Appnovation named on 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies

September 14, 2017
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Appnovation named on 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies

Having recently reached the 10 year anniversary since the company was founded, Appnovation now has another reason to celebrate, after being named on the 2017 PROFIT 500 ranking of Canada’s Fastest-Growing Companies, the 29th edition of the awards, coming in at an impressive 36th place. 

Once again, the ongoing growth, rise in global employee numbers, not to mention more jobs being created at the new Vancouver HQ, has seen Appnovation reach greater heights. 

From the early days, as a small Drupal shop, and thanks to the hard work of the Appnovation team, both past and present, the company is now a digital solutions provider, as well as continuing to lead the way in Drupal development.  Thanks to the combined policies of hiring top-draw talent, staying at the front line of Drupal development and digital solutions, and constantly evolving in terms of open source services, Appnovation continues to grow, year on year, both in Canada and throughout the global office locations.

To highlight what a company needs to achieve to be included, Profit 500 explains how this prestigious list is compiled: 

Ranking Canada’s Fastest-Growing Companies by five-year revenue growth, the PROFIT 500 profiles the country’s most successful growth companies. A joint venture between Canada’s premier business and current affairs media brands, the PROFIT 500 is published in the October issue of Maclean’s magazine and online at”
As Deborah Aarts, PROFIT 500 editor and program manager explains : “It is never easy to earn a spot on the PROFIT 500, but this year’s applicant pool was the most competitive yet,” says Deborah Aarts, PROFIT 500 program manager. “This year’s winners demonstrate the resilience, innovation and sheer management smarts it takes to build a thriving business today. Canada—and the world—needs more entrepreneurial success stories like these.”

Arnold Leung, founder and CEO of Appnovation, is rightly proud of this Profit 500 listing, but also appreciates that ongoing growth, and sustained success is the ultimate goal:

"When I founded Appnvoation in 2007, of course I wanted to grow the company, expand our client list and establish a global presence. Having done that, looking back, even at my most optimistic, I probably couldn't have predicted both the speed and consistency which we have enjoyed in terms of that company expansion. Fortune 500 company clients, office locations in North America, Europe and Asia, and over 250 employees as we celebrate our 10 year anniversary."

I am both proud of our achievements, but driven to ensure that this is only the beginning for Appnovation. This Profit 500 listing is certainly something which acts as a barometer for success, and an accolade we are happy to have"

About the PROFIT 500

For 29 years, the PROFIT 500 has been Canada’s most respectable and influential ranking of entrepreneurial achievement. Developed by PROFIT and now published in Maclean’s magazine and at, the PROFIT 500 ranks Canadian companies on five-year revenue growth.

For more information on the ranking visit or

About Canadian Business

Founded in 1928, Canadian Business is the longest-serving and most-trusted business publication in the country. It is the country's premier media brand for executives and senior business leaders. It fuels the success of Canada's business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics.

Learn more at 

About Appnovation

Appnovation is a global Digital Solutions and Managed Services provider, delivering strategy, application development and enterprise integration on leading open technologies. Appnovation’s in-house experts strategize, build, and deploy high-performing, secure digital experiences across many industries, while also offering a wide range of creative capabilities, with 24/7 support and maintenance. 

The firm boasts an impressive, cross-industry client roster ranging from Start-Ups to Fortune 500, government entities, nonprofit organizations and beyond. Since its inception in 2007, Appnovation has worked with hundreds of clients, delivering thousands of projects, achieving international recognition for development, innovations, and business success.

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