CloudOps Named One of Deloitte’s Technology Fast 50TM Companies

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Montreal, November 12, 2015 — CloudOps is named as one of Canada’s fastest growing technology companies in the 18th annual Deloitte Technology Fast 50TM awards for demonstrating bold innovation, dedicated leadership and strong growth. CloudOps ranked 40 with 207 percent in revenue growth from 2011 to 2014. This is the second consecutive year that CloudOps has been ranked.

The Deloitte Technology Fast 50TM program celebrates leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown leaders. The program augments the broader Deloitte North American Technology Fast 500TM initiative with winners automatically eligible for this elite ranking.

CloudOps’ CEO Ian Rae, credits the strength of the CloudOps team and the demand for its products and services, including cloud networking, with the company’s revenue growth. CloudOps’ regional cloud service, cloud.ca, is currently expanding to data centres in Montreal, Toronto and Vancouver to meet market needs. “CloudOps is excited to be part of the Fast 50 for the second year in a row,” Rae says. “Our growth is driven by huge demand from software companies and innovative enterprises looking to capture the competitive advantage of cloud computing and automation. Our customers are looking for a trusted partner to deliver efficient and scalable solutions, and our success is a testament to our team’s expertise in cloud operations.”

“Fast 50 companies are innovators that transform great ideas into stunning realities,” said Robert Nardi, Technology, Media and Telecommunications Managing Partner for Deloitte Canada. “Their passion and determination makes them all inspiring success stories. They are vital to the Canadian technology sector.”

To qualify for the Deloitte Technology Fast 50TM 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.

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Read more about the Deloitte Technology Fast 50TM awards and see the complete list of winners.

About the Deloitte Technology Fast 50TM

The Deloitte Technology Fast 50TM program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50TM Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than four years, with the potential to be a future Deloitte Technology Fast 50TM candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Bank of Montreal, Bennett Jones, OMERS Ventures and Vistara Capital Partners. For further information, visit www.fast50.ca.

About CloudOps

CloudOps is a leader in cloud solutions, having built clouds for telcos and enterprises around the world. CloudOps is an enthusiastic supporter of open source software and believes in contributing to the communities that help evolve the technologies it uses, as well as provide managed services to support them. CloudOps is also listed in the 2015 PROFIT 500 for the third consecutive year and is a Citrix Gold Partner and a Networking for Data Centre Specialist.

CloudOps provides cloud.ca as a regional cloud service for businesses requiring that all or some of their data remain in Canada, for reasons of compliance, performance, cost or privacy.

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