Octopz named Top 10 Canadian Web 2.0 Company by IDC

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A new report by IT market research firm IDC names Octopz as one the 10 Canadian Web 2.0 Companies to Watch. The ten companies profiled in the report include AdHack, dthree Inc., Octopz, Overlay.TV, PlanetEye, Ramius Corporation, SceneCaster, Standout Jobs, Tomoye Corporation and Tungle.

The IDC report is part of The Canadian Technology Innovation Watch series and highlights smaller companies that have the potential to make an impact in the broader information and communication technology (ICT) market. According to the report’s author, IDC analyst Krista Collins:

Emerging Canadian businesses are changing the dynamics of the ICT market, and we are seeing a rapid increase in the availability of collaboration solutions. The companies in this study, including Octopz, are differentiating themselves from the myriad of other solutions in the market, guiding users through the adoption stage to help them understand how the various features and functions relate to them, and developing strategies that give users compelling reasons to stay engaged over time.

Octopz CEO Ron Octopz had this to say in our news release about our inclusion in the IDC report:

For an up-and-coming company such as Octopz, it is a thrill to receive this recognition from one of the world’s most respected sources of information about the technology industry. This report brings IDC’s research and insight to senior managers of ICT companies providing them with best practices and recommendations on innovative Web 2.0 technologies. It’s a phenomenal endorsement.

The full Octopz news release is here.

In addition to being included in the IDC report, so far this year Octopz has also turned up on the KPMG & Backbone’s 2008 PICK20 awards list, Startup North’s Ten Web Startups to Watch, the inaugural Canadian Innovation Exchange (CIX) and Branham’s Top 25 Up and Comers.

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