Collingwood, Ontario, August 31, 2011 – Switch Video is ranked #16 in the 12th annual PROFIT HOT 50 Ranking. We are proud and delighted to be in the company of so many great young companies from across Canada.
The PROFIT HOT 50 is the definitive ranking of Canada’s Top New Growth Companies. Published in the October issue of PROFIT: Your Guide to Business Success magazine and online at PROFITguide.com, the PROFIT HOT 50 ranks young firms by two-year revenue growth.
Switch Video is one of the web industry’s largest video production companies. They employ 25+ people and produce more than 200 simple explainer videos to help big and small companies simplify their product offerings through easy-to-watch, easier-to-understand videos in various languages. Switch has produced videos for a wide range of clients from small businesses to Fortune 1000 enterprises. Some of these clients include: Hewlett-Packard, Shaw Media, Microsoft, The United Nations, and Brown-Forman.
Switch Video, and all PROFIT HOT 50 companies, “exhibit all the traits that underpin business success,” says PROFIT editor Ian Portsmouth. “With good products, persistent and focused leaders and motivated teams, Canada’s Top New Growth Companies have achieved enviable growth rates despite a shaky economy.”
The production of explainer videos is a new and rapidly growing industry. “Websites have about eight seconds to capture the attention of a visitor,” says Andrew Angus, Founder and President of Switch Video. “Most people leave a website before they have read a single word.” Explainer videos change that.
Switch Video is located two hours north of Toronto in Collingwood. “By starting in a small town we had to set our sights further afield to the global market.” Approximately 90% of Switch’s revenue comes from customers located in the United States. Our desire to “build in a small town and sell to the world” is why we’re on the PROFIT HOT 50 list today.
About PROFIT Magazine: PROFIT: Your Guide to Business Success is Canada’s preeminent publication dedicated to the management issues and opportunities facing small and mid-sized businesses. For 29 years, Canadian entrepreneurs and senior managers across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT online at www.PROFITguide.com.
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