TORONTO, Nov. 7, 2019: Daisy’s strong growth continues to attract industry accolades.
Today, Deloitte Canada announced that Daisy is among its Companies-to-Watch winners in its annual technology awards program. The program celebrates Canada’s fast-growing technology, media, and telecommunications companies.
Daisy’s selection as a company to watch reflects the company’s strong growth and increasing profile. Earlier this year, Daisy was named by the Globe & Mail’s Report on Business as one of Canada’s top growing companies and won the Canadian Fintech 3.0 Summit’s Future of Retail pitch battle.
“It’s an honour for Daisy to be ranked among Canada’s most exciting tech companies,” said Gary Saarenvirta, Daisy’s founder and CEO. “The recognition reflects the efforts of our team and the collaboration with our customers, which enables our autonomous AI system to deliver significantly improved financial results for our customers.”
Companies-to-Watch winners are new companies headquartered in Canada that demonstrate superior technology, effective management experience, and common traits of Deloitte Technology Fast 50 award winners. To be eligible, candidates must also devote a significant portion of their operating revenues to creating proprietary technology or intellectual property.
“Companies-to-Watch winners deserve recognition for their early-stage growth, bold entrepreneurship and forward-thinking,” said Erica Pretorius, Partner and National Leader for the Technology Fast 50™ program at Deloitte Canada. “By demonstrating courage, seeking opportunities, and taking calculated risks, these outstanding companies are key to the success of the technology sector. Every winner should feel a sense of pride for this success, and motivation to continue striving to succeed in the future.”
Daisy is an AI-powered platform for retail and insurance. Daisy uses reinforcement learning, a branch of AI, and its patent-pending Theory of Retail™ and Theory of Risk™ to be truly unique in the marketplace and on the cutting edge of the category management and risk management revolution. Daisy’s platform, developed by a highly skilled team of 50+ computational scientists, mathematicians and business domain experts, analyzes 100% of an organization’s transactions, executing billions of simulations daily to deliver optimized merchandise planning and risk management decisions for its clients.
About the Deloitte Technology Fast 50™
The Deloitte Technology Fast 50 program is Canada’s preeminent technology awards program. Celebrating business growth, innovation and entrepreneurship, the program features three distinct categories including the Technology Fast 50 Ranking, Enterprise Fast 15 category (recognizes fastest-growing enterprise-level technology, media, and telecommunications companies by revenue-growth percentage over their last four years of operation), and Companies-to Watch Awards (early-stage Canadian tech companies with the potential to be a future Deloitte Technology Fast 50 candidate). Program sponsors include Deloitte, Bank of Montreal, CBRE, First West Capital, Miller Thomson, OMERS Ventures, 3C, and Lafond. For further information, visit www.fast50.ca.