Eddyfi Technologies among Fastest Growing North American Tech Companies

From: Thursday, November 30, 2017

For the third year in a row, Eddyfi is on Deloitte’s annual Technology Fast 500™ ranking

Eddyfi Technologies is proud to announce that it was included, for the third time in a row, on Deloitte’s prestigious Fast 500™ ranking.

For more than two decades, Deloitte has recognized the fastest-growing public and private companies through the Technology Fast 500™, a program that celebrates innovative and rapidly growing technology, telecommunications, life sciences, and energy tech companies in North America. These rankings are based on the percentage fiscal year revenue growth over four years, from 2013 to 2016.

Since its foundation in 2009, Eddyfi Technologies has grown from a five-employee start-up to an over 250-employee company by expanding its application scope from the power generation industry to oil and gas, aerospace, and other markets. Furthermore, the company also recently proceeded with major acquisitions, further growing its product and technology portfolios. Eddyfi chooses to be very aggressive in innovation and product development, with more than 30 % of its staff dedicated to R&D efforts, and a significant portion of its revenues invested towards that endeavor. Over the years, the company brought to market game-changing products such as the Ectane®, Reddy®, and Lyft® instruments, as well as unique probes that redefine, day after day, the limits of NDT.

“Being part of this ranking, once more, is very exciting. It is concrete proof of the sustained growth of our company and of all the efforts deployed by our team to achieve it,” says Martin Thériault, president and CEO of Eddyfi Technologies. “Through this intense period since we started our business, we remained a customer-centric, innovation-driven company with the goal to push back the limits of NDT technologies by developing new solutions offering the most value to our customers. This is the key to what led us to be part of the Fast 500 group for the third year in a row,” adds Mr. Thériault.

Read the Deloitte release about the ranking here:

www2.deloitte.com

About Eddyfi Technologies

Eddyfi Technologies maximizes the potential of multiple advanced NDT inspection technologies. It focuses on offering high-performance NDT solutions for the inspection of critical components and assets through four complementary brands and product lines: Eddyfi, Silverwing, Teletest, and TSC. Eddyfi Technologies serves customers in more than 80 countries in such major industries as nuclear, power generation, oil & gas, and aerospace. The group employs more than 250 people and leverages 10 centers of excellence and sales offices worldwide, all staffed by NDT experts.

About the Deloitte Technology Fast 500™

Deloitte’s Technology Fast 500™ awards program is a leading technology awards program in North America. It has been recognizing the fastest growing public and private technology, media, telecommunications, life sciences, and energy tech companies in North America for more than 20 years. Fast 500 companies—large, small, public, and private—define the cutting edge, transform the way business is done, combine technological innovation, entrepreneurship, and rapid growth, and are disrupting the technology industry.