10 Canadian Tech Companies to Watch

Posted by Knowlton Thomas

Today PwC announced that Wattpad has been awarded the 2012 Innovator of the Year Award.

Cofounded by Allen Lau and Ivan Yuen, Wattpad provides a free way for people to read fiction and share creative writing on any type of web and mobile device. The Canadian company won our own Best Overall Canadian Startup of the Year award last year.

“Wattpad is a terrific example of a game changing technology solution that is a winner not only because of its incredible innovation but also because of the company’s ability to hit the ground running, going after a large market with a sound business plan,” says Eugene Bomba of PwC’s Emerging Technology Company practice.  

Wattpad has grown to 10 million unique users in 2012, who spend about 2.4 billion minutes per month on average with the service (70% from mobile devices), with 8 million stories shared.

“We saw an opportunity to fundamentally re-invent the way the publishing industry has traditionally worked, making it easier to share and exchange content between storywriters and readers,” says Allen. “We are excited to be awarded the 2012 Innovator of the Year Award."

The Innovator of the Year Award acknowledges the company that has best demonstrated the commercialization of an innovative technology solution. Nominees must showcase an innovation that is new, unique and demonstrates customer acceptance.

Quebec-based Acquisio and Toronto-based Infusion were runners-up.

Below is PwC's list of 10 Canadian tech startups worth watching.

1. Wattpad – Toronto
2. Acquisio – Brossard
3. Infusion – Toronto
4. 500px – Toronto
5. BroadbandTV – Vancouver
6. Mobovivo – Calgary
7. N8 Identity – Burlington
8. Nulogy – Toronto
9. UXP Systems – Toronto
10. Vana Workforce – Burlington

(Yes, seven out of 10 are based in Ontario. Remind you of something?)

“The strength of these companies is a reflection of Canada's tech startup community, which has reached a new level of growth and maturity," Eugene says. "Startup CEOs are optimistic and the majority continue to take an aggressive approach to business planning and execution, while understanding that innovation takes many forms—from improving on what already exists to completely disrupting an industry.”

Company:
BroadbandTV
Website:
http://www.broadbandtvcorp.com
Location:
Vancouver, British Columbia, Canada

BroadbandTV is a media & technology company that brings together content owners, network operators and advertisers to create economically sustainable online and mobile video business models. BroadbandTV specializes in the aggregation, optimization, protection and monetization of video content. BroadbandTV creates compelling distribution opportunities for its content partners and income generation opportunities for... more

Company:
Infusion
Website:
http://www.infusion.com
Location:
Toronto, Ontario, Canada

Infusion combines expert software engineering with appealing user experience design to solve business problems for the world’s largest corporations and government organizations. Through a combination of enterprise development, innovative design, and a commitment to emerging technologies, Infusion delivers a full suite of information technology services including: custom architecture, training and mentoring,... more

Company:
Mobovivo Inc.
Website:
http://www.mobovivo.com
Location:
Calgary, Alberta, Canada

Mobovivo is a team of TV producers and talented software engineers that turn the TV industries biggest threat - mobile devices pulling audiences away from TV - into their greatest asset - ad revenue. more

Company:
Acquisio
Website:
http://www.acquisio.com
Location:
Montréal, Québec, Canada

Acquisio Inc. is a SaaS (software as a service) company that offers a pay-per-click (Google Adsense, Yahoo! Search Marketing, etc.) management software designed specifically for advertising agencies. The company was founded in 2003 as an interactive agency specializing in Search Engine Marketing (SEM) and eventually began building software tools for its own use in order to serve its growing customer base. In 2006,... more

Company:
Wattpad
Website:
http://www.wattpad.com
Location:
Toronto, Ontario, Canada

Great stories bring people together! Wattpad is the world's largest community for discovering and sharing stories. It's a new form of entertainment connecting readers and writers through storytelling, and best of all, it's entirely free. With thousands of new stories added every day, an incredibly active community of readers, and the ability to read on your computer, phone, or tablet, Wattpad is the only place... more

Company:
500px Inc.
Website:
http://www.500px.com
Location:
Toronto, Ontario, Canada

500px is a photo community powered by creative people worldwide that lets you discover, share, buy and sell inspiring photographs. The first version of 500px came to light in the early days of digital photography. At that time, everything was slightly different — the Internet was slower, 3.2 megapixel cameras were the latest buzz, digital photographers were just getting acquainted with their tools, and 500 pixels... more

Nulogy is a leading provider of specialized solutions for complex supply-chain challenges. Nulogy has deepened this commitment by taking an active role in the industry’s key organizations. Nulogy provides a high level of customer service, in both product development and technical support. Our team ensures that customers’ needs are not only met, but exceeded. more

Company:
UXP Systems
Website:
http://www.uxpsystems.com
Location:
Toronto, Ontario, Canada

UXP Systems' Multiscreen Interaction Platform (MINT is the industry's first and leading enterprise platform to cut time to market, complexity and cost in enabling a consistent, rich and intuitive multi-play, multi-device service experience. more

Company:
Vana Workforce
Website:
http://www.vanaworkforce.com
Location:
Burlington, Ontario, Canada

Vana HCM is a completely integrated HR solution for Small Medium Businesses on the Force.com platform, this means that your business gets everything HR ie. CoreHR, Recruiting, Employee Self-Service and more! Why Vana HCM meets all your SMB needs: Integrated HR Solution We provide a complete hire to retire solution that covers all your HR needs, our solution is not piecemeal your small business will have access to... more


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Knowlton Thomas

Knowlton Thomas

Knowlton is the managing editor of Techvibes. Based in Vancouver, Knowlton has been published in national publications and has also appeared on television and radio. Previously he was an editor for New Westminster weekly The Other Press and served on its board of directors. When not working, Knowlton enjoys playing tennis or otherwise enjoying the outdoors. more



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