Thursday, February 26, 2015

Ready to Rocket Presentation 2015



Here is the briefing provided to investors and advisors of technology companies in Vancouver on February 26th 2015 at Harbour Centre. We are getting a lot of traffic today, so the following link may work better:

http://portal.sliderocket.com/ACPRT/R2R_2015_briefing

MP3 Audio Transcript of Presentation (58MB)




Rocket Builders Names Top Technology Companies To the “Ready to Rocket” lists for 13th Consecutive Year

Ready to Rocket list for 2015 Showcases Technology Sector Strength and Growth on Three Fronts - ICT, Cleantech and Life Sciences

Rocket Builders Names Top Technology Companies To the “Ready to Rocket” lists for 13th Consecutive Year to Highlight Companies with Highest Growth Potential



VANCOUVER, BC – February 26, 2015


Rocket Builders today released its thirteenth annual “Ready to Rocket” lists.  These lists profile British Columbia technology companies that are best positioned to capitalize on the technology sector trends that will lead them to faster growth than their peers. Rocket Builders also released results from its 2014 lists, with strong revenue growth across all sectors and 2 companies being acquired - Pulse Energy acquired by Boston based EnerNOC Inc. and  Medeo Corporation acquired by QHR Corporation. Additionally, Life Science company Aquinox Pharmaceuticals Inc. did an IPO last March.


The annual 2015 “Ready to Rocket” lists provide accurate predictions of private companies that will likely experience significant growth, venture capital investment or acquisition by a major player in the coming year. The lists cover 3 different technology sectors:
     Information and Communications Technology (ICT)
     Cleantech (CT)
     Life Science (LS)


The “Ready to Rocket” lists are the only predictive lists of its kind in North America, requiring many months of sector and company analysis.


“The technology sector continues to grow in B.C. and presents a growing challenge to select and identify the most likely to succeed.” said Geoffrey Hansen, Managing Partner at Rocket Builders. “Ten years ago, the list only featured ICT companies, and that was the fastest growing segment of the technology sector. Now, both the LIfe Science sector and the CleanTech sector have established themselves as equal partners in driving revenue, employment and investment opportunity in B.C.”


“Most of the companies on the Ready to Rocket lists do the majority of their business in the United States,” said Reg Nordman, Managing Partner at Rocket Builders, “The USA Economy is growing, and, along with the weakening Canadian dollar, is expected to give B.C. technology companies a revenue boost next year. In past years when the Canadian dollar weakened, Ready to Rocket companies were able to be more competitive and increase profitability.”


The 2014 Ready to Rocket list for ICT performed extremely well. The median growth rate on that list was 50% growth, with 4 companies exceeding 100% growth. The majority of companies on the list had between 25% growth and 100% growth, and the list as a whole represented the creation of over 287 jobs (51% headcount growth). Over 40% of companies on the list received new investment in 2014. The 2015 list will feature 28 companies, and the list can be found here:
http://www.readytorocket.com/2015/02/2015-ready-to-rocket-ict-list.html

“The number of ICT companies in B.C. continues to grow, with high-profile accelerators contributing to this trend.” said Steven Forth, Senior Partner at Rocket Builders. “The ICT sector as a whole has been driven by the ‘Internet Everywhere’ trend with mobile apps/devices and cloud connectivity, and we see this driving many of the B.C. companies. There are a large number of young growth ICT companies in B.C. maturing to require investment to capitalize on market opportunities.”


The 2014 Ready to Rocket list for Cleantech also performed extremely well, with a median revenue growth rate approaching 100%. The Cleantech list companies created over 100 new jobs, representing over 35% employment growth. The majority of companies exceeded 50% revenue growth and an impressive 80% of the companies acquired new investments in 2014. The 2015 list will feature 17 companies, and the list can be found here:
http://www.readytorocket.com/2015/02/2015-ready-to-rocket-cleantech-list.html

According to Dave Thomas, Senior Partner at Rocket Builders, “The Cleantech sector in B.C. is very strong, and the companies on the list have become well established. These companies benefitted from acquiring key industry partnerships to establish great channels to market. Growth rates are better than any other region in North America.


The 2014 Ready to Rocket list for Life Science featured many new investments and key milestones. Revenue growth was over 100% for all companies on the list, and the majority of companies at least doubled their headcount. The 2015 list will feature 10 companies, and the list can be found here:
http://www.readytorocket.com/2015/02/2015-ready-to-rocket-life-science-list.html

Thealzel Lee, Senior Partner at Rocket Builders, says that “2014 has seen significant investments in BC’s life science companies, and advances in progress has increased revenue and headcount. The major trends influencing this sector include evolving regulatory issues, the need for efficiency in healthcare delivery, and the ongoing convergence with IT technologies.”

2015 Ready to Rocket ICT List

The 2015 selections for the ICT Ready to Rocket list are as follows:

1to1Real Process Technologies, LTD (CMaeON)
Allocadia Software Inc.
Buyatab Online Inc.
Themis Solutions Inc. (Clio)
Collabware Systems Inc.
Colony Networks, Inc
ePACT Network Ltd.
Eventbase Technology Inc.
Fulcrum Management Solutions Ltd (Thoughtexchange)
Iamota Corporation
Jostle Corporation
Kashoo Cloud Accounting Inc
Lambda Solutions Inc.
MediaCore
Prizm Media Inc
Recombo Inc
Recon Instruments Inc
Response Tek Networks Corp
Simba Technologies Inc.
Slack Technologies, Inc.
Star Solutions International Inc.
Tasktop Technologies Inc.
Time.ly Network Inc
Visier Inc.
Voxter Communications Inc.
Wishpond Technologies Limited
WTFast

2015 Ready to Rocket Cleantech List

The 2015 selections for the Cleantech Ready to Rocket list are as follows:

Aquatic Informatics Inc.
Awesense Wireless Inc.
Axine Water Technologies, Inc.
Bit Stew Systems Inc.
Cooledge Lighting Inc.
dPoint Technologies Inc.
Golden Environmental Mat Services
Quadrogen Power Systems, Inc.
Rainforest Automation Inc.
S2G Biochemicals Inc
Saltworks Technologies Inc.
SemiosBIO Technologies Inc.
Solegear Bioplastics Inc
Sun Central
Neurio
Mazza Innovation Ltd.
First Light Technologies

2015 Ready to Rocket Life Science List

The 2015 selections for the Life Science Ready to Rocket list are as follows:

Augurex Life Sciences Corp.
Ayogo Health, Inc.
Bionic Power Inc.
Lungpacer Medical Inc.
MedGenesis Therapeutix Inc.
MSI Methylation Sciences Inc.
PHEMI Health Systems Inc.
Precision NanoSystems, Inc.
Qu Biologics Inc.
Vanrx Pharmasystems Inc.

2015 ICT Emerging Rockets

The 2015 selections for the ICT Emerging Rockets list are as follows:

Bitlit Media
Burton Software Inc. (Icicle)
COMMANDWEAR SYSTEMS INC.
EDP Software
Envisio Solutions Inc.
Foodee Media Inc.
FusionPipe Software Solutions Inc.
Giftbit
Invionics
lazymeal Inc.
Marine Learning Systems Inc.
Marketing.ai
Monexa Services, Inc.
myBestHelper™ Solutions Inc.
Optigo Networks Inc.
Parkbench
Pinshape
ReferralSaaSquatch.com Inc
Scoop® MAE
Send with Us
StreetText
TeamFit (Nugg Solutions Corp.)
Thinkific Labs Inc.
TSO Logic Inc.
Vandrico Solutions Inc.
Victory Square Games Inc.
Vidigami Inc.
Wimatek Systems, Inc.
Youneeq

2015 Cleantech Emerging Rockets

The 2015 selections for the Cleantech Emerging Rockets list are as follows:

Clad Innovations Ltd. (TZOA)
Clear Metals Inc
DarkVision
Diacarbon Energy Inc
ElectroMotion Energy Corporation
ELIX Wireless
Encepta
Etalim Inc.
Farm at Hand
General Fusion Inc.
iDUS Controls
Enterra Feed Corporation
Nanozen Safety
Ronin8 Technologies Ltd.
Solaris Geothermal Inc. (Sun Pump)
Spire Wireless
Switch Materials Inc.
TBF Environmental Technology Inc.
Terella Energy Systems Ltd.

2015 Life Science Emerging Rockets

The 2015 selections for the Life Sciences Emerging Rockets list are as follows:

Aspect Biosystems Ltd.
Curatio Networks Inc.
eHealth Global Ltd.
Fusion Genomics Corporation
Kairos Therapeutics Inc.
LightIntegra Technology Inc.
MetaOptima Technology Inc.
NucleusLabs Information Technologies (Canada) Ltd.
Target Tape
Snug Vest (Wearable Therapeutics Inc)

Tuesday, December 16, 2014

2015 Call for Nominations

Have a "hot" growth company in the technology sector you want the world to hear about? Nominate them to BC's 13th Annual "Ready to Rocket" list.

Rocket Builders is Seeking Nominations for the 2015 "Ready to Rocket" and "Emerging Rockets" Lists. This recognition program will showcase companies in ICT, CleanTech and Life Science sectors and will be presented February 26 2015. Rocket Builders is joined by Colliers International, Fasken Martineau, Go Recruitment, Garibaldi Capital, PWC, and Innovate Calgary in welcoming new nominations.

BC is home to many of Canada's most exciting technology companies. Rocket Builders has built a unique methodology for analyzing market trends and using this knowledge to predict revenue growth in the coming year. Each year Rocket Builders publishes lists which profile the BC companies that have the greatest potential in the coming year.

The "Ready to Rocket" Lists feature top technology companies that are best positioned to capitalize on the largest growth trends in the technology industry. This upcoming list will be the 13th year of this recognition list. We expect that companies selected to the "Ready to Rocket" list will outperform the economy and represent important trends that are creating rapid revenue growth.

We are seeking nominations for the 2015 "Ready to Rocket" lists that we will present on February 26th 2015. Nomination deadline is February 20th 2015, but submission as soon as possible will allow the selection committee more time to consider your nomination.

Nominate Now!

What are we looking for in "Ready to Rocket" companies?

CleanTech Ready to Rocket List for 2015

To qualify for nomination, a company must be beyond the proof of concept stage - customer validation, scalable demonstration project, and established industry relationships.

The selection committee is looking for companies that have the potential for 50% to 100% growth in the coming year, and are in good position to leverage industry trends or key industry partnerships.

CleanTech includes Renewable Energy (wind power, solar power, biomass, hydropower, biofuels), Green Transportation, Electric Motors, Green Chemistry, Lighting, Environmental Protection (air, water, soil) and any innovation that improves energy efficiency.

Life Sciences Ready to Rocket List for 2015

To qualify, a company must be entering a breakthrough stage in their maturity - customer validation, regulatory approval, and established industry relationships.

The selection committee is looking for early indicators of long-term potential and increasing shareholder value, such as passing key regulatory hurdles and achieving related validation steps.

Life Sciences Technology includes Biotechnology, Pharmaceuticals, Medical Devices, Healthcare Information Technology and other innovations improving health.

ICT Ready to Rocket List for 2015

To qualify for nomination, a company must have more than $500K in revenue and a growing base of customers.

The selection committee is looking for companies that have the potential for 50% to 100% growth in the coming year, and are in good position to leverage industry trends or key industry partnerships.

ICT includes Information, Communications, Wireless, New Media and Internet technologies.

Nominations

Nominations can be submitted online at: http://www.readytorocket.com/p/nominations.html

Please nominate a company even if the company is "too early" to qualify as Rocket Builders also recognizes emerging companies. Many promising companies are too early in commercialization, too early in first revenues, or in transition to new markets or business models. Based on the potential of their technology alone, Rocket Builders recognizes their potential in a "Emerging Rockets" list. These companies represent companies to watch over the next few years and are likely to mature into "Ready to Rocket" companies.

Wednesday, November 5, 2014

Press Release - Mid Year Review of the 2014 Ready to Rocket List

Top BC Tech Companies Forecast Triple Digit Revenue Growth for 2014

Rocket Builders Mid Year Review of the 2014 Ready to Rocket List

VANCOUVER, BC  -  November 5, 2014

Rocket Builders recently gathered data to complete their yearly Mid Year Review on the companies on the 2014 Ready to Rocket ICT List and discovered high revenue growth, high full time employment growth and over ten million dollars raised in angel and venture capital financing.

Ready to Rocket is an annual list of the companies in Information Communications and Technology (ICT), Clean Tech and Life Sciences that Rocket Builders believes are most likely to show break out growth in the coming year. This year Rocket Builders focused on companies in the Information and Communications Technology List as these companies are at the heart of the British Columbia innovation ecosystem and they tend to have more revenue traction than companies in Clean Tech or Life Science. 

Data showed early-stage companies experiencing up to 7X growth and larger companies expecting to see revenues grow by more than 100%. The major trends supporting the growth of the Ready-to-Rocket companies are Cloud, Social, Mobile, Big Data, and Security. The most successful companies are those that have translated these trends into opportunities in a specific segment.

 “There has been a lot of excitement about start-ups in Vancouver, and this is good, but it is during the growth phase that most value is created and there needs to be more attention to and support for Vancouver's growth stage companies," said Rocket Builders partner Steven Forth. "A 1 or 2% difference in month-to-month growth makes a big difference early on.

Companies are projected to increase growth in full time employees by 34% by the end of the year.  There was a 25% decline in revenues per employee, but this decline is likely due to the number of very successful companies that graduated from the Ready to Rocket List and the remaining companies are on average smaller and less mature. As large technology companies open offices in BC there will be upward pressure on local wages as well.

Reg Nordman, managing partner, is “constantly impressed by the resiliency of the Ready to Rocket companies to grow steadily regardless of economic events.  It is a testimony to these companies’ abilities to address real needs in strong markets.”

The Ready-to-Rocket companies seem to have a balanced approach to metrics overall, but about half are focused only on backward looking financial metrics. This is like driving a car by looking in the rearview mirror. Companies have an opportunity to sharpen their differentiation by developing metrics that are specific to their offer and that measure the value to the customer. These are the metrics that can change future performance.

Contact Rocket Builders (rnordman@rocketbuilders.com) for access to more metrics.