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Teradici Recognized as One of Canada’s Fastest Growing Tech Companies

Deloitte Fast 50 award highlights rapidly growing PCoIP ecosystem and virtual workspace innovation

AWS re:Invent 2013

BURNABY, British Columbia--(BUSINESS WIRE)--Teradici, the developer of industry-leading PCoIP technology for virtual workspaces, has been listed #12 on the Deloitte Technology Fast 50, with year-on-year revenue growth over five years, making it one of Canada’s fastest growing technology companies.

“They are remarkable companies that show dedication, drive and commitment that are key to growth in the Canadian technology sector.”

“Desktop virtualization has reached a critical watershed,” says Teradici’s CEO, Dan Cordingley. “It’s an honor to be recognized as one of Canada’s fastest growing companies and a tremendous tribute to our employees and partner ecosystem. Their dedication to creating a phenomenal computing experience for millions of end users has paved the path for broad adoption of Teradici’s PCoIP technology in today’s virtual workspaces.”

Teradici’s business success can be attributed to a thriving ecosystem, expanding partnerships and continued momentum in the virtual desktop category. The company continues to actively pursue partnerships to develop, integrate and distribute new virtual workspace solutions and services built with Teradici’s cloud-optimized PCoIP technology. For example, earlier today Amazon Web Services (AWS) announced that Teradici PCoIP is now available as part of its Amazon Workspaces desktop-as-a-service offering, unveiled at the re:Invent developer conference in Las Vegas. (See Teradici PCoIP Now Available as Part of New Amazon Web Services Desktop Offering).

Teradici serves approximately 350 companies in Canada and several thousand worldwide in a diverse set of industries, including the “who’s who” in banking, education, government, healthcare, industrial, and media and entertainment. The company currently employs more than 200 people in its Burnaby office and works with more than 100 ecosystem partners globally to deliver a secure, high-quality virtual desktop computing experience across any standard IP network.

“Canadian Fast 50 companies innovate, demonstrate leadership, create jobs, and invest in R&D,” says Deloitte’s National Managing Partner, Technology, Media & Telecommunications, Richard Lee. “They are remarkable companies that show dedication, drive and commitment that are key to growth in the Canadian technology sector.”

Now in its 16th year, the Deloitte Technology Fast 50 program recognizes leaders in the Canadian technology industry and tracks the successful growth of Canadian-grown global leaders. The program augments the broader Deloitte North American Technology Fast 500™ initiative, with winners automatically eligible for this elite ranking.

To qualify for the Deloitte Technology Fast 50 ranking, companies must have been in business for at least five years, have revenues of at least $5 million, be headquartered in Canada, own proprietary technology, and conduct research and development activities in Canada. A panel of industry experts evaluate and judge companies based on four key criteria: competitive advantage; size, growth, and market attractiveness; management effectiveness and organization; and financial performance.

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 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 and innovation within the industry) 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, Bennett Jones and OMERS Ventures. For further information, visit www.fast50.ca.

About Teradici

Teradici technology is the fabric of the virtual workspace. It powers the spectrum of local, remote, mobile and collaborative work styles, fundamentally simplifying how computing is provisioned, managed and used.

Teradici PCoIP technology is deployed throughout virtual and cloud environments, in zero clients, hardware accelerators, standalone workstations and mobile devices. Simple, green, and cost-effective, the Teradici PCoIP virtual workspace architecture delivers a secure, high-definition, highly responsive computing experience.

Teradici customers benefit from a broad PCoIP ecosystem of innovative products and services, and include Fortune 500 enterprises and institutions around the world, local and federal government agencies, and cloud and service providers.

Teradici was founded in 2004, and is headquartered in British Columbia.

Teradici and PCoIP are trademarks of Teradici Corporation and may be registered in the United States and/or other countries. Any other trademarks or registered trademarks mentioned in this release are the intellectual property of their respective owners.

Contacts

Teradici Corporation
Lisa Washington, +1-408-961-8328
lwashington@teradici.com
or
Blanc & Otus
Bill Rundle, +1-415-420-0805
brundle@blancandotus.com