October 12, 2022 by Manufacturing AUTOMATION
Vention, a digital manufacturing automation platform (MAP), ranked 45 out of 430 companies on the 2022 Report on Business ranking of Canada’s Top Growing Companies.
Canada’s Top Growing Companies ranks Canadian companies on three-year revenue growth. Vention earned its spot with a three-year growth of 964 percent.
Since 2016, Vention is offering solutions to high-mix manufacturers to implement industrial automation through cloud software and a modular hardware ecosystem. Vention’s self-serve platform combines a suite of engineering software and plug-and-play automation components, enabling manufacturing professionals to design, order, and deploy automated equipment by themselves directly from their web browsers. The single-platform approach to the design-to-deployment workflow reduces project time, enabling clients to benefit from industrial automation quickly.
“Today’s manufacturers face significant challenges with labour shortage, salary inflation, and re-shoring of production in North America. More than ever, manufacturers need automation and are willing to try new innovative approaches to get started,” said Etienne Lacroix, CEO of Vention. “In the past six years, Vention has not only upskilled manufacturing professionals as automation practitioners but has also helped North American and European manufacturing businesses stay competitive at the global level.”
Canada’s Top Growing Companies aims to celebrate the boldest entrepreneurial achievement by identifying and bringing the accomplishments of innovative businesses in Canada to the forefront. To qualify for this voluntary program; companies had to complete an in-depth application process and fulfill requirements. In total, 430 companies earned a spot on this year’s ranking.