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    Parker: Blackline Safety hits $100-million milestone in annual revenue

    YYC TimesBy YYC TimesJanuary 25, 2024No Comments6 Mins Read

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    1. Native Enterprise
    2. Enterprise

    Calgary-based Blackline Security continues development whereas marking 20 years of defending employees around the globe

    Revealed Jan 25, 2024  •  Final up to date 1 hour in the past  •  3 minute learn

    Parker Blackline
    At left, Cody Slater, CEO and chair of Blackline Security, and director of firmware growth Marko Milutinovic are proven on the Ramsay plant. Photograph by Courtesy, Blackline Security /Postmedia Community

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    There’s a lot of buzz about importing high-tech corporations to Calgary and fostering startups to strengthen our place as a centre for innovation. And that’s good. However there are a selection of homegrown companies which have turn out to be world leaders of their subject which are deserving of applause.

    Blackline Security was based right here in 2004. CEO and chair Cody Slater reviews it has progressed to be a globally linked security chief with a workers of greater than 500 — 350 of whom work out of the Calgary head workplace within the former Dominion Bridge constructing alongside 24th Avenue S.E. in Ramsay. Others are in Blackline places of work in Colchester, England; Lille, France; Sydney, Australia; Dubai, UAE; and Houston, Texas.

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    Blackline has achieved a big milestone in reaching $100 million in whole annual income, recording its 27th consecutive quarter of year-over-year whole income development. Within the fourth quarter of 2023, it reached $30 million whole income, a 36 per cent improve over the earlier 12 months’s quarter.

    Slater says 2023 completed robust, with development in the US rising 89 per cent, whereas the Canadian market reported 12 per cent income development and income from the remainder of the world grew 14 per cent.

    Amongst new enterprise, it was awarded a $3.5-million contract by a number one North American vitality firm to guard greater than 850 employees, and $1.3 million value of contracts with Center East vitality corporations.

    Blackline is a know-how chief within the industrial workforce, with linked units and predictive analytics that allow corporations to drive towards zero security incidents and improved operational efficiency. It gives wearable units, private and space fuel monitoring, cloud linked software program and knowledge analytics to satisfy demanding security challenges with prospects in additional than 100 nations.

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    Greater than 150,000 employees are monitored 24/7, leading to reporting greater than 226 billion knowledge factors and initiating greater than seven million emergency alerts. Slater says the corporate function is to make sure each employee has the boldness to get the job achieved and return residence safely.

    Whether or not in a mine in Chile, a distant location within the Arctic or at a B.C. fish farm, Blackline’s know-how is revolutionizing the protection of employees spanning industries comparable to oil and fuel, petrochemical, meals manufacturing, transportation utilities, or water and wastewater.

    The market is large.

    The Worldwide Labour Group reviews that each 15 to 30 seconds, somebody around the globe dies from a work-related incident — 6,000 deaths per day. And the variety of lone employees is rising.

    Blackline protects towards on-the-job hazards comparable to publicity to 26 totally different gases, falls and some other accidents in distant areas with use of its G7 linked wearable gadget that was launched in 2017. Staff are by no means really alone.

    “No name is unanswered, no incident undetected,” Slater says.

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    It’s excellent news for this metropolis that all the analysis, growth and manufacturing for Blackline’s product line is the duty of its gifted crew of designers and engineers primarily based in its Calgary workplace and plant.

    Notes:

    • A few Calgary homebuilders are proud to be chosen to construct beautiful 2024 lottery properties. Trico Properties has introduced it has constructed its seventh consecutive Stars Lottery grand prize residence within the southeast neighborhood of Wolf Willow. The Riverside is a sublime four-bedroom residence spanning 3,286 sq. ft, with mid-century modern-transitional design. Nestled within the coronary heart of the northwest master-planned lake neighborhood of Concord, Baywest Properties has constructed an distinctive 5,511-square-foot property residence for the winner of the 2024 Foothills Hospital Residence Lottery.

    • New 12 months’s Eve appears a methods again, however our Chinese language neighborhood is eagerly awaiting the annual lunar celebrations. On Feb. 10, the Hong Kong Canada Enterprise Affiliation 12 months of the Dragon Gala will likely be held at Regency Palace, which additionally celebrates the 40th anniversary of the group in Calgary. On the similar venue on Feb. 24, the Sien Lok Society is celebrating its fifty fifth Enter The Dragon gala dinner. Each are distinctive, conventional cultural occasions that every one can get pleasure from.

    David Parker seems recurrently within the Herald. Learn his columns on-line at calgaryherald.com/enterprise. He could be reached at 403-830-4622 or by e mail at information@davidparker.ca

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