MONTREAL, May 2, 2012 /CNW Telbec/ - iWeb ranks 107th in the 2012 edition of Branham300, the annual list of the 300 largest Internet and Communications Technology (ICT) companies in Canada, based on revenue. iWeb, who incidentally provides cloud computing infrastructure to several of the companies that made this year's ranking, continues its climb, from 241st in 2006 to 107th in 2012.
"First things first: congratulations to all our clients and partners who made it into the 2012 ranking!" says Eric Chouinard, iWeb President and Chairman, recently back from a trade mission in Brazil.
The company's 2011 revenues exceeded US $36M, up 24% from $29.5M in 2010.
"This year's ranking suggests that the Canadian technology industry is in good shape, a very promising indicator for our future growth in the Canadian market," adds Chouinard, who co-founded the Montreal-based IT Infrastructure company in 1996 with Martin Leclair. "We are delighted to be recognized among the leading Canadian IT companies, and we are particularly proud that our 24% growth rate compares very well with the ranking's 11.75% average. It would be great to break into the Top 100 next year! "
According to the Branham Group, Canada's ICT industry got back on track in 2011, as cumulative revenues for the Top 250 Canadian Tech companies combined to set a new Branham300 revenue record in 2011, increasing sales by 11.75% to $82.62B. The previous year's growth was only 3.66%.
Since its inception, iWeb has created over 200 jobs, opened four IT and data centers in Montreal and, after being publicly-traded for eight years, completed its privatization in June of 2011. iWeb recently released a new "kinder" Cloud Server service, powered by its Smart Layer technology. Furthermore, it ranked 18th among the 42 Quebec companies who made it into the 2012 ranking and has no intention of slowing its financial or technological growth.
About iWeb (iWeb.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.
About Branham Group Inc.
Branham Group Inc. is a leading industry analyst and strategic consulting company servicing the global information, communication, and entertainment (ICE) technology marketplace. Branham Group assists technology companies and related institutions in achieving market success through its custom consulting services (Planning, Marketing and Partnering), and through its multi-client research subscription programs (Digital Health, Green IT and Cloud). Branham also produces an annual listing of the top ICT companies in Canada (www.branham300.com) and monitors over 450 Digital Health vendors.
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