CloudOps Ranks No. 356 on the 2016 PROFIT 500

15-09-2016 / CloudOps

– PROFIT magazine unveils 28th annual list of Canada’s Fastest-Growing Companies –

Montreal, QC (September 15, 2016) Canadian Business and PROFIT today ranked CloudOps No. 356 on the 28th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

CloudOps made the 2016 PROFIT 500 list with five-year revenue growth of 142%. This is the fourth consecutive year that CloudOps has been ranked.

“Companies become a part of the PROFIT 500 through innovative thinking, smart strategy and sheer grit,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “These firms demonstrate what Canadian entrepreneurs can achieve, both at home and across the globe.”

“CloudOps is honoured to be part of the PROFIT 500 for the fourth year in a row,” says founder and CEO Ian Rae. “We are proud to have been able to grow sustainably based on customer success in “the cloud” and are in a great position to capitalize for the next phase of growth of our cloud computing products and services.”

CloudOps is a leader in cloud solutions and operations. Our cloud building services help enterprises and service providers get rapid time to value with OpenStack and CloudStack. Other customers include regional services providers such as and Cable & Wireless Communications. Our cloud operations services help digital organizations adopt public and regional clouds (Amazon Web Services, Azure, SoftLayer, for both traditional web and cloud native applications, leveraging technologies like Docker and Kubernetes, with multi-cloud reference architectures. CloudOps values the evolution of the technologies it uses and thus is an enthusiastic contributor to open source software communities such as CloudStack, OpenStack, and Terraform. CloudOps was listed in the Deloitte Technology Fast50 in 2014, 2015.

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About PROFIT and
PROFIT: Your Guide to Business Success is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 34 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at

About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total brand readership of more than 1.1 million, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.

CloudOps Media Contact

Julia Simon,, 514-447-3456 ext. 1103