Trulioo Named PwC Vision to Reality Award Finalist

Trulioo is truly honored being a finalist for the PwC Vision to Reality Innovator of the Year Award #V2R. Vision to Reality (V2R) Innovator of the Year Award is PwC Canada’s annual program aimed at recognizing and celebrating the most innovative organizations in the nation.

“PwC’s Vision to Reality Award is a prestigious recognition of innovation, challenging convention and turning vision into reality,” states Stephen Ufford, Trulioo’s CEO. “We are thrilled to be named a finalist alongside so many innovative companies.”

Trulioo falls into the disruptor category, recognizing innovation in startups that are headquartered in Canada, have a revenue of up to CA$25 million, and privately held or publicly-traded, or represent the public sector.

“The applications we received this year represent a real cross section of Canadian organizations and the very best innovators. Each finalist demonstrates in their own unique way how innovation can accelerate an organization to the top of its game,” said Tahir Ayub, managing partner of markets and industries at PwC Canada. “We are thrilled that this program gives applicants an opportunity for Canada-wide recognition, networking opportunities and exposure to entrepreneurs, CEOs, and other industry leaders. These fearless leaders are reshaping the landscape of Canadian business.”

An independent panel of judges evaluated organizations that have demonstrated a new idea that’s adding value to people, business or society according to the following criteria:

The Idea

How is the organization solving an important problem? Is the innovation truly unique? Is it difficult to replicate? Is it disrupting the industry?

The Execution

How was the innovation implemented? How was it communicated to stakeholders, employees and target audience(s)? How complex was it in terms of regulatory issues and competition? Were there any extraordinary challenges the organization had to overcome?

The Value

Can the organization prove the success of its innovation? What success metrics are available, e.g. market value, socioeconomic impact, engagement, operational efficiencies, cost savings, revenue or customer acquisition?

The Future

Where will the innovation lead the organization (and industry) in the future? What are the next steps in the organization’s innovation journey?

“Large communities are harnessing the power of entrepreneurship, and we see them making investments in startup incubators and investing and teaming with startups. We also find that in the mid-sized market of Canada, which is a huge segment of the population, a lot of innovation and disruption is taking place,” PwC national leader of digital services consulting practice Phil Grosch said.

Finalist celebration events are being held in Calgary, Edmonton, Montreal and Vancouver. The winners will be announced in June 2017 in Toronto. We wish all the finalists good luck and may the best innovator of the year win!