Intellijoint Surgical Ranks Number 1 on Deloitte’s Technology Fast 50™ Companies List
[Kitchener, Ontario - November 18, 2020]
Intellijoint Surgical is presented the Deloitte Technology Fast 50™ program award for its rapid revenue growth, entrepreneurial spirit, and bold innovation. The program recognizes Canada’s 50 fastest-growing technology companies with the highest revenue-growth percentage over the past four years. Intellijoint Surgical ranks 1st with a 19,311 percent revenue growth from 2016 to 2019.
The Deloitte Technology Fast 50 program winners consist of public and private companies in the technology sector, which have transformed the industry. Now in its 23rd year, the program runs alongside the broader Deloitte North American Technology Fast 500™, with winners automatically eligible for this elite ranking.
Intellijoint’s CEO Armen Bakirtzian credits the simplicity and elegance of Intellijoint’s mini-navigation technology and the clear need by orthopaedic surgeons worldwide with the company's 19,311 percent revenue growth. “We set out to improve patients’ lives by providing every surgeon with effective, easy to use technology.” Bakirtzian said, “It is an honour to be recognized as Canada’s fastest-growing company and I want to thank our growing team for your commitment to realizing our mission.”
“This year’s Fast 50 winners should be especially proud of this designation, as their role in the fabric of Canadian business—particularly during these turbulent times—is crucial,” said Erica Pretorius, partner and national leader for the Technology Fast 50 program at Deloitte Canada. “Their bold vision and true commitment to innovation allow them to not only improve today’s world, but also shape tomorrow’s, despite the constant uncertainty. This year’s winners are proving themselves resilient, innovative and adaptable, all in an unpredictable year defined by economic instability and the continuing public health crisis.”
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 distinct categories, including the Technology Fast 50 ranking, Enterprise Fast 15, and Companies-to-Watch. The program also recognizes companies within the North American Technology Fast 500 ranking, identifying technology companies in the United States and Canada. The 2020 program sponsors include Deloitte, RBC, CBRE, Clarity Recruitment, and Lafond. For further information, visit www.fast50.ca.
About Intellijoint Surgical
Intellijoint Surgical develops and commercializes surgical navigation solutions for total joint replacements. It is committed to improving patients’ lives by providing every surgeon with effective, easy-to-use technology. Intellijoint HIP and Intellijoint KNEE smart navigation applications are both delivered through the Intellijoint Navigation System. It is a fast and easy-to-use, surgeon-controlled system that provides real-time measurements to optimize implant alignment and positioning during total hip and knee replacement surgery to help improve patient outcomes. For more information on Intellijoint Surgical visit www.intellijointsurgical.com.