On Thursday, March 20, 2025, the Greater Kitchener Waterloo Chamber of Commerce hosted the 2025 Business Excellence Awards Gala, presented by Cowan Insurance Group. The Waterloo Region business community, local dignitaries, and community ambassadors came together to honour the extraordinary contributions of more than 130 nominees across 14 categories.
Congratulations to NDI (Northern Digital Inc.) for winning the Business of the Year Award (Over 50 Employees). This award goes to the business that has established themselves as a notable contributor to Waterloo Region’s local economy, commitment to innovation, and a business that truly inspires the next generation of talent.
NDI (Northern Digital Inc.) has been a trailblazer in the 3D optical and electromagnetic tracking technology sector for nearly 45 years, and their sustained innovation has solidified their position as a leader in the industry. With a workforce of nearly 300 professionals, NDI’s growth has been remarkable, maintaining an average annual growth rate of 12% over the past 15 years. Their commitment to innovation is especially evident in the Waterloo region, where the company has maintained a dominant presence, generating over 85% of their total revenue in 2024. Outside the Region, NDI’s innovations have been integrated into over 90% of North America’s advanced surgical navigation systems.
But for NDI, Waterloo Region is home. Last year, NDI employees raised over $3,200 for the Send ‘Em Off Smiling foundation, organized food drives, and supported local healthcare initiatives, including significant contributions to Hospice Waterloo Region. Their dedication to improving the community is further exemplified by their support for local educational programs, environmental sustainability efforts, and initiatives such as paid volunteer time and mental health resources for employees. Their core values continue to include a focus on social responsibility and community well-being.
