Ranks No. 138 on the 2013 PROFIT 500 with 496 Percent 5-Year Revenue Growth
MONTREAL AND CHICAGO - June 3, 2013 - Haivision today announced that the company has been named to PROFIT Magazine's PROFIT 500, the definitive ranking of Canada's Fastest-Growing Companies.
Haivision, a provider of technology solutions for streaming, recording, managing, and distributing secure IP video, was ranked 138 on the PROFIT 500 list with five-year revenue growth of 496 percent.
Headquartered in Montreal and Chicago, with approximately 200 employees worldwide, Haivision's consistent growth has been driven by increasing demand for end-to-end solutions that make video easy to manage and distribute throughout the enterprise. With more than 20,000 systems fueling the world's top organizations with HD video, Haivision technology is deployed within thousands of organizations, including the world's leading healthcare facilities, educational institutions, multinational companies, and government agencies. Haivision's video streaming solutions have also powered numerous Internet streaming broadcasts, including the London 2012 Olympic Games and SXSW.
Over the last year, Haivision's momentum has been highlighted by the launch of new enterprise video solutions like the Haivision Video Cloud, a comprehensive online video platform, which simplifies the complexity of managing and publishing video for Internet viewers, and the Makito X series, the market-leading, high-performance encoding platform.
"With a surge in demand for video in the enterprise and increased consumption on mobile devices, our strategic focus on combining on-premise, end-to-end IP video workflow solutions with cloud-based systems has contributed to Haivision's consistent growth and organic profitability," said Mirko Wicha, president and CEO of Haivision. "We are fully committed to addressing the specific needs of our customers and it's great to see our company recognized."
"To celebrate the 25th anniversary of the Fastest-Growing Companies in Canada, the PROFIT 500 has expanded to recognize the entrepreneurial achievements of more than 500 Canadian companies," says Ian Portsmouth, Editor-in-Chief of PROFIT magazine. "PROFIT is proud to now showcase Canada's forward-thinking small business entrepreneurs and honour their talents and innovations."
The PROFIT 500 25th annual list is featured in the summer issue of PROFIT Magazine and online at PROFITguide.com.
About PROFIT Magazine and PROFITguide.com
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 31 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.
Haivision delivers solutions for streaming, recording, managing, and distributing secure IP video and interactive media within the enterprise, education, medical/healthcare, and federal/military markets. Haivision is a private company based in Montreal and Chicago, with technical excellence centers in Beaverton, Ore.; Austin, Texas; Atlanta, Ga.; and Hamburg, Germany. With a global sales and support organization, Haivision distributes its products through value-added resellers, system integrators, distributors, and OEMs worldwide. More information is available at www.haivision.com.
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