Aucerna Ranked on Deloitte's 2019 Technology Fast 500™ and Enterprise Fast 15™
Company Attributes 432% Growth to the Energy Industry's Digital Transformation
CALGARY, Alberta, November 14, 2019 (Newswire.com) - Aucerna today announced it ranked 254th on Deloitte’s Technology Fast 500™ and 4th on Deloitte’s Enterprise Fast 15™. The Technology Fast 500 is a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Aucerna grew 432% during this period.
Aucerna co-founder and CEO, Wayne Sim, credits the digital transformation that is taking place in the energy industry with the company’s stellar growth.
“Our industry has faced significant headwinds over the past 4 years,” said Wayne. “Energy leaders are coming to the realization that we cannot do the same amount of work, in the same way, with fewer resources, and still expect to generate value.”
Wayne went on to say, “For operators to succeed today, they must adapt to this new market reality, and embrace digital technologies like ours. Aucerna is devoted to upstream oil and gas. Our software solutions are enabling upstream operators to thrive, despite industry volatility, by connecting planning, resources, execution and operational realities. The result is better data, better decisions, and ultimately better value for shareholders.”
“This year marks the 25th anniversary of Deloitte’s Technology Fast 500, so we are especially pleased to announce and congratulate the 2019 winners,” said Sandra Shirai, vice chairman, Deloitte LLP, and U.S. technology, media and telecommunications leader. “Once again, we saw innovation across the board, with software companies continuing their dominance of the top ten. It’s always inspiring to see how the Fast 500 companies are transforming business and the world we live and work in.”
“As technology innovation trends towards ‘everything as a service,’ it’s no surprise that software companies like Aucerna dominate the winners list yet again this year,” said Mohana Dissanayake, partner, Deloitte & Touche LLP, and industry leader for technology, media and telecommunications, within Deloitte’s audit and assurance practice. “What’s exciting about celebrating 25 years of the Tech Fast 500 is we now have a quarter century of innovation stories to draw and reflect upon. These are the companies that push boundaries, help organizations become more efficient and productive, and ultimately enable businesses to drive growth and revenue. We congratulate all the well-deserving winners.”
Aucerna’s recognition also included ranking 4th on Deloitte’s Enterprise Fast 15™. This leadership category recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation.
Aucerna is the energy industry's leading provider of software solutions for integrated planning, execution and reserves. The company is a global source of technology and expertise, serving more than 500 customers from 12 global offices and helping companies make better investment decisions by connecting the people and the data of the modern energy industry.
Learn more at www.aucerna.com
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 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 50 Ranking, Enterprise Fast 15 category (recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation), and Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate). Program sponsors include Deloitte, Bank of Montreal, CBRE, First West Capital, Miller Thomson, OMERS Ventures, 3C and Lafond. For further information, visit www.fast50.ca.