Honored for technological leadership in creating a distinct competitive advantage, growth, management effectiveness, and financial performance
Desire2Learn Incorporated (“Desire2Learn”), a leading provider of enterprise teaching and learning platforms today announced it is the recipient of a prestigious Leadership Award in the 2011 Deloitte Technology Fast 50™ Awards Program, Canada’s pre-eminent technology awards program.
Deloitte Technology Fast 50™ Leadership Award candidates are judged on their ability to create a distinct competitive advantage in a high growth market. A panel of subject matter experts evaluates companies based on four key criteria: competitive advantage; size, growth and market attractiveness; management effectiveness and organization; and financial performance. Awards are presented to Deloitte Technology Fast 50™-ranked companies that demonstrate technological leadership in four industry subcategories: emerging technologies, hardware / semiconductor, software, and telecommunications.
“The Technology Fast 50 Leadership Award celebrates the elite companies in the Canadian technology sector,” said Richard Lee, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. “Deloitte salutes the outstanding accomplishments of Desire2Learn whose ability to create a distinct competitive advantage in a high-growth market will likely result in it joining the ranks of other Canadian companies that have grown into global leaders.”
Desire2Learn President & CEO, John Baker, credits building a strong team that is passionate about working closely with clients and fostering innovation to create amazing user experiences as a key aspect of their business strategy. Continual enhancement and expansion of products and services based on client input, and a significant number of staff focused on research and development have been critical to the company’s ability to rise to a leadership position in their segment.
“We’re very honored to be the recipient of this significant award,” states Baker. “We provide the most advanced learning platform that is transforming learning experiences across all sectors and is supporting learners lifelong. This award is substantial recognition of all the hard work our employees have contributed in building our company and the incredible support we have received from our clients and partners.”
To qualify for the Leadership Award, candidates must devote a significant portion of their operating revenues to creating proprietary technology or intellectual property.
The Deloitte Technology Fast 50™ program is Canada’s pre-eminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features four distinct categories including the Technology Fast 50™ Ranking, Companies-to-Watch Awards (early-stage Canadian tech companies in business less than five years, with the potential to be a future Deloitte Technology Fast 50™ candidate,) Leadership Awards (companies that demonstrate technological leadership in four industry subcategories: hardware/semiconductor, software, telecommunications and emerging technologies) and the Deloitte Technology Green 15™ Awards (Canada’s leading GreenTech companies that promote a more efficient use and re-use of the earth’s resources in industrial production and consumption.) Program sponsors include Deloitte, Gowlings, Wellington Financial, TMX Group, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.