Xylotek Solutions Named to PROFIT Magazine’s PROFIT 200 List
IT Company Ranks 101 on list of Canada’s Fastest-Growing Companies
(CAMBRIDGE – June 1, 2011) – Xylotek Solutions, a full-service, IT consulting firm, has been named one of Canada’s Fastest-Growing Companies in the 23rd annual PROFIT 200 ranking by PROFIT Magazine.
With a rapid revenue growth of more than 5300 per cent since its inception in 2005, Xylotek ranked 101 on the PROFIT 200 list of fastest-growing Canadian companies.
“We are deeply honoured to be included on this prestigious list,” said Douglas Grosfield, President and CEO of Xylotek. “When we started the company six years ago, we set out to fill a void in the market by providing the service and peace of mind that our clients needed. We credit our growth to our decision to focus on customer service rather than closing the sale and our ability to attract the best and the brightest.”
Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 200 profiles the country’s most successful growth companies. Published in the Summer issue of PROFIT and online at PROFITguide.com, the PROFIT 200 is Canada’s largest annual celebration of entrepreneurial achievement.
“The PROFIT 200 companies are the innovative, high-growth enterprises Canada needs to compete on the global stage,” said Ian Portsmouth, Editor-in-Chief of PROFIT Magazine. “PROFIT is proud to celebrate their achievements and ambitions, and we encourage all businesspeople to learn more about the many ways they’ve come so far, so fast.”
Xylotek is no stranger to success. Only in its sixth year, Xylotek has received significant recognition for its remarkable achievements. The company made the PROFIT HOT 50 list two years in a row and was recently honoured by the Cambridge Chamber of Commerce with the award for Business of the Year for under 50 employees. Xylotek has also been honoured with awards such as the Greater Kitchener Waterloo Chamber of Commerce Business of the Year for firms with under 20 employees and the Mayor’s Award for Workforce Training and Development from the City of Cambridge. It also earned the 1st Canadian spot and ranked 3rd in North America in the 2010 Best Tech Workplaces.
About Xylotek Solutions: Xylotek Solutions is a full-service, IT consulting firm with a focus on system and network administration. Now in its sixth year, the company has over 200 active clients from a wide variety of sectors – insurance, healthcare, manufacturing, transportation, automotive, government, and charitable organizations. Xylotek’s extensive pool of partners and vendors allows for a comprehensive offering using the best business solution. These include: Gold Partner for CA, Silver Partner with Microsoft, VMware Partner, Silver Level Partner with Citrix, Application Monitoring Space Partner with eG Innovations, IBM Advanced Partner, Oracle Gold Level Partner, HP Partner, Symantec Partner, FortiNet Gold Partner, Barracuda Platinum Partner and Cisco Partner. Xylotek is working toward its Premier Level Partnership with IBM.
About PROFIT Magazine: 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 29 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.
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