Cloud and server hosting company ranks 82nd with 605% growth over 5 years
MONTREAL, June 6, 2012 /CNW Telbec/ - iWeb has been ranked as Canada's 82nd fastest growing company in the 24th annual PROFIT 200 ranking of Canada's Fastest-Growing Companies by PROFIT Magazine. iWeb
joins an exclusive group of only 14 companies on this year's ranking
who have achieved at least five appearances on the list.
Ranking Canada's Fastest-Growing Companies by five-year revenue growth,
the PROFIT 200 profiles the country's most successful growth companies.
The challenge of sustainable growth
iWeb, who provides Cloud service and Internet hosting services from its four (4) Data centers in Montreal, grew its revenue
605%, from $8.8M in 2007 to $35.5M in 2011.
"We are very, very proud to be ranked on the PROFIT 200 for a fifth
consecutive year, 2011 has probably been our busiest yet!" says iWeb
CEO Eric Chouinard, who adds that "As iWeb continues to grow, maintaining high-percentage
revenue growth becomes more complex, as everything else - like staff
and IT infrastructure - must scale and grow proportionally. This is
only possible thanks to our team's dedication, collaboration and
relentless desire to innovate and succeed; congratulations to every one
of our 229 employees!"
Earlier this year, shortly after announcing a new, "kinder" Cloud server service, iWeb took another step towards its mission to grow into a $100 Million
dollar company when it appointed former Bell Canada and SUN
Microsystems VP Christian Primeau to President and Chief Operating Officer.
iWeb's progress in the PROFIT 200 ranking (formerly Profit 100):
5-year revenue growth
About PROFIT Magazine:
PROFIT: Your Guide to Business Success is Canada's preeminent
publication dedicated to the management issues and opportunities facing
small and mid-sized businesses. For 30 years, Canadian entrepreneurs
and senior managers across a vast array of economic sectors have
remained loyal to PROFIT because it's a timely and reliable source of
actionable information that helps them achieve business success and get
the recognition they deserve for generating positive economic and
social change. Visit PROFIT online at PROFITguide.com
iWeb provides the on-demand server and cloud infrastructure that allows over 20,000 customers worldwide to deliver today's
Internet-based technologies and to create tomorrow's online
innovations. Since 1996, Montreal-based iWeb has been rated among the
world's top web infrastructure providers based on performance and reliability and among Canada's fastest growing companies.
SOURCE IWEB GROUP INC.
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