Canadian Business and PROFIT today ranked Geotab No. 212 on the 29th annual PROFIT 500, a ranking of Canada’s fastest-growing companies. Published in the October issue of Maclean’s magazine and at CanadianBusiness.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.

Geotab made the 2017 PROFIT 500 list with five-year revenue growth of 302%.

“It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

“Geotab is honoured to be on the PROFIT 500 ranking,” says Neil Cawse, Geotab's CEO. “This achievement reflects the strength of our technology, our commitment to innovation and the continued dedication of our team.”

Geotab’s smart transportation solutions help businesses of all sizes, including many Fortune 500 companies, improve driver and vehicle productivity, safety, fuel consumption, and regulatory compliance. Today, Geotab leads the industry in processing nearly 2 billion data points daily. Geotab’s solutions are currently used in more than 750,000 vehicles worldwide with approximately 20,000 new users added each month.