Canidium LLC, the leading provider of sales performance and incentive compensation management services, was recognized as the 14th fastest growing technology company in the Houston Business Journal’s Annual Fast Tech 50 listing.

The Fast Tech 50 Awards are given to the top 50 companies in terms of greatest percentage revenue growth. Like Canidium, many of the companies competing for these awards are consulting groups. This is the first year Canidium has been eligible to participate in the Fast Tech 50, as the company was founded in 2008.

“Canidium has achieved tremendous growth in revenue over the past three years” said Doug Erb, Canidium CEO. “We are honored to be presented with this esteemed award and look forward to being recognized for years to come.”

Canidium LLC posted $1.72 million in 2009 and $3.35 million in 2010. Doug Erb attributes the company’s success and rapid growth to the expanding consulting team and the growing recognition of the company’s expertise in the field of sales performance and incentive compensation. Canidium uses an unbiased, value added approach to implement and integrate sales incentive and compensation systems, as well as to support business intelligence and analytics in order to achieve optimal results in line with a company’s overall business strategies.

The 2011 Fast Tech 50 Award rankings were announced on Tuesday, November 29, 2011 at a luncheon hosted by the Houston Business Journal, Houston Technology Center, Pierpont Communications, PKF Texas, Rice Alliance for Technology and Entrepreneurship, and Wealth Design Group.

About Canidium LLC:

Canidium LLC is the leading provider of sales performance and incentive compensation management services that optimize the ratio between compensation and sales. Canidium’s unbiased, value added approach utilizes best practices and the best of breed vendors to implement and integrate sales incentive and compensation systems, as well as supporting business intelligence and analytics in order to achieve optimal results in line with a company’s overall business strategies.

Based in Houston, Texas, Canidium provides hands-on support during the entire project lifecycle to ensure its Fortune 500 clients receive the critical information necessary to execute and obtain outlined sales objectives.

For more information, please visit www.canidium.com. Find Canidium on: Facebook /Twitter /Linkedin.