Press Releases

Dyadem Named One of Canada’s Fastest-Growing Companies by PROFIT Magazine for Second Consecutive Year

 

Toronto – June 11, 2010 – Dyadem, the leader in Operational Risk Management and Quality Risk Management solutions, today announced that it has been named to the 22nd annual PROFIT 100 ranking of Canada’s fastest-growing companies by PROFIT Magazine.  Companies are named to the list based on their percentage revenue growth from 2004-2009.  In the past five years, Dyadem grew 345%, to be named number 136 on the list of 200 companies.

"Canada's Fastest-Growing Companies are the poster children for entrepreneurship, innovation and pure tenacity," says Ian Portsmouth, editor of PROFIT. "They demonstrate what it takes to succeed in today's highly competitive, technology-driven global economy."

Dyadem helps companies manage the risks associated with operating hazardous processes and the quality issues associated with designing and manufacturing products.  Its Stature enterprise software platform enables customers to identify, analyze, mitigate and monitor risk and quality issues through a continuous improvement approach that allows companies to learn from their mistakes.  This allows greater operational transparency and inter-departmental communication so that problem resolution is expedited and repeat mistakes are minimized. 

Ranking Canada's Fastest-Growing Companies by five-year revenue growth, the PROFIT 100 profiles the country's most successful growth companies. Published in the June issue of PROFIT and online at www.PROFIT100.com, the PROFIT 100 is Canada's largest annual celebration of entrepreneurial achievement.  Entrepreneurs with an interest in growing their business can learn from the stories of these fast-growing companies.  The PROFIT 100 table ranks the 100 fastest-growing companies in Canada by five-year revenue growth, while the Next 100 table features companies ranked from Nos. 101 to 200. 

“Recent news headlines highlighting high risk operations like those in the Gulf of Mexico have highlighted the importance of a proactive risk management culture; innovative organizations with strong risk management and contingency programs will rise above their competitors,” said Kevin North, President and CEO of Dyadem.  “Our Stature solution helps our customers manage and view potential risks across their entire operations on a single software platform.  Unwanted incidents are far more preventable when stakeholders have access to real-time risk data, allowing them to make both strategic and tactical decisions faster, resulting in better communication with those closest to the various sources of risk."

About Dyadem
Dyadem is the market leader in Operational Risk Management and Quality Risk Management solutions.  Dyadem provides software and services that empower companies to discover and manage the risks to people and products in the design and manufacturing processes.  Dyadem helps some of the world’s largest companies achieve regulatory compliance and business continuity, serving the Oil & Gas, Chemical, Mining, Pharmaceutical, Medical, Automotive, Electronics and Aerospace and Defense industries.  For more information, visit www.dyadem.com.

About PROFIT Magazine
PROFIT: Your Guide to Business Success is Canada's preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 28 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it's a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at www.profitmagazine.ca.

 

Media contact:
Maureen Robusto
Manager, Public Relations
+1 978.289.7752
mrobusto (at) dyadem (dot) com