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Framos Technologies Announced as one of Ottawa's Fastest Growing Companies

The Ottawa Business Journal announced FRAMOS Technologies Inc. as one of the fastest-growing technology companies in the Ottawa region. With growth of nearly 4000% over the last 3 years, Framos Technologies Inc, has successfully delivered value to all clients looking to deploy imaging innovation.

The FRAMOS Technologies Inc. team achieved tremendous growth and market penetration due to a deep understanding of how technology innovation in Imaging was influencing a broader adoption across multiple verticals such as autonomous vehicles, drones/UAV’s, wearables, military/security, medical and automation . Established in 2013, FRAMOS Technologies Inc. is led by President Sebastian Dignard, a recipient of Ottawa’s 2017 “Forty under 40” for 2017. 

For Sebastien, FRAMOS’s key success factor is its holistic solutions approach along the complete imaging value chain: “With a deep technical understanding from the sensor to the system, we help our customers develop new imaging and image processing solutions that help shape everyday life. Whether our customers need guidance to build a custom vision device for a machine that needs to see and think, or simply procure a sensor for a pre-existing design, our customers know they can rely on us. I am extremely proud that our team has combined this technology innovation with business innovation to create 3 strong years of growth.”

The applicants for the­ 2017 “Fastest growing companies” were ranked by percentage of revenue growth between year one and year three of their most recent three-year fiscal period. To qualify, the company must be local and have completed three fiscal years with financial statements that have been subject to a review engagement or formal audit. FRAMOS Technologies had the highest growth between year one and year three. David Sali notes “Though a spinoff of a foreign company, FRAMOS Technologies has quickly established itself as a major presence in the local tech scene. OBJ has chosen to recognize the firm’s success with an honourable mention in our fastest growing companies competition.” 

The awarded companies will be profiled in the May 8th issue of OBJ and honoured at a gala in May at the new Innovation Centre at Bayview Yards.

The full article is available from the Ottawa Business Journal.

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