SOURCE: uptime software

uptime software

September 23, 2010 12:48 ET

uptime software Ranked the 40th Fastest Growing Technology Company in Canada in the Deloitte Technology Fast 50™

TORONTO--(Marketwire - September 23, 2010) -  uptime software today announced its ranking among the Deloitte Technology Fast 50™, a ranking of the 50 fastest growing technology companies in Canada, based on the percentage of revenue growth over five years. uptime software, known for its software solution 'up.time' (deep, easy-to-use systems management and server monitoring software designed for mid-enterprises), increased its revenues by 497 percent from 2005 to 2009 resulting in a number 40 ranking.

For over 13 years, the Deloitte Technology Fast 50™ program has tracked the successful growth of Canadian-grown global leaders. Now Canada's pre-eminent technology award program, the Deloitte Technology Fast 50™ augments the broader Deloitte North American Technology Fast 500 initiative, with winners automatically eligible for this elite ranking.

"Canadian technology companies have demonstrated some very impressive growth numbers over the past year, amid the challenges of an uncertain global economic recovery," said John Ruffolo, National Leader, Technology, Media & Telecommunications Industry Group, Deloitte. "uptime software is an example of the determination, drive and skill that will serve to position them for further growth and success in the years to come."

uptime's CEO, Phil Didaskalou, credits the 497 percent revenue growth with the ability of its product, up.time, to provide medium enterprises with deep monitoring capabilities across virtual, physical and cloud resources and applications to help ensure service levels to business users. up.time offers a single pane of glass dashboard providing end-to-end infrastructure, application, and service monitoring, combined with proactive outage avoidance capabilities, that can be deployed in as little as one day.

"Our company growth hinges on the success of our customers and being named to the prestigious Fast 50 underscores uptime's momentum in the systems management space," said Didaskalou. "This award is once again testament to our deep commitment to offering an end-to-end solution for monitoring system performance. Where competitors offer point tools that perform one task, up.time does it all."

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.

If you would like to learn more about uptime software, please visit us online at www.uptimesoftware.com

About uptime software
uptime software inc. is a privately held corporation founded in 2001 and headquartered in Toronto, Canada. With over 700 clients in 32 countries, uptime is a premier provider of systems management software for virtual server monitoring and physical server monitoring, capacity planning, and service and application monitoring. Visit us online at www.uptimesoftware.com

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 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, GrowthWorks, TMX Group, Wellington Financial, HKMB Hub International, National Angel Capital Organization, CVCA, MaRS and IGLOO Software. For further information, visit www.fast50.ca.

Contact Information

  • Contact:
    Scott Lechner
    Kulesa Faul for uptime software
    650-340-1987
    Email Contact