Edmonton, AB – March 9, 2017 – Fluid Life has been honoured with the prestigious Canada’s Best Managed Companies designation. The 2017 Best Managed program recognizes the best-in-class of Canadian-owned and managed companies with revenues over $15 million demonstrating strategy, capability and commitment to achieve sustainable growth.
Most companies face significant challenges converting condition-monitoring efforts into sustainable money saving programs. Fluid Life partners with these companies, providing expert analysis of predictive data streams to dramatically improve their overall asset reliability.
Fluid Life’s mission, while bold is simple: that our reliability services customers confirm an aggregate $250 million in cost savings by 2025. “Our customer’s success is our success”: Heather Hunt, President, Fluid Life.
An ability to adapt to economic changes and respond to industry needs, paired with a legacy of unrivaled customer support, has laid the foundation for the company that Fluid Life is today.
“It’s much more than just financial performance,” said Peter Brown, Partner, Deloitte and Co-Leader of Canada’s Best Managed Companies program. “The ingredients to success also include overall business performance and sustained growth. It takes dedication and commitment from the entire organization.”
2017 winners of the Canada’s Best Managed Companies award will be honoured at the annual Canada’s Best Managed Companies gala in Toronto on April 19, 2017. On the same date, the Best Managed symposium will address leading-edge business issues that are key to the success of today’s business leaders.
About Fluid Life
As a leading provider of asset management solutions and lubrication analysis, Fluid Life uses its best-in-class software, training, tools and supported programs to improve customers’ bottom line, lower maintenance costs and improve equipment availability. What’s more, Fluid Life is the only company of its kind to offer reliability services backed by its in-house labs. Over the past 30 years, Fluid Life has established a great reputation and long-standing partnerships with customers in the mining, construction, industrial plant, oil and gas and transportation industries.
About Canada’s Best Managed Companies
Canada’s Best Managed Companies continues to be the mark of excellence for Canadian-owned and managed companies with revenues over $15 million. Every year since the launch of the program in 1993, hundreds of entrepreneurial companies have competed for this designation in a rigorous and independent process that evaluates their management skills and practices. The awards are granted on four levels: 1) Canada’s Best Managed Companies new winner (one of the new winners selected each year); 2) Canada’s Best Managed Companies winner (award recipients that have re-applied and successfully retained their Best Managed designation for two additional years, subject to annual operational and financial review); 3) Gold Standard winner (After three consecutive years of maintaining their Best Managed status, these winners have demonstrated their commitment to the program and successfully retained their award for 4-6 consecutive years); 4) Platinum Club member (Winners that have maintained their Best Managed status for seven years or more). Program sponsors are Deloitte, CIBC, Canadian Business, Smith School of Business and MacKay CEO Forums. For further information, visit www.bestmanagedcompanies.ca.