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November 21, 2024
Toronto, ON – November 21st 2024
IDENTOS Inc. today announced it ranked #445 on the Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America, now in its 30th year. IDENTOS grew 240% during this period.
IDENTOS’ CEO, Mike Cook, credits the increasing demand for consumer-centric health experiences and broader public sector demand to accelerate digital transformation initiatives to improve service delivery and manage costs, as well as the company’s commitment to standards-based, user-centric technology. He said:
"Our mission has always been to empower organizations with solutions that build digital trust and ensure secure, seamless user access to online services. We are witnessing the impact of this mission as industries across healthcare, government, and beyond embrace digital transformation with a focus on end user empowerment and system level interoperability. Our growth continues to bedriven by rising demand for digital access in healthcare, government demand for solutions that enable citizens across all sectors, and our commitment to industry standards including contributions at DIACC, Digital Governance Council, and Kantara Initiative. Our team members are excited and proud to be included in the Fast 500 list for 2024, and we’re energized to continue this journey, bridging gaps and shaping the future of secure digital access." –Mike Cook, CEO, IDENTOS
“For 30 years we’ve been celebrating companies that are actively driving innovation. The software industry continues to be a beacon of growth, and the fintech industry made a strong showing on this year’s list, surpassing life sciences for the first time,” said Steve Fineberg, vice chair, U.S. technology sector leader, Deloitte. “Significantly, we also saw a breakthrough in performance of private companies, with the highest number of private companies named to the list in our program’s history. This year’s winners have shown they have the vision and expertise to continue to perform at a high level, and that deserves to be celebrated.”
“Innovation, transformation and disruption of the status quo are at the forefront for this year’s Technology Fast 500 list, and there’s no better way to celebrate 30 years of program history,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s Audit & Assurance practice. “This year’s winning companies have demonstrated a continuous commitment to growth and remarkable consistency in driving forward progress. We extend our congratulations to all of this year’s winners — it’s an incredible time for innovation.”
Now in its 30th year, the Deloitte Technology Fast 500 provides a ranking of the fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2020 to 2023.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company’s operating revenues. Companies must have base-year operating revenues of at least US$50,000, and current-year operating revenues of at least US$5 million. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
(source: Deloitte)