Ottawa, Ontario, April 23, 2013 – Replicon, the global leader in cloud-based time tracking solutions, today announced that the company has been selected as one of the top 150 leaders in the Branham300, an annual ranking of the leading information and communication technology companies in Canada. The Branham300 is the definitive listing of Canada’s top publicly traded and privately held Information and Communication Technology (ICT) companies, as ranked by revenues.
According to the Branham Group, the industry analyst firm covering the global ICT marketplace, Canada’s ICT industry continued to move forward in 2012 at a modest pace, as cumulative revenues for the Top 250 Canadian ICT companies increased by 0.46 percent to $83 billion. While Canada’s ICT sector advanced only slightly in 2012, the $83 billion set a new revenue record. The Software category experienced modest gains of 0.31 percent, largely due to the continued acquisition activity seen across the industry.
“We’re very pleased to see continued growth in the ICT sector across Canada, particularly amongst high-growth technology leaders such as Replicon,” said Wayne Gudbranson, president and CEO of Branham Group. “Replicon is one of the leading innovators in cloud-based technology in Canada and we look forward to seeing the company’s continued growth and strong revenue performance contribute to the overall vitality of the Canadian software market.”
“Replicon is honored to be included in the Branham300 again this year,” said Raj Narayanaswamy, co-founder and co-CEO of Replicon. “We’re excited about our continued software industry leadership in cloud-based time tracking and grateful to our customers which include some of the leading innovators in Canada using Replicon solutions to drive increased productivity and profitability in the workplace.”