Vena recognized for its innovation, creativity and potential for long-term success
Toronto, Canada, May 01, 2014 – Canada’s information and communication technology (ICT) sector continues to thrive, as evidenced by The Branham Group’s 2013 survey results.
According to their recently released report, the Canadian technology sector saw record growth in 2013: cumulative revenues for the Top 250 Canadian ICT companies increased by 2.4% to $85 billion.
Vena Solutions is proud to be one of Branham’s Top 25 Canadian Up-and-Coming ICT Start-ups for 2014.
The list is part of the prestigious Branham300 listing and honors Canadian companies that demonstrate the unique combination of innovation and creativity critical to long-term success.
“We are very excited about making Branham’s list of the Top 25 Up and Coming Canadian ICT companies,” says Rishi Grover, President of Vena Solutions.
“This distinction marks the third time in less than six months that Vena has been recognized by a major technology consultancy,” he adds.
“Vena is seeing rapid growth, not only in Canada, but in markets around the world,” explains Don Mal, CEO of Vena Solutions. “We are proud to be listed alongside other Canadian companies poised for future growth.”
According to Branham’s official report, nearly 96% of Canada’s Top 250 ITC companies are headquartered in Ontario, Quebec, British Columbia or Alberta.
These provinces generated almost 98% of the Top 250’s total revenues in 2013.
The report concludes: “Canada has shown time and time again that it produces some of the world’s best start-ups filled with talented individuals.”
Companies selected for inclusion in Branham’s list are recognized for being on the cutting edge of technological advancements, pushing the limits of existing markets and paving the way in new areas, such as cloud computing.
Vena has grown immensely over the past year and expects to more than double its revenue and client base in 2014.
Vena continues to sign major North American companies in the energy, banking, and retail sectors as well as industry leading clients and partners in South Africa, Asia and the Caribbean.
ABOUT VENA SOLUTIONS:
Vena Solutions has redefined how companies automate their most mission-critical finance, accounting and business processes. Our platform embraces the best of Microsoft® Excel®, extending and evolving its capabilities to create a next-generation enterprise solution that is powerful, yet intuitive. Vena is a first-to-market solution that offers the most comprehensive suite of cloud-based corporate performance management (CPM) capabilities with a quick deployment methodology – all without compromising what you love best about Excel.
ABOUT BRANHAM GROUP, INC.:
Branham Group, Inc. is a leading industry analyst and strategic marketing company servicing the global information and communication technology (ICT) marketplace. Branham Group assists ICT 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 (http://www.branham300.com) and monitors over 450 Digital Health vendors (http://www.branhamgroup.com/digitalhealth).
For further information, please contact:
Vice-President, Consulting Services
613-745-2282 Ext. 117
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