Roughly 10 per cent of Kanata’s tech workforce is employed in the software sector, which brings in $576.6 million in annual revenues. Not surprisingly, software providers took up the most spots on the Ottawa Business Journal’s roundup of fastest-growing companies last year.
At the top of that list was Martello Technologies, maker of fault and performance management software for unified communications systems.
Founded in 2009, the company has already achieved a number of major milestones, raising $3 million in funding in 2014 and acquiring French software firm Netvitesse the same year. The firm now has nearly 30 employees, 22 of them in Ottawa.
Martello CEO Bruce Linton credits the company’s software-as-a-service model for allowing it to support a high volume of clients. Martello serves 2,000 customers in 18 countries.
Linton believes that software companies are able to flourish in Kanata because of an influx of “people who understand very complicated, technically advanced large systems.
“The resource pool is terrific, there’s many layers of years of experience, so if you want some junior people, some intermediate people and some senior people, they happen to all be here.”
This range of talent will allow the software sector to continue to gain traction, says Linton.
He predicts that software defined networking – “systems that progressively work better because they identify the revolutionary steps that make them work better” – will become a dominant industry in Kanata “because we get how to do big stuff like that.”