Motoinsight was recognized for rapid revenue growth, bold innovation and
its entrepreneurial spirit with a Deloitte Technology Fast 50 program
award. The Fast 50 program honours 50 Canadian technology companies with
the highest revenue-growth percentage over the past four years.
Motoinsight ranked No. 35 with a 626 percent in revenue growth from 2013
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.
Motoinsight’s CEO Andrew Tai credits the company’s unique vision for
delivering a better car buying experience and deep collaboration with
leading automakers and dealerships with the company’s 626 percent
Tai said, “Buying a car is one of the last major retail experiences that
has yet to experience significant disruption, but the ways consumers
want to shop are evolving ever more quickly. Our MotoCommerce™
omni-channel retailing platform enables traditional automakers and
dealerships with the technology to adapt and deliver best-in-class
purchasing experiences that can rival Tesla, Apple and Amazon.”
“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 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 Motoinsight – Motoinsight’s flagship digital retailing
platform MotoCommerce™ enables revolutionary omni-channel and e-commerce
enabled car buying experiences. Motoinsight data and technology are used
by nearly every automaker, over 900 dealership franchises and the
largest banks and insurance companies. Across its portfolio of owned and
partnered automotive websites, Motoinsight also has one of the largest
audiences of in-market new vehicle buyers which include premier brands
such as Unhaggle, Consumer Reports, Globe Drive, Driving.ca, Black Book
and others. The company is headquartered in Toronto, Canada and was
founded in 2011. For further information, visit www.motoinsight.com.