Top 10 ICT Security Companies

ICT security companies appearing on this year’s Top 250 experienced yet another year of positive growth, increasing cumulative revenues to $444.98 million in 2010 from $426.58 million in 2009, an increase of 4.31 per cent. The category’s leaders fared even better in 2010, as the Top 10 ICT Security Companies appearing on this year’s Top 250 combined to generate $409.58 million in sales, up 9.75 per cent from $373.18 million in 2009. The race for top spot on this year’s Top 10 ICT Security Companies listing was closer than ever, as $2 million in revenues separated the top three players. With a 20 per cent year-over-year increase in revenues to $72 million in 2010 from $60 million in 2009, Montreal-based MXI Security lands in the top spot as Canada’s leading ICT Security Company in 2010.
Last year’s leading company, ESI Information Technologies, slipped into the second position on this year’s listing, experiencing a slight increase (0.57 per cent) in revenues to $71 million in 2010. Rounding out the top three Canadian ICT security players is Victoria-B.C.-based ParetoLogic, a PC security and utility software provider, which generated approximately $70 million in revenues in 2010.
Toronto-based The Herjavec Group continued to increase its presence in Canada’s ICT security landscape in 2010, increasing revenues by 77.80 per cent to $63.45 million, placing it in the number five position.
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