Top 10 IT Security Companies   |  March 31, 2009  

The Top 10 IT Security Companies experienced stable growth in 2008, as eight companies listed in 2007 returned in 2008 with a combined eight per cent revenue growth compared to the 2007 list. This year’s IT Security elite surpassed the $300 million mark for the first time in the category’s history. Exclusive of the Top 10, IT Security Companies appearing on this year’s Top 250 also enjoyed a great year, as they achieved an increase in combined revenues of 10 per cent compared to 2007.

Memory Experts International and Radial Point held on to the top two positions for the second consecutive year, while Absolute Software, exhibiting the highest growth on the list in 2008, soared five spots to round out the top three. Two companies were able to crack the 2008 Top 10 for the first time. The Herjavec Group, a network security solutions provider, debuted in the fifth spot, achieving 59 per cent growth this year, while ParetoLogic, a computer security and optimization firm, increased revenue by 50 per cent, allowing it to land in the seventh spot.

The majority of the firms are headquartered in Central Canada, with 40 per cent located in Ontario and 20 per cent in Quebec; the remaining companies are housed in Western Canada.





Top 10 IT Security Companies - 2008

Back to Top300 Table of Contents - 2009