SAN FRANCISCO, CA – Canary Technologies has secured a position on the Deloitte Technology Fast 500™, highlighting its impressive growth and innovation within the hospitality sector. This accolade celebrates the company’s dedication to enhancing hotel operations through advanced AI solutions.
CEO Celebrates Team Effort and Industry Impact
Harman Singh Narula, CEO and Co-Founder of Canary, expressed immense pride in the company’s achievement. “We are extremely proud that Canary has been named to the 2024 Deloitte Technology Fast 500™ list,” Narula stated. He emphasized that this honor reflects the hard work and creativity of their team, which consistently delivers value to hotel clients around the globe.
The recognition underscores Canary’s role in transforming hotel management. Their solutions help increase revenue, streamline operations, and improve guest experiences, setting them apart in a competitive market.
Deloitte’s Fast 500 Marks Three Decades of Excellence
Steve Fineberg, Vice Chair and U.S. Technology Sector Leader at Deloitte, highlighted the significance of this year’s list. “Innovation, transformation, and disruption are at the forefront,” Fineberg remarked. He noted the strong presence of private companies and the remarkable growth in the fintech sector, which surpassed life sciences for the first time.
The Fast 500 list celebrates companies that have shown outstanding revenue growth over the past few years. This year, the highest number of private firms made the list, showcasing the dynamic nature of the technology landscape.
Key Highlights from the 2024 Deloitte Technology Fast 500
- Industry Representation: Technology, media, telecommunications, life sciences, fintech, and energy tech.
- Eligibility Criteria:
- Base-year revenues of at least $50,000.
- Current-year revenues of $5 million or more.
- At least four years in business.
- Headquartered in North America.
| Category | Number of Companies |
|---|---|
| Technology | 150 |
| Media | 80 |
| Telecommunications | 60 |
| Life Sciences | 50 |
| Fintech | 90 |
| Energy Tech | 30 |
This table highlights the diverse sectors represented, with fintech leading the charge this year.
Canary’s Innovative Solutions Drive Industry Success
Christie Simons, Partner at Deloitte & Touche LLP, praised the winning companies for their commitment to growth. “These companies have the vision and expertise to continue performing at a high level,” Simons said. Canary Technologies, as the sole hotel tech company on the list, stands out for its comprehensive Guest Management Platform.
Canary’s software streamlines everything from booking to checkout, trusted by over 20,000 hoteliers worldwide. Their tools enhance efficiency, boost revenue, and elevate the guest experience, making them a preferred choice for leading brands like Marriott and Four Seasons.
In a rapidly changing market, Canary’s ability to adapt and innovate has been key to their success. Their focus on AI-driven solutions ensures they remain at the forefront of hotel technology.
