The technology space has been one of the hottest sectors within the market, posting an industry wide annual growth rate of over 35%. Even though not all businesses become hugely successful, the enormous magnitude of those that do highly overweigh the companies that underperform. This market allows investors to ride the tide, and earn substantial profits within this industry. The following over achievers have a positive and growing revenue base in addition to a proprietary balance of intangible assets – a key indicator for success.
Mitel Networks Corp. (TSX: MNW) – $11.67
Software
Mitel Networks Corporation is a provider of business communications and collaboration software and services. The Company focuses on the small-to-medium sized enterprise (SME) markets. The Company’s Internet Protocol (IP) based communications solutions consist of a combination of IP telephony platforms, which it delivers as software, appliances and desktop devices, and a suite of unified communications and collaboration (UCC), applications that integrate voice, video and data communications with business applications.
- Market Cap: $1,164,781,940
- Revenue (last 12 months): $1,229,911,050
- Intangible Assets (net): $204,244,440
WiLan Inc. (TSX: WIN) – $3.02
Communications & Networking
Wi-LAN Inc. (WiLAN) is an intellectual property licensing company that develops, acquires, licenses and enforces a range of patented technologies, which are utilized in products in the communications and consumer electronics markets. In its licensing business, the Company has signed licenses with companies that sell products utilizing technologies including: CDMA, Wi-Fi, WiMAX, LTE, ADSL, DOCSIS, Bluetooth and V-Chip, and other digital television technologies.
- Market Cap: $361,443,829
- Revenue (last 12 months): $109,260,076
- Intangible Assets (net): $170,186,273
Descartes Systems Group Inc. (TSX: DSG) – $19.54
Software
The Descartes Systems Group Inc. (Descartes) is a global provider of federated network and global logistics technology solutions that help its customers make and receive shipments and manage related resources. The Company’s network-based solutions, which primarily consist of services and software, connect people to their trading partners and enable business document exchange (bookings, bills of lading and status messages); regulatory compliance and customs filing; route and resource planning, execution, monitoring and reporting; inventory and asset visibility; rate and transportation management, and warehouse operations.
- Market Cap: $1,474,888,814
- Revenue (last 12 months): $196,167,422
- Intangible Assets (net): $146,555,398
Avigilon Corp. (TSX: AVO) – $21.39
Communications & Networking
Avigilon Corporation is a Canada-based technology company. The Company is engaged in design, manufacturing and marketing of high-definition (HD) and megapixel (MP) network-based video surveillance systems and equipment for the global security market. The Company’s surveillance system is designed to provide video capture, transmission, recording and playback.
- Market Cap: $996,352,596
- Revenue (last 12 months): $271,411,000
- Intangible Assets (net): $129,669,000
Pivot Technology Solutions Inc. (TSXV: PTG) – $0.50
IT Services & Consulting
Pivot Technology Solutions Inc., formerly Acme Capital Corporation, is a multi-vendor solutions provider (MVSP). The Company, together with its portfolio companies, designs, sells, integrates and supports Information Technology (IT) solutions, including hardware, maintenance and supports clients in all aspects of their IT Lifecycle management, including infrastructure investments. Pivot provides services ranging from the initial needs assessment and design, through procurement and implementation, to on-going support.
- Market Cap: $82,730,235
- Revenue (last 12 months): $1,437,389,375
- Intangible Assets (net): $65,224,854
