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March Networks Wins Company of the Year in Best Ottawa Business Awards

OTTAWA, ON –– March Networks® is proud to announce that it has been named Company of the Year, winning the Best Ottawa Business award for Kanata North #SeriousTechLivesHere.

March Networks won the award based on a combination of factors including outstanding business and thought leadership, excellence in innovation, giving back to the community, and demonstrating sound business fundamentals during the past three years.

“These awards seek to recognize the most successful and innovative Ottawa-based companies and business leaders driving economic growth and prosperity,” said Ian Faris, President and CEO, Ottawa Chamber of Commerce. “One of our region’s most established high-tech organizations, March Networks is a great success story and one we are very pleased to celebrate.”

March Networks’ early focus on software that video-enables critical business information – including ATM, teller and point-of-sale transaction data, RFID data and business analytics – has helped make the company the choice of more than 500 financial institutions and 300 retail organizations worldwide. Approximately 33,000 buses, trains and subways are also equipped with its ruggedized video surveillance solutions for transit environments.

Underscoring its strong customer base, March Networks has increased its profitability year-over-year by approximately 50 percent CAGR since fiscal 2013, and grew its global workforce in 2015 by 10 percent. The company has also made it a priority to give back to its communities – both internationally and locally – through a variety of employee-driven fundraising activities and corporate donations to outstanding organizations including the Dunkin’ Donuts & Baskin-Robbins Community Foundation, the Walton Lea Partnership, the Kanata Food Cupboard, the Ruddy-Shenkman Hospice, and WaterAid Canada.

March Networks’ ongoing commitment to helping customers work more effectively and increase profitability has driven its product innovation, resulting in offerings such as March Networks Searchlight, an integrated software application that enables organizations to leverage video to track and analyze operations and customer service, and gather additional business intelligence. Other recent product innovations include the MegaPX ATM Camera, the world’s first self-contained High Dynamic Range surveillance camera designed specifically for banking ATMs, and March Networks GURU, an industry-first smartphone application that enables technicians to speed video installations, wirelessly provision recorders and audit configuration security using their smartphone or tablet.

“Winning Company of the Year is a real honor for us, and one that recognizes the contribution of all of our employees,” said Peter Strom, President and CEO, March Networks. “We have a smart and innovative team here at March Networks, focused on delivering best-in-class software solutions to some of the world’s largest organizations. This award is a great way to celebrate our successes this year and look to even greater achievements in 2017.”

March Networks, March Networks Searchlight and the March Networks logo are trademarks of March Networks Corporation. Infinova is a trademark of Infinova Corporation. All other trademarks are the property of their respective owners.

MEDIA INQUIRIES:
Minu Seshasayee
Interprose
+1 425.868.3829
Minu_Seshasayee@interprosepr.com

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