inspiring to see how they not only improve today’s world, but also shape tomorrow’s.”

Photo illustrating Deloitte Canada’s Technology Fast 50 program courtesy of CNW Group/Deloitte & Touche.

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