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Top 100 Solution Providers in Canada - 2008

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2008 has proven that Canadian IT Solution Providers continue their steady and stable growth.  The Top 100 Solution Providers achieved revenues of $5.5 Billion, an increase of 13% over 2007, in which $4.9 Billion was recorded.  As a further indication, the revenue cut off for the 2008 Top 100 was $7.8 Million, versus just $6.4 Million in 2007.

While 2008 may be remembered for the global economic tsunami, it appears that most Canadian IT Solution Providers, for the most part, weathered the storm well.  On average, solution providers offered 8 of the 19 ‘solution areas’ we surveyed.  Again this year, IT consulting and networking/infrastructure were the top solutions; however, data/disaster recovery was replaced with security, as a leading industry solution.  During telephone interviews, the issue of IT spending freezes, flat or single digit growth, as opposed to double digit growth and longer timelines to finalize sales, were concerns from all providers across the country. 

Growth areas, according to the survey, were virtualization, storage and IT consulting and represent the areas with the greatest amount of opportunity over the next 12 months.  When interviewed, most respondents said virtualization will continue to grow, as the bottom line becomes even more important in 2009.  Cloud computing may be too big of a stretch for many small to mid-sized business, but will become more important over the next few years for large enterprise.  Other growth areas, such as green solutions, Enterprise resource planning, business intelligence and customer relationship management will be interesting to watch over the next year.  Alternately, according to the CDN survey, decreases will affect the hardware sales/installation/deployment, commodity based products and off-the-shelf software implementation.

From a customer segment stand-point, most respondents were involved in government, financial/ insurance/real estate, healthcare/pharmaceutical and professional/business services.   While geographically, the largest year over year growth came from companies in Manitoba (36%) and Alberta  (21%), followed by Newfoundland & Labrador (17%), Ontario (16%) and B.C. (14%) keeping in mind that Ontario based companies accounted for 62% of the total revenue generated.

2008
 Rank

2007
 Rank

Company Name

2008
Revenues

Website

1

1

Softchoice Corporation

$450-$500M

www.softchoice.com

2

3

Compugen Inc.

$300-$350M

www.compugen.com

3

2

Insight Canada

$300-$350M

www.insight.ca

4

6

CCSI Technology Solutions Corp.

$300-$350M

www.ccsicompucom.com

5

4

xwave

$300-$350M

www.xwave.com

6

7

CDW Canada

$200-$250M

www.CDW.ca

7

5

Metafore LP

$200-$250M

www.metafore.ca

8

12

Acrodex Inc.

$150-$175M

www.acrodex.com

9

14

OnX Enterprise Solutions Ltd.

$150-$175M

www.onx.com

10

10

Microserv

$150-$175M

www.microserv.ca

11

8

Soroc Technology Inc.

$130-$150M

www.soroc.com

12

13

Long View Systems

$130-$150M

www.longviewsystems.com

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