Vention introduced as considered one of Deloitte’s Know-how Quick 500 program winners for 2022

A single-digital surroundings that empowered producers to develop into automation specialists

MONTREAL, Nov. 17, 2022 /PRNewswire/ – Vention, the main digital manufacturing automation platform (MAP), was acknowledged for the second time as a part of the 2022 Deloitte Know-how Quick 500 award program for its fast income progress, entrepreneurial spirit, and daring innovation.

Celebrating its twenty fifth anniversary, this system acknowledges Canada’s 500 fastest-growing know-how corporations based mostly on the very best revenue-growth share over the previous 4 years. Vention ranks 143 with a 964% % in income progress from 2018 to 2021.

Vention is democratizing the $180B+ industrial automation market. Since 2016, Vention has empowered high-mix producers to implement industrial automation by way of cloud software program and a modular {hardware} ecosystem. The self-serve platform combines a set of easy-to-use engineering software program and plug-and-play automation elements, enabling manufacturing professionals to design, order, and deploy automated gear by themselves straight from their internet browsers, erasing the boundaries between the digital and bodily worlds.

“Vention’s mission to democratize industrial automation has by no means been extra related. With labor scarcity, wage inflation, and re-shoring of manufacturing, producers are searching for new, revolutionary options to automate their manufacturing unit ground,” stated Etienne Lacroix, CEO and Co-Founding father of Vention. “With a deal with ease of use, Vention’s manufacturing automation platform (MAP) has empowered all manufacturing professionals to develop into automation specialists.”

“It is inspiring how this 12 months’s distinctive cohort of Know-how Quick 50 winners have delivered excellent income progress even within the face of prevailing uncertainties within the economic system and market,” commented Anders McKenzie, companion and nationwide chief for the Know-how Quick 50 program at Deloitte Canada. “Fueled by exemplary innovation, creativity, resilience, adaptability, together with superior enterprise management, these corporations are paving the best way as catalysts of their respective sectors and delivering progress and worth to the Canadien economic system each at house and past.”

To qualify for the Deloitte Know-how Quick 500 rating, corporations should have been in enterprise for no less than 4 years, have revenues of no less than $5 million, be headquartered in Canada, personal proprietary know-how, conduct analysis, and improvement actions in Canada and make investments a minimal of 5 % of gross revenues in R&D.

In regards to the Deloitte Know-how Quick 50™ program

The Deloitte Know-how Quick 50 program is Canada’s pre-eminent know-how awards program. Celebrating its twenty fifth anniversary, this system acknowledges enterprise progress, innovation, and entrepreneurship in 4 distinct classes: Know-how Quick 50 rating, Enterprise Quick 15, Clear Know-how, and Firms-to-Watch. This system additionally acknowledges corporations throughout the North American Know-how Quick 500 rating, figuring out thriving know-how corporations in the US and Canada. The 2022 program sponsors embrace Deloitte, RBCx, Osler, EDC, CBRE, Vector Institute, Council of Canadian Innovators (CCI), Readability Recruitment, Lafond, and TMX. For additional info, go to www.fast50.ca.

About Vention

Vention helps among the most revolutionary producers automate their manufacturing flooring in only a few days by way of a democratized person expertise. Vention’s online-first manufacturing automation platform permits shoppers to design, automate, order, and deploy automated gear straight from their internet browsers. Vention is headquartered in Montreal, Canada, with new workplaces in Berlin and Boston. The 260-person firm serves 3,000+ clients on 5 continents and 25 manufacturing industries. To study extra, go to vention.io or observe us on LinkedIn.

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