Rapid Revenue Growth Places Introspect Technology on The Globe and Mail’s Second Annual Ranking of Canada’s Top Growing Companies

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Continued strength positions Introspect among the boldest companies in Canada for the second year in a row

Introspect Technology Among 2020 Canada's Top Growing Companies

Introspect Technology Among 2020 Canada's Top Growing Companies

Introspect Technology’s mission was always to demonstrate the excellence of Canada’s business environment and technical prowess. The recognition by the Canada’s Top Growing Companies ranking strongly validates this original mission.

Introspect Technology, leading manufacturer of test and measurement tools for high-speed digital applications, announced today that it placed No. 202 on the 2020 Report on Business ranking of Canada’s Top Growing Companies. With a three-year revenue growth of 202%, Introspect Technology continues to demonstrate a leading role in the Canadian export and manufacturing sectors, having penetrated the electronic test equipment marketplace across all continents and spanning the full range of final applications enabled by its products, from consumer electronics to telecommunications networks, industrial automation equipment, and medical devices.

Creating a new category in electronic design and validation tools, Introspect Technology’s products combine high performance with ultra-compactness and attractive price economy. Introspect Technology’s pioneering technology replaces large rooms’ worth of equipment with devices that can literally fit into a single briefcase and without compromising on performance. “A few years ago, we set out to do for electronic testing what the smartphone did for the computer,” says Dr. Mohamed Hafed, Introspect Technology CEO. “In looking at a smartphone, we saw a compute device providing compute access to more people in more circumstances. Similarly, we created a new category of test equipment that provided world-class equipment availability and ease of use to a wide range of engineers operating across a wide range of engineering disciplines. We did not fit in any conventional category; we created our own one, which filled a major gap at large companies,” he adds. With its award-winning products and associated powerful software suite, Introspect Technology filled this new niche – and across such a wide spectrum in the electronic production process – with awe-inspiring ease.

Having been founded in 2012, Introspect Technology’s mission was always to demonstrate the excellence of Canada’s business environment and technical prowess. The recognition by the Canada’s Top Growing Companies ranking strongly validates this original mission. Being able to demonstrate – through such recognition – that Introspect Technology’s products enable engineers all over the world to achieve their best possible work is gratifying and is true testimony to the company’s motto of “making tomorrow’s technology today’s possibility”.

Launched in 2019, the Canada’s Top Growing Companies editorial ranking aims to celebrate entrepreneurial achievement in Canada by identifying and amplifying the success of growth-minded, independent businesses in Canada. It is a voluntary program; companies had to complete an in-depth application process in order to qualify. In total, 400 companies earned a spot on this year’s ranking.

The full list of 2020 winners, and accompanying editorial coverage, is published in the October issue of Report on Business magazine—out now—and online at tgam.ca/TopGrowing.

“The stories of Canada’s Top Growing Companies are worth telling at any time, but are especially relevant in the wake of COVID-19 pandemic,” says James Cowan, Editor of Report on Business magazine. “As businesses work to rebuild the economy, their resilience and innovation make for essential reading.”

“Any business leader seeking inspiration should look no further than the 400 businesses on this year’s Report on Business ranking of Canada’s Top Growing Companies,” says Phillip Crawley, Publisher and CEO of The Globe and Mail. “Their growth helps to make Canada a better place, and we are proud to bring their stories to our readers.”

About Introspect Technology

Founded in 2012 through self-funding, Introspect Technology designs and manufactures innovative test and measurement equipment for high-speed digital applications. Whether it is the next smartphone or the level-4 autonomy engine in a mobility solution, our award-winning tools are used to develop, test, and manufacture next-generation products. In short, we help the leading global technology companies make tomorrow’s technology today’s possibility.

About The Globe and Mail

The Globe and Mail is Canada’s foremost news media company, leading the national discussion and causing policy change through brave and independent journalism since 1844. With award-winning coverage of business, politics and national affairs, The Globe and Mail newspaper reaches 5.9 million readers every week in print or digital formats, and Report on Business magazine reaches 2.1 million readers in print and digital every issue. The Globe and Mail’s investment in innovative data science means that as the world continues to change, so does The Globe. The Globe and Mail is owned by Woodbridge, the investment arm of the Thomson family.

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Mohamed Hafed
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