USA Today says Canadian tech is hot

Sunday's edition of USA Today featured an article by Peter Moreira called "Beyond BlackBerry, Canadian tech is humming". The article talks about how a vibrant tech sector has grown up in the considerable shadow of BlackBerry.

The rest of the world is finally starting to realize that Canada is more than pucks and pipelines. Sunday’s edition of USA Today featured an article by Peter Moreira called “Beyond BlackBerry, Canadian tech is humming”. The article talks about how a vibrant tech sector has grown up in the considerable shadow of BlackBerry. “No [...]

Cantor Fitzgerald raises target on Descartes to $11.50

Cantor Fitzgerald analyst Tom Liston says that with 33 consecutive quarters EBITDA improvement, Descartes Q4 isn't exactly a surprise. Still, he says the numbers, which narrowly beat his own expectations, underline his investment thesis.

This morning, Descartes System Group (TSX:DSG) reported its Q4 and fiscal 2013 results. For the year, The Waterloo-based company earned $15.99-million on revenue of $126.9-million. Q4 revenue came in $33.8-million, which was up 14% from Q4, 2012′s $29.6-million topline. CEO Art Mesher said the company is winning business because its practices are modern. “The world [...]

Entrusts: The Next Big Thing in SaaS

art mesher headshot

This piece is dedicated to Verna Miller, mother of my beloved wife of 22 years, who passed away December 28, 2012. I find myself today at the Eagle’s Nest. For those of you who don’t know me well, the Eagle’s Nest is my home on the cliffs of Wisconsin. It’s where I have done all [...]

Canadian Tech Analysts Share their Top Picks for 2013

Descartes Systems Group CEO Art Mesher. Cantor Fitzgerald's Tom Liston and M Partners analyst Ron Shuttleworth says Descartes is their top pick for 2013.

Over the past several weeks, we have spent a lot of time looking back. 2012 was quietly the turnaround year we had hoped for in Canadian tech, the sector ended the year tops on the TSX. Of course the story of 2012, at least for the first half of the year, was the continuation of [...]

Cantor Fitzgerald’s Tom Liston shares his top Canadian tech picks for 2013

Cantor Fitzgerald's Director of Canadian Research Tom Liston was on BNN's Business Day with host Marty Cej last week to talk about his favourite names for the upcoming year.

Late in 2012, Research in Motion still grabs most every tech headline here in Canada, but the names it overshadows are starting to make a real impact, says one of Canada’s top ranked tech analysts. Cantor Fitzgerald’s Director of Canadian Research Tom Liston was on BNN’s Business Day with host Marty Cej last week to [...]

Cantor Fitzgerald’s Tom Liston raises price target on top pick Descartes

Art Mesher: "We have a culture of serving customers and working together as one learning team."

Descartes Systems (TSX:DSG) this morning reported its Q3, 2013 results. The company earned $3.11-million on revenue of $32.7-million which was up 15% from the same period a year prior. CEO Art Mesher offered a backdrop to the results. “We have a culture of serving customers and working together as one learning team,” he said. “Our [...]

Cantor Fitzgerald’s Liston: I am more bullish than ever on Descartes

CEO Art Mesher and the 2011 Descartes Evolution Conference. Analyst Tom Liston says that his conversations with customers revealed something very interesting; most consider Descartes not to be a vendor, but a partner in their business.

Descartes Systems (TSX:DSG) last week held its annual Descartes Evolution Conference in Fort Lauderdale. The get-together, says Descartes, let users meet the management team to discuss product developments plans and look for ways to improve their operations. Cantor Fitzgerald analyst Tom Liston attended the conference. Liston, who covered Descartes with his previous firm, Versant Partners, [...]

Descartes Systems CEO Art Mesher presents At M Partners Tech12

Dollar for dollar, says CEO Art Mesher, Descartes is the most profitable Software as a Service company in the world.

Descartes (TSX:DSG) CEO Art Mesher arrived at the morning session of the M Partners Tech12 Conference in Toronto today to deliver what he said was a new presentation aimed at US shareholders. Mesher said he is unsatisfied with valuation multiples granted his company north of the border, and intends to take advantage of the company’s [...]

M Partners Tech 12 Investor Conference set for September 11th in Toronto

M Partners is welcoming Cantech Letter readers who are accredited investors to attend its Tech 12 Investor Conference in Toronto September 11th. Space is very limited, so register now.

In September, Cantech Letter will be on hand for the M Partners Tech 12 Investor Conference in Toronto. This year’s proceedings will follow the success of last year’s jam packed event, in which institutional investors heard from Canadian tech luminaries such as Art Mesher of Descartes Systems Group and Jim Skippen of Wi-LAN. As tech [...]

Descartes CEO Mesher says RIM’s market is ripe for a federator

Descartes CEO Art Mesher says the first thing to remember about RIM's story is that it isn’t really new. "History is just repeating itself" he said. “Historically, since the advent of the microprocessor, he points out “hardware has become a commodity over time leading to a new world of open applications and content.” But Mesher says one thing is clear: history demonstrates that integrators end up winning.

Descartes Systems Group (TSX:DSG) CEO Art Mesher appeared on BNN’s “The Close” Tuesday to weigh in on an ongoing series at BNN called “The Next Big Thing in Tech”. Mesher says federated networks; technology that links individual parts of a supply chain to streamline delivery and lower costs are, in fact, the logical evolution of [...]