Geotab Wins Seventh Canada’s Best Managed Companies Award, Joins Platinum Club

TORONTO, ON (May 14, 2024) - Geotab Inc. (“Geotab”), a global leader in connected vehicle and asset solutions, was recognized with the prestigious 2024 Canada’s Best Managed Companies award for its industry-leading performance, global business practices and sustained growth. With this win, Geotab becomes a member of the elite Platinum Club of companies that have received Best Managed status for seven years in a row. 

The Canada’s Best Managed Companies program awards excellence in private Canadian-owned companies with revenues of $50 million or greater. To attain the designation, companies are evaluated on their leadership in the areas of strategy, culture and commitment, capabilities, and innovation, governance and financial performance.

“Geotab is proud to be recognized as a Platinum award recipient of Canada’s Best Managed Companies. This award is a testament to Geotab’s dedicated employees and our unwavering commitment to innovation and customer obsession, with a keen focus on privacy and security. We continue to evolve as we invest in AI and technology which provide data insights and predictability to fleet managers across the globe,” said Neil Cawse, Founder and CEO of Geotab.

Leading the evolution of connected vehicles

Founded in 2000, Geotab has grown into a global company with over 4 million vehicle subscriptions and 50,000 customers. Processing billions of data points hourly, Geotab provides deep data insights and AI to enable organizations to make informed decisions to improve performance, safety, sustainability and manage costs.

Recent Geotab innovations include: 

• Geotab Ace, the first fully integrated generative AI copilot, specifically designed for fleet operations, provides customized and powerful fleet insights simply by asking a question.
• Geotab Safety Center, a next-generation, AI-driven tool designed to help fleet and safety managers tackle ongoing safety challenges with data intelligence and predictive collision insights.
• Geotab EV Suitability Assessment (EVSA), offering a fleet electrification roadmap with highly tailored EV recommendations, driven by real-world data.

Geotab has more than 2,000 employees around the world, including one of the largest teams of data and AI experts and engineers in the industry, who continuously innovate and collaborate to deliver a positive impact for business, people and the planet.

The core value of “Do the right thing” extends to Geotab’s commitment to sustainability and achieving net zero. Geotab, a member of the UN Global Compact and The Climate Pledge, recently released its third Sustainability and Impact Report, “Trust. Transparency. Transformation.”, highlighting how data-driven insights are helping Geotab and global organizations better measure and achieve their climate goals.

Focused on people, the environment and digital transformation

Celebrating 30 years, Canada’s Best Managed Companies is one of the country’s leading business awards programs recognizing innovative and world-class businesses. Every year, hundreds of entrepreneurial companies compete for this /designation in a rigorous and independent evaluation process.

Applicants are evaluated by an independent panel of judges with representation from program sponsors and special guests.

The 2024 cohort of Best Managed companies share common themes such as having a people-centric culture, targeting effective ESG strategies, and accelerating operational digitization.

“To become a Best Managed Platinum Club winner is nothing short of remarkable. Their continued adaptability in an era of uncertainty sets the standard for how to overcome new barriers and demonstrate resiliency at the highest levels,” said Lorrie King, Partner, Deloitte Private, Global Best Managed Leader and Co-Leader, Canada’s Best Managed Companies program. “These companies truly impact how Canada is viewed on the world stage when it comes to the success of private business.”

About Canada’s Best Managed Companies Program

Canada’s Best Managed Companies program continues to be the mark of excellence for privately-owned Canadian companies. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner, one of the new winners selected each year; 2) Canada’s Best Managed Companies winner, award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review; 3) Gold Standard winner, after three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years; 4) Platinum Club member, winners that have maintained their Best Managed status for seven years or more. Program sponsors are Deloitte Private, CIBC, The Globe and Mail, and TMX Group. For more information, visit www.bestmanagedcompanies.ca.

For more information, please contact: 

[email protected]

www.bestmanagedcompanies.ca