About Daacoworks
Daacoworks is a Technology company based in Bengaluru (India) founded in 2018 by Veeralakshmanan S and Gomathisankar S. It offers CMMS, SCADA, and IIoT solutions for asset management and monitoring in industries. It operates on a SaaS and B2B model. Its Indian entity Daacoworks Technologies Private Limited reported revenue of ₹3 Lakh. Daacoworks offers products and services including Prism CMMS, Prism IIoT, Prism SCADA, and Data Historian. Its focus areas include Industrial, Operations and Maintenance Tech, Asset Management and CMMS and SCADA. Its competitors include Cradlepoint, Actility, Ondas Networks, Kajeet and EMnify and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Daacoworks develops software tools like Prism CMMS and Prism IIoT for managing industrial assets, maintenance, and remote monitoring. It facilitates preventive maintenance, work order handling, and real-time data analysis to optimize plant operations and reduce downtime. The company serves sectors such as manufacturing, dairy, and food processing, enabling informed decisions through performance tracking and compliance reporting. Based in Bengaluru, India, it focuses on connecting teams, machines, and methods for efficient collaboration.
- Headquarters Bengaluru, India
- Founders Veeralakshmanan S, Gomathisankar S
- SectorsTechnology
- Email••••••••
- Website daacoworks.com
- Social LinkedIn X Facebook YouTube
- Legal Name Daacoworks Technologies Private Limited
- Date of Incorporation 05 Jun, 2018
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹3 Lakh
FY 2023 · -80% YoY
- Net Loss-₹14.4 Lakh
FY 2023 · -481% margin
- EBITDA-₹14.4 Lakh
FY 2023 · -481% margin
Associated legal entities of Daacoworks
Daacoworks operates through Daacoworks Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Daacoworks Technologies Private Limited CIN U72900KA2018PTC113716 | Active | 05 Jun 2018 | Bangalore, Karnataka | ₹0.0 Cr | – | 2 | View details |
Products & Services of Daacoworks
Daacoworks offers a comprehensive portfolio of products and services, including Prism CMMS, Prism IIoT, Prism SCADA, and Data Historian.
Software for computerized maintenance and asset tracking in industries.
Platform for remote monitoring and control of industrial processes.
System for real-time data acquisition and process visualization.
Tool for storing and analyzing historical operational data.
Apps and channels of Daacoworks
Daacoworks publishes 1 mobile app with over 100 downloads; its YouTube channel Daacoworks Technologoies has 19 subscribers and 30 videos.
Videos from Daacoworks
The most watched videos on Daacoworks's YouTube channel, Daacoworks Technologoies (19 subscribers). Click a video to play it here.
More on Daacoworks Technologoies.
Board of directors of Daacoworks Technologies Private Limited (Daacoworks)
Daacoworks Technologies Private Limited is the primary company behind Daacoworks. The board of Daacoworks Technologies Private Limited currently have 2 directors; the longest-serving is Sivakumarasakthivel Gomathisankar, appointed in 2018.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sivakumarasakthivel Gomathisankar DIN 08150644 | Director | 05 Jun 2018 | 8 yrs 4 mo | Daacoworks Technologies Private Limited |
| Sankaraganapathy Nithya DIN 08150645 | Director | 05 Jun 2018 | 8 yrs 4 mo | Daacoworks Technologies Private Limited |
People of Daacoworks
2 people are tracked at Daacoworks (2 in leadership).
| Name | Role | Group |
|---|---|---|
Veeralakshmanan S | Co-Founder | Leadership |
Gomathisankar S | Co-Founder | Leadership |
Complete people profiles for Daacoworks
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Daacoworks
Figures of Daacoworks Technologies Private Limited, the primary company behind Daacoworks, for FY 2023. Revenue was ₹3 Lakh (-80% year on year). Net loss was -₹14.4 Lakh (-481% margin). EBITDA was -₹14.4 Lakh (-481% margin). Revenue has grown at a compounded annual rate of +18% over three years.
- ₹3 LakhRevenue · FY 2023 · -80% YoY
- -₹14.4 LakhNet loss · -481% margin
- -₹14.4 LakhEBITDA · -481% margin
- ₹1 LakhPaid-up capital
- +18%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Daacoworks Technologies Private Limited are on its company page.
Detailed financial statements for Daacoworks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Competitors of Daacoworks
Daacoworks has 10 listed competitors in our database, 9 of them funded. They include Cradlepoint, Actility, Ondas Networks, Kajeet and EMnify, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cradlepoint.com | 2004 | Boise, United States | $154.85M | 693 | Cloud-based network infrastructure for IoT applications is provided. | |
| actility.com | 2010 | Paris, France | $121.63M | – | Platform for IoT deployments and network connectivity management is provided. | |
| ondas.com | 2006 | Sunnyvale, United States | $2.53M | 116 | Broadband communication technologies for IoT are developed and deployed. | |
| kajeet.com | 2003 | United States | $55.93M | – | IoT connectivity and management solutions are provided for various markets. | |
| emnify.com | 2014 | Wurzburg, Germany | $65.83M | 84 | Cloud platform for M2M and IoT connectivity is offered. | |
| celona.io | 2019 | Campbell, United States | $134.8M | – | Cloud-based WiFi infrastructure connectivity management software is provided. | |
| aeris.com | 1992 | Santa Clara, United States | $29M | 137 | Secure, scalable IoT solutions are provided for diverse industries. | |
| hologram.io | 2014 | Chicago, United States | $84.37M | 151 | A connectivity management platform for IoT devices is provided globally. | |
| jasper.com | 2004 | Santa Clara, United States | $207.78M | – | Network connectivity platform for mobile Internet of Things is provided. | |
| wirelesslogic.com | 2000 | Maidenhead, United Kingdom | – | 127 | M2M managed services and cellular connectivity solutions are provided. |
Detailed competitors of Daacoworks
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Industrial IoT & Smart Manufacturing
10 companies that operate in the same segment as Daacoworks (Industrial IoT & Smart Manufacturing), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
AI-powered cloud-based vehicle tracking solutions are offered for fleet owners. | 2015 | San Francisco, California, United States | USD 915 M | USD 1.62 B | 3,500 | |
Cloud-based smart security cameras are manufactured for home use. | 1999 | Provo, Utah, United States | USD 172 M | USD 341.04 M | 11,275 | |
Cloud-based network infrastructure for IoT applications is provided. | 2004 | Boise, Idaho, United States | USD 154.85 M | USD 8.52 M | 165 | |
Wireless security platform for IoT applications is provided. | 2015 | Palo Alto, California, United States | USD 1.17 B | – | – | |
Blockchain-based connectivity for IoT applications is facilitated. | 2017 | Menlo Park, California, United States | USD 50 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based smart locks for residential and commercial access are provided. | 2014 | New York, New York, United States | USD 158.55 M | USD 70.12 M | – | |
Keyless smart locks are developed for consumer and commercial applications. | 2015 | Singapore, Singapore | USD 32.28 M | – | – | |
Provider of cyber security solutions for asset visibility and threat management | 2000 | San Jose, California, United States | USD 120.28 M | USD 4.03 M | 136 | |
Mesh-based connectivity solutions for IoT applications are provided. | 2014 | San Francisco, California, United States | USD 90 M | – | – |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Frequently Asked Questions about Daacoworks
Daacoworks was founded in 2018.
Daacoworks is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
The primary company behind Daacoworks, Daacoworks Technologies Private Limited, reported revenue of ₹3 Lakh for FY 2023, down 80% year on year.
Daacoworks develops software tools like Prism CMMS and Prism IIoT for managing industrial assets, maintenance, and remote monitoring. It facilitates preventive maintenance, work order handling, and real-time data analysis to optimize plant operations and reduce downtime. The company serves sectors such as manufacturing, dairy, and food processing, enabling informed decisions through performance tracking and compliance reporting. Based in Bengaluru, India, it focuses on connecting teams, machines, and methods for efficient collaboration.
Daacoworks's top competitors include Cradlepoint, Hologram and EMnify.
Daacoworks offers Prism CMMS, Prism IIoT, Prism SCADA, and Data Historian.
Daacoworks operates through Daacoworks Technologies Private Limited.
The legal entities of Daacoworks currently have 2 directors, including Sivakumarasakthivel Gomathisankar, Sankaraganapathy Nithya.
Yes. Daacoworks publishes Prism CMMS, with over 100 downloads.