A combination of entrepreneurial spirit and hard work can propel companies to the top of their field, and this was evident as Global Relay was named Company of the Year at the Technology Impact Awards (TIAs) earlier this month.

The Vancouver-based messaging and archiving compliance solutions provider was presented with the award at a sold-out gala event at the Vancouver Convention Centre put on by technology industry organization the BC Tech Association.

Global Relay was founded in 1999 as a three-person start-up, without the benefit of external funding. Today, it employs 400 people in seven offices cross the world, and is a leader in enterprise information archiving, compliance messaging and eDiscovery – the identification and collection of electronically-stored information.

The company is privately owned and employee controlled, yet has been able to hold its own against technology giants such as Google, HP, IBM, Microsoft and Veritas.

Global Relay offers innovative cloud-based solutions to help global financial organizations seamlessly capture, archive, search and analyze business data, making it easier for them to find information as it is required.

The TIAs are in their 23rd year, giving them the distinction of being the biggest and longest-running technology awards in British Columbia. The finalists and winner of the Company of the Year award are evaluated on their financial performance, market position, strategy and technical and product excellence.

BC Tech Association President and CEO Bill Tam said: “Global Relay is the quintessential BC Tech success story, demonstrating the zeal and tenacity that it takes to build a truly global company in Vancouver.”

Global Relay CEO and Founder Warren Roy said: “Being named Company of the Year truly is a defining moment for us – there is no greater honor.

“It is an incredible recognition of Global Relay’s world-class technology solutions, and the endlessly inquisitive and creative minds that worked hard to conceive, create, and market them. We are grateful to Bill Tam and all our friends at BCTA.”

Vancouver has become a haven for technology start-ups thanks to the strong support system that has been put in place for entrepreneurial ventures. Aspiring technology entrepreneurs will find plenty of encouragement, backing and opportunities in the city to help them achieve their goals.

Such entrepreneurs can get a head start on the competition with a master of business administration (MBA) degree at University Canada West (UCW). The UCW MBA program is designed to help entrepreneurs achieve their goals through business education, thus boosting graduate employability and turning student entrepreneurship into careers in Canada.