Strong Industry Recognition 247 Labs has received multiple awards including the 2024 Global Recognition Award and consistent recognition as a top software and mobile app developer in Canada, indicating a reputable brand that can attract clients seeking proven expertise in digital transformation and application development.
Diverse Tech Portfolio With a tech stack encompassing Oracle CX, QlikView, MySQL, JavaScript, and Android, 247 Labs is well-equipped to handle complex cloud-based, data-driven, and mobile projects, providing opportunities to offer comprehensive digital solutions to organizations in need of modernization.
Growth Through Collaborations Recent strategic partnerships with Co Opcabs and Toronto North Local Immigration Partnership demonstrate the company's ability to secure projects across transportation and community services sectors, revealing sales prospects in urban mobility and government-related digital initiatives.
Market Position and Size Operating within the mid-sized segment with 51-200 employees and revenues ranging from 10M to 25M USD, 247 Labs presents an attractive target for clients looking for experienced yet flexible technology partners capable of handling both SMB and startup projects.
Potential for Expansion Given the company's recent awards, notable partnerships, and broad service offering, there is significant opportunity to engage with 247 Labs for larger digital transformation projects, enterprise solutions, or diversification into emerging technologies such as IoT or AI-enabled applications.