Innovation

The 2015 PROFIT 500: Ottawa's Fastest-Growing Companies

The nation's capital is home to some burgeoning IT firms. Meet some of the city's most successful businesses

Written by Murad Hemmadi

Ottawa is an emerging tech hub. Fully 12 of the 16 companies from the National Capital Region on the2015 PROFIT 500 Ranking of Canada’s Fastest Growing Companies are in the IT or Software industries.

The 16 firms from the Ottawa-Gatineau area on this year’s ranking headquartered grew their revenues an average of 661% between 2009 and 2014, creating an additional 1,321 full-time equivalent (FTE) jobs over that period. Collectively they employed 1,769 full-time and 632 part-time employees in 2014.

Here is the complete list of Ottawa’s Fastest Growing Companies for 2015.

1. A Hundred Answers

PROFIT 500 Rank: 15
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 4,010%
Chief Executive(s): Sean Murphy
FTE Employees: 46

Management and technology consulting

2. Iceberg Networks

PROFIT 500 Rank: 59
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 1,137%
Chief Executive(s): Ken McPherson
FTE Employees: 19

Provides software and services for government and financial institutions

3. You.i

PROFIT 500 Rank: 65
Head Office: Kanata, Ont.
Industry: Software
Five-year revenue growth (2009–2014): 1,079%
Chief Executive(s): Jason Flick
FTE Employees: 64

Provides user-interface engine and design services for TV providers

4. Ontario Rental and Supply

PROFIT 500 Rank: 76
Head Office: Kanata, Ont.
Industry: Construction
Five-year revenue growth (2009–2014): 981%
Chief Executive(s): Mark Dalton
FTE Employees: 32

Provides a full line of rental equipment to the industrial, commercial and institutional sectors

5. StoneShare

PROFIT 500 Rank: 98
Head Office: Gatineau, Que.
Industry: Information Technology
Five-year revenue growth (2009–2014): 710%
Chief Executive(s): Keith Carter
FTE Employees: 48

SharePoint Systems integration services

6. Avaleris

PROFIT 500 Rank: 135
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 486%
Chief Executive(s): Ronald MacDonell & Anita Burwash
FTE Employees: 17

Offers IT professional services

7. The KTL Group

PROFIT 500 Rank: 156
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 407%
Chief Executive(s): Matthew Harding
FTE Employees: 25

Provides Linux and Open Source solutions and consulting services

8. Superna

PROFIT 500 Rank: 161
Head Office: Kanata, Ont.
Industry: Software
Five-year revenue growth (2009–2014): 396%
Chief Executive(s): Michael Arno & Mara Taracievicz
FTE Employees: 24

Disaster recovery software developer

9. Orangutech

PROFIT 500 Rank: 206
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 297%
Chief Executive(s): Barry Doucette
FTE Employees: 21

Consulting company for Microsoft-based technologies

10. Pythian

PROFIT 500 Rank: 209
Head Office: Ottawa
Industry: Information Technology
Five-year revenue growth (2009–2014): 284%
Chief Executive(s): Paul Vallee
FTE Employees: 364

Provides IT services for businesses

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Other fast-growing companies from the National Capital Region on the 2015 PROFIT 500:

11. Thermal Energy International (PROFIT 500 Rank: 256), 12. PiiComm (PROFIT 500 Rank: 263), 13. Epiphan Video (PROFIT 500 Rank: 360), 14. Veritaaq (PROFIT 500 Rank: 408), 15. Iron Horse Security (PROFIT 500 Rank: 490), 16. Thinkwrap Commerce (PROFIT 500 Rank: 498).

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Click here for the complete 2015 PROFIT 500 Ranking of Canada’s Fastest-Growing Companies »

Originally appeared on PROFITguide.com