Vision Critical Continues Rapid Growth

Panel and research technology specialist Vision Critical has announced revenue growth of 17% to $CAN 72m in 2011.

The firm was founded in 2005, turned over around $CAN 5m in 2006 and expanded to Europe in late 2007. Chairman Dr. Angus Reid predicts continued robust growth in both revenue and profits this year: 'Our first quarter run rate has already put us over $80 million and that's before further expansion in our international operations in China and Germany; several major new product launches and several strategic new appointments that will be announced in the coming weeks.'

Of the 2011 figures, Reid comments: 'To achieve almost 20% organic growth in a tough market is a testament to the strength of our product portfolio and our strong talent base of experts and implementation specialists'. As a private company, Vision Critical does not release detailed earnings results, but Reid says it was 'profitable' in 2011, in line with board and management expectations.

With offices across North America, Europe, Asia and Australia, Vision Critical is online at www.visioncritical.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.

• Vision Critical
• All news
• MrWeb info