A Record Year for Canada’s ICT Industry
2019 Branham300 Top 250 ICT companies deliver $115.3 Billion in total revenue!
OTTAWA, Ontario, Canada – June 27, 2019—The results are in from Branham Group’s annual ranking of tech companies, and the Top companies have again set a revenue records. Full Branham300 results are online at www.branhamgroup.com.
“The results of the 2019 Edition of the Branham300 demonstrates a major growth thrust by Canada’s Information & Communications (ICT) sector,” said Branham Group CEO Wayne Gudbranson. “The performance of the companies reflects the continual maturation and growth of the Canadian ICT Industry as a key economic contributor and rising brand both domestically and globally.”
Top 250 Canadian ICT Companies
The Top 250 is comprised of the largest Canadian companies as ranked by revenue. This year the Top 250 generated cumulative revenue of $115.3 Billion in fiscal 2018compared to $106.3 Billion in the previous year. This represents a year-over-year revenue increase of 8.5%, compared to 1.14%, growth in fiscal 2017.
78%of the Top 250 companies grew revenues
45%achieved double- or triple-digit growth
BCE retains primacy BCE is Canada’s ICT revenue leader for the 4th consecutive year posting $16.9 Billion in eligible revenue, a 5.49% increase over last year.
VitalHub Corp. – a new entry this year recorded a 695% increase in revenue
Route1 – Moved up 82 spots on the ranking
Top 25 ICT Multinationals
Branham Group tracks the most prominent non-Canadian tech companies operating in Canada and calculates an estimate of the revenue they generate within our borders. For fiscal 2018, we estimate the top 25 multinationals generated $89.5 Billion in this country, an 12.4% increase over the $79.6 Billion total the year prior. All figures are in Canadian dollars. Notable growth performers include Facebook, up an impressive 35%, and Amazon up 33%.
Top 25 ICT Up and Comers
With the Top 25 Up and Coming, Branham Group recognizes promising young companies at the beginning of their successes. It is the only Branham300 list not based on revenue. Nine (36%) of this year’s class of 25 Up and Comers are from Atlantic Canada. This reflects the increasing focus on ICT innovation in this region of Canada.
About the Branham300 (www.branhamgroup.com)
Branham Group, a global Information and Communication Technology (ICT) industry analyst and strategic advisory, has produced the Branham300 ranking of ICT companies in Canada for 25 consecutive years.
The Branham300 is the best-known and most widely referenced listing of Canada’s top ICT companies, ranked by revenue. The listing also tracks the top ICT multinationals operating in Canada, plus Up and Comers, those young Canadian companies Branham Group believes will be big hits soon.
Branham Group’s ranking is unique in Canada because it tracks both publicly held and privately owned companies. It is the only comprehensive list to do so.
The Branham300 consists of three major lists:
- Top 250 Canadian ICT Companies: ranked by total revenue generated
- Top 25 ICT Multinational Companies: ranked by revenue generated in Canada
- Top 25 Up and Coming ICT Companies: ranked on innovation and promise
Sub-listings that are generated from the Top 250 listing include:
- Top 25 Canadian Software Companies
- Top 25 Canadian ICT Professional Services Companies
- Top 25 Canadian ICT Hardware and Infrastructure Companies
- Top 10 Canadian xService Providers (xSP) (ASP, ISP, wireless, MSP, etc.)
- Top 10 Canadian ICT Security Companies
- Top 10 Canadian Wireless Solutions Companies
- Top 5 Pure-play Healthcare ICT Companies
- Top 10 ICT Staffing Companies
- Top 10 Mobile Technology Companies
- Top 5 Digital Media and Entertainment Companies
- Top 25 Movers and Shakers
- Top 15 Growth Companies
These sub-listings will be published over the coming weeks.
Branham Group Inc. (www.branhamgroup.com), is a Canadian based, globally directed Industry Analyst and Strategic Advisory for the Information and Communications Technology (ICT) sector. Branham provides Planning – Marketing – Partnering services for established and new technology brands in the global market. With its Branham300 database, Branham has expansive data on the Canadian ICT industry. The Branham300 is a unique community in the Canadian ICT sector that includes privately held and publicly traded tech companies in Canada.
For further information please contact:
Wayne Gudbranson, CEO
wgudbranson@branhamgroup.com | 613-745-2282, ext. 113
Twitter – #2019Branham300
We would like to thank our 2019 Branham300 Sponsors for their support:
