Extreme Grows 4810 Per Cent In Five Years
On average, the top 10 companies tripled revenues and doubled their workforces over the past 24 months. According to the Deloitte survey findings, <?xml:namespace prefix = st1 ns = “urn:schemas-microsoft-com:office:smarttags” />Canada’s fastest growing technology companies increased their R&D investments over the last year by more than 26 per cent. On average, these companies invested $5.3 million
annually in R&D operations, with approximately 18% of their sales revenues re-invested in R&D each year. The survey findings also revealed that Fast 50 winners have expanded R&D hiring by 80% over the last year, compared to 2002. These findings reiterate the positive long-term market outlook shared among the Fast 50 winners.