Victoria, BC, Canada, June 21, 2013: The Vancouver Island Advanced Technology Council (VIATeC) has named Quester Tangent Company of the Year.
The award was presented a gala ceremony reminiscent of a Hollywood bash at the Victoria Conference Centre last evening. In addition to the Technology Company of the Year, VIATeC also recognized Quester Tangent as one of the top 25 tech companies for 2013.
Awarded annually by VIATeC recognizes a Greater Victoria company that has demonstrated excellence in innovation and a commitment to the technology community while embracing sound business fundamentals. “The advanced technology sector in Victoria is a $3 billion industry and to be named the top company is a major achieved for Quester Tangent,” commented Stephen McKay, President and CEO of the corporation. “This is a great honour for our company, a testament to the hard work and the innovative excellence of our entire team at QT”,
The broad compatibility of QT systems combined with longevity and lifetime support has been key to Quester Tangent’s success. Bill Collins, VP and COO, in addressing the audience of 700 at the Victoria Conference Centre noted that two key business goals are crucial to Quester Tangent’s success. “We design and produce transit components that last for 20 plus years and in the next 18 months our manufacturing throughput will exceed 3,000 units. We remain focused on our goals and our job as managers is to ensure that we have a healthy and engaged workforce with a shared vision”.
In a recent article in Victoria’s Times Colonist by Andrew Duffy, Dan Gunn, VIATeC’s executive director said, “We always expect the tech sector to continue to show growth, but we did not expect to see 18 per cent growth over last year.” This year’s top-25 represent $964 million in revenue for the region. Gunn went on to say that Quester Tangent is considered symptomatic of what’s happening in the region. The 30-year-old company, which started life as a developer of ocean mapping equipment and has evolved to create monitoring units to provide detailed diagnostic information for rail systems, has doubled its revenues over the last five years.
Located on the Pacific Northwest of North America near Victoria, B.C. Quester Tangent – an ISO 9001-2008 company – designs, develops and manufactures leading edge vehicle monitoring hardware and software for the global rail transit industry.