CALGARY, Alberta--(BUSINESS WIRE)--GuildOne Inc. (GuildOne) is pleased to announce that it has been presented with the Deloitte Technology Fast 50™ program award, which is based on rapid revenue growth, entrepreneurial spirit and bold innovation. The program recognizes Canada’s 50 fastest-growing technology companies with the highest revenue-growth percentage over the past four years. GuildOne earned 36th rank on the list, with a 485 percent in revenue growth from 2015 to 2018.
The Deloitte Technology Fast 50™ program winners consist of public and private companies in the technology sector that have transformed the industry. Now in its 22nd year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking.
Calgary-based GuildOne provides advanced data solutions and business intelligence to oil and gas organizations to enhance their business performance. This award is a recognition of the company’s groundbreaking blockchain solutions. In 2018 conducted the world’s first blockchain oil and gas royalty transaction on Energy Block Exchange™ (EBX), its blockchain business network for energy transactions. It has since launched ConTracks™, its patent-pending smart contract engine, and developed new use cases, including joint venture interest billing, road use allowances and AFE balloting. In September 2019, GuildOne was awarded a contract to deploy and demonstrate a proof-of-concept blockchain solution for a consortium of oil and gas majors.
"This award is really a reflection of the great technology ecosystem in Calgary. It's a testament to the talented, hard-working team at GuildOne, as well as the vision of our valued clients," said James Graham, President and CEO of GuildOne. "This program demonstrates the tremendous support that Deloitte offers to growing enterprises throughout the year by providing resources, capacity and expertise that is crucial to emerging companies in fulfilling their aspirations."
“In an era of rapid and constant change, Fast 50 companies should be incredibly proud of the impact they are making across all industries, as they foster the economic prosperity and success of our country,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Their bold vision, unrivaled growth and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, and I can’t wait to see where they take us moving forward.”
To qualify for the Deloitte Technology Fast 50™ 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.
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.
About GuildOne - GuildOne is a pioneering technology company providing advanced data solutions and business intelligence to oil and gas organizations to enhance their business performance. In 2018, GuildOne conducted the world’s first blockchain oil and gas royalty transaction on Energy Block Exchange™ (EBX), its energy blockchain business network built on R3’s Corda platform. It has since launched ConTracks™, its patent-pending smart contract engine, and developed new use cases, including joint venture interest billing, AFE balloting and road use allowances.