We're incredibly honored to announce that we have ranked at #14 on Deloitte's Fast50 list. Celebrating entrepreneurial spirit and innovation, Deloitte's Fast50 program has been running for 20 years, and ranking so high on this list is a huge achievement for all our team. Find the official press release after the break.

To learn more about Deloitte's Fast50 program, click here


Awesense places 14th on Deloitte’s Technology Fast 50™ companies list

Vancouver, November 9, 2017 — Awesense was recognized for rapid revenue growth, bold innovation and its entrepreneurial spirit with a Deloitte Technology Fast 50 program award. The Fast 50 program honors 50 Canadian technology companies with the highest revenue-growth percentage over the past four years. Awesense ranked 14th with a 3058.3% percent in revenue growth from 2013 to 2016.

The Deloitte Technology Fast 50 program winners are made up of public and private companies in the technology sector that share common traits and strengths and have transformed the industry. Celebrating its 20th anniversary this year, the program augments the broader Deloitte North American Technology Fast 500™ initiative with winners automatically eligible for this elite ranking.

Awesense’s CEO, Mischa Steiner, credits Awesense’s unique take on grid analytics, blending cutting-edge Machine Learning AI with IoT devices, and a deep understanding of the grid. Steiner said, “Our offering is a completely different approach to analyzing and optimizing the grid. Our True Grid Intelligence engine is strongest it’s ever been, which utilities are noticing, but we’re just getting started on possibilities for the grid of the future . As Utilities become more and more data-driven, we’ve seen a tremendous uptick in analytics interest in the industry and it’s really exciting to work alongside such great talent.

Awesense further distinguishes itself by being the highest ranked Cleantech company, and the only hardware provider in the Top 15.

New technologies have disrupted various industries in ways that were unimaginable a few years ago”, said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “Fast 50 winners have led the way and I can’t wait to see where they take us next.

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 Awesense - Awesense helps electric utilities optimize their distribution grids by reducing avoidable losses due to theft, errors and inefficiency. Our cloud-based analytics software and mobile IoT devices deliver the fastest, most cost-effective way to protect and recover revenue and reduce losses.
Our customers have reduced losses by 80% in less than 5 years, saving millions of dollars, reducing their environmental footprint and increasing safety.

Contact: Gabriel Keroack | gabriel@awesense.com | 1-888-868-4607 e100
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, Companies-to-Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate) and the Leadership Awards (companies that demonstrate technological leadership and innovation within the industry.) Program sponsors include Deloitte, Aequitas NEO Exchange, Bank of Montreal, Bennett Jones, CBRE, OMERS Ventures and Wellington Financial. 
For further information, visit www.fast50.ca.

 


About Awesense

Awesense helps electric utilities optimize their distribution grids by reducing avoidable losses due to theft, errors and inefficiency – a $100B/year problem globally. Our cloud-based analytics software and mobile IoT devices deliver the fastest, most cost-effective way to protect and recover revenue. Our customers have reduced losses by 50% in under 3 years. For more information, please contact us at info@awesense.com or www.awesense.com.